Praemium Ltd (PPS) AI Stock Analysis

• Market Cap: AU$397.09M
• Dividend Yield: 2.41%
• Average Volume (3M): 1.00M
• Price to Earnings (P/E): 29.3
• Beta (1Y): 1.30
• Revenue Growth: 24.56%
• EPS Growth: 59.32%
• Country: AU
• Employees: 360
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.02
• Shares Outstanding: 478,425,380
• 10 Day Avg. Volume: 1,312,082
• 30 Day Avg. Volume: 1,004,049
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.10
• Price Target Upside: 17.02% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 57 Neutral
• Price Target: AU$1.00 ▲(6.38% Upside)

Praemium Ltd's overall stock score is driven by a mixed financial performance, with strong balance sheet stability but significant revenue challenges. Technical analysis indicates bullish momentum, though overbought conditions may lead to a pullback. The valuation is a concern due to a high P/E ratio, despite a reasonable dividend yield.

Praemium Ltd Business Overview & Revenue Model

Company Description

Praemium Limited, together with its subsidiaries, provides managed accounts platform, investment management, portfolio administration, and reporting and financial planning software in Australia and internationally. It offers managed accounts platform that enables advisers and wealth managers to construct the managed account solutions for their clients; and virtual managed accounts (VMA) and VMA administration services. The company also provides advice solutions comprising practice management, report building and plan generation, remuneration, lead generation, and client engagement services, as well as Wealthcraft services. It serves financial advisers, brokers, and accountants. Praemium Limited was incorporated in 2001 and is based in Melbourne, Australia.

How the Company Makes Money

Praemium generates revenue primarily through a subscription-based model, where clients pay fees for access to its investment platform and related services. Key revenue streams include platform fees, which are charged as a percentage of assets under administration (AUA), and transaction fees for trading activity executed on the platform. Additionally, the company earns income from managed accounts, where it charges investment management fees. Significant partnerships with financial institutions and advisers enhance its market reach and contribute to its client base, further driving revenue growth. The company may also benefit from performance fees tied to investment outcomes, depending on the specific agreements with clients.

Praemium Ltd Financial Statement Overview

Summary

Praemium Ltd's financial performance is mixed. The income statement shows significant revenue volatility with a sharp decline, but the company maintains strong gross and net profit margins. The balance sheet is strong with low leverage, and cash flow generation is adequate despite declining free cash flow growth.

Income Statement

Praemium Ltd's income statement reveals significant volatility, with a dramatic decline in revenue growth rate of -98.22% in the latest year, indicating potential instability. Despite this, the company maintains a strong gross profit margin and a positive net profit margin, suggesting some level of operational efficiency. However, the sharp revenue drop is a major concern.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio, indicating financial stability and low leverage risk. The return on equity is positive, reflecting effective use of equity to generate profits. The equity ratio is healthy, suggesting a solid capital structure.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth, which could impact future liquidity. However, the operating cash flow remains robust compared to net income, suggesting good cash generation from operations. The free cash flow to net income ratio is positive, but the declining trend is concerning.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	103.04M	1.70M	82.73M	74.29M	63.34M	52.88M
Gross Profit	39.10M	1.60M	34.14M	24.70M	18.14M	16.35M
EBITDA	25.01M	23.93M	17.41M	20.69M	14.32M	16.20M
Net Income	13.56M	13.56M	8.75M	15.15M	43.57M	1.54M
Balance Sheet
Total Assets	135.63M	135.63M	134.58M	129.50M	156.91M	112.47M
Cash, Cash Equivalents and Short-Term Investments	40.97M	40.97M	44.34M	46.25M	80.55M	26.74M
Total Debt	1.46M	1.46M	1.96M	2.18M	11.40M	16.37M
Total Liabilities	23.63M	23.63M	25.44M	21.38M	54.57M	32.56M
Stockholders Equity	112.00M	112.00M	109.15M	108.12M	102.34M	79.91M
Cash Flow
Free Cash Flow	20.16M	10.20M	8.69M	15.22M	2.97M	-1.78M
Operating Cash Flow	20.44M	20.54M	17.04M	23.36M	9.63M	5.46M
Investing Cash Flow	-10.91M	-10.91M	-8.47M	-8.40M	49.74M	-6.48M
Financing Cash Flow	-12.82M	-12.92M	-10.48M	-48.89M	-5.77M	11.78M

Praemium Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PPS, the sentiment is Positive. The current price of 0.94 is above the 20-day moving average (MA) of 0.81, above the 50-day MA of 0.77, and above the 200-day MA of 0.72, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 68.10 is Neutral, neither overbought nor oversold. The STOCH value of 90.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PPS.

