Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Powerhouse Ventures Ltd. ( (AU:PVL) ) has issued an update.
Powerhouse Ventures Limited has announced its maiden cash profit guidance for FY25, driven by strong performances in its Corporate Advisory and Treasury divisions. The company has successfully executed several ASX capital markets transactions, contributing to a guided cash profit exceeding $200,000, despite one-off costs related to restructuring and acquisitions. This marks a significant milestone as the company transitions from a cash-reliant investment holding entity to self-sustaining operating business units. The company also reports a robust pipeline of opportunities for the next financial year and anticipates a significant increase in statutory profit, exceeding prior year results by over 400%.
More about Powerhouse Ventures Ltd.
Powerhouse Ventures Limited operates in the financial services industry, focusing on corporate advisory and treasury services. The company is known for its merchant capital business model and is involved in sourcing proprietary deal flow, aligning capital with corporate advisory execution, and building robust shareholder registers. It also maintains investment exposure in sectors like quantum computing, space infrastructure, and material science.
Average Trading Volume: 158,075
Technical Sentiment Signal: Buy
Current Market Cap: A$13.73M
See more insights into PVL stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue