BRAVURA SOLUTIONS (BVS) Shares
ABOUT BRAVURA SOLUTIONS
Bravura Solutions Limited is an industry leading provider of software solutions and services for the administration of superannuation, pensions, life insurance, investment, wrap, private wealth and funds administration.
The company has a history dating back to 2004, when it was first formed after the purchase of the wealth management business unit of CSC Australia Pty Ltd.
In 2005 the company acquired Syscorp, integrating that company’s investment management product and expert team. In the same year the company commenced its international expansion with the acquisition of Tacit Group in Australia, New Zealand and the UK. The company further expanded its portfolio in 2006 with the acquisition of Essential Computer Systems, gaining the superannuation eBusiness offering, ePASS.
The company’s global footprint was significantly widened with the acquisition of the Rufus Software business from the Bank of New York in the UK, which allowed the company access to the transfer agency market.
In 2007 the company opened an office in Bangkok, Thailand, following increased demand in the region. Its European presence was also expanded after an outsourcing agreement with Citi for the acquisition of its transfer agency software, GTAS, as well as the team that develops it in Poland.
OVERVIEW OF BRAVURA SOLUTIONS
Today Bravura Solutions manages a diverse product portfolio of software applications, managed service arrangements and professional services, delivering comprehensive administration and related technology solutions for wealth management, life insurance and funds administration markets.
The company’s wealth management services provide solutions to several global markets, including superannuation and pensions, investment management, and private health. The company’s life insurance division, Sonata, supports the administration of a broad range of business lines including wrap and platform, retail investments, retail and group super / pensions, and life insurance.
The company’s funds administration applications deliver high quality investor record keeping and distribution support solutions for leading fund management companies and third-party administrators in both domestic and cross border environments.
The company’s clients include ABSA, Castle Trust, Citi, Commonwealth Bank Australia, Fidelity International, JPMorgan WSS, and Legal & General, amongst others.
VISION & VALUES OF BRAVURA SOLUTIONS
Bravura Solutions’ values are pillared on its commitment to be a socially aware and responsible organization.
The company seeks to ingrain community awareness into its corporate culture by providing several opportunities to employees to contribute to society, as well as by implementing work-place procedures that ensure a positive impact is made on the communities in which it operates
The company is also committed to operating as a sustainable enterprise. To this end, it regards environmental responsibility as an important aspect of its sound business practices.
This includes the responsible management of its procurement, use and output of waste. The company’s charity partnerships include Cancer Council Australia, Kids with Cancer, and the Starship Foundation.
MARKET PERFORMANCE OF BRAVURA SOLUTIONS
Bravura Solutions Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –BVS. Data from the company’s 2019 financial analysis shows strong revenue growth as well as continued operating leverage expansion. Growth in recurring revenue was up by 31% in 2019, representing 76% of total revenue, compared to 67% in the previous year.
Supported by the long-term nature of Bravura’s client contracts, this increase in recurring revenue resulted from new clients being added and existing clients broadening their use of its product functionality. Bravura’s significant recurring revenue base provides a high degree of certainty around its long-term earnings profile and future cash flow expectations.
The business once again exceeded its performance in the previous year across all key metrics, including revenue, EBITDA, and NPAT. The company achieved group revenue of AUS Dollar 257.7 million, an increase of 16% over the previous year. Group EBITDA increased by 27% to AUS Dollar 49.1 million, while group NPAT increased by 21% to AUS Dollar 32.8million. As at 30 June 2019, the company had net cash of AUS Dollar 194.8 million.
The company’s balance sheet is well positioned to support further growth opportunities, both organic and acquisitive, while delivering a flourishing share price and solid yields in dividends for investors who choose to buy shares.
Buy BRAVURA SOLUTIONS stocks / shares – A Step by Step Guide how to Buy / Purchase BRAVURA SOLUTIONS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy BRAVURA SOLUTIONS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BRAVURA SOLUTIONS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE BRAVURA SOLUTIONS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BRAVURA SOLUTIONS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy BRAVURA SOLUTIONS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?