KINGSWAY FINANCIAL SERVICES INC (KFS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total revenues | 30,919 | 28,349 | 27,136 | 26,446 |
| Cost of services sold | - | - | 6,817 | 6,161 |
| Claims authorized on vehicle service agreements | 6,805 | 5,910 | 6,323 | 6,349 |
| Commissions | 2,902 | 2,659 | 2,801 | 2,777 |
| General and administrative expenses | 14,070 | 12,800 | 11,867 | 11,033 |
| Cost of services sold | 8,268 | 7,694 | - | - |
| Total operating expenses | 32,045 | 29,063 | 27,808 | 26,320 |
| Operating (loss) income | -1,126 | -714 | -672 | 126 |
| Net realized gains | 128 | -71 | 958 | 277 |
| Non-operating other revenue, net | 226 | 139 | 230 | 472 |
| Net investment income | 410 | 380 | 403 | 308 |
| Interest expense | 1,265 | 1,230 | 1,173 | 1,162 |
| Impairment of intangible assets | 135 | 84 | 640 | 690 |
| Loss on extinguishment of debt | - | -115 | - | -160 |
| (loss) gain on change in fair value of debt | -1 | 20 | 81 | -49 |
| Net loss on equity investments | - | - | - | - |
| Amortization of intangible assets | 1,710 | 1,682 | 1,437 | 1,457 |
| Gain on change in fair value of limited liability investment, at fair value | 177 | 1 | 95 | 86 |
| Total other expenses, net | -2,170 | -2,642 | -1,483 | -2,375 |
| Loss from continuing operations before income tax (benefit) expense | -3,296 | -3,356 | -2,155 | -2,249 |
| Income tax (benefit) expense | -131 | -264 | 21 | 104 |
| Loss from continuing operations | -3,165 | -3,092 | -2,176 | -2,353 |
| Income from discontinued operations, net of taxes | - | - | 81 | 167 |
| Loss on disposal of discontinued operations, net of taxes | - | - | -216 | - |
| Net loss | -3,165 | -3,092 | -2,311 | -2,186 |
| Less dividends on preferred stock | 311 | 222 | 13 | - |
| Less net income from continuing operations attributable to noncontrolling interests in consolidated subsidiaries | 152 | 125 | 491 | 177 |
| Net (loss) income from continuing operations attributable to common shareholders | - | - | -2,680 | -2,530 |
| Net (loss) income from discontinued operations attributable to common shareholders | - | - | -135 | 167 |
| Net loss attributable to common shareholders | -3,628 | -3,439 | -2,815 | -2,363 |
| Basic (in shares) | 27,196,000 | 27,102,000 | 27,197,000 | 27,309,000 |
| Diluted (in shares) | 27,196,000 | 27,102,000 | 27,197,000 | 27,309,000 |
| Us-gaap_earningspersharebasic | -0.13 | -0.13 | -0.1 | -0.08 |
| Us-gaap_earningspersharediluted | -0.13 | -0.13 | -0.1 | -0.08 |