Kingsway Financial Services Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 26.39 million compared to USD 22.46 million a year ago. Net income was USD 27.84 million compared to net loss of USD 2.65 million a year ago.

Basic earnings per share from continuing operations was USD 1.15. Diluted earnings per share from continuing operations was USD 1.05. Basic earnings per share was USD 1.15 compared to basic loss per share of USD 0.12 a year ago.

Diluted earnings per share was USD 1.05 compared to diluted loss per share of USD 0.12 a year ago.