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Nayax Ltd. (NYAX)
NASDAQ:NYAX
Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 36.27%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements such as record revenue, first-time net income, and strong recurring revenue growth. However, there were challenges related to product certification delays impacting hardware revenue, leading to a slight adjustment in revenue guidance. Overall, the sentiment is positive due to the strong performance in key areas and strategic partnerships.Company Guidance
During Nayax's Third Quarter 2024 Earnings Conference Call, the company provided a positive outlook, highlighting significant achievements in its financial performance. Nayax reported a record adjusted EBITDA of $11.1 million, which is approximately 13% of its total revenue, and achieved net income for the first time in its history. The company's revenue reached a record $83 million, representing a 38% year-over-year growth, with recurring revenue increasing by 49%. Key metrics such as the customer count rose to approximately 91,000, and the installed base of managed and connected devices grew by 40% to 1,230,000 devices. Despite some delays in new product certification, Nayax maintained its full-year revenue guidance in the range of $315 million to $320 million, with an expected adjusted EBITDA at the higher end of $30 million to $35 million. The company also emphasized the strategic partnership with Adyen, which is expected to generate substantial operational savings and expand its PayFac services to new regions.First-Time Net Income Achievement
Nayax achieved net income for the first time in the company's history, marking a significant milestone and reflecting successful efforts towards profitable growth.
Record Revenue and Growth
Record revenue of $83 million was reported, reflecting a 38% year-over-year growth, driven by both new and existing customer expansion.
Strong Recurring Revenue Growth
Recurring revenue grew 49%, showcasing the strength and resilience of Nayax's business model.
Increase in Customer Base and Devices
Significant growth in customer base, reaching approximately 91,000 customers, and an increase in managed and connected devices to 1,230,000, representing a 40% year-over-year growth.
Improved Gross Margin and Operating Leverage
Gross margin in Q3 improved to 45.7% from 38.1% last year, demonstrating enhanced profitability through operational efficiencies.
Strategic Partnership with Adyen
Nayax announced a strategic partnership with Adyen, expected to generate substantial savings and expand services to new countries, including Brazil, Singapore, and Malaysia.
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NYAX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NYAX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $29.09 | $26.23 | -9.83% |
| Aug 07, 2024 | $21.02 | $22.30 | +6.09% |
| May 15, 2024 | $30.02 | $27.94 | -6.93% |
| Feb 28, 2024 | $29.10 | $28.05 | -3.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nayax Ltd. (NYAX) report earnings?
Nayax Ltd. (NYAX) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Nayax Ltd. (NYAX) earnings time?
Nayax Ltd. (NYAX) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NYAX EPS forecast?
NYAX EPS forecast for the fiscal quarter 2024 (Q4) is 0.03.
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