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KFS / Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)
The company has announced two acquisitions over the past two months, the first ones under its KSx program since November 2022. While they were made at higher multiples than before, Kingsway's EV/EBITDA ratio should improve. Kingsway now has an adjusted EBITDA run-rate of around $20 million, and I think the company should be trading at above 12x EV/EBITDA. Read More
Posted: Oct 25 2023, 21:51
Author Name: Seeking Alpha
Views: 112297

KFS News  

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

By Seeking Alpha
October 25, 2023

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

The company has announced two acquisitions over the past two months, the first ones under its KSx program since November 2022. While they were made at more_horizontal

Kingsway Financial Services Inc. (KFS) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 12, 2023

Kingsway Financial Services Inc. (KFS) Q2 2023 Earnings Call Transcript

Kingsway Financial Services Inc. (NYSE:KFS ) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants J.T. Fitzgerald - Chief Ex more_horizontal

Kingsway to Present at The LD Micro Investor Conference in Los Angeles on June 7, 2023, at 4:00pm Pacific Time

By Newsfile Corp
May 22, 2023

Kingsway to Present at The LD Micro Investor Conference in Los Angeles on June 7, 2023, at 4:00pm Pacific Time

Chicago, Illinois--(Newsfile Corp. - May 22, 2023) - Kingsway Financial Services Inc. (NYSE: KFS) ("Kingsway" or the "Company") today announced that more_horizontal

Kingsway Financial Services Inc. (KFS) Q1 2023 Earnings Call Transcript

By Seeking Alpha
May 12, 2023

Kingsway Financial Services Inc. (KFS) Q1 2023 Earnings Call Transcript

Kingsway Financial Services Inc. (NYSE:KFS ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants J.T. Fitzgerald - Chief Execu more_horizontal

Kingsway Financial Services Inc. (KFS) Q4 2022 Earnings Call Transcript

By Seeking Alpha
March 10, 2023

Kingsway Financial Services Inc. (KFS) Q4 2022 Earnings Call Transcript

Kingsway Financial Services Inc. (NYSE:KFS ) Q4 2022 Results Conference Call March 8, 2023 5:00 PM ET Company Participants J.T. Fitzgerald - CEO Kent more_horizontal

Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO

By Seeking Alpha
January 30, 2023

Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO

Kingsway is an undiscovered long-term compounder. EBITDA has grown at a 40%+ CAGR since 2018. more_horizontal

Kingsway Financial Services Inc. (KFS) CEO John Fitzgerald on Q3 2022 Results - Earnings Call Transcript

By Seeking Alpha
November 13, 2022

Kingsway Financial Services Inc. (KFS) CEO John Fitzgerald on Q3 2022 Results - Earnings Call Transcript

Kingsway Financial Services Inc. (NYSE:KFS ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants John Fitzgerald - Chie more_horizontal


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