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Nayax's sales jumped 23% last quarter, reaching a record gross margin of 49.6%.

ResultsRead the original at globenewswire.com
Good for NYAX

Nayax's sales rose 23%, gross margin reached a record 49.6%, and free cash flow turned positive. Its full-year sales forecast stayed unchanged and includes $20 million expected from IPS Group, but the stronger quarter supports a favorable read.

NYAX · Nayax Ltd.

AI read · Good for NYAX

The AI's read

The quarter suggests Nayax is growing sales and keeping more from each sale, with cash left after business spending. The caution is that its full-year sales forecast did not increase and includes an expected $20 million from IPS Group in the fourth quarter. The stronger quarterly results and positive cash flow support a favorable read.

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