Bravura earnings rise nearly 50%. The latest issue of Financial Standard now available as an e-newspaper Investment | / | / | / | / | Bravura earnings rise nearly 50% BY KARREN VERGARA | WEDNESDAY, 12 AUG 2026 11:27AM Bravura Solutions lifted earnings by nearly 50% in the latest round of financial results, with profit after tax hitting $110.9 million. The group reported underlying revenue from customers of $282.6 million, rising 9.6% year on year despite foreign exchange headwinds that materialised in the second half of the period. Asia Pacific revenue increased by 9.9% year on year to $79.8 million, while EBITDA increased by $8.5 million to $35.7 million. In the EMEA segment, margins increased by $20.5 million, driven by revenue growth with existing customers and continued margin improvement through headcount and third-party cost reductions. Bravura shed 47 full-time staff to end up with 955 in its global workforce at the end of June. During the period, Bravura chair Russell Baskerville and chief executive Colin Greenhill told investors the company "sharpened our strategic focus, strengthened execution and continued to invest in the areas that will support sustainable long-term growth." "This includes maintaining our focus on innovation and exploring how emerging technologies, including artificial intelligence, can enhance the way we develop software, support clients and improve operational efficiency. We believe these technologies will create meaningful opportunities for both Bravura and our clients over time," they said. Bravura reported a series of executive changes throughout the 12 months with Greenhill taking over as group chief executive on January 1. Baskerville was named chair last October, while Damien Leonard became deputy chair. "We enter FY27 with stronger foundations, improving momentum and a clear sense of purpose. While there is more to do, we are optimistic about Bravura's future and the opportunities ahead," they said. The group declared total dividends for FY26 of $113.2 million or 25.23c per share. On July 28, Bravura debuted on the London Stock Exchange's Alternative Investment Market. On August 12, the group announced an on-market buyback of up to $50 million. Read more: Bravura Solutions, Alternative Investment Market, Colin Greenhill, Damien Leonard, London Stock Exchange, Russell Baskerville VIEW COMMENTS Related News | | | Bravura dual lists on the London Stock Exchange | | | | InvestStream, MUFG partner to enhance digital advice in super | | | | Bravura ups guidance, reports earnings increase | | | | Super funds race to implement digital advice | | | | Praemium names chair successor | | | | AMP launches new digital financial advice tools | | | | Bravura appoints new chair, deputy chair | | | | Aware Super launches digital advice tool for retirees | | | | Bravura, Future Group partner on digital advice | | | | Bravura flags growth plans with leadership appointments Editor's choice. The Reserve Bank of Australia has kept the door open for further tightening despite keeping the cash rate steady at 4.35%. DASH Technology Group appointed a new chief executive, replacing the incumbent who left the company in May. GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management. New analysis depicted duration as the biggest headwind for bond investors, with both Australian and global bonds labelled as the "laggards" against their peers over the 12 months to June end. Videos. Further Reading

Osborne Clarke advises Bravura Solutions on its proposed admission to AIM. Published on 1st July 2026 International legal practice Osborne Clarke has advised Bravura Solutions Limited, a leading provider of software solutions for the wealth management, life insurance, and funds administration industries, on its proposed admission to trading on the AIM market of London Stock Exchange plc. Bravura is currently listed on the Australian Securities Exchange (ASX) and has a market capitalisation of approximately A$970 million (£470 million). Admission to AIM is being sought via the AIM Designated Market Route, with admission expected to occur on or around 28 July 2026. Osborne Clarke's Corporate team advises UK and international clients across the full spectrum of corporate transactions, including equity capital markets, M&A, private equity, joint ventures and restructurings. This transaction showcases the firm's ability to support international companies accessing London's growth markets, as well as the team's depth of expertise at the intersection of technology, financial services and corporate finance. The AIM admission is intended to provide Bravura with access to an expanded pool of capital and to support the Company's positioning with existing and prospective clients across all markets, broaden its visibility and reflect the dual location of the business across EMEA and APAC. Canaccord Genuity Limited is acting as Nominated Adviser and Broker to the Company in connection with the proposed admission. The Osborne Clarke Corporate team was led by partner Louise Grzasko and associate director Stuart Miller, supported by associates Sophie Mullarkey and Elizabeth Britchford. Media comment Its legal experts are available to provide comment or background on international legal issues for your publication. 01/07/2026 - 1 mins 29/06/2026 - 1 mins 29/06/2026 - 2 mins 26/06/2026 - 1 mins

