← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $176.6m |
$193.2m
+9.38%
|
$52.1m
-73.04%
|
$59.9m
+15.11%
|
$61.4m
+2.36%
|
$78.4m
+27.77%
|
$93.3m
+18.98%
|
$103.2m
+10.68%
|
$109.4m
+5.95%
|
$135.0m
+23.42%
|
$155.9m
+15.45%
|
|
| Insurance Services Revenue | — | — | $9.9m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $41.6m | $46.3m | $29.7m | $36.3m | $42.0m | $48.7m | $43.5m | $41.8m | $44.9m | $61.2m | — | |
| Amortization of Intangible Assets | $1.2m | $1.2m | $2.4m | $2.5m | $2.3m | $4.9m | $6.1m | $5.9m | $6.3m | $8.2m | — | |
| Operating Lease, Expense | — | — | — | — | — | $6.2m | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $13.4m | — | — | — | — | — | |
| 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 | $168.8m | |
| Operating Income (Loss) | ($7.1m) |
($13.6m)
-91.68%
|
$6.7m
+149.45%
|
($1.4m)
-121.03%
|
($4.8m)
-242.87%
|
$3.2m
+167.05%
|
($3.6m)
-210.31%
|
$954k
+126.70%
|
$2.2m
+126.62%
|
($2.4m)
-210.92%
|
— | |
| 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) | — | |
| Interest Expense | $4.5m | $5.0m | $7.4m | $9.0m | $7.7m | $6.2m | $8.1m | $6.2m | $4.8m | $5.4m | $5.7m | |
| Interest Income, Other | $609k | $428k | $230k | $506k | $461k | $364k | $612k | $839k | $387k | $323k | $3.8m | |
| Investment Income, Interest | $794k | $809k | $236k | $484k | $310k | $242k | $556k | $1.0m | $1.3m | $1.4m | — | |
| Net Investment Income | $8.2m | $2.7m | ($3.0m) | $2.9m | $2.6m | $1.6m | $2.3m | $1.8m | $1.4m | $1.6m | — | |
| Investment Income, Net | $8.2m | $2.7m | ($3.0m) | $2.9m | $2.6m | $1.6m | $2.3m | $1.8m | $1.4m | $1.6m | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $1.5m | ($156k) | $1.5m | $13k | $0 | $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) | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($15k) | ($15k) | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($15k) | ($15k) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | $3.0m | $2.9m | $2.6m | $1.6m | — | — | — | $714k | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | $16.7m | ($1.4m) | $0 | — | — | |
| Other Nonoperating Income (Expense) | ($7.6m) | ($9.4m) | ($9.0m) | ($8.5m) | ($58k) | ($2.8m) | ($206k) | ($1.5m) | $550k | $377k | — | |
| Other Income | $11.0m | $11.3m | $416k | $472k | $390k | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($1.0m) | $2.1m | ($2.5m) | $169k | $0 | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $10.5m | $29.4m | $21.9m | $3.1m | $6.5m | $5.8m | $35.0m | $23.7m | $8.3m | ($13.7m) | ($9.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($10.5m) | ($29.4m) | ($21.9m) | ($3.1m) | ($6.5m) | ($5.8m) | $35.0m | $23.7m | ($8.3m) | ($14.0m) | ($9.3m) | |
| Current Income Tax Expense (Benefit) | $87k | $628k | $423k | $423k | $345k | ($2.4m) | $3.4m | $25k | $390k | $321k | ($3.2m) | |
| Income Tax Expense (Benefit) | ($9.7m) | ($17.8m) | $315k | ($363k) | ($1.1m) | ($7.6m) | $4.8m | ($1.9m) | ($147k) | ($3.8m) | ($3.2m) | |
| Net Income (Loss) Attributable to Parent | $405k |
($15.8m)
-4005.93%
|
($30.7m)
-94.20%
|
($6.9m)
+77.52%
|
($7.8m)
-12.83%
|
($836k)
+89.27%
|
$24.4m
+3020.57%
|
$23.5m
-3.81%
|
($9.5m)
-140.24%
|
($11.9m)
-26.09%
|
($8.6m)
+27.97%
|
|
| 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%
|
($8.6m)
+27.97%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | ($5.4m) | — | — | $31.3m | $25.0m | ($9.3m) | ($11.9m) | ($8.6m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($281k) | $4.3m | $1.8m | $1.6m | ($1.3m) | $2.2m | ($1.5m) | — | — | $479k | ($8.6m) | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | — | — | — | — | — | — | ($1.5m) | $453k | $977k | $562k | ($8.6m) | |
| Preferred Stock Dividends, Income Statement Impact | $398k | $350k | $620k | $1.0m | $1.1m | $494k | $306k | $74k | $179k | $1.2m | $1.3m | |
| Earnings Per Share, Basic | $0.02 | ($0.73) | ($1.41) | ($0.32) | ($0.35) | ($0.04) | $1.06 | $0.91 | ($0.35) | ($0.43) | ($0.30) | |
| Earnings Per Share, Diluted | $0.02 | ($0.73) | ($1.41) | ($0.32) | ($0.35) | ($0.04) | $0.98 | $0.89 | ($0.35) | ($0.43) | ($0.30) | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($0) | ($1) | ($1) | ($0) | ($0) | ($0) | $1 | $1 | ($0) | ($0) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($0) | ($1) | ($1) | ($0) | ($0) | ($0) | $1 | $1 | ($0) | ($0) | — | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 20.0m | 21.5m | 21.7m | 21.9m | 22.2m | 22.5m | 23.0m | 25.7m | 27.2m | 27.9m | 28.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 20.0m | 21.5m | 21.7m | 21.9m | 22.2m | 22.5m | 25.3m | 26.4m | 27.2m | 27.9m | 28.6m | |
| Additional Financial Items | ||||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $27.8m | $28.4m | $3.2m | $4.2m | ($4.7m) | $6.6m | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $360k | $3.8m | ($17k) | $796k | $580k | $1.8m | $1.2m | $761k | $1.6m | $97k | — | |
| Business Combination, Acquisition Related Costs | — | — | $0 | — | $400k | $400k | $1.1m | $700k | $500k | $1.4m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | ($100k) | $100k | — | $229k | $0 | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | — | $0 | $732k | $700k | — | |
| Policyholder Benefits and Claims Incurred, Net | — | — | — | — | — | $19.5m | $20.9m | $23.1m | $24.6m | $25.7m | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | $0 | $1.1m | $0 | $6.5m | $5.8m | ($2.3m) | $450k | $438k | $0 | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($850k) | ($16.3m) | $21.9m | $3.1m | $6.5m | $5.8m | $35.0m | $23.7m | $8.3m | ($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 | $10.5m | $29.4m | $21.9m | $3.1m | $6.5m | $5.8m | ($12.8m) | $23.7m | $8.3m | $14.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $10.5m | $29.4m | $21.9m | $3.1m | $6.5m | $5.8m | ($12.8m) | $23.7m | $8.3m | $14.0m | — |