Significant Revenue Growth
Revenues were up 37% year-over-year, with the KSX segment achieving revenue growth of 104% and adjusted EBITDA growth of 90%.
Successful Acquisitions
Kingsway completed four acquisitions during the quarter, including Southside Plumbing, marking the third addition under the Kingsway Skilled Trades platform in 2025.
Extended Warranty Segment Performance
The Extended Warranty segment produced top line revenue growth of 2% with resilient cash flow, and cash sales accelerated from up 9.2% year-over-year in Q2 to up 14.2% year-over-year in Q3.
Strong Cash Position and Managing Debt
The company's cash position increased to $9.3 million, up from $5.5 million at year-end 2024, despite an increase in net debt due to recent acquisitions.
Positive Business Momentum
Roundhouse and Kingsway Skilled Trades have performed well since acquisition, and Image Solutions saw sequential EBITDA growth.