Welcome to our dedicated page for Nayax news (Ticker: NYAX), a resource for investors and traders seeking the latest updates and insights on Nayax stock.
Nayax Ltd. provides a global commerce enablement, payments, and loyalty platform for merchants operating unattended and retail environments. Its news commonly covers cashless payment acceptance, operations management, Internet of Things software, point-of-sale devices, loyalty tools, and retail inventory capabilities used across vending, micro markets, self-service kiosks, laundromats, amusement, ticketing, car wash, and EV charging settings.
Recurring updates for NYAX include quarterly and annual results, transaction and connected-device metrics, product showcases for unattended retail and specialty retail, and partnerships that extend Nayax payment technology into EV charging networks, charging-management software, embedded payments, and card-present commerce.
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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.
Nayax Ltd. (NYSE: NYAX) announced plans to release its Q4 and FY 2022 financial results on March 1, 2023. CEO Yair Nechmad highlighted 48% revenue growth in Q4 compared to the previous year, with strong transaction processing volume growth of 53%. The full-year revenue is expected between $173 million and $174 million, reflecting a 46% increase from 2021. Recurring revenue now constitutes 60% of total revenue. A total of approximately 725,000 managed devices and 47,000 customers were reported, marking annual increases of 40% and 57% respectively.
Nayax Ltd. (Nasdaq; TASE: NYAX) has launched Nayax Capital, an embedded financing solution for its USA e-commerce shop. This offering allows customers to purchase VPOS Touch card readers or Nova Market self-service kiosks with 0% APR and flexible repayment options.
Nayax Capital's 'pay-as-you-grow' model supports cashflow by linking repayments to sales, eliminating upfront costs. This joint venture with Bank Hapoalim aims to assist retailers in scaling operations more efficiently. Nayax continues to enhance its value proposition for merchants, aiming to improve their bottom line.
Nayax Ltd. (Nasdaq; TASE: NYAX) announced that its co-founder and CEO, Yair Nechmad, along with CFO Sagit Manor, will present virtually at the 25th Annual Needham Growth Conference on January 12, 2023, at 2:15 p.m. EST. The event will include one-on-one meetings and the presentation will be available for live streaming and replay on the Nayax investor relations website. Nayax specializes in commerce enablement and payment solutions, serving over 80 merchant acquirers globally.
Nayax Ltd. (Nasdaq: NYAX) announced on December 13, 2022, that it has received a European issuer license from Mastercard for its subsidiary CoinBridge. This license will facilitate CoinBridge's expansion into the European Union and the UK, enhancing its 'Pay with Points' loyalty solution. CoinBridge allows consumers to convert digital assets into real transactions globally. The rollout will include partnerships with leading European retailers. Nayax aims to boost retailer growth and consumer satisfaction while advancing its global presence.