← KINGSWAY Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | — | — | ($30.7m) | — | ($7.8m) | — | — | — | — | — | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | $405k |
($15.8m)
-4005.93%
|
($24.6m)
-55.82%
|
($6.9m)
+71.99%
|
($7.8m)
-12.92%
|
($836k)
+89.28%
|
$24.4m
+3020.57%
|
$23.5m
-3.81%
|
($9.5m)
-140.24%
|
($11.9m)
-26.09%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $522k | ($11.1m) | ($28.3m) | ($4.3m) | ($5.4m) | $1.9m | $15.1m | $24.0m | ($8.3m) | ($10.3m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($281k) | $4.3m | $1.8m | $1.6m | ($1.3m) | $2.2m | ($1.5m) | — | — | $479k | — | |
| Depreciation, Amortization and Accretion, Net | $2.8m | $5.6m | $6.7m | $6.9m | $6.7m | $8.6m | $6.4m | $6.2m | $7.0m | $9.2m | $10.5m | |
| Amortization of Intangible Assets | $1.2m | $1.2m | $2.4m | $2.5m | $2.3m | $4.9m | $6.1m | $5.9m | $6.3m | $8.2m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $27.8m | $28.4m | $3.2m | $4.2m | ($4.7m) | $6.6m | — | — | — | — | — | |
| Depreciation | — | — | — | $4.4m | $4.4m | $3.7m | $300k | $300k | — | — | $10.5m | |
| Deferred Income Tax Expense (Benefit) | ($9.8m) | ($18.4m) | ($108k) | ($786k) | ($1.5m) | ($5.3m) | $1.4m | ($1.9m) | ($537k) | ($4.1m) | ($3.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.0m | $1.2m | ($1.7m) | $1.2m | — | $3.6m | $4.1m | $1.6m | $1.8m | $1.7m | $2.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $376k | $89k | $83k | $499k | $396k | $450k | $2.3m | $122k | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $826k | $3.6m | — | — | — | — | $2.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | ($212k) | $0 | — | ($100k) | $100k | — | $229k | $0 | $0 | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $0 | $250k | — | — | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $0 | $2.8m | $706k | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | — | $0 | $732k | $700k | $971k | |
| Impairment of Intangible Assets, Finite-lived | — | $250k | — | — | — | — | — | $0 | $2.8m | $706k | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $250k | $0 | $0 | $0 | $0 | — | $0 | — | $700k | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | $100k | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($1.0m) | $2.1m | ($2.5m) | $169k | $0 | ($27k) | ($293k) | $44k | $162k | $1k | — | |
| Other Nonoperating Income (Expense) | ($7.6m) | ($9.4m) | ($9.0m) | ($8.5m) | ($58k) | ($2.8m) | ($206k) | ($1.5m) | $550k | $377k | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $1.2m | $1.8m | $241k | $36k | $30k | $27k | $293k | ($44k) | ($162k) | ($1k) | — | |
| Gain (Loss) on Disposition of Other Assets | $0 | — | — | — | — | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | ($3.6m) | ($11.4m) | ($19.7m) | ($1.7m) | $1.7m | ($9.0m) | $38.5m | $22.7m | ($10.4m) | ($11.6m) | — | |
| Net Cash Provided by (Used in) Operating Activities | ($15.6m) |
($19.0m)
-21.73%
|
($10.1m)
+46.55%
|
($759k)
+92.52%
|
$1.7m
+320.29%
|
($5.9m)
-453.35%
|
($14.6m)
-146.68%
|
($26.2m)
-79.68%
|
$1.1m
+104.07%
|
($3k)
-100.28%
|
$2.7m
+88566.67%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $645k | $4.5m | $519k | $212k | $213k | $830k | $26.5m | $205k | $709k | $1.6m | ($2.3m) | |
| Payments to Acquire Investments | — | — | $1.6m | — | — | — | — | — | — | — | ($10.4m) | |
| Unrealized Gain (Loss) on Investments | $5.1m | ($678k) | ($7.4m) | $100k | — | — | — | — | — | — | $3.8m | |
| Gain (Loss) on Investments | — | — | $3.0m | $2.9m | $2.6m | $1.6m | — | — | — | $714k | ($3.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $494k | $7.9m | $0 | $4.9m | $2.7m | $10.0m | $13.7m | $13.6m | $20.1m | $29.2m | ($15.6m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | $0 | ($824k) | ($719k) | ($391k) | ($258k) | ($39k) | ($270k) | $46k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($8.8m) | $24.6m | $20.0m | ($6.5m) | $4.0m | ($8.6m) | $100.9m | $6.5m | ($16.8m) | ($29.6m) | ($12.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | $1.0m | — | — | — | — | — | — | — | ($11.9m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | $1.5m | ($156k) | $1.5m | $13k | $0 | $3.4m | ($3k) | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($468k) | $2.5m | $0 | $31.6m | ($160k) | — | — | |
