KINGSWAY Corp
KWY NYSE· Fire, Marine & Casualty Insurance
Last close · Oct 23, 2026
$9.91
KIRA · Stoqly’s AI analyst, in plain words
- KINGSWAY Corp had $135M of revenue in fiscal 2025, up 23.4% on the year before. Over five years, revenue changed +17.2% a year on average.
- Its operating margin was −1.8%, down 3.8 pts: of every 100 in sales, about −2 is left after running the business.
- KINGSWAY Corp lost $10.3M in fiscal 2025.
- KINGSWAY Corp returned $0.3M to shareholders in fiscal 2025. The diluted share count rose 2.5%.
- KINGSWAY Corp owes $62.2M more than it holds in cash, about 9.1 years of operating profit.
Market cap
$284M
P/E
—
Revenue
$135M
Net income
−$10.3M
Free cash flow
—
Operating margin
−1.8%
KINGSWAY Corp in 30 seconds · fiscal 2025
Are sales growing?
+23.4%
Yes. Sales grew 23.4% last year.
Does it make a profit?
−7.6%
No. It lost money last year.
Is debt under control?
9.1x
Heavy. Repaying its debt would take 9.1 years of operating profit.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What KINGSWAY Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 12, 2026
- Legal name
- KINGSWAY Corp
- CIK
- 0001072627
KINGSWAY Corp · KWY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $78.4M | $93.3M | $103M | $109M | $135M |
| Revenue growth | 28.6% | 19.0% | 10.7% | 5.9% | 23.4% |
| Operating margin | −0.6% | −3.8% | 0.9% | 2.0% | −1.8% |
| Net income | $1.9M | $15.1M | $24.0M | −$8.3M | −$10.3M |
| Net margin | 2.4% | 16.2% | 23.3% | −7.6% | −7.6% |
| Diluted EPS | −$0.04 | $0.98 | $0.89 | −$0.35 | −$0.43 |
| Cash | |||||
| Cash from operations | −$5.9M | −$14.6M | −$26.2M | $1.1M | −$0.0M |
| Capital expenditure | $0.8M | — | — | — | — |
| Free cash flow | −$6.7M | — | — | — | — |
| FCF margin | −8.6% | — | — | — | — |
| Share buybacks | — | $0.0M | $3.2M | $2.5M | $0.3M |
| Share count change | 1.6% | 12.3% | 4.5% | 2.8% | 2.5% |
| Debt and strength | |||||
| Cash and short-term investments | $10.2M | $64.3M | $9.3M | $5.7M | $8.5M |
| Debt incl. finance leases | $94.1M | $102M | $44.4M | $57.5M | $70.7M |
| Shareholders' equity | −$5.7M | $15.7M | $27.7M | $8.4M | $15.2M |
| Net debt / EBITDA | 18.3x | 13.1x | 4.9x | 5.7x | 9.1x |
| Current ratio | — | — | — | — | 0.9x |
| Interest coverage | −0.1x | −0.4x | 0.2x | 0.5x | −0.4x |
| Returns and quality | |||||
| Return on capital | −0.5% | −5.8% | 1.5% | 2.8% | −2.4% |
| Return on equity | — | 302.9% | 110.7% | −45.9% | −86.9% |
| Piotroski F-score | 4 | 3 | 4 | 3 | 3 |
| Altman Z'' | — | — | — | — | −5.4 |
Insiders bought, 12 months
$0.3M
3 insiders
Insiders sold, 12 months
$4.0M
6 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
KINGSWAY Corp · KWY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $9.91 a share, the company is worth $284M.
Source: SEC EDGAR XBRL filings (CIK 0001072627). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.