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Side-by-side financial comparison of Nayax Ltd. (NYAX) and Waldencast plc (WALD). Click either name above to swap in a different company.

Waldencast plc is the larger business by last-quarter revenue ($108.8M vs $78.1M, roughly 1.4× Nayax Ltd.). Nayax Ltd. runs the higher net margin — -3.9% vs -55.7%, a 51.8% gap on every dollar of revenue. On growth, Nayax Ltd. posted the faster year-over-year revenue change (39.0% vs 17.8%).

Nayax Ltd. is a global fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.

Waldencast plc is a global multi-brand platform focused on acquiring, developing and scaling high-growth premium niche brands across the beauty, personal care and wellness sectors. It operates primarily across North America and European markets, with core offerings including clean skincare, haircare, color cosmetics and wellness products targeted at quality-focused consumers.

NYAX vs WALD — Head-to-Head

Bigger by revenue
WALD
WALD
1.4× larger
WALD
$108.8M
$78.1M
NYAX
Growing faster (revenue YoY)
NYAX
NYAX
+21.3% gap
NYAX
39.0%
17.8%
WALD
Higher net margin
NYAX
NYAX
51.8% more per $
NYAX
-3.9%
-55.7%
WALD

Income Statement — Q2 FY2024 vs Q4 FY2023

Metric
NYAX
NYAX
WALD
WALD
Revenue
$78.1M
$108.8M
Net Profit
$-3.0M
$-60.6M
Gross Margin
44.3%
67.5%
Operating Margin
1.2%
-42.9%
Net Margin
-3.9%
-55.7%
Revenue YoY
39.0%
17.8%
Net Profit YoY
24.2%
EPS (diluted)
$-0.08
$-0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NYAX
NYAX
WALD
WALD
Q2 24
$78.1M
Q4 23
$108.8M
Q2 23
$56.2M
$109.3M
Q4 22
$92.4M
Net Profit
NYAX
NYAX
WALD
WALD
Q2 24
$-3.0M
Q4 23
$-60.6M
Q2 23
$-4.0M
Q4 22
Gross Margin
NYAX
NYAX
WALD
WALD
Q2 24
44.3%
Q4 23
67.5%
Q2 23
37.1%
62.4%
Q4 22
34.3%
Operating Margin
NYAX
NYAX
WALD
WALD
Q2 24
1.2%
Q4 23
-42.9%
Q2 23
-6.6%
-37.8%
Q4 22
-136.8%
Net Margin
NYAX
NYAX
WALD
WALD
Q2 24
-3.9%
Q4 23
-55.7%
Q2 23
-7.1%
Q4 22
EPS (diluted)
NYAX
NYAX
WALD
WALD
Q2 24
$-0.08
Q4 23
$-0.65
Q2 23
$-0.12
Q4 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NYAX
NYAX
WALD
WALD
Cash + ST InvestmentsLiquidity on hand
$61.9M
$21.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$158.7M
$624.6M
Total Assets
$434.7M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NYAX
NYAX
WALD
WALD
Q2 24
$61.9M
Q4 23
$21.1M
Q2 23
$31.1M
Q4 22
$8.7M
Total Debt
NYAX
NYAX
WALD
WALD
Q2 24
Q4 23
Q2 23
Q4 22
$179.3M
Stockholders' Equity
NYAX
NYAX
WALD
WALD
Q2 24
$158.7M
Q4 23
$624.6M
Q2 23
$100.0M
$767.3M
Q4 22
$639.2M
Total Assets
NYAX
NYAX
WALD
WALD
Q2 24
$434.7M
Q4 23
$1.0B
Q2 23
$261.8M
Q4 22
$1.1B
Debt / Equity
NYAX
NYAX
WALD
WALD
Q2 24
Q4 23
Q2 23
Q4 22
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NYAX
NYAX
WALD
WALD
Operating Cash FlowLast quarter
$9.2M
$-13.4M
Free Cash FlowOCF − Capex
$-13.9M
FCF MarginFCF / Revenue
-12.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NYAX
NYAX
WALD
WALD
Q2 24
$9.2M
Q4 23
$-13.4M
Q2 23
$-1.7M
Q4 22
Free Cash Flow
NYAX
NYAX
WALD
WALD
Q2 24
Q4 23
$-13.9M
Q2 23
Q4 22
FCF Margin
NYAX
NYAX
WALD
WALD
Q2 24
Q4 23
-12.7%
Q2 23
Q4 22
Capex Intensity
NYAX
NYAX
WALD
WALD
Q2 24
Q4 23
0.4%
Q2 23
1.0%
Q4 22
1.5%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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