TYR 1.02% 99.0¢ tyro payments limited

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

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    " 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.
 
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