Nayax Ltd. · TASE:NYAX
Nayax — Q2 2026 Earnings Presentation
32 slides from Nayax's earnings presentation, Aug 10, 2026
Slide 1: Second Quarter 2026 Results
Second Quarter 2026 Results August 10, 2026 1
Slide 2: Important Disclosure
Important Disclosure Forward-looking statements, risk factors, and non-GAAP financial measures referenced in this presentation • This presentation is intended to provide general information only and is not, and should not be considered, as an offer • In addition, the presentation includes data publi
Slide 3: Today’s Presenters
Today’s Presenters Yair Nechmad Sagit Manor Aaron Greenberg CEO & Co-Founder CFO CSO 3
Slide 4: Global Platform - Multiple Verticals
Global Platform - Multiple Verticals Nayax provides payments, software, and consumer engagement solutions across a wide range of automated retail verticals Vending Fueling Self-Service Kiosks Car Wash & Air Vac Restaurants Massage Chair Parking EV Charging Micro Markets Laundromats Amusement Food &
Slide 5: Company Overview: Q2 2026 Global Presence
Company Overview: Q2 2026 Global Presence Revenue Recurring revenue USA Canada UK Germany Israel Australia China Japan South Brazil New Netherlands Lithuania Q2 25: $95.6M ▲28% Q2 25: $70.7M ▲24% Africa Zealand $122.6M $87.7M Gross Margin Adj. EBITDA (1) Q2 25: 48.3% ▼1.4pp Q2 25: $12.6M ▲12% 46.9%
Slide 6: Recent Business Highlights
Recent Business Highlights Filed to establish Nayax America Bank Inc. under Connecticut's Innovation Bank Charter framework. Once chartered, it would enable corporate cards, controlled-spend programs, and working-capital solutions directly on the platform, extending Nayax's owned payment and card-is
Slide 7: What’s Next?
What’s Next? 7
Slide 8: Becoming a Full-Service Financial Platform
Becoming a Full-Service Financial Platform From payments and software operations to financing, issuing and banking, completed by the U.S. bank charter Nayax Adyen Third Party TODAY | Payments and software operations ADDING | Full-service financial platform Financing Corporate Issuing Own Payment Har
Slide 9: Embedded Finance with Yellow Account
Embedded Finance with Yellow Account • The Yellow Account represents Nayax’s strategic expansion into embedded finance, providing small-to-medium businesses with unprecedented access to financial tools. • Delivered via a user-friendly mobile application, merchants will be able to • Receive payouts d
Slide 10: About Nayax America Bank Inc.
About Nayax America Bank Inc. Nayax is pursuing a Connecticut Innovation Bank charter to establish a scalable, regulator-aligned compliance framework, unlocking a suite of merchant-facing financial services designed to expand wallet share with existing Nayax merchants by making Nayax their primary f
Slide 11: Nayax Energy + Lynkwell
Nayax Energy + Lynkwell Nayax Energy and Lynkwell now operate as one EV platform, with global payment infrastructure fused directly into the charging software stack, scaling deployment and winning marquee operators worldwide while running a leaner cost base. Deployment Pace Global Reach One Integrat
Slide 12: Financial Performance & Outlook
Financial Performance & Outlook 12
Slide 13: Q2 2026 Key Highlights
Q2 2026 Key Highlights(1) • Revenue increased 28% to $122.6 million, driven by both new and existing customer expansion Strong growth • Organic revenue (2) growth for the quarter was 21% • Recurring revenue grew 24% to $87.7 million and represented 72% of total revenue • Number of customers increase
Slide 14: Highly Attractive Customer Base And Global Reach
Highly Attractive Customer Base And Global Reach Low Customer Concentration Global Revenue Diversification Israel Top 3, 6% LATAM 5% 6% Top 4-10, 6% Rest of the World Top 11-20, 4% 7% North America 41% Top 21-50, 7% Oceania 8% Q2 2026 Q2 2026 UK All other 11% customers, 77% Europe 22% 14
Slide 15: Rapid and Sustainable Revenue Growth
Rapid and Sustainable Revenue Growth Annual Revenue ($M) Quarterly Revenue ($M) CAGR(1) +35.4% ▲ 400.4 314.0 113.2 235.5 91.7 QoQ +28.2% ▲ 173.5 84.4 119.1 68.7 287.2 122.6 222.3 95.6 48.0 34.9 151.1 24.9 104.8 87.7 71.2 70.7 2021 2022 2023 2024 2025 Q2-2025 Q2-2026 SAAS Revenue and Payment Processi
Slide 16: Processing Revenue Growth & Take Rate
Processing Revenue Growth & Take Rate(1) Primarily driven by higher number of transactions across our installed-base Annual Processing Revenue ($M) Quarterly Processing Revenue ($M) CAGR +47.8% ▲ 174.1 190 .0 3.0 0% 170 .0 2.9 0% 133.8 150 .0 2.8 0% 130 .0 2.7 0% QoQ +25.1% ▲ 92.2 2.73% 2.70% 110 .0
Slide 17: Recurring Revenue Mix drives High Gross Margin
Recurring Revenue Mix drives High Gross Margin Q2 Gross Margin Eases to 46.9% on Product Mix Annual Gross Profit ($M) Quarterly Gross Profit ($M) CAGR +41.5% ▲ 60. 0 50. 0 48.3% 46.9% 50. 0% 45. 0% 48.2% 40. 0 30. 0 20. 0 40. 0% 35. 0% 30. 0% 10. 0 25. 0% 45.1% - 20. 0% 193.0 200 .0 40.4% 45. 0% 37.
