KINGSWAY CorpKWY

NYSEFinanceFire, Marine & Casualty Insurance
Price (close)
$9.15
Market cap
$264.7M
P/E
—
Revenue (TTM)
$154.1M
Net income
-$7.3M
Dividend yield
—
1-year total return
-35.4%
Net margin
-4.7%
Revenue growth
32.8%
Debt / equity
5.25x

What KINGSWAY Corp does.

In this report, the terms "Kingsway," the "Company," "we," "us" or "our" mean Kingsway Financial Services Inc. and all entities included in our Consolidated Financial Statements.

Kingsway Financial Services Inc. was incorporated under the Business Corporations Act (Ontario) on September 19, 1989. Effective December 31, 2018, the Company changed its jurisdiction of incorporation from the province of Ontario, Canada, to the State of Delaware. The Company's registered office is located at 10 S. Riverside Plaza, Suite 1520, Chicago, Illinois 60606. The common shares of Kingsway are listed on the NYSE under the trading symbol "KFS."

Kingsway is a holding company with operating subsidiaries located in the United States and is the only publicly-traded US company employing the Search Fund model to acquire and build great businesses. The Company owns and operates a collection of high-quality B2B and B2C services companies that are asset-light, growing, and that have recurring revenues. Kingsway seeks to compound long-term shareholder value on a per share basis via its decentralized management model, its talented team of operators, and its tax-advantaged corporate structure.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$61.0M$78.4M$93.3M$103.2M$109.4M$135.0M
Net income-$7.8M$200,000$16.5M$24.0M-$9.3M-$10.7M
Free cash flow$1.5M-$6.7M————

More on KWY.

Figures from KINGSWAY Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.