Bravura Solutions Swings to Fiscal H1 Profit, Posts Flat Revenue; Upgrades Fiscal 2025 Guidance

MT Newswires Live
02-12

Bravura Solutions (ASX:BVS) reported Wednesday unadjusted earnings per diluted share in the fiscal first half of AU$0.137, compared with a loss of AU$0.004 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of AU$0.0932.

Adjusted EPS was AU$0.025, compared with a loss of AU$0.004 a year earlier. Analysts polled by Visible Alpha expected AU$0.03.

Total revenue from continuing shareholder activities for the six months to Dec. 31, 2024, was AU$127.5 million, compared with AU$127 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$121.4 million.

The financial products software firm upgraded its full fiscal 2025 guidance. It expects gross revenue of AU$248 million to AU$252 million, up from a previous guidance of AU$241 million to AU$245 million. Earnings before interest, taxes, depreciation, and amortization are now forecast in the range of AU$46 million to AU$49 million, up from a prior range of AU$41 million to AU$44 million.

The board declared a resumption of its payouts, with an interim dividend of AU$0.016 per share payable on April 16 to shareholders on record as of March 31. It also declared a special dividend of AU$0.00892 per share, with the same payment and record dates.

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