Nayax Ltd.

Nayax Ltd. reported a net loss of $(10.1) million for the second quarter of 2026, a significant decline from a $11.7 million profit in the same period last year. For the first six months of 2026, the company posted a net loss of $(8.8) million, compared to a $18.8 million profit in the prior year. Despite the losses, revenues increased by 28.2% to $122.6 million in Q2 2026 and by 29.8% to $229.4 million for the six-month period. The company also disclosed ongoing investigations into a cybersecurity incident, new performance-based option grants for its CEO and CTO, and an amendment to the deferred consideration for its Brazil acquisition.

Nayax Ltd. reported Q2 2026 revenue of $123 million, a 28% increase year-over-year, with year-to-date organic revenue growth of 24%. The company posted a net loss of $10.1 million, primarily due to a significant increase in stock-based compensation expenses, but achieved an Adjusted Net Income of $6 million and Adjusted EBITDA of $14.1 million. Nayax reaffirmed its full-year 2026 revenue and Adjusted EBITDA guidance, while revising down its free cash flow conversion outlook due to accelerated investments in long-term growth initiatives, including a U.S. bank charter application and EV charging expansion.

Nayax Ltd. announced it has applied to the Connecticut Department of Banking to establish Nayax America Bank Inc., a non-depository innovation bank. This strategic move aims to expand its financial services in the U.S., enabling Nayax to offer corporate cards, controlled-spend programs, and working-capital solutions directly through its platform. The company also launched Yellow Account, an account and deposit service for SMB customers, operated with Adyen as the sponsoring bank, which is expected to integrate with the new bank once chartered. This initiative extends Nayax's regulated payment and card-issuing authority to North America, its largest market.

Nayax Ltd. announced it filed an application with the Connecticut Department of Banking to establish Nayax America Bank Inc., a non-depository innovation bank. This move aims to deepen financial relationships with U.S. customers by adding embedded banking services such as corporate cards and working-capital solutions to its platform. Concurrently, Nayax launched Yellow Account for SMB customers, operated with Adyen, which will be built upon once the new bank is chartered. This initiative extends Nayax's global regulatory strategy to North America, its largest market, which accounts for approximately 40% of its global revenue.

Nayax Ltd. announced it will release its second quarter 2026 financial results on Monday, August 10, 2026, prior to the opening of U.S. markets. The company will host two conference calls on the same day, one in English and one in Hebrew, featuring CEO Yair Nechmad, CFO Sagit Manor, and CSO Aaron Greenberg. Details for pre-registration, dial-in numbers, and webcast links were provided, with a replay available until August 24, 2026.

Nayax Ltd. provided an update on a suspected information security incident, confirming that system review and technical remediation are complete, and systems are free of unauthorized access. The company's production environment and core systems were not impacted, and business operations continue normally. While some backup data, including payment transaction records without sensitive authentication data, was exfiltrated, customer safeguarded funds remain untouched. The Board has decided not to comply with extortion demands, and the company does not expect a material financial impact.

Nayax Ltd. has completed its system review and technical remediation activities following a suspected information security incident, confirming its systems are free of unauthorized access and its production environment was not impacted. While some data, including backup of scanned documents and payment transaction records (without sensitive authentication data), was exfiltrated, the company states that all customer safeguarded funds were untouched. Nayax's Board of Directors has resolved not to comply with criminal extortion demands and does not currently expect a material effect on its financial condition or results of operations.

Nayax Ltd. detected unusual activity in a cloud account belonging to one of its subsidiaries, which was immediately blocked and contained. The company is collaborating with cybersecurity experts and law enforcement in Israel and the U.S. to investigate the incident. While the investigation is ongoing to determine the scope of information involved, Nayax currently believes there is no exposure of material information, and its core systems and business operations remain unaffected.

Nayax Ltd. announced the launch of a new AI layer within its MoMa mobile management app, designed to empower unattended and self-service operators with enhanced decision-making capabilities. The new features include an AI Assistant that answers business data questions, Planogram Suggestions based on sales data, and Visual Recognition Planogram Suggestions for faster setup. This initiative aims to help operators manage their businesses more efficiently and profitably from anywhere.

Nayax Ltd. announced that its Annual General Meeting of Shareholders was held on May 19, 2026. All proposals presented to the shareholders at the meeting were approved by the necessary majority, in accordance with Israeli Companies Law and the Company's articles of association. One proposal, Proposal 11, was withdrawn by the Company before the meeting took place.