The Fintech Nayax Impresses with Strong SaaS Business — Stock on the Verge of Breaking out from Base at all-Time High?

Nayax is a fintech company that develops complete solutions for retailers with self-service options, including kiosks, vending machines, or EV charging stations. Between 2022 and 2024, the SaaS business has grown significantly, with recurring revenues more than doubling during this period. In the last quarter, these revenues amounted to $70.7 million and grew YoY by 32%, currently accounting for nearly 75% of total sales. In recent years, Nayax has expanded its partnerships with companies like Adyen and Autel Energy, ensuring long-term recurring...