KFS
Income statement / Annual
Last year (2023), Kingsway Financial Services Inc.'s total revenue was $107.66 M,
a decrease of 6.13% from the previous year.
In 2023, Kingsway Financial Services Inc.'s net income was $23.56 M.
See Kingsway Financial Services Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$107.66 M
|
$114.69 M
|
$94.78 M
|
$65.72 M
|
$63.21 M
|
$43.61 M
|
$193.18 M
|
$176.62 M
|
$158.75 M
|
$187.83 M
|
| Cost of Revenue |
$31.62 M |
$24.08 M |
$7.05 M |
$2.69 M |
$4.70 M |
$7.37 M |
$7.69 M |
$5.44 M |
$5.29 M |
$5.50 M |
| Gross Profit |
$76.03 M |
$90.61 M |
$87.72 M |
$63.03 M |
$58.51 M |
$36.24 M |
$185.49 M |
$171.18 M |
$153.46 M |
$182.33 M |
| Gross Profit Ratio |
0.71 |
0.79 |
0.93 |
0.96 |
0.93 |
0.83 |
0.96 |
0.97 |
0.97 |
0.97 |
| Research and Development
Expenses |
$0.00
|
$0.36
|
-$0.08
|
-$0.10
|
-$0.05
|
-$0.35
|
-$0.30
|
-$0.24
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$41.81 M
|
$43.52 M
|
$48.73 M
|
$41.95 M
|
$36.26 M
|
$29.37 M
|
$46.27 M
|
$41.63 M
|
$41.76 M
|
$67.23 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$41.81 M
|
$43.52 M
|
$48.73 M
|
$41.95 M
|
$36.26 M
|
$29.37 M
|
$46.27 M
|
$41.63 M
|
$41.76 M
|
$67.23 M
|
| Other Expenses |
$65.85 M |
$34.66 M |
-$164.86 M |
-$129.26 M |
-$119.56 M |
-$99.92 M |
$157.29 M |
$136.41 M |
$114.45 M |
$0.00 |
| Operating Expenses |
$107.66 M |
$78.18 M |
-$116.13 M |
-$87.31 M |
-$83.30 M |
-$70.19 M |
$203.56 M |
$178.04 M |
$156.21 M |
$67.23 M |
| Cost And Expenses |
$107.66 M |
$79.73 M |
$100.56 M |
$72.25 M |
$66.35 M |
$63.97 M |
$222.60 M |
$187.07 M |
$170.07 M |
$199.12 M |
| Interest Income |
$0.00 |
$715,000.00 |
$367,000.00 |
$463,000.00 |
$747,000.00 |
$595,000.00 |
$0.00 |
$1.48 M |
$1.61 M |
$1.29 M |
| Interest Expense |
$6.25 M |
$8.09 M |
$12.33 M |
$13.67 M |
$15.06 M |
$12.26 M |
$11.24 M |
$7.40 M |
$5.28 M |
$5.65 M |
| Depreciation &
Amortization |
$6.22 M
|
$91.57 M
|
$84.76 M
|
$57.43 M
|
$66.16 M
|
$74.89 M
|
$63.78 M
|
$53.44 M
|
$1.24 M
|
$1.79 M
|
| EBITDA |
$5.93 M
|
$30.13 M
|
$3.24 M
|
$14.11 M
|
$3.43 M
|
$30,000.00
|
$0.00
|
$1.26 M
|
-$1.53 M
|
-$11.22 M
|
| EBITDA Ratio |
0.06 |
0.38 |
-0.13 |
-0.23 |
-0.21 |
-0.22 |
-0.08 |
0.01 |
0.02 |
-0.06 |
| Operating Income Ratio
|
0.01
|
0.33
|
-0.23
|
-0.33
|
-0.32
|
-0.37
|
-0.06
|
-0.04
|
-0.01
|
-0.06
|
| Total Other
Income/Expenses Net |
$22.70 M
|
$4.83 M
|
-$6.16 M
|
-$1.12 M
|
-$1.72 M
|
-$19.66 M
|
-$2.97 M
|
-$3.61 M
|
-$9.79 M
|
-$4.66 M
|
| Income Before Tax |
$23.65 M |
$34.96 M |
-$5.78 M |
-$6.54 M |
-$3.13 M |
-$20.36 M |
-$29.42 M |
-$10.45 M |
-$11.32 M |
-$11.28 M |
| Income Before Tax Ratio
|
0.22
|
0.3
|
-0.06
|
-0.1
|
-0.05
|
-0.47
|
-0.15
|
-0.06
|
-0.07
|
-0.06
|
| Income Tax Expense |
-$1.90 M |
$4.83 M |
-$7.64 M |
-$1.12 M |
-$363,000.00 |
$358,000.00 |
-$17.76 M |
-$9.72 M |
$93,000.00 |
-$57,000.00 |
| Net Income |
$23.56 M |
$24.72 M |
$1.86 M |
-$5.42 M |
-$2.77 M |
-$26.59 M |
-$15.47 M |
$803,000.00 |
$1.11 M |
-$12.82 M |
| Net Income Ratio |
0.22 |
0.22 |
0.02 |
-0.08 |
-0.04 |
-0.61 |
-0.08 |
0 |
0.01 |
-0.07 |
| EPS |
0.91 |
1.16 |
0.0825 |
-0.24 |
-0.13 |
-1.22 |
-0.75 |
0.02 |
0.04 |
-0.74 |
| EPS Diluted |
0.89 |
1.05 |
0.0825 |
-0.24 |
-0.13 |
-1.22 |
-0.72 |
0.02 |
0.04 |
-0.74 |
| Weighted Average Shares
Out |
$25.71 M
|
$22.96 M
|
$22.54 M
|
$22.18 M
|
$21.86 M
|
$21.73 M
|
$20.55 M
|
$20.00 M
|
$19.62 M
|
$17.40 M
|
| Weighted Average Shares
Out Diluted |
$26.45 M
|
$25.30 M
|
$22.54 M
|
$22.18 M
|
$21.86 M
|
$21.73 M
|
$21.55 M
|
$20.00 M
|
$19.71 M
|
$17.40 M
|
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