Kingsway Financial Services Inc.

Kingsway Financial Services Inc.

KFSยทNYSE

$10.23

-0.098%
Consumer CyclicalAuto - Dealerships

Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty business services, asset management, and real estate businesses. The company operates through three segments: Extended Warranty, Leased Real Estate, and Kingsway Search Xcelerator. 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 sells new home warranty products, as well as offers uninsured warrant administration services to homebuilders and homeowners; 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. The Leased Real Estate segment owns a parcel of real property consisting of approximately 192 acres located in the State of Texas. The Kingsway Search Xcelerator offers outsourced 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, SEC reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. The company offers its products and services through credit unions, dealers, homebuilders, and consumers. Kingsway Financial Services Inc. was incorporated in 1989 and is based in Itasca, Illinois.

At a Glance

Live Snapshot
Market Cap$292.84M
EPS-0.4300
P/E Ratio-34.92
Earnings Date08/06/2026
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y-129.0%
5Y-839.0%
10Y+238.0%
3Y-186.0%
5Y+141.0%
10Y+259.0%
KFS

Kingsway Financial Services Inc. Cash Conversion Engine

KFS ยท NYSE
Net Income-10.25M
Depreciation & Amortization9.22M
Stock-Based Compensation1.72M
Change in Working Capital2.90M
Others472.00K
Capital Expenditures-1.62M
Free Cash Flow-1.62M

Cash Flow Quality Analysis

FCF Conversion Rate

15.8%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

-53933.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-552.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$2.90M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Kingsway Financial Services Inc. Cash Flow Statement

