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Australia's Tyro Payments hits over 5-month high as FY profit soars



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** Shares of Tyro Payments TYR.AX rise as much as 15.3% to A$1.130, their highest level since March 14

** Tech co's statutory net profit after tax increases four-fold to A$25.7 mln ($17.46 mln) for FY24

** Co's revenue from ordinary activities rises 8.2%

** Sees gross profit of between A$218 mln and A$226 mln in FY25, higher than A$210.8 mln in FY24

** About 6.5 mln shares change hand compared to 30-day average trading volume of 1.7 mln shares

** Stock down 11.3% YTD as of last close



($1 = 1.4717 Australian dollars)



Reporting by John Biju in Bengaluru

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