KINGSTONE COMPANIES, INC. (KINS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | - | 40,661 | - | - |
| Equity securities | - | 123,435 | - | - |
| Fixed-maturity securities | - | 1,931,298 | - | - |
| Total | - | 2,095,394 | - | - |
| Investment expenses | - | 46,798 | - | - |
| Gross realized gains | - | 788 | - | - |
| Gross realized losses | - | -2,514 | - | - |
| Total fixed-maturity securities | - | -1,726 | - | - |
| Net realized losses | - | -1,726 | - | - |
| Gross gains | - | 57,077 | - | - |
| Total other investments-unrealized losses gains other investments | - | 57,077 | - | - |
| Gross losses | - | -193,330 | - | - |
| Total equity securities-unrealized gains equity securities | - | -193,330 | - | - |
| Net unrealized (losses) gains | - | -136,253 | - | - |
| Total revenues | 52,294,779 | 50,498,775 | 40,771,728 | 36,502,115 |
| Interest expense | - | - | - | 989,723 |
| Other underwriting expenses | 7,727,367 | 7,405,422 | 6,894,590 | 5,900,525 |
| Other operating expenses | 1,153,480 | 1,035,737 | 1,241,572 | 800,966 |
| Commission expense | 10,629,629 | 9,312,880 | 9,004,254 | 8,232,480 |
| Interest expense | 77,074 | 227,454 | 900,583 | - |
| Depreciation and amortization | 613,364 | 623,863 | 619,056 | 619,934 |
| Loss and loss adjustment expenses | 17,927,162 | 27,175,078 | 13,027,597 | 14,238,308 |
| Total expenses | 38,128,076 | 45,780,434 | 31,687,652 | 30,781,936 |
| Income from operations before taxes | 14,166,703 | 4,718,341 | 9,084,076 | 5,720,179 |
| Income tax expense | 2,914,371 | 835,681 | 2,105,931 | 1,205,242 |
| Net income | 11,252,332 | 3,882,660 | 6,978,145 | 4,514,937 |
| Income tax (expense) benefit related to items of other comprehensive income (loss) | - | - | -952,827 | -24,034 |
| Gross decrease (increase) in unrealized losses on available-for-sale-securities | 1,289,253 | 2,812,432 | 4,533,334 | 109,784 |
| Reclassification adjustment for realized losses included in net income | -4,078 | -1,726 | -3,939 | -4,662 |
| Net decrease (increase) in unrealized losses | 1,293,331 | 2,814,158 | 4,537,273 | 114,446 |
| Income tax (expense) benefit related to items of other comprehensive income (loss) | -271,600 | -590,972 | - | - |
| Other comprehensive income (loss), net of tax | 1,021,731 | 2,223,186 | 3,584,446 | 90,412 |
| Comprehensive income | 12,274,063 | 6,105,846 | 10,562,591 | 4,605,349 |
| Basic (in dollars per share) | 0.81 | 0.29 | 0.61 | 0.41 |
| Basic (in shares) | 13,925,707 | 13,472,404 | 11,404,360 | 11,019,347 |
| Diluted (in dollars per share) | 0.78 | 0.27 | 0.55 | 0.37 |
| Diluted (in shares) | 14,387,538 | 14,272,502 | 12,581,128 | 12,110,946 |