Nayax Ltd.
NYAX Nasdaq· Services-Prepackaged Software
Last close · Oct 26, 2026
$50.41
KIRA · Stoqly’s AI analyst, in plain words
- Nayax Ltd. had $400M of revenue in fiscal 2025, up 27.5% on the year before. Over five years, revenue changed +38.4% a year on average.
- Its operating margin was 9.4%, up 8.4 pts: of every 100 in sales, about 9 is left after running the business.
- Nayax Ltd. made $35.5M of net profit in fiscal 2025.
- Free cash flow was $35.0M in fiscal 2025, 8.7% of revenue.
- Nayax Ltd. has $5.5M more cash than debt.
Market cap
$1.9B
P/E
53.5x
Revenue
$400M
Net income
$35.5M
Free cash flow
$35.0M
Operating margin
9.4%
Nayax Ltd. in 30 seconds · fiscal 2025
Are sales growing?
+27.5%
Yes. Sales grew 27.5% last year.
Does it make a profit?
8.9%
A little. It keeps 8.9% of every sale as profit.
Does profit turn into cash?
8.7%
Partly. 8.7% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
53.5x
One share costs 53.5 times its yearly profit per share.
What Nayax Ltd. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 9, 2026
- Legal name
- Nayax Ltd.
- CIK
- 0001901279
Nayax Ltd. · NYAX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $119M | $174M | $235M | $314M | $400M |
| Revenue growth | 51.2% | 45.6% | 35.7% | 33.3% | 27.5% |
| Gross margin | 40.4% | 34.6% | 37.5% | 45.1% | 48.2% |
| Operating margin | −18.9% | −19.6% | −5.3% | 1.0% | 9.4% |
| Net income | −$24.8M | −$37.5M | −$15.9M | −$5.6M | $35.5M |
| Net margin | −20.8% | −21.6% | −6.7% | −1.8% | 8.9% |
| Diluted EPS | −$0.82 | −$1.14 | −$0.48 | −$0.16 | $0.94 |
| Cash | |||||
| Cash from operations | −$12.8M | −$27.5M | $8.8M | $42.9M | $40.3M |
| Capital expenditure | $2.6M | $1.5M | $0.6M | $3.1M | $5.3M |
| Free cash flow | −$15.4M | −$29.1M | $8.2M | $39.8M | $35.0M |
| FCF margin | −13.0% | −16.8% | 3.5% | 12.7% | 8.7% |
| Share count change | −28.9% | 5.2% | 767.1% | 7.9% | 5.3% |
| Debt and strength | |||||
| Cash and short-term investments | $87.3M | $33.9M | $38.4M | $83.1M | $320M |
| Debt incl. finance leases | $0.0M | $7.7M | $47.5M | $25.3M | $314M |
| Shareholders' equity | $132M | $105M | $97.6M | $165M | $231M |
| Net debt / EBITDA | — | — | — | −5.5x | −0.1x |
| Current ratio | 2.2x | 1.4x | 1.0x | 1.3x | 2.3x |
| Interest coverage | −13.6x | −9.8x | −2.6x | 0.3x | 2.7x |
| Returns and quality | |||||
| Return on capital | −40.1% | −34.3% | −9.2% | 2.3% | 16.7% |
| Return on equity | −34.4% | −31.7% | −15.7% | −4.3% | 17.9% |
| Return on tangible equity | −18.8% | −35.8% | −16.3% | −3.4% | 15.4% |
| Piotroski F-score | — | 2 | 4 | 6 | 6 |
| Altman Z'' | 3.1 | 0.2 | −0.5 | 1.3 | 3.3 |
Insiders bought, 12 months
$9.0M
2 insiders
Insiders sold, 12 months
$3.9M
11 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Nayax Ltd. · NYAX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $50.41 a share, the company is worth $1.9B: 53.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001901279). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.