Tyro Payments Ltd. (TYR) AI Stock Analysis

• Market Cap: AU$462.30M
• Dividend Yield: N/A
• Average Volume (3M): 1.88M
• Price to Earnings (P/E): 14.8
• Beta (1Y): 1.83
• Revenue Growth: 7.50%
• EPS Growth: 204.66%
• Country: AU
• Employees: 626
• Sector: Technology
• Sector Strength: 89
• Industry: Software - Infrastructure
• EPS (TTM): 0.02
• Shares Outstanding: 528,347,600
• 10 Day Avg. Volume: 2,040,795
• 30 Day Avg. Volume: 1,880,846
• PEG Ratio: -0.82
• Price to Book (P/B): 3.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 58.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.65
• Price Target Upside: 89.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: AU$1.00 ▲(14.94%Upside)

Tyro Payments Ltd.'s overall score is bolstered by its strong financial performance, particularly in revenue growth and cash flow management, which constitute the most significant factor. The technical analysis presents a neutral picture, with no significant momentum, while valuation is balanced, reflecting fair market pricing. The absence of earnings call and corporate event data means these factors did not influence the overall score.

Tyro Payments Ltd. Business Overview & Revenue Model

Company Description

Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through Payments and Banking segments. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking solutions. The company also acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services. In addition, it provides complementary banking solutions, including merchant cash advance, transaction account, and a term-deposit account. Further, the company offers Tyro Go, a mobile payment card reader; Tyro Connect that integrates apps and services with POS system designed for cafes, restaurants, QSRs, pubs, clubs, and bars; and Medipass, a digital health payment platform that links practitioners, funders, and patients. It primarily serves health, hospitality, services, corporate, accommodation, and retail industries. The company was incorporated in 2003 and is based in Sydney, Australia.

How the Company Makes Money

Tyro Payments Ltd. generates revenue primarily through transaction fees charged on payments processed via its EFTPOS terminals. Additionally, the company earns money from its business banking services, including fees associated with the Tyro Bank Account and interest from its lending products. Tyro also partners with various software vendors to integrate its payment solutions, extending its reach and enhancing its service offerings. These strategic partnerships, along with a focus on industry-specific solutions, contribute to Tyro's ability to grow its customer base and increase transaction volumes, driving its earnings.

Tyro Payments Ltd. Financial Statement Overview

Summary

Tyro Payments Ltd. exhibits strong financial health with robust revenue growth of 13.77%, improved profitability, and effective cash flow management. The solid balance sheet with low leverage further supports its stable position in the industry. Slightly increased debt warrants monitoring, but overall financial performance suggests a positive outlook.

Income Statement

Tyro Payments Ltd. has demonstrated strong growth in its income statement metrics. Over the past year, total revenue grew by 13.77%, demonstrating robust growth. Gross profit margin stands at 45.38%, indicating effective cost management. Furthermore, the net profit margin improved significantly to 5.16% from 1.37% the previous year, reflecting enhanced profitability. The EBIT margin rose to 18.75%, and EBITDA margin is at 13.70%, showcasing improved operational efficiency.

Balance Sheet

The company's balance sheet reflects a solid financial position with an equity ratio of 46.00%, indicating a strong equity base. The debt-to-equity ratio is low at 0.15, suggesting low leverage and financial stability. Return on equity improved to 12.38%, indicating efficient use of equity to generate profits. However, the company's total debt increased slightly, which could represent a potential area of concern if not managed properly.

