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]

Core Insights - Nayax Ltd. is showcasing its comprehensive solutions for the amusement sector at the IAAPA Expo 2024, emphasizing its role in enhancing merchant operations through simplified payments and loyalty maximization [1][7] Group 1: Product Offerings - Nayax provides an all-in-one solution for the amusement industry, featuring frictionless payments, flexible pricing, operational efficiency, and a complete engagement and loyalty suite [2] - The Tigapo product line includes a cloud-based management platform and an app with predictive algorithms, catering to consumer demand for engagement and immersive experiences [3] - New products launched at the IAAPA Expo 2024 include ChaTi, an AI chatbot that offers real-time insights and personalized recommendations, and advanced game activation readers with interactive screens [3][4] Group 2: Operational Efficiency - Connect2Play is a new plug-and-play cable that allows quick connection of Nayax's VPOS Touch payment device to various unattended amusement machines, reducing installation time and costs [5] - The EasitFit 2.0 bill validator adaptor enables both cash and cashless payment acceptance, further reducing operational costs while increasing revenue generation [6] Group 3: Company Vision and Commitment - Nayax aims to help operators manage their businesses effectively, focusing on delivering exceptional customer experiences and increasing revenue through innovative solutions [7] - The company has a global presence with 11 offices and approximately 1,100 employees, recognized as a payment facilitator with connections to over 80 merchant acquirers [8]

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 ...

Nayax (NYAX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 12. ...

HERZLIYA, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, today announced that it will release its earnings for the third quarter of 2024 on Tuesday, November 12, 2024, before U.S. markets open. Nayax will hold two calls, one in English and one in Hebrew. Nayax CEO and Chairman, Yair Nechmad, will speak alongside Nayax’s Chief Financial Officer, Sagit Manor, and Chief ...

From a technical perspective, Nayax Ltd. (NYAX) is looking like an interesting pick, as it just reached a key level of support. NYAX's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving ...

Shares of Nayax Ltd (NYAX, Financial) fell 3.17% in mid-day trading on Oct 2. The stock reached an intraday low of $24.57, before recovering slightly to $25.06, down from its previous close of $25.88. This places NYAX 19.13% below its 52-week high of $30.99 and 35.75% above its 52-week low of $18.46. Trading volume was 8,182 shares, 122.6% of the average daily volume of 6,674. Wall Street Analysts Forecast Based on the one-year price targets offered by 4 analysts, the average target price for Nayax Ltd (NYA ...

Core Insights - Nayax Ltd. and Adyen have formed a long-term strategic partnership to enhance cashless payment technology for businesses in the Electric Vehicle (EV) charging and automated self-service sectors [1][2] - The partnership will integrate Nayax's end-to-end payment and loyalty platform into Adyen's global platform, facilitating Nayax's expansion into new regions such as Latin America and APAC while reducing operational costs [2][3] Company Overview - Nayax is a global commerce enablement platform that provides cashless payment acceptance, management tools, and loyalty solutions, aiming to help merchants scale their businesses [5] - As of June 30, 2024, Nayax operates 11 global offices, employs approximately 1,100 staff, and connects with over 80 merchant acquirers [5] - Adyen is a leading financial technology platform that offers end-to-end payment capabilities and works with major companies like Meta, Uber, and Microsoft [6] Partnership Details - The partnership will introduce a unique global omni-channel payment service specifically designed for EV Charge Point Operators (CPOs), addressing operational challenges related to payment reconciliation [3][4] - Nayax's existing payment processing devices and software are already utilized by many of the largest CPOs globally [3] - The collaboration is expected to significantly enhance Nayax's growth in e-commerce, starting with the EV charging sector and potentially expanding into other verticals [4]

HERZLIYA, Israel, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax's convenient automated self-service retail mobile payment system with A2Z Cust2Mate's innovative smart cart platform for smart retail stores. ...