Bravura Solutions Limited (BVS) AI Stock Analysis

• Market Cap: AU$1.30B
• Dividend Yield: 10.53%
• Average Volume (3M): 2.83M
• Price to Earnings (P/E): 17.5
• Beta (1Y): 1.56
• Revenue Growth: 25.67%
• EPS Growth: 744.90%
• Country: AU
• Employees: 1,085
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.02
• Shares Outstanding: 448,300,000
• 10 Day Avg. Volume: 2,924,196
• 30 Day Avg. Volume: 2,830,654
• PEG Ratio: 0.02
• Price to Book (P/B): 10.63
• Price to Sales (P/S): 3.88
• P/FCF Ratio: 10.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$2.64
• Price Target Upside: 6.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: AU$3.00 ▲(20.48% Upside)

Bravura Solutions Limited's overall stock score is driven by its strong financial performance and attractive valuation. The company's robust cash flow and profitability metrics are significant strengths. However, technical indicators suggest potential short-term weakness, which tempers the overall score. The high dividend yield adds to the stock's appeal, particularly for income-focused investors.

Positive Factors

Cash Generation Ability

Strong cash generation supports operational and financial flexibility, allowing Bravura Solutions to invest in growth and manage liabilities effectively.

Balance Sheet Health

A low leverage ratio enhances financial stability, reducing risk and providing the company with the capacity to take on strategic opportunities.

Profitability

Improved profitability margins indicate efficient cost management and strong operational performance, contributing to sustainable long-term growth.

Negative Factors

Revenue Growth Concerns

Modest revenue growth and past declines suggest potential challenges in market expansion and product adoption, which could impact future performance.

Limited Balance Sheet Metrics

Incomplete balance sheet data hinders a full understanding of asset financing and financial health, potentially obscuring risk factors.

Past Revenue Declines

Historical revenue declines may indicate underlying market or operational challenges that could resurface, affecting future growth prospects.

Bravura Solutions Limited Business Overview & Revenue Model

Company Description

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments, Wealth Management and Funds Administration. It offers Sonata, a wealth management solution for the administration of a range of wealth management products; Sonata Alta, a digital operating model, which provides clients control over their customer's data, operations, and end customer experiences; Bravura Digital that provides digital service; Garradin, a private wealth and portfolio administration solution for the administration of retail and wholesale wealth management, trusts and estates, SMSFs, managed accounts, fund accounting, and tax; and ePASS, an online portal that provides online services for superannuation members and employers. The company also provides Rufus enterprise solution that offers fund administration for transfer agencies; Rufus SaaS, a transfer agency solution that supports the global administration, servicing, and distribution of a range of investments; Babel solution, a financial messaging platform that connects to a range of financial product distributor platforms and the back-office functions of various markets using message media and formats; taWeb, a digital platform for transfer agents and fund managers; and financial planning solutions, such as AdviceOS and Digital Advice. In addition, it offers professional services, including consulting, data migration and services, software development, support, project management, and training services, as well as managed and cloud services. The company was formerly known as Bravura Solutions Holdings Pty Ltd and changed its name to Bravura Solutions Limited in October 2016. Bravura Solutions Limited was founded in 2004 and is headquartered in Sydney, Australia.

How the Company Makes Money

Bravura Solutions generates revenue primarily through the licensing of its software products and related services. The company charges clients for the use of its platforms, which can include one-time licensing fees, ongoing subscription fees, and maintenance agreements. Key revenue streams include software sales, implementation services, and consulting fees. Additionally, Bravura may engage in strategic partnerships with financial institutions to enhance its offerings, which can lead to additional revenue opportunities. The company also benefits from recurring revenue through long-term contracts with clients, ensuring a stable income stream.

Bravura Solutions Limited Financial Statement Overview

Summary

Bravura Solutions Limited demonstrates strong financial recovery with improved profitability and cash flow metrics. The income statement reflects enhanced operational efficiency and profitability, while the balance sheet shows low leverage and high return on equity. The cash flow statement highlights robust cash generation, supporting the company's financial health. However, past revenue declines and the absence of some balance sheet metrics warrant cautious optimism.

Income Statement

Bravura Solutions Limited has shown a strong recovery in its income statement metrics. The gross profit margin has significantly improved to 100% in the latest year, indicating efficient cost management. The net profit margin also increased to 28.95%, reflecting enhanced profitability. Revenue growth is modest at 1.77%, but the EBIT and EBITDA margins have improved to 36.30% and 42.13%, respectively, showing strong operational performance. However, the company experienced a revenue decline in previous years, which could pose a risk if not managed well.

Balance Sheet

The balance sheet of Bravura Solutions Limited shows a stable financial position with a low debt-to-equity ratio of 0.14, indicating low leverage. The return on equity is notably high at 79.32%, suggesting efficient use of equity to generate profits. However, the equity ratio is not explicitly provided, which limits a comprehensive assessment of asset financing. The company has managed to reduce its debt over the years, enhancing financial stability.

