Kingsway Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $8.3M | $5.5M | $9.1M | $64.2M | $10.1M | $14.4M | $13.5M | $14.6M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | $1.8M | $714.0K | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $6.4M | $1.6M | $1.9M | $773.0K | $1.1M | $95.0M | $99.1M | $103.1M |
| Goodwill | $69.1M | $56.5M | $50.4M | $45.5M | $49.3M | $121.1M | $82.1M | $74.7M |
| Intangible Assets (Excl. Goodwill) | $52.3M | $40.0M | $35.7M | $33.1M | $30.8M | $84.1M | $86.4M | $83.3M |
| Total Assets | $231.5M | $186.6M | $197.7M | $285.7M | $475.6M | $452.5M | $399.6M | $378.2M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $70.7M | $57.5M | $44.4M | $102.1M | $94.1M | $268.3M | $258.5M | $253.3M |
| Total Liabilities | $197.1M | $168.3M | $173.1M | $263.5M | $460.9M | $433.8M | $378.9M | $348.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-373.4M | $-361.5M | $-346.9M | $-370.4M | $-395.1M | $-394.8M | $-388.1M | $-382.2M |
| Total Stockholders' Equity | $15.2M | $8.4M | $27.7M | $15.7M | $-5.7M | $-2.0M | $874.0K | $12.5M |