• 6.0% increase in payments gross profit
• EBITDA increased by 19.8% to $39.5 million, with EBITDA margin of 33.6%
• Statutory net profit before tax increased by 72.3% to $17.7 million

Tyro Payments Limited (Tyro or the Company) today announced its results for the six months to 31 December 2025 (H1 FY26). The Company reported strong top-line growth and a higher EBITDA margin driven by an improvement in payment volumes and operational discipline. H1 FY26 highlights include a 6.0% increase in payments gross profit, a 19.8% increase in EBITDA to $39.5 million with an EBITDA margin of 33.6%, a 72.3% increase in statutory net profit before tax to $17.7 million, and a 51.8% increase in free cash flow to $13.6 million. Tyro also delivered new transaction account and loan products as part of an enhanced banking proposition and announced the acquisition of Thriday, an AI-powered financial management product for small business owners. CEO Nigel Lee commented that the results demonstrate the strength of Tyro's omni-channel experience, integrated payments, and banking proposition, and that the company is focused on delivering the best solutions for its customers and supercharging its sales and go-to-market engine.

Tyro reaffirms its FY26 guidance of gross profit between $230m-$240m and an EBITDA margin in the range of 28.5%-30%.

Tyro is uniquely positioned to win in Australia, underpinned by strong capabilities and deep understanding of, and integration within, the local market. The company will continue to invest in capabilities that improve the merchant experience and make Tyro the first choice for Australian SMEs and larger merchants. The strength of Tyro's balance sheet and cash position provides capacity for the company to explore additional growth opportunities, whether that be organic or inorganic.