Cash Flow

Bravura Solutions Limited exhibits strong cash flow metrics with a significant free cash flow growth rate of 34.12% in the latest year, indicating robust cash generation capabilities. The operating cash flow to net income ratio is 1.42, and the free cash flow to net income ratio is 0.97, both reflecting healthy cash flow relative to earnings. The company has improved its cash flow position significantly compared to previous years, which supports its operational and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	259.08M	256.42M	248.95M	248.20M	265.43M	242.34M
Gross Profit	71.97M	256.42M	38.98M	11.39M	59.23M	60.35M
EBITDA	49.28M	108.03M	29.05M	-254.15M	57.72M	62.06M
Net Income	74.23M	74.23M	8.78M	-280.71M	29.93M	34.56M
Balance Sheet
Total Assets	179.84M	179.84M	229.20M	258.39M	456.70M	465.88M
Cash, Cash Equivalents and Short-Term Investments	58.69M	58.69M	89.97M	75.75M	48.67M	73.57M
Total Debt	13.32M	13.32M	17.41M	27.79M	30.58M	36.76M
Total Liabilities	86.26M	86.26M	95.53M	132.48M	121.83M	136.09M
Stockholders Equity	93.58M	93.58M	133.67M	125.91M	334.88M	329.78M
Cash Flow
Free Cash Flow	99.92M	97.71M	23.42M	-25.87M	15.65M	21.64M
Operating Cash Flow	100.51M	100.58M	29.91M	-6.69M	41.82M	46.98M
Investing Cash Flow	-2.87M	-2.87M	-6.49M	-24.09M	-33.01M	-48.39M
Financing Cash Flow	-127.08M	-127.15M	-8.87M	57.43M	-32.38M	-25.09M

Bravura Solutions Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BVS, the sentiment is Negative. The current price of 2.49 is below the 20-day moving average (MA) of 2.53, below the 50-day MA of 2.80, and above the 200-day MA of 2.35, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.82 is Neutral, neither overbought nor oversold. The STOCH value of 54.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BVS.

Bravura Solutions Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BVS	71 Outperform	AU$1.30B	17.51	65.33%	10.53%	25.67%	744.90%
IRE	65 Neutral	€1.66B	18.78	26.73%	2.44%	-4.10%	341.80%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RUL	53 Neutral	AU$1.08B	380.47	<0.01%	―	-29.99%	-66.84%
NXL	43 Neutral	AU$773.06M	-82.50	-3.19%	―	0.40%	-280.65%

Bravura Solutions Limited Corporate Events

Bravura Solutions Director Increases Shareholding

Bravura Solutions Limited has announced a change in the director’s interest, specifically involving Sarah Adam-Gedge, who has acquired 15,000 fully paid ordinary shares through an on-market trade. This acquisition increases her indirect interest in the company, with the shares purchased at $2.30 each, reflecting a strategic investment move within the company.

Bravura Solutions Director Acquires Additional Shares

Bravura Solutions Limited announced a change in the director’s interest, with Director Russell Baskerville acquiring 40,000 ordinary shares valued at $92,400 through an on-market trade. This transaction indicates a potential increase in the director’s confidence in the company’s future prospects, which may positively influence stakeholder perceptions and market positioning.

Bravura Solutions Updates Constitution Following Shareholder Approval

Bravura Solutions Limited announced the approval of its amended constitution by shareholders at the 2025 Annual General Meeting. This update aligns with ASX Listing Rule 15.4 and reflects the company’s ongoing commitment to governance and regulatory compliance, potentially impacting its operational framework and stakeholder engagement.

Bravura Solutions Announces Leadership Changes

Bravura Solutions Limited has announced a change in its board of directors, with Matthew Quinn retiring as Chair and Independent Non-Executive Director, and Russell Baskerville taking over as the new Chair. This transition marks a new phase for the company, as it continues to strengthen its leadership team with the appointment of Damien Leonard as Deputy Chair and Shezad Okhai to the Audit and Risk Management Committee. These changes are expected to impact the company’s operations positively, enhancing its industry positioning and stakeholder relations.

Bravura Solutions Announces Cessation of Securities

Bravura Solutions Limited announced the cessation of certain securities, specifically 600,000 options and 122,054 performance rights, due to unmet conditions. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational strategies and financial health.

Bravura Solutions Director Alters Shareholding

Bravura Solutions Limited has announced a change in the director’s interest, with Director Matthew Quinn disposing of 200,000 ordinary shares through an on-market trade, valued at $588,171. This change reflects a shift in the director’s investment position and may have implications for the company’s stock market perception and stakeholder confidence.

Bravura Solutions Updates FY26 Financial Guidance

Bravura Solutions Limited has updated its FY26 financial guidance, projecting revenues between $265 million and $275 million and cash EBITDA between $55 million and $65 million. The revised forecast is driven by the strong GBP, increased project revenues in EMEA, and a focus on operational efficiency, indicating positive growth and strategic positioning in the market.

Bravura Solutions Appoints Colin Greenhill as New Group CEO

Bravura Solutions Limited has announced the appointment of Colin Greenhill as the new Group CEO, effective January 1, 2026. Greenhill, who brings over 15 years of executive experience in software businesses for financial services and insurance sectors, will be based in London. The board conducted a global search and unanimously agreed on Greenhill, who previously led SSP Worldwide. This leadership change is expected to strengthen Bravura’s market positioning and drive long-term value creation for its stakeholders.

Bravura Solutions Announces 2025 AGM Details

Bravura Solutions Limited has announced its upcoming Annual General Meeting (AGM) for shareholders in 2025. The notice informs shareholders about the availability of the company’s 2025 Annual Report on its website, emphasizing the company’s commitment to digital accessibility and shareholder engagement.