KINGSWAY FINANCIAL SERVICES INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that KINGSWAY FINANCIAL SERVICES INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $135.00M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $109.38M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $103.24M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $93.28M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $78.40M | Mar 8, 2023 |
| FY2020 | Dec 31, 2020 | $2.50M | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $9.90M | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $52.08M | Jul 10, 2020 |
| FY2017 | Dec 31, 2017 | $49.54M | Mar 16, 2018 |
| FY2017 | Sep 30, 2017 | $52.00M | Mar 16, 2018 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $135.00M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $109.38M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $103.24M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $93.28M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $78.40M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $47.61M | Feb 28, 2022 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $700.0K | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $600.0K | Mar 29, 2021 |
| FY2018 | Dec 31, 2018 | ($30.72M) | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | ($16.94M) | Feb 27, 2020 |
| FY2014 | Dec 31, 2014 | ($12.82M) | Mar 13, 2015 |
| FY2014 | Dec 31, 2013 | ($36.86M) | Mar 13, 2015 |
| FY2013 | Dec 31, 2012 | ($52.08M) | Mar 31, 2014 |
| FY2012 | Dec 31, 2011 | ($20.14M) | Mar 22, 2013 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($2.40M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $2.16M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $954.0K | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($3.57M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($474.0K) | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | ($5.22M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($1.41M) | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | ($2.29M) | Jul 10, 2020 |
| FY2018 | Dec 31, 2017 | $6.78M | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | ($7.07M) | Mar 16, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($3.0K) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $1.07M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($26.19M) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($14.57M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($5.91M) | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $1.67M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $759.0K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | ($10.14M) | Jul 10, 2020 |
| FY2018 | Dec 31, 2017 | ($14.40M) | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | ($15.59M) | Mar 16, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $830.0K | Feb 28, 2022 |
| FY2021 | Dec 31, 2020 | $213.0K | Feb 28, 2022 |
| FY2017 | Dec 31, 2016 | $645.0K | Mar 16, 2018 |
| FY2017 | Dec 31, 2015 | $203.0K | Mar 16, 2018 |
| FY2014 | Dec 31, 2014 | ($4.66M) | Mar 13, 2015 |
| FY2014 | Dec 31, 2013 | $1.13M | Mar 13, 2015 |
| FY2013 | Dec 31, 2012 | $170.0K | Mar 31, 2014 |
| FY2012 | Dec 31, 2011 | $1.34M | Mar 22, 2013 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $231.50M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $186.62M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $197.72M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $285.65M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $475.63M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $452.47M | Feb 28, 2022 |
| FY2020 | Dec 1, 2020 | $66.71M | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $399.62M | Mar 29, 2021 |
| FY2020 | Mar 1, 2019 | $22.22M | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $378.24M | Jul 10, 2020 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $197.09M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $168.31M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $173.11M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $263.53M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $460.88M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $433.81M | Feb 28, 2022 |
| FY2020 | Dec 1, 2020 | $42.34M | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $378.85M | Mar 29, 2021 |
| FY2020 | Mar 1, 2019 | $13.85M | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $348.18M | Jul 10, 2020 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.17M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $8.41M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $27.71M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $15.67M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($5.72M) | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | ($2.00M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $874.0K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $12.46M | Jul 10, 2020 |
| FY2018 | Dec 31, 2017 | $41.37M | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | $56.01M | Mar 16, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $69.13M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $56.52M | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | $50.36M | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | $45.50M | Mar 17, 2025 |
| FY2022 | Dec 31, 2021 | $49.26M | Mar 8, 2023 |
| FY2022 | Oct 1, 2021 | $7.90M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $121.13M | Feb 28, 2022 |
| FY2022 | Dec 1, 2020 | $39.00M | Mar 8, 2023 |
| FY2021 | Dec 31, 2019 | $82.10M | Feb 28, 2022 |
| FY2020 | Mar 1, 2019 | $7.45M | Mar 29, 2021 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($373.37M) | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | ($361.45M) | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | ($346.87M) | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | ($370.43M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($395.15M) | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | ($394.81M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($388.08M) | Mar 29, 2021 |
| FY2020 | Dec 31, 2018 | ($382.20M) | Mar 29, 2021 |
| FY2018 | Dec 31, 2017 | ($310.95M) | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | ($297.67M) | Mar 16, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.31M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $5.49M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $9.10M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $64.17M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $10.08M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $14.37M | Feb 28, 2022 |
| FY2020 | Dec 1, 2020 | $90.0K | Mar 29, 2021 |
| FY2020 | Dec 31, 2019 | $13.48M | Mar 29, 2021 |
| FY2020 | Mar 1, 2019 | $755.0K | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | $14.62M | Jul 10, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $70.71M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $57.54M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $44.42M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | $102.09M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $94.10M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | $268.29M | Feb 28, 2022 |
| FY2019 | Dec 31, 2019 | $258.53M | Jul 10, 2020 |
| FY2019 | Dec 31, 2018 | $253.26M | Jul 10, 2020 |
| FY2018 | Dec 31, 2017 | $244.14M | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | $233.69M | Mar 16, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | 1 | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | (1) | Jul 10, 2020 |
| FY2017 | Dec 31, 2017 | 0 | Mar 16, 2018 |
| FY2017 | Sep 30, 2017 | 0 | Mar 16, 2018 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | (1) | Jul 10, 2020 |
| FY2017 | Dec 31, 2017 | 0 | Mar 16, 2018 |
| FY2017 | Sep 30, 2017 | 0 | Mar 16, 2018 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 28.63M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 27.14M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | 27.10M | Mar 17, 2025 |
| FY2023 | Dec 31, 2022 | 23.19M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | 22.88M | Mar 8, 2023 |
| FY2021 | Dec 31, 2020 | 22.21M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 21.87M | Mar 29, 2021 |
| FY2019 | Dec 31, 2018 | 21.79M | Jul 10, 2020 |
| FY2018 | Dec 31, 2017 | 21.71M | Feb 27, 2020 |
| FY2017 | Dec 31, 2016 | 21.46M | Mar 16, 2018 |