Nayax Ltd. logo NYAX - Nayax Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $73.08 DETAILS
HIGH: $86.00
LOW: $68.00
MEDIAN: $69.15
CONSENSUS: $73.08
UPSIDE: 48.21%
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Revenue
Revenue 433.5 314.0 235.5 173.5 119.1 78.8 63.6 48.7
Cost of Revenue 239.9 172.5 147.2 113.5 71.0 41.6 37.1 27.4
Gross Profit 193.5 141.5 88.3 60.0 48.2 37.2 26.6 21.3
Operating Expenses
R&D Expenses 32.4 25.4 28.4 22.1 19.0 9.3 7.3 4.8
SG&A Expenses 131.3 78.0 70.3 64.1 38.0 21.8 16.4 11.5
Other Expenses 0 35.0 2.0 7.9 13.7 8.3 6.0 3.6
Operating Expenses 163.7 138.4 100.7 94.1 70.6 39.4 29.6 19.9
Operating Income
Operating Income 29.8 3.1 (12.4) (34.0) (22.5) (2.2) (3.1) 1.3
Interest Expense 14.8 8.4 2.8 1.4 1.8 1.9 1.3 1.3
Interest Income 11.6 3.2 0.1 0 0.0 0.0 0.0 0
Profitability
EBITDA 79.8 23.7 2.1 (23.2) (15.5) 1.3 0.3 0.4
EBIT 52.2 2.3 (10.4) (32.2) (22.7) (4.7) (4.5) (2.6)
Income Before Tax 37.4 (4.4) (14.7) (37.1) (24.1) (6.1) (5.6) (3.7)
Income Tax Expense (1.0) 1.2 1.2 0.5 0.6 (0.0) (0.1) (0.0)
Net Income 38.4 (5.6) (15.9) (37.5) (24.8) (6.3) (5.3) (3.7)
Per Share Data
EPS (Basic) 1.04 -0.16 -0.48 -1.14 -0.82 -0.19 -0.17 -0.11
EPS (Diluted) 1.02 -0.16 -0.48 -1.14 -0.82 -0.19 -0.16 -0.11
Shares Outstanding 37.0 35.8 33.1 32.8 30.2 31.7 31.7 32.5
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 411.6 83.1 38.4 33.9 87.3 8.2 4.4
Short-Term Investments 1.2 9.3 1.3 0.1 0.0 0.1 0
Net Receivables 151.9 100.8 83.9 27.4 19.3 13.8 24.6
Inventory 28.6 19.8 20.6 23.8 7.7 5.0 4.5
Other Current Assets 27.1 74.7 58.6 65.3 41.6 27.1 6.2
Total Current Assets 620.3 287.7 203.4 150.5 156.0 54.5 40.2
Non-Current Assets
Property, Plant & Equipment 29.3 17.4 10.8 14.0 11.5 9.8 7.8
Goodwill 64.4 19.3 12.9 10.2 8.3 3.5 1.4
Intangible Assets 126.1 98.4 82.9 44.9 29.5 23.9 19.3
Long-Term Investments 0.2 5.9 7.3 7.9 9.4 0.8 0.6
Other Non-Current Assets 8.6 4.3 5.9 2.9 1.3 0 0.0
Total Non-Current Assets 232.5 145.2 120.5 80.0 60.0 38.2 29.3
Total Assets 852.8 432.9 323.9 230.5 216.0 92.8 69.5
Current Liabilities
Account Payables 210.2 21.1 17.5 14.6 9.1 11.0 7.6
Short-Term Debt 6.7 29.3 54 12.9 6.0 17.3 12.5
Deferred Revenue 0 0 0 0.8 42.8 0.1 23.6
Other Current Liabilities 57.6 1.4 130.2 79.8 10.7 4.2 (2.5)
Total Current Liabilities 274.5 219.5 203.8 110.2 70.2 62.3 45.2
Non-Current Liabilities
Long-Term Debt 324.6 18.6 14.8 8.5 7.1 11.4 1.1
Deferred Tax Liabilities 6.9 4.3 3.1 0.8 1.1 0.5 0.4
Other Non-Current Liabilities 9.3 21.2 0.4 0.4 0.6 (0.5) 1.2
Total Non-Current Liabilities 347.3 48.2 22.5 15.6 14.1 18.0 8.6
Total Liabilities 621.8 267.6 226.3 125.9 84.3 80.3 53.8
