Praemium Limited

ASX:PPS Stock Report

Market Cap: AU$346.1m

Praemium Past Earnings Performance

Past criteria checks 5/6

Praemium has been growing earnings at an average annual rate of 19.5%, while the Software industry saw earnings growing at 14.6% annually. Revenues have been growing at an average rate of 15.9% per year. Praemium's return on equity is 15.1%, and it has net margins of 16.2%.

Key information

19.53%

Earnings growth rate

18.86%

EPS growth rate

Software Industry Growth22.05%
Revenue growth rate15.93%
Return on equity15.14%
Net Margin16.15%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update May 02

PPS: Steady Margins And Moderately Lower P/E Will Support Future Upside

Analysts have lowered their price target on Praemium to about A$1.05 from A$1.10, reflecting revised assumptions for revenue growth and future P/E, while keeping profit margin expectations broadly steady. Valuation Changes Fair Value: revised slightly lower to A$1.05 from A$1.10.
Narrative Update Apr 18

PPS: Higher Margin Outlook And Slightly Lower P/E Will Drive Bullish Upside

Analysts have adjusted their price target for Praemium to A$1.10, citing slightly lower discount rate assumptions, modestly higher revenue growth and profit margin expectations, and a small change in projected future P/E as key drivers of the revised view. Valuation Changes Fair Value: A$1.10 is unchanged in the updated assessment.
Narrative Update Apr 03

PPS: Stable Assumptions And Lower Discount Rate Will Support Future Upside

Analysts have kept Praemium's fair value estimate broadly steady at A$1.23, with only small tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E. These changes help refine rather than shift their overall price target view.
Narrative Update Mar 20

PPS: Higher Margin Outlook And Lower Future P/E Will Support Bullish Upside

Analysts have lifted their price target on Praemium from A$1.05 to A$1.10. They point to updated assumptions around a slightly higher discount rate, more moderate revenue growth, stronger profit margins and a lower future P/E multiple as the key drivers of the change.
Narrative Update Mar 05

PPS: Higher Margin Outlook And Modest Repricing Will Support Future Share Price Upside

Analysts have modestly lifted their fair value estimate for Praemium from about A$1.15 to roughly A$1.23. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples.
Narrative Update Feb 19

PPS: Higher Margin Outlook And Updated P/E Assumptions Will Support Bullish Upside

Analysts have nudged their price target for Praemium slightly higher, with fair value moving from A$1.03 to A$1.05, citing updated assumptions around revenue growth, profit margins and future P/E expectations. Valuation Changes Fair value has been adjusted slightly higher from A$1.03 to A$1.05.
Narrative Update Feb 05

PPS: Higher Growth And Margin Assumptions Will Support Future Share Price Upside

Analysts have nudged their price target for Praemium higher to A$1.15 from A$1.12, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that slightly adjust their overall valuation framework. Valuation Changes Fair Value: updated from A$1.12 to A$1.15, representing a modest uplift in the modelled valuation anchor.
Narrative Update Jan 22

PPS: Higher Margin Outlook And P/E Assumptions Will Support Bullish Upside

Analysts have lifted their fair value estimate for Praemium from A$0.78 to A$1.03, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of the new price target. Valuation Changes Fair value estimate was raised from A$0.78 to A$1.03, reflecting a higher assessed worth per share based on updated inputs.
Narrative Update Jan 08

PPS: Steady Assumptions Will Support Future Margin Expansion And Share Price Upside

Analysts have kept their price target on Praemium broadly steady at around A$1.12, with only marginal tweaks to assumptions such as the discount rate and future P/E. These changes reflect fine tuning of their models rather than a material change in outlook.
Narrative Update Dec 17

PPS: Index Inclusion Will Support Future Margin Expansion And Share Price Upside

Analysts have modestly raised their price target on Praemium to reflect a slightly higher projected profit margin and marginally stronger revenue growth, while applying a broadly unchanged valuation multiple and discount rate to their updated cash flow forecasts. What's in the News Praemium Limited has been added to the S&P Global BMI Index, potentially broadening its investor base and improving share liquidity (index announcement).
Narrative Update Dec 03

PPS: Index Inclusion Will Support Future Margin-Driven Share Price Upside

Analysts have nudged their price target on Praemium slightly higher to reflect improved profit margin expectations and a modestly higher assessed fair value, despite a small tempering of long term revenue growth assumptions. What's in the News Praemium Limited has been added to the S&P Global BMI Index, enhancing its visibility among global institutional investors (Key Developments) Praemium has appointed Emmalene (Emma) Stepcic as Chief Financial Officer, bringing senior ASX-listed and international finance experience from Atlas Arteria, Envirosuite, Schlumberger, and Deloitte (Key Developments) Interim CFO Simon Moore will depart Praemium on 19 September 2025, ahead of Emma Stepcic commencing as CFO on 1 October 2025 (Key Developments) Valuation Changes Fair value has risen slightly, with the assessed valuation increasing from 1.116x to 1.122x.
Narrative Update Nov 19

PPS: Index Addition And Incoming CFO Appointment Will Drive Shares Higher

Narrative Update on Praemium: Analyst Price Target Adjustment Analysts have raised their price target for Praemium by approximately $0.12. They cited a modest increase in the discount rate, along with slight improvements in future profitability expectations.
Narrative Update Nov 05

