Nayax Ltd. , a commerce enablement and payments platform with impressive revenue growth of 33.34% over the last twelve months, has announced a strategic partnership with Lynkwell, a North American energy infrastructure provider. This collaboration aims to enhance the electric vehicle (EV) charging infrastructure across the United States and Canada by integrating Nayax’s payment solutions with Lynkwell’s charging stations. According to InvestingPro data, Nayax has demonstrated strong market performance with a 76.48% return over the past year.
Lynkwell, known for managing a significant network of DCFC and Level 2 EV charging ports, has experienced substantial growth, with its ViaLynk network ranking as the third-largest in the Northeast and eighth-largest in the U.S. The partnership will leverage Lynkwell’s advanced EV chargers, management software, and services with Nayax’s payment platform to deliver an integrated charging solution for drivers and operators.
Lynkwell’s flagship product, the XLynk charger, is the first commercial EV charger to offer a lifetime warranty and is backed by an all U.S. hardware, software, support, and service team. With its U.S.-based manufacturing facility, Lynkwell is positioned to expand its presence in the EV charging market.
Aaron Greenberg, Chief Strategy Officer of Nayax, expressed enthusiasm about the partnership, highlighting the benefits of embedding Nayax’s payment technology in Lynkwell’s new AC chargers to provide fast, secure, and universally accessible charging sessions. Jason Zarillo, President of Lynkwell, emphasized the importance of scaling payment solutions alongside their rapidly growing charging network to enhance convenience for drivers and strengthen site operators’ businesses.
Nayax is a global commerce enablement and loyalty platform that offers cashless payment acceptance, management tools, and loyalty programs for merchants. With 11 global offices and approximately 1,100 employees, Nayax is recognized as a payment facilitator and is dedicated to improving revenue potential and operational efficiency for its customers. The company, currently valued at $1.63 billion, maintains a moderate debt level with a healthy current ratio of 1.31. InvestingPro analysis reveals 12 additional key insights about Nayax’s financial health and market position, available to subscribers.
Lynkwell specializes in connecting renewable energy sources with next-generation fueling technologies. Its Lynkwell XChange platform manages 10,000 assets and offers a comprehensive range of EV charging and energy integration solutions.
This partnership is based on a press release statement and reflects the companies’ intentions to address the urgent need for reliable and accessible EV charging solutions in North America. Based on InvestingPro’s Fair Value analysis, Nayax is currently trading near its fair value, with analysts projecting profitability this year. For detailed insights and comprehensive analysis of Nayax and other growth companies, investors can access the Pro Research Report, which provides expert analysis of 1,400+ top stocks.
In other recent news, Nayax reported mixed financial results for the first quarter of 2025, with earnings surpassing expectations but revenue falling short. The company posted adjusted earnings per share of $0.19, significantly above the analyst consensus of $0.02. However, revenue was $81.1 million, missing the expected $85.08 million. Despite this, Nayax experienced a 26.7% year-over-year increase in total revenue, with recurring revenue growing 34.6% to $62.2 million. Gross margin also improved to 49.2% from 43.8% in the previous year. Nayax reaffirmed its 2025 financial outlook, projecting revenue growth between 30% to 35% and maintaining its adjusted EBITDA guidance of $65 to $70 million. In a related development, Keefe, Bruyette & Woods raised their price target for Nayax to $40, maintaining a Market Perform rating. The firm expressed cautious optimism about Nayax’s growth potential, although they noted execution risks with increased volumes and revenue growth.
