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Side-by-side financial comparison of Gorilla Technology Group Inc. (GRRR) and KINGSWAY FINANCIAL SERVICES INC (KFS). Click either name above to swap in a different company.

Gorilla Technology Group Inc. is the larger business by last-quarter revenue ($39.3M vs $38.6M, roughly 1.0× KINGSWAY FINANCIAL SERVICES INC). KINGSWAY FINANCIAL SERVICES INC runs the higher net margin — -4.1% vs -21.6%, a 17.5% gap on every dollar of revenue. On growth, Gorilla Technology Group Inc. posted the faster year-over-year revenue change (90.2% vs 30.1%).

Gorilla Technology Group Inc. is a global AI technology solutions provider specializing in intelligent video analytics, smart city platforms, and cybersecurity products. It caters to government agencies, enterprise clients, and commercial partners across Asia Pacific, North America, and Europe, delivering scalable tools to boost operational efficiency and security for diverse industry use cases.

Kingsway Financial Services Inc. is a specialty financial holding firm that primarily offers property and casualty insurance products, including personal auto, commercial liability and property coverage. It operates mainly across North American markets, catering to individual consumers, small business owners and niche commercial client segments.

GRRR vs KFS — Head-to-Head

Bigger by revenue
GRRR
GRRR
1.0× larger
GRRR
$39.3M
$38.6