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General Capital (GEN) investor relations material

General Capital H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary19 Nov, 2025

Executive summary

  • Revenue rose 19% year-over-year to $12.9m for the six months ended 30 September 2025, with total assets up 26% to $275.8m since 31 March 2025.

  • Net profit after tax (NPAT) fell 35% year-over-year to $1.02m, mainly due to $600k in one-off exceptional expenses.

  • An interim dividend of $0.0033 per share (30% of NPAT) was declared, reflecting confidence in financial resilience.

Financial highlights

  • Earnings per share dropped to 1.11 cps from 1.73 cps year-over-year.

  • Net tangible assets per share increased 3% to 27.36 cps since March 2025, but down 3% year-over-year.

  • Net assets per share rose 2% since March 2025 and 4% year-over-year to 32.54 cps.

  • Cash and cash equivalents at period end were $35.2m, down slightly from $36.0m at March 2025.

Outlook and guidance

  • The Board expressed confidence in the Group’s growth trajectory and financial resilience, maintaining its dividend policy.

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Frequently asked questions

General Capital Limited is a New Zealand-based financial services company specializing in property finance and investment management. The company provides lending solutions, including mortgage and property-backed loans, to individuals and businesses, focusing on real estate financing. Through its subsidiaries, General Capital also manages investment portfolios and offers deposit products to retail and wholesale clients. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.

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