Kingsway Historical Income Statement

KFS Stock

USD 13.36 0.62 4.43%

Historical analysis of Kingsway Financial income statement accounts such as Total Revenue of 103.9 M can show how well Kingsway Financial Services performed in making a profits. Evaluating Kingsway Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kingsway Financial's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Kingsway Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kingsway Financial is a good buy for the upcoming year.

Net Income Gross Profit

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About Kingsway Income Statement Analysis

Kingsway Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kingsway Financial shareholders. The income statement also shows Kingsway investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kingsway Financial Income Statement Chart

At this time, Kingsway Financial's Selling General Administrative is comparatively stable compared to the past year. Operating Income is likely to gain to about 2.3 M in 2025, whereas Interest Expense is likely to drop slightly above 4.6 M in 2025.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Kingsway Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kingsway Financial Services minus its cost of goods sold. It is profit before Kingsway Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kingsway Financial. It is also known as Kingsway Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Kingsway Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kingsway Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

	2022	2023	2024	2025 (projected)
Gross Profit	90.6M	76.0M	82.6M	78.5M
Total Revenue	114.7M	107.7M	109.4M	103.9M

Gross Profit Total Revenue

Kingsway Financial income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Cost Of Revenue	Non Recurring	Extraordinary Items	Minority Interest	Selling And Marketing Expenses	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.61	-0.23	-0.2	-0.19	-0.21	0.24	-0.78	0.5	-0.3	0.28	0.07	0.31	-0.38	-0.18	0.43	-0.31	-0.5	-0.35	0.19	-0.25	0.29	-0.3	-0.61	-0.59	0.43
Interest Expense	0.61		0.03	-0.16	-0.12	-0.02	-0.27	-0.56	0.11	-0.31	-0.24	-0.1	-0.24	-0.32	0.15	-0.07	-0.57	-0.25	-0.18	0.48	-0.56	0.17	-0.25	-0.54	-0.86	0.39
Selling General Administrative	-0.23	0.03		0.74	0.72	0.8	-0.55	-0.13	-0.61	0.27	-0.52	-0.5	-0.44	0.03	0.16	-0.44	-0.39	0.2	0.24	-0.12	-0.57	-0.46	0.01	0.38	0.33	-0.15
Total Revenue	-0.2	-0.16	0.74		0.99	0.96	-0.31	0.05	-0.55	0.67	-0.39	-0.21	-0.18	-0.32	0.03	-0.23	-0.18	0.54	0.35	-0.18	-0.36	-0.37	-0.35	0.43	0.44	-0.55
Gross Profit	-0.19	-0.12	0.72	0.99		0.97	-0.4	0.01	-0.62	0.6	-0.47	-0.26	-0.27	-0.32	0.16	-0.3	-0.13	0.62	0.4	-0.12	-0.29	-0.38	-0.37	0.51	0.35	-0.59
Other Operating Expenses	-0.21	-0.02	0.8	0.96	0.97		-0.52	-0.02	-0.7	0.6	-0.59	-0.37	-0.39	-0.34	0.14	-0.41	-0.28	0.56	0.43	-0.11	-0.44	-0.37	-0.38	0.44	0.31	-0.53
Operating Income	0.24	-0.27	-0.55	-0.31	-0.4	-0.52		0.25	0.84	0.15	0.86	0.6	0.8	0.11	-0.61	0.78	0.17	-0.38	-0.51	-0.18	0.18	0.25	0.23	-0.43	0.18	0.16
