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Kingsway (KWY) is a Financials company in the Russell 2000. Latest news and coverage below.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $176.6M | $44.6M | $52.1M | $59.9M | $61.0M | $78.4M | $93.3M | $103.2M | $109.4M | $135.0M |
| Growth (year over year) | +10.4% | −74.8% | +16.8% | +15.1% | +1.7% | +28.6% | +19.0% | +10.7% | +5.9% | +23.4% |
| Operating income | −$7.07M | $6.78M | −$2.29M | −$1.41M | −$5.22M | −$474.0K | −$3.57M | $954.0K | $2.16M | −$2.40M |
| Operating margin | −4.0% | 15.2% | −4.4% | −2.4% | −8.6% | −0.6% | −3.8% | 0.9% | 2.0% | −1.8% |
| Net income | $238.0K | −$16.9M | −$30.7M | −$6.91M | −$7.79M | −$836.0K | $24.4M | $23.5M | −$9.45M | −$11.9M |
| Net margin | 0.1% | −38.0% | −59.0% | −11.5% | −12.8% | −1.1% | 26.2% | 22.7% | −8.6% | −8.8% |
| EPS (diluted) | $0.01 | −$0.79 | −$1.41 | −$0.32 | −$0.35 | −$0.04 | $0.98 | $0.89 | −$0.35 | −$0.43 |
| Balance sheet | ||||||||||
| Cash and equivalents | $36.5M | $5.38M | $14.6M | $13.5M | $14.4M | $10.1M | $64.2M | $9.10M | $5.49M | $8.31M |
| Total assets | $501.0M | $506.7M | $378.2M | $399.6M | $452.5M | $475.6M | $285.6M | $197.7M | $186.6M | $231.5M |
| Total liabilities | $437.8M | $450.8M | $348.2M | $378.9M | $433.8M | $460.9M | $263.5M | $173.1M | $168.3M | $197.1M |
| Long-term debt | $233.7M | $244.1M | $253.3M | $258.5M | $268.3M | $94.1M | $102.1M | $44.4M | $57.5M | $59.0M |
| Shareholders' equity | $56.0M | $41.4M | $12.5M | $874.0K | −$2.00M | −$5.72M | $15.7M | $27.7M | $8.41M | $15.2M |
| Cash flow | ||||||||||
| Operating cash flow | −$15.6M | −$14.4M | −$10.1M | $759.0K | $1.67M | −$5.91M | −$14.6M | −$26.2M | $1.07M | −$3.00K |
| Capital expenditure | $645.0K | — | — | — | $213.0K | $830.0K | — | — | — | — |
| Free cash flow | −$16.2M | — | — | — | $1.46M | −$6.74M | — | — | — | — |
| Share buybacks | $125.0K | $0 | — | — | — | — | $0 | $3.20M | $2.50M | $345.0K |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $27.1M | $29.6M | $28.3M | $30.9M | $37.2M | $38.6M | $39.0M | $39.4M |
| Growth (year over year) | +9.5% | +14.6% | +8.4% | +16.9% | +37.0% | +30.1% | +37.4% | +27.6% |
| Gross profit | — | — | $12.2M | $13.0M | — | — | $17.3M | $17.1M |
| Gross margin | — | — | 42.9% | 42.1% | — | — | 44.5% | 43.4% |
| Operating income | −$672.0K | $1.94M | −$714.0K | −$1.13M | −$865.0K | $307.0K | $485.0K | −$109.0K |
| Operating margin | −2.5% | 6.5% | −2.5% | −3.6% | −2.3% | 0.8% | 1.2% | −0.3% |
| Net income | −$2.81M | −$1.79M | −$3.44M | −$3.63M | −$2.78M | −$2.07M | −$2.79M | $157.0K |
| Net margin | −10.4% | −6.0% | −12.1% | −11.7% | −7.5% | −5.4% | −7.2% | 0.4% |
| EPS (diluted) | −$0.10 | −$0.08 | −$0.13 | −$0.13 | −$0.10 | −$0.07 | −$0.10 | −$0.03 |
| Balance sheet | ||||||||
| Cash and equivalents | $6.51M | $5.49M | $6.37M | $12.1M | $9.29M | $8.31M | $7.27M | $7.37M |
| Total assets | $191.1M | $186.6M | $192.1M | $207.7M | $235.1M | $231.5M | $232.2M | $227.8M |
| Total liabilities | $171.4M | $168.3M | $170.7M | $172.1M | $199.3M | $197.1M | $199.6M | $195.5M |
| Long-term debt | $58.5M | $57.5M | $59.5M | $58.3M | $70.7M | $59.0M | $55.3M | $44.5M |
| Shareholders' equity | $9.94M | $8.41M | $5.45M | $17.4M | $16.6M | $15.2M | $13.2M | $12.8M |
| Cash flow | ||||||||
| Operating cash flow | $368.0K | −$107.0K | −$1.80M | $337.0K | $1.47M | −$10.0K | −$8.00K | $1.20M |
| Capital expenditure | — | — | $63.0K | −$63.0K | $188.0K | — | $390.0K | $450.0K |
| Free cash flow | — | — | −$1.86M | $400.0K | $1.28M | — | −$398.0K | $754.0K |
| Share buybacks | $1.55M | $0 | $345.0K | $0 | $0 | $0 | $0 | $0 |
From Kingsway's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →