Powerhouse Ventures Ltd. · ASX:PVL
Powerhouse Ventures — H1 FY26 Earnings Presentation
12 slides from Powerhouse Ventures's earnings presentation, Feb 27, 2026
Slide 1: Powerhouse H1 FY26 results
For personal use only Powerhouse H1 FY26 results 27 February 2026 1
Slide 2: Board and key company metrics
+ Respected strategic advisor in Australia’s space, defence, dual use James technologies, and sovereign capability programs Kruger + 25-year investment banking career with global roles in corporate finance, securities, commodities, investment management and private real estate Share price 14.0c Chai
Slide 3: About Us: Powerhouse Group
> c fo) o wn 5 io Cc fo) Y a) foe ABOUT US Powerhouse Group We have a merchant capital business model where we responsibly and judiciously align the interests of our shareholders, our Funds Management A growing stable of differentiated fund products: Our micro-cap fund with c.$35m FUM and a generali
Slide 4: For personal use only
For personal use only Note 1: Operating Revenue excludes all realised & unrealised net investment gains Note 2: Total Revenue includes operating revenue and all realised & unrealised net investment gains Note 3: Adjusted EBITDA is based on Total Revenue (i.e inclusive of realised & unrealised invest
Slide 5: Operating Revenue
H1 FY26 27% $4,614,794 On H1 FY25 For personal use only $5m Operating Revenue H1 FY26 Revenue of $4.61 m represents our Unrealised Investment Revenue strongest half year result on record. $4m Record Operating Revenue of $2.17m (up 647% on H1 FY25) was driven by Advisory, realised gains on $3m invest
Slide 6: Operating Profit
H1 FY26 525% $875,165 On H1 FY25 For personal use only Operating Profit Record Operating Profit of $875k (up 525% on H1 $2.5m Operating Revenue FY25) demonstrates Powerhouse is cash profitable and self-sustaining without equity issuance. $2.0m Accelerating revenue growth validates the $1.5m Powerhou
Slide 7: NTA per Share
H1 FY26 17% NTA per Share: 12c On H1 FY25 For personal use only $1.75 $1.63 NTA per share is a good measure of our teams’ high conviction investment capability, which is a key part of our business model. $1.25 Recording stable and reliable portfolio investment returns, even in broader market fluctua
Slide 8: Investment portfolio by valuation level
H1 FY26 4.5x Level 1 overall: 22% On H1 FY25 For personal use only $20m We test the duration profile and valuation reliability of our NTA by categorising assets between listed and cash-like assets (so called “Level 1”) versus $15m unlisted, private assets (being “Level 2” and “Level 3”). We seek to
Slide 9: We win when our clients win
We win when our clients win: we put our money where our mouth is and invest alongside our network $22.7 million 157.4% 6 For personal use only H1 FY26 transaction Equal weighted Transactions value1 annualised ECM return2 completed in H1 FY26 Merchant Capital Advantage Pipeline Strong aftermarket dea
Slide 10: Finding, investing in and supporting Australia's most exciting companies
Finding, investing in and supporting Australia's most exciting companies Since Since 1 Month 3 Months 1 Year Inception Inception (pa) For personal use only Aliwa Alpha Fund Return (net) 5.42% 6.76% 54.75% 328.70% 23.74% Benchmark 0.63% 1.93% 6.00% 52.38% 6.35% Outperformance 4.79% 4.83% 48.75% 276.3
Slide 11: Outlook for H2 FY26
We enter H2 FY26 with momentum across the business units and a clear line of sight to materially higher full year operating profitability For personal use only Advisory mandate pipeline is well placed, with With a broadening of our investment segments origination and distribution benefitting as and
Slide 12: Disclaimer
Disclaimer Powerhouse Ventures Limited (PVL) ABN 64 612 076 169 This Presentation contains certain “forward-looking statements”. The words “expect”, “anticipate”, “estimate”, “intend”, “believe”, “guidance”, “should”, “could”, “may”, “will”, “predict”, “plan” and other similar expressions are intend