Annual financial statement
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RNS Number : 3487Q Bravura Solutions Limited 12 August 2026 12 August 2026 bravura solutions FY26 Results and Dividend Bravura Solutions Limited ( AIM : BVS ) ( " Bravura " or the " Company " ) , announces its full - year results for the period ended 30 June 2026 . FY26 Results • Update Underlying Revenue from Customers 1 , 2 of $ 282.6m , 9.6 % year over year growth despite 2H26 FX headwinds . Recurring Revenue³ of $ 165.0m ( up from $ 154.3m or 6.9 % year over year growth ) . Underlying Cash EBITDA 1 , 4 was $ 77.1m ( 27.3 % Cash EBITDA margin ) , up $ 33.3m vs FY25 . Underlying Net Profit after Tax ( Underlying NPAT ) 1 of $ 63.1m which is up $ 38.7m vs FY25 . Ended the year with $ 50.3m of cash and no debt . Distributing a final ordinary dividend of $ 37.3m ( 8.31c per share ) and a special dividend of $ 30.0m ( 6.69c per share ) . Bravura was admitted to trading on AIM , a market operated by the London Stock Exchange , on 28 July 2026 . Our dedicated team of approximately 950 made a strong impact in FY26 . Key milestones include : 。 Midwinter Digital Advice solutions now available to over 6 million members o Tens of millions of transactions processed with no human touch ( > 99 % straight through processing ) via Sonata Alta . 。 60 % improvement in efficiency for a large Global Custodian with Orchestrator workflow automation . • Development of workplace pensions , employer engagement and annuity functionality in the UK . Bravura has announced a final dividend of 15.0 c per share comprising an ordinary dividend of 8.31c per share and a special dividend of 6.69c per share . Bravura has entered into new debt facilities with HSBC5 providing funding of up to $ 100m . Bravura announces an on market buy back of up to $ 50m of shares over 12 months . Bravura is guiding for FY27 revenue to be $ 280- $ 300m and Cash EBITDA to be $ 84- $ 94m assuming an FX rate of 1.90 AUD : 1.00 GBP ( compared to 1.98 AUD : 1.00 GBP in FY26 ) . Capital Management Bravura has announced a number of capital management initiatives , with further details below . All Underlying figures exclude the impact of the perpetual licence agreement with Fidelity International in FY25 and the impact of deferred tax asset recognition in FY26 . Recurring Revenue is reported support , maintenance and hosting revenue , plus portion of licence fees that are recurring , less one - off support billed on a time and materials basis . 1 . 2 . Revenue from Customers is Group Revenue prior to interest income and R & D incentives . 3 . 4 . 5 . Cash EBITDA is revenue minus operating costs ( including hosting asset depreciation ) less capitalised development costs , PPE capex , lease costs and one - off revenue adjustments . The Hongkong and Shanghai Banking Corporation Limited , Sydney Branch Dividends Distributing a final FY26 ordinary dividend of $ 37.3m ( 8.31c per share ) and a special dividend of $ 30.0m ( 6.69c per share ) . Total dividends declared for FY26 equate to $ 113.2m ( 25.23c per share ) . The dividends will be unfranked and the Dividend Reinvestment Plan remains suspended . The record date for the final and special dividend is 25 August 2026 with an associated ex - dividend date of 24 August
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2026, and the payment date will be 3 September 2026. There are no special conditions applicable to eitherdividend. Debt Financing On 12 August 2026 the Company entered into a new debt facility agreement with HSBC5, providing totalcommitted funding of up to $100 million. The agreement comprises two $50m secured facilities and will be used for working capital management purposes.Key details for the facility are provided below: Key Terms Facility A Facility B Type Amortising term loan Revolving credit Maximum Commitment A$50m A$50m Maturity 3 years 3 years Interest Rate BBSY + margin BBSY + margin The facilities are senior secured (by first ranking all-asset security). Other terms and conditions and provisions are customary for facilities of this nature. On-market Share Buy Back The Company announces an on-market buy back of its ordinary shares of up to $50 million (Buy Back) as part of its capital management strategy. Under the Corporations Act 2001 (Cth), companies are permitted to buy back up to 10% of the lowest number of voting shares on issue during the previous 12 months, without requiring shareholder approval. The Company proposes to acquire up to a maximum of approximately $50m based on our capital management strategy which is within the 10% allowance. In line with standard market practice, the on-market buy back program will be in place for a time period up to 12 months from 31 August 2026. Full details of the Buy Back are set out in Appendix 3C which is available on the Company's investor relations website at https://investors.bravurasolutions.com/Investor- Centre/. The number of shares purchased, the purchase price and timing of the Buy Back will depend on the Company's prevailing share price, market conditions, the Company's forecast future capital requirements and other considerations including any unforeseen circumstances. The Buy Back will be funded from existing cash reserves and as required, Bravura's debt financing, referred to above. Bravura will maintain a strong balance sheet following completion of the Buy Back and the Board will continue to assess its capital management strategy. There can be no certainty that Bravura will repurchase any or all of the shares announced under the Buy Back and Bravura reserves the right to vary, suspend or terminate the Buy Back at any time, subject to and in accordance with applicable legal requirements. FY26 Results details
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Refer to page 3 of the annual report for additional information. The full Report and Accounts can be found athttps://investors.bravurasolutions.com/Investor-Centre/. Underlying Cash EBITDA and NPAT
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Teleconference details As a reminder a teleconference and webcast briefing for analysts and investors will be held today at 9:30amAustralian Eastern Standard Time (AEST). Participants must pre-register for the teleconference and can do sohere: https://s1.c-conf.com/diamondpass/10048302-6qdhq7.html Once registered, participants will receive a calendar invite with dial-in numbers, a passcode and a unique PINwhich are to be quoted when dialling into the call. Webcast link: https://webcast.openbriefing.com/bvs-fyr-2026/ The webcast is accessible 15 minutes before the briefing starts. If you are unable to listen to the announcement live, a recording of the call will be provided in the Investor sectionof the Bravura website. - ENDS - The person responsible for arranging the release of this announcement on behalf of the Company is Russell Baskerville, Independent Non-Executive Chair of Bravura. For investor enquiries, please contact: Russell Baskerville (Independent Non-Executive Chair) T: +61 422 224 822 Colin Greenhill (Group Chief Executive Officer and Managing Director) T: +44 7365 153682 Canaccord Genuity Limited - Nominated Adviser and Broker Stuart Andrews Elizabeth Halley-Stott T: +44 (0)20 7523 8000 For media enquiries, please contact: Pippa Russell E: pippa@russellcommunications.co.uk T: +44 7740 933 120 About Bravura Bravura is a leading provider of software solutions for the wealth management, life insurance, and fundsadministration industries. Our solutions are underpinned by functionally rich technology that enables modernisation, consolidation, and simplification. Our software solutions enable our clients to increase speed to
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market, provide a seamless digital experience and address ongoing changes in financial services regulation.Backed by over 35 years of experience, our on-premise, managed, hosted and cloud solutions are used by many of the world's leading financial institutions, who entrust trillions of dollars in assets held in accounts to our systems.We support our clients with a team of approximately 1,000 people across Australia, New Zealand, UnitedKingdom, Europe, Africa, and Asia. To learn more, visit www.bravurasolutions.com. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the informationcontained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. Forfurther information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END