Yair Nechmad

Nayax Announces Astonishing Second Quarter 2021 Key Performance Indicators

Nayax has announced key performance indicators for the second quarter of 2021 ahead of the publication, on Monday, August 23rd, of the company’s financial results for the second quarter of 2021. The numbers provide proof, if any more were needed, that the pandemic has accelerated the adoption of cashless payments and that Nayax is ideally placed to react to – and to anticipate the requirements of – a burgeoning marketplace.

  • Revenue for Q2 2021 is expected to be between $30 million and $31 million, an increase of more than 110% over Q2 2020
  • Managed and connected devices were 436,000, an increase of more than 40% over Q22020
  • Number of customers reached 23,500, an increase of more than 40% over Q2 2020
  • Number of processed transactions was 186 million, more than double those of Q2 2020

‘Our ongoing efforts to reach new customers, with further expansion in our global markets, continue to support our growth, producing positive results for our stakeholders’, said Yair Nechmad, Nayax CEO.

Yair Nechmad

‘I am very pleased with our achievements this quarter. Even considering the impact of the global COVID pandemic on Q2 2020 results, Q2 2021 saw very strong results, representing over 30% revenue growth over Q1 2021, a significant milestone in our continued journey.’

*Yair, alongside colleagues Sagit Manor, Chief Financial Officer; and David Ben-Avi, Chief Technology Officer, is hosting a conference call to review the Company’s second quarter 2021 financial results on August 23rd, 2021, at 1-30 p.m BST.

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