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 (Nasdaq: NYAX; TASE: NYAX) has announced its sponsorship of Five Star's 2024 Feeding the Future Golf Classic in Chattanooga, Tennessee on September 23, 2024. This marks Nayax's fourth consecutive year as a sponsor. The event, founded by Five Star Breaktime Solutions in 2017, aims to provide meals to children in need and has raised over $1 million for food banks and charitable organizations.
Nayax is introducing a new handheld point-of-sale (POS) system for donations, powered by their end-to-end payment solution. This partnership builds on Nayax's existing relationship with Five Star, which began in 2019 when Five Star selected Nayax as their exclusive cashless technology partner and VendSys as their Vending Management System.
Nayax (Nasdaq: NYAX; TASE: NYAX) and Adyen have announced a long-term strategic partnership to expand cashless payment technology globally in the Electric Vehicle (EV) charging and automated self-service industries. This collaboration will integrate Nayax's end-to-end payment and loyalty platform into Adyen's single global platform, enabling Nayax to expand into new regions such as Latin America and APAC while lowering operational costs.
The partnership will introduce the world's first global omni-channel payment service provider solution for EV Charge Point Operators (CPOs), addressing the complexities of reconciling payments between multiple providers. This solution will integrate both card present and online payments using a mobile payment software development kit (SDK).
Nayax (NYAX) and A2Z Cust2Mate Solutions Corp. (AZ) have announced a strategic partnership to integrate Nayax's automated self-service retail mobile payment system with A2Z Cust2Mate's smart cart platform. This collaboration aims to revolutionize the retail shopping experience by allowing customers to complete their entire shopping journey from their smart cart, eliminating the need for checkout lines.
The Cust2Mate 3.0 system transforms regular shopping carts into powerful shopping platforms with touchscreen panels, computer vision, and personalized interactive features. By incorporating Nayax's payment solution, the system enables a convenient 'pick-and-go' experience. The partners plan to sell this unified solution to retailers globally, with the first deployment in France and a goal to roll out tens of thousands of payment-enabled smart carts worldwide.
Nayax (Nasdaq: NYAX; TASE: NYAX) has appointed Keren Sharir to the newly created role of President in addition to her current position as Chief Marketing Officer (CMO), effective immediately. Sharir, who has been CMO since 2014, will now support the CEO in aligning business operations, building policies, and increasing internal efficiency while steering growth efforts. She will continue to manage the company's marketing strategy, growth, and brand.
Sharir has been instrumental in Nayax's growth over the past decade, including building North American operations, leading the company's public markets debut in 2021, and establishing Nayax as a leading brand in the Automated Self-Service space globally. She holds a Bachelor of Science degree in mathematics and computer science from the University of Haifa.
Nayax (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform, announced its participation in two investor conferences during the week of August 12, 2024. The company's CFO, Sagit Manor, and CSO, Aaron Greenberg, will represent Nayax at both events:
1. Oppenheimer 27th Annual Technology, Internet & Communications Conference on August 13, featuring a virtual presentation at 9:55am EDT and one-on-one investor meetings.
2. 6th Annual Needham FinTech & Digital Transformation Virtual 1x1 Conference on August 15, offering virtual one-on-one meetings with investors.
These conferences provide Nayax with opportunities to showcase its latest advancements, discuss growth strategies, and engage with key stakeholders in the payments and loyalty industry.
Nayax (Nasdaq: NYAX, TASE: NYAX) reported strong Q2 2024 financial results, with total revenue reaching $78.1 million, up 39% year-over-year. The company saw improved profitability with gross margins of 44.3% and returned to operating profit with adjusted EBITDA of $8.1 million. Nayax reiterated its full-year 2024 guidance, projecting revenue between $325-335 million and adjusted EBITDA between $30-35 million.
Key highlights include significant growth in recurring revenue, improved gross margins, and expanded global footprint through recent acquisitions of VMtecnologia and Roseman. The company's hardware gross margins notably increased to 29% from 19% in Q2 2023. Nayax's strategic focus on leasing and rental over device sales is expected to lead to a higher margin profile in the mid and long term.
Nayax (Nasdaq & TASE: NYAX), a global commerce enablement, payments and loyalty platform, has announced its upcoming Q2 2024 earnings release scheduled for August 7, 2024, before the US market opens. The company will host two conference calls on the same day:
1. English call at 8:30 a.m. ET / 3:30 p.m. Israel Time / 5:30 a.m. PT
2. Hebrew call at 9:30 a.m. ET / 4:30 p.m. Israel Time / 6:30 a.m. PT
CEO Yair Nechmad and CFO Sagit Manor will participate in the calls. Pre-registration is encouraged for the English call. A replay will be available until August 21, 2024, and an archive will be accessible on Nayax's Investor Relations website.
Nayax (Nasdaq: NYAX; TASE: NYAX) has launched EV CloudPay, a new cloud-based payment solution for electric vehicle (EV) charging stations. This system enables drivers to pay using credit cards, debit cards, or mobile wallets through a single on-site kiosk, simplifying the current cumbersome payment process involving multiple apps. EV CloudPay supports over 80 cashless and digital payment methods and leverages the Open Charge Point Interface (OCPI) for seamless integration with charging station management systems. This launch is a strategic move by Nayax to enhance the EV charging experience, facilitate faster payments, and support the global transition to electric vehicles.
Nayax (Nasdaq: NYAX; TASE: NYAX) announced that its VPOS Touch card reader won the Best Payment System award at the 2024 Vendies Awards, a UK-based vending industry event. This award is given by a panel of judges spanning various industry categories. The VPOS Touch enables operators to manage sales, refunds, inventory, and machines through telemetry technology and a vending management system. Integrated with Nayax's Monyx Wallet app, it offers over 80 cashless payment options in more than 50 countries, facilitating cash, card, and contactless payments. General Manager of Nayax UK, Lewis Zimbler, highlighted the company's commitment to providing a seamless consumer experience and supporting merchant growth. The device has previously won the same award in 2021 and was named Payment System of the Year in 2016, 2017, and 2018.
Nayax, a global commerce enablement payments and loyalty platform, announced its participation at the William Blair Growth Conference in Chicago on June 6, 2024. The event will feature presentations by Ms. Sagit Manor, Chief Financial Officer, and Mr. Aaron Greenberg, Chief Strategy Officer, scheduled for 8:40 a.m. Chicago Time. Both executives will also engage in one-on-one meetings throughout the day. A live webcast of the presentation will be available, and a replay will be accessible on Nayax's investor relations website.