Two honest gaps, both worth knowing before you commit an event. Tournamyx records match results and standings — it does not keep a point-by-point or game-by-game live scoreboard, so if what you want is a live 40–30 on a public screen, this is not that product.
The second is the back draw. Feed-in consolation, where first-round losers drop into a secondary draw played for its own placings, is standard in junior tennis and Tournamyx does not run it. What it does run is double elimination: a first loss drops a player into a losers bracket that leads back to the final, so nobody goes home after one match — but the second draw is a route to the title, not a separate consolation event, and the two are not interchangeable if your rules specify a back draw.
What does work is the main draw run properly: seeds spread, byes placed, matches allocated to real courts, results entered from any phone at the desk or courtside, and one public link that parents and players open without an account. If your event is a straight draw plus a schedule, that is the whole job. If it needs a true consolation bracket, better to know now.