Bravura profits crash over 50% Bravura profits crash over 50% The wealth management software group announced plunging profits for the first half of the 2021 year as it conceded the COVID crisis had disrupted its new business pipeline. A A In a statement to the market on Thursday, Bravura reported a net profit after tax of $9 million for the six months to December 2020, down 54 per cent on the prior corresponding period. The group said while its “sales pipeline in all key markets is strong”, market uncertainty as a result of the COVID crisis had led to “a lengthening of the sales cycle, as well as clients evaluating more of our products”.