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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Powerhouse running low on cash

Going concern status reliant on asset sales.

Tim Hunter Mon, 09 Sep 2019

ASX-listed tech incubator Powerhouse Ventures insists it has a future despite filing financial statements showing it is desperately short of cash and can’t pay its debts on time.

The New Zealand company, which receives government grant funding to support its operations, reported a negative

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Tim Hunter Mon, 09 Sep 2019
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Powerhouse running low on cash
General Business,
80790
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