• Revenue of $127.5m, up 0.4% vs 1H24
• EBITDA of $23.8m, up $15.9m vs 1H24
• Underlying Net Profit after Tax of $11.3m, up $13.0m vs 1H24

Bravura Solutions Limited (ASX:BVS) has announced its half-year results for the period ended 31 December 2024. The company reported revenue of $127.5m, up 0.4% compared to the same period last year. Earnings before interest, tax, depreciation, and amortisation (EBITDA) was $23.8m, up $15.9m compared to 1H24. Cash EBITDA, which excludes one-off impacts, was $20.0m, up $20.3m compared to the previous year. Underlying Net Profit after Tax was $11.3m, up $13.0m compared to 1H24. The company continues to successfully execute its 'energise, build and grow' strategy, with improved performance in the EMEA and APAC regions. The operational business improvement initiatives have delivered CEBITDA margin expansion and enhanced profitability through both revenue growth and cost reduction. Following the turnaround in financial performance, Bravura is now in a position to recommence dividend payments. The company will pay a special dividend of 8.92 cents per share ($40m) and an interim dividend of 1.6 cents per share ($7.2m) for the half-year ended 31 December 2024. The previously announced on-market buy-back will be suspended. The company has also upgraded its guidance for FY25, with gross revenue expected to be between $248m and $252m, EBITDA between $46m and $49m, and Cash EBITDA between $38m and $41m.

Gross Revenue: $248m - $252m EBITDA: $46m - $49m Cash EBITDA: $38m - $41m Guidance excludes the one-off impact from the perpetual licence sale to Fidelity.