Bravura Solutions Limited (BVS) AI Stock Analysis

• Market Cap: AU$822.63M
• Dividend Yield: 10.16%
• Average Volume (3M): 2.83M
• Price to Earnings (P/E): 11.9
• Beta (1Y): 1.26
• 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$2.00
• Price Target Upside: -23.08% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: AU$2.00 ▼(-23.08% Downside)

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

A 34.12% free cash flow growth and operating cash flow to net income of 1.42 show sustainable operating cash conversion. For a software firm with recurring support and services, strong FCF supports reinvestment in product, steady dividends, debt reduction, and strategic initiatives over months.

Balance sheet strength

A debt-to-equity of 0.14 and management having reduced debt historically imply conservative leverage. Low indebtedness increases financial flexibility to fund R&D, absorb contract timing shocks, and pursue selective M&A without stressing cash flows over the medium term.

High profitability and margins

Elevated EBITDA (42.13%) and net margin (~29%) reflect scalable software economics and tight cost control. High margins enable strong internal funding for product development and client support, making earnings more resilient to modest revenue volatility in the coming months.

Negative Factors

Weak top-line growth

Modest revenue growth (1.77%) and notes of prior declines signal limited top-line momentum. For a software business, sustained margin expansion is harder to maintain without stronger organic sales or contract wins; continued weak revenue would pressure long-term profit sustainability.

Incomplete balance sheet metrics

Key capitalization metrics (equity ratio) are missing, reducing clarity on asset financing and leverage beyond debt/equity. This hampers assessment of solvency and makes ROE (79.32%) harder to interpret, risking overstated capital efficiency if equity base is small or volatile.

Profitability may be efficiency-driven

The firm's recovery highlights improved efficiency, but prior revenue declines imply margins may reflect cost cuts or one-offs. If revenue growth doesn't re-accelerate, margin improvements could reverse under competitive pressure or higher investment needs, making profits less durable.

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 a 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: 2.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

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 2.6 is above the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.47, and above the 200-day MA of 2.39, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 23.88 is Positive, neither overbought nor oversold. The STOCH value of 5.57 is Positive, 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$822.63M	11.93	65.33%	10.16%	25.67%	744.90%
IRE	65 Neutral	AU$1.45B	17.11	26.73%	2.47%	-4.10%	341.80%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RUL	55 Neutral	AU$1.11B	389.84	<0.01%	―	-29.99%	-66.84%
FCL	55 Neutral	AU$761.69M	-255.68	-1.11%	―	―	―
NXL	43 Neutral	AU$507.01M	-54.11	-3.19%	―	0.40%	-280.65%

Bravura Solutions Limited Corporate Events

Bravura Sets 11 February Date for Half-Year 2026 Results Briefing

Bravura Solutions Limited has scheduled the release of its half‑year 2026 financial results for 11 February 2026, with Group CEO Colin Greenhill and CFO Neil Montford to present the numbers via a teleconference and webcast at 9:30am AEDT on the same day. The planned briefing, which requires pre‑registration for teleconference participants and will be accessible online shortly before it begins, signals a forthcoming update on the company’s operational and financial performance that will be closely watched by investors and clients given Bravura’s role as a critical technology provider to major financial institutions worldwide.

The most recent analyst rating on (AU:BVS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

Bravura Solutions to Issue 835,645 Unquoted Employee Rights Under Incentive Plan

Bravura Solutions Limited, a financial technology provider to the wealth management and funds administration sectors, offers software platforms and related services that support superannuation, life insurance, investment, and pension administration for institutional clients.

The company has notified the market of the planned issue of 835,645 unquoted employee rights (ASX code: BVSAM) under its employee incentive scheme, with an issue date of 22 October 2025, a move that underscores its continued use of equity-based remuneration to attract, retain, and align staff with shareholder interests without increasing the pool of quoted securities on the ASX.

The most recent analyst rating on (AU:BVS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

Bravura Solutions Cancels Employee and Performance Rights

Bravura Solutions Limited has notified the market that a total of 39,325 employee and performance rights (ASX codes BVSAM and BVSAA) have ceased, following cancellation by agreement between the company and the holders, effective 1 October 2025. The cessation of these securities, which relate to staff and performance-based equity, indicates an adjustment to Bravura’s capital structure and incentive arrangements, with potential implications for future dilution and the alignment of employee remuneration with shareholder interests.

The most recent analyst rating on (AU:BVS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

Bravura Solutions Issues Notice on Conversion of Unquoted Equity Securities

Bravura Solutions Limited has notified the market of the issue, conversion or payment up of certain unquoted equity securities, specifically involving the exercise of unquoted options or the conversion of other unquoted convertible securities. While the announcement does not detail the volume or recipients, the move indicates an expansion of the company’s equity on issue, which may modestly affect its capital structure and reflect ongoing employee or investor incentive arrangements, with potential implications for existing shareholders’ dilution and the alignment of key stakeholders’ interests with the company’s performance.

The most recent analyst rating on (AU:BVS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

Bravura Solutions Installs Colin Greenhill as Group CEO, Ending Interim Leadership

Bravura Solutions Limited, a global financial software provider serving wealth management, life insurance and funds administration firms, develops technology platforms that help institutions modernise operations, streamline administration and meet evolving regulatory requirements across multiple regions. The company has confirmed the commencement of Colin Greenhill as Group CEO effective 1 January 2026, based in London, marking a transition from interim leadership under Shezad Okhai, who has returned to his position as a non-independent Non-Executive Director; the move signals a strengthening of Bravura’s permanent executive leadership and may provide greater strategic stability as it pursues its growth and modernisation agenda in key financial markets.

The most recent analyst rating on (AU:BVS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

Macquarie Group Ceases Substantial Holding in Bravura Solutions

Macquarie Group Limited and its controlled entities have ceased to be substantial shareholders in Bravura Solutions Limited as of December 15, 2025. This development may influence Bravura’s shareholder structure and could have potential implications for its governance and market perception moving forward.

The most recent analyst rating on (AU:BVS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

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.

The most recent analyst rating on (AU:BVS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.

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.

The most recent analyst rating on (AU:BVS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Bravura Solutions Limited stock, see the AU:BVS Stock Forecast page.