KWY
Kingsway Corporation
Price Chart
Latest Quote
$9.98
| Previous Close | $10.59 |
| Open | $10.54 |
| Day High | $10.49 |
| Day Low | $9.95 |
| Volume | 74,449 |
Stock Information
| Shares Outstanding | 28.63M |
| Total Debt | $78.22M |
| Cash Equivalents | $44.39M |
| Revenue | $148.36M |
| Net Income | $-11.27M |
| Sector | Financial Services |
| Industry | Asset Management |
| Market Cap | $285.68M |
| EPS (TTM) | $-0.40 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $359.82M |
| Sales | $148.36M |
| Income | $-11.27M |
| Book/sh | $0.46 |
| Cash/sh | $1.55 |
| Employees | 569 |
Financial Ratios
| Quick Ratio | 0.72 |
| Current Ratio | 0.92 |
| Debt/Eq | 239.94 |
Returns & Margins
| ROA | -1.58% |
| ROE | -34.88% |
| Gross Margin | 79.00% |
| Operating Margin | -2.37% |
| Profit Margin | -6.73% |
Ownership
| Insider Ownership | 27.09% |
| Institutional Ownership | 51.28% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| PEG | 0.83 |
| P/S | 1.93 |
| P/B | 21.74 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $10.25 |
| SMA50 | $10.73 |
| SMA200 | $12.42 |
| RSI | 46.99 |
| ATR | 0.4025 |
| Shares Float | 10.02M |
| Short Float | 7.70% |
| Short Ratio | 17.87 |
| Volatility | 0.23 |
| Rel Volume | 1.27 |
Performance History
| Week | -3.11% |
| Month | -0.40% |
| Quarter | -1.29% |
| 6 Months | -28.20% |
| YTD | -15.42% |
| Year | -27.26% |
| 3 Years | +13.02% |
| 5 Years | +93.79% |
| 10 Years | +93.79% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-25 | $9.98 | 74,449 |
| 2026-06-24 | $10.59 | 86,100 |
| 2026-06-23 | $10.55 | 44,900 |
| 2026-06-22 | $10.43 | 58,000 |
| 2026-06-18 | $10.55 | 101,500 |
| 2026-06-17 | $10.30 | 30,400 |
| 2026-06-16 | $10.48 | 50,100 |
| 2026-06-15 | $10.42 | 32,500 |
| 2026-06-12 | $10.43 | 29,000 |
| 2026-06-11 | $10.36 | 26,500 |
| 2026-06-10 | $10.23 | 60,700 |
| 2026-06-09 | $10.28 | 29,500 |
| 2026-06-08 | $10.14 | 34,400 |
| 2026-06-05 | $10.12 | 33,200 |
| 2026-06-04 | $10.09 | 26,900 |
| 2026-06-03 | $9.85 | 84,000 |
| 2026-06-02 | $10.17 | 45,600 |
| 2026-06-01 | $10.00 | 62,200 |
| 2026-05-29 | $9.99 | 169,800 |
| 2026-05-28 | $9.96 | 97,000 |
| 2026-05-27 | $9.99 | 36,000 |
| 2026-05-26 | $10.02 | 88,600 |
About Kingsway Corporation
Kingsway Corporation through its subsidiaries, engages in the extended warranty and business services in the United States. It operates through two segments: Kingsway Search Xcelerator and Extended Warranty. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies, as well as after-market vehicle protection services. Its Kingsway Search Xcelerator segment offers finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, Securities and Exchange Commission reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim staffing engagements; search services for permanent placements; healthcare staffing services; software products for the management needs of all types of shared-ownership properties; and fully managed outsourced cardiac telemetry services, as well as provides mobile monitors to the hospitals. It also offers information technology managed services, as well as Electric Motor Solutions and Vertical Market Software services. The company offers its products and services through credit unions and dealers. The company was formerly known as Kingsway Financial Services Inc. and changed its name to Kingsway Corporation in May 2026. The company was incorporated in 1989 and is headquartered in Chicago, Illinois.
