Tyro Payments Limited

ASX:TYR Stock Report

Market Cap: AU$446.6m

Tyro Payments Past Earnings Performance

Past criteria checks 2/6

Tyro Payments has been growing earnings at an average annual rate of 66.1%, while the Diversified Financial industry saw earnings growing at 34.1% annually. Revenues have been growing at an average rate of 16.2% per year. Tyro Payments's return on equity is 10.2%, and it has net margins of 5.2%.

Key information

66.14%

Earnings growth rate

66.25%

EPS growth rate

Diversified Financial Industry Growth13.42%
Revenue growth rate16.24%
Return on equity10.21%
Net Margin5.16%
Next Earnings Update25 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 10

TYR: Stable Assumptions And Weaker Outlook Will Sustain Overvalued View

Analysts have slightly adjusted their A$ price target range for Tyro Payments, reflecting updated assumptions for revenue growth, discount rate and future P/E that remain broadly consistent with prior views. What's in the News No recent company specific news or key developments for Tyro Payments were provided in the available sources.
Narrative Update May 27

TYR: Index Inclusion Will Support Forward Re Rating Potential

Analysts have reduced their Tyro Payments price target from about A$1.40 to around A$1.23. This reflects updated views on slightly higher discount rates, more moderate revenue growth, softer profit margins and a modestly higher future P/E multiple.
Narrative Update May 10

TYR: Index Addition And Reaffirmed Guidance Will Support Fairly Valued Outlook

Analysts have modestly adjusted their A$ price target for Tyro Payments, reflecting slightly higher revenue expectations, a small change in the discount rate, and a steady fair value estimate supported by a broadly unchanged profit margin and future P/E assumption. What's in the News Tyro Payments Limited (ASX:TYR) has been added to the S&P/ASX Emerging Companies Index, which can increase the stock's visibility with index-linked and institutional investors (Key Developments).
Narrative Update Apr 23

TYR: Index Inclusion And Guidance Reaffirmation Will Still Limit Upside

Narrative Update on Tyro Payments Analysts have lifted their price target on Tyro Payments to A$0.70 from A$0.70, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples while keeping their fair value estimate unchanged at A$0.70. What's in the News Tyro Payments was added to the S&P/ASX Emerging Companies Index, which can increase visibility among index and small cap investors (index announcement).
Narrative Update Apr 09

TYR: Trimmed Fair Value And Lower Future P E Will Limit Upside

Analysts have trimmed their fair value estimate for Tyro Payments from A$0.90 to A$0.70, reflecting updated assumptions for slower revenue growth, a slightly higher discount rate, a modestly higher profit margin, and a lower future P/E multiple. What's in the News Tyro Payments Limited (ASX:TYR) is being added to the S&P/ASX Emerging Companies Index, which may increase the company's visibility to index-tracking investors and fund managers (Key Developments).
Narrative Update Mar 12

TYR: Reaffirmed 2026 Earnings Guidance Will Support Upside Repricing

Analysts have made a small adjustment to their A$ price target for Tyro Payments, reflecting only minor tweaks to discount rate, revenue growth, profit margin assumptions and future P/E expectations in their updated valuation work. What's in the News Tyro Payments reaffirmed earnings guidance for fiscal 2026, with gross profit expected to be in the range of $230 million to $240 million.
Narrative Update Feb 25

TYR: Refined Assumptions And Higher P/E Will Likely Keep Shares Fairly Priced

Analysts have reduced their price target for Tyro Payments to reflect a fair value adjustment from 1.0 to 0.9 A$, incorporating slightly lower revenue growth and profit margin assumptions, along with a modestly higher future P/E multiple, now at 37.06x. Valuation Changes Fair Value: reduced from A$1.0 to A$0.9, reflecting a 10% cut to the assessed value per share.
Narrative Update Feb 11

TYR: Leadership Changes And Refined Assumptions Will Likely Keep Shares Fairly Priced

Analysts have trimmed their price target on Tyro Payments to reflect a slightly higher discount rate and modest tweaks to revenue growth, margin, and future P/E assumptions. This has resulted in a lower implied valuation in A$ terms than before.
Narrative Update Jan 26

