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Small Cap Stocks Down Under 11 March 2022: Tyro Payments (ASX:TYR)
Tyro Payments: Another summer from hell, but can it return to heaven?
In today’s edition of Small Cap Stocks Down Under, we look at Australia’s largest provider of EFTPOS terminals and merchant payment services outside the big four banks – Tyro Payments. It has just endured its third consecutive summer downturn with the Corona Crash in 2019-20, the notorious malfunction in 2020-21 and Omicron in 2021-22. After the last two summers it rebounded, but can it happen again? We think if Tyro can continue to expand its market share, it will bounce back.
Click here to read the previous edition of Small Cap Stocks Down Under published 4 March 2022.