Update: Bravura Solutions Raises Fiscal 2026 Cash EBITDA Guidance; Shares Up 14%
(Updates to add stock movement in the headline and the last paragraph) Bravura Solutions (ASX:BVS) now expects fiscal 2026 cash earnings before interest, taxes, depreciation, and amortization (EBITDA) of about AU$77 million, up from a previous guidance range of AU$69 million to AU$73 million, according to a Friday filing with the Australian bourse. The company attributed the upgrade to strong demand for project services across its business, as well as its overall cost discipline. Bravura Solutions maintained its fiscal 2026 revenue outlook at AU$280 million to AU$285 million, and its property, plant, and equipment capital expenditure target at about AU$4 million, per the filing. The company is due to report fiscal 2026 results on Aug. 12. The company's shares rose around 14% in recent Friday trade.
(Updates to add stock movement in the headline and the last paragraph) Bravura Solutions (ASX:BVS) now expects fiscal 2026 cash earnings before interest, taxes, depreciation, and amortization (EBITDA) of about AU$77 million, up from a previous guidance range of AU$69 million to AU$73 million, according to a Friday filing with the Australian bourse.
The company attributed the upgrade to strong demand for project services across its business, as well as its overall cost discipline.
Bravura Solutions maintained its fiscal 2026 revenue outlook at AU$280 million to AU$285 million, and its property, plant, and equipment capital expenditure target at about AU$4 million, per the filing.
The company is due to report fiscal 2026 results on Aug.
12.
The company's shares rose around 14% in recent Friday trade.