Praemium Limited (PPS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you Ranju and welcome everyone to our full year results presentation. Thanks for joining us. I'm joined today as presenter by Simon Moore the Interim CFO at Premium. At Premium we acknowledge the traditional custodians of country and pay our respects to their elders past and present. Whilst I won't read the disclaimer I draw your attention to it. It is available in the presentation as published on the ASX website. Our agenda for today is to go through the highlights for the past year, then talk in more detail about the financials, have a final session from us on the strategy and outlook and conclude with questions. And I note that there are a number of people on the line who have got questions prepared. So thank you and thanks again for your interest. This year has been a remarkable year for premium and the highlight has really been the strong revenue growth which flowed through to an even stronger uplift in EBITDA. The primary drivers of that, we have a market leading non-custody solution. Whilst the non-custody part of our business doesn't drive enormous amount of the revenue. It's still significant, of course, but it's not the biggest part of our revenue. But increasingly, in our preferred segment of the high net worth advisor, the ability to offer a fully integrated non-custody solution is critical to achieving success. Complementing that, and more importantly, from a long-term revenue perspective, is we built out our platform offering by launching Spectrum. which has grown to $2.4 billion since we launched it. It was a great effort by the team involved in developing and launching Spectrum. And we're very happy with the people who not only launched the product, but the ability to reposition the business and the way we position the business in the market. So...