Powerhouse Ventures Limited (ASX:PVL)

Powerhouse Ventures Limited (PVL) has announced its quarterly update for the period ending 31 December 2025, highlighting its first positive operating cash flow quarter of $121k. The company achieved strong performance in its business units, notably in Corporate Advisory and the Aliwa Alpha Fund, which outperformed its benchmark with a 54% cumulative return. The group's liquid treasury position remained robust with $1.67 million in cash and no debt, alongside ASX-listed assets valued at $4.95 million. PVL's net tangible assets (NTA) increased by 16% YoY to $18.8 million. Several strategic milestones were completed in preparation for launching the Critical Infrastructure Opportunities Fund under the Burleigh Ventures brand. The company maintained a strong pipeline of opportunities across its Corporate Advisory and Funds Management divisions, positioning itself for future growth and profitability. The report indicated PVL's optimism about future market conditions and its plans for continuous growth through strategic partnerships and capital raising initiatives.