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (19.6) (63.3) (65.6) (56.5) (28.7) (13.4) (11.0)
Accumulated Other Comprehensive Income 7.9 7.8 9.6 9.8 10.0 9.2 9.0
Total Stockholders' Equity 231.1 165.2 97.6 104.6 131.7 12.5 14.7
Total Liabilities & Equity 852.8 432.9 323.9 230.5 216.0 92.8 69.5
Debt Metrics
Total Debt 337.7 54.9 75.1 29.5 20.0 35.2 19.5
Net Debt (73.9) (28.2) 36.7 (4.4) (67.4) 27.0 15.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Operating Activities
Net Income 38.4 (5.7) (16.1) (37.5) (24.8) (6.1) (5.5) (3.6)
Depreciation & Amortization 27.6 21.4 12.5 9.0 7.2 5.9 4.8 2.9
Stock-Based Compensation 0 7.2 6.0 8.7 8.8 3.0 1.4 0
Change in Working Capital 20.6 10.5 4.0 (14.0) (5.2) 0.4 (4.0) (3.1)
Other Non-Cash Items (4.2) 10.9 2.7 6.4 0.2 3.4 1.7 5.6
Operating Cash Flow 76.6 42.9 8.8 (27.5) (12.8) 6.5 (1.4) 1.8
Investing Activities
Capital Expenditure (5.8) (25.0) (16.6) (15.2) (8.7) (7.9) (6.7) (4.7)
Acquisitions (43.2) (15.2) (18.3) (4.1) (13.4) (1.3) (0.1) 0
Purchases of Investments (20.0) (8.2) (0.2) (7.3) (0.4) (0.4) (0.4) 0
Sales/Maturities of Investments 12.0 0 0.3 0 0 0.4 0.4 0
Other Investing Activities (10.2) (19.4) (18.0) 0.1 (6.2) 0.6 (1.5) (4.3)
Investing Cash Flow (91.7) (45.9) (36.8) (26.5) (22.6) (8.6) (8.3) (4.9)
Financing Activities
Net Debt Issuance 294.6 (11.2) 32.3 6.1 (5.6) 5.4 (0.7) (6.8)
Stock Repurchased 0 0 0 0 0 (1.1) 0 0
Dividends Paid 0 0 0 0 0 0 0 0
Other Financing Activities (4.4) (0.6) (3.0) (1.0) (12.9) 1.7 4.9 (4.0)
Financing Cash Flow 295.6 50.8 31.6 6.2 114.1 6.0 4.2 6.7
Cash Position
Net Change in Cash 268.2 44.7 4.5 (53.5) 79.1 3.8 (5.6) 3.1
Cash at Beginning 143.4 38.4 33.9 87.3 8.2 4.4 10 6.9
Cash at End 411.6 83.1 38.4 33.9 87.3 8.2 4.4 10
Free Cash Flow 70.8 17.9 (7.8) (42.8) (21.5) (1.4) (8.1) (2.9)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018
Income Statement
Revenue 433.5 314.0 235.5 173.5 119.1 78.8 63.6 48.7
Gross Profit 193.5 141.5 88.3 60.0 48.2 37.2 26.6 21.3
Operating Income 29.8 3.1 (12.4) (34.0) (22.5) (2.2) (3.1) 1.3
Net Income 38.4 (5.6) (15.9) (37.5) (24.8) (6.3) (5.3) (3.7)
EPS (Diluted) 1.02 -0.16 -0.48 -1.14 -0.82 -0.19 -0.16 -0.11
Balance Sheet
Cash & Equivalents 411.6 83.1 38.4 33.9 87.3 8.2 4.4
Total Assets 852.8 432.9 323.9 230.5 216.0 92.8 69.5
Total Debt 337.7 54.9 75.1 29.5 20.0 35.2 19.5
Stockholders' Equity 231.1 165.2 97.6 104.6 131.7 12.5 14.7
Cash Flow
Operating Cash Flow 76.6 42.9 8.8 (27.5) (12.8) 6.5 (1.4) 1.8
Capital Expenditure (5.8) (25.0) (16.6) (15.2) (8.7) (7.9) (6.7) (4.7)
Free Cash Flow 70.8 17.9 (7.8) (42.8) (21.5) (1.4) (8.1) (2.9)