I think the result is broadly in line. Guidance for the year reaffirmed but looks mostly unchanged from August 23, although transaction volume reduced slightly.
I can't say how the market reacts, it can be so sentimental. Some optimists may be disappointed there wasn't a clear beat. Or it may well be encouraged that Tyro have hit targets, and growing free cashflow. In the past, market seems to have doubted Tyro's credibility, eg when we went sub 1$. I do think the result strengthens credibility.
TYR Price at posting:
$1.20 Sentiment: Hold Disclosure: Held
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