Exhibit 99.1
Nayax Q2 2024 Earnings Presentation Aug 7, 2024
Important Disclosure This presentation is intended to provide general
information only and is not, and should not be considered, as an offer to purchase or sell the Company’s securities, or a proposal to receive such offers. In addition, this presentation is not an offer to the public of the Company’s
securities. By attending or viewing this presentation, each attendee (“Attendee”) agrees that he or she (i) has read this disclaimer, (ii) is bound by the restrictions set out herein, (iii) is permitted, in accordance with all applicable
laws, to receive such information, (iv) is solely responsible for his or her own assessment of the business and financial position of the Company and (v) will conduct his or her own analysis and be solely responsible for forming the
Attendee's view of the potential future performance of the Company’s business. The information in this presentation is provided for convenience only. It does not contain comprehensive information, but merely summary information in a
condensed form. This presentation does not and is not intended to replace a careful inspection of the Company's Financial Statements and other public filings, as reported or will be reported to the Israeli Securities Authority and the
Securities and Exchange Commission (the "Company's Reports"). In case of any inconsistencies between the information provided in this presentation and the Company's Reports, the latter will prevail. The information in this presentation is not
a basis and should not be used as a basis for making any decisions in relation to the Company, including any decision to purchase securities of the Company. Any such decision should be based on the Company's Reports and following the receipt
of appropriate professional advice. The information provided in this presentation is not, and should not be considered to be, a recommendation or an opinion of any kind in relation to an investment in the Company, whether legal, financial,
tax, economic or otherwise. This presentation does not replace the need for a potential investor to collect and analyze further independent information for their due consideration. Every potential investor must obtain their own independent
advice and guidance, in connection with a potential investment in the Company, including tax advice which takes into account the investor’s own tax position. This presentation includes projections, guidance, forecasts, estimates, assessments
and other information pertaining to future events and/or matters, whose materialization is uncertain and is beyond the Company’s control, and which constitute forward looking statements (within the meaning of Section 27A of the Securities Act
of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 5728-1968). Many of the forward-looking statements contained in this presentation can be identified by the use of
forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, expectations and evaluations relating
to the Company’s business targets and strategy, the success of trials and the integration of the Company’s technology in various systems and industries, the advantages of the Company’s existing and future products, timetables regarding
completion of the Company’s developments and the expected commencement of production, sales and distribution of the Company’s products and technology, the Company’s intentions in relation to various industries, the Company’s intentions in
relation to the creation of collaborations and engagements in licensing agreements, production and distribution in various countries, and other statements regarding our intent, belief or current expectations. Forward-looking statements are
based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in
the forward-looking statements due to of various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID-19 pandemic and other global economic trends; changes in
consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment over the world; the availability of qualified personnel and the ability to retain such personnel; changes in
commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of
operations; general economic, political, demographic and business conditions in Israel, including ongoing military conflicts in the region; the success of operating initiatives, including advertising and promotional efforts and new product
and concept development by us and our competitors; factors relating to the acquisition of Retail Pro International ("Retail Pro"), including but not limited to the financing for and payment of the acquisition and our ability to effectively
and efficiently integrate the acquired business into our existing business; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2024 (our “Annual Report"). The preceding
list is not intended to be an exhaustive list of all of our forward-looking statements. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause
our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should
consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements
are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as
of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our
expectations. In addition, the presentation includes data published by various bodies, and data provided to the Company in the framework of cooperation engagements, concerning the industry, competitive position and the markets in which the
