Bravura Solutions Ltd (ASX: BVS) shares have taken off on Friday after the financial software company delivered a better-than-expected FY26 earnings update.

At the time of writing, the Bravura share price is up 13.17% to $2.32. By comparison, the S&P/ASX 300 Index (ASX: XKO) is currently sitting at 8,705 points, 0.1% higher.

The rally comes after a fairly ordinary start to the year. Bravura shares remain down around 20% in 2026, although they are still 8% higher than this time last year.

Here’s what the company is now forecasting.

Bravura lifts its earnings outlook

According to the release, Bravura now expects FY26 cash EBITDA of approximately $77 million.

This is above its previous guidance range of $69 million to $73 million and has given the market something positive to work with.

Revenue guidance has been left unchanged at $280 million to $285 million, while capital expenditure is still expected to be roughly $4 million.

Bravura put the better result down to steady demand for project work and tighter control over costs.

Management has used an average GBP/AUD exchange rate of 1.92 for the second half, compared with 1.95 in its previous guidance.

The full-year result is due on 12 August, when investors will get a closer look at how the business finished FY26.

Bravura’s recovery moves forward

The earnings upgrade comes after a fairly unsettled period at Bravura.

Former Chairman Matthew Quinn retired last year following tensions with L6 Holdings, which owns more than 20% of the company.

L6 is controlled by Damien Leonard, who runs Pinetree Capital and is the son of Constellation Software founder Mark Leonard.

Damien Leonard now sits on Bravura’s board as a Director.

Bravura has also spent the past few years reshaping the business after its shares fell heavily in 2022.

The company has spent the past few years cutting costs, reducing headcount, and simplifying the business. It has also placed more focus on its core wealth management software operations to improve margins and cash flow.

Is the worst behind Bravura?

The 13% jump suggests investors are warming to the progress Bravura is making.

The company is producing stronger earnings, while lower costs are helping lift margins and supporting profitability.

The share price is still well below where it traded before the 2022 collapse, so I think there is room for a further recovery if the company keeps improving.

The August result will give investors a better idea of whether Bravura can carry this momentum into the new financial year.

The post Why this ASX software stock is rocketing 13% today appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Bravura Solutions and Constellation Software. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Saving for their retirement is probably the last thing on your children’s minds when they first start working, but there is a good reason to get them signed up for a superannuation account early.

Most younger teens are not automatically eligible for superannuation payments from their employer, as workers aged under 18 must work more than 30 hours per week to be eligible for super.

This changes once they turn 18, when all workers must be paid 12% super regardless of the number of hours worked.

Government money on the table for super

But just because they don’t get paid super, doesn’t mean there isn’t a great reason to sign your children up for a super account.

This is because, as low-income earners, they will likely be eligible for a super co-contribution from the government if they make an after-tax contribution themselves.

There are some rules, including that, for 2026-27, they must earn less than $49,293 to receive the full $500 government contribution.

There is also the 10% eligible income test, which states that 10% or more of your total income must come from either employment-related activities or carrying out a business.

To be eligible for the full $500 contribution from the government, $1000 in non-concessional (after-tax) contributions must be made.

Compound interest works its magic

And while $500 might not sound like a lot, the impact on your child’s retirement savings could be huge.

Using the government’s Moneysmart website, I have calculated that $500 deposited into a 15-year-old’s account will turn into $10,500 by the age of 60, assuming the initial deposit compounds at 7% per year.

And remember, this is calculated assuming just one year of contributions.

The Australian Taxation Office website says your children do not need to do anything to receive the payment, and can make smaller payments throughout the year.

As they say:

You don’t need to make your personal contributions as a single lump sum – you can make payments throughout the financial year. We use the total amount you have contributed for the year to calculate the co-contribution. Your super fund can tell you how to make personal contributions, and it will need your tax file number before it can accept them.

The minimum contribution that can be made is $20, and the government has a calculator to help people figure out how much they will be paid.

The post How to give your kids a superannuation kickstart, with help from the government appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Silver Mines Ltd (ASX: SVL) is progressing its Bowdens silver project in the central west region of New South Wales, and expects to release its definitive feasibility study on the project imminently.

The analyst team at Morgans has run the ruler over the project and has come up with a very bullish share price target on Silver Mines shares, which we’ll get to shortly.

First, let’s have a look at why Morgans like the company so much.

Large silver project progressing toward development

Morgans said Silver Mines’ Bowdens project is Australia’s largest undeveloped silver resource and one of the largest globally.

The deposit also remains open beyond the current mining plan, “leaving room for reserve growth, mine life extension and underground potential”.

Morgans notes that direct silver exposure is rare among ASX miners, and in this case, “with silver contributing ~86% of life-of-mine revenue, Bowdens is one of the purest ways to gain leverage to rising silver prices through an advanced Australian development asset”.

The broker has modelled free cash flow of $1.63 billion over the life of the mine, and added, “we expect the upcoming Definitive Feasibility Study (DFS) to further refine the development pathway and potentially unlock additional value through updated pricing assumptions, optimisation initiatives and mine life extensions”.

They added:

We forecast first production in FY30, providing sufficient time for completion of the revised approvals process, project financing and construction. Following multiple engineering studies, metallurgical programmes and optimisation work, we consider Bowdens a technically mature development asset, leaving permitting and financing as the principal remaining milestones.

Shares looking cheap

Morgans has a 40 cent per share price target on Silver Mines, compared to the current price of 12.5 cents per share.

The broker said that the market, “continues to undervalue Bowdens’ combination of scale, technical maturity and leverage to a structurally improving silver market”.

They added:

While permitting remains the dominant risk, we believe this is increasingly offset by a more clearly defined approvals pathway, an advanced stage of project development, and multiple near term catalysts capable of reducing the regulatory discount currently reflected in the share price. Our thesis rests on what we view as an increasingly compelling asymmetry in Bowdens’ risk-reward profile, underpinned by exceptional leverage to a strengthening silver price, a technically mature development plan and a more clearly defined permitting pathway.

They added that their valuation only reflects a portion of the company’s broader options including further open pit cutbacks and potential resource growth.

Silver Mines is currently valued at $277.42 million.

The post This ASX silver mine developer could more than triple in value: Broker appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.