Core Insights - Nayax Ltd. reported a full year revenue of $400.4 million, with a recurring revenue growth of 29% and an organic revenue growth of 24% [1][6] - The company achieved a net income of $35.5 million and an Adjusted EBITDA of $61.1 million for the year [1][9] - For 2026, Nayax expects revenue guidance between $510 million and $520 million, with Adjusted EBITDA guidance of $85 million to $90 million [1][17][20] Financial Performance - Total revenue increased by 27.5% from $314.0 million in 2024 to $400.4 million in 2025 [4][6] - Recurring revenue, which includes SaaS and payment processing fees, grew by 29.2% to $287.2 million, representing 72% of total revenue [9] - Payment processing fees rose by 30.1% to $174.1 million, while SaaS revenue increased by 27.9% to $113.1 million [4][9] - Gross margin improved to 48.2% from 45.1%, with recurring margin rising to 53.3% from 51.3% [9] Operational Metrics - Total transaction value grew by 32.3% to $6.449 billion, with the number of processed transactions increasing by 20.8% to 2.873 billion [10][14] - The average revenue per unit (ARPU) increased by 11% to $239, driven by the conversion of existing machines to cashless transactions [12] - The customer base expanded by 20.5%, adding over 19,400 new customers, bringing the total to approximately 115,000 [12][19] Fourth Quarter Highlights - In Q4 2025, total revenue reached $119.5 million, a 34.3% increase from $89.0 million in Q4 2024 [11][13] - Recurring revenue for the quarter grew by 22.7% to $77.3 million, representing 65% of total revenue [11][13] - Net income for Q4 was $13.2 million, compared to $1.6 million in the same quarter of the previous year [13] Strategic Developments - Nayax completed the acquisition of Lynkwell, an AI-enabled EV charging platform, enhancing its payment technology offerings [19] - The company raised approximately $307 million through bond and warrant offerings in 2025 [9][19] - Nayax partnered with Unipass to launch a unified payment solution for UK SaaS platforms, integrating its technology into various payment channels [19]
Nayax Reports Fourth Quarter and Full Year 2025 Results