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Jun 30, 2024
Kingsway Financial Q2 2024 Earnings Report
Reported a slight increase in revenue and a net loss compared to the previous year.
Key Takeaways
Kingsway Financial Services reported a slight increase in consolidated revenue, driven by growth in both Extended Warranty and KSX segments. However, the company experienced a consolidated net loss, which was larger than the loss in the prior year period. The company is actively managing its acquisition pipeline and remains focused on growing its portfolio.
Consolidated revenue increased by 1.0% to $26.4 million.
Extended Warranty revenue increased by 0.4% to $17.1 million.
KSX revenue increased by 2.0% to $9.3 million.
Consolidated net loss was $2.2 million.
Kingsway Financial
Kingsway Financial
Kingsway Financial Revenue by Segment
Revenue by Segment
Extended Warranty Revenue
CapyFin.com