NASDAQ : NYAX

Nayax Ltd. — Financial statements

Technology · Software - Infrastructure · Israel

Last price 50.28 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.88B

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Financial statements

Nayax Ltd. (NYAX) reported revenue of 453.18M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue453.18M400.43M314.01M235.49M173.51M119.13M
Cost of Revenue236.57M207.47M172.48M147.20M113.48M70.97M
Gross Profit216.61M192.96M141.53M88.29M60.04M48.16M
Selling, General & Admin147.80M121.31M98.20M70.32M64.09M45.38M
Research & Development33.69M29.96M25.37M21.93M22.13M19.04M
Other Operating Expenses1.95M-10.26M2.02M444.00K1.79M1.88M
Operating Expenses198.98M155.18M137.16M99.12M92.28M70.11M
Operating Income17.63M37.79M4.38M-10.83M-32.24M-21.94M
Interest Expense-20.25M-13.61M-8.26M-4.47M-1.49M-1.73M
Interest & Investment Income5.68M6.22M3.11M1.70M2.00K
Earnings From Equity Investments-226.00K-1.27M-1.55M-1.79M-538.00K
Currency Exchange Gain (Loss)4.23M4.23M-2.63M767.00K-1.97M490.00K
Other Non Operating Income (Expenses)171.00K171.00K298.00K-286.00K438.00K-414.00K
EBT Excluding Unusual Items7.46M34.57M-4.38M-14.67M-37.06M-24.14M
Pretax Income7.46M34.57M-4.38M-14.67M-37.06M-24.14M
Income Tax Expense-414.00K-950.00K1.25M1.22M451.00K632.00K
Earnings From Continuing Operations7.87M35.52M-5.63M-15.89M-37.51M-24.77M
Minority Interest in Earnings6.00K
Net Income7.87M35.52M-5.63M-15.89M-37.51M-24.76M
Net Income to Common7.87M35.52M-5.63M-15.89M-37.51M-24.76M
Shares Outstanding (Basic)37.29M36.98M35.76M33.15M32.82M30.19M
Shares Outstanding (Diluted)37.47M37.66M35.76M33.15M32.82M30.19M
EPS (Basic)0.210.96-0.16-0.48-1.14-0.82
EPS (Diluted)0.210.94-0.16-0.48-1.14-0.82
Free Cash Flow20.66M34.96M39.82M8.19M-29.07M-15.44M
Free Cash Flow Per Share0.550.931.110.25-0.89-0.51
Gross Margin47.80%48.19%45.07%37.49%34.60%40.43%
Operating Margin3.89%9.44%1.39%-4.60%-18.58%-18.42%
Profit Margin1.74%8.87%-1.79%-6.75%-21.62%-20.79%
Free Cash Flow Margin4.56%8.73%12.68%3.48%-16.75%-12.96%
EBITDA34.01M52.52M16.85M-5.89M-28.66M-19.10M
EBITDA Margin7.51%13.12%5.37%-2.50%-16.51%-16.03%
D&A For EBITDA16.38M14.74M12.48M4.94M3.59M2.84M
EBIT17.63M37.79M4.38M-10.83M-32.24M-21.94M
EBIT Margin3.89%9.44%1.39%-4.60%-18.58%-18.42%
Advertising Expenses5.25M3.12M2.19M2.60M1.61M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents302.83M319.54M83.13M38.39M33.88M87.33M
Short-Term Investments1.24M1.17M9.33M1.27M83.00K48.00K
Cash & Short-Term Investments304.07M320.71M92.46M39.66M33.96M87.38M
Accounts Receivable113.30M103.97M55.69M41.30M27.41M19.34M
Other Receivables58.24M47.87M45.07M43.26M25.38M14.39M
Receivables171.54M151.84M100.77M84.56M52.79M33.73M
Inventory30.09M28.59M19.77M20.56M23.81M7.69M
Restricted Cash129.91M91.97M60.30M49.86M34.12M23.70M
Other Current Assets47.08M27.06M14.37M8.77M5.78M3.55M