Ebit	-0.78	-0.56	-0.13	0.05	0.01	-0.02	0.25		-0.05	0.46	0.09	0.3	0.1	0.08	-0.27	-0.04	0.31	0.31	0.19	-0.01	0.29	-0.09	0.09	0.18	0.51	-0.35
Ebitda	0.5	0.11	-0.61	-0.55	-0.62	-0.7	0.84	-0.05		-0.23	0.86	0.55	0.8	0.07	-0.41	0.8	-0.04	-0.67	-0.46	0.15	0.02	0.32	0.23	-0.64	-0.18	0.48
Total Operating Expenses	-0.3	-0.31	0.27	0.67	0.6	0.6	0.15	0.46	-0.23		-0.12	0.03	0.03	-0.32	-0.42	-0.09	-0.2	0.5	0.11	-0.26	-0.26	-0.06	-0.3	0.06	0.54	-0.6
Income Before Tax	0.28	-0.24	-0.52	-0.39	-0.47	-0.59	0.86	0.09	0.86	-0.12		0.73	0.94	0.18	-0.49	0.9	0.22	-0.57	-0.48	-0.1	0.23	0.23	0.29	-0.37	0.16	0.26
Total Other Income Expense Net	0.07	-0.1	-0.5	-0.21	-0.26	-0.37	0.6	0.3	0.55	0.03	0.73		0.71	-0.08	-0.45	0.75	0.35	-0.23	-0.42	0.05	0.28	0.39	-0.04	-0.31	0.04	0.03
Net Income	0.31	-0.24	-0.44	-0.18	-0.27	-0.39	0.8	0.1	0.8	0.03	0.94	0.71		-0.07	-0.47	0.91	0.16	-0.48	-0.24	-0.07	0.16	0.24	0.05	-0.33	0.2	0.19
Income Tax Expense	-0.38	-0.32	0.03	-0.32	-0.32	-0.34	0.11	0.08	0.07	-0.32	0.18	-0.08	-0.07		0.19	-0.04	0.22	-0.14	-0.3	-0.16	0.19	-0.12	0.97	0.35	0.23	-0.01
Discontinued Operations	-0.18	0.15	0.16	0.03	0.16	0.14	-0.61	-0.27	-0.41	-0.42	-0.49	-0.45	-0.47	0.19		-0.52	0.08	0.44	0.49	0.11	0.14	-0.41	0.11	0.61	-0.32	-0.1
Net Income From Continuing Ops	0.43	-0.07	-0.44	-0.23	-0.3	-0.41	0.78	-0.04	0.8	-0.09	0.9	0.75	0.91	-0.04	-0.52		0.2	-0.58	-0.45	-0.06	0.11	0.31	0.08	-0.45	0.02	0.26
Cost Of Revenue	-0.31	-0.57	-0.39	-0.18	-0.13	-0.28	0.17	0.31	-0.04	-0.2	0.22	0.35	0.16	0.22	0.08	0.2		0.23	-0.08	-0.14	0.92	0.16	0.12	0.4	0.22	-0.26
Non Recurring	-0.5	-0.25	0.2	0.54	0.62	0.56	-0.38	0.31	-0.67	0.5	-0.57	-0.23	-0.48	-0.14	0.44	-0.58	0.23		0.39	-0.1	0.24	-0.33	-0.26	0.65	0.18	-0.76
Extraordinary Items	-0.35	-0.18	0.24	0.35	0.4	0.43	-0.51	0.19	-0.46	0.11	-0.48	-0.42	-0.24	-0.3	0.49	-0.45	-0.08	0.39		0.05	-0.02	-0.3	-0.33	0.51	0.12	-0.18
Minority Interest	0.19	0.48	-0.12	-0.18	-0.12	-0.11	-0.18	-0.01	0.15	-0.26	-0.1	0.05	-0.07	-0.16	0.11	-0.06	-0.14	-0.1	0.05		-0.08	-0.02	-0.13	-0.27	-0.52	-0.06
Selling And Marketing Expenses	-0.25	-0.56	-0.57	-0.36	-0.29	-0.44	0.18	0.29	0.02	-0.26	0.23	0.28	0.16	0.19	0.14	0.11	0.92	0.24	-0.02	-0.08		0.1	0.07	0.36	0.13	-0.23
Non Operating Income Net Other	0.29	0.17	-0.46	-0.37	-0.38	-0.37	0.25	-0.09	0.32	-0.06	0.23	0.39	0.24	-0.12	-0.41	0.31	0.16	-0.33	-0.3	-0.02	0.1		-0.09	-0.47	-0.17	0.31
Tax Provision	-0.3	-0.25	0.01	-0.35	-0.37	-0.38	0.23	0.09	0.23	-0.3	0.29	-0.04	0.05	0.97	0.11	0.08	0.12	-0.26	-0.33	-0.13	0.07	-0.09		0.21	0.2	0.09
Interest Income	-0.61	-0.54	0.38	0.43	0.51	0.44	-0.43	0.18	-0.64	0.06	-0.37	-0.31	-0.33	0.35	0.61	-0.45	0.4	0.65	0.51	-0.27	0.36	-0.47	0.21		0.41	-0.55
Net Interest Income	-0.59	-0.86	0.33	0.44	0.35	0.31	0.18	0.51	-0.18	0.54	0.16	0.04	0.2	0.23	-0.32	0.02	0.22	0.18	0.12	-0.52	0.13	-0.17	0.2	0.41		-0.33
Reconciled Depreciation	0.43	0.39	-0.15	-0.55	-0.59	-0.53	0.16	-0.35	0.48	-0.6	0.26	0.03	0.19	-0.01	-0.1	0.26	-0.26	-0.76	-0.18	-0.06	-0.23	0.31	0.09	-0.55	-0.33

