Yesterday, Bravura Solutions Ltd (ASX: BVS) reported underlying revenue from customers of $282.6 million for FY26, up 9.6%, and underlying NPAT of $63.1 million, a rise of $38.7 million from FY25.
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What did Bravura Solutions report?
- Underlying revenue from customers: $282.6 million, up 9.6% year on year
- Recurring revenue: $165.0 million, up 6.9% year on year
- Underlying cash EBITDA: $77.1 million, up $33.3 million with a 27.3% margin
- Underlying NPAT: $63.1 million, an increase of $38.7 million over FY25
- Final ordinary dividend: $37.3 million (8.31c per share) plus a special dividend of $30.0 million (6.69c per share)
- Ended the year with $50.3 million in cash and no debt
What else do investors need to know?
Bravura Solutions was admitted to trading on the London Stock Exchange's AIM market in late July 2026, broadening its shareholder base. The company now boasts more than 950 employees and reported impressive operational milestones, including over 99% straight-through processing via its Sonata Alta platform and new digital advice services reaching more than 6 million members.
During the year, Bravura secured a new $100 million debt facility with HSBC, providing flexibility for ongoing operations and capital management. The company also announced an on-market buyback of up to $50 million in shares, aiming to enhance shareholder returns.
What's next for Bravura Solutions?
Looking ahead, Bravura Solutions is guiding for FY27 revenue of $280–$300 million and cash EBITDA of $84–$94 million, assuming a set exchange rate. The board has reaffirmed its focus on disciplined capital management, supported by the new debt facility and share buyback program.
The company plans to keep building on recent operational efficiencies and product rollouts, particularly in digital advice and UK workplace pension capabilities.
Bravura Solutions share price snapshot
Over the past 12 months, Bravura Solutions shares have risen 54%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 3% over the same period.
