OverviewSuggest Edit

Kingsway Financial Services operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. Kingsway conducts its business through the following three reportable segments: Insurance Underwriting, Insurance Services and Leased Real Estate.

TypePublic
Founded1989
HQToronto, CA
Websitekingsway-financial.com
Employee Ratings3.9

Locations

Kingsway Financial Services is headquartered in
Toronto, Canada

Location Map

Latest Updates

Employees (est.) (Dec 2018)122(-60%)
Revenue (FY, 2019)$59.9 M(+16%)
Share Price (Oct 2020)$3.1 (+2%)
Cybersecurity ratingBMore

Kingsway Financial Services Office Locations

Kingsway Financial Services has an office in Toronto
Toronto, CA (HQ)
400 45 St Clair Ave W
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Kingsway Financial Services Financials and Metrics

Kingsway Financial Services Revenue

Kingsway Financial Services's revenue was reported to be $59.95 m in FY, 2019
USD

Revenue (Q2, 2020)

13.9m

Net income (Q2, 2020)

(1.4m)

EBIT (Q2, 2020)

25.0k

Market capitalization (23-Oct-2020)

71.1m

Closing stock price (23-Oct-2020)

3.1

Cash (30-Jun-2020)

13.4m

EV

256.0m
Kingsway Financial Services's current market capitalization is $71.1 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

150.4m172.3m188.0m160.0m176.6m193.2m52.1m59.9m

Revenue growth, %

9%(15%)10%

Cost of goods sold

1.8m3.9m

Gross profit

170.4m184.1m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

36.7m39.7m34.8m33.6m43.9m45.5m49.2m50.6m45.5m39.1m43.7m38.6m36.9m41.1m45.8m46.7m44.9m52.0m13.3m15.2m16.4m14.7m13.9m

Cost of goods sold

856.0k937.0k1.5m663.0k1.4m

Gross profit

48.3m49.6m44.0m43.0m37.2m

Gross profit Margin, %

98%98%97%98%96%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

80.8m98.6m74.0m51.7m36.5m44.3m14.6m13.5m

Accounts Receivable

4.8m4.1m5.4m3.8m7.1m9.5m14.0m

Inventories

127.0m

PP&E

2.7m1.7m6.2m5.6m108.2m103.1m99.1m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

72.6m63.1m60.9m90.8m71.4m86.0m72.1m67.5m87.3m86.2m63.6m75.8m41.0m39.9m30.7m33.7m33.8m30.6m13.4m10.9m13.1m14.0m13.4m

Accounts Receivable

5.9m5.8m5.6m4.4m4.9m12.7m5.1m9.5m5.3m5.2m5.8m3.5m3.1m5.0m7.0m6.8m6.0m10.3m10.6m10.9m11.7m12.2m

Inventories

99.8m

PP&E

12.9m12.5m3.3m2.4m2.2m2.0m1.7m1.4m1.3m5.9m5.7m5.5m5.4m91.2m115.9m114.8m109.1m102.2m101.2m100.1m98.0m97.0m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(52.1m)(36.1m)(11.2m)1.3m522.0k(11.1m)(28.3m)(4.3m)

Depreciation and Amortization

3.0m3.8m1.8m1.8m2.8m5.6m6.7m6.9m

Cash From Operating Activities

(46.7m)(41.8m)(14.6m)(32.8m)(15.6m)(19.0m)(10.1m)(759.0k)

Purchases of PP&E

(170.0k)(1.1m)4.7m(203.0k)
USDQ1, 2012

Financial Leverage

3.5 x
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Kingsway Financial Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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Kingsway Financial Services Online and Social Media Presence

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Kingsway Financial Services Frequently Asked Questions

  • When was Kingsway Financial Services founded?

    Kingsway Financial Services was founded in 1989.

  • How many employees does Kingsway Financial Services have?

    Kingsway Financial Services has 122 employees.

  • What is Kingsway Financial Services revenue?

    Latest Kingsway Financial Services annual revenue is $59.9 m.

  • What is Kingsway Financial Services revenue per employee?

    Latest Kingsway Financial Services revenue per employee is $491.4 k.

  • Who are Kingsway Financial Services competitors?

    Competitors of Kingsway Financial Services include Elmira Savings Bank, Grupo Financiero Galicia and BancorpSouth.

  • Where is Kingsway Financial Services headquarters?

    Kingsway Financial Services headquarters is located at 400 45 St Clair Ave W, Toronto.

  • Where are Kingsway Financial Services offices?

    Kingsway Financial Services has an office in Toronto.

  • How many offices does Kingsway Financial Services have?

    Kingsway Financial Services has 1 office.