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $136,721,000 | $112,530,000 | $107,655,000 | $114,689,000 |
| Operating Revenue | $136,721,000 | $112,530,000 | $107,655,000 | $114,689,000 |
| Expenses | ||||
| Interest Expense | $5,449,000 | $4,790,000 | $6,250,000 | $8,092,000 |
| Total Expenses | $150,725,000 | $120,790,000 | $84,004,000 | $79,732,000 |
| Net Non Operating Interest Income Expense | $-5,449,000 | $-4,790,000 | $-6,250,000 | $-8,092,000 |
| Interest Expense Non Operating | $5,449,000 | $4,790,000 | $6,250,000 | $8,092,000 |
| Other Operating Expenses | $-377,000 | $-192,000 | $1,610,000 | $5,114,000 |
| General And Administrative Expense | $61,224,000 | $44,925,000 | $41,805,000 | $43,519,000 |
| Loss Adjustment Expense | $25,727,000 | $24,577,000 | $23,066,000 | $20,895,000 |
| Other Income Expense | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-10,731,000 | $-9,090,000 | $25,097,000 | $39,789,000 |
| Net Interest Income | $-5,449,000 | $-4,790,000 | $-6,250,000 | $-8,092,000 |
| Interest Income | $1,443,000 | $1,355,000 | $1,115,000 | $715,000 |
| Normalized Income | $-10,214,154 | $-6,292,685 | $-149,820 | $11,767,111 |
| Net Income From Continuing And Discontinued Operation | $-10,731,000 | $-9,272,000 | $23,559,000 | $24,722,000 |
| Net Income Common Stockholders | $-11,917,000 | $-9,451,000 | $23,485,000 | $24,416,000 |
| Net Income | $-10,731,000 | $-9,272,000 | $23,559,000 | $24,722,000 |
| Net Income Including Noncontrolling Interests | $-10,252,000 | $-8,295,000 | $24,012,000 | $15,065,000 |
| Net Income Discontinuous Operations | $0 | $-182,000 | $-1,538,000 | $-15,067,000 |
| Net Income Continuous Operations | $-10,252,000 | $-8,113,000 | $25,550,000 | $30,132,000 |
| Pretax Income | $-14,004,000 | $-8,260,000 | $23,651,000 | $34,957,000 |
| Special Income Charges | $-706,000 | $-2,848,000 | $31,958,000 | $32,509,000 |
| Depreciation And Amortization In Income Statement | $8,169,000 | $6,304,000 | $5,909,000 | $6,133,000 |
| Per Share | ||||
| Diluted EPS | $-0.43 | $-0.35 | $0.89 | $0.98 |
| Basic EPS | $-0.43 | $-0.35 | $0.91 | $1.06 |
| Other | ||||
| Tax Effect Of Unusual Items | $-189,154 | $-50,685 | $6,711,180 | $4,487,111 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $1,376,000 | $6,375,000 | $4,163,000 | $16,989,000 |
| Total Unusual Items | $-706,000 | $-2,848,000 | $31,958,000 | $32,509,000 |
| Total Unusual Items Excluding Goodwill | $-706,000 | $-2,848,000 | $31,958,000 | $32,509,000 |
| Reconciled Depreciation | $9,225,000 | $6,997,000 | $6,220,000 | $6,449,000 |
| EBITDA (Bullshit earnings) | $670,000 | $3,527,000 | $36,121,000 | $49,498,000 |
| EBIT | $-8,555,000 | $-3,470,000 | $29,901,000 | $43,049,000 |
| Diluted Average Shares | $27,862,000 | $27,192,000 | $26,448,000 | $25,304,000 |
| Basic Average Shares | $27,862,000 | $27,192,000 | $25,713,000 | $22,961,000 |
| Diluted NI Availto Com Stockholders | $-11,917,000 | $-9,451,000 | $23,485,000 | $24,416,000 |
| Preferred Stock Dividends | $1,186,000 | $179,000 | $74,000 | $306,000 |
| Minority Interests | $-479,000 | $-977,000 | $-453,000 | $9,657,000 |
| Tax Provision | $-3,752,000 | $-147,000 | $-1,899,000 | $4,825,000 |
