Tyro Payments Limited reported strong financial results for FY24, with a four-fold increase in net profit to $25.7 million and a five-fold increase in free cash flow to $30.4 million.
Gross profit grew 9.1% to $210.8 million, driven by successful pricing transformation, 21% growth in Health transaction volume, and strong uptake of integrated banking.
EBITDA grew 31.6% to $55.7 million, with an EBITDA margin of 26.4%.
The company continued to enhance its merchant value proposition and partner innovation, launching new products and features while expanding its partner network.
ASX Code: TYR