KINS Q2 2023 Earnings — Kingstone Companies, Inc. Revenue & Financial Results | Market Cap Arena

KINSKingstone Companies, Inc.

$218M

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$37M+26.7% YoY

Gross Profit

$9M23.6% margin

Operating Income

-$563,424-1.5% margin

Net Income

-$522,017-1.4% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$212,288

Balance Sheet

Total Assets

$311M

Total Liabilities

$279M

Stockholders' Equity

$32M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$29M	+26.7%
Gross Profit	$9M	$2M	+370.5%
Operating Income	-$563,424	-$7M	+91.7%
Net Income	-$522,017	-$5M	+90.3%