TYR: Leadership Transition And Minor Assumption Tweaks Will Likely Keep Shares Steady

Analysts have trimmed their price target for Tyro Payments from A$1.00 to A$0.71, pointing to only slight adjustments in discount rate, revenue growth, profit margin and future P/E assumptions to justify the change. What's in the News Tyro Payments confirmed the departure arrangements for outgoing CEO and Managing Director Jon Davey, with his final day set for 5 December 2025.
Narrative Update Jan 12

TYR: Leadership Changes And Steady Assumptions Will Likely Keep Shares Near Fair Value

Analysts have adjusted their price target on Tyro Payments slightly, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E. Together these changes fine tune their view of fair value, although the headline fair value estimate remains at A$1.00.
Narrative Update Dec 14

TYR: Leadership Transition Will Support Margins As Shares Likely Trade Around Fair Value

Analysts have modestly lifted their price target on Tyro Payments to reflect improved expectations for revenue growth and profit margins, now valuing the stock at approximately $1.00 per share. What's in the News Outgoing CEO and Managing Director Jon Davey will leave Tyro Payments on 5 December 2025, as previously announced.
Analysis Article Aug 13

There's Reason For Concern Over Tyro Payments Limited's (ASX:TYR) Massive 30% Price Jump

Tyro Payments Limited ( ASX:TYR ) shareholders have had their patience rewarded with a 30% share price jump in the last...
Analysis Article May 09

Tyro Payments Limited's (ASX:TYR) Price Is Right But Growth Is Lacking After Shares Rocket 30%

Tyro Payments Limited ( ASX:TYR ) shareholders would be excited to see that the share price has had a great month...
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New Narrative Feb 09

Expanding Into Healthcare And New Verticals Will Support Growth But Faces Risks From Economic Headwinds And Competition

Expansion into niche markets and new verticals could drive future revenue growth and diversify revenue streams.
Analysis Article Jul 01

A Look At The Fair Value Of Tyro Payments Limited (ASX:TYR)

Today we will run through one way of estimating the intrinsic value of Tyro Payments Limited ( ASX:TYR ) by taking the...
Analysis Article Mar 23

When Will Tyro Payments Limited (ASX:TYR) Become Profitable?

We feel now is a pretty good time to analyse Tyro Payments Limited's ( ASX:TYR ) business as it appears the company may...

Revenue & Expenses Breakdown

How Tyro Payments makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:TYR Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25489251310
30 Sep 25488221320
30 Jun 25486181330
31 Mar 25484241330
31 Dec 24483311330
30 Sep 24477281330
30 Jun 24471261330
31 Mar 24464181310
31 Dec 23456101300
30 Sep 2344881370
30 Jun 2344061440
31 Mar 23419-21500
31 Dec 22397-101560
30 Sep 22362-201500
30 Jun 22326-301440
31 Mar 22299-371400
31 Dec 21272-441350
30 Sep 21253-371280
30 Jun 21233-301210
31 Mar 21217-261150
31 Dec 20200-221090
30 Sep 20203-301080
30 Jun 20206-381070
31 Mar 20211-341050
31 Dec 19215-301030
30 Sep 19203-24990
30 Jun 19190-18950
30 Jun 18147-17800
30 Jun 17119-15670
30 Jun 1695-1450

Quality Earnings: TYR has high quality earnings.

Growing Profit Margin: TYR's current net profit margins (5.2%) are lower than last year (6.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TYR has become profitable over the past 5 years, growing earnings by 66.1% per year.

Accelerating Growth: TYR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TYR had negative earnings growth (-18.2%) over the past year, making it difficult to compare to the Diversified Financial industry average (26.2%).


Return on Equity

High ROE: TYR's Return on Equity (10.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 19:26
End of Day Share Price 2026/06/17 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tyro Payments Limited is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen HumphriesCanaccord Genuity
Elijah MayrCLSA
Ashwini ChandraGoldman Sachs