• Increased operating leverage with underlying EBITDA margin up 290bps to 27.1%
• Spectrum organic gross inflows of $1.4b since launch, Powerwrap returns to positive net flows
• Scope+ FUA reaches $37.9b, market-leading non-custodial solution

Praemium Ltd has reported a strong set of financial results for the first half of FY2026, with underlying EBITDA increasing 17.9% to $15.2 million and the underlying EBITDA margin expanding 290 basis points to 27.1%. Revenue from customers grew 7.9%, excluding the impact of OneVue adviser exits, driven by a 10.5% increase in platform revenue. The company's Spectrum high-net-worth solution saw $1.4 billion in organic gross inflows since its launch, while Powerwrap returned to positive net flows. Praemium's market-leading non-custodial Scope+ platform reached $37.9 billion in FUA, up 12.8% from the prior half. The company also made progress on its Technotia acquisition, which is expected to underpin sustainable earnings growth through improved automation and technology capabilities. Praemium remains focused on realizing synergies from the OneVue and Technotia integrations, while accelerating growth in its core platforms.

Praemium expects to achieve over $3 million in EBITDA uplift from the OneVue acquisition in FY2027, with further tailwinds from FUA and revenue growth.

The company is focused on realizing synergies from the OneVue and Technotia acquisitions, maintaining solid operating and financial momentum, and driving continued growth in new business wins and enterprise onboardings. The Technotia integration is expected to underpin sustainable earnings growth.