Financial Statements

Kingsway Financial Services Inc. (KFS)

$5.35

-0.04 (-0.74%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -395-388-382-313-
Net Income 2-7-6-30-16
Stock Dividends -2---39-298
Dividend Paid -----
Retained Earnings -395-395-388-382-313

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 98102103108-
Annual Depreciation 14-4-1-5108
Capital Expenditure -1-0-0--
Net PPE 11198102103108

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -807582121
New Purchases -14-8-18-13-
Intangible and Goodwill 807582121110

Kingsway Financial Services Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Kingsway Financial Services Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.