Cash Flow

Tyro Payments Ltd. has shown remarkable improvement in its cash flow metrics. Free cash flow grew significantly by 249.86%, reflecting enhanced cash generation capabilities. The operating cash flow to net income ratio is robust at 1.90, and the free cash flow to net income ratio stands at 1.38, indicating strong cash flow relative to net income. These metrics highlight the company's ability to generate sufficient cash to support its operations and growth.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	492.16M	497.71M	437.50M	325.52M	232.77M	213.02M
Gross Profit	202.99M	225.87M	162.00M	118.81M	98.33M	83.29M
EBITDA	67.50M	68.20M	37.92M	8.14M	-6.17M	-15.27M
Net Income	30.82M	25.70M	6.01M	-29.62M	-29.82M	-38.06M
Balance Sheet
Total Assets	436.23M	451.46M	431.04M	410.09M	395.26M	263.84M
Cash, Cash Equivalents and Short-Term Investments	63.32M	85.48M	58.05M	47.36M	89.52M	113.76M
Total Debt	29.91M	31.54M	33.56M	33.99M	2.81M	7.48M
Total Liabilities	219.45M	243.78M	253.35M	250.49M	214.59M	74.12M
Stockholders Equity	216.78M	207.67M	177.68M	159.60M	180.66M	189.72M
Cash Flow
Free Cash Flow	23.82M	35.52M	10.15M	-33.38M	-40.26M	-20.47M
Operating Cash Flow	24.69M	48.79M	25.23M	-9.02M	-10.98M	-15.72M
Investing Cash Flow	-38.93M	-40.62M	-27.76M	-48.35M	-32.22M	-46.82M
Financing Cash Flow	-6.66M	-2.97M	8.88M	9.37M	23.93M	142.72M

Tyro Payments Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.87
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TYR, the sentiment is Positive. The current price of 0.87 is above the 20-day moving average (MA) of 0.87, above the 50-day MA of 0.84, and above the 200-day MA of 0.84, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.95 is Neutral, neither overbought nor oversold. The STOCH value of 61.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TYR.

Tyro Payments Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TYR	74 Outperform	AU$462.30M	14.80	15.36%	―	7.50%	204.66%
Sector *	63 Neutral	$32.90B	6.03	-11.70%	1.95%	5.55%	-19.87%
EMCHF		$278.07M	37.77	7.22%	―	―	―
BRF		€832.43M	15.58	27.46%	1.34%	―	―
XYZ	76 Outperform	AU$60.80B	15.68	12.61%	―	5.46%	425.12%
PPS	57 Neutral	AU$291.41M	28.11	9.89%	1.64%	23.52%	7.96%
FCL		AU$778.55M	―	-3.69%	―	―	―

Tyro Payments Ltd. Corporate Events

Tyro Payments Issues Performance Rights to Boost Employee Incentives

Tyro Payments Ltd. announced the issuance of 1,497,033 performance rights as part of an employee incentive scheme. This move reflects the company’s strategy to align employee interests with corporate goals, potentially enhancing motivation and retention, which could positively impact its market position and stakeholder value.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Issues New Performance Rights to Employees

Tyro Payments Limited announced the issuance of 2,443,898 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This move aims to motivate and retain employees, potentially strengthening the company’s operational capabilities and market position.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Issues New Performance Rights to Employees

Tyro Payments Ltd. announced the issuance of 61,728 performance rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially impacting the company’s operational dynamics and market positioning.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Announces Change in Director’s Interest

Tyro Payments Limited announced a change in the director’s interest for Jonathan Davey, as detailed in the released Appendix 3Y. This update reflects the company’s commitment to transparency and compliance with ASX regulations, potentially impacting stakeholder perceptions and maintaining investor confidence.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Pinnacle Investment Acquires Substantial Stake in Tyro Payments

Pinnacle Investment Management Group Limited has become a substantial holder in Tyro Payments Ltd, acquiring a 5.18% voting power with 27,377,237 ordinary fully paid shares. This acquisition signifies a significant investment move by Pinnacle, potentially impacting Tyro Payments’ market dynamics and stakeholder interests.

