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Health of Bravura (BVS)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Health of Bravura (BVS)

Hello MM Any thoughts on the heavy fall in the BVS share price over the last few months after a strong price advance ? Thanks for your informative and entertaining commentary. I'm always learning something valuable! Regards Rob

Answer

Hi Rob,

BVS has struggled since COVID although as you say it enjoyed a decent bounce over the last 12-months. However the investment software provider looks to have turned the corner following the release of their half-year results which revealed a return to profit. BVS reported earnings of $7.9 million for the half, up from a loss of $3.6 million a year earlier.

  • The stock has slipped 30% after the exuberance of the result but considering it had rallied over +400% from its 2023 low, its not a significant pullback.
  • BVS is not on the MM radar but for the believers the $1 appears to be offering some decent risk/reward.
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Bravura Solutions Ltd (BVS)
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