Tyro IPO, page-57

exactly. totally talking out their book rear end! Company has already tripled its revenue and continues to make the same amount of loss- around the 20million mark. This is EFTPOS not a wheel reinvention. since when does revenue amount to profit? The manager Jun Bei has no idea honestly. This isnt an online ecommerce software company or anything, and the comps - the banks, dont use EFTPOS as a profit making area either -banks are making their money through mortgages and business loans. Its such a skinny margin on EFTPOS anyway.