Kingsway Financial Services Reports Strong Q3 2024 Earnings Growth

a productive quarter with significant developments. Our revenue for Q3 2024 increased by 12% compared to the same period last year, driven by strong performance across our insurance and finance segments. Our operating margins improved due to strategic cost management and operational efficiencies.

We are pleased to report a net income increase of 15%, reflecting our focus on profitability and sustainable growth. Our insurance segment continues to perform well, contributing significantly to our overall success. Additionally, our finance segment has shown robust growth, enhancing our revenue streams.

Looking forward, we remain optimistic about our business outlook. We are committed to enhancing shareholder value through strategic investments and operational improvements. Our focus remains on expanding our market presence and delivering consistent financial performance.

We appreciate the continued support of our investors and stakeholders as we work towards achieving our long-term goals. Thank you for joining us today, and we look forward to updating you on our progress in the coming quarters.

Kent Hansen

Thank you, J.T. I would like to highlight our financial achievements this quarter. Our disciplined approach to cost management has yielded positive results, and we continue to prioritize efficiency in all our operations. Our balance sheet remains strong, providing us with the flexibility to pursue growth opportunities.

We are confident in our ability to navigate the current economic environment and remain focused on delivering value to our shareholders. Our team is dedicated to maintaining the momentum we have built and driving further success in the future.

Thank you for your attention, and we are now ready to take your questions.