Praemium Limited (ASX:PPS) provides technology and product solutions enabling advisers to deliver outcomes for their clients, including achieving their financial goals and having a positive wealth management experience. The Praemium platform is designed to bring innovations to transform advice services and the Company has just released its full year results and declared a maiden dividend. Praemium CEO Anthony Wamsteker speaks with The Stock Network’s Lel Smits.
🏆 Results highlights – Declared 1 cent per share fully franked dividend
🖥️ Results details – Revenue and other income of up 12%
🗓️ Outlook – “Praemium enters 2025 with optimism and positive momentum. The SMA platform’s premium offer is priced at competitive levels consistent with the market we serve. We will look to that experience as a model for ensuring the same rigorous review is applied to our VMA and VMAAS offers in 2025. Our investments in capability and resilience have set us up for long-term success.
We are also on the cusp of launching our next generation IDPS. We have listened to our stakeholders and deployed our best operational, technology and product experts to ensure this service will meet the needs of a significant portion of our target market. We already have active portfolios in this IDPS and will launch fully in October 2024.” – CEO Anthony Wamsteker & CFO David Coulter
Watch the full interview ⚡ https://youtu.be/xn9JcJEIJu8
ASX announcement ⚡ https://announcements.asx.com.au/asxpdf/20240826/pdf/0670lw479qmpn1.pdf