Company operates, whose content was not independently verified by the Company, such that the Company is not responsible for the accuracy or completeness of such date or whether the data is up-to-date, and Company takes no responsibility for
any reliance on the data. Management estimates contained in this presentation are derived from publicly available information released by independent industry analysts and other third-party sources, as well as data from the Company's
internal research, and are based on assumptions made by the Company upon reviewing such data, and the Company's experience in, and knowledge of, such industry and markets, which the Company believes to be reasonable. In addition, projections,
assumptions and estimates of the future performance of the industry in which the Company operates and the Company's future performance are necessarily subject to uncertainty and risk due to a variety of factors, including those described
above. These and other factors could cause results to differ materially from those expressed in the estimates made by independent parties and by the Company. Industry publications, research, surveys and studies generally state that the
information they contain has been obtained from sources believed to be reliable, but that the accuracy and completeness of such information is not guaranteed. Forecasts and other forward-looking information obtained from these sources are
subject to the same qualifications and uncertainties as the other forward-looking statements in this presentation. In addition to various operational metrics and financial measures in accordance with accounting principles generally accepted
under International Financial Reporting Standards, or IFRS, this presentation contains Adjusted EBITDA, a non-IFRS financial measure, as a measure to evaluate our past results and future prospects. Please refer to the Appendix for a
definition of Adjusted EBITDA and for a reconciliation of Adjusted EBITDA to net income (loss). Unless noted otherwise, the financial information of the Company included in this presentation for Q4 2023 or any later period includes figures
from Retail Pro. The Company does not provide a reconciliation of forward-looking Adjusted EBITDA to IFRS net income (loss), due to the inherent difficulty in forecasting, and quantifying certain amounts that are necessary for such
reconciliation, in particular, because special items such as, finance expenses and Issuance and acquisition costs, used to calculate projected net income (loss) vary dramatically based on actual events. Therefore, the Company is not able to
forecast on an IFRS basis with reasonable certainty all deductions needed in order to provide an IFRS calculation of projected net income (loss) at this time. The amount of these deductions may be material, and therefore could result in
projected IFRS net income (loss) being materially less than projected Adjusted EBITDA (non-IFRS). The Company does not confirm or undertake that the information appearing in this presentation is complete or accurate. The Company, its
employees, officers and its shareholders will not be responsible for damages and/or losses which may arise as a result of the use of the information contained in this presentation. The Company is not responsible for any changes to the
economic, financial or legal situation relating to the Company and its business. The Company does not undertake to update and/or change forecasts and/or evaluations included in the presentation in order that they will reflect events and/or
circumstances which apply after the date of the presentation’s preparations. No persons have been authorized to make any representations regarding the information contained in this presentation, and if given or made, such representations
should not be considered as authorized. The content of this presentation does not bind the Company or its managers and they have the right to change any item described in the presentation relating to the Company, at their sole
discretion. The Company and its licensors have proprietary rights to trademarks used in this Presentation. Solely for convenience, trademarks and trade names referred to in this Presentation may appear without the “®” or “™” symbols, but the
lack of such references is not intended to indicate, in any way, that the Company will not assert, to the fullest extent possible under applicable law, its rights or the rights of the applicable licensor to these trademarks and trade names.
This Presentation also contains trademarks, trade names and service marks of other companies, which are the property of their respective owners and are used for reference purposes only. Such use of other parties’ trademarks, trade names or
service marks should not be construed to imply, a relationship with, or an endorsement or sponsorship of the Company by any other party.
Today’s Presenters Sagit Manor CFO Yair Nechmad CEO & Co-Founder
Company Overview
Adjusted EBITDA is a non-IFRS financial measure. Please refer to the Appendix
for a definition of Adjusted EBITDA and for a reconciliation of Adjusted EBITDA to the most directly comparable IFRS measure. Nayax (Nasdaq & TASE: NYAX) Q2-24 at a Glance Global offices 11 Recurring Revenue 47% Revenue
churn 2.8% Countries with devices 120+ Payment Methods 80+ Currencies 50+ Transactions value processed $1.2B Jun. 2023: 885M ▲34% 44.3% Dollar-basednet retention rate 130% Global Growth Scale End customers 85k Jun.
