Professional
Added to YB: 2025-08-12
Pitch date: 2025-08-10
KFS [neutral]
Kingsway Financial Services Inc.
-5.28%
current return
Author Info
Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.
Company Info
Kingsway Financial Services Inc. through its subsidiaries, engages in the extended warranty and business services in the United States.
Market Cap
$365.7M
Pitch Price
$13.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
87.52
P/E
-28.83
EV/Sales
3.53
Sector
Insurance
Category
growth
Kingsway: 'Finally Time to Play Offense'
KFS (earnings update): KSX-focused investment platform growing rapidly with 11 acquisitions. Q2: 16.9% revenue growth to $30.9M, KSX +42.1% to $13.3M. $15.7M PIPE funds accelerating acquisitions from 2-3 to 3-5 annually. Key deals at 5-7.1x EBITDA multiples. Extended Warranty biz recovering. CEO: 'After years building foundation, time to play offense.'
Read full article (5 min)