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Revenue and Customer Growth:
-
Ltd. reported
revenue of
$81 million for Q1 2025,
up 27% over Q1 2024, and reached more than
100,000 customers globally.
- The growth was driven by a strong increase in new and existing customers, as well as expanding geographic and market share.
Recurring Revenue and Profitability:
- Recurring revenue increased by
35% over Q1 2024, representing
77% of total revenue in Q1 2025.
- This trend is attributed to the company's focus on high-margin recurring revenue streams and disciplined delivery of profitable growth.
Transaction Value and KPIs:
- Total transaction value increased by
18% over Q1 2024 to more than
$1.3 billion.
- The growth was driven by an increase in the installed base of managed and connected devices and an improving take rate.
Acquisitions and Strategic Partnerships:
- Nayax completed multiple strategic acquisitions: UPPay, Tigapo LTD, and Inpro Pay.
- These acquisitions strengthened the company's presence in Latin America and enhanced its distribution channels, supporting global expansion.
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