{"id":875011,"date":"2025-08-13T07:33:39","date_gmt":"2025-08-13T11:33:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nayax-reports-second-quarter-2025-results\/"},"modified":"2025-08-13T07:33:39","modified_gmt":"2025-08-13T11:33:39","slug":"nayax-reports-second-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nayax-reports-second-quarter-2025-results\/","title":{"rendered":"Nayax Reports Second Quarter 2025 Results\u00a0"},"content":{"rendered":"
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\n Revenue of $95.6 million, recurring revenue growth of 32%<\/strong>\n <\/p>\n

\n Gross margin improves to 48.3%<\/strong>\n <\/p>\n

\n Net income of $11.7 million with Adjusted EBITDA of $12.6 million<\/strong>
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\n (1)<\/strong>
\n <\/sup>\n <\/p>\n

\n Total transaction value up 34%, Customer base increases 24% <\/strong>\n <\/p>\n

\n Company reaffirms full year 2025 guidance<\/strong>\n <\/p>\n

HERZLIYA, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX, TASE: NYAX),<\/strong> a global commerce payments and loyalty platform designed to help merchants scale their business, today announced its financial results for the second quarter ended June 30, 2025.<\/p>\n

\u201cOur second quarter results reflect the successful execution of our strategic initiatives and the positive momentum of the business. We delivered yet another quarter of strong operational and financial performance driven by profitable revenue growth, robust global demand for our product solutions and services, market share gains, and an ever-expanding geographic footprint of our installed base. Our TAM is large and growing, driven by the shift from cash to digital payments. We expect acceleration in the second half of the year, driven primarily by stronger enterprise hardware sales in emerging segments such as EV chargers, smart coolers and family entertainment centers. With that, we are reaffirming our full year 2025 guidance\u201d, commented Yair Nechmad, Chief Executive Officer and Chairman of the Board.<\/p>\n

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\n (1) Adjusted EBITDA and Free Cash Flow are non-IFRS financial measures. Please refer to the tables at the end of this press release for a reconciliation of adjusted EBITDA and Free cash flow to the most directly comparable IFRS measure. The Company does not provide a reconciliation of forward-looking adjusted EBITDA to IFRS net income (loss) due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, in particular, because special items such as\u00a0finance expenses and Issuance and acquisition costs used to calculate projected net income (loss) vary dramatically based on actual events.\u00a0 Therefore, the Company is not able to forecast on an IFRS basis with reasonable certainty all deductions needed in order to provide an IFRS calculation of projected net income (loss) at this time. The amount of these deductions may be material and therefore could result in projected IFRS net income (loss) being materially less than projected adjusted EBITDA (non-IFRS). <\/sub>
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\n Second Quarter 2025 Financial Highlights<\/u>
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\n (All comparisons are relative to the second quarter and three-month period ended June 30, 2024, unless otherwise stated)<\/em>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Revenue Summary<\/strong>\n <\/td>\n\n Q2 2025 ($M)<\/strong>\n <\/td>\n\n Q2 2024 ($M)<\/strong>\n <\/td>\n\n Growth (%)<\/strong>\n <\/td>\n<\/tr>\n
Payment processing fees<\/td>\n43.1<\/td>\n\u00a0<\/td>\n32.0<\/td>\n\u00a0<\/td>\n34.7%<\/td>\n\u00a0<\/td>\n<\/tr>\n
SaaS revenue<\/td>\n27.6<\/td>\n\u00a0<\/td>\n21.4<\/td>\n\u00a0<\/td>\n29.0%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total recurring revenue<\/strong>
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\n (1)<\/strong>
\n <\/sup>\n <\/td>\n		\n 70.7<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 53.4<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 32.4<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n POS devices revenue<\/strong>
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\n (2)<\/strong>
\n <\/sup>\n <\/td>\n		\n 24.9<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 24.7<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 0.8<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n Total revenue<\/strong>
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\n (3)<\/strong>
\n <\/sup>\n <\/td>\n		\n 95.6<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 78.1<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 22.4<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
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Margin Summary<\/strong>\n <\/td>\n

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Q2 2025<\/strong>\n <\/td>\n

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Q2 2024<\/strong>\n <\/td>\n

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Variance<\/strong>\n <\/td>\n<\/tr>\n

Payment processing margin<\/td>\n39.1%<\/td>\n\u00a0<\/td>\n33.6%<\/td>\n\u00a0<\/td>\n5.5%<\/td>\n\u00a0<\/td>\n<\/tr>\n
SaaS margin<\/td>\n74.2%<\/td>\n\u00a0<\/td>\n78.3%<\/td>\n\u00a0<\/td>\n-4.1%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total recurring margin<\/strong>\n <\/td>\n\n 52.8<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 51.5<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 1.3<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n POS devices margin<\/strong>\n <\/td>\n\n 35.4<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 28.7<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 6.7<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n Total margin<\/strong>\n <\/td>\n\n 48.3<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 44.3<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 4.0<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

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\n (1) Recurring revenue comprised of SaaS subscription revenue and payment processing fees.<\/sub>
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\n (2) POS devices revenue includes revenues that are derived mainly from the sale of our hardware products.
(3) Q2 2025 includes $2.2 million of revenues from recent acquisitions.<\/sub>
\n <\/sup>\n <\/p>\n