PPS: Recent Index Inclusion And Leadership Appointment Will Drive Shares Higher

Praemium Analyst Price Target Revised Upward Analysts have increased their price target for Praemium, reflecting improved expectations for revenue growth and profit margins as well as a slightly lower discount rate applied in their updated valuation models. What's in the News Praemium Limited (ASX:PPS) has been added to the S&P Global BMI Index (Key Developments) Ms. Emmalene (Emma) Stepcic has been appointed as Chief Financial Officer, commencing 1 October 2025.
Narrative Update Oct 22

Analysts Lift Praemium Price Target as Revenue Outlook and Valuation Improve Following Key Developments

Analysts have raised their price target for Praemium from $1.01 to $1.12. This change reflects improved revenue growth expectations and a higher projected future price-to-earnings ratio.
Analysis Article Aug 27

Praemium (ASX:PPS) Is Paying Out A Dividend Of A$0.0125

Praemium Limited's ( ASX:PPS ) investors are due to receive a payment of A$0.0125 per share on 18th of September. The...
Narrative Update Aug 26

OneVue Integration And Spectrum Launch Will Boost Client Engagement

Praemium's improved net profit margin and a notably lower future P/E ratio signal enhanced profitability and valuation appeal, justifying the increase in the consensus analyst price target from A$0.95 to A$1.01. Valuation Changes Summary of Valuation Changes for Praemium The Consensus Analyst Price Target has risen from A$0.95 to A$1.01.
Analysis Article Jul 20

Why Investors Shouldn't Be Surprised By Praemium Limited's (ASX:PPS) 26% Share Price Surge

Praemium Limited ( ASX:PPS ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article May 07

Praemium Limited (ASX:PPS) Looks Just Right With A 25% Price Jump

Those holding Praemium Limited ( ASX:PPS ) shares would be relieved that the share price has rebounded 25% in the last...
User avatar
New Narrative Mar 15

Spectrum Launch And AI Integration Will Drive Future Success

New product Spectrum drives revenue growth, while AI pilots aim to enhance operational efficiency and service, boosting future net margins.
Analysis Article Feb 01

Investors Appear Satisfied With Praemium Limited's (ASX:PPS) Prospects As Shares Rocket 25%

Praemium Limited ( ASX:PPS ) shares have continued their recent momentum with a 25% gain in the last month alone. The...
Analysis Article Sep 23

Earnings Tell The Story For Praemium Limited (ASX:PPS) As Its Stock Soars 29%

Praemium Limited ( ASX:PPS ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Aug 29

Results: Praemium Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Praemium Limited ( ASX:PPS ) just released its latest annual results and things are looking bullish. The company beat...
Analysis Article Jun 24

Is Praemium Limited (ASX:PPS) Potentially Undervalued?

While Praemium Limited ( ASX:PPS ) might not have the largest market cap around , it saw a double-digit share price...
Analysis Article Dec 18

Why Investors Shouldn't Be Surprised By Praemium Limited's (ASX:PPS) 37% Share Price Plunge

The Praemium Limited ( ASX:PPS ) share price has fared very poorly over the last month, falling by a substantial 37...
Analysis Article Sep 25

Is It Time To Consider Buying Praemium Limited (ASX:PPS)?

Praemium Limited ( ASX:PPS ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Jul 07

An Intrinsic Calculation For Praemium Limited (ASX:PPS) Suggests It's 43% Undervalued

Key Insights The projected fair value for Praemium is AU$1.05 based on 2 Stage Free Cash Flow to Equity Praemium is...
Analysis Article Jul 22

Is Praemium Limited (ASX:PPS) Trading At A 49% Discount?

Today we will run through one way of estimating the intrinsic value of Praemium Limited ( ASX:PPS ) by estimating the...

Revenue & Expenses Breakdown

How Praemium makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:PPS Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2510918110
30 Sep 2510616100
30 Jun 2510314100
31 Mar 251011290
31 Dec 24971190
30 Sep 24901090
30 Jun 2483990
31 Mar 2480990
31 Dec 23771090
30 Sep 23761390
30 Jun 23741580
31 Mar 23711580
31 Dec 22681470
30 Sep 2266970
30 Jun 2263470
31 Mar 2261270
31 Dec 2158160
30 Sep 2156460
30 Jun 2153750
31 Mar 2151860
31 Dec 2050880
30 Sep 2050680
30 Jun 2050590
31 Mar 20494100
31 Dec 19473100
30 Sep 19463110
30 Jun 19443110
31 Mar 19442120
31 Dec 18441130
30 Sep 18431130
30 Jun 18421130
31 Mar 18401130
31 Dec 17381120
30 Sep 17361110
30 Jun 1734190
31 Mar 1733080
31 Dec 1631060
30 Sep 1630060
30 Jun 1628160
31 Mar 1627050
31 Dec 1526050
30 Sep 1524-150
30 Jun 1522-240

Quality Earnings: PPS has high quality earnings.

Growing Profit Margin: PPS's current net profit margins (16.2%) are higher than last year (10.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PPS's earnings have grown by 19.5% per year over the past 5 years.

Accelerating Growth: PPS's earnings growth over the past year (66.7%) exceeds its 5-year average (19.5% per year).

Earnings vs Industry: PPS earnings growth over the past year (66.7%) exceeded the Software industry 16.2%.


Return on Equity

High ROE: PPS's Return on Equity (15.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 11:16
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Praemium Limited is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Hayden NicholsonBell Potter
Warren JeffriesCanaccord Genuity