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Powerhouse Ventures Limited (ASX:PVL)

ALERT: Price-sensitive ASX Announcement for PVL
Current share price for PVL : $0.155 0.04 (34.78%)+
Announcement
Release
30 Apr 2026 8:17AM
Price at Release
$0.115
Full Release
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Summary
Powerhouse Ventures Limited (PVL), a high conviction investment house, reported its quarterly activities for the period ending March 31, 2026. PVL maintained strong cash and ASX listed assets despite market volatility. The group's liquid assets reached $6.14 million with a cash balance of $1.73 million. PVL's treasury strategy includes using $5.8 million of its unlisted assets to seed a new technology fund. Although market conditions led to a 6% dip in Group NTA, the overall NTA rose 6% year-over-year. The Corporate Advisory Business Unit held 10 active mandates but did not settle new ASX transactions due to unfavorable market conditions. The Funds Management Business Unit's Alpha Fund faced an 8.74% decline due to market volatility but remains optimistic for the future. Additionally, PVL is focusing on building a scalable AI-enabled platform and engaging in notable projects like supporting NASA's Artemis II mission and advancing quantum technology through Quantum Brilliance.
Key Points
  • Maintained strong cash and ASX listed assets despite market volatility.
  • Liquid assets totaled $6.14 million with $1.73 million in cash.
  • Allocated $5.8 million of unlisted assets to a new technology fund.
  • Group NTA rose 6% year-over-year despite a quarterly decline.
  • Corporate Advisory held 10 active mandates with no new ASX transactions.
  • Funds Management's Alpha Fund declined 8.74% but remains optimistic.
  • Building a scalable AI-enabled platform to improve operations.
  • Engaged in supporting NASA's Artemis II and advancing quantum technology.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.