| Impairment Of Capital Assets | $706,000 | $2,848,000 | $0 | - |
| Amortization | $8,169,000 | $6,304,000 | $5,909,000 | $6,133,000 |
| Selling General And Administration | $61,224,000 | $44,925,000 | $41,805,000 | $43,519,000 |
| Other Gand A | $61,224,000 | $44,925,000 | $41,805,000 | $43,519,000 |
| Net Policyholder Benefits And Claims | $25,727,000 | $24,577,000 | $23,066,000 | $20,895,000 |
| Other Special Charges | - | $160,000 | $-31,958,000 | $-32,509,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-89,976,000 | $-79,910,000 | $-58,319,000 | $-56,913,000 |
| Total Assets | $231,499,000 | $186,616,000 | $197,717,000 | $285,650,000 |
| Goodwill And Other Intangible Assets | $121,395,000 | $96,573,000 | $86,028,000 | $78,597,000 |
| Other Intangible Assets | $52,265,000 | $40,049,000 | $35,670,000 | $33,099,000 |
| Receivables | $13,940,000 | $10,035,000 | $12,108,000 | $14,024,000 |
| Other Receivables | $100,000 | $100,000 | $726,000 | $3,720,000 |
| Taxes Receivable | $0 | $574,000 | $1,299,000 | $0 |
| Accounts Receivable | $13,840,000 | $9,361,000 | $10,083,000 | $10,304,000 |
| Cash Cash Equivalents And Short Term Investments | $15,631,000 | $42,625,000 | $15,181,000 | $101,916,000 |
| Cash And Cash Equivalents | $8,306,000 | $5,493,000 | $9,098,000 | $64,168,000 |
| Debt | ||||
| Net Debt | $62,406,000 | $52,044,000 | $35,318,000 | $37,924,000 |
| Total Debt | $78,016,000 | $60,219,000 | $45,614,000 | $103,309,000 |
| Long Term Debt And Capital Lease Obligation | $78,016,000 | $60,219,000 | $45,614,000 | $103,309,000 |
| Long Term Debt | $70,712,000 | $57,537,000 | $44,416,000 | $102,092,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $197,087,000 | $168,314,000 | $173,106,000 | $263,529,000 |
| Non Current Deferred Liabilities | $90,379,000 | $87,479,000 | $89,036,000 | $86,889,000 |
| Non Current Deferred Taxes Liabilities | $3,225,000 | $4,371,000 | $5,041,000 | $4,176,000 |
| Payables And Accrued Expenses | $28,000 | $0 | $0 | $945,000 |
| Payables | $28,000 | - | - | $945,000 |
| Total Tax Payable | $28,000 | $0 | $0 | $945,000 |
| Income Tax Payable | $28,000 | $0 | $0 | $945,000 |
| Equity | ||||
| Common Stock Equity | $15,169,000 | $8,413,000 | $27,709,000 | $15,671,000 |
| Preferred Stock Equity | $16,250,000 | $8,250,000 | - | $6,013,000 |
| Total Equity Gross Minority Interest | $34,412,000 | $18,302,000 | $24,611,000 | $22,121,000 |
| Stockholders Equity | $31,419,000 | $16,663,000 | $27,709,000 | $21,684,000 |
| Gains Losses Not Affecting Retained Earnings | $-60,000 | $-718,000 | $-1,540,000 | $26,605,000 |
| Other Equity Adjustments | $-60,000 | $-718,000 | $-1,540,000 | $26,605,000 |
| Retained Earnings | $-373,370,000 | $-361,453,000 | $-346,868,000 | $-370,427,000 |
| Long Term Equity Investment | $4,700,000 | $4,205,000 | $5,162,000 | $18,832,000 |
| Investments In Other Ventures Under Equity Method | $4,700,000 | $4,205,000 | $5,162,000 | $18,832,000 |
| Other | ||||
| Treasury Shares Number | $1,025,927 | $983,027 | $670,177 | $247,450 |
| Ordinary Shares Number | $28,625,744 | $27,136,749 | $27,101,613 | $23,190,080 |
| Share Issued | $29,651,671 | $28,119,776 | $27,771,790 | $23,437,530 |
