General Capital Limited Ordinary Shares

GEN.NZX

Financials

General Capital was previously the listed shell Mykco. General Capital purchased 2 financial services businesses ( General Finance Ltd, a licensed Non Bank Deposit taker established in 2001 and Investment Research Group Ltd.( IRG) , an NZX sponsor). The purchase was in August 2018 via the acquisition of a holding company Corporate Holdings Ltd.

Market Data

Price

$0.280

+0.1%
Market Cap

$25.8M

P/E Ratio

9.4x

EPS

$0.030

Div. Yield

6.34%

52-Week Change

-0.1%

Latest Earnings

General Capital Releases 2026 Annual Report

22 June 2026

Revenue
$26.76
+18.0% YoY
NPAT
$2.72
-3.0% YoY
EPS
$0.03
Dividend
$0.01

General Capital Limited reported a record full year result for FY26 (ended 31 March 2026), with consolidated revenue up 18% to NZD $26.8M, while NPAT of $2.72M was broadly flat (-3%) versus the prior year. Total assets grew 30% to $283.7M, driven by 63% growth in the loan book and 34% growth in term deposits at subsidiary General Finance Limited. The company declared a total dividend of 1.18 cents per share for FY26, reflecting confidence in ongoing growth. Key points: Revenue grew 18% to $26.76M, achieving another record year of financial performance since listing in 2018.; Total assets surged 30% to $283.7M, reflecting strong balance sheet growth.; General Finance Limited loan book expanded 63% and term deposits grew 34%, demonstrating robust business momentum.

Recent Announcements

8 Jul 2026 Neutral

DRP Capital Change Notice

General Capital Limited (GEN) issued 137,167 ordinary shares on 2 July 2026 at $0.261 per share (totaling $35,800.59) through its Dividend Reinvestment Plan for the FY26 dividend, representing 0.15% of the total share class.

7 Jul 2026 Neutral

Notice of Closing Date - Director Nominations - 2026 ASM

General Capital Limited (NZX: GEN) has announced that director nominations for its 2026 Annual Shareholders' Meeting (scheduled for 20 August 2026) must be submitted by 22 July 2026 at 5:00pm NZT to be included in the meeting notice.

7 Jul 2026 Neutral

General Capital Senior Manager Appointment

General Capital Limited has appointed Yolinda Freimond as Corporate Counsel and Company Secretary effective 15 June 2026. Freimond brings over 25 years of legal and compliance experience specialising in commercial, regulatory, and high-risk matters.

7 Jul 2026 Insider Neutral

Ongoing Disclosure Notice - Gregory Stephen James

Gregory Stephen James, a Director of General Capital Limited, acquired 1,959 new ordinary shares on 2 July 2026 under the Dividend Reinvestment Plan at $11.26 per share, increasing his holding from 354,034 to 355,993 shares.

22 Jun 2026 Actual Results Positive

General Capital Releases 2026 Annual Report

General Capital Limited reported a record full year result for FY26 (ended 31 March 2026), with consolidated revenue up 18% to NZD $26.8M, while NPAT of $2.72M was broadly flat (-3%) versus the prior year. Total assets grew 30% to $283.7M, driven by 63% growth in the loan book and 34% growth in term deposits at subsidiary General Finance Limited. The company declared a total dividend of 1.18 cents per share for FY26, reflecting confidence in ongoing growth. Key points: Revenue grew 18% to $26.76M, achieving another record year of financial performance since listing in 2018.; Total assets surged 30% to $283.7M, reflecting strong balance sheet growth.; General Finance Limited loan book expanded 63% and term deposits grew 34%, demonstrating robust business momentum.

18 Jun 2026 Neutral

Dividend Reinvestment Plan Strike Price

General Capital Limited (NZX:GEN) has set the strike price for its Dividend Reinvestment Plan at NZ$0.261 per share for the dividend payable on 2 July 2026, determined by calculating the five-day volume weighted average sale price with a 5% discount applied.

22 May 2026 Neutral

General Capital Announces Continued Growth

General Capital Limited reported record revenue growth of 18% to $26.8m for the year ended 31 March 2026, with net profit after tax of $2.7m (down 3% due to goodwill impairment and higher operating costs), and announced a final dividend of $0.0085 per share (fully imputed) to be paid in July 2026, bringing total FY26 dividends to $0.0118 per share representing 40% of NPAT.

29 Apr 2026 Neutral

General Capital (GEN:NZ) Subsidiary General Finance Update

General Capital Limited reports that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, achieved total assets of $280.0 million and quarterly net profit after tax of $1.11 million (up 85.7% year-over-year) as of 31 March 2026, with a capital ratio of 16.44%, well above the required 8% minimum.

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