Strong Revenue Growth
Nayax reported a 22% increase in revenue for Q2 2025 compared to Q2 2024, reaching $96 million. Recurring revenue grew 32%, now representing 74% of total revenue, up from 68% in Q2 2024.
Significant Increase in Transaction Value
Total transaction value increased by more than 34% over Q2 2024, reaching nearly $1.6 billion, driving strong processing revenue growth of 35% for the quarter.
Major Strategic Partnerships
Nayax announced a strategic partnership with Autel Energy, expecting to purchase 100,000 UNO Minis to be embedded in their EV chargers. Another partnership with Lynkwell in the EV charging sector was also highlighted.
Improved Profitability
Gross margin improved to 48.3% from 44.3% in Q2 2024. Adjusted EBITDA increased to nearly $13 million, representing 13% of revenue, with a net income of nearly $12 million compared to a net loss of $3 million in the prior-year period.
Customer and Device Base Expansion
Customer base expanded by approximately 24% compared to Q2 2024, and the installed base of managed and connected devices grew 16% to almost 1.38 million devices.