• Statutory NPAT up 69.5% to $9.9 million
• Underlying EBITDA up 17.9% to $15.2 million
• 1.25cps fully franked dividend declared

Praemium Ltd has reported its financial results for the half year ended 31 December 2025 (1H FY26). Statutory Net Profit After Tax (NPAT) increased by 69.5% on the prior corresponding period (PCP) to $9.9 million. Revenue grew 5.3% to $56.0 million, with revenue excluding the impact of OneVue adviser exits up 7.9% on PCP. Underlying EBITDA was $15.2 million, up 17.9% from $12.9 million in the PCP, with the underlying EBITDA margin improving by 290bps to 27.1%. Earnings per share increased from 1.2cps in the PCP to 2.1cps. The company's net assets stood at $116.3 million as of 31 December 2025, compared to $112.0 million at 30 June 2025. Praemium also declared a fully franked interim dividend of 1.25cps, to be paid in March 2026. Key business highlights include the successful completion of the OneVue transition, with $3 million of synergies on track, and strong growth in total Funds Under Administration (FUA), up 13.7% on PCP to $70.5 billion. The company continues to invest in innovation and product development, with a focus on enhancing its technology capabilities and superannuation offering.

Praemium expects to realise $3 million of synergies from the OneVue acquisition over the coming period.

Praemium enters the second half of FY26 with solid operating and financial momentum, with the OneVue transition now completed. The company expects to see continued growth in platform FUA and higher revenue growth, supported by new business wins and ongoing improvements in onboarding. The integration of Technotia Laboratories is also progressing as planned, with early outcomes reinforcing the potential for cost and productivity benefits through enhanced automation, scalability and technology capability.