Ann: Half Yearly Report and Accounts, page-4

lol every report the same thing. It’s always the next report they will be cashflow positive but seems to never ever happen. Note Sezzle and Zip were chasing growth too they will never make a profit and will collapse soon. Tyro is in a different business I admit but there comes a time you need to stop chasing growth but rather be profitable and organically grow. It’s not like Tyro is a new business it’s been in operation in the same market for over 15 years. People will use less cash and more card transactions but don’t be fooled that’s not because of Tyro marketing efforts it’s due to covid and people not want to exchange filthy cash. So I’d suggest shareholders start making noise on how Tyro will make a profit because eventually disrupters with new technology will swoop in and you’ll find yourself in a business that never turned a profit except for management.