Balance Sheet Tyro Payments Limited

Equities

TYR

AU0000066508

Business Support Services

Market Closed - Australian S.E. Other stock markets 12:10:37 2025-01-15 am EST			5-day change	1st Jan Change
0.8250 ^AUD	-0.60%		-1.79%	+1.23%

Nov. 13	Tyro Payments Reaffirms Fiscal 2025 Guidance	MT
Nov. 13	Tyro Payments Limited - Shareholder/Analyst Call

4519856a.51qObd3JGoBou9-GXEsfm33JCNJo31bFM-gf7HeeWJY.qiq-MrmmN_csyojXHwZn1TGdOKMqkiCvZbtemx_vCK-zauIjifwo8ibetA

Published financial data: TYRO PAYMENTS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	203M	229M	319M	419M	455M
Gain (Loss) on Sale of Investment, Total (Rev)	19K	-	-	-	17.21M
Interest And Invest. Income (Rev)	5.96M	2.9M	5.63M	18.71M	25.87M
Other Revenues, Total	1.87M	1.27M	1.67M	2.28M	-
Total Revenues	211M	233M	326M	440M	498M
Cost of Goods Sold, Total	117M	119M	171M	235M	272M
Gross Profit	93.48M	114M	155M	204M	226M
Selling General & Admin Expenses, Total	107M	121M	144M	163M	133M
Stock-Based Compensation (IS)	-	-	-	-	-
Depreciation & Amortization - (IS)	12.52M	15.36M	31.68M	36.36M	40.89M
Other Operating Expenses	1.96M	1.24M	1.12M	-1.03M	4.05M
Other Operating Expenses, Total	121M	138M	177M	198M	177M
Operating Income	-27.79M	-23.31M	-22.5M	6.3M	48.4M
Interest Expense, Total	-535K	-517K	-3.56M	-3.71M	-4.95M
Net Interest Expenses	-535K	-517K	-3.56M	-3.71M	-4.95M
Income (Loss) On Equity Invest.	-	-1.12M	-3.56M	-131K	-1.06M
Other Non Operating Income (Expenses)	-9.73M	313K	-	-	-
EBT, Excl. Unusual Items	-38.06M	-24.63M	-29.62M	2.46M	42.38M
Asset Writedown	-	-277K	-	-	-18.99M
Legal Settlements	-	-	-	-	-1.03M
Other Unusual Items	-	-4.86M	-	-	-
EBT, Incl. Unusual Items	-38.06M	-29.78M	-29.62M	2.46M	22.36M
Income Tax Expense	-	48K	-	-3.55M	-3.35M
Earnings From Continuing Operations	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Net Income to Company	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Net Income - (IS)	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Net Income to Common Incl Extra Items	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Net Income to Common Excl. Extra Items	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Per Share Items
Net EPS - Basic	-0.08	-0.06	-0.06	0.01	0.05
Basic EPS - Continuing Operations	-0.08	-0.06	-0.06	0.01	0.05
Basic Weighted Average Shares Outstanding	476M	506M	516M	519M	523M
Net EPS - Diluted	-0.08	-0.06	-0.06	0.01	0.05
Diluted EPS - Continuing Operations	-0.08	-0.06	-0.06	0.01	0.05
Diluted Weighted Average Shares Outstanding	476M	506M	516M	536M	538M
Normalized Basic EPS	-0.05	-0.03	-0.04	0	0.05
Normalized Diluted EPS	-0.05	-0.03	-0.04	0	0.05
Supplemental Items
EBITDA	-18.28M	-11.7M	1.01M	33.21M	77.15M
EBITA	-27.74M	-22.33M	-10.82M	17.95M	58.78M
EBIT	-27.79M	-23.31M	-22.5M	6.3M	48.4M
EBITDAR	-	-	-	-	77.44M
Total Revenues (As Reported)	211M	239M	326M	440M	498M
Effective Tax Rate - (Ratio)	-	-0.16	-	-144.33	-14.97
Deferred Domestic Taxes	-	48K	0	-3.55M	-3.35M
Total Deferred Taxes	-	48K	0	-3.55M	-3.35M
Normalized Net Income	-23.79M	-15.4M	-18.51M	1.54M	26.49M
Interest on Long-Term Debt	648K	365K	1.01M	1.46M	1.39M
Supplemental Operating Expense Items
