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Revenue Rises on Expanding Customer Base
Global payments company Nayax (Nasdaq: NYAX) reported a strong second quarter for 2025, with results reflecting steady demand for its solutions and continued expansion among both new and existing customers. Revenue climbed 22% year over year to $95.6 million, compared with $78.1 million in the same period last year.
The company attributed the growth to broad adoption of its payment services and technology, which are increasingly relevant in industries moving away from cash. Customer expansion was a key driver, reinforcing Nayax’s position in the global payments sector.
Recurring Revenue Gains Momentum
Recurring revenue remained a central part of the company’s business model. Income from software-as-a-service (SaaS) and payment processing fees increased 32% to $70.7 million. This stream represented 74% of total revenue in the quarter.
The rising share of recurring revenue points to greater predictability in Nayax’s earnings, an important factor for a fintech company operating in a competitive space. With clients adopting its SaaS offerings and transaction-based services, the firm continues to build long-term relationships while securing stable income growth.
Profitability Supported by One-Time Gain
Nayax reported operating profit of $9.5 million for the quarter. The figure included a one-time gain of $5.6 million, largely the result of the purchase of the remaining 51% stake in Nayax Capital.
Previously managed as a joint venture, Nayax Capital is an embedded financing solution designed to support operators. Full ownership consolidates the service into the company’s wider ecosystem, potentially creating stronger alignment with its payments and customer engagement tools.
CEO Points to Execution and Market Momentum
Chief Executive Officer Yair Nechmad highlighted the company’s progress, noting that the quarter reflected successful execution of strategic plans. According to Nechmad, the results showed profitable revenue growth, higher demand across global markets, and an expanding footprint of installed solutions.
He emphasized that total addressable market potential remains significant, citing the worldwide shift from cash to digital payments as a driver for future opportunities. Nechmad also pointed to the second half of 2025 as a period of expected acceleration, led by enterprise hardware sales.
Emerging areas of focus include electric vehicle chargers, smart coolers, and family entertainment centers, sectors where cashless transactions are gaining relevance.
Guidance for 2025 Reaffirmed
Alongside the quarterly update, Nayax reaffirmed its full-year guidance for 2025. The decision signals management’s confidence in sustaining growth despite competitive pressures and broader economic considerations.
By keeping guidance unchanged, the company indicates that it expects demand trends and strategic investments to hold steady for the remainder of the year.
Global Expansion Remains a Core Strategy
Nayax has consistently underlined its international reach as a strength. The company’s expansion into new regions has been instrumental in building recurring revenue and broadening its customer base.
As businesses continue adopting digital payment systems, Nayax is positioned to serve operators seeking reliable, scalable solutions. With clients across retail, unattended machines, and mobility services, the company remains active in diversifying its portfolio while maintaining focus on transaction growth.
Industry Context: Digital Payments on the Rise
The company’s quarterly performance reflects broader industry trends. Around the world, businesses are transitioning from cash to digital payments, creating opportunities for fintech firms offering integrated solutions.
SaaS platforms that combine payments, customer engagement, and operational tools are gaining relevance, especially in sectors seeking cost efficiency and data-driven insights. Nayax’s financial update suggests it is capturing a share of this demand, supported by recurring revenue streams that underpin financial resilience.
Looking Ahead
With revenue growth, an expanding customer base, and rising recurring income, Nayax closed the second quarter of 2025 on solid footing. The consolidation of Nayax Capital, combined with plans to increase sales in emerging hardware categories, points to ongoing development.
Management’s reaffirmation of annual guidance indicates confidence in both short-term momentum and longer-term strategy. For investors and industry watchers, the second half of 2025 will be key in assessing how the company translates demand in areas like electric vehicle charging into sustained revenue growth.
