Praemium (PPS) Q1 2027 earnings summary

Executive summary

• Platform FUA reached $34.4bn, up 7.4% YoY, with positive quarterly net flows of $274m; Scope+ FUA rose 30.3% to $45.5bn.

• Flows eased from recent strong periods amid softer wealth-management industry inflows.

Financial highlights

• Closing Platform FUA was $34.353bn at 30 September 2026, up 7.4% YoY; total FUA was $79.899bn, up 19.3%.

• Quarterly inflows were $1.784bn and outflows were $1.510bn; net flows of $274m were down 50.2% YoY.

• Cash Management Holdings were $1.838bn, equal to 5.3% of FUA.

Segment performance

• Spectrum supported new client onboarding and additional net inflows from existing clients expanding their use of the solution.

• Scope+ FUA increased 30.3% YoY to $45.547bn; Scope-administered portfolios declined 5.2% to 57,295.

• Scope+ portfolios grew 30.7% to 12,856 and represented 22.4% of Scope portfolios, up from 16.3% a year earlier.