Bravura Solutions Reports 3.1% Revenue Growth and $24.4M Underlying Profit

Strong Financial Performance Amid Strategic Transition

Bravura Solutions Limited has delivered a compelling set of full-year results for FY25, ending 30 June 2025, underscoring its resilience and operational strength in the competitive financial software sector. The company reported underlying revenue from continuing shareholder activities of $256.8 million, marking a 3.1% increase over the prior year. More notably, underlying net profit after tax soared by 177.3% to $24.4 million, excluding a significant one-off licence sale.

The reported net profit after tax was $74.2 million, substantially inflated by a non-recurring $56.2 million licence sale to Fidelity International for the Fidelity Sonata software. This transaction, while boosting headline figures, is treated separately to provide investors with a clear view of the company’s ongoing operational profitability.

Operational Efficiencies Drive Margin Expansion

Bravura’s two core regional segments, EMEA and APAC, both demonstrated margin improvements. The EMEA segment grew revenue by 3.5% to $186.1 million and increased EBITDA by $12.6 million to $66.9 million, lifting its EBITDA margin to 36.0%. Meanwhile, the APAC segment saw revenue rise 2.7% to $72.6 million and EBITDA jump by $14.1 million to $23.1 million, with margins expanding to 31.8%. These gains were supported by headcount reductions and third-party cost efficiencies, reflecting the company’s focus on operational discipline.

Leadership and Strategic Outlook

Shezad Okhai, appointed Interim CEO in April 2025, highlighted the company’s commitment to organic growth, product innovation, and client-centric solutions. The leadership team is actively pursuing a permanent CEO appointment to guide Bravura through its next growth phase. The company ended the year with a strong balance sheet, holding $58.7 million in cash and no debt, enabling it to declare a final dividend of $21.1 million, which includes a special dividend of $8.0 million related to the Fidelity licence sale.

Bravura continues to navigate risks such as cybersecurity threats, foreign exchange volatility, and client concentration with robust governance and risk management frameworks. The remuneration report reveals enhanced executive incentives aligned with the company’s improved financial performance, signaling a culture focused on sustainable value creation.

Market Position and Future Prospects

With over 30 years of experience and a client base managing assets exceeding A$10 trillion, Bravura Solutions remains a key player in wealth management and funds administration software. The company’s strategic emphasis on cloud solutions, digital advice platforms, and automation positions it well to capitalize on evolving industry demands. Investors will be watching closely as the company transitions leadership and executes on its growth strategy in FY26.