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 (NYAX) has completed a tender offer of Notes and Warrants to classified investors in Israel. The company plans to accept undertakings to purchase 486,291 units at NIS 1,021 per unit, generating gross proceeds of approximately $137.5 million.
Each unit consists of NIS 1,000 principal amount of Notes and three Warrants. The Notes are non-linked with a 5.9% fixed annual interest rate, maturing on September 30, 2030. The Warrants are exercisable into ordinary shares at NIS 177.80 (37% premium over March 6, 2025 closing price) until March 31, 2027.
The company will use proceeds for general corporate purposes, including debt repayment and potential acquisitions. Key covenants include maintaining minimum equity of $80 million and an Equity/Assets ratio of at least 21%. Dividend distributions require minimum equity of $120 million and a 29% Equity/Assets ratio.
Nayax (NYAX) reported strong financial results for Q4 and full year 2024. Full year revenue reached $314.0 million, with recurring revenue growing 47% YoY. The company achieved an Adjusted EBITDA of $35.5 million and Free Cash Flow of $18 million.
Key highlights include:
- Gross margin improved to 45.1% from 37.5%
- Operating profit of $3.1 million, up from a $12.4 million loss
- Net loss reduced to $5.6 million from $15.9 million
- Total connected devices reached 1.26 million, up 21%
- Customer base expanded to over 95,000, a 32% increase
For 2025, Nayax projects revenue of $410-425 million (30-35% growth) and Adjusted EBITDA of $65-70 million. The company's 2028 targets include 35% annual revenue growth, 50% gross margin, and 30% adjusted EBITDA margin.
Nayax (NYAX) has announced the acquisition of UPPay, a Brazilian digital payment and telemetry provider for automated self-service coffee machines, for an enterprise value of R$ 32.75 million BRL (~$5.3 million USD). The deal includes an earnout amount of up to $2.75 million.
This strategic acquisition follows Nayax's 2024 entry into Brazil through VMtecnologia acquisition. The combined operations will serve over 25,000 new unattended points of sale in Brazil, strengthening Nayax's position in the Brazilian self-service coffee market.
UPPay will integrate with VMtecnologia, consolidating sales, distribution, and technical expertise to expand service offerings and improve margins through synergies. The integration aims to provide affordable, fully integrated payment and telemetry solutions across Latin America.
Nayax (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform, has scheduled its Q4 and full year 2024 earnings release for March 4, 2025, before U.S. markets open. The company will host two events: an English conference call and an in-person investor meeting in Hebrew at their Herzliya, Israel offices.
The English conference call will be held at 8:30 a.m. Eastern Time, featuring CEO and Chairman Yair Nechmad, CTO David Ben-Avi, and CFO Sagit Manor. Pre-registration is available for immediate access, and a replay will be accessible until March 18, 2025. The Hebrew investor meeting will take place at 4:30 p.m. Israel Time at Nayax's offices, requiring pre-registration.
Nayax (NYAX) and SECO S.p.A. (IOT.MI) have signed a Memorandum of Understanding to establish a strategic partnership for embedding Nayax-powered payments directly within SECO products. The collaboration will initially focus on developing a payment-enabled smart screen for intelligent vending machines, micro markets, smart coolers, and automated self-service retail machines.
The partnership aims to deliver integrated IoT solutions combining secure payments with remote machine management and AI-driven business intelligence. OEMs will benefit from cost-optimized hardware featuring SECO's IoT capabilities and Nayax's payment platform. The integration will allow businesses to manage payment flows and automated self-service points through Clea, SECO's IoT-AI software platform.
The companies will showcase their solutions at the Embedded World Trade Show in Nuremberg from March 11-13, where OEMs can learn about the combined offerings at SECO's booth 320.
Nayax (Nasdaq: NYAX; TASE: NYAX) is set to launch 'Retail Your Way' at NRF 2025, showcasing its commitment to customer-centric retail solutions. The initiative, to be presented from January 12-14 at the Jacob K. Javits Center in New York City, follows Nayax's acquisition of Retail Pro International in late 2023.
The 'Retail Your Way' platform focuses on three key principles: Empowerment Through Flexibility, enabling businesses to optimize customer experience across multiple channels; Personalized Customer Experience, offering integrated loyalty and payment solutions; and Scalable, Modular Solutions that adapt to evolving market needs.
The company's enhanced retail solutions include flexible on-premise and cloud-based architecture, marketing tools, loyalty programs, and mobility solutions, serving various sectors including unattended commerce, retail verticals, hospitality, and EV charging.
Nayax (NYAX) announced the deployment of its EasyFuelPlus fuel management system across Tesco's UK delivery fleet. The implementation, partnering with OTS Group, will cover 14 Tesco distribution centers and over 5,000 vehicles by early 2026. The system uses RFID technology to automate fuel dispensing, eliminate human error, and optimize resource usage.
EasyFuelPlus provides precise fuel grade and volume control, tracks fuel efficiency through odometer and engine data, and offers real-time insights via the cloud-based FuelReporter platform. The technology will be integrated across Tesco's diverse fleet, including tractor units, refrigerated trailers, box trucks, and delivery vans, aiming to enhance transaction speed, security, and sustainability while reducing costs.
Nayax (Nasdaq: NYAX; TASE: NYAX) has expanded its collaboration with Discover® Global Network to accept Discover®, Diners Club International® and network alliance cards at Nayax payment devices across EMEA. This partnership gives access to 345 million Discover Global Network Cardholders, representing over $589 billion in global spend in 2023.
The collaboration enables Discover Global Network, which is accepted at more than 70 million merchant locations worldwide across 200+ countries, to gain access to automated self-service payment devices. This expansion aims to provide consumers with more payment options while creating growth opportunities for both companies.
Nayax (Nasdaq: NYAX; TASE: NYAX) announced the launch of its attended retail payment solutions across 40 European markets. The company's end-to-end retail solution includes multi-channel hardware, software, management, and customer engagement capabilities on a unified platform.
The initial product offerings include the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad, complementing their existing automated self-service payment solutions. These EMV-certified and secure NFC- and PIN-capable retail payment terminals are designed for various use cases in retail and hospitality settings.
The expansion covers major European countries including Germany, France, UK, Italy, Spain, and numerous others, marking a significant step in Nayax's global growth strategy.
Nayax (Nasdaq: NYAX; TASE: NYAX) announced the launch of its automated self-service payment solution in El Salvador, marking its expansion into the Latin American market. The company will deploy hundreds of VPOS Touch™ devices across various locations including shopping malls, office buildings, universities, hospitals, and transportation hubs. The initiative aims to enable Salvadoran operators to join Nayax's global community of over 90,000 customers, offering cashless payments and advanced loyalty programs. The company has invested in Spanish-language commercial and technical support to enhance client experience in the region.