Nayax Ltd. · TASE:NYAX
Nayax — Q2 2025 Earnings Presentation
27 slides from Nayax's earnings presentation, Aug 13, 2025
Slide 1: Second Quarter 2025 Earnings Supplement
Second Quarter 2025 Earnings Supplement August 13, 2025 1
Slide 2: Important Disclosure
Important Disclosure • 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 published by various bodies, and data provided to the Company in the framework to purchase or sell the Company’
Slide 3: Today's Presenters
Today’s Presenters Yair Nechmad Sagit Manor CEO & Co-Founder CFO 3
Slide 4: Our Mission
Our Mission Simplifying commerce and payments for retailers, driving growth while optimizing operations and enhancing consumer engagement Massage Chair Micro Markets Vending Car Wash & Air Vac Self-Service Kiosks Restaurants Parking EV Energy Amusement Laundromats Kiddie Rides Food Trucks 4
Slide 5: Q2 2025 Highlights
Q2 2025 Highlights 5
Slide 6: Company Overview Q2 2025
12 Global Offices Company Overview Q2 2025 Revenue Recurring revenue USA Canada UK Germany Israel Australia China Japan South Brazil New Netherlands Africa Zealand Q2 24: $78.1M ▲22% Q2 24: $53.4M ▲32% $95.6M $70.7M Gross Margin Adj. EBITDA (2) Q2 24: 44.3% ▲4.0% Q2 24: $8.1M ▲56% 48.3% $12.6M Trans
Slide 7: Q2 2025 Key Highlights
Q2 2025 Key Highlights1 • Revenue increased 22% to $95.6 million, driven by both new and existing customer expansion Strong growth • Recurring revenue grew 32% to $70.7 million and represented 74% of total revenue • Number of customers increased 24% to nearly 105k • Total transaction value increased
Slide 8: Key Developments and Customer Success Stories
Key Developments and Customer Success Stories Announced a strategic partnership with Autel Energy, a leading global provider of EV charging solutions, to embed Nayax’s payment technology into approximately 100,000 Autel chargers across North America and Europe by the end of 2026. Autel, one of the f
Slide 9: Highly Attractive Customer Base And Global Reach
Highly Attractive Customer Base And Global Reach Low Customer Concentration Global Revenue Diversification Israel Rest of the 6% 7% World 6% 6% North LATAM 5% America 7% 38% Top 3 8% Top 4-10 Oceania 9% Q2 2025 Top 11-20 Q2 2025 Top 21-50 Nano UK 74% 12% Europe 22% 9
Slide 10: Rapid and Sustainable Revenue Growth
Rapid and Sustainable Revenue Growth Annual Revenue ($M) Quarterly Revenue ($M) CAGR(1) +38.1% ▲ QoQ +22.4% ▲ 410-425(2) 95.6 314.0 (315.2(2)) 78.1 24.9 235.5 91.7 24.7 173.5 84.4 119.1 68.7 70.7 48.0 222.3 53.4 151.1 71.1 104.8 2021 2022 2023 2024 2025 Guidance Q2-2024 Q2-2025 SAAS Revenue and Paym
Slide 11: Processing Revenue & Take Rate
Processing Revenue & Take Rate(1) Annual Processing Revenue ($M) Quarterly Processing Revenue ($M) CAGR +54.2% ▲ QoQ +34.7% ▲ 160 .0 133.8 2.7 5% 50. 0 43.1 5.0 0% 45. 0 140 .0 2.7 0% 2.73%(2) 40. 0 4.0 0% 120 .0 2.6 5% 32.0 92.2 35. 0 100 .0 30. 0 3.0 0% 2.6 0% 59.5 2.53% 80. 0 25. 0 60. 0 2.5 5% 2
Slide 12: Continued Gross Profit Expansion
Continued Gross Profit Expansion Annual Gross Profit ($M) Quarterly Gross Profit ($M) CAGR +43.2% ▲ QoQ +33.5% ▲ 48.3% 45.1% 60. 0 160 .0 48. 0% 40.4% 141.5 50. 0% 140 .0 37.5% 50. 0 44.3% 46.2 46. 0% 34.6% 27.6 40. 0% 44. 0% 8.8 120 .0 100 .0 88.3 40. 0 34.6 42. 0% 7.1 30. 0% 40. 0% 80. 0 60.0 16.0
Slide 13: Disciplined Cost Management Reflected in Adjusted OPEX Margin
Disciplined Cost Management Reflected in Adjusted OPEX Margin Annual Adjusted OPEX(1) ($M) Quarterly Adjusted OPEX(1) ($M) 120 .0 44% 108 50% 34.3% 35.6% 100 .0 42% 45% 45. 0 35% 34.0 40. 0 81 40% 73 30% 35. 0 80. 0 35% 30. 0 26.8 34% 25% 60. 0 52 34% 30% 25. 0 20% 20. 0 25% 40. 0 15. 0 15% 20% 10.