Marketing Expenses	5.72M	5.42M	5.53M	8.2M	10.39M
Selling and Marketing Expenses	5.72M	5.42M	5.53M	8.2M	10.39M
General and Administrative Expenses	22.51M	30.1M	41.02M	46.39M	22.37M
Research And Development Expense From Footnotes	165K	851K	-	-	-
Net Rental Expense, Total	-	-	-	-	292K
Imputed Operating Lease Interest Expense	-	-	-	-	356K
Imputed Operating Lease Depreciation	-	-	-	-	-63.52K
Stock-Based Comp., SG&A Exp. (Total)	10.9M	9.34M	5.2M	11.16M	3.86M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	10.9M	9.34M	5.2M	11.16M	3.86M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	104M	84.52M	36.88M	42.6M	50.77M
Short Term Investments	10.82M	5M	10.47M	15.45M	34.71M
Total Cash And Short Term Investments	115M	89.52M	47.36M	58.06M	85.48M
Accounts Receivable, Total	15.12M	17.08M	22.7M	19.54M	44.18M
Other Receivables	53K	13K	-	5.82M	-
Notes Receivable	9.84M	13.41M	34.26M	43.76M	36.68M
Total Receivables	25.01M	30.5M	56.97M	69.12M	80.86M
Inventory	60K	128K	388K	2.03M	783K
Prepaid Expenses	2.22M	3.34M	3.64M	6.24M	4.8M
Other Current Assets, Total	8.43M	14.19M	14.7M	15.78M	16.29M
Total Current Assets	150M	138M	123M	151M	188M
Gross Property Plant And Equipment	66.21M	78.81M	130M	141M	164M
Accumulated Depreciation	-44.41M	-51.13M	-57.42M	-72.02M	-88.61M
Net Property Plant And Equipment	21.79M	27.68M	72.61M	69.13M	74.96M
Long-term Investments	70.3M	74.07M	64.16M	60.88M	67.98M
Goodwill	-	13.69M	13.69M	13.69M	13.69M
Other Intangibles, Total	5.37M	127M	118M	113M	84.08M
Loans Receivable Long-Term	2.08M	1.98M	5.24M	6.76M	2.65M
Deferred Tax Assets Long-Term	13.98M	13.86M	12.99M	16.54M	19.88M
Total Assets	264M	396M	410M	431M	451M
Liabilities
Accounts Payable, Total	665K	3.99M	6.37M	3.48M	1.02M
Accrued Expenses, Total	10.46M	28.22M	31.23M	33.03M	39.11M
Current Portion of Leases	4.67M	2.81M	1.9M	4.39M	4.8M
Other Current Liabilities	54.09M	87.86M	93.63M	106M	120M
Total Current Liabilities	69.89M	123M	133M	147M	165M
Long-Term Leases	2.81M	-	32.1M	29.17M	26.74M
Deferred Tax Liability Non Current	-	870K	-	-	-
Other Non Current Liabilities	1.42M	91.7M	85.26M	77.3M	51.66M
Total Liabilities	74.12M	215M	250M	253M	244M
Common Stock, Total	266M	274M	279M	279M	279M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-102M	-132M	-162M	-156M	-130M
Comprehensive Income and Other	26.37M	38.47M	42.87M	54.32M	58.58M
Total Common Equity	190M	181M	160M	178M	208M
Total Equity	190M	181M	160M	178M	208M
Total Liabilities And Equity	264M	396M	410M	431M	451M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	500M	513M	518M	522M	525M
ECS Total Common Shares Outstanding	499M	512M	518M	521M	525M
Book Value / Share	0.38	0.35	0.31	0.34	0.4
Tangible Book Value	184M	39.8M	27.57M	51.18M	110M
Tangible Book Value Per Share	0.37	0.08	0.05	0.1	0.21
Total Debt	7.48M	2.81M	33.99M	33.56M	31.54M
Net Debt	-107M	-86.71M	-13.37M	-24.49M	-53.94M
Debt Equivalent Oper. Leases	-	-	-	-	2.34M
Equity Method Investments, Total	-	5M	1.94M	1.81M	748K
Account Code - Inventory Valuation	3	3	3	-	3
Machinery, Total	54.01M	72.34M	88.66M	104M	130M
Full Time Employees	-	-	-	647	626
Accumulated Allowance for Doubtful Accounts (Supple)	38K	59K	38K	41K	44K