Total Current Assets682.68M620.16M287.66M203.41M150.46M156.05M
Property, Plant & Equipment31.47M29.27M17.40M10.83M14.05M11.50M
Long-Term Investments215.00K211.00K5.91M7.33M7.92M9.40M
Goodwill64.37M19.26M12.87M10.20M8.27M
Other Intangible Assets201.05M50.93M40.98M40.58M13.32M8.78M
Long-Term Deferred Tax Assets4.86M3.90M
Long-Term Deferred Charges75.19M57.43M42.96M31.60M20.75M
Other Long-Term Assets8.80M8.60M4.25M5.88M2.95M1.25M
Total Assets929.08M852.64M432.89M323.86M230.49M216.01M
Accounts Payable27.46M29.37M21.06M17.46M14.57M9.14M
Short-Term Debt25.28M47.48M7.68M
Current Portion of Long-Term Debt3.22M3.22M3.98M1.10M5.18M6.01M
Current Portion of Leases3.46M3.47M2.97M2.15M2.21M1.50M
Other Current Liabilities287.63M238.35M166.20M135.59M80.56M53.54M
Total Current Liabilities321.77M274.42M219.48M203.78M110.21M70.19M
Long-Term Debt345.91M324.53M18.61M327.00K8.51M7.06M
Long-Term Leases5.84M6.40M4.08M4.15M5.94M5.39M
Pension & Post-Retirement Benefits427.00K403.00K602.00K
Long-Term Deferred Tax Liabilities6.56M6.95M4.27M3.11M793.00K1.09M
Other Long-Term Liabilities3.63M9.33M21.21M14.48M
Total Liabilities683.70M621.62M267.65M226.27M125.85M84.33M
Common Stock9.00K9.00K9.00K8.00K8.00K8.00K
Additional Paid-In Capital245.82M242.76M220.72M153.52M151.41M150.37M
Retained Earnings-11.95M-19.64M-63.31M-65.58M-56.55M-28.70M
Comprehensive Income & Other11.50M7.88M7.83M9.64M9.77M10.00M
Total Common Equity245.38M231.01M165.25M97.59M104.64M131.68M
Shareholders' Equity245.38M231.01M165.25M97.59M104.64M131.68M
Total Liabilities & Equity929.08M852.64M432.89M323.86M230.49M216.01M
Total Debt358.42M337.62M54.90M55.20M29.52M19.96M
Net Cash (Debt)-54.36M-16.92M37.55M-15.54M4.45M67.42M
Net Cash Per Share-1.45-0.451.05-0.470.142.23
Filing Date Shares Outstanding37.58M37.30M36.61M33.33M32.96M32.75M
Total Common Shares Outstanding37.58M37.30M36.61M33.33M32.96M32.75M
Working Capital360.92M345.75M68.18M-373.00K40.25M85.86M
Book Value Per Share6.536.194.512.933.174.02
Tangible Book Value44.33M115.71M105.01M44.14M81.12M114.63M
Tangible Book Value Per Share1.183.102.871.322.463.50
Machinery22.15M18.22M16.66M15.97M6.79M
Leasehold Improvements4.52M4.05M3.97M3.96M3.64M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income7.87M35.52M-5.63M-15.89M-37.51M-24.76M
Depreciation & Amortization19.17M17.53M14.94M7.12M5.39M3.96M
Other Amortization9.33M7.96M6.43M5.39M3.64M3.24M
Loss (Gain) on Equity Investments226.00K1.27M1.55M1.79M538.00K
Stock-Based Compensation17.66M7.30M7.19M6.03M8.75M8.85M
Other Operating Activities-4.30M-15.63M8.18M633.00K4.40M594.00K
Change in Accounts Receivable-36.79M-31.73M-10.68M-12.49M-8.27M-5.14M
Change in Inventory-3.71M-4.97M2.07M3.24M-12.59M-2.63M
Change in Accounts Payable9.53M3.95M3.36M1.19M4.52M-3.77M
Change in Other Net Operating Assets9.62M20.13M15.78M12.02M2.34M6.32M
