Recent Updates — KFS
Kingsway Corporation reported financial results for the three and six months ended June 30, 2026. Consolidated revenue increased 27.6% to $39.4 million, driven by a 68.3% surge in Kingsway Search Xcelerator (KSX) segment revenue to $22.3 million, while Extended Warranty revenue declined 3.1% to $17.1 million. Consolidated net income was $0.2 million, including a $1.3 million gain on the disposal of Trinity Warranty Solutions, compared to a net loss of $3.2 million in the prior year period. Adjusted EBITDA rose to $5.2 million from $1.7 million. The company reaffirmed its target of three to five acquisitions and double-digit organic growth for 2026. Kingsway Corporation is a publicly-traded US company employing the Search Fund model to acquire and build great businesses.