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.
Nayax Ltd. (Nasdaq; TASE: NYAX), a global commerce enablement and payments platform, announced its participation in a webinar hosted by Roth Capital Partners on December 13, 2022. The session will be led by co-founder and CEO Yair Nechmad and CFO Sagit Manor, starting at 12:00 p.m. EST (9:00 a.m. PST). Nayax offers a full suite of solutions to help merchants enhance their business operations, with over 800 employees and connections to more than 80 payment integrations. For more information, visit www.nayax.com.
Nayax Ltd. (Nasdaq: NYAX) announced its commitment to enhancing community well-being through an environmental, social, and governance (ESG) program. This initiative focuses on sustainable practices like paperless receipts and EV charging technology. Nayax is also partnering with Yala to launch a 'Giving Card' program on December 1, 2022, allowing customers to donate a portion of their purchases to charities. This program, supported by Nasdaq, reflects Nayax's goal to redefine commerce for positive community impact.
Nayax Ltd. (NASDAQ: NYAX) reported a significant 53% revenue growth year-over-year, reaching $47.2 million for Q3 2022. The company’s recurring revenue from SaaS and payment processing surged 39%, constituting 58% of total revenue. Nayax added 4,000 new customers, increasing its customer base to 42,000, with a 127% dollar-based net retention rate. Despite these achievements, the company faced challenges, including a $1.4 million revenue hit from currency fluctuations and an operating loss of $9.2 million. Nayax reaffirmed its mid-term revenue target of $220 million.
Nayax Ltd. (Nasdaq; TASE: NYAX) announced a framework agreement with Cellcom Israel for EV Meter Ltd. to provide customized electric vehicle (EV) charging systems. This collaboration marks Cellcom Israel's entry into the EV sector, enabling the installation of EV chargers in various locations across Israel. EV Meter's solutions include a smart charging management platform, universal stations, and a dynamic pricing module that aligns with local electricity rates. This partnership aims to enhance EV accessibility and offers benefits for both EV drivers and operators.