Slide 18: Cost Base Under Control as We Scale
Cost Base Under Control as We Scale Disciplined investment without slowing the growth engine 160 .0 Annual Adjusted OPEX(1) ($M) 50% Quarterly Adjusted OPEX(1) ($M) 140 .0 133.6 45% 44% 120 .0 42% 107.4 40% 100 .0 80.7 73.2 36% 36% 80. 0 35% 34% 34% 60. 0 52.2 33% 30% 44.2 34.0 40. 0 50. 0 40% 45. 0
Slide 19: Earnings Growth Holds Through FX Headwinds
Earnings Growth Holds Through FX Headwinds Margin held broadly flat as currency moves offset operational gains Annual Adj EBITDA(1) ($M) Quarterly Adj EBITDA(1) ($M) YoY(2) +72.1% ▲ QoQ +12.0% ▲ 15% 70. 0 20% 60. 0 61.1 15% 13% 12% 50. 0 11% 40. 0 35.5 10% 30. 0 14.1 3% 5% 14. 5 14. 0 14% 13% 20. 0
Slide 20: 2026 Outlook
2026 Outlook (1) Continued growth & profitability expansion Metric FY 2026 Guidance Assumptions Revenue $510m - $520m • Revenue guidance is inclusive of organic revenue growth of 22% to 25% • Expected further improvement in profitability Organic Revenue (2) 22%-25% with adjusted EBITDA margin of aro
Slide 21: Mid-term Outlook
Mid-term Outlook (1) Revenue $1bn 2028 framework, includes $1 billion in revenue, driven by a combination of organic growth and strategic M&A, 50% gross margin, and 30% adjusted EBITDA margin. The increasing share of recurring revenue, the continued growth in ARPU, and the discipline around Gross Ma
Slide 22: Appendix
Appendix 22
Slide 23: Complete end-to-end solutions secure recurring revenue
Complete end-to-end solutions secure recurring revenue Device Revenue Recurring Revenue 1. Hardware 2. SaaS 3. Processing Fee VPOS Touch Onyx VPOS Media Nova Market • SaaS management system for enhanced • Global, localized cashless payment business optimization acceptance for maximized conversion •
Slide 24: Massive Cashless Opportunity
Massive Cashless Opportunity TAM of 45M+ Unattended Machines and Growing Cashless payment volume in unattended retail estimated to significantly increase globally from Growth Driven by Multiple Self-Service Verticals Key Market Drivers 2025 to 2029 2021-2025E 2025E-2029E Cashless Transaction Value b
Slide 25: Advance Strategy for Sustained Long-Term Profitable Growth
Advance Strategy for Sustained Long-Term Profitable Growth Expanding through Win New Large Innovate & Develop Expand Enter Emerging, High- Retain And Grow M&A to new Enterprise and SMB New Solutions Internationally Growth Verticals With Existing Customers markets with new Customers Globally channels
Slide 26: Payment as a Center of Gravity
Payment as a Center of Gravity Global Cashless Payments Acceptance Embedded Financing & Multiple Integrated POS Management Platform Loyalty & Marketing Solutions Banking Unattended POS POS & Registers Automated Self Service Energy & Mobility Hospitality & Retail Fuel Multiple unattended retail Compl
Slide 27: Our Differentiated Go-To-Market Strategy
Our Differentiated Go-To-Market Strategy Resellers Global Offices 1,195 Enterprise > 3k* 13 Online Distributors eShops SMB 26-3,000* 14 80+ Financial Global OEM Partners Nano Partners 1-25* 50 3,500+ *POS devices As of 31st of December 2025 27
Slide 28: IFRS to Non-IFRS Reconciliation
IFRS to Non-IFRS Reconciliation Quarter ended (U.S. dollars in thousands) Jun 30, 2026 Jun 30, 2025 Net income/(loss) for the period (10,117) 11,652 Finance expense, net 1,799 (2,468) Income tax expense 1,668 333 Depreciation and amortization 7,572 6,014 EBITDA 922 15,531 Share-based payment costs
Slide 29: IFRS to Non-IFRS Reconciliation
IFRS to Non-IFRS Reconciliation Quarter ended (U.S. dollars in thousands) Jun 30, 2026 Jun 30, 2025 Net income/(loss) for the period (10,117) 11,652 Share-based payment costs 12,395 2,512 Employment benefit cost(1) 319 188 Other (income) expense(2) 493 (5,621) Amortization of acquired intangibles(3
Slide 30: IFRS to Non-IFRS Reconciliation
IFRS to Non-IFRS Reconciliation Quarter ended (U.S. dollars in thousands) Jun 30, 2026 Jun 30, 2025 Operating Cash (1,259) 12,946 Capitalized development costs (9,370) (6,262) Acquisition of property and equipment (2,487) (1,110) Free Cash Flow (13,116) 5,574 Quarter ended (U.S. dollars in thousand
Slide 31: Key Definitions
Key Definitions Managed & Connected Existing Customer Expansion Dollar-based End Customers net retention rate Customers that contributed to Nayax Devices Revenue generated within a given revenue in the last 12 months. Devices that are operated by our cohort over the years presented. Each Measured as
Slide 32: Thank You!
Today’s Speakers Thank You! IR Contact Full Name Website Full Name Aaron Greenberg Position Position ir.nayax.com Chief Strategy Officer ir@nayax.com 32