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Sep 30, 2024
Kingsway Financial Q3 2024 Earnings Report
Reported a consolidated revenue increase and a net loss, while completing the purchase of Image Solutions.
Key Takeaways
Kingsway Financial Services reported a 9.5% increase in consolidated revenue, reaching $27.1 million for Q3 2024. However, the company experienced a net loss of $2.3 million. The company completed the acquisition of Image Solutions and saw revenue increases in both its Extended Warranty and KSX segments.
Consolidated revenue increased by 9.5% to $27.1 million.
Extended Warranty revenue increased by 3.4% to $17.8 million.
KSX revenue increased by 23.3% to $9.3 million.
Consolidated net loss was $2.3 million.