Founded in 2001, Praemium Limited is a leading provider of portfolio administration, investment platforms and financial planning tools to the wealth management industry.
2
2
Contents
For personal use only
Appendix 4D
5
Half Year Highlights
6
Directors' Report
8
Financial Summary
9
Operations and Business
10
Comments On Financial Performance
11
Auditor's Independence Declaration
13
Accounts For The Half Year Ended 31 December 2021
14
Consolidated Statement of Profit & Loss and Other Comprehensive Income
14
Consolidated Statement of Financial Position
15
Consolidated Statement of Changes In Equity
16
Consolidated Statement of Cash Flows
17
Notes To The Financial Statements
18
Directors' Declaration
27
Independent Audit Report
28
3
For personal use only
Praemium is a global leader in the provision of technology platforms for managed accounts, investment administration and financial planning. Praemium services in excess of 300,000 investor accounts covering over $200 billion in funds globally for more than 1,000 financial institutions and intermediaries, including some of the world's largest financial institutions.
4
4
For personal use only
Appendix 4D
ASX Half-Year Report
Name of entity:
Praemium Limited
ABN:
74 098 405 826
Reporting period:
Half year ended 31
December 2021
Previous corresponding period:
Half year ended 31
December 2020
Results#
Revenue from ordinary activities
Increased 21% to $30,355,402
Loss from ordinary activities after tax attributable to members*
Decreased by 156% to a loss of $981,125
Net loss for the period attributable to members
Decreased by 193% to a loss of $2,602,542
* Excludes restructure, arbitration and acquisition costs and prior year unrealised gain in financial instruments.
# Data relates to continuing operations only
Brief explanation of the figures reported above
Refer to the attached Half-Year Report (Directors' Report - Review of Operations section), for commentary on the half- year results.
Notes to Appendix 4D - for the half year ended 31 December 2021
Current period
Previous period
Net tangible assets per security*
3.0
1.5
Dividends
No dividends are proposed for the period
Additional dividend information
There was no dividend declared or paid during or subsequent
to the current period or prior corresponding period
Dividend reinvestment plan
Not applicable
Details of associates and joint venture entities
Not applicable
Compliance Statement
This report is based on financial statements reviewed by the
auditors, copies of which are attached.
Anthony Wamsteker - CEO
14 February 2022
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Praemium Limited published this content on 13 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2022 21:41:01 UTC.
Praemium Limited is a provider of portfolio administration, investment platforms and financial planning tools to the wealth management industry. The Company is engaged in the provision of virtual managed accounts and financial planning software licenses and administering the Australian managed account platform. The Company's Investor Portal allows the users to provide a digital service and give the clients continuous access to their portfolio on any smart device. This allows to spend less time on portfolio updates and more on engagement with the clients on strategy, goals and progress. Its Investor Portal provides the clients with online access to up-to-date information; such as, valuations, asset breakdowns, performance charts, and cash and trade transactions. Its SuperSMA allows members to access a range of investments via the registered managed investment scheme The Separately Management Account.