General Capital Limited (NZX:GEN) Annual Report 2022



The latest annual report of General Capital Limited (GEN) was published on 31 Mar 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - GEN Annual Results

Amounts in NZD

Total Revenue
8.02M
Gross Profit
7.39M
EBIT
4.89M
Net Tangible Assets
10.61M
Net Income
1.34M
Capital Expenditures
-20.17k

GEN Income Statement 2022 Annual Report

As per the latest Income Statement of GEN, the Net revenue increased by $3.22M (67%) compared to the previous period. The operating income in 2022 increased by $2.42M (98%). The net income as per the annual report was 1.34M which increased by $1.26M (1540%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 8.02M 4.79M
Gross Profit 7.39M 4.48M
Operating Income 4.89M 2.47M
Income Before Tax 1.89M 120.73k
Net Income 1.34M 81.77k

Balance Sheet - GEN 2022 Annual Report

Read further: GEN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of General Capital Limited showed the company increased the cash on balance sheet by $9.37M (128%). The Net tangible assets of GEN on the balance sheet were at 10.61M which is $4.02M (61%) more than previous annual report. The total stockholder equity also increased by $4.01M (42%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 16.66M 7.29M
Total Assets 102.9M 68.16M
Long Term Debt - -
Total Liabilities 89.37M 58.64M
Total Shareholder Equity 13.53M 9.53M
Net Tangible Assets 10.61M 6.6M

Cash Flow Statement - GEN 2022 Annual Report

The 2022 annual cash flow statement of General Capital Limited showed that the net income increased by $1.26M (1540%) compared to previous reporting period. Also the capital expenditure of GEN decreased by $-9813 (-95%).

As of 2022, the total cash from investing activities was 744.65k and total cash from financing activities was 2.63M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 1.34M 81.77k
Capital Expenditures -20.17k -10.36k
Dividends Paid - -
Total Cash From From Investing Activities 744.65k -3.42M
Total Cash From From Financing Activities 2.63M 73.01k

General Capital Limited Annual Report History

Income Statement

Income Statement history of General Capital Limited (NZX:GEN)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 8.02M 4.79M 3.64M 2.14M
Cost Of Revenue 623.86k 313.06k 216.24k 97.24k
Gross Profit 7.39M 4.48M 3.42M 2.04M
Research Development - - - -
Selling General Administrative 1.01M 871.4k 864.05k 693.19k
Non Recurring - - - -
Other Operating Expenses 1.34M 1.1M 1.1M 1.1M
Total Operating Expenses 3.13M 2.32M 1.11M 812.12k
Operating Income 4.89M 2.47M 2.53M 1.32M
Total Other Income Expense Net -3M -2.35M -2.34M -1.75M
Ebit 4.89M 2.47M 2.53M 1.32M
Interest Expense -2.98M -2.25M -1.44M -640.27k
Income Before Tax 1.89M 120.73k 190.46k -428.49k
Income Tax Expense 547.95k 38.97k 60.91k 29.6k
Minority Interest - - - -
Net Income From Continuing Ops 1.34M 81.77k 129.56k -458.09k
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.34M 81.77k 129.56k -458.09k
Net Income Applicable To Common Shares 1.34M 81.77k 129.56k -458.09k

Balance Sheet Statement

Balance Sheet Statement history of General Capital Limited (NZX:GEN)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 16.66M 7.29M 12.56M 2.95M
Short Term Investments 2.45M 3M - -
Net Receivables 76.97M 40.6M 31.1M 16.36M
Other Current Assets 229.72k 94.22k 266.52k 114.84k
Total Current Assets 96.31M 50.98M 43.93M 19.43M
Long Term Investments 288.44k 401.09k 237.39k 190.48k
Property Plant Equipment 176.18k 307.01k 8.01k 6.18k
Good Will 2.35M 2.35M 2.35M 2.35M
Intangible Assets 567.99k 575.63k 696.08k 915.83k
Other Assets 3.21M 13.55M 3.94M 1.02M
Deferred Long Term Asset Charges 135.05k 126.92k 96k 38.41k
Total Assets 102.9M 68.16M 51.16M 23.91M
Accounts Payable 613.77k 402.75k 319.38k 243.64k
Other Current Liab 66.96M 37.98M 26.43M 7.33M
Other Liab 21.62M 19.94M 15.03M 7.57M
Total Current Liabilities 67.75M 38.54M 26.75M 7.58M
Total Liab 89.37M 58.64M 41.78M 15.16M
Common Stock 13.03M 10.25M 10.18M 9.57M
Retained Earnings 752.92k -594.65k -676.42k -805.97k
Treasury Stock -245.8k -129.27k -117.78k -14.86k
Other Stockholder Equity -245.8k -129.27k -117.78k -14.86k
Total Stockholder Equity 13.53M 9.53M 9.38M 8.75M
Net Tangible Assets 10.61M 6.6M 6.34M 5.49M
Long Term Debt - - - -

Cash Flow Statement

Cash Flow Statement history of General Capital Limited (NZX:GEN)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 1.34M 81.77k 129.56k -458.09k
Depreciation 297.75k 29.31k 4.44k 3.49k
Change To Netincome -36.08k 103.79k 47.58k 280.72k
Change To Account Receivables -96.02k -6.54k -109.31k -15.38k
Change To Liabilities 252.46k 504.65k 168.71k 41.33k
Change To Operating Activities 3.76M -2.7M -17.69M -8.79M
Total Cash From Operating Activities 5.99M -1.92M -17.37M -9.03M
Capital Expenditures -20.17k -10.36k -6.28k -2.63k
Investments 764.82k -3.41M -3.41M -3.41M
Total Cashflows From Investing Activities 744.65k -3.42M -10.72k 50.37k
Net Borrowings -146.67k -146.67k -146.67k -146.67k
Other Cashflows From Financing Activities -123.64k -3.16k 26.39M 4.96M
Total Cash From Financing Activities 2.63M 73.01k 27M 6.98M
Change In Cash 9.37M -5.27M 9.61M -2M
Issuance Of Stock 2.9M 76.16k 605.37k 2.02M
Dividends Paid - - - -