2023: 56k ▲52% Managed & connected devices 1.2M Jun. 2023: 824K ▲44% Financials Adj. EBITDA(1) $8.1M Jun. 2023: $1.3M ▲623% Revenue $78M Jun. 2023: $56M ▲39% Gross Margins Jun. 2023: 37.1% Markets with distributors 80+
Retaining & Growing Customers YoY Revenue Churn Rate YoY
Dollar-Based Net Retention Rate(1) Strong Track Record of Winning Customers Low CustomerConcentration Global Reach Bringing a Global Solution to the Local Market Net retention rate based on SaaS revenue and payment processing
fees . Q2 2024 Q2 2024
Omni-Channel Data Analytics / Management Back Office / Operations Multiple
Payment Methods: Schemes, Global Acquirers, Alternative Payment Methods, Digital Wallets Unattended In-store Mobile Reporting Multiple Payment Currencies Loyalty & Consumer
Engagement Consumers Accounting Inventory Analytics Cash flow management Business trend Online Retailers Nayax Solves Multi-Dimensional Challenges Across the Ecosystem
Cashless Payments Integrated POS VPOS Touch Nova Market Actionable
Management Platform Loyalty and Marketing Finance Manage everything for every retailers’ needs Loyalty out of the box Financing, payout and banking capabilities Multiple POS options Global acceptance of local payment options
Complete electric vehicle charging and payment solutions Energy & Mobility Robust solution for numerous retail verticals Hospitality & Retail Multiple unattended retail verticals Automated &Self Service Driving Growth
with One Complete Solutions for all Retailers
Recent Key Business Highlights Acquired VMtecnologia on April 30th, a leading
financial technology provider for the automated self-service industry in Brazil. This acquisition provides Nayax with a strong entry point into Latin America and into Brazil in particular and expands Nayax’s total addressable
markets. Nayax’ VPOS Touch card reader won the Best Payment System award from The Vendies, an annual UK-based vending industry award. Nayax’s VPOS Touch helps operators stay on top of their business via telemetry technology that communicates
with a vending management system and app. The Nayax VPOS Touch won the same award for Best Payment System in 2021 and won the Payment System of the Year award from The Vendies in 2016, 2017, and 2018. Nayax launched Nayax EV CloudPay, a
cloud-based payments solution to help facilitate payments at electric vehicle (EV) charging stations. Many drivers currently pay for their EV charges by downloading multiple mobile apps. Since the kiosk is cloud-based, a single kiosk can
facilitate the payments for multiple chargers, enabling a seamless experience for charging station operators and customers. Acquired Roseman Engineering on April 4th, a Tel-Aviv based fuel and electric vehicle (EV) management software
solution provider that allows managers of gas stations to track fuel station income, reduce expenses, and increase operational efficiencies. Launch of Nayax EV CloudPay Acquired Roseman Engineering Acquired VMtecnologia in Brazil Nayax
VPOS Touch Won UK Award
Retain And Grow With Existing Customers Enter Emerging, High-Growth
Verticals Continue To Expand Internationally Continue To Innovate And Develop New Solutions Win New Large Enterprise and SMB Customers Globally Organic Growth Strategy for Sustained Long-term Profitable Growth Continued Execution on
Strategic Growth Plan While Remaining Focused on Balancing Top Line Growth 130% Dollar-Based Net Retention RateIn Q2 24 EV Charging Parking Mass Transit Geographic areas of interest include LATAM and APAC 3rd Party
Integrations Age-verification Deferred Online
Inorganic Growth: Three Pillars of M&A Technological Upgrade Leveraging
Channels Geographic Expansion Adding key technologies to the platform to accelerate development in key strategic verticals Focus on "tuck-in" M&As with synergistic technologies A focus on strategically leveraging
channel Acquires distributors and payment solution providers to bring the capabilities in-house Accelerates entry into new markets VendCheck
Financial Overview
Fee charged per payment transaction. Complete End-To-End Solution Locks in
Customers to Secure Solid Recurring Revenue Hardware All-in-one cashless card reader and telemetry device Purchase fee per sold connected POS 1 SaaS management system for enhanced business optimization and customer satisfaction Monthly
