One needs to look more closely at the details in their...

One needs to look more closely at the details in their announcements over a longer time period to better understand the impact.

Read my post where I analysed transaction value for the first 12 days of January - in the post I noted Tyro stated were 1-3% higher than the same period in the previous year. Given that December 2020 was 19% higher than the previous year (November was 13% higher) and that the breakdown did not occur until 7pm on 5 January then my estimate of the loss of transaction value for the 7 days to 12 January is about 25-30% which is a lot. We should have been expecting January transactions values to be around 20% higher (maybe more at the month,y trend was increasing) than the previous year but they were only very slightly higher.

My estimated impact of 25%-30% is a straightforward calculation.

By mixing the period up to 5 January when there were no problems with their machines,with the period from 6-12th January which were impacted, then IMO TYRO seem to be are trying to cover up the real impact in their announcement.

Consequently one can argue they have not been transparent. It is difficult to understand the impact from number of merchants or machines that are impacted but ultimately it only transaction valuation that matters.

I don't like companies that are not transparent. One cannot believe values were only impacted by 5% as it seems implausible when one looks more closely.

As machines are fixed the impact will reduce.