Praemium (ASX:PPS) posted total funds under administration (FUA) of AU$73.7 billion in the fiscal third quarter, up 18% from AU$62.33 billion in the same period last year, according to a Wednesday filing with the Australian bourse.
Platform FUA in the three months ended March 31 rose 7% to AU$32.21 billion from AU$30 billion last year, the filing said.
The platform recorded net inflows of AU$598 million for the quarter, compared with AU$364 million a year earlier, per the filing.
Shares rose nearly 3% in morning trade Wednesday.
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