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

by Index Investing News
March 19, 2025
in Stock Market
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Kingsway Financial Suppliers Inc. (NYSE:KFS) This autumn 2024 Earnings Conference Identify March 18, 2025 5:00 PM ET

Agency Members

James Carbonara – Investor Relations
John Fitzgerald – Chief Authorities Officer
Kent Hansen – Chief Financial Officer

Conference Identify Members

Operator

Good day, and welcome to the Kingsway Full Yr 2024 Earnings Identify. [Operator Instruction]. Please remember, this conference is being recorded.

With me on the choice are J.T. Fitzgerald, Chief Authorities Officer and Kent Hansen, Chief Financial Officer.

Sooner than we begin, I want to remind all people who at current’s conference would possibly embrace forward-looking statements. Forward-looking statements embody statements regarding the long term, along with anticipated revenue, working margins, payments and future enterprise outlook. Exact outcomes or developments could materially differ from these contemplated by these forward-looking statements. For a dialogue of such risks and uncertainties, which can set off exact outcomes to differ from these expressed or implied throughout the forward-looking statements, please see the hazard components detailed throughout the agency’s annual report on Sort 10-Okay and subsequent Varieties 10-Q and Varieties 8-Okay filed with the Securities and Commerce Payment. Please remember moreover that at current’s title would possibly embody the utilization of non-GAAP metrics that administration makes use of to research the company’s effectivity. A reconciliation of such non-GAAP metrics to most likely probably the most comparable GAAP measures is obtainable within the newest press launch as successfully throughout the agency’s periodic filings with the SEC.

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

John Fitzgerald

Thanks, John. Good afternoon, all people and welcome to the Kingsway earnings title for full 12 months 2024.

2024 was one different 12 months of significant progress in executing our firm method. We delivered financial outcomes largely in line with our expectations, effectively completed the acquisition of Image Choices, and divested our VA Lafayette subsidiary. On the an identical time, we made vital

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