General Capital Limited Analysis

Overview

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.

Performance

The following information was extracted from General Capital Limited's half year results, released 21 November 2025:

General Capital Announces Continued Growth and Solid Financial Performance

The Directors of General Capital Limited (NZX:GEN), the NZSX listed financial services group, are pleased to present continued growth and a solid financial performance during a challenging economic environment. The Group’s total assets have reached a record high at $275,776k, increasing by 26% compared to 31 March 2025. Deposits accepted and loans advanced by subsidiary General Finance Limited also grew by 52% and 40% respectively compared to 30 September 2024, reinforcing managements growth strategy for the Group and its ability to continue growth even during a challenging economic environment.