Highlights

  • Revenue increased 18% year-over-year to NZ$26.76 million, marking another record result.
  • Total assets grew 30%, reflecting continued balance sheet expansion and business growth.
  • Total FY2026 dividends reached NZ$0.0118 per share, supported by strong financial performance.

Overview

General Capital Limited (NZX:GEN) has reported another year of record growth for the financial year ended March 31, 2026, highlighting continued momentum across its financial services operations. The NZX-listed company delivered an 18% increase in revenue to NZ$26.76 million, while maintaining a solid net profit after tax of NZ$2.72 million. Strong asset growth, an improved credit rating outlook, and higher shareholder returns further underscore the group's resilience and expansion despite ongoing economic uncertainties.

How Did General Capital Achieve Record Revenue Growth in FY2026?

General Capital continued its growth trajectory during FY2026, generating record consolidated revenue of NZ$26.76 million, up 18% from the previous year. The company also maintained profitability, reporting net profit after tax of NZ$2.72 million. Since listing on the NZX in 2018, the group has consistently expanded its operations and asset base. Management attributed the performance to disciplined execution, sustained lending activity, and effective capital management. The result demonstrates the company's ability to deliver growth while navigating a challenging economic environment and maintaining financial stability.

What Do Asset Growth and Dividend Increases Mean for Shareholders?

The company strengthened its balance sheet during FY2026, with total assets increasing by 30% compared to March 2025. Subsidiary General Finance also retained its BB credit rating while receiving an upgraded outlook from Stable to Positive, reflecting confidence in the group's financial position. General Capital declared a final dividend of NZ$0.0085 per share, bringing total FY2026 dividends to NZ$0.0118 per share. The payout aligns with the company's dividend policy and highlights management's commitment to rewarding shareholders while supporting future growth initiatives.