Nayax provides Q4 and FY 2022 preliminary revenue and KPI data
Source Nayax
Nayax Ltd., a global commerce enablement and payments platform designed to enable retailers to provide consumers with digital, cashless, connected commerce experiences, and enhance consumer loyalty and conversion, announced it will release its Q4 and fiscal year 2022 financial results on March 1, 2023.
“Nayax’s fourth quarter results capped off an outstanding fiscal year 2022, with broad-based growth driven by the team’s focused execution of our top strategic growth initiatives, particularly capturing greenfield opportunities in the unattended market, deepening our existing customer relationships, while significantly expanding new customers and growing our market presence internationally," Yair Nechmad, chief executive officer and chairman of the board, said in the announcement. “Highlights of our fourth quarter results include preliminary revenue growth of 48% over the prior year quarter along with transaction processing volume growth of 53% for the period. We are also pleased with our full-year 2022 preliminary revenue of $174 million, reflecting growth of 46% over the prior year and recurring revenue ending the year at 60% of our total revenue. We believe these results demonstrate the resiliency of our business model and position us well to achieve our growth aspirations and our goal toward profitability.”
Q4 revenue is expected to be between $50.5 million to $51.5 million, and full year of 2022 is expected to be between $173 million to $174 million. For all Q4 2022 and full year 2022 revenue calculations, the mid-point of the preliminary revenue range was taken, representing $51.0 million in the total revenues for Q4 2022 and $173.5 in total revenues for full year 2022.
The number of managed and connected devices was approximately 725,000, an increase of 40% over Q4 2021.
The number of customers grew to approximately 47,000, an increase of 57% over Q4 2021.
The number of processed transactions during Q4 2022 was approximately 378 million, an increase of 53% over Q4 2021. Total year processed transactions were 1,304 million, an increase of 64% over 2021.