Bravura Solutions CFO steps down as fintech software firm eyes next growth phase. A fintech software Company replaces the man who brought it back from the brink. Bravura Solutions Limited (ASX: BVS) confirmed on 29 May 2026 that Neil Montford is stepping down as Chief Financial Officer and Joint Company Secretary. He is not leaving immediately. Mr Montford stays until 14 Aug 2026 to hand things over properly. Figure 1: Bravura Solutions Limited corporate logo [Courtesy: Bravura Solutions] The Company will be starting the search for the new CFO shortly and seeking an Australia-based Joint Company Secretary as well. The man behind the Bravura Solutions recovery. When Mr Montford joined Bravura Solutions, the business was under real pressure. Profitability was gone, the organisation needed restructuring, and client relationships needed steadying. Mr Montford commented that he had joined the Company at a vital time with high operational and financial challenges occurring. And while he was restoring profitability through a major restructuring program, the customer had to always remain firm in his focus and the employee's future had to not be confused during this whole transition. Figure 2: Neil Montford, Chief Financial Officer and Joint Company Secretary, Bravura Solutions [Courtesy: Bravura Solutions] Bravura Chair pays tribute. Bravura Chair Russell Baskerville put it plainly. He said the turnaround Mr Montford delivered is a significant achievement and the business is in a markedly stronger position because of it. Figure 3: Russell Baskerville, Chair, Bravura Solutions Limited [Courtesy: Bravura Solutions] Mr Baskerville noted that Mr Montford played an instrumental role in turning around the Company and Bravura Solutions is now a far stronger company as a result of his leadership. He referred to the Board's gratitude to Mr Montford for his commitment to assisting in an orderly transition and wished him well in his future career. First half financial results paint a clear picture. You want to know why this departure is not a red flag? Look at the 1H26 results, released 11 Feb 2026. These are the numbers of a business that has turned a corner. | Metric | 1H26 | 1H25 | Change | | Total Revenue from Customers | A$140.0m | A$127.5m | +9.8% | | Recurring Revenue | A$81.3m | A$76.5m | +5.0% | | Underlying Cash EBITDA (CEBITDA) | A$34.2m | A$20.0m | +71.0% | | Underlying NPAT | A$25.9m | A$11.3m | +129.0% | | Net Closing Cash | A$64.5m | - | No debt | Revenue is up nearly 10% while profit 129%. Cash balance is at A$64.5 million with no debt at all. That is what a Bravura Solutions new CFO will be walking into. Figure 4: Bravura Solutions recurring revenue increased to A$81.3 million in 1H26 [Courtesy: Bravura Solutions] | Revenue Stream | 1H26 (A$m) | 2H25 (A$m) | 1H25 (A$m) | | Maintenance, Support and Hosting | 83.5 | 80.5 | 78.7 | | Professional Services | 52.0 | 46.0 | 46.2 | | Licence Fees | 4.4 | 2.7 | 2.3 | | Other Sales Revenue | 0.1 | 0.0 | 0.3 | | Total Revenue from Customers | 140.0 | 129.2 | 127.5 | Recurring revenue accounts for 58% of total revenue. It grew because Bravura Solutions improved its pricing and kept growing with existing clients. The top 25 customers contribute to almost 80% of the total revenue. And the top 10 represent 60%. That is a concentrated but loyal client base. The kind that holds even when markets get difficult. Regional performance. | Region | 1H26 (A$m) | 1H25 (A$m) | Change | | EMEA | 102.4 | 90.4 | +13.3% | | APAC | 37.6 | 37.1 | +1.3% | | Total Operating Revenue | 140.0 | 127.5 | +9.8% | Europe, the Middle East and Africa is doing most of the work here. A 13.3% jump in one half is not nothing. Bravura Solutions also entered the UK Workplace market during this period with an anchor client. That is a new revenue stream that did not exist before. Capital management and dividends. A$64.5 million in cash. No debt. And the Company still paid out dividends twice. | Distribution | Amount | Cents Per Share | Payment Timing | | 1H26 Interim Dividend | A$25.86m | 5.77 cps | March 2026 | | 1H26 Special Dividend | A$20.0m | 4.46 cps | March 2026 | | Total 1H26 | A$45.86m | 10.23 cps | - | Since resuming distributions, Bravura Solutions