Tyro Payments Ltd (TYR.AU) stock is soaring 5.13% in intraday trading on Wednesday, following the release of its Full Year 2025 financial results. The surge in stock price appears to be driven by the company's earnings per share (EPS) outperforming analyst expectations, despite some mixed overall results.
According to the report, Tyro Payments posted revenue of AU$487.3 million, down 2.1% from the previous year but in line with analyst estimates. The company's net income decreased by 31% to AU$17.8 million, resulting in a lower profit margin of 3.7% compared to 5.2% in FY 2024. However, the standout figure was the EPS of AU$0.034, which surpassed analyst estimates by an impressive 24%.
Looking ahead, Tyro Payments' future appears promising, with revenue forecast to grow at an average of 4.5% per annum over the next three years. This outlook contrasts positively with the projected 6.7% decline for the Australian Diversified Financial industry. The market's reaction to these results has been notably positive, with the stock price already up 2.6% over the past week before today's significant jump.