Bravura Solutions boosts financial forecast

Bravura Solutions (ASX:BVS) has raised its financial guidance for the fiscal year 2025. The company now expects Cash EBITDA to be between $33 million and $36 million, up from previous estimates. EBITDA projections have also increased to $41 million and $44 million. Revenue forecasts have been adjusted upwards, now anticipated to be $240 million to $245 million. This update highlights the company's successful strategic execution.

Bravura Solutions FY25 outlook

Bravura Solutions has upgraded its financial guidance for FY25, signaling confidence in its strategic direction. Driven by a successful business transformation, the company has raised its Cash EBITDA, EBITDA, and revenue forecasts. A return to profitability has allowed Bravura to plan resumption of dividend payments, starting February 2025, with payments expected in March 2025. Additionally, a capital return is scheduled for January 30, 2025. This positive outlook demonstrates Bravura's commitment to enhancing shareholder value and sustaining growth.

CEO commentary on upgraded guidance

The successful execution of our strategy to revitalize the business has resulted in profitability and a robust balance sheet.