For the quarter ending 2025-09-30, KFS made $37,173K in revenue. -$2,781K in net income. Net profit margin of -7.48%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenues | 37,173 | 30,919 | 28,349 | 27,136 |
| Cost of services sold | - | - | - | 6,817 |
| Claims authorized on vehicle service agreements | 6,638 | 6,805 | 5,910 | 6,323 |
| Commissions | 3,125 | 2,902 | 2,659 | 2,801 |
| Cost of services sold | 11,071 | 8,268 | 7,694 | - |
| General and administrative expenses | 17,204 | 14,070 | 12,800 | 11,867 |
| Total operating expenses | 38,038 | 32,045 | 29,063 | 27,808 |
| Operating (loss) income | -865 | -1,126 | -714 | -672 |
| Net investment income | 431 | 410 | 380 | 403 |
| Net realized (losses) gains | -5 | 128 | -71 | 958 |
| Net loss on equity investments | 0 | 0 | - | - |
| Gain on change in fair value of limited liability investment, at fair value | 111 | 177 | 1 | 95 |
| Non-operating other revenue, net | 122 | 226 | 139 | 230 |
| Interest expense | 1,505 | 1,265 | 1,230 | 1,173 |
| Amortization of intangible assets | 2,362 | 1,710 | 1,682 | 1,437 |
| Impairment of intangible assets | 249 | 135 | 84 | 640 |
| (loss) gain on change in fair value of debt | -18 | -1 | 20 | 81 |
| Loss on extinguishment of debt | -121 | 0 | -115 | - |
| Total other expenses, net | -3,596 | -2,170 | -2,642 | -1,483 |
| Loss from continuing operations before income tax (benefit) expense | -4,461 | -3,296 | -3,356 | -2,155 |
| Income tax (benefit) expense | -2,050 | -131 | -264 | 21 |
| Loss from continuing operations | -2,411 | -3,165 | -3,092 | -2,176 |
| Income from discontinued operations, net of taxes | 0 | 0 | - | 81 |
| Loss on disposal of discontinued operations, net of taxes | 0 | 0 | - | -216 |
| Net loss | -2,411 | -3,165 | -3,092 | -2,311 |
| Less net income from continuing operations attributable to noncontrolling interests and redeemable noncontrolling interests in consolidated subsidiaries | 45 | - | - | - |
| Less dividends on preferred stock | 325 | 311 | 222 | 13 |
| Less net income from continuing operations attributable to noncontrolling interests in consolidated subsidiaries | - | 152 | 125 | 491 |
| Net loss attributable to common shareholders | -2,781 | -3,628 | -3,439 | -2,815 |
| Net loss from continuing operations attributable to common shareholders | -2,781 | - | - | -2,680 |
| Net loss from discontinued operations attributable to common shareholders | 0 | - | - | -135 |
| Net loss attributable to common shareholders | -2,781 | - | - | - |
| Basic (in shares) | 28,508,000 | 27,196,000 | 27,102,000 | 27,197,000 |
| Diluted (in shares) | 28,508,000 | 27,196,000 | 27,102,000 | 27,197,000 |
| Us-gaap_earningspersharebasic | -0.1 | -0.13 | -0.13 | -0.1 |
| Us-gaap_earningspersharediluted | -0.1 | -0.13 | -0.13 | -0.1 |
KINGSWAY FINANCIAL SERVICES INC (KFS)
KINGSWAY FINANCIAL SERVICES INC (KFS)