Tyro Payments Reaffirms Fiscal 2025 Guidance

MT Newswires Live
2024-11-13

Tyro Payments (ASX:TYR) reaffirmed its guidance for the fiscal year 2025, according to a Wednesday filing with the Australian bourse.

The company continues to expect gross profit for fiscal 2025 to be between AU$216 million and AU$226 million, the filing said.

They also reaffirmed earnings before interest, tax, depreciation, and amortization (EBITDA) margin of around 28%.

The company sees EBITDA margin rising to 31% for fiscal 2027.

Tyro's shares rose almost 1% in recent Wednesday trade.

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