TYR 1.12% 90.5¢ tyro payments limited

Ann: Trading Halt, page-63

  1. 18 Posts.
    Hi Jeev,

    Once again, I like your analysis, appreciate the detail.

    A question that I was asking myself after reading the Viceroy report and confirming the financials with the TYR 2020 Annual Report is:
    What is Tyro's trajectory to turning a profit? Is there any reporting or forecasted budgets that you could point me to which shows this?

    I understand there are costs involved with growth but the NPAT loss has been getting larger each year.

    A lot of people keep saying they are the cheapest, but maybe they are too cheap to ever turn an operating profit? And considering these costly interruptions (likely a few $m in compensation, logistics and costs of bringing in Amtek) are going to happen every 5-10 years, maybe that's why some of the banks are de-risking their terminal payments businesses (e.g. ANZ and Worldline JV).
 
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