BVS 0.97% $1.53 bravura solutions limited.

Personally I'm disappointed to see that revenue will decrease by...

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  1. 918 Posts.
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    Personally I'm disappointed to see that revenue will decrease by over 5% in the coming year.

    They have stablized the business and improved EBITDA and NPAT. They did this purely by cutting costs, which was necessary, and it's good to see they have controlled their costs so effectlvely.

    But where is the growth? They claim that BVS's focus is now on growth, but the Fidelity deal, along with declines in "Professional Services" means revenue will be significantly lower in FY25 than this year.

    My concern is that there are no growth opportunities, organic or incremental, but time will tell.

    It will also be interesting to see what the ATO ruling is on the $75M capital return.
    Last edited by jdon: 14/08/24
 
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