Forum Topics BVS BVS ASX Announcements

Pinned straw:

Added 2 months ago

Upgraded guidance from Bravura. Market seems to have been anticipating it given the price run up in recent weeks.

Bravura Solutions Limited

ASX Release

1 October 2025

Guidance Update

Bravura Solutions Limited (ASX: BVS) (Bravura) is updating its FY26 guidance as follows:

• Revenue expected to be between $265m and $275m (previously in-line with FY25 revenues1).

• Cash EBITDA2 expected to be between $55m and $65m (previously at least $50m).

This guidance assumes an average GBP/AUD exchange rate of 2.05 for FY26.

The key drivers of the updated forecast are:

• Continued strength of the GBP.

• A higher level of project revenues, particularly with our Wealth customers in EMEA.

• A continued focus on operational efficiency.

edgescape
Added 2 months ago

When the latest results were released a few months back they gave an update on customer attrition which was poorly received or the brokers did not like which sent the share price tanking.

Now they give upgraded guidance. What a merry-go-round!

But I'm not complaining

I see @Strawman sold this a few years ago and has not got back in. Costanza opposite theory in full force at BVS

[held]

13

Solvetheriddle
Added 2 months ago

@edgescape the last result was delivered by the board member who was standing in as an interim CEO. i think he was particularly conservative and defensive in his delivery and description of events. what incentive was there for him to put himself out there? none.

i think this is a keep until the upgrade cycle ends, imo

held

15

thunderhead
Added 2 months ago

Yes, exactly. I am hoping this is the start of an upgrade cycle.

9

thunderhead
Added 2 months ago

There is a TA-based case for holding too. On the long-term chart, there doesn't seem to be a lot of resistance until around $4, so there could be some life left yet in this rally if the momentum is sustained.

5