What were the key financial results for Praemium (ASX:PPS) in H1 FY26?

Praemium reported a significant 69.5% increase in statutory net profit after tax, reaching $9.9 million for the half-year ended December 31, 2025.

Is Praemium (ASX:PPS) currently profitable?

Yes, Praemium is profitable and showing strong momentum, with statutory NPAT nearly hitting $10 million for the half-year. The company’s earnings per share grew to 2.1 cents

How much is the Praemium (ASX:PPS) dividend for 2026?

The board has declared a fully franked dividend of 1.25 cents per share following the strong H1 FY26 performance. This dividend is scheduled to be paid to shareholders in March.

What is driving the growth in Praemium’s funds under administration?

Total funds under administration rose 13.7% to $70.5 billion, driven largely by the Scope+ non-custodial segment and the new Spectrum platform.

How did Praemium (ASX:PPS) improve its profit margins this year?

Praemium’s underlying EBITDA margin expanded by 290 basis points to 27.1%, up from 24.2% a year earlier. This margin expansion suggests that the company is successfully scaling its technology platforms while keeping operating costs under control.

What was the impact of the OneVue acquisition on Praemium's revenue?

While total revenue rose 5.3%, revenue excluding OneVue adviser exits grew at a higher rate of 7.9%. This indicates that while some legacy adviser churn from the OneVue transition created a slight drag.

What are the main "bull" points for Praemium (ASX:PPS) after these results?

The "bull" case rests on rapid NPAT growth, expanding EBITDA margins, and a successful product rollout with the Spectrum platform.

What are the key risks or "bear" points for Praemium investors to watch?

Potential risks include the impact of further adviser exits from the OneVue transition and the general sensitivity of funds under administration to market volatility.

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Praemium H1 profit jumps 70% to $9.9M

Written by Brie CarterPublished Feb 23, 2026, 3:15 AMLast Updated Jul 6, 2026, 10:45 AM

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.

Praemium H1 profit jumps 70% to $9.9M

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