Tyro Payments Projects Growth Amid Strong FY24 Results

Tyro Payments Ltd. (AU:TYR) has released an update.

Tyro Payments Limited has reported a successful FY24, with a 9.1% increase in gross profit to $210.8 million and an improved EBITDA margin. Looking ahead, the company expects further growth in FY25, projecting profits between $218 million and $226 million and a higher EBITDA margin of around 28%. This positive outlook comes as Tyro continues to strengthen its position in the payment solutions market.

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