InvestSMART

Powerhouse Ventures Limited (ASX:PVL)

ALERT: Price-sensitive ASX Announcement for PVL
Current share price for PVL : $0.130 0.04 (44.44%)+
Announcement
Release
29 Jul 2025 8:40AM
Price at Release
$0.090
Full Release
download
Summary
Powerhouse Ventures Limited (ASX: PVL) released its Quarterly Activities Report and Appendix 4C for the period ended 31 March 2023. During the quarter, PVL focused on active portfolio management, supporting its investee companies, and assessing new investment opportunities. The company reported a net cash outflow from operating activities mainly due to corporate costs, with no major investments reported during the period. PVL held cash and cash equivalents at the end of the quarter, and the board continues to monitor and manage its liquidity and operational expenses carefully. The report also covers PVL’s investments, updates on key portfolio companies, and outlines future outlook and strategy, emphasizing prudent cash management and value creation for shareholders.
Key Points
  • PVL released its Quarterly Activities Report and Appendix 4C for the quarter ending 31 March 2023.
  • Active management of investment portfolio and support for investee companies remained a focus.
  • No new major investments were made during the quarter.
  • Net cash outflow was primarily due to operating and corporate costs.
  • Cash and cash equivalents were maintained at quarter-end.
  • Ongoing monitoring and management of liquidity and operational expenses.
  • Updates were provided on key portfolio companies and investment status.
  • Future strategy remains focused on prudent cash management and shareholder value creation.
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.