subscription fee (SaaS) per connected POS Global, localized cashless payment acceptance for maximized conversion Full payment suite – EMV Payments, Prepaid System, Payments I API APMs |Licensed financial institution Processing fee as % of
transaction volume SaaS 2 Processing Fee 3 VPOS Touch Onyx VPOS Media Nova Market “Customer Lock In” Recurring Revenue Competitive Price to Attract Customers 68% Recurring Revenue 2.7% Payment Take Rate(1) 130% Dollar Based Net
Retention Rate
Highlights Q2 gross Profit grew 61% YoY Increased shift to higher processing
payment fees than SaaS revenue. Highlights Q2 Gross margin grew 66% YoY Improvement mainly contributed by high hardware gross margin. Highlights Q2 recurring revenue grew by 47% YoY. Continued strong payment processing fees with YoY
growth of 45%; SaaS revenue grew 50% YoY. Our Business Model is Working Highlights Q2 revenue grew 39% YoY Benefited from faster growing recurring revenue and growth in sold units. Strong Revenue Growth ($m) High Recurring
Revenue ($m) Gross Profit ($m) Recurring Gross Profit ($m) CAGR 46% 47% 39% CAGR 41% Gross Margin 57% 47% 52% 52% 61% CAGR 34% 48% 66% Gross Margin 40% 37% 44% 35% 37% CAGR 35%
Highlights Q2 Adj. EBITDA grew strongly YoY Positive $8.1 million in Q2 2024,
a marked improvement of $6.8 million compared to $1.3 million in Q2 2023. Highlights Q2 D&A grew 56% YoY Increase in Q2 2024 YoY primarily due to investment in automation as well as PPA amortization. Highlights Q2 SG&A grew 38%
YoY Reflects investment in talent acquisition, customer base expansion, and higher go-to-market expenses as well as additional costs related to our recent VM and Roseman acquisitions Highlights Q2 R&D grew 30% YoY Primarily due to
investment in talent acquisitions as well as additional costs related to our recent VM and Roseman acquisitions Depreciation and Amortization ($m) Improved Profitability from Moderating Expenses and Higher Operating
Efficiencies Excluding share-based compensation and Amortization Adjusted EBITDA is a non-IFRS financial measure. Please refer to the Appendix for a definition of Adjusted EBITDA and for a reconciliation of Adjusted EBITDA to the most
directly comparable IFRS measure. R&D Expense ($m) (1) SG&A Expense ($m) (1) Adjusted EBITDA ($m) (2) 623% 56% 30% 38%
Consistent Track Record Of Expanding Footprint Highlights Q2 2024 reflects
momentum in customer base, with YoY growth of 52%, across all geographies including 8,000 of Retail Pro as well as 3,000 VMTechnologia and Roseman customers Significantly increasing and retaining customer base with high net retention rate
at 130% and low churn rate at 2.8% Number of Customers (thousands) Number of Managed and Connected Devices (thousands) Highlights Reaching another record number of 1,185,929 managed and connected devices across all geographies including
130,000 devices of Retail Pro as of the acquisition date and 22,000 of VM Grew by 44% YoY CAGR 56% 52% CAGR 42% 44%
Global Cashless Payment Trends Driving Transactions Transaction value
($m) Highlights 34% Growth in Q2 2024 YoY Growth across all geographies driven by trends in consumer behavior and increased transactions processed for a global customer base Number of Transactions (millions) Highlights 31% Growth in Q2
2024 YoY Growth across all geographies with strong customer expansion as well as shift in customer behavior toward cashless payments CAGR 52% 31% CAGR 60% 34%
2024 Outlook (1) The Company does not provide a reconciliation of
forward-looking adjusted EBITDA to IFRS net income (loss) due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, in particular, because special items such as finance expenses
and Issuance and acquisition costs used to calculate projected net income (loss) vary dramatically based on actual events. Therefore, the Company is not able to forecast on an IFRS basis with reasonable certainty all deductions needed in
order to provide an IFRS calculation of projected net income (loss) at this time. The amount of these deductions may be material, and therefore could result in projected IFRS net income (loss) being materially less than projected adjusted
EBITDA (non-IFRS). Metric FY 2024 Revenue expectations (constant currency) $325m - $335m Revenue growth YoY At least 38% Hardware margins 27% - 29% Adjusted EBITDA $30m - $35m Free Cash Flow Positive Guidance Assumptions
