Kingsway Financial Services Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 24.79 million compared to USD 22.4 million a year ago. Net loss was USD 1.03 million compared to net income of USD 38.34 million a year ago. Basic loss per share from continuing operations was USD 0.04. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 1.56 a year ago. Basic loss per share was USD 0.04 compared to basic earnings per share of USD 1.67 a year ago. Diluted loss per share was USD 0.04 compared to diluted earnings per share of USD 1.49 a year ago.
For the nine months, revenue was USD 77.38 million compared to USD 68.44 million a year ago. Net income was USD 25.38 million compared to USD 33.02 million a year ago. Basic earnings per share from continuing operations was USD 0.99. Diluted earnings per share from continuing operations was USD 0.96. Basic earnings per share was USD 1 compared to USD 1.43 a year ago. Diluted earnings per share was USD 0.97 compared to USD 1.32 a year ago.