Praemium (PPS) Q4 2026 earnings summary

Executive summary

• Annual net flows reached $1.9 billion for FY26, reflecting strong adviser demand and platform adoption, especially in the high-net-worth segment.

• Total Funds Under Administration (FUA) increased 21.1% year-over-year to $77.9 billion as of 30 June 2026.

• Technology transformation advanced with integration of Technotia, delivering operational and financial benefits.

• Key enterprise client renewals and successful migrations strengthened business foundations.

Financial highlights

• Platform FUA rose 10.8% year-over-year to $34.0 billion, with quarterly net flows of $316 million in Q4.

• Scope+ (non-custodial portfolio administration) FUA grew 30.5% to $43.9 billion; portfolios up 33.7% to 12,793.

• Cash Management Holdings stood at $1,812 million, representing 5.3% of FUA.

• Total inflows for FY26 were $8,132 million, up 15.6% year-over-year; total outflows were $6,206 million.

• Net flows (excluding adviser exits) increased 62.8% to $2,448 million year-over-year.

Outlook and guidance

• Adviser exit-related outflows are expected to continue moderating into FY27 as major platform migrations are complete.

• Technology transformation is expected to improve operating efficiency, support faster client onboarding, and enhance revenue and margin growth.

• Sustained high-net-worth adviser engagement and a clear pathway to improved operating leverage into FY27.