KFS โ€ข NYSE

Kingsway Financial Services Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-10.3M
-9.1M
24M
27.9M
-4.9M
-6.7M
-4.3M
-29.4M
-11.1M
522K
1.3M
-11.2M
-36.1M
-53.3M
-26.1M
-61.1M
-106.3M
-405.9M
-18.5M
123.3M
9.2M
7M
6.2M
6.4M
5.1M
6.7M
6.9M
6.7M
5.6M
2.8M
1.8M
1.8M
3.8M
3M
2.3M
6.6M
10.7M
67.8M
15.5M
5M
-4.1M
0.0
-1.9M
1.4M
0.0
-1M
-785K
-226K
-18.4M
-9.8M
87K
1.4M
435K
1.1M
3.4M
-6.1M
-30.4M
94.7M
-36.3M
-17.4M
1.7M
0.0
1.6M
4.1M
0.0
1.4M
1.2M
-1.7M
1.2M
1M
802K
1.2M
325K
354K
-37K
0.0
0.0
0.0
0.0
0.0
472K
4.5M
-31.8M
-59.2M
-7.2M
-5.2M
-6.1M
12.3M
573K
-9.5M
-11.6M
6.9M
5.5M
15M
-24.2M
-9.2M
-10.2M
98.3M
-218.5M
-26.3M
(0.0)
(0.0)
(1.9M)
(501K)
(0.0)
(81K)
(138K)
(381K)
(37K)
(10K)
(0.0)
(0.0)
(0.0)
(0.0)
(13.1M)
(14M)
(20.6M)
(5.6M)
(38.9M)
(0.0)
2.9M
-1.3M
-24.3M
4.9M
1.1M
6.5M
2.2M
2.2M
3.2M
-593K
-25.2M
-14.7M
-15.8M
-12.9M
-31.5M
-3.6M
-539.1M
-327.1M
166.4M
85.3M
-3K
1.1M
-26.2M
-14.6M
-5.9M
1.7M
-759K
-10.1M
-19M
-15.6M
-32.8M
-14.6M
-41.8M
-46.7M
-76.1M
-69.9M
-666.3M
-462.5M
-99.3M
167.2M
INVESTING ACTIVITIES
-1.6M
-709K
-205K
(26.5M)
-830K
-213K
-212K
(0.0)
(4.5M)
-645K
-203K
(4.7M)
-1.1M
-170K
-1.3M
-1.5M
-2M
-3.9M
(0.0)
-43.4M
-29.2M
-18.9M
(1.2M)
(23.9M)
-12.6M
(2.2M)
-3.4M
(5M)
-8.3M
-3.6M
-10.3M
-5M
(9.8M)
(16.5M)
-100K
(293.8M)
(43.9M)
(43.9M)
-44.7M
-22.4M
(0.0)
-7.8M
-6.5M
-14.2M
-21.9M
-12.6M
-18.1M
-7.6M
-13.6M
-39.4M
-36.5M
-55.1M
-19.4M
-51.7M
-131.2M
-162.9M
-1.9B
-3B
-4.1B
-3.3B
0.0
10.5M
26.4M
9.8M
26.4M
14.6M
15.3M
13.8M
40.9M
33.6M
28.3M
38.7M
70.7M
81.3M
161.6M
220.3M
2.5B
3.6B
4.1B
3.3B
1.2M
0.0
-14.5M
55M
365K
0.0
0.0
8.8M
1M
1.3M
44.9M
-16.7M
62.2M
46.1M
31.8M
0.0
0.0
0.0
-21M
-115.8M
-29.6M
-16.8M
(6.5M)
(100.9M)
-8.6M
(4M)
-6.5M
(20M)
(24.6M)
-8.8M
(26.2M)
-16.7M
(60M)
(46M)
(29M)
(349.7M)
(636.3M)
(619.7M)
-141.5M
-163.2M
FINANCING ACTIVITIES
23.3M
5.7M
-3.2M
-396K
1.8M
-83K
0.0
0.0
-47K
10.4M
0.0
0.0
12.1M
132K
350K
848K
-27.1M
-5.1M
-7M
-13.2M
11.1M
13M
-43.9M
1M
-8.1M
13.9M
1.4M
-4.4M
1.9M
-1.2M
0.0
-14.4M
-12.5M
-4.1M
-8.3M
-124.2M
-8.4M
-34.8M
129.1M
0.0
-1M
-13K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-780K
(0.0)
(0.0)
-329K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.8M
-15.5M
-15.7M
-13M
-345K
-2.5M
-3.2M
-396K
(0.0)
-83K
-89K
-376K
(0.0)
-125K
-12.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-27.1M
-5.2M
-8.1M
-16.2M
-542K
-7.3M
7.1M
-38.6M
5.9M
-243K
-89K
302K
345K
0.0
-12.6M
14.8M
0.0
0.0
0.0
-65.4M
0.0
0.0
0.0
40.8M
32.7M
11.4M
-40M
-37.9M
-540K
13.6M
1.3M
-4.1M
2.2M
9.1M
-12.9M
6.8M
-437K
-3.9M
-7.9M
-188.8M
-37.3M
-213.2M
106.3M
14.6M
CASH FLOW SUMMARY
0.0
-27K
-42K
-1.1M
-2.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
62.2M
0.0
166.4M
0.0
3.1M
-4.4M
-59.7M
47.3M
-17.6M
19.3M
-5.9M
5.8M
7.8M
-15.2M
-19.5M
-24.6M
17.8M
-4.7M
-55.1M
91M
-5.2M
-56M
31.9M
18.7M
13.1M
17.5M
77.2M
29.9M
44.9M
25.7M
31.6M
43.9M
36.5M
51.7M
71.2M
98.6M
80.8M
85.5M
140.6M
49.6M
63.9M
161.6M
129.7M
111M
16.3M
13.1M
17.5M
77.2M
27.3M
44.9M
25.7M
49.7M
44.3M
36.5M
51.7M
74M
98.6M
80.8M
85.5M
140.6M
58.7M
105.7M
161.6M
129.7M
-1.6M
358K
-26.4M
11.9M
-6.7M
1.5M
-971K
-10.1M
-14.4M
-16.2M
-33M
-10M
-42.9M
-46.9M
-77.5M
-71.5M
-668.3M
-466.4M
-99.3M
123.9M

SEC Filings

KFS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

May 19, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 06, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

March 16, 2026
March 16, 2026
2026
8-K

8-K 2026

N/A

March 12, 2026
March 12, 2026
2026
10-K

10-K 2025 FY

FY

March 12, 2026
December 31, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 448 filings