General Capital (GEN) AGM Presentation summary

Meeting overview

• Annual shareholder meeting scheduled for 25 July 2025, chaired by Rewi Bugo.

• Agenda includes chairman and managing director addresses, annual report discussion, and shareholder Q&A.

• Board comprises Rewi Bugo (Chairman), Brent King (Managing Director), Gregory James, and Anita Killeen.

Financial performance highlights

• Total assets increased 34% to $218.2m for the year ended 31 March 2025.

• Total equity rose 9% to $29.2m; revenue up 32% to $22.6m.

• Net profit before tax up 10% to $3.9m; net profit after tax up 7% to $2.8m.

• Credit rating reaffirmed at BB Stable.

Business operations and growth

• Subsidiary General Finance Limited showed consistent growth in assets and equity over recent quarters.

• Secured term deposits and loans diversified across regions and security types, with notable growth in Auckland and Canterbury.

• Acquisition of Bridges Financial Services (insurance premium funding) completed on 1 November 2024.