Tyro Payments Ltd. ( (AU:TYR) ) has provided an update.
Tyro Payments Limited reported a slight decline in transaction value by 0.9% for the half-year ending December 31, 2024, compared to the previous year. However, the company achieved a 4.7% increase in normalised revenue and a significant 20.6% rise in EBITDA. The statutory profit before and after tax nearly doubled, reflecting improved operational efficiency and financial health. The net tangible assets per share also increased, indicating stronger asset backing.
More about Tyro Payments Ltd.
Tyro Payments Limited operates in the financial technology industry, providing payment solutions and services. The company focuses on processing merchant sales through its payments platform, aiming to enhance transaction efficiency and financial performance for its clients.
YTD Price Performance: 6.13%
Average Trading Volume: 993,235
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$456.7M
See more data about TYR stock on TipRanks’ Stock Analysis page.