Financial services technology provider Praemium (ASX:PPS) has reported a jump in profitability for the half-year ended Dec. 31, 2025.
The company’s statutory net profit after tax rose 69.5% compared to the prior corresponding period, reaching $9.9 million.
The bottom-line growth was supported by a 5.3% increase in revenue to $56 million, while revenue excluding specific adviser exits climbed a more robust 7.9%.
Operational efficiency also improved, with underlying EBITDA rising 17.9% to $15.2 million.
This led to an expanded EBITDA margin of 27.1%, up 290 basis points from the previous year.
Consequently, earnings per share jumped to 2.1 cents, nearly doubling the 1.2 cents reported a year earlier.
On the back of these results, the board declared a 1.25 cents per share fully franked dividend, payable in March.
The company's total funds under administration reached $70.5 billion, a 13.7% increase.
Growth was particularly strong in the Scope+ non-custodial segment, which saw FUA rise 18.9% to $37.9 billion.
Praemium also highlighted the transition of OneVue and the continued momentum of its Spectrum platform, which has attracted $1.4 billion in new business gross inflows since its 2024 launch.
At the time of reporting, Praemium's share price was $0.72.