FilingReader Intelligence

General Finance reports strong asset growth, profit increase

October 23, 2025 at 10:00 AM UTCBy FilingReader AI

General Finance Limited, a licensed non-bank deposit taker and subsidiary of General Capital, announced a robust financial quarter ending September 30, 2025. Total assets reached $271.2 million, marking a 14.5% increase from the June 30, 2025 quarter. The company also reported a quarterly net profit after tax (NPAT) of $938,376, a substantial rise from $266,646 in the previous quarter.

As of September 30, 2025, General Finance held $62 million in cash, cash equivalents, and bank deposits. The capital ratio, calculated as total capital divided by total exposures, stood at 15.27%, significantly exceeding the minimum Trust Deed requirement of 8%.

managing director Brent King highlighted the positive impact of the Deposit Compensation Scheme, which commenced on July 1, 2025. This scheme, covering secured term deposits up to $100k per depositor, has been "extremely positive" for General Finance, contributing to a significant increase in total assets. The quarterly unaudited report has been uploaded to the Disclose Register, fulfilling requirements under the Financial Markets Conduct Act 2013.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:GENNew Zealand Exchange

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