{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-033603","form_type":"8-K","ticker":"KFS","cik":"0001072627","company_name":"KINGSWAY FINANCIAL SERVICES INC","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.727193+00:00","generated_at":"2026-05-16T23:20:36.112324+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kingsway Q3 revenue up 37% to $37.2M; KSX segment becomes majority of revenue for first time","bullets":["Consolidated revenue $37.2M (+37% YoY); net loss $2.4M vs $2.3M in prior-year quarter.","KSX revenue surged 104% to $19.0M; Extended Warranty revenue up 2% to $18.2M.","Adjusted EBITDA $2.1M (down $0.9M YoY) as Extended Warranty margin compressed due to growth costs.","Acquired Roundhouse Electric ($22.4M), Advanced Plumbing ($3.5M + earn-out), Southside Plumbing (80% for $5.625M) in Q3.","KSX run-rate adjusted EBITDA $15.5–16.5M; Extended Warranty run-rate adjusted EBITDA $5.0–6.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-033603","json":"https://secwatch.observer/filing/0001437749-25-033603.json","markdown":"https://secwatch.observer/filing/0001437749-25-033603.md","text":"https://secwatch.observer/filing/0001437749-25-033603.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1072627/000143774925033603/0001437749-25-033603-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1072627/000143774925033603/kfs20250825_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:20:36.112324+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"}