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Kingsway Financial Account Relationship Matchups

Kingsway Financial income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	57.4M	84.8M	91.6M	6.2M	5.6M	5.4M
Interest Expense	13.7M	12.3M	8.1M	6.3M	4.8M	4.6M
Selling General Administrative	42.0M	48.7M	43.5M	41.8M	44.9M	60.8M
Total Revenue	65.7M	94.8M	114.7M	107.7M	109.4M	103.9M
Gross Profit	63.0M	87.7M	90.6M	76.0M	82.6M	78.5M
Other Operating Expenses	72.3M	100.6M	79.7M	107.7M	107.2M	101.9M
Operating Income	(21.6M)	(21.4M)	37.6M	954K	2.2M	2.3M
Ebit	(43.3M)	(81.5M)	(61.4M)	(286K)	(3.5M)	(3.3M)
Ebitda	14.1M	3.2M	30.1M	5.9M	2.2M	2.1M
Total Operating Expenses	(87.3M)	(116.1M)	78.2M	107.7M	80.5M	84.5M
Income Before Tax	(6.5M)	(5.8M)	35.0M	23.7M	(8.3M)	(7.8M)
Total Other Income Expense Net	(1.1M)	(6.2M)	4.8M	22.7M	(10.4M)	(10.9M)
Net Income	(5.4M)	1.9M	24.7M	23.6M	(9.3M)	(9.7M)
Income Tax Expense	(1.1M)	(7.6M)	4.8M	(1.9M)	(147K)	(139.7K)
Discontinued Operations	(1.5M)	6K	4.6M	(15.1M)	(13.6M)	(12.9M)
Net Income From Continuing Ops	(5.4M)	1.9M	30.1M	25.6M	(8.1M)	(8.5M)
Research Development	0.1	0.08	0.36	0.22	0.25	0.27
Cost Of Revenue	2.7M	7.1M	24.1M	31.6M	26.7M	25.4M
Extraordinary Items	6K	4.6M	(15.1M)	(1.5M)	(182K)	(172.9K)
Net Income Applicable To Common Shares	(7.8M)	(836K)	24.4M	23.5M	(9.5M)	(9.0M)
Minority Interest	14.2M	(2.2M)	(1.5M)	(453K)	(977K)	(928.2K)
Tax Provision	(1.1M)	(7.6M)	4.8M	(1.9M)	(147K)	(154.4K)
Interest Income	463K	2.4M	715K	1.1M	1.4M	1.3M
Net Interest Income	(13.7M)	(12.3M)	(8.1M)	(6.3M)	(4.8M)	(5.0M)
Reconciled Depreciation	6.7M	8.6M	6.4M	6.2M	7.0M	7.5M

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Kingsway Historical Income Statement

About Kingsway Income Statement Analysis

Kingsway Financial Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Kingsway Financial income statement Correlations

Kingsway Financial Account Relationship Matchups

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Kingsway Financial income statement Accounts

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Gross Profit	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.97	Gross Profit
Tax Provision	+ 0.97	Income Tax Expense
Other Operating Expenses	+ 0.96	Total Revenue
Net Income	+ 0.94	Income Before Tax
Selling And Marketing Expenses	+ 0.92	Cost Of Revenue

Net Interest Income	- 0.86	Interest Expense
Ebit	- 0.78	Depreciation And Amortization
Reconciled Depreciation	- 0.76	Non Recurring
Ebitda	- 0.7	Other Operating Expenses
Non Recurring	- 0.67	Ebitda
Interest Income	- 0.64	Ebitda