Bravura Solutions has raised its FY26 revenue and cash EBITDA guidance, reflecting robust project engagement and disciplined cost management. The company also plans increased investment in internal technology.
- FY26 revenue guidance increased to $280m–$285m from $265m–$275m
- Cash EBITDA guidance raised to $69m–$73m, up from $55m–$65m
- PPE capital expenditure increased to circa $4m due to technology investments
- Growth driven by stronger customer project engagement and cost control
- Guidance assumes GBP/AUD exchange rate of 1.95 for second half of FY26
Bravura Solutions Revises Upward FY26 Financial Outlook
Bravura Solutions Limited (ASX, BVS), a leading provider of software solutions for the wealth management and financial services sectors, has updated its full-year 2026 guidance with a notable uplift in both revenue and profitability expectations. The company now anticipates revenue between $280 million and $285 million, up from its previous range of $265 million to $275 million.
Alongside this revenue upgrade, Bravura has also raised its cash EBITDA guidance to a range of $69 million to $73 million, a significant increase from the prior forecast of $55 million to $65 million. This improvement underscores the company’s effective cost management and the strong demand for its project services across its diverse customer base.
Drivers Behind the Stronger Outlook
The company attributes the upgraded guidance primarily to increased project engagement with customers across its various business units. This heightened activity is expected to continue into the second half of the financial year, signalling sustained momentum. Despite the rise in project services, Bravura has maintained tight control over overall cost levels, which has contributed to the improved earnings outlook.
Additionally, Bravura has increased its planned property, plant, and equipment (PPE) capital expenditure to approximately $4 million, up from an earlier estimate of $2 million to $3 million. This reflects a strategic decision to invest more heavily in internal technology infrastructure, aiming to support future growth and operational efficiency.
Currency Assumptions and Market Context
The updated guidance is based on an assumed average GBP/AUD exchange rate of 1.95 for the second half of FY26. Given Bravura’s global footprint; including operations across Australia, New Zealand, the UK, Europe, Africa, and Asia; currency fluctuations remain a relevant factor for investors to monitor.
Bravura’s software solutions are widely used by major financial institutions worldwide, managing trillions of dollars in assets. The company’s ability to modernise and simplify complex financial services processes positions it well to capitalise on ongoing regulatory changes and digital transformation trends in the sector.
Upcoming Results Announcement
Investors and market watchers will have the opportunity to hear more details during Bravura’s 1H26 results briefing scheduled for 11 February 2026 at 9, 30am AEDT. The webcast will provide further insights into the company’s performance and strategic priorities for the remainder of the year.
Bottom Line?
Bravura’s upgraded guidance signals robust demand and strategic investment, setting the stage for a pivotal 1H26 results update.
Questions in the middle?
- How will currency fluctuations impact Bravura’s earnings if GBP/AUD rates deviate from assumptions?
- What specific technology investments are driving the increased PPE capital expenditure?
- Can Bravura sustain this elevated level of project engagement into FY27 and beyond?