Praemium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
NWL	66 Neutral	AU$7.93B	67.37	67.81%	1.18%	28.29%	39.39%
OFX	66 Neutral	AU$190.00M	7.83	14.15%	―	-4.69%	-18.65%
COG	66 Neutral	AU$487.27M	24.44	12.36%	2.53%	-26.30%	40.12%
PPS	57 Neutral	AU$397.09M	29.33	12.27%	2.41%	24.56%	59.32%
RZI	57 Neutral	€87.47M	―	-0.15%	―	5.03%	52.31%
FNX	45 Neutral	AU$9.03M	―	-19.59%	―	49.34%	-3842.86%

Praemium Ltd Corporate Events

Praemium Limited Announces Hybrid 2025 AGM

Praemium Limited has announced its 2025 Annual General Meeting (AGM) will be held as a hybrid event on November 26, 2025, at 10:30 am AEDT. The meeting will take place at the RACV Club in Melbourne and will also be accessible online, reflecting the company’s commitment to accommodating both in-person and virtual attendance. This approach may enhance shareholder engagement and accessibility, potentially impacting the company’s stakeholder relations positively.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Limited Releases September Quarter Update for FY2026

Praemium Limited has released its September Quarter Update for the 2026 Financial Year, presented by CEO Anthony Wamsteker and CFO Emma Stepcic. The update, accessible through an online presentation, highlights the company’s ongoing efforts to maintain transparency with investors and analysts, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (AU:PPS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Reports Strong Q1 FY2026 Growth in Funds Under Administration

Praemium Ltd reported a 13% increase in Total Funds Under Administration (FUA) to $67.0 billion for the quarter ending September 2025, driven by strong organic growth in its Spectrum platform. The company saw significant net inflows across its product suite, with Spectrum achieving $299 million in net inflows and growing its FUA to $3.3 billion. The strategic focus on the high-net-worth segment and the effectiveness of Praemium’s product offerings have positioned the company for continued growth. The transition of OneVue assets is progressing, supporting platform consolidation and enhanced client outcomes. Praemium’s strategic initiatives, including the development of an in-house superannuation administration capability and increased access to global funds, are expected to bolster its market position and drive future growth.

The most recent analyst rating on (AU:PPS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Announces Quotation of New Securities on ASX

Praemium Ltd has announced the application for the quotation of 710,220 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from October 6, 2025. This move is part of the company’s ongoing efforts to enhance its market presence and operational capabilities, potentially impacting its industry positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:PPS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Limited Announces Hybrid 2025 AGM

Praemium Limited has announced its 2025 Annual General Meeting (AGM) will be held on November 26, 2025, in a hybrid format, allowing shareholders to participate both in-person and virtually. This approach aims to enhance shareholder engagement and accessibility. The company has set October 8, 2025, as the deadline for director nominations, with further AGM details to be released in October. This move reflects Praemium’s commitment to leveraging technology to improve shareholder interaction and maintain transparency in its governance practices.

The most recent analyst rating on (AU:PPS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Appoints New Chief Financial Officer

Praemium Limited has appointed Ms. Emmalene Stepcic as its new Chief Financial Officer, effective 1 October 2025. With a strong background in financial leadership roles at ASX-listed companies, Emma is expected to enhance Praemium’s executive leadership team and contribute significantly to its strategic and operational capabilities. This appointment follows the departure of interim CFO Simon Moore, who made several improvements to the finance function during his tenure.

The most recent analyst rating on (AU:PPS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Director Increases Shareholding

Praemium Ltd has announced a change in the director’s interest, with Barry Lewin acquiring 150,000 ordinary shares through an on-market trade, bringing his total holdings to 775,700 shares. This transaction, executed at an average price of $0.769 per share, reflects a strategic move by the director, potentially signaling confidence in the company’s future performance and impacting stakeholder perceptions.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Releases FY2025 Corporate Governance Statement

Praemium Ltd has released its FY2025 Corporate Governance Statement, outlining its adherence to key governance principles. The statement emphasizes the company’s commitment to ethical management, board structure, risk management, and shareholder rights, aiming to enhance transparency and integrity in its operations.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Announces Dividend Distribution for Shareholders

Praemium Ltd has announced a dividend distribution of AUD 0.0125 per share for its ordinary fully paid securities. This dividend relates to the six-month period ending on June 30, 2025, with an ex-date of September 3, 2025, and a payment date of September 18, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may impact its market positioning by potentially enhancing investor confidence.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Achieves Strong Financial Growth in FY2025

Praemium Ltd reported a strong financial performance for the year ending June 30, 2025, with a 25% increase in revenue to $103 million and a 55% rise in statutory NPAT to $13.6 million. The company also achieved a 31% growth in EBITDA to $28.1 million, reflecting efficient scaling and strategic execution. Praemium’s focus on technology innovation and new product launches, such as the Spectrum IDPS, has positioned it well in the Australian wealth market. The successful integration of OneVue and significant client wins have further strengthened its market position, promising sustained value for shareholders.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Reports Strong Financial Growth and Increased Dividends

Praemium Ltd reported a significant increase in its financial performance for the year ended June 30, 2025, with revenues rising by 24.6% to $103 million and net profit before tax increasing by 44.1% to $16.7 million. The company’s robust growth is reflected in a 55% rise in net profit attributable to members, reaching $13.6 million. This financial success has allowed Praemium to declare a final dividend of 1.25 cents per share, up from the previous year’s total dividend of 1 cent, indicating strong returns for shareholders.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$0.99 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.