tiprankstipranks
Trending News
More News >
Praemium Ltd (AU:PPS)
ASX:PPS
Australian Market

Praemium Ltd (PPS) AI Stock Analysis

Compare
30 Followers

Top Page

AU:PPS

Praemium Ltd

(Sydney:PPS)

Select Model
Select Model
Select Model
Neutral 50 (OpenAI - 4o)
Rating:50Neutral
Price Target:
AU$1.00
▲(26.58% Upside)
Praemium Ltd's overall stock score reflects a combination of mixed financial performance, bearish technical indicators, and a relatively high valuation. The company's strong balance sheet and profit margins are offset by revenue volatility and declining free cash flow growth. Technical analysis suggests potential oversold conditions, but the high P/E ratio indicates possible overvaluation.
Positive Factors
Business Model Strength
The subscription-based model provides a stable and predictable revenue stream, enhancing financial stability and long-term growth potential.
Market Position
As a leader in investment and wealth management solutions, Praemium benefits from a strong market position, supporting sustained competitive advantage.
Profit Margins
Strong profit margins indicate operational efficiency and pricing power, contributing to long-term profitability and financial health.
Negative Factors
Revenue Volatility
Revenue volatility and declining growth can signal market challenges and impact long-term financial performance and investor confidence.
Declining Free Cash Flow
Declining free cash flow growth may constrain future investments and limit the company's ability to capitalize on growth opportunities.
Revenue Growth Decline
A sharp decline in revenue growth rate suggests potential instability and challenges in maintaining market share and competitive position.

Praemium Ltd (PPS) vs. iShares MSCI Australia ETF (EWA)

Praemium Ltd Business Overview & Revenue Model

Company DescriptionPraemium 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 MoneyPraemium 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 shows a mixed financial picture. The income statement highlights significant revenue challenges with a dramatic decline in revenue growth rate, indicating potential instability. However, the balance sheet reflects strong financial stability with a low debt-to-equity ratio, 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.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue103.04M1.70M82.73M74.29M63.34M52.88M
Gross Profit39.10M1.60M34.14M24.70M18.14M16.35M
EBITDA25.01M23.93M17.41M20.69M14.32M16.20M
Net Income13.56M13.56M8.75M15.15M43.57M1.54M
Balance Sheet
Total Assets135.63M135.63M134.58M129.50M156.91M112.47M
Cash, Cash Equivalents and Short-Term Investments40.97M40.97M44.34M46.25M80.55M26.74M
Total Debt1.46M1.46M1.96M2.18M11.40M16.37M
Total Liabilities23.63M23.63M25.44M21.38M54.57M32.56M
Stockholders Equity112.00M112.00M109.15M108.12M102.34M79.91M
Cash Flow
Free Cash Flow20.16M10.20M8.69M15.22M2.97M-1.78M
Operating Cash Flow20.44M20.54M17.04M23.36M9.63M5.46M
Investing Cash Flow-10.91M-10.91M-8.47M-8.40M49.74M-6.48M
Financing Cash Flow-12.82M-12.92M-10.48M-48.89M-5.77M11.78M

Praemium Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.79
Price Trends
50DMA
0.82
Negative
100DMA
0.81
Negative
200DMA
0.74
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
47.18
Neutral
STOCH
75.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PPS, the sentiment is Negative. The current price of 0.79 is below the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.82, and above the 200-day MA of 0.74, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.18 is Neutral, neither overbought nor oversold. The STOCH value of 75.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PPS.

Praemium Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
64
Neutral
AU$6.27B52.8067.81%1.45%28.29%39.39%
60
Neutral
AU$117.01M7.079.31%-5.73%-36.36%
55
Neutral
AU$436.43M20.6212.36%2.86%-26.30%40.12%
53
Neutral
AU$85.37M-130.65-0.15%5.03%52.31%
50
Neutral
AU$387.52M27.9212.27%2.81%24.56%59.32%
46
Neutral
AU$11.84M-2.27-34.88%43.00%-6078.57%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PPS
Praemium Ltd
0.79
0.13
19.70%
AU:RZI
Raiz Invest Ltd.
0.81
0.22
36.13%
AU:OFX
OFX Group Ltd.
0.50
-0.85
-63.06%
AU:COG
COG Financial Services Limited
1.94
0.97
100.00%
AU:NWL
Netwealth Group Ltd.
25.15
-1.10
-4.19%
AU:FNX
Finexia Financial Group Ltd
0.19
-0.09
-32.14%

Praemium Ltd Corporate Events

Praemium Performance Rights Lapse, Reducing Potential Equity Dilution
Jan 6, 2026

