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The latest announcement is out from Bravura Solutions Limited ( (AU:BVS) ).
Bravura Solutions Limited has reported its half-year financial results for the period ending 31 December 2024. The company showed a slight increase in revenue to $127.5 million and significant improvements in profitability metrics such as EBITDA and Cash EBITDA. The company also announced the reinstatement of dividend payments, including a special dividend from the sale of a license to Fidelity. Furthermore, Bravura upgraded its financial guidance for FY25, reflecting confidence in its ‘energise, build and grow’ strategy, which is driving both revenue growth and cost reductions, thereby enhancing its market positioning and shareholder value.
More about Bravura Solutions Limited
Bravura Solutions Limited operates in the technology industry, focusing on providing software solutions for wealth management, life insurance, and funds administration sectors. The company caters to clients primarily in the EMEA and APAC regions, aiming to enhance client relations through high-performance execution and business improvement.
YTD Price Performance: 6.32%
Average Trading Volume: 1,095,900
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.02B
For detailed information about BVS stock, go to TipRanks’ Stock Analysis page.