Kestrel Group Ltd
KG Nasdaq Fire, Marine & Casualty Insurance Financials FY2024–FY2025
What Kestrel Group Ltd does
No business description yet.
- Legal name
- Kestrel Group Ltd
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 13, 2026
- Accession · CIK
- 0001628280-26-017506
0002055116
Revenue and margins
Kestrel Group Ltd had $34.0M of revenue in fiscal 2025, up 785.1% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Kestrel Group Ltd returned $40.0M to shareholders in fiscal 2025. The diluted share count rose 108.4%.
Balance sheet
Cash, debt and the ratios that show how comfortably Kestrel Group Ltd can carry it.
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Cash and short-term investments | $4.3M | $20.0M |
| Debt incl. finance leases | $0.0M | $174M |
| Debt / equity | 0.0x | 1.4x |
| Total assets | $5.5M | $1.0B |
| Total liabilities | $0.9M | $882M |
| Shareholders' equity | $4.6M | $128M |
| Net debt (− = net cash) | −$4.3M | $154M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | ✕ | ✓ |
| Cash from operations is positive | ✕ | ✕ |
| Return on assets rose | — | ✓ |
| Cash from operations exceeds net income | ✓ | ✕ |
| Debt fell relative to assets | — | ✕ |
| Current ratio rose | — | — |
| Share count didn't rise | — | ✕ |
| Gross margin rose | — | — |
| Revenue rose relative to assets | — | ✕ |
| F-score | — / 3 | 2 / 7 |
| Accruals ratio | −0.4% | 28.1% |
| Altman Z'' | — | — |
2 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $3.8M | $34.0M |
| Pretax income | −$1.3M | $49.6M |
| Income tax | $0.0M | $0.1M |
| Net income | −$1.3M | $46.7M |
| Net income to common | −$1.3M | $46.3M |
| Diluted EPS | −$0.47 | $8.08 |
| Diluted shares | 0.00B | 0.01B |
| Cash flow | ||
| Cash from operations | −$1.3M | −$96.1M |
| Depreciation and amortization | $0.0M | $0.1M |
| Stock-based compensation | $0.1M | $0.9M |
| Dividends paid | $0.0M | $40.0M |
| Dividends and buybacks | $0.0M | $40.0M |
| Balance sheet | ||
| Cash and short-term investments | $4.3M | $20.0M |
| Total debt | $0.0M | $174M |
| Property and equipment, net | $0.0M | $0.7M |
| Total assets | $5.5M | $1.0B |
| Total liabilities | $0.9M | $882M |
| Shareholders' equity | $4.6M | $128M |
| Margins | ||
| Net margin | −33.6% | 137.2% |
| Returns | ||
| Return on equity | −28.0% | 70.3% |
| Return on assets | −23.4% | 9.2% |
| Return on tangible equity | −28.0% | 36.1% |
| Growth | ||
| Revenue growth | — | 785.1% |
| Share count change | — | 108.4% |
| Financial health | ||
| Debt / equity | 0.0x | 1.4x |
| Capital allocation | ||
| Stock comp / revenue | 1.6% | 2.6% |
| Quality scores | ||
| Piotroski F-score | — | 2.0 |
| Accruals ratio | −0.4% | 28.1% |
Source: SEC EDGAR XBRL filings (CIK 0002055116). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.