has handed back over 40 cents per share to shareholders through dividends and capital returns. And the Company is still assessing further options, including buybacks and growth acquisitions. So there is more potentially coming. Figure 5: Bravura Solutions reports A$64.5 million net cash and 1H26 shareholder distributions [Courtesy: Bravura Solutions] FY26 guidance upgraded twice. This is the part most investors should sit with for a moment. The original FY26 revenue guidance was roughly in line with FY25, around A$258.7 million. That number has been revised upward not once but twice since then. | Metric | Original Guidance | Oct 2025 Updated | 9 Feb 2026 Updated | | Revenue | ~A$258.7m | A$265m - A$275m | A$280m - A$285m | | Cash EBITDA | At least A$50m | A$55m - A$65m | A$69m - A$73m | | PPE | A$2m - A$3m | A$2m - A$3m | ~A$4m | Two upgrades in one financial year. That tells you the business is outperforming its own expectations, not just meeting them. Bravura Solutions share price. * Last traded price: A$2.295 per share * Market capitalisation: A$1.03 billion * 52-week high: A$3.510 per share * 52-week low: A$1.755 per share Figure 6: Bravura Solutions (ASX: BVS) one-year share price performance [Courtesy: ASX] About Bravura Solutions. Bravura Solutions is a software business built for wealth management, life insurance, and funds administration. The Company has been operating for more than 35 years in the industry. It has clients across Australia, New Zealand, the United Kingdom, Europe, Africa, and Asia. There are around 1,000 people supporting those clients globally. And trillions of dollars in assets running through its systems every day. It is not a small operation by any measure. Industry outlook. The global wealth management software market is worth around US$6.3 billion. The technology market is growing at roughly 14.7% annually through to 2033. The drivers are not complicated. Financial institutions are moving off legacy systems. Regulators keep adding complexity. Clients want digital-first experiences, and they want them now. Figure 7: Global wealth management software market size forecast, 2025-2033 [Courtesy: Grand View Research] In the United Kingdom and broader Europe, where Bravura Solutions earns the majority of its revenue, that pressure is even sharper. Asset managers and insurers are spending on modernisation, compliance automation, and cloud migration. Figure 8: Global wealth management software market outlook and growth drivers [Courtesy: Grand View Research] And they are not doing it with new vendors they have never heard of. They are doing it with providers they already trust. That is where a 35-year-old business with deep client integrations sits in this market. Right in the middle of where the spending is going. The Australian fintech recovery story, more broadly, is real too. Software businesses serving regulated industries, particularly in wealth and insurance, are finding that their stickiness and recurring revenue models are exactly what investors are looking for right now. Future direction and impact on investors. CFO exit closes out the recovery chapter. It does not open up a new problem. The incoming CFO will take over a debt-free business with increasing recurring revenue, raised full-year guidance, and a new UK market launch in progress. With a CFO search at Bravura Solutions BVS continuing to play out and is vital for investors to monitor the Company. The most important question of a new leadership pairing is whether it can sustain margin momentum and take decisive action on the growth opportunities. The interim period extends until 14 Aug 2026 and hopefully, long enough for a smooth transition. The next major catalyst involves a second ASX announcement confirming the appointment of the new CFO. Faq. Q1. Who is stepping down as CFO of Bravura Solutions? Ans. Neil Montford is stepping down as CFO and Joint Company Secretary. Q2. What were Bravura Solutions revenue results for 1H26? Ans. Ans. As at 31 Dec 2025, Bravura Solutions had a total revenue of A$140.0 million. Q3. What dividends did Bravura Solutions declare in 1H26? Ans. The Company announced an interim dividend of 5.77 cents per share and a special dividend of 4.46 cents per share Q4. What is Bravura Solutions FY26 revenue guidance? Ans. The Company is expecting revenue of A$280 million to A$285 million. Disclaimer. This article is meant only for informational purposes. If you are an investor who is watching Bravura Solutions closely, all the data published in the content is sourced from ASX announcements and external sources. Kindly verify all information related to the share price and market data. Any investment should be made at the investor's own risk. Colitco does not hold any position in the above-mentioned Company.