Information Technology

Praemium Limited (PPS)

Praemium Limited (PPS) is an Australian software technology company providing integrated retail and institutional wealth platform solutions. Operating primarily in Australia with international presence, its key products include Adviser >NEXT, Platform >NEXT, and Global Portfolio System (GPS). Specifically, it offers wealth management and investment platforms for financial advisors and institutions.

Market Cap

A$331M

Shares on Issue

N/A

Company WebsiteAI coverage updated hourlyData from ASX filings

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AI Analysis

Praemium Limited currently operates in a competitive Australian wealth management technology sector, with a market capitalization of A$331M, indicating a small-cap status with inherent speculative risks. Recent performance may reflect challenges in scaling amid intense competition, with key metrics likely showing modest revenue growth but potentially thin margins. As of its last update, the company might have reported around 10-15% annual revenue growth, with operating margins in the low single digits.

Looking ahead, growth could be driven by strategic partnerships, further international expansion (particularly in the UK and Asia), and the adoption of its GPS platform by larger institutions. Upcoming catalysts might include new client wins, platform enhancement announcements, or guidance on international market penetration strategies.

Bull Case

  • Successful international expansion, particularly in the UK, drives substantial revenue growth beyond Australian operations.
  • A large financial institution adopts Praemium's GPS, significantly boosting credibility and attracting follow-on clients.
  • Strategic acquisition or partnership enhances platform capabilities, making PPS an attractive target for a larger player in the fintech space.

Bear Case

  • Intensified competition from established players (e.g., Sharesies,,Harmoney) in the Australian wealth tech market erodes PPS's market share.
  • Regulatory changes in key markets (Australia, UK) increase compliance costs or hinder platform competitiveness.
  • Failure to achieve planned international growth targets leads to investor sentiment downturn and reduced valuation multiples.

Recent Announcements

Notification of cessation of securities - PPS

5 Feb 2026Capital Structure

HY2026 Results Presentation

2 Feb 2026General

Notice Under Section 708A

22 Jan 2026Capital Structure

Application for quotation of securities - PPS

22 Jan 2026Capital Structure

Praemium completes acquisition of Technotia Laboratories

22 Jan 2026M&A

FAQs

What does PPS do?

Praemium Limited provides wealth management and investment platforms (Adviser >NEXT, Platform >NEXT, GPS) for the retail and institutional sectors.

Is PPS a good investment?

PPS offers growth potential through international expansion and platform adoption, but as a small-cap, it comes with higher risk due to market competition and speculative nature. Investment suitability depends on risk tolerance and portfolio diversification.

What drives PPS's share price?

Key drivers include new client wins (especially large institutions), successful international market entries, product enhancements, and broader trends in the fintech and wealth management sectors.