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Praemium Limited (ASX:PPS)

ALERT: Price-sensitive ASX Announcement for PPS
Current share price for PPS : $0.610 -0.14 (-18.67%)+
Announcement
Release
23 Feb 2026 8:48AM
Price at Release
$0.750
Full Release
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Summary
Praemium Limited's half-year report for the period ending 31 December 2025 highlights a strong financial performance marked by a 69.5% increase in net profit after tax compared to the previous corresponding period. Total funds under administration (FUA) grew by 9.6% to $70.5 billion, with platform FUA up 6.1%. The company successfully completed the transition of the OneVue Platform Business, which contributed to this growth. Praemium also acquired Technotia Laboratories, enhancing its technological capabilities and positioning it at the forefront of AI-driven financial services innovation. Despite some restructuring costs, Praemium's focus on high-net-worth individuals and investment in innovative solutions continue to drive its market competitiveness.
Key Points
  • Net profit after tax increased by 69.5% to $9.9 million.
  • Total FUA rose by 9.6% to $70.5 billion.
  • Platform FUA increased by 6.1% to $32.5 billion.
  • Completed transition of the OneVue Platform Business.
  • Acquisition of Technotia Laboratories to enhance technological capabilities.
  • Declared a fully franked interim dividend of 1.25 cents per share.
  • Focus on high-net-worth individuals driving growth.
  • Investment in AI-driven financial services innovation.
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.