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Bravura Solutions Limited (ASX:BVS)

ALERT: Price-sensitive ASX Announcement for BVS
Current share price for BVS : $1.990 -0.41 (-17.08%)+
Announcement
Release
11 Feb 2026 9:01AM
Price at Release
$2.400
Full Release
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Summary
Bravura Solutions Limited reported a successful first half of the 2026 financial year, with total revenue increasing by 9.8% compared to the prior corresponding period (pcp). This growth was mainly driven by price increases and an expansion in professional services revenue streams. The company also recorded a significant improvement in EBITDA, which rose by $14.1 million to $37.9 million, due in part to decreased operating expenses from reduced headcount and lower professional fees. Despite a decrease in right-of-use lease expenses by 17.4%, the company managed a stronger net interest and foreign exchange gain of $3.4 million, attributed to the British Pound's strength. Net profit after tax (NPAT) increased by $14.5 million to $25.8 million, reflecting improved operating performance. The company declared dividends totaling 10.23 cents per share for FY26, highlighting strong cash generation and capital management. Bravura Solutions plans to continue its focus on organic and inorganic growth opportunities, while enhancing operational structures to deliver better customer outcomes.
Key Points
  • Total revenue increased 9.8% in 1H26 due to price increases and growth in professional services.
  • EBITDA rose by $14.1 million to $37.9 million, with a decrease in operating expenses.
  • Right-of-use lease expenses reduced by 17.4% due to renegotiated office leases.
  • Net interest and FX gain improved to $3.4 million, driven by a strong British Pound.
  • NPAT increased by $14.5 million to $25.8 million due to better operating performance.
  • Declared dividends totalled 10.23 cents per share for FY26.
  • Focus on strong cash generation and capital management.
  • Plans for organic and inorganic growth opportunities continue.
  • Emphasis on enhancing operational structures for better customer outcomes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.