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-38.06M	-29.82M	-29.62M	6.01M	25.7M
Depreciation & Amortization - CF	12.31M	13.53M	15.89M	18.89M	21.88M
Amortization of Goodwill and Intangible Assets - (CF)	53K	984K	11.68M	11.65M	10.38M
Depreciation & Amortization, Total	12.36M	14.51M	27.56M	30.54M	32.26M
Amortization of Deferred Charges, Total - (CF)	165K	851K	4.12M	5.82M	8.63M
(Gain) Loss From Sale Of Asset	-190K	-107K	-	-	-
Asset Writedown & Restructuring Costs	2.34M	277K	-	-2.68M	18.99M
Provision for Credit Losses	1.09M	-548K	-27K	4.58M	4.41M
(Income) Loss On Equity Investments - (CF)	-	1.12M	3.56M	131K	1.06M
Stock-Based Compensation (CF)	10.9M	9.34M	5.2M	11.16M	3.86M
Other Operating Activities, Total	910K	1.48M	3.63M	-4.27M	-17.93M
Change In Accounts Receivable	-	-	-5.53M	-2.66M	-22.91M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-	-	2.29M	-7.48M	20.65M
Change In Deferred Taxes	-	998K	-	-	-
Change in Other Net Operating Assets	18.68M	12.94M	-36.5M	-22.09M	-22.97M
Cash from Operations	8.19M	11.04M	-25.32M	19.06M	51.76M
Capital Expenditure	-1.66M	-1.2M	-13.86M	-534K	-968K
Sale of Property, Plant, and Equipment	-	-	166K	1.26M	-
Sale (Purchase) of Intangible assets	-3.08M	-28.08M	-10.5M	-14.54M	-12.3M
Investment in Marketable and Equity Securities, Total	-42.78M	-395K	-73K	1.66M	-27.35M
Other Investing Activities, Total	405K	376K	-	-	-
Cash from Investing	-47.12M	-29.3M	-24.26M	-12.16M	-40.62M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-4.82M	-5.07M	-2.79M	-1.17M	-3.02M
Total Debt Repaid	-4.82M	-5.07M	-2.79M	-1.17M	-3.02M
Issuance of Common Stock	129M	4.06M	4.36M	624K	44K
Other Financing Activities, Total	-5.01M	-	-	-	-
Cash from Financing	119M	-1.01M	1.57M	-549K	-2.97M
Foreign Exchange Rate Adjustments	-310K	27K	371K	-633K	-
Net Change in Cash	79.86M	-19.24M	-47.64M	5.72M	8.17M
Supplemental Items
Cash Interest Paid	487K	415K	581K	1.41M	3.12M
Levered Free Cash Flow	28.52M	22.95M	-19.18M	27.86M	67.16M
Unlevered Free Cash Flow	28.85M	23.28M	-16.95M	30.18M	70.26M
Change In Net Working Capital	-27.55M	-42.42M	15.41M	6.21M	-8.53M
Net Debt Issued / Repaid	-4.82M	-5.07M	-2.79M	-1.17M	-3.02M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	-8.42	-4.42	-3.49	0.94	6.86
Return on Total Capital	-11.97	-7.65	-7.46	1.95	13.43
Return On Equity %	-26.92	-16.1	-17.41	3.57	13.34
Return on Common Equity	-26.92	-16.1	-17.41	3.57	13.34
Margin Analysis
Gross Profit Margin %	44.37	48.98	47.43	46.47	45.38
SG&A Margin	50.69	51.86	44.27	37	26.63
EBITDA Margin %	-8.68	-5.02	0.31	7.55	15.5
EBITA Margin %	-13.17	-9.57	-3.32	4.08	11.81
EBIT Margin %	-13.19	-9.99	-6.9	1.43	9.72
Income From Continuing Operations Margin %	-18.06	-12.78	-9.08	1.37	5.16
Net Income Margin %	-18.06	-12.78	-9.08	1.37	5.16
Net Avail. For Common Margin %	-18.06	-12.78	-9.08	1.37	5.16
Normalized Net Income Margin	-11.29	-6.6	-5.68	0.35	5.32
Levered Free Cash Flow Margin	13.54	9.84	-5.88	6.33	13.49
