I agree with you @Pricklyman when you say TYR is fundamentally a different business to ZIP which is in the BNPL space & EML is in the gift card type payments area.
ZIP trades on (a multiple of -11) & EML ((a multiple of -1) ie: note negative PE not making a profit. TYR trading on a multiple of 56.
The huge difference is TYRO is the 5th largest merchant acquiring bank in Australia after the big 4. Thats quite a achievement to get to that sort of market share against the big 4 who have market cap's in the hundred of billions. Hence the reason why WBC made a offer some time ago. The next stage which is in its infancy is offering credit services to the merchants as they have a banking license.
Tyro Chart Analysis, page-359
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Last
89.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $471.3M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.5¢ | 88.0¢ | $2.179M | 2.437M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23876 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 59215 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| TYR (ASX) Chart |