Ann: Tyro FY24 Full Year Results Investor Presentation, page-114

square want to break into Australia..

remember the bnpl ???

they all gone now.. only zip and after pay is left...

Australia is easy market to break into..

America is very hard and expensive to break into..

sqaure dont want to partner with tyr.. they got billions in cash..

why not just buy tyr out...

tyr is doing great getting the crumbs from banks..

crumbs are still lot of money...

so tyr should keep on crumbing all the way...

dont take on the banks... they got unlimited cash...

just take bit from bank shares..

this is how you survive a battle when your outnumbered and poor...