| Tangible Book Value | $-106,226,000 | $-88,160,000 | $-58,319,000 | $-62,926,000 |
| Invested Capital | $85,881,000 | $65,950,000 | $72,125,000 | $117,763,000 |
| Capital Lease Obligations | $7,304,000 | $2,682,000 | $1,198,000 | $1,217,000 |
| Total Capitalization | $102,131,000 | $74,200,000 | $72,125,000 | $123,776,000 |
| Minority Interest | $2,993,000 | $1,639,000 | $-3,098,000 | $437,000 |
| Treasury Stock | $6,545,000 | $6,200,000 | $3,696,000 | $492,000 |
| Additional Paid In Capital | $394,848,000 | $376,503,000 | $379,813,000 | $359,985,000 |
| Capital Stock | $16,546,000 | $8,531,000 | $0 | $6,013,000 |
| Common Stock | $296,000 | $281,000 | $0 | $0 |
| Preferred Stock | $16,250,000 | $8,250,000 | $0 | $6,013,000 |
| Non Current Deferred Revenue | $87,154,000 | $83,108,000 | $83,995,000 | $82,713,000 |
| Long Term Capital Lease Obligation | $7,304,000 | $2,682,000 | $1,198,000 | $1,217,000 |
| Investments And Advances | $41,643,000 | $41,337,000 | $41,875,000 | $56,733,000 |
| Goodwill | $69,130,000 | $56,524,000 | $50,358,000 | $45,498,000 |
| Net PPE | $13,368,000 | $3,957,000 | $2,736,000 | $1,684,000 |
| Other Short Term Investments | $7,325,000 | $37,132,000 | $6,083,000 | $37,748,000 |
| Current Accrued Expenses | - | - | - | $55,801,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-1,621,000 | $358,000 | $-26,391,000 | $-14,574,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-3,000 | $1,067,000 | $-26,186,000 | $-14,574,000 |
| Cash From Discontinued Operating Activities | $0 | $462,000 | $663,000 | $-11,945,000 |
| Cash Flow From Continuing Operating Activities | $-3,000 | $605,000 | $-26,849,000 | $-2,629,000 |
| Operating Gains Losses | $-713,000 | $-1,734,000 | $-4,368,000 | $-39,127,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,618,000 | $-709,000 | $-205,000 | - |
| Investing Cash Flow | $-29,611,000 | $-16,846,000 | $6,457,000 | $100,940,000 |
| Cash From Discontinued Investing Activities | $0 | $1,136,000 | $-11,000 | $42,846,000 |
| Cash Flow From Continuing Investing Activities | $-29,611,000 | $-17,982,000 | $6,468,000 | $58,094,000 |
| Net Other Investing Changes | $-46,000 | $272,000 | - | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-345,000 | $-2,504,000 | $-3,204,000 | $0 |
| Issuance Of Capital Stock | $23,602,000 | $8,250,000 | $0 | - |
| Financing Cash Flow | $32,749,000 | $11,444,000 | $-39,963,000 | $-37,932,000 |
| Cash From Discontinued Financing Activities | $0 | $-435,000 | $-610,000 | $-32,358,000 |
| Cash Flow From Continuing Financing Activities | $32,749,000 | $11,879,000 | $-39,353,000 | $-5,574,000 |
| Net Other Financing Charges | $-542,000 | $-6,877,000 | $-4,868,000 | $-7,162,000 |
| Cash Dividends Paid | $-1,024,000 | $-13,000 | $0 | - |
| Preferred Stock Dividend Paid | $-1,024,000 | $-13,000 | $0 | - |
| Net Preferred Stock Issuance | $8,000,000 | $8,250,000 | $0 | - |
| Preferred Stock Issuance | $8,000,000 | $8,250,000 | $0 | - |
| Net Common Stock Issuance | $15,257,000 | $-2,504,000 | $-3,204,000 | $0 |
| Common Stock Issuance | $15,602,000 | $0 | - | - |
| Other | ||||
| Repayment Of Debt | $-15,239,000 | $-21,590,000 | $-49,441,000 | $-11,639,000 |
| Issuance Of Debt | $26,297,000 | $34,613,000 | $5,533,000 | $12,682,000 |
