HERZLIYA, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ:NYAX, TASE: NYAX)), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will deploy its EasyFuelPlus, a fuel management system, by OTI PetroSmart, a leading provider of integrated, end-to-end fuel management and payment solutions, across the UK alongside its local partner, OTS Group for Tesco, a leading multinational gro ...

HERZLIYA, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will deploy its EasyFuelPlus, a fuel management system, by OTI PetroSmart, a leading provider of integrated, end-to-end fuel management and payment solutions, across the UK alongside its local partner, OTS Group for Tesco, a leading multinational gro ...

Company Overview - Nayax Ltd. is an Israeli fintech company founded in 2005, initially focused on providing payment solutions for vending machines and unattended businesses. The company has since expanded its services globally [3]. Business Expansion - Nayax has broadened its offerings beyond vending machines to serve a wider range of unattended business sectors, indicating a strategic shift to capture more market opportunities [3].

Core Insights - Nayax Ltd. is launching its attended retail solutions in 40 new European markets, marking a significant milestone in its global growth strategy [1][4] - The end-to-end retail solution offered by Nayax addresses multi-channel hardware, software, management, and customer engagement needs through a unified platform [2] - Nayax's product offerings include the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad, designed for various retail and hospitality use cases [3] Company Overview - Nayax is a global commerce enablement and payments platform that helps merchants scale their business by simplifying payments and maximizing loyalty [1][5] - The company has approximately 1,100 employees and operates 11 global offices, with connections to over 80 merchant acquirers and payment method integrations [5] - Nayax's mission focuses on improving customers' revenue potential and operational efficiency through a comprehensive solution that includes cashless payment acceptance and loyalty tools [5]

HERZLIYA, Israel, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will launch its end-to-end automated self-service payment solution across El Salvador, enabling consumers to make secure cashless payments at automated machines with VPOS Touch™ devices. Nayax will work with trusted local partners to enable Salvadora ...

Core Insights - Nayax Ltd. is positioned as a unique global end-to-end player in unattended payments, highlighting its competitive advantage in the fintech space [2] - The company is focusing on aggressive organic expansion into adjacent markets, supported by targeted acquisitions to enhance growth opportunities [2] Company Overview - Nayax is a global commerce enablement and payments platform that assists merchants in scaling their businesses through simplified payments and enhanced loyalty [4] - As of September 30, 2024, Nayax operates 11 global offices, employs approximately 1,100 staff, and has connections to over 80 merchant acquirers and payment method integrations [4] - The company's mission is to improve customers' revenue potential and operational efficiency [4]

Financial Data and Key Metrics Changes - The company achieved record revenue of $83 million, reflecting a 38% year-over-year growth [11][22] - Adjusted EBITDA reached a record $11.1 million, representing approximately 13% of total revenue, up from $3.5 million in Q3 last year [9][28] - The company reported positive net income of $0.7 million for the first time, compared to a loss of $3.1 million in Q3 last year [29] - Free cash flow for the quarter was $10.1 million, contributing to a strong cash position of $89 million [30][31] Business Line Data and Key Metrics Changes - Recurring revenue from SaaS subscriptions and payment processing fees increased by 49% to approximately $60 million, representing 72% of total revenue [22][23] - Hardware revenue grew 15% year-over-year to $23.1 million, despite delays in new product certifications [12][24] - The installed base of managed and connected devices increased by 40% year-over-year to approximately 1.23 million devices [13][25] Market Data and Key Metrics Changes - The company anticipates slightly lower hardware revenue growth for the second half of 2024 due to product certification delays, but adjusted EBITDA guidance remains strong [16][17] - The company is adjusting its full-year 2024 revenue forecast to a range of $315 million to $320 million, reflecting a 35% year-over-year increase at the midpoint [33] Company Strategy and Development Direction - The company is focused on profitability and operational efficiency, aiming for sustainable and consistent profitable growth [10][19] - Strategic partnerships, such as with Adyen, are expected to enhance payment facilitation and reduce operational costs [14][53] - The company is targeting a long-term goal of 50% gross margin and 30% adjusted EBITDA [18][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience against macroeconomic impacts, citing low churn and high net retention rates [78][81] - The company sees significant growth opportunities in the EV charging sector and other automated solutions [15][43] - The outlook for 2025 includes expectations for continued strong profitable growth and the resolution of product certification delays [36][37] Other Important Information - The company reported a gross margin of 45.7%, up from 38.1% in Q3 last year, driven by improvements in hardware margins and supply chain optimization [26] - The company is integrating recent acquisitions, which are expected to enhance its overall solution offerings [14] Q&A Session Summary Question: Impact of certification delays on Q3 and Q4 - Management explained that certification delays were unforeseen and specific to certain territories, but they expect resolution soon [41][42] Question: Sustainability of hardware gross margin and Q4 expectations - Management indicated that operating leverage is expected to continue, with organic revenue growth outpacing operating expenses [44][46] Question: Details on the Adyen partnership and vendor consolidation - The partnership with Adyen is expected to enhance scalability and reduce operational costs, with initial integration stages completed [53][60] Question: Revenue contribution from Latin America and VMtecnologia acquisition - Management highlighted the potential for significant revenue growth in Latin America, particularly through the VMtecnologia acquisition [67] Question: Trends in take rates and verticals driving growth - Management noted that emerging verticals such as EV charging and micro markets are contributing to expanding take rates [71] Question: Potential impacts from recent elections and regulatory trends - Management expressed confidence that macroeconomic changes would have minimal impact on the business due to its diverse customer base and low transaction values [78][80]

HERZLIYA, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- NayaxLtd. (Nasdaq: NYAX; TASE: NYAX) - a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, is proud to showcase its broad range of end-to-end solutions for the amusement sector at the IAAPA Expo 2024 in Orlando, Florida. Nayax provides an all-in-one solution tailored for the amusement industry. It offers frictionless payments, flexible pricing for players, operat ...

Nayax (NYAX) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this financial technology company would post a loss of $0.02 per share when it actually produced a loss of $0.08, delivering a surprise of -300%.Over the last four quarters, the company ...

Exhibit 99.1 Nayax Reports Third Quarter 2024 Financial Results Total revenue of $83 million, up 38% YoY; Reporting positive Net Income for the first time of $0.7 million; Record Adjusted EBITDA of $11.1 million (1); Revises 2024 revenue outlook to $315-320 million, represents 35% growth at mid-point; Maintains 2024 adjusted EBITDA(2) guidance of $30-35 million and positive FCF; HERZLIYA, Israel, November 12, 2024 – Nayax Ltd. (Nasdaq: NYAX, TASE: NYAX), a global commerce payments and loyalty platform desig ...