October 2026
Largest Financial Services Software Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
Bravura Solutions, PEXA Group, IRESS, Praemium and wrkr.
 | Bravura Solutions Ltd is engaged in the development, licensing, maintenance, and hosting of specialised administration and management software applications and the provision of professional consulting services for the Wealth Management and Funds Administration sectors of the financial services industry, internationally. The Company operates through two reportable segments: EMEA, which generates maximum revenue, comprising Europe and South Africa domiciled clients managed by a regional CEO, and APAC, comprising Australia and New Zealand domiciled clients managed by a regional CEO. EMEA provides both Wealth Management and Funds Administration products to customers. The Company generates maximum revenue from Australia. | $2 | +17% | $990M | $960M | 4.9x | 17.9x | ||
| PEXA Group is an Australian company, listed on the ASX under the code PXA, that operates the country's leading online property exchange network. Lawyers, conveyancers and financial institutions use the platform to lodge documents with land registries and complete financial settlements electronically, and the company says it is committed to a fully digital conveyancing process. Its PEXA Insights business builds data and analytics products from property and settlement data. That unit made the company's first strategic investments, taking a 38 per cent stake in the property data company Landchecker in February 2022 and a 26.5 per cent stake in the data company Elula in June 2022. During the year to June 2026 PEXA divested its Digital Solutions businesses, including Elula, Landchecker and .id, following a strategic review. It has described itself as actively exploring domestic and international growth opportunities. | $5 | -54% | $798M | $916M | 3.2x | 9.3x | ||
| Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core Trading and Market Data and Wealth businesses, and divesting/monetizing noncore assets. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat. | $4 | -33% | $731M | $819M | 2.1x | 8.2x | ||
| Praemium Ltd is a provider of portfolio administration, investment platforms, and financial planning tools to the wealth management industry. Its clients are predominantly firms that provide financial advice to investors, namely financial advisers, brokers, accountants, investment managers, banks, and other financial providers such as superannuation administrators. | $0 | -28% | $211M | $192M | 2.5x | 11.5x | ||
| wrkr Ltd, formerly Integrated Payment Technologies Ltd develops technology to facilitate the secure storage and transmission of data concerning payments. Its services include ClickSuper Service, Payment Adviser Service, and Bill Exchange Service. The company's only operating segment is engaged in the provision of services that enable its customers to meet their regulatory compliance across the hire-to-retire life cycle. It does that by facilitating the transfer of data and payments between regulated authorities and participants of the ecosystem (HR/payrolls, Accountants, Banks, APRA, SMSF Funds, and federal departments like the ATO). It operates in the one geographical segment of Australia. | $0 | -42% | $114M | $108M | 11.6x | (17.1x) | ||
| Stakk Ltd is engaged in the development and delivery of Stakk IQ, a modular, API-first Embedded Finance platform that provides the essential infrastructure every modern financial application requires. It operates in one segment being the development of a smart mobile app for banking. | $0 | -54% | $107M | $107M | 123.2x | 337722.6x | ||
| Monvia Ltd operates a SaaS-based business model, providing core administration software for life insurance companies globally through its flagship product, the Monvia Life Platform. The group generates revenue through subscriptions, support, and maintenance fees. Monvia Life Products used for New business, Policy Administration, Claims Management, and Hub. The group provides solutions for Retail, Group, Corporate, and Direct. | $1 | -- | $68M | $111M | - | - | ||
| RocketBoots Ltd operates in the information and communications technology industry specifically within the computer vision solutions market. The company's software and services include Beehive Applications, Beehive Core, and RocketBoots Core Products. | $0 | +76% | $31M | $28M | 55.9x | (6.1x) | ||
| Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment, that is the development and provision of card payment software and services. The company serves business and financial institutions. | $0 | -37% | $22M | $22M | 1.2x | 7.5x | ||
| Median | $0 | -35% | $114M | $111M | 4.1x | 8.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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