GEN - General Capital Ltd

[Left Field]

Results out.....encouraging for holders??

https://www.nzx.com/announcements/473141

The Directors of General Capital Limited (GEN), the NZX listed Financial Services Group, are pleased to present another record year of growth for the year ended 31 March 2026. Consolidated Revenue was 18% higher than the previous year, increasing to $26.8m, whilst Net Profit After Tax (NPAT) of $2.7m was broadly in line with the prior year; Total Comprehensive Income was slightly higher at $2.8m when taking into account Other Comprehensive Income from a financial reporting perspective. This reflects continued balance sheet growth, partly offset by higher operating costs, expected credit loss provisioning and the IRG Goodwill impairment. On a normalised basis, the result would have been higher after adjusting for one-off items, including a goodwill impairment of $379k in subsidiary Investment Research Group (IRG), which was absorbed during a challenging global economic environment.
 


Call me old fashioned, but I get a tab concerned when I read about goodwill impairment on related company dealings...$379,000 ??

Disc-  don't hold. Watching with interest.

[lorraina]

Very generous DRP
Dividend Reinvestment Plan Strike Price
General Capital Limited (NZX:GEN) hereby advises that the strike price for the Dividend
Reinvestment Plan (DRP), operating in respect of the dividend payable on 2 July 2026, has
been set at NZ$0.261 per share.
The strike price has been determined in accordance with the General Capital DRP terms, as
the volume weighted average sale price in New Zealand for General Capital shares, calculated
on all trades of General Capital shares which took place through the NZX Main Board over the
period of five trading days starting on 11 June 2026 less a 5% discount.
ENDS
This announcement was authorised by Brent King, Managing Director