| Interest Paid Supplemental Data | $5,251,000 | $4,659,000 | $24,581,000 | $1,427,000 |
| Income Tax Paid Supplemental Data | $237,000 | - | $1,894,000 | $501,000 |
| End Cash Position | $16,271,000 | $13,136,000 | $17,498,000 | $77,232,000 |
| Beginning Cash Position | $13,136,000 | $18,110,000 | $77,802,000 | $29,899,000 |
| Changes In Cash | $3,135,000 | $-4,947,000 | $-60,262,000 | $45,876,000 |
| Cash Flow From Discontinued Operation | $0 | $-612,000 | $-570,000 | $-2,558,000 |
| Common Stock Payments | $-345,000 | $-2,504,000 | $-3,204,000 | $0 |
| Net Issuance Payments Of Debt | $11,058,000 | $13,023,000 | $-43,908,000 | $1,043,000 |
| Net Long Term Debt Issuance | $11,058,000 | $13,023,000 | $-43,908,000 | $1,043,000 |
| Long Term Debt Payments | $-15,239,000 | $-21,590,000 | $-49,441,000 | $-11,639,000 |
| Long Term Debt Issuance | $26,297,000 | $34,613,000 | $5,533,000 | $12,682,000 |
| Net Investment Purchase And Sale | $1,081,000 | $162,000 | $5,488,000 | $-4,442,000 |
| Sale Of Investment | $10,596,000 | $7,922,000 | $11,955,000 | $9,769,000 |
| Purchase Of Investment | $-9,515,000 | $-7,760,000 | $-6,467,000 | $-14,211,000 |
| Net Business Purchase And Sale | $-29,028,000 | $-17,707,000 | $1,185,000 | $23,925,000 |
| Sale Of Business | $153,000 | $2,347,000 | $14,818,000 | $37,614,000 |
| Purchase Of Business | $-29,181,000 | $-20,054,000 | $-13,633,000 | $-13,689,000 |
| Net PPE Purchase And Sale | $-1,618,000 | $-709,000 | $-205,000 | $26,461,000 |
| Purchase Of PPE | $-1,618,000 | $-709,000 | $-205,000 | - |
| Change In Working Capital | $2,904,000 | $-1,399,000 | $-24,342,000 | $4,875,000 |
| Change In Other Working Capital | $3,159,000 | $-2,309,000 | $-28,956,000 | $7,085,000 |
| Change In Other Current Assets | $-1,034,000 | $-360,000 | $945,000 | $-2,067,000 |
| Change In Receivables | $779,000 | $1,270,000 | $3,669,000 | $-143,000 |
| Changes In Account Receivables | $779,000 | $1,270,000 | $1,123,000 | $-136,000 |
| Other Non Cash Items | $479,000 | $940,000 | $-29,748,000 | $21,485,000 |
| Stock Based Compensation | $1,721,000 | $1,785,000 | $1,639,000 | $4,052,000 |
| Asset Impairment Charge | $706,000 | $2,848,000 | $0 | $0 |
| Deferred Tax | $-4,073,000 | $-537,000 | $-1,924,000 | $1,406,000 |
| Deferred Income Tax | $-4,073,000 | $-537,000 | $-1,924,000 | $1,406,000 |
| Depreciation And Amortization | $9,225,000 | $6,997,000 | $6,220,000 | $6,449,000 |
| Earnings Losses From Equity Investments | $1,000 | $162,000 | $-578,000 | $1,461,000 |
| Gain Loss On Investment Securities | $-714,000 | $-1,896,000 | $-3,171,000 | $-2,671,000 |
| Net Income From Continuing Operations | $-10,252,000 | $-8,295,000 | $24,012,000 | $15,065,000 |
| Proceeds From Stock Option Exercised | - | $0 | $12,627,000 | $545,000 |
| Amortization Of Securities | - | $-23,000 | $19,000 | $236,000 |
| Gain Loss On Sale Of Business | - | $-117,000 | $-619,000 | $-37,917,000 |
| Net Investment Properties Purchase And Sale | - | - | $0 | $12,150,000 |
| Sale Of Investment Properties | - | - | $0 | $12,150,000 |
| Unrealized Gain Loss On Investment Securities | - | - | $68,000 | $26,000 |
| Sale Of PPE | - | - | - | $26,461,000 |