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Kingsway Monetary Providers Inc. (KFS) This autumn 2024 Earnings Name Transcript

by Index Investing News
March 19, 2025
in Stocks
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Kingsway Monetary Providers Inc. (NYSE:KFS) This autumn 2024 Earnings Convention Name March 18, 2025 5:00 PM ET

Firm Members

James Carbonara – Investor Relations
John Fitzgerald – Chief Government Officer
Kent Hansen – Chief Monetary Officer

Convention Name Members

Operator

Good day, and welcome to the Kingsway Full Yr 2024 Earnings Name. [Operator Instruction]. Please be aware, this convention is being recorded.

With me on the decision are J.T. Fitzgerald, Chief Government Officer and Kent Hansen, Chief Monetary Officer.

Earlier than we start, I wish to remind all people that at present’s convention might include forward-looking statements. Ahead-looking statements embody statements concerning the longer term, together with anticipated income, working margins, bills and future enterprise outlook. Precise outcomes or developments may materially differ from these contemplated by these forward-looking statements. For a dialogue of such dangers and uncertainties, which may trigger precise outcomes to vary from these expressed or implied within the forward-looking statements, please see the danger elements detailed within the firm’s annual report on Kind 10-Ok and subsequent Kinds 10-Q and Kinds 8-Ok filed with the Securities and Trade Fee. Please be aware additionally that at present’s name might embody the usage of non-GAAP metrics that administration makes use of to investigate the corporate’s efficiency. A reconciliation of such non-GAAP metrics to probably the most comparable GAAP measures is offered in the latest press launch as effectively within the firm’s periodic filings with the SEC.

Now I wish to flip the decision over to J.T. Fitzgerald, CEO of Kingsway. J.T., please proceed.

John Fitzgerald

Thanks, John. Good afternoon, everybody and welcome to the Kingsway earnings name for full 12 months 2024.

2024 was one other 12 months of serious progress in executing our company technique. We delivered monetary outcomes largely in step with our expectations, efficiently accomplished the acquisition of Picture Options, and divested our VA Lafayette subsidiary. On the identical time, we made significant



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