Praemium Limited has notified the market that 415,896 performance rights (PPSAO), which were due to expire on various dates, have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of 6 January 2026. The cessation of these conditional securities effectively reduces the company’s potential future equity dilution from this tranche of performance rights and may reflect the non-achievement of specified performance hurdles tied to management or staff incentives, with implications for both capital structure and incentive alignment.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Sets Date for December Quarter FY2026 Update and Investor Briefing
Jan 5, 2026

Praemium Limited has announced that it will release its December quarter update for the 2026 financial year on 21 January 2026, providing the market with fresh insight into its recent trading performance. The company will host an online briefing for investors and analysts at 9:00am AEDT on the same day, underscoring its efforts to maintain transparency and engagement with the investment community ahead of the detailed quarterly disclosure.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Director Anthony Wamsteker Increases Indirect Shareholding
Dec 19, 2025

Praemium Limited has disclosed a change in the interests of director Anthony Wamsteker, who holds both direct and indirect stakes in the company. Through Lornette Pty Ltd as trustee for the Lornette Super Fund, of which he is a beneficiary, Wamsteker acquired 177,737 ordinary shares via an on‑market trade at an average price of $0.7698 per share, increasing his indirect holding to 2.1 million ordinary shares while his direct holding of 2,237,097 performance rights remains unchanged. The transaction, carried out outside a closed period and without any associated contracts or derivative interests, modestly increases director alignment with shareholders and provides updated transparency on Praemium’s board-level ownership structure for investors and regulators.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Director Barry Lewin Increases Indirect Shareholding
Dec 19, 2025

Praemium Limited has disclosed a change in director Barry Lewin’s indirect holding in the company, with entities associated with him acquiring 50,000 ordinary shares via an on-market trade on 16 December 2025 at an average price of $0.7697 per share. Following the transaction, Lewin’s indirect interest increased from 775,700 to 825,700 ordinary shares, signalling a modest vote of confidence from the director in the company’s prospects, though there were no changes to any related contracts or indications of trading during a closed period.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Limited Announces Proposed Securities Issue
Dec 15, 2025

Praemium Limited has announced a proposed issue of securities, with a maximum of 9,047,045 ordinary fully paid shares to be issued. The proposed issue date is January 30, 2026, and the company has submitted the necessary information to the Australian Securities Exchange (ASX) for approval and quotation.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Acquires Technotia Laboratories to Boost AI Innovation
Dec 15, 2025

Praemium Limited has announced the acquisition of Technotia Laboratories, a specialist in computing machinery and intelligence, to enhance its AI-driven financial services platform. This strategic move is expected to accelerate innovation, improve competitive differentiation, and create long-term shareholder value by integrating Technotia’s scientific expertise into Praemium’s operations.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Announces Director’s Interest Change
Dec 4, 2025

Praemium Ltd has announced a change in the director’s interest, with Anthony Wamsteker acquiring 237,097 performance rights under the company’s Director & Employee Benefits Plan. This change reflects the company’s ongoing commitment to aligning the interests of its directors and employees with its operational goals, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium Ltd Issues Unquoted Performance Rights to Employees
Dec 4, 2025

Praemium Ltd announced the issuance of 237,097 unquoted performance rights under an employee incentive scheme. This move is part of the company’s strategy to align employee interests with corporate goals and enhance operational efficiency, potentially strengthening its market position and stakeholder value.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

Praemium’s OneVue Acquisition: No Additional Earn Out Payments Due
Nov 28, 2025

Praemium Limited announced that no additional payments are due to Iress Limited for the second earn out period following the acquisition of the OneVue Platform Business. The retained funds under administration did not meet the $3 billion threshold due to client outflows and contract terminations. Despite this, Praemium’s CEO remains optimistic about achieving $3 million in annual EBITDA from synergies related to the acquisition, with no expected material impact on earnings.

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’s 2025 AGM Resolutions Passed with Strong Shareholder Support
Nov 26, 2025

Praemium Limited announced the results of its 2025 Annual General Meeting, where all resolutions, including the adoption of the remuneration report, re-election of director Barry Lewin, and the issuance of performance rights to CEO Anthony Wamsteker, were carried. The outcomes reflect strong shareholder support, indicating confidence in the company’s leadership and strategic direction.

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 Issues New Performance Rights to Employees
Nov 12, 2025

Praemium Ltd announced the issuance of 887,399 unquoted performance rights under an employee incentive scheme, which are not intended to be listed on the ASX. This move is part of the company’s strategy to incentivize employees, potentially enhancing productivity and aligning employee interests with company goals.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.30 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
Oct 21, 2025

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
Oct 21, 2025

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
Oct 20, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 15, 2025