Brabra Solutions (ASX:BVS) has updated its 2025 financial outlook, reflecting its strong performance and successful strategic transformation over the past 18 months. The company also announced plans to resume dividend payments, signaling a return to profitability and solid cash generation.

The upgraded guidance includes:

• Cash EBITDA increased from $33 million to $36 million and from $28 million to $32 million.
• EBITDA was revised from $41 million to $44 million and from $36 million to $40 million.
• Revenue increased from $240 million to $245 million, and from $235 million to $240 million.

In addition to the dividend payment (which will be announced in February 2025 along with first half 2025 results), Bravura plans to issue capital gains of at least $0.163 per share on January 30, 2025.

Group CEO Andrew Russell said: “I am pleased to inform our shareholders that our cash EBITDA, EBITDA and revenue performance are now expected to exceed the guidance we have previously provided.” I commented.

Bravura is a leader in software solutions for the wealth management, life insurance, and money management industries. We have a presence across Australia, New Zealand, the UK, Europe, Africa and Asia.

The stock price rose 16.77% to $1.93.