The most recent analyst rating on (AU:TYR) stock is a Hold with a A$1.30 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Aware Super Becomes Substantial Holder in Tyro Payments

Tyro Payments Ltd. has announced that Aware Super Pty Ltd, as trustee of Aware Super, has become a substantial holder in the company with a voting power of 5.01%, equivalent to 26,494,122 shares. This development indicates a significant investment by Aware Super, potentially impacting Tyro Payments’ shareholder dynamics and reflecting confidence in the company’s future prospects.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Updates Director’s Interest for Jonathan Davey

Tyro Payments Limited announced a change in the director’s interest for Jonathan Davey, as detailed in the Appendix 3Y. This update reflects an indirect interest involving ordinary shares held in escrow, linked to a loan repayment condition, which may impact the company’s governance and stakeholder interests.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments CEO Resignation and Future Growth Plans

Tyro Payments Ltd announced the resignation of its CEO and Managing Director, Jon Davey, who will leave to join a private equity-backed business outside the financial services sector. Davey, who joined Tyro in 2021 and became CEO in 2022, will remain for up to six months to ensure a smooth transition. Under his leadership, Tyro experienced significant transformation, focusing on sustainable growth and expansion into new verticals such as aged care and pet insurance. The company is positioned well for future growth, with a strong leadership team committed to executing its strategy for FY26 and beyond.

The most recent analyst rating on (AU:TYR) stock is a Hold with a A$1.30 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Ltd Appoints Steven Holmes to Board of Directors

Tyro Payments Ltd has announced the appointment of Steven Holmes to its Board of Directors, effective June 4, 2025. This strategic move is expected to strengthen the company’s leadership and potentially enhance its operational capabilities, further solidifying its position in the payment solutions industry.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Partners with GapOnly® to Revolutionize Pet Insurance Payments

Tyro Payments Ltd has announced a partnership with GapOnly®, a leading pet insurance claims service in Australia, to enhance payment and claiming processes in the $4 billion pet veterinary services industry. This collaboration, set to launch in early 2026, will leverage Tyro’s health payments expertise to allow customers to claim pet insurance and pay the gap at veterinary clinics. The partnership signifies Tyro’s strategic move into the growing pet care market, which is experiencing double-digit growth in insured pets, and highlights the company’s expansion into new industry verticals, including aged-care and pet health, with an addressable market opportunity of approximately $40 billion.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Appoints Steven Holmes as New Director

Tyro Payments Ltd has appointed Steven Holmes as a new Director on its Board, effective June 4, 2025. Holmes brings over two decades of experience in fintech, payments, and technology-enabled services, having held senior roles at Xplor Technologies and Transaction Services Group. His expertise in payments, M&A, and international expansion is expected to bolster Tyro’s strategic direction and growth opportunities. The appointment is seen as a significant step in enhancing Tyro’s board capabilities and supporting its expansion efforts.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

Tyro Payments Withdraws from Smartpay Acquisition

Tyro Payments Ltd has withdrawn from the acquisition process of Smartpay Holdings Limited after Smartpay entered an exclusivity agreement with another party. This decision impacts Tyro’s strategic expansion plans, as it was conducting due diligence and had submitted a merger proposal before Smartpay’s decision.

Tyro Payments Announces Cessation of Securities

Tyro Payments Limited announced the cessation of several securities, including options and performance rights, due to the conditions for these securities not being met or becoming incapable of being satisfied. This cessation affects a significant number of securities, reflecting a strategic adjustment in the company’s financial operations, potentially impacting its market positioning and stakeholder interests.

Tyro Payments Announces New Securities Quotation on ASX

Tyro Payments Ltd. has announced the application for quotation of new securities on the Australian Securities Exchange (ASX). The release details the issuance of several tranches of ordinary fully paid securities, totaling 322,544 shares, issued between January and March 2025. This move is likely to enhance Tyro’s capital structure and potentially improve its liquidity position, which could have positive implications for its stakeholders and market positioning.

Tyro Payments Ltd Announces Change of Registry Address

Tyro Payments Ltd has announced a change in the address of its registry office in Sydney, which is now located at Liberty Place, Level 41, 161 Castlereagh St, Sydney NSW 2000. This change is in compliance with ASX Listing Rule 3.15.1 and is effective immediately. The relocation of the registry office is a logistical update and does not impact the company’s operations or stakeholder relations, as all contact numbers and postal addresses remain unchanged.