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Nayax Provides Q4 And FY 2022 Preliminary Revenue And KPI Data; Sees Q4 Revenue Of $50.5M-$51.5M.; Sees FY22 Revenue Of $173M-174M

Benzinga Real-time News ·  Jan 24, 2023 08:44

Nayax Ltd. (Nasdaq & TASE: NYAX), a global commerce enablement and payments platform designed to enable retailers to provide consumers with digital, cashless, connected commerce experiences, and enhance consumer loyalty and conversion, today announced that it will release its Q4 and fiscal year 2022 financial results on Wednesday, March 1, 2023. Details of the calls can be found below.

"Nayax's fourth quarter results capped off an outstanding fiscal year 2022, with broad-based growth driven by the team's focused execution of our top strategic growth initiatives, particularly capturing greenfield opportunities in the unattended market, deepening our existing customer relationships, while significantly expanding new customers and growing our market presence internationally " said Yair Nechmad, Chief Executive Officer and Chairman of the Board. "Highlights of our fourth quarter results include preliminary revenue growth of 48% over the prior year quarter along with transaction processing volume growth of 53% for the period. We are also pleased with our full-year 2022 preliminary revenue of $174 million, reflecting growth of 46% over the prior year and recurring revenue ending the year at 60% of our total revenue. We believe these results demonstrate the resiliency of our business model and position us well to achieve our growth aspirations and our goal toward profitability."

  • Q4 revenue is expected to be between $50.5 million to $51.5 million and full year of 2022 is expected to be between $173 million to $174 million. For all Q4 2022 and full year 2022 revenue calculations, the mid-point of the preliminary revenue range was taken, representing $51.0 million in the total revenues for Q4 2022 and $173.5 in total revenues for full year 2022.
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