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Praemium Limited (ASX:PPS)

ALERT: Price-sensitive ASX Announcement for PPS
Current share price for PPS : $0.725 -0.025 (-3.33%)+
Announcement
Release
23 Feb 2026 8:49AM
Price at Release
$0.750
Full Release
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Summary
Praemium Limited's H1 FY2026 results highlight a strong financial performance with a 17.9% increase in underlying EBITDA and a substantial 69.5% rise in statutory net profit after tax. The company experienced a 7.9% increase in revenue excluding the impact of adviser exits, with platform revenue growing by 10.5%. The results showcase the company's strategic growth in its core platforms, notably the Spectrum and non-custodial solutions, which have contributed to a significant increase in funds under administration (FUA). Praemium's integration of acquisitions such as OneVue and Technotia, operational efficiency improvements, and focus on technological enhancements are expected to drive future growth. The company declared a 1.25 cents per share fully franked dividend, reflecting its robust financial health and commitment to shareholder returns.
Key Points
  • Underlying EBITDA increased by 17.9% to $15.2 million.
  • Statutory net profit after tax increased by 69.5% to $9.6 million.
  • Platform revenue grew by 10.5%, now constituting 82% of total revenue.
  • Significant FUA growth with Spectrum and Scope+ solutions.
  • Successful integration of OneVue and Technotia acquisitions.
  • Declared a fully franked dividend of 1.25 cents per share.
  • Continued efficiency gains and strong market positioning in non-custodial services.
  • Enhanced technological capabilities with a focus on AI and automation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.