TYR 2.04% $1.00 tyro payments limited

Tyro, the trade of the year 2024 for me, with $130,000 market...

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    Tyro, the trade of the year 2024 for me, with $130,000 market value now 33% of my current portfolio.


    Tyro Payments Limited (TYR) is a technology-focused and values-driven Group providing Australian businesses with payment solutions and value adding business banking products. The Group provides simple, flexible, and reliable payment solutions as a merchant acquirer, along with complementary business banking products.

    H1 FY24: TYRO DELIVERS STRONG PROFITABILITY, WITH 40.6% EBITDA UPLIFT AND $105.2M GROSS PROFIT

    • Gross profit increased 10.5% on H1 FY23 to $105.2 million.

    • EBITDA increased 40.6% on H1 FY23 to $27.3 million, improving EBITDA margin by 5.6

    ppt to 26%.

    • Free cash flow increased 17.8x on H1 FY23 to $10.4 million.

    • Transaction value increased 2.2% on H1 FY23 to $22.2 billion.

    • Record results from Tyro Health with transaction value up 24% on H1 FY23.

    The price action on 3 April 2024 may indicate that the share price of TYRO is stabilised or building a base around at $1 with more $10 million volumes, which is substantial higher than average volume with a group of people maybe do not wish it fall future. This is the time when I decided to make the trade.

    This is most likely the trade of the year 2024 for me.

 
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Last
$1.00
Change
0.020(2.04%)
Mkt cap ! $524.0M
Open High Low Value Volume
98.0¢ $1.02 98.0¢ $7.489M 7.514M

Buyers (Bids)

No. Vol. Price($)
4 56367 99.5¢
 

Sellers (Offers)

Price($) Vol. No.
$1.01 6207 2
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
TYR (ASX) Chart
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