Kingsway Corporation (KWY)
NYSE: KWY · Real-Time Price · USD
8.83
+0.22 (2.56%)
Jul 24, 2026, 11:45 AM EDT - Market open

Kingsway Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
145.61135109.38103.2493.2878.4
Revenue Growth
30.50%23.42%5.95%10.68%18.98%28.59%
Gross Profit
77.0158.8347.0942.7645.3544.77
Operating Income
-1.2-2.42.160.95-3.57-0.47
Net Income
-6.41-11.92-9.4523.4924.42-0.84
Earnings Per Share
-0.40-0.43-0.350.890.98-0.04
EPS Growth
----9.18%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Kingsway Search Xcelerator
-64.240.5135.0119.243.48
Extended Warranty
24.3170.868.8768.2374.0474.92
Unallocated Net Investment Income
-1.631.431.82.311.58
Unallocated Net Realized and Unrealized Investment Gains
-0.711.9---
Total
153.46137.34112.71109.1296.583.93

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
44.398.315.499.2664.3310.24
Total Debt
71.1578.0260.2245.61103.3196.58
Net Cash (Debt)
-26.76-69.71-54.73-36.36-38.98-86.34
Net Cash Growth
------
Net Cash Per Share
-0.95-2.50-2.01-1.37-1.54-3.83

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1.79-01.07-26.19-14.57-5.91
Capital Expenditures
-1.95-1.62-0.71-0.2126.46-0.83
Free Cash Flow
-0.16-1.620.36-26.3911.89-6.74
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
52.89%43.58%43.05%41.42%48.62%57.11%
Operating Margin
-0.82%-1.78%1.98%0.92%-3.83%-0.60%
Pretax Margin
-6.92%-10.37%-7.55%22.91%37.48%-8.46%
Profit Margin
-4.92%-7.59%-7.42%24.75%32.30%-3.46%
FCF Margin
-0.11%-1.20%0.33%-25.56%12.74%-8.59%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---9.448.09-
P/FCF Ratio
--634.45-15.47-
PS Ratio
1.702.852.082.211.971.60