ASX:TYR

Today we look at Tyro’s trading update, their cash balance, and the impact of COVID-19 on their business. We then examine the outlook for the Tyro share price in light of its 75% drop in the space of just over a month. 

We look at what Tyro’s competitive advantage is after its IPO. Despite expecting a fourth consecutive annual loss next year, their success may hinge on their ability to become a neo-lender.