Kingsway Financial Services Inc. (KFS)

American Integrity Insurance Group (NYSE: AII - Get Free Report) and Kingsway Financial Services (NYSE: KFS - Get Free Report) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their risk, dividends, valuation, institutional ownership, profitability, earnings and analyst recommendations. Valuation and Earnings This

KFS reports an increase in third-quarter 2025 revenues, driven by KSX and Extended Warranty, but adjusted EBITDA and net income decline.

Kingsway Financial Services Inc. ( KFS ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants John Fitzgerald - President, CEO & Director Kent Hansen - Executive VP & CFO Conference Call Participants Mitchell Weiman - Sumner Financial Advisors Inc Scott Miller - Greenhaven Road Investment Management, LP James Carbonara - Hayden Ir, LLC Presentation Operator Good day, and welcome to the Kingsway Third Quarter 2025 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

-- Revenue Growth of 37% to $37.2 Million -- -- KSX Revenue Growth of 104% to $19.0 Million -- -- Extended Warranty Revenue Growth of 2% to $18.2 Million; Extended Warranty Cash Sales up 14% -- -- KSX Represents a Majority of Revenue for First Time -- Management to Host Conference Call Today, November 6, 2025, at 5 p.m. ET CHICAGO, IL / ACCESS Newswire / November 6, 2025 / Kingsway Financial Services Inc.(NYSE:KFS)("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced its operating results for the three and nine months ended September 30, 2025.

CHICAGO, ILLINOIS / ACCESS Newswire / October 29, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that it will report financial results for the three months ended September 30, 2025, after the close of trading on Thursday, November 6, 2025. Conference Call Information Date: Thursday, November 6, 2025Time: 5 p.m.

CHICAGO, ILLINOIS / ACCESS Newswire / October 21, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that Colter Hanson has joined as the Company's newest Operator-in-Residence within the Kingsway Search Xcelerator Segment ("KSX"). "I am pleased to welcome Colter Hanson as the newest member of our KSX platform," said J.T.

Kingsway Search Xcelerator's 12th Acquisition Asset-light plumbing services business with recurring revenues and leading market position Purchase price of $5.625 million, plus a potential earn-out of up to $1.125 million, for a total maximum purchase price of $6.75 million Unaudited pro-forma annual revenue of $4.0 million Unaudited pro-forma annual adjusted EBITDA of $0.9 million New credit facility to support growth at Kingsway Skilled Trades CHICAGO, ILLINOIS / ACCESS Newswire / August 18, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the acquisition of Southside Plumbing, a leading provider of commercial and residential plumbing services located in Omaha, Nebraska. Southside Plumbing is the third business operated under the Kingsway Skilled Trades platform.

KFS' second-quarter 2025 revenues rose on KSX strength, but lower EBITDA and a wider net loss highlight mixed results.

Kingsway Financial Services Inc. (NYSE:KFS ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants John Taylor-Maloney Fitzgerald - President, CEO & Director Kent A. Hansen - Executive VP & CFO James Carbonara - Hayden IR Conference Call Participants Christian Solberg - Sun Mountain Partners Operator Good day, and welcome to the Kingsway Second Quarter 2025 Earnings Call.

Kingsway (KFS) Q2 Revenue Jumps 17%

Management to Host Conference Call Today, August 7, 2025, at 5 p.m. ET CHICAGO, ILLINOIS / ACCESS Newswire / August 7, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced its operating results for the three and six months ended June 30, 2025.

Kingsway Search Xcelerator's 11th Acquisition Asset-light outsourced human resources services business with recurring revenues Unaudited pro-forma annual adjusted EBITDA of $0.2 million CHICAGO, ILLINOIS / ACCESS Newswire / August 6, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that its wholly-owned subsidiary Ravix Group, Inc. ("Ravix"), has completed the strategic acquisition of The HR Team, Inc. ("The HR Team"), a specialized firm of human resources professionals based in the state of Maryland. The transaction enhances Ravix's ability to deliver comprehensive human resources ("HR") services as part of its Office of the CFO platform, and expands Ravix's capabilities in HR compliance, organizational development, and outsourced HR support services.

Kingsway Search Xcelerator's 10th Acquisition Asset-light plumbing services business with recurring revenues and leading market position Purchase price of $3.5 million, plus a potential earn-out of up to $1.5 million, for a total maximum purchase price of $5.0 million Unaudited pro-forma annual revenue of $7.0 million Unaudited pro-forma annual adjusted EBITDA of $0.7 million CHICAGO, IL / ACCESS Newswire / August 5, 2025 / Kingsway Financial Services Inc. (NYSE:KFS) ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the acquisition of AAA Flexible Pipe Cleaning Corp ("Advanced Plumbing and Drain"), a leading commercial and residential plumbing services business located in Cleveland, Ohio. Advanced Plumbing and Drain is the second business operated under the Kingsway Skilled Trades platform.

CHICAGO, ILLINOIS / ACCESS Newswire / July 29, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that it will report financial results for the three months ended June 30, 2025, after the close of trading on Thursday, August 7, 2025. Conference Call Information Date: Thursday, August 7, 2025Time: 5 p.m.

KSX Search Xcelerator's 9th Acquisition Asset-light industrial equipment services business with recurring revenues and strong growth prospects Purchase price of $22.4 million Trailing 12-month unaudited revenue of $16.0 million Trailing 12-month unaudited adjusted EBITDA of $4.2 million CHICAGO, IL / ACCESS Newswire / July 2, 2025 / Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the acquisition of Roundhouse Electric & Equipment Co., Inc. ("Roundhouse"), a leading provider of industrial-scale electric motor maintenance, repair, testing, and sales solutions based in Odessa, Texas, for a purchase price of $22.4 million, plus transaction expenses and a working capital adjustment. Roundhouse provides mission-critical services, including field maintenance and testing as well as in-shop motor repair, primarily to midstream natural gas pipeline operators and utilities across the Permian Basin.

KSX Guidance Increased From 2-3 Acquisitions Per Year To 3-5 Acquisitions Per Year CHICAGO, IL / ACCESS Newswire / June 24, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the closing of a $15.7 million private placement ("PIPE") of 1,336,264 shares of its common stock at a price of $11.75 per share. "It's time to play offense," said JT Fitzgerald, Kingsway's President and CEO.