Praemium Posts Higher Total Funds Under Administration in Fiscal Q1; Shares Hit 3.5-Year High
MT Newswires Live
Oct 21, 2025
Praemium (ASX:PPS) reported total funds under administration (FUA) of AU$66.96 billion for the fiscal first quarter ended Sept. 30, up from AU$59.42 billion a year earlier, according to a Tuesday filing with the Australian bourse.
The company reported platform FUA of AU$32 billion, up from AU$29.04 billion in the same period a year earlier, per the filing.
Net flows totaled AU$550 million, compared with AU$139 million a year earlier.
Shares of the company rose 7% in recent Tuesday trade and earlier hit their highest since February 2022.
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