Australia's Bravura Solutions surges 29% on full-year outlook hike

Bravura Solutions

09/02/2026 24:16

** Shares of Australia's Bravura Solutions BVS.AX soar 29% to A$2.320, their highest since January 28

** Stock marks its biggest one-day gain since February 20, 2024

** BVS among top gainers in the ASX All Ordinaries index .AORD

** The wealth management software maker hikes FY26 revenue guidance to A$280 million ($196.87 million) and A$285 million, higher than prior forecast of A$265-A$275 million, and last year's A$256.8 million

** FY26 cash EBITDA now expected between A$69-A$73 million, above previous view of A$55-A$65 million and the Visible Alpha consensus estimate of A$60.4 million

** Attributes guidance hike to strong performance across the customer base

** BVS down 11.3% this year, including the day's move

($1 = 1.4223 Australian dollars)

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))