| Payments for Repurchase of Common Stock | $125k | $0 | — | — | — | — | $0 | $3.2m | $2.5m | $345k | — | |
| Proceeds from Issuance of Common Stock | $10.5m | $47k | $0 | — | — | — | — | — | $0 | $15.6m | $0 | |
| Dividends Payable | $1.0m | $1.3m | $1.7m | $2.1m | $2.1m | — | — | $74k | $166k | $327k | — | |
| Proceeds from (Payments for) Other Financing Activities | $1.0m | $100k | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $9.1m |
$2.2m
-75.64%
|
($4.1m)
-283.82%
|
$1.3m
+131.98%
|
$13.6m
+939.98%
|
($540k)
-103.97%
|
($37.9m)
-6924.44%
|
($40.0m)
-5.35%
|
$11.4m
+128.64%
|
$32.7m
+186.17%
|
$5.6m
-83.05%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($10.8m) | $58k | $71k | ($5.9m) | $19.3m | ($15.0m) | $49.9m | ($59.7m) | ($4.4m) | $3.1m | $15.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($10.8m) | $58k | $31.6m | $25.7m | $44.9m | $29.9m | $77.2m | $17.5m | $13.1m | $16.3m | $15.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $8.5m | — | $7.8m | $1.4m | $24.6m | $4.7m | $5.3m | — | |
| Income Taxes Paid, Net | $10k | $37k | $381k | $138k | $81k | $187k | $501k | $1.9m | ($112k) | $237k | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $657k | $212k | $0 | — | — | — | — | — | — | — | — | |
| Deconsolidation, Gain (Loss), Amount | $5.6m | $0 | — | — | — | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | ($14k) | — | — | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $1.3m | $1.0m | ($7.1m) | ($1.5m) | $6k | $0 | $2.3m | ($2.0m) | ($620k) | $0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | $0 | $1.1m | $0 | — | — | ($2.3m) | $450k | $438k | $0 | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $0 | ($494k) | $17k | $0 | ($6k) | $0 | $37.9m | $342k | $0 | $0 | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | ($242k) | ($26k) | $3.4m | ($3k) | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | ($242k) | ($26k) | $3.4m | ($3k) | — | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($3.7m) | ($8.5m) | ($1.7m) | $1.1m | $1.2m | ($3.2m) | ($4.9m) | ($68k) | ($198k) | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($15k) | ($15k) | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($15k) | ($15k) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | $16.7m | ($1.4m) | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | $17k | $0 | ($468k) | $2.5m | — | — | — | — | — | |
| General and Administrative Expense | $41.6m | $46.3m | $29.7m | $36.3m | $42.0m | $48.7m | $43.5m | $41.8m | $44.9m | $61.2m | — | |
| Goodwill | $71.1m | $80.1m | $74.7m | $82.1m | $121.1m | $110.2m | $45.5m | $50.4m | $56.5m | $69.1m | $971k | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($850k) | ($16.3m) | — | — | — | — | — | — | — | ($10.3m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($733k) | ($11.7m) | ($22.3m) | ($2.8m) | ($5.4m) | $1.9m | $30.1m | $25.6m | ($8.1m) | ($10.3m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($16.3m) | $1.1m | $0 | — | $0 | ($12.8m) | ($450k) | ($438k) | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($16.3m) | $1.1m | $0 | — | $0 | ($12.8m) | ($450k) | ($438k) | $0 | — | |
| Income Tax Expense (Benefit) | ($9.7m) | ($17.8m) | $315k | ($363k) | ($1.1m) | ($7.6m) | $4.8m | ($1.9m) | ($147k) | ($3.8m) | — | |
| Insurance Services Revenue | — | — | $9.9m | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $794k | $809k | $236k | $484k | $310k | $242k | $556k | $1.0m | $1.3m | $1.4m | — | |
| Operating Costs and Expenses | — | — | — | — | — | $7.1m | $18.7m | $27.2m | — | — | — | |
| Operating Expenses | $183.5m | $211.2m | $54.4m | $61.4m | $66.2m | $88.5m | $96.9m | $102.3m | $107.2m | $137.4m | — | |
| Operating Lease, Expense | — | — | — | — | — | $6.2m | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $13.4m | — | — | — | — | — | |
| Payments for Repurchase of Warrants | — | — | — | — | — | — | — | $4.0m | $0 | — | — | |
| Proceeds from Noncontrolling Interests | — | — | $678k | $0 | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $360k | $3.8m | ($17k) | $796k | $580k | $1.8m | $1.2m | $761k | $1.6m | $97k | — | |
| Stock or Unit Option Plan Expense | $1.0m | $1.2m | ($1.7m) | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | $17.1m | ($1.6m) | ($49k) | — | — |