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Tyro Payments Limited (ASX:TYR)

ALERT: Price-sensitive ASX Announcement for TYR
Current share price for TYR : $0.850 -0.085 (-9.09%)+
Announcement
Release
24 Feb 2026 8:27AM
Price at Release
$0.935
Full Release
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Summary
Tyro Payments Limited has reported strong financial performance for the first half of FY26, ending 31 December 2025. The company achieved significant top-line growth with a 6.0% increase in payments gross profit, and a notable 19.8% rise in EBITDA to $39.5 million, reflecting a 33.6% EBITDA margin. Statutory net profit before tax surged by 72.3% to $17.7 million, and free cash flow grew by 51.8% to $13.6 million. Tyro also launched new banking products, including the Tyro Transaction Account and Tyro Flexi Loan, contributing to a 38% increase in transaction accounts. The acquisition of Thriday, an AI-powered financial management product for SMEs, is expected to enhance future growth opportunities. Tyro reaffirmed its FY26 guidance with gross profit projected between $230 million and $240 million, and an EBITDA margin of 28.5% to 30%.
Key Points
  • Strong top-line growth and higher profitability reported for H1 FY26.
  • EBITDA increased by 19.8% to $39.5 million with a margin of 33.6%.
  • Statutory net profit before tax rose by 72.3% to $17.7 million.
  • Free cash flow increased by 51.8% to $13.6 million.
  • Launch of new Tyro Transaction Account and Tyro Flexi Loan.
  • Acquisition of Thriday to support SME financial management.
  • FY26 guidance confirms gross profit between $230m–$240m.
  • Increased transaction accounts by 38%.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.