Bravura Solutions Full Year 2024 Earnings: EPS Misses Expectations

Bravura Solutions (ASX:BVS) Full Year 2024 Results

Key Financial Results

• Revenue: AU$252.8m (up 1.1% from FY 2023).
• Net income: AU$8.78m (up from AU$280.7m loss in FY 2023).
• Profit margin: 3.5% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: AU$0.02 (up from AU$0.92 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bravura Solutions EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.5%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Software industry in Australia.

Performance of the Australian Software industry.

The company's shares are up 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Bravura Solutions' balance sheet and an in-depth analysis of the company's financial position.

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