Shares of Tyro Payments Ltd (TYR.AU) plunged 10.42% in Tuesday's trading session following the release of its fiscal year 2025 financial results, which fell short of analyst expectations. The payment solutions provider reported lower earnings and revenue compared to the previous year, disappointing investors and triggering a sell-off.

Tyro Payments announced earnings of AU$0.0331 per share for the fiscal year ended June 30, 2025, down from AU$0.0477 in the previous year and below the AU$0.04 per share forecast by analysts polled by FactSet. Revenue also declined to AU$487.3 million from AU$497.7 million a year earlier, missing the analyst consensus of AU$492.3 million. The company's net income for the fiscal year stood at AUD 17.8 million, while free cash flow was reported at AUD 19.6 million.

Despite the disappointing results, Tyro Payments provided guidance for fiscal year 2026, projecting gross profit growth between AU$230 million and AU$240 million and an EBITDA margin of 28.5% to 30%. However, this outlook did little to assuage investor concerns in the face of the current financial performance, leading to the significant drop in share price during the trading session.