Kingsway Financial Services Past Earnings Performance
Past criteria checks 0/6
Kingsway Financial Services has been growing earnings at an average annual rate of 42.5%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 12.6% per year.
Key information
42.5%
Earnings growth rate
43.3%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 12.6% |
| Return on equity | -31.8% |
| Net Margin | -6.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)
Mar 12The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet
Dec 14
Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)
Oct 26Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO
Jan 30Kingsway Financial Services sells Texas railyard
Dec 29Kingsway Financial Services EPS of $1.49, revenue of $26.03M
Nov 10Kingsway Financial Services acquires CSuite Financial for $8.5M
Nov 01Kingsway Financial Services reports Q2 results
Aug 04It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year
May 22What Is The Ownership Structure Like For Kingsway Financial Services Inc. (NYSE:KFS)?
Jan 31
Have Insiders Been Buying Kingsway Financial Services Inc. (NYSE:KFS) Shares?
Dec 07Revenue & Expenses Breakdown
How Kingsway Financial Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 109 | -7 | 43 | 0 |
| 30 Jun 24 | 106 | -6 | 42 | 0 |
| 31 Mar 24 | 107 | -5 | 41 | 0 |
| 31 Dec 23 | 109 | 25 | 41 | 0 |
| 30 Sep 23 | 106 | 32 | 39 | 0 |
| 30 Jun 23 | 106 | 73 | 39 | 0 |
| 31 Mar 23 | 102 | 71 | 39 | 0 |
| 31 Dec 22 | 97 | 39 | 42 | 0 |
| 30 Sep 22 | 89 | 28 | 41 | 0 |
| 30 Jun 22 | 86 | -13 | 43 | 0 |
| 31 Mar 22 | 85 | -10 | 43 | 0 |
| 31 Dec 21 | 84 | -5 | 45 | 0 |
| 30 Sep 21 | 89 | -5 | 46 | 0 |
| 30 Jun 21 | 83 | -5 | 43 | 0 |
| 31 Mar 21 | 75 | -6 | 40 | 0 |
| 31 Dec 20 | 69 | -8 | 38 | 0 |
| 30 Sep 20 | 65 | -7 | 37 | 0 |
| 30 Jun 20 | 63 | -10 | 37 | 0 |
| 31 Mar 20 | 66 | -10 | 38 | 0 |
| 31 Dec 19 | 68 | -5 | 36 | 0 |
| 30 Sep 19 | 57 | -16 | 36 | 0 |
| 30 Jun 19 | 56 | -15 | 32 | 0 |
| 31 Mar 19 | 50 | -19 | 30 | 0 |
| 31 Dec 18 | 46 | -25 | 29 | 0 |
| 30 Sep 18 | 55 | 0 | 28 | 0 |
| 30 Jun 18 | 55 | 1 | 29 | 0 |
| 31 Mar 18 | 51 | -4 | 29 | 0 |
| 31 Dec 17 | 48 | -2 | 27 | 0 |
| 30 Sep 17 | -59 | -7 | 9 | 0 |
| 30 Jun 17 | -26 | -4 | 13 | 0 |
| 31 Mar 17 | 7 | 3 | 17 | 0 |
| 31 Dec 16 | 32 | 3 | 21 | 0 |
| 30 Sep 16 | 162 | -4 | 40 | 0 |
| 30 Jun 16 | 155 | -6 | 40 | 0 |
| 31 Mar 16 | 153 | -14 | 40 | 0 |
| 31 Dec 15 | 154 | -12 | 42 | 0 |
| 30 Sep 15 | 152 | -9 | 40 | 0 |
| 30 Jun 15 | 152 | -16 | 40 | 0 |
| 31 Mar 15 | 156 | -12 | 41 | 0 |
| 31 Dec 14 | 158 | -17 | 42 | 0 |
| 30 Sep 14 | 168 | -28 | 54 | 0 |
| 30 Jun 14 | 171 | -26 | 63 | 0 |
| 31 Mar 14 | 170 | -30 | 72 | 0 |
| 31 Dec 13 | 172 | -44 | 80 | 0 |
Quality Earnings: KFS is currently unprofitable.
Growing Profit Margin: KFS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KFS is unprofitable, but has reduced losses over the past 5 years at a rate of 42.5% per year.
Accelerating Growth: Unable to compare KFS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KFS is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (36.4%).
Return on Equity
High ROE: KFS has a negative Return on Equity (-31.78%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:51 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kingsway Financial Services Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dean Evans | Keefe, Bruyette, & Woods |
| Mark Dwelle | RBC Capital Markets |
| Tom MacKinnon | Scotiabank Global Banking and Market |