Briefs: Tyro upgrades earnings guidance, PEXA appoints CFO
Payments company Tyro has upgraded its 2022/23 earnings guidance, saying it expects EBITDA to be between A$41 million and $43 million. Previous guidance was for EBITDA of $37 million to $41 million. The company said the revised guidance is based on strong business performance in the 10 months to the end of April and a focus on cost reduction. It said it remains in talks with Potentia Capital Management “in relation to a possible change of control transaction”.
Digital property exchange operator PEXA has expanded the role of its chief growth officer Scott Butterworth, giving him the additional role of chief financial officer. Butterworth joined PEXA in 2021 as chief data and analytics officer and last year was appointed chief growth officer. He was previously CFO at law firm Slater and Gordon and has held executive roles at NAB, Westpac, Clydesdale Bank and Boston Consulting Group. In his new role, he replaces outgoing CFO Richard Moore.