Tyro Payments Limited (TYPMF)
Tyro Payments Limited operates in the Software - Infrastructure industry of the Technology sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.53, up 0.00% on the session, giving a market capitalisation of $277.8M. On trailing twelve-month figures it carries a trailing P/E of 18.44, a net margin of 5.3%. Its beta of 1.58 implies it has historically moved more than the broad market.
Tyro Payments Limited is an Australian company that provides a comprehensive suite of payment and banking services to businesses throughout the country. Its operations are organized into two distinct divisions: Payments and Banking. Within its Payments segment, Tyro offers electronic funds transfer at point of sale (EFTPOS) solutions, handles the processing and acquisition of credit, debit, and EFTPOS card transactions, and manages claiming and rebate services for Medicare and private health funds. Innovative payment products include Tyro Go, a mobile card reader; Tyro Connect, a platform designed to integrate various applications and services with point-of-sale systems for hospitality venues like cafes, restaurants, quick-service eateries, pubs, clubs, and bars; and Medipass, a digital health payment ecosystem connecting practitioners, funders, and patients. The Banking division extends its offerings to business loans and supplementary financial products such as merchant cash advances, transaction accounts, and term deposit options. Tyro serves a wide range of sectors, including healthcare, hospitality, various service industries, corporate clients, accommodation providers, and retail businesses. The company was founded in 2003 and is headquartered in Sydney, Australia.
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