Shares of Nayax Ltd (NYAX) plunged 8.60% in Tuesday's pre-market trading session, following the company's fourth quarter and full year 2024 financial results that fell short of market expectations and provided a disappointing revenue growth outlook for 2025.

The fintech company, which provides cashless payment solutions for the unattended retail market, reported fourth quarter revenue of $89 million, missing the consensus estimate of $91.8 million. Despite a 33.6% year-over-year increase, the revenue miss sparked concerns among investors about the company's growth trajectory.

Nayax's full year 2024 revenue of $314 million, although representing a 33.3% increase from the previous year, also fell short of analysts' expectations. The company attributed this to the impact of currency fluctuations, as revenue at constant currency increased by a higher 34%.

Adding to the disappointment, Nayax's revenue guidance for 2025 projected growth of 30% to 35%, representing a revenue range of $410 million to $425 million. This outlook was seen as underwhelming by analysts, who had anticipated stronger growth prospects for the company's cashless payment solutions.