Slide 14: Improving Profitability from Operating Leverage
Improving Profitability from Operating Leverage Annual Operating Profit(1) ($M) Quarterly Operating Profit(1) ($M) YoY(2) +125% ▲ QoQ +955% ▲ 3.1 10. 0 9.5 12% 9.0 1% 5.0 5% 10% 8.0 10% - 0% 7.0 2021 2022 2023 2024 8% (5.0) -5% 6.0 (10.0) -5% -10% 5.0 6% (12.4) (15.0) -15% 4.0 -19% 4% (20.0) -20% 3.
Slide 15: Efficiently Scaling the Business & Driving Margin Expansion
Efficiently Scaling the Business & Driving Margin Expansion Annual Adj EBITDA(1) ($M) Quarterly Adj EBITDA(1) ($M) YoY(2) +332.9% ▲ QoQ +56% ▲ 80. 0 20% 70. 0 65-70 12.6 15% ~16% 60. 0 14. 0 14% 50. 0 35.5 13% 12. 0 12% 10% 40. 0 8.1 10. 0 10% 30. 0 11% 5% 8.0 8% 8.2 20. 0 10. 0 0% 6.0 10% 6% - 3% 4
Slide 16: 2025 Outlook
2025 Outlook(1) Metric FY 2025 Guidance Assumptions • Revenue is projected on a constant currency Revenue $410m - $425m basis • Customer demand continues to be strong Organic Revenue At least 25% • Assumes no material changes in macroeconomic conditions Adjusted EBITDA(2) $65m - $70m At least 50% f
Slide 17: 2028 Outlook
2028 Outlook(1) 2028 Outlook Guidance Assumptions Reaffirming 2028 outlook of 35% annual growth, • Assumes no material changes Revenue Growth driven by organic growth initiatives and strategic in macroeconomic conditions M&A Target of 50% • Strong 2028 growth drivers with Gross Margin Main drivers:
Slide 18: Appendix
Appendix 18
Slide 19: Complete End-To-End Solution Locks in Customers
Complete End-To-End Solution Locks in Customers to Secure Solid 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
Slide 20: Large Underpenetrated Core Market
Large Underpenetrated Core Market with Long Runway for Increased Acceptance of Cashless Cashless payment volume in unattended retail Growth is expected to be fueled by emerging estimated to significantly increase globally from verticals such as ticketing, amusements, Commentary 2025 to 2029 laundrom
Slide 21: 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 22: Driving Growth with One Complete Solution for all Retailers
Driving Growth with One Complete Solution for all Retailers Global Cashless Loyalty & Marketing Multiple Integrated POS Management Platform Financing & Banking Payments Acceptance Solutions VPOS Touch Nova Market Automated Self Service Energy & Mobility Hospitality & Retail Multiple unattended retai
Slide 23: Our Differentiated Go-To-Market Strategy
Our Differentiated Go-To-Market Strategy Resellers Global Offices 892 Enterprise > 3k* 12 Online eShops Distributors SMB 26-3,000* 10 80+ Financial Global OEM Partners Nano Partners 1-25* 50 2,400+ *POS devices As of 31st of March 2025 23
Slide 24: IFRS to Non-IFRS Reconciliation
IFRS to Non-IFRS Reconciliation Quarter ended (U.S. dollars in thousands) Jun 30, 2025 Jun 30, 2024 Net income/(loss) for the period 11,652 (3,013) Finance expense, net (2,468) 3,601 Income tax expense (benefit) 333 321 Depreciation and amortization 6,014 5,043 EBITDA 15,531 5,952 Share-based payme
Slide 25: IFRS to Non-IFRS Reconciliation
IFRS to Non-IFRS Reconciliation Quarter ended (U.S. dollars in thousands) Jun 30, 2025 Jun 30, 2024 Operating Cash 12,946 9,190 Capitalized development costs (6,262) (5,417) Acquisition of property and equipment (1,110) (849) Free Cash Flow 5,574 2,924 Quarter ended (U.S. dollars in thousands) Jun
Slide 26: Key Definitions
Key Definitions Managed & Connected End Customers Recurring Revenue Free Cash Flow Devices Customers that contributed to Nayax SAAS revenue and payment processing Net cash provided from operating Devices that are operated by our revenue in the last 12 months. fees. activities minus capitalized devel
Slide 27: Thank You!
Today’s Speakers Thank You! IR Contact Full Name Website Full Name Aaron Greenberg Position ir.nayax.com Position Chief Strategy Officer ir@nayax.com 27