Kingsway Corporation (KWY)
NYSE: KWY · Real-Time Price · USD
8.60
+0.60 (7.50%)
Nov 9, 2026, 1:31 PM EST - Market open

Kingsway Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
159.68137.34112.87109.1696.583.91
Revenue Growth
24.20%21.68%3.40%13.12%15.01%22.31%
Operating Income
-2.87-6.130.052.160.420.7
Net Income
-8.47-11.92-9.4523.4924.42-0.84
Earnings Per Share
-0.30-0.43-0.350.891.06-0.04
EPS Growth
----16.25%--

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Kingsway Search Xcelerator
64.240.5135.0119.243.48
Extended Warranty
70.868.8768.2374.0474.92
Unallocated Net Investment Income
1.631.431.82.311.58
Unallocated Net Realized and Unrealized Investment Gains
0.711.9---
Total
137.34112.71109.1296.583.93

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8.278.315.499.164.1710.08
Total Debt
75.278.0260.2245.61103.3196.58
Net Cash (Debt)
-66.93-69.71-54.73-36.52-39.14-86.5
Net Cash Growth
------
Net Cash Per Share
-2.34-2.50-2.01-1.38-1.55-3.84

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
5.27-01.07-26.19-14.57-5.91
Capital Expenditures
-2.41-1.62-0.71-0.21--0.83
Free Cash Flow
2.86-1.620.36-26.39-14.57-6.74
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
-1.80%-4.46%0.04%1.98%0.44%0.83%
Pretax Margin
-5.13%-10.20%-7.32%21.67%36.22%-7.90%
Profit Margin
-5.30%-8.68%-8.37%21.51%25.30%-1.00%
FCF Margin
1.79%-1.18%0.32%-24.18%-15.10%-8.03%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---9.997.79-
P/FCF Ratio
88.67-644.65---
PS Ratio
1.592.842.052.151.971.47