Kingsway Financial Services Soars in 2023 Earnings

Kingsway Financial Services (KFS) has released an update.

Kingsway Financial Services Inc. has reported a revenue increase of 11% to $103.2 million for the full year 2023 with a significant net income rise to $24 million, compared to $15.1 million in the previous year, highlighting a strong financial performance despite a decrease in Extended Warranty revenue. The company’s upcoming Investor Day is scheduled for May 20, 2024, at the New York Stock Exchange, promising insights into their future plans and developments.

For further insights into KFS stock, check out TipRanks’ Stock Analysis page.