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Stock impact report

Kingsway Financial Services Inc. Reports 11% Revenue Growth in Full Year 2023 [Yahoo! Finance]

Kingsway Financial Services, Inc. (DE) (KFS) 
Company Research Source: Yahoo! Finance
Net Income : GAAP Net Income for the year stood at $24.012 million, a significant increase from the previous year's $15.065 million. Adjusted EBITDA : Non-GAAP Adjusted EBITDA was $9.098 million for the full year, compared to $11.129 million in the prior year. Acquisitions : KFS completed the acquisitions of Systems Products International, Inc. (SPI) and Digital Diagnostics Imaging, Inc. (DDI), enhancing the KSX business portfolio. Challenges : The Extended Warranty segment faced headwinds due to macro-economic conditions, although claims severity began to moderate by year-end. Investor Day : KFS will host an Investor Day at the New York Stock Exchange on May 20, 2024, following their Annual General Meeting. Warning! GuruFocus has detected 7 Warning Signs with KFS. On March 5, 2024, Kingsway Financial Services Inc. ( NYSE:KFS ) released its 8-K filing , announcing its financial results for the full year ended December 31, 2023. The company, which operates through its subs Show less Read more
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