Operating Cash Flow28.37M40.29M42.90M8.80M-27.55M-12.81M
Capital Expenditures-7.71M-5.33M-3.08M-611.00K-1.52M-2.64M
Cash Acquisitions-24.34M-39.89M-14.93M-18.33M-4.06M-6.92M
Sale (Purchase) of Intangibles-27.44M-22.77M-21.89M-15.95M-13.71M-6.06M
Investment in Securities430.00K4.71M-8.23M-2.35M-7.34M-7.25M
Other Investing Activities-9.85M-15.46M2.24M406.00K76.00K221.00K
Investing Cash Flow-68.92M-78.74M-45.91M-36.83M-26.54M-22.64M
Short-Term Debt Issued39.13M5.87M8.90M
Long-Term Debt Issued306.84M22.84M6.91M
Total Debt Issued173.90M306.84M22.84M39.13M12.78M8.90M
Short-Term Debt Repaid-26.00M-23.32M-20.29M
Long-Term Debt Repaid-11.74M-9.67M-6.81M-6.71M-5.55M
Lease Payments-3.54M-3.05M-2.65M-2.18M-1.85M-1.41M
Total Debt Repaid-6.76M-37.74M-32.98M-6.81M-6.71M-25.84M
Net Debt Issued (Repaid)167.14M269.10M-10.15M32.33M6.07M-16.95M
Issuance of Common Stock5.42M4.95M66.64M2.18M1.15M133.28M
Other Financing Activities-15.79M-8.22M-5.65M-2.96M-1.02M-2.19M
Financing Cash Flow156.76M265.82M50.84M31.55M6.21M114.14M
Foreign Exchange Rate Adjustments14.34M9.04M-3.10M988.00K-5.57M442.00K
Net Cash Flow130.56M236.41M44.74M4.51M-53.45M79.14M
Free Cash Flow20.66M34.96M39.82M8.19M-29.07M-15.44M
Free Cash Flow Margin4.56%8.73%12.68%3.48%-16.75%-12.96%
Free Cash Flow Per Share0.550.931.110.25-0.89-0.51
Levered Free Cash Flow-36.98M-3.98M3.90M3.07M-33.90M-10.88M
Unlevered Free Cash Flow-24.32M4.53M9.07M5.87M-32.97M-9.79M
Free Cash Flow After Leases17.12M31.91M37.17M6.00M-30.92M-16.85M
Cash Interest Paid15.79M7.22M4.55M2.65M504.00K630.00K
Change in Working Capital-21.35M-12.62M10.52M3.96M-14.00M-5.22M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization1.83B1.87B1.06B645.55M621.33M1.18B
Enterprise Value1.88B1.85B1.03B647.41M606.87M1.09B
Last Close Price48.0150.6029.1619.0519.70
PE Ratio244.7652.56
PS Ratio3.994.663.392.743.589.88
PB Ratio7.368.086.446.625.948.94
P/TBV Ratio40.7416.1310.1314.627.6610.27
P/FCF Ratio87.4353.3926.7378.85
P/OCF Ratio63.6646.3324.8173.37
EV/Sales Ratio4.104.633.282.753.509.12
EV/EBITDA Ratio54.6235.3261.12
EV/EBIT Ratio105.3549.09235.44
EV/FCF Ratio89.9253.0625.8779.08
Debt / Equity Ratio1.461.460.330.570.280.15
Debt / EBITDA Ratio9.746.102.84
Debt / FCF Ratio17.359.661.386.74
Net Debt / Equity Ratio0.220.07-0.230.16-0.04-0.51
Net Debt / EBITDA Ratio1.600.32-2.23-2.640.153.53
Net Debt / FCF Ratio2.630.48-0.941.900.154.37
Asset Turnover0.580.620.830.850.780.77
Inventory Turnover8.888.588.556.637.2111.15
Quick Ratio1.481.720.880.610.791.73
Current Ratio2.122.261.311.001.362.22
Return on Equity (ROE)3.52%17.93%-4.29%-15.71%-31.75%-34.36%
Return on Assets (ROA)1.41%3.67%0.72%-2.44%-9.03%-8.88%
Return on Capital Employed (ROCE)2.90%6.50%2.00%-9.00%-26.80%-15.00%
Earnings Yield0.41%1.90%-0.53%-2.46%-6.04%-2.10%
FCF Yield1.14%1.87%3.74%1.27%-4.68%-1.31%
Buyback Yield / Dilution-0.92%-5.29%-7.88%-1.01%-8.70%-21.53%