FY2025 Appendix 4E and Annual Report
| Stock | Praemium Ltd (PPS.ASX) |
|---|---|
| Release Time | 25 Aug 2025, 8:21 a.m. |
| Price Sensitive | Yes |
FY2025 Appendix 4E and Annual Report
- 25% growth in revenue from contracts with customers to $103m
- 31% growth in underlying EBITDA to $28.1m
- 55% increase in net profit after tax to $13.6m
Praemium Ltd had a pivotal year in FY2025, marked by disciplined execution of its strategy and growing momentum in the high-net-worth (HNW) segment. The company delivered solid financial results, with 25% growth in revenue from contracts with customers to $103 million, and a 31% increase in underlying EBITDA to $28.1 million. Net profit after tax grew 55% to $13.6 million. Praemium's platform capabilities, including its market-leading Separately Managed Accounts (SMA) offering and the new Spectrum product, have positioned the company well to capture the growing demand for sophisticated wealth management solutions. The company secured three significant enterprise clients in the HNW target market, across its key product categories. Integration of the OneVue platform also progressed, with $1.7 billion successfully transferred onto the Praemium platform. Praemium continues to invest in its future, restructuring for greater efficiency, enhancing its superannuation proposition, and strengthening its operational capabilities, cyber security, and AI. The company remains confident in its strategic direction and five key focus areas: product, operations, service, superannuation, and growth.
Praemium expects to deliver further growth in FY2026, with the completion of the OneVue integration and the onboarding of new strategic clients such as Euroz Hartley and Morgans.
Praemium is well positioned to capture the significant long-term growth potential of the Australian wealth management industry, driven by its market-leading platform capabilities, sophisticated wealth management solutions, and strong strategic partnerships.