Bravura Solutions Ltd (ASX: BVS) shares tumbled more than 16% yesterday. 

The company is involved in the development, licensing, and maintenance of specialised administration and management software for the financial services sector.

After starting Wednesday's session at $2.42, the share price fell 40 cents, closing the day at just over $2. 

Despite yesterdays fall, Bravura shares remain up more than 78% over the past year.

FY25 report 

The share price fall came after the company released its full year earnings for FY 25. 

The company reported: 

• Underlying Revenue of $256.8m which was 3.1% year over year growth
• Underlying Cash EBITDA of $43.8m
• Underlying Net Profit after Tax (NPAT) of $24.4m which is up $15.6m vs FY24.
• Distribution of a final FY25 dividend of $13.1m (2.92c per share) and a special dividend of $8.0m (1.79c per share).
  
  

It seems this data did little to impress investors, despite the company delivering on FY25 guidance. 

Some of the negative reaction from investors could be from the company's soft projections for next year. 

The company said in FY26, it expects underlying revenues to be in-line with FY25 and Cash EBITDA to be above $50m.

No update on new CEO

Bravura Solutions is also in the process of searching for a new CEO. However, in its FY25 presentation, the company included no specific timeline. 

Interim CEO Shezad Okhai said:

The search for our next CEO continues at pace. We will take the time necessary to ensure a strong fit with our long-term vision.

We will continue to prioritise organic growth where it is underpinned by clear business cases, relevance to our specialist markets and where it supports lasting value for customers and Bravura alike.

Is it a buy low candidate?

After falling more than 16% yesterday, the Bravura share price may now be an attractive option for investors trying to swoop in. 

Price targets from brokers indicate it may be a value. 

Bell Potter has a price target of $2.78 on Bravura shares indicating a strong upside after Wednesday's sell-off. 

Similarly, online brokerage platform Selfwealth lists the share price as "undervalued" with an average price target of $3.04. 

Tradingview has a price target of $2.65. 

However, with flat revenue expected in FY26, it may not be a quick turnaround for Bravura shares.