Customer demand continues to be strong Assumes no material changes in macroeconomic conditions
Looking ahead, we remain excited about our strong long-term growth drivers and
the large market opportunities ahead of us. Our durable business model is demonstrated by our diverse customers, verticals and geographies. With strong secular tailwinds and with our high net revenue retention rate, we believe we have a
clear opportunity to drive revenue growth in the future. Mid-Term and Long-Term Outlook Mid-Term Outlook Revenue Growth Reaffirming mid-term outlook of 35% annual growth, driven by organic growth initiatives and strategic
M&A. Growth Drivers Customer growth, market penetration, continued expansion of our integrated payments platform as well as our growth engines. Guidance as of August 7, 2024. Any usage of slide on a subsequent date does not constitute
guidance re-confirmation as of such subsequent date. Refer to Cautionary Statement for a discussion of factors that could cause actual results to differ materially from outlook. Long-Term Outlook Revenue Growth Reaffirming
long-term outlook of 35% annual growth, driven by organic growth initiatives and strategic M&A. Gross Margins Target of 50% Main drivers: New strategic growth initiatives, more rental and leasing options, loyalty products, and embedded
finance solutions. Adjusted EBITDA Target of 30%
Appendix
Highlights 37% Increase YOY in Q2 2024 Primarily due to an increase in
capitalized development expenditure from recent acquisitions CAPEX Breakdown Capex ($m) 37%
IFRS to Non-IFRS Consists primarily of fees and expenses related to our recent
acquisitions Share of loss of equity method investee is related to our 2021 investment in Tigapo. The following is a reconciliation of loss for the period, the most directly comparable IFRS financial measure, to Adjusted EBITDA for each
of the periods indicated. Quarter ended as of (U.S. dollars in thousands) Jun 30, 2024 Jun 30, 2023 Loss for the period (3,013) (3,973) Finance expense, net 3,601 40 Tax benefit (Income tax expense)
321 226 Depreciation and amortization 5,043 3,156 EBITDA 5,952 (551) Expenses in respect of share-based compensation 1,512 1,425 Non-recurring issuance (1) 378 - Share of loss of equity method investee
(2) 248 383 ADJUSTED EBITDA 8,090 1,257
Key Definitions Managed and ConnectedDevices that are operated by our
customers. End CustomersCustomers that contributed to Nayax revenue in the last 12 months. Recurring RevenueSAAS revenue and payment processing fees. Dollar-based net retention rateMeasured as a percentage of Recurring Revenue from
returning customers in a given period as compared to the Recurring Revenue from such customers in the prior period, which reflects the increase in revenue and the rate of losses from customer churn. Revenue ChurnThe percentage of revenue
lost as a result of customers leaving our platform in the last 12 months. Existing Customer ExpansionRevenue generated within a given cohort over the years presented. Each cohort represents customers from whom we received revenue for the
first time, in a given year. Constant CurrencyNayax presents constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Future
expected results for transactions in currencies other than United States dollars are converted into United States dollars using the exchange rates in effect in the last month of the reporting period. Nayax provides this financial information
to aid investors in better understanding our performance. These constant currency financial measures presented in this release should not be considered as a substitute for, or superior to, the measures of financial performance prepared in
accordance with IFRS. Free Cash FlowNet cash provided from operating activities minus capitalized development costs and acquisition of property and equipment Adjusted EBITDAAdjusted EBITDA is a non-IFRS financial measure that we define as
loss for the period plus finance expenses, tax expense (benefit), depreciation and amortization, share-based compensation costs, non-recurring issuance costs and our share in losses of associates accounted for by the equity method.
Thank you! IR Contact: Aaron Greenberg Chief Strategy
Officer Aarong@nayax.com Virgineas@nayax.com Virgineas@nayax.com Website: ir.nayax.com