tiprankstipranks
Praemium Limited Reports Strong Financial Growth and Acquisitions
Company Announcements

Praemium Limited Reports Strong Financial Growth and Acquisitions

Praemium Ltd (AU:PPS) has released an update.

Don't Miss Our Christmas Offers:

Praemium Limited has reported a strong financial performance, with a notable $21.5 million EBITDA and the successful acquisition of OneVue, which is expected to enhance earnings by $3 million annually. The company has also introduced its new market-leading Spectrum platform and announced a $0.01 per share fully franked dividend, highlighting its commitment to sustainable growth and shareholder value. With a strategic focus on both organic and inorganic growth opportunities, Praemium is well-positioned for continued success in the financial markets.

For further insights into AU:PPS stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App