TYR 5.98% 86.5¢ tyro payments limited

Tyro is looking to be my personal trade of the year in 2024, page-5

  1. 40 Posts.
    lightbulb Created with Sketch. 8
    " Transaction value increased 2.2% on H1 FY23 to $22.2 billion."

    Transaction value needs to be running ahead of inflation otherwise TYR is falling behind. Costs - especially on wages - is running above inflation. These two major trends is what underpins the SP.

    Also, given customer acquisition is still running at ~20%, it indicates how substantial the turnover fall is on their existing customer base.
 
watchlist Created with Sketch. Add TYR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.