NYAX Earnings Prediction
The chart below shows how NYAX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NYAX sees a +0.56% change in stock price 10 days leading up to the earnings, and a -3.26% change 10 days following the report. On the earnings day itself, the stock moves by +0.17%. This data can give you a slight idea of what to expect for the next quarter's release.
NYAX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
83.00M
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Gross Margin
41.85%
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Operating Margin
2.17%
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Net Margin
0.83%
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EPS
0.02
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No Data Available
NYAX Earnings Analysis
Nayax Ltd. Ordinary Shares Corporation (NYAX.O) Earnings Conference Call
Positive
Historic Net Income Achievement: We achieved net income for the first time in the company's history and also maintained positive free cash flow for the period.
Record Adjusted EBITDA Achievement: This quarter, we achieved record adjusted EBITDA of $11.1 million, representing approximately 13% of our total revenue.
Record Revenue Achievement: This quarter, we reached record revenue of $83 million, reflecting a 38% year-over-year growth, driven by both new and existing customer expansion.
Strong Recurring Revenue Growth: Our recurring revenue growth was especially robust, reaching 49% and underscoring the strength of our business model.
Customer Base Expansion: We ended the quarter with approximately 91,000 customers compared to 60,000 in last year's third quarter.
Negative
Record Adjusted EBITDA Achievement: We achieved record adjusted EBITDA of $11.1 million, representing approximately 13% of our total revenue. This achievement underscores our disciplined focus on profitability while driving top line growth.
Record Revenue Achievement: This quarter, we reached record revenue of $83 million, reflecting a 38% year-over-year growth, driven by both new and existing customer expansion.
Strong Recurring Revenue Growth: Our recurring revenue growth was especially robust, reaching 49% and underscoring the strength of our business model.
Hardware Revenue Outlook: However, we now anticipate slightly lower hardware revenue growth for the second half of 2024 due to some new product certification delays, which are expected to be completed by the end of 2024 and early 2025.
2024 Revenue Forecast Adjustment: We are adjusting our fully year 2024 revenue forecast to a range of $315 million to $320 million, representing a 35% year-over-year revenue increase at the midpoint on a constant currency basis.
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NYAX Earning Call Sentiment
Nayax Ltd (NYAX) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NYAX.O
-0.08%Positive
The earnings call highlights strong financial performance with record adjusted EBITDA, first positive net income, and significant revenue growth. The Q&A section reassures on hardware margin sustainability and outlines a promising partnership with Adyen, enhancing operational efficiency. Despite minor certification delays, the company maintains optimistic guidance. The market strategy and shareholder return plan are solid, but slightly conservative revenue guidance adjustment tempers enthusiasm. Overall, the positive indicators outweigh concerns, suggesting a likely stock price increase in the range of 2% to 8% over the next two weeks.
