Professional
Added to YB: 2025-07-16
Pitch date: 2025-07-11
KFS [neutral]
Kingsway Corporation
-33.63%
current return
Author Info
No bio for this author
Company Info
Kingsway Corporation through its subsidiaries, engages in the extended warranty and business services in the United States.
Market Cap
$277.4M
Pitch Price
$14.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
38.46
P/E
-31.73
EV/Sales
2.29
Sector
Insurance
Category
special_situation
Alphyn Capital Management Portfolio Holding: Kingsway Financial Services Inc.
KFS (holding update): $400M market cap firm targeting 3-5 acquisitions yearly at 5-7x EBITDA. Mixed results: Ravix/SPI strong, CSuite difficult, Secure Nursing flat with margin pressure. Strategy: pricing changes, service expansion, bolt-on M&A to double profits in 3yrs. Recent $15.7M PIPE at $11.75 to accelerate acquisition pace. Volatility likely until proven.
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