For the quarter ending 2025-09-30, KG had $6,216K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -5,053 | 69,533 |
| Less net loss from discontinued operations | -965 | -495 |
| Other non-cash expenses (credit losses, depreciation, amortization, share-based compensation, leases) | -2,815 | 2,797 |
| Interest in loss of equity method investments | -24 | - |
| Net realized and unrealized investment gains | 5,494 | 1,058 |
| Gain on bargain purchase | 0 | 73,590 |
| Foreign exchange and other losses | -2,155 | - |
| Reinsurance balances receivable, net | -637 | -93 |
| Reinsurance recoverable on unpaid losses | -8,954 | 3,586 |
| Accrued investment income | 144 | 801 |
| Funds withheld receivable | 563 | 668 |
| Other assets | 619 | 27 |
| Reserve for loss and loss adjustment expenses | -22,156 | -25,090 |
| Foreign exchange and other losses | - | -5,009 |
| Unearned premiums | -2,980 | -1,327 |
| Change in allowance for expected credit losses | - | 215 |
| Accrued expenses and other liabilities | 23,363 | 8,452 |
| Net cash used in continuing operations | -8,950 | -19,553 |
| Net cash used in discontinued operations | -748 | -1,185 |
| Net cash used in operating activities | -9,698 | -20,738 |
| Purchases of fixed maturities | 115,777 | 23,889 |
| Purchases of other investments | 6,078 | 1,380 |
| Proceeds from sale and redemption of equity method investments | - | 163 |
| Purchases of equity method investments | 114 | 490 |
| Proceeds from sales of fixed maturities | 7,878 | 7,312 |
| Proceeds from maturities, paydowns and calls of fixed maturities | 149,346 | - |
| Proceeds from sale and redemption of other investments | 924 | 141 |
| Cash acquired from purchase of business | 0 | 79,807 |
| Net loan receivable from related party | -6,750 | - |
| Proceeds from maturities, paydowns and calls of fixed maturities | - | 26,670 |
| Others, net | 17 | 1 |
| Net cash provided by investing activities | 16,079 | 88,333 |
| Dividends paid kestrel equityholders | 0 | 40,000 |
| Net cash used in financing activities | 0 | -40,000 |
| Effect of exchange rate changes on foreign currency cash, restricted cash and cash equivalents | -165 | 661 |
| Net increase (decrease) in cash, restricted cash and cash equivalents | 6,216 | 28,256 |
Kestrel Group Ltd (KG)
Kestrel Group Ltd (KG)