Kingsway Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $44.6M | $176.6M | $160.0M | $158.2M | $172.3M | $159.6M | $228.5M |
| Cost of Revenue | — | — | — | $3.9M | $1.8M | $0 | — |
| Gross Profit | — | — | — | $154.3M | $170.4M | $159.6M | — |
| Gross Margin | — | — | — | 97.5% | 98.9% | 100.0% | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $27.3M | $41.6M | $41.8M | $41.6M | $79.8M | $73.9M | $77.9M |
| Operating Income | $6.8M | $-7.1M | $-1.8M | $1.5M | $-13.5M | $-24.6M | $-18.8M |
| Operating Margin | 15.2% | -4.0% | -1.1% | 0.9% | -7.8% | -15.4% | -8.2% |
| Interest Expense | $6.3M | $4.5M | $5.3M | $5.6M | $7.3M | $7.6M | $7.5M |
| Pretax Income | $-12.5M | $-10.5M | $-11.3M | $-15.9M | $-43.4M | $-50.3M | $-26.2M |
| Income Tax Expense | $-16.7M | $-9.7M | $93.0K | $-1.2M | $-67.0K | $3.0M | $-169.0K |
| Net Income | $-16.9M | $522.0K | $1.3M | $-12.8M | $-36.9M | $-52.1M | $-20.1M |
| Net Margin | -38.0% | 0.3% | 0.8% | -8.1% | -21.4% | -32.6% | -8.8% |
| EPS (Basic) | $-0.79 | $0.01 | $0.04 | $-0.75 | $-2.61 | $-4.05 | $-2.09 |
| EPS (Diluted) | $-0.79 | $0.01 | $0.04 | $-0.75 | $-2.61 | $-4.05 | $-2.09 |
| Shares Outstanding (Basic) | 21.5M | 20.0M | 19.7M | 17.4M | 14.1M | 13.1M | 13.1M |
| Shares Outstanding (Diluted) | 21.5M | 20.0M | 19.7M | 17.4M | 14.1M | 13.1M | 13.1M |
| Dividends Per Share | — | — | — | — | — | — | — |