Highlights

  • FY26 cash EBITDA guidance upgraded to approximately $77 million, from $69m-$73m previously
  • FY26 revenue still expected within the previously guided $280m-$285m range
  • Upgrade driven by strong project services demand and continued cost discipline
  • Full-year results scheduled for release on 12 August 2026

Bravura Solutions Limited (ASX:BVS) has issued an update to its FY26 guidance ahead of the release of its full-year results, upgrading its expected cash EBITDA for the year.

Based on unaudited figures, the wealth management software provider said FY26 revenue is expected to remain within its previously guided range of $280 million to $285 million. However, cash EBITDA is now expected to be approximately $77 million, a material increase on the prior guidance range of $69 million to $73 million. PPE capital expenditure remains unchanged at approximately $4 million.

The upgraded guidance reflects an average GBP/AUD exchange rate assumption of 1.92 for the second half of FY26, slightly less favourable than the 1.95 rate assumed in the company's previous guidance. Bravura attributed the improved outcome to two key drivers: strong demand for project services across its business units, and continued discipline in managing costs.

Group CEO and Managing Director Colin Greenhill said he was pleased with the company's performance over the preceding six months, crediting greater engagement with customers for the increase in project work and stronger contract renewals. He added that the business had continued to manage costs effectively while still investing in core technology and exploring new initiatives.

Bravura provides software solutions to wealth management, life insurance and funds administration clients, with its technology used by financial institutions that collectively hold trillions of dollars in client assets. The company employs approximately 1,000 people across Australia, New Zealand, the United Kingdom, Europe, Africa and Asia.

The company confirmed that its full-year results for FY26 are scheduled to be released on 12 August 2026, at which point audited figures and a fuller breakdown of performance will be provided to the market.

Conclusion

Bravura's upgraded cash EBITDA guidance points to a stronger-than-expected finish to FY26, driven by robust project demand and disciplined cost management. With full-year results due next month, investors will be watching for further detail on the durability of this improved earnings trajectory heading into FY27.