Unlevered Free Cash Flow Margin	13.7	9.97	-5.2	6.86	14.12
Asset Turnover
Asset Turnover	1.02	0.71	0.81	1.05	1.13
Fixed Assets Turnover	10.4	9.43	6.5	6.21	6.91
Receivables Turnover (Average Receivables)	9.47	14.24	16.02	19.83	14.27
Inventory Turnover (Average Inventory)	1.95K	1.27K	664.59	194.97	193.49
Short Term Liquidity
Current Ratio	2.15	1.12	0.92	1.03	1.14
Quick Ratio	1.86	0.87	0.53	0.57	0.78
Operating Cash Flow to Current Liabilities	0.12	0.09	-0.19	0.13	0.31
Days Sales Outstanding (Average Receivables)	38.66	25.64	22.78	18.41	25.65
Days Outstanding Inventory (Average Inventory)	0.19	0.29	0.55	1.87	1.89
Average Days Payable Outstanding	6.22	7.14	11.01	7.58	3.04
Cash Conversion Cycle (Average Days)	32.63	18.79	12.32	12.7	24.5
Long Term Solvency
Total Debt/Equity	3.94	1.56	21.3	18.89	15.19
Total Debt / Total Capital	3.79	1.53	17.56	15.89	13.19
LT Debt/Equity	1.48	-	20.11	16.42	12.88
Long-Term Debt / Total Capital	1.43	-	16.58	13.81	11.18
Total Liabilities / Total Assets	28.09	54.39	61.08	58.78	54
EBIT / Interest Expense	-51.95	-45.09	-6.32	1.7	9.77
EBITDA / Interest Expense	-28.85	-17.02	1.42	9.92	16.28
(EBITDA - Capex) / Interest Expense	-31.96	-19.35	-2.47	9.78	16.09
Total Debt / EBITDA	-0.48	-0.32	6.71	0.91	0.39
Net Debt / EBITDA	6.94	9.86	-2.64	-0.66	-0.67
Total Debt / (EBITDA - Capex)	-0.44	-0.28	-3.87	0.92	0.4
Net Debt / (EBITDA - Capex)	6.26	8.67	1.52	-0.67	-0.68
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.02	13.06	39.74	34.84	13.17
Gross Profit, 1 Yr. Growth %	12.27	28.13	35.3	32.11	19.88
EBITDA, 1 Yr. Growth %	47.29	-48.06	-108.65	3.18K	136.88
EBITA, 1 Yr. Growth %	36.89	-30.2	-51.53	-265.89	239.51
EBIT, 1 Yr. Growth %	37.16	-27.25	-3.47	-128.02	754.33
Earnings From Cont. Operations, 1 Yr. Growth %	106.39	-21.64	-0.69	-120.3	327.49
Net Income, 1 Yr. Growth %	106.39	-21.64	-0.69	-120.3	327.49
Normalized Net Income, 1 Yr. Growth %	87.82	-41.24	20.23	-108.31	4.09K
Diluted EPS Before Extra, 1 Yr. Growth %	91.95	-26.2	-2.65	-119.5	325.92
Accounts Receivable, 1 Yr. Growth %	-45.48	12.98	32.81	-13.94	126.1
Inventory, 1 Yr. Growth %	0	113.33	203.12	422.42	-61.37
Net Property, Plant and Equip., 1 Yr. Growth %	16.33	27.01	162.31	-4.79	8.44
Total Assets, 1 Yr. Growth %	77.47	50.14	3.75	5.11	4.74
Tangible Book Value, 1 Yr. Growth %	103.56	-78.41	-30.73	85.66	114.73
Common Equity, 1 Yr. Growth %	103.85	-4.77	-11.66	11.33	16.88
Cash From Operations, 1 Yr. Growth %	-158.82	34.77	-329.28	-175.28	171.57
Capital Expenditures, 1 Yr. Growth %	59.14	-27.54	1.05K	-96.15	81.27
Levered Free Cash Flow, 1 Yr. Growth %	-2.17K	-11.24	-187.22	-245.27	149.22
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.2K	-11.14	-175.99	-278.01	135.96
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	19.67	10.9	25.7	37.27	23.53
Gross Profit, 2 Yr. CAGR %	17.29	17.18	31.66	33.7	20.84
EBITDA, 2 Yr. CAGR %	27.58	-2.9	-78.8	68.44	772.71
EBITA, 2 Yr. CAGR %	23.13	4.97	-41.84	-10.33	133.06
EBIT, 2 Yr. CAGR %