PPS fundamentals

Praemium Ltd. engages in the provision of fully integrated wealth management platform, which provides advisers and wealth managers with the ability to construct a holistic wealth management solution for their clients via a seamless digital platform experience. It operates through the Australia and International geographical segments. The Australia segment includes virtual managed accounts and financial planning software licenses and administering the Australian managed account platform. The International segment is involved in financial planning software licenses and administering the International managed account platform. The company was founded by Arthur Naoumidis in October 2001 and is headquartered in Melbourne, Australia.