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Powerhouse Ventures Ltd. ( (AU:PVL) ) has shared an announcement.
Powerhouse Ventures reported its first quarter of positive operating cash flow, generating A$121,000 in net cash from operating activities and highlighting strong underlying revenue from both cash and non-cash sources. The group’s balance sheet remains solid, with unaudited net tangible assets of A$18.8 million, up 16% year-on-year despite a modest 3% quarter-on-quarter dip, and a liquid treasury position of A$2.14 million plus A$4.95 million in ASX-listed assets. Its Corporate Advisory unit executed three notable ASX capital raisings for Nordic Resources, Pivotal Metals and AusQuest, often electing to take fees in scrip to align with investors, while its funds management arm continued to perform strongly, with the Aliwa Alpha Fund outperforming its benchmark since acquisition and preparations advancing for the launch of the Critical Infrastructure Opportunities Fund, reinforcing the company’s positioning in hard-asset and infrastructure-focused investment themes.
The most recent analyst rating on (AU:PVL) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Powerhouse Ventures Ltd. stock, see the AU:PVL Stock Forecast page.
More about Powerhouse Ventures Ltd.
Powerhouse Ventures Limited is an ASX-listed, high-conviction specialty investment house that operates a merchant capital model, combining corporate advisory services with funds management. The group focuses on resource-oriented corporate capital raisings, particularly in gold and copper mining developers and other hard commodities, and manages investment funds such as the Aliwa Alpha Fund and the forthcoming Critical Infrastructure Opportunities Fund under the Burleigh Ventures brand.
Average Trading Volume: 105,079
Technical Sentiment Signal: Buy
Current Market Cap: A$23.12M
Find detailed analytics on PVL stock on TipRanks’ Stock Analysis page.