Australia's Tyro Payments climbs on upbeat first half profit

Tyro Payments

24/02/2026 03:36

** Shares of Tyro Payments TYR.AX advance as much as 9.09% to A$1.020, posting their biggest intraday pct gain since August 13, 2025

** Stock hits highest since January 15

** Card‑payments machine maker reports a 72.3% YoY surge in HY statutory pre‑tax profit to A$17.7 million ($12.51 million); rev edged 1.1% higher

** Reaffirmed its FY26 outlook, targeting gross profit of A$230 million to A$240 million and an EBITDA margin of 28.5%–30%; FY25 gross profit was A$220.1 million at 28% operating margin

** Stock down 5.5% YTD

($1 = 1.4152 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))