Kingsway Corporation (KWY)

NYSE: KWY · Real-Time Price · USD

10.65

+0.23 (2.21%)

At close: Aug 24, 2026, 4:00 PM EDT

10.45

-0.20 (-1.88%)

Pre-market: Aug 25, 2026, 7:18 AM EDT

Kingsway Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	158.88	137.34	112.87	109.16	96.5	83.91
Revenue Growth	33.19%	21.68%	3.40%	13.12%	15.01%	22.31%
Operating Income	-2.91	-6.13	0.05	2.16	0.42	0.7
Net Income	-8.58	-11.92	-9.45	23.49	24.42	-0.84
Earnings Per Share	-0.30	-0.43	-0.35	0.89	1.06	-0.04
EPS Growth	-	-	-	-16.25%	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Kingsway Search Xcelerator	-	64.2	40.51	35.01	19.24	3.48
Extended Warranty	24.31	70.8	68.87	68.23	74.04	74.92
Unallocated Net Investment Income	-	1.63	1.43	1.8	2.31	1.58
Unallocated Net Realized and Unrealized Investment Gains	-	0.71	1.9	-	-	-
Total	153.46	137.34	112.71	109.12	96.5	83.93

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	7.37	8.31	5.49	9.1	64.17	10.08
Total Debt	74.01	78.02	60.22	45.61	103.31	96.58
Net Cash (Debt)	-66.65	-69.71	-54.73	-36.52	-39.14	-86.5
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.33	-2.50	-2.01	-1.38	-1.55	-3.84

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	2.65	-0	1.07	-26.19	-14.57	-5.91
Capital Expenditures	-3.19	-1.62	-0.71	-0.21	-	-0.83
Free Cash Flow	-0.53	-1.62	0.36	-26.39	-14.57	-6.74
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	-1.83%	-4.46%	0.04%	1.98%	0.44%	0.83%
Pretax Margin	-5.87%	-10.20%	-7.32%	21.67%	36.22%	-7.90%
Profit Margin	-5.40%	-8.68%	-8.37%	21.51%	25.30%	-1.00%
FCF Margin	-0.34%	-1.18%	0.32%	-24.18%	-15.10%	-8.03%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	9.99	7.79	-
P/FCF Ratio	-	-	644.65	-	-	-
PS Ratio	1.94	2.84	2.05	2.15	1.97	1.47