earnings
confidence high
sentiment positive
materiality 0.80
Kingsway Q2 revenue up 17% to $30.9M, net loss widens to $3.2M; completes three acquisitions post-quarter
KINGSWAY FINANCIAL SERVICES INC
2025-Q2 EPS reported
-$0.26
revenue$59,268,000
- Consolidated revenue $30.9M (+16.9% YoY); net loss $3.2M vs $2.2M loss prior year.
- KSX revenue $13.3M (+42.1%); KSX adjusted EBITDA $2.4M (up from $1.8M).
- Extended Warranty revenue $17.6M (+3.1%) but adjusted EBITDA fell to $0.6M from $1.6M.
- Post-quarter acquisitions: Roundhouse ($22.4M, adds $16M revenue/$4.2M EBITDA), Advanced Plumbing ($5.0M max, $7M revenue/$0.7M EBITDA), Ravix/HR Team.
- Raised $15.7M PIPE at $11.75/sh; increased KSX deal target to 3-5 per year (was 2-3).