BVS 0.00% $1.54 bravura solutions limited.

BVS posted good numbers but FY22 guidance was significantly...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 91 Posts.
    lightbulb Created with Sketch. 5
    BVS posted good numbers but FY22 guidance was significantly downgraded and cash conversion and payout ratios were reduced. Management have been slow to change the business model from large software contracts to smaller services under a SaaS or subscription model, which the market wants. A change in its management team (CEO & CFO) during this period probably hasn’t helped. Subsequently, BVS’ cost base has increased materially near-term, and it may take some time to restructure the business.
 
watchlist Created with Sketch. Add BVS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.