middle.news

How Praemium’s $9.9M Profit Surge and AI Buyout Signal Wealth Tech’s Future

9:03am on Monday 23rd of February, 2026 AEDT Financial Services
Read Story

How Praemium’s $9.9M Profit Surge and AI Buyout Signal Wealth Tech’s Future

9:03am on Monday 23rd of February, 2026 AEDT
Key Points
  • Net profit after tax surged 69.5% to $9.9 million
  • Total funds under administration grew 9.6% to $70.5 billion
  • Successful completion of OneVue platform transition with expected adviser attrition
  • Acquisition of Technotia Laboratories to boost AI-driven innovation
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about PRAEMIUM (ASX:PPS)
OPEN ARTICLE