• Strong cash and listed assets position maintained
• Continued growth in Corporate Advisory book
• Significant milestones in new private technology fund launch

Powerhouse Ventures Limited (ASX:PVL) reported its quarterly activities and Appendix 4C cash flow report for the 3 months ended 31 March 2026. The company maintained a strong cash and listed assets position of $6.14 million, consisting of $1.73 million cash, $0.48 million in other treasury-style investments, and $3.93 million in ASX listed assets. The company's unaudited group NTA dipped 6% over the last quarter to $17.73 million, but remained up 6% year-on-year and 7% in the nine months from the end of FY25. The Corporate Advisory business unit held 10 active mandates at quarter-end, comprising a mix of monthly retainers and success-fee engagements across resources, technology, and related industries. The company's listed Alpha Fund declined 8.74% over the quarter due to market volatility, but has returned 31.2% for the financial year to date. Powerhouse also substantially completed preparatory steps to establish its new 'Powerhouse Venture Partners' and its first fund, the Critical Infrastructure Opportunities Fund, focused on space, quantum, AI, and advanced materials. The company accelerated the build-out of an AI-enabled, scalable operating platform to support growth. Key portfolio updates included progress at Inhibit Coatings (now Argentix) and NeuroFlex, as well as strategic developments at Quantum Brilliance and Southern Launch.

The company did not provide any high-importance, price-sensitive forward-looking financial metrics or guidance.

The company remains optimistic about its NTA growth profile over the medium to long term, enabling it to finance its operating business units and their growth. The Corporate Advisory pipeline is strong, and the Funds Management Business Unit has built a strong foundation to continue growing funds under management and re-establish performance fees.