{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-008042","form_type":"8-K","ticker":"KFS","cik":"0001072627","company_name":"KINGSWAY FINANCIAL SERVICES INC","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.872124+00:00","generated_at":"2026-05-24T15:06:17.748048+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kingsway FY2024 revenue +5.9% to $109.4M; net loss of $8.3M; acquires Bud's Plumbing","bullets":["Revenue grew 5.9% to $109.4M; net loss $8.3M vs prior year net income of $24.0M (incl $31.6M debt extinguishment gain).","Adjusted consolidated EBITDA rose to $10.6M from $9.1M; KSX segment adjusted EBITDA +14.9% to $6.6M.","Acquired Bud’s Plumbing for $5M cash plus $1.25M seller note; adds $6M annual revenue and $0.8M annual EBITDA, immediately accretive.","Repurchased 355,750 shares for $2.8M, exhausting buyback program; issued 240,000 shares of new Class C Preferred for $6M in Feb 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-008042","json":"https://secwatch.observer/filing/0001437749-25-008042.json","markdown":"https://secwatch.observer/filing/0001437749-25-008042.md","text":"https://secwatch.observer/filing/0001437749-25-008042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1072627/000143774925008042/0001437749-25-008042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1072627/000143774925008042/kfs20240927_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:06:17.748048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}