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Nayax Ltd. (symbol: NYAX) is a comprehensive retail technology platform specializing in unattended commerce. The company provides innovative solutions that facilitate cashless, digital payments and connected commerce experiences, thereby enhancing consumer engagement and loyalty.
Nayax’s platform encompasses the entire value chain of unattended commerce, including a robust payments infrastructure, a versatile commerce software suite, a consumer engagement platform, and integrated Point of Sale (POS) devices. This makes it a vital player in a wide range of retail verticals such as vending machines, coffee machines, self-service kiosks, ticketing machines, car wash stations, gaming machines, amusement rides, laundromats, and Electric Vehicle (EV) charging stations.
One of Nayax’s recent significant milestones is the strategic acquisition of VMtecnologia, which extends its footprint in the Latin American market. This acquisition is set to bolster Nayax’s position in the fuel and EV charging sectors. Additionally, Nayax has entered into a collaboration with DKV Mobility, enabling the acceptance of DKV Mobility’s fuel and service cards at Nayax’s payment terminals across Europe, enhancing its presence in the energy market.
Founded with a mission to optimize revenue potential and operational efficiency for its customers, Nayax has evolved into a global leader with nine offices worldwide and a workforce of approximately 800 employees. The company’s solutions are integrated with over 80 merchant acquirers and multiple payment methods, establishing it as a recognized payment facilitator globally.
For more information, please visit www.nayax.com.
Nayax Ltd. (Nasdaq: NYAX) announced it will release its Q1 2023 financial results on May 10, 2023. The company, which specializes in enabling digital, cashless commerce experiences, will host two conference calls on the same day—one in English at 8:30 AM ET and another in Hebrew at 9:30 AM ET. The calls will feature CEO Yair Nechmad and CFO Sagit Manor. To facilitate participation, pre-registration for the English call is encouraged, with details provided in the announcement. A replay of the call will be accessible until May 24, 2023. As a global payments platform, Nayax connects merchants with various payment options and enhances consumer engagement, supporting growth across multiple sales channels.
Nayax Ltd. (NASDAQ: NYAX) announced the launch of its charging solutions through EV Meter in North America during the upcoming EV Charging Summit & Expo in Las Vegas. With rising projections of over 50% of new vehicles being electric by 2030, EV Meter aims to meet the escalating demand for EV charging stations by offering a complete portfolio with embedded payment systems. This end-to-end solution includes universal charging stations and a smart management platform, enhancing operational efficiency and driver satisfaction.
Shane Prebenda, Director of Sales & Strategy, leads this initiative, highlighting significant opportunities in the EV market.
Nayax Ltd. (Nasdaq: NYAX) announced robust financial results for Q4 and full year 2022, reporting a 48% revenue growth to $51 million and a 46% increase for the year, exceeding its annual growth target of 35%. Recurring revenue accounted for 58% of total revenue, reflecting a 42% growth in SaaS and payment processing fees. The customer base expanded to 47,000, a 60% increase, with a high net retention rate of 131%. Despite growth, the company faced challenges with an operating loss of $7.4 million in Q4 and a net loss of $37.5 million for the year. Nayax projects continued growth and profitability in 2023.
Nayax Ltd. (Nasdaq; TASE: NYAX) announced a strategic partnership with TIBA, a leading parking solutions provider, to enhance electric vehicle (EV) charging and payment options. This collaboration leverages Nayax's EV Meter platform to offer seamless charging solutions for EV drivers, starting in the U.S. and expanding globally. The partnership aims to improve user experience by integrating open loop payment systems and scalable charging solutions. TIBA, part of FAAC Technologies, will utilize Nayax’s management and payment services to optimize service delivery and meet the growing demand in the EV market. This initiative positions Nayax and TIBA ahead in the rapidly evolving EV landscape.
Nayax Ltd. (Nasdaq: NYAX) will host an in-person Capital Markets Day on March 23, 2023, at Nasdaq’s Global Headquarters in Times Square, New York. The event will feature presentations from key executives including Yair Nechmad, David Ben Avi, Carly Furman, and Sagit Manor, who will cover the company’s 'One Nayax' strategy, product developments, and financial updates. It starts at 8:30 a.m. ET and concludes at 11:45 a.m. ET, followed by a Q&A session. Limited in-person attendance requires registration. Event details, including a slide presentation and webcast replay, will be available on Nayax's investor relations website within 24 hours.
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