• EBITDA growth of 10.6% to $61.6 million with 28% margin
• Expanded into new verticals with $40B+ addressable market
• Launched new banking platform, driving 43% growth in active users

Tyro Payments Limited (Tyro) today announced its FY25 full year results, delivering in line with gross profit and EBITDA margin guidance and accelerating delivery of growth strategy initiatives. FY25 highlights include EBITDA growth of 10.6% to $61.6 million with a 28% EBITDA margin, gross profit growth of 4.4% to $220.1 million, and continued positive free cash flow generation. Tyro accelerated the delivery of key growth initiatives, including expansion into new industry sub-verticals such as pet health, aged care, unattended payments and automotive, which collectively present an addressable market opportunity of more than $40 billion. The company also enhanced its omnichannel payments offering with new product launches and saw a 43% increase in banking users, with one in three new merchants now opening a Tyro Bank Account. Tyro is well positioned to continue accelerating the delivery of its strategic priorities and unlock future growth, with a strong balance sheet and disciplined cost management. The company provided earnings guidance for FY26, expecting continued gross profit growth and improved operating efficiency.

For FY26, Tyro expects Gross Profit of $230 million to $240 million and an EBITDA margin of 28.5% to 30.0%.

Tyro is well positioned to accelerate the delivery of its strategic initiatives, including inorganic growth, while continuing to deliver strong outcomes for its merchants and shareholders. The company is encouraged by the positive trends in payment volumes and banking adoption into Q1 FY26, which supports its FY26 outlook.