The result is up from a $6 million profit for the 2012/2013 financial year.
Total group revenue for GBST increased by 19 per cent to $98.5 million, and the company's senior debt fell by $9 million to $5 million.
The company's board has declared a final dividend of 4.5 cents per share fully franked, compared to 3.5 cents per share for the same period last year.
GBST managing director Stephen Lake said the company's international revenue has "almost trebled" over four years.
"Our international growth strategy has led to increased sales and profitability, while we have continued to invest in product development," said Mr Lake.
According to a statement by the company, 10 per cent of GBST's revenue went into research and development expenditure for the 2013/2014 year.
"Sales in Asia, Europe and the United States, which now represent 48 per cent of total revenue, continued to grow, while sales in Australia remained strong despite difficult conditions," said Mr Lake.
Sixteen new client projects went 'live' during the 2013/2014 financial year, he said – with the first direct US client going live with the GBST Syn~ platform and sales of GBST Composer in the UK "strong".
"In Australia, our operations performed well and achieved a strong result in a patchy market," said Mr Lake.
"The majority of our capital markets revenue comes from annuity licence fees from long-term contracts, and revenue improved slightly despite difficult trading conditions. Sales of GBST Composer were steady, with work largely for existing clients," he said.
GBST's Australian business is "well established", with more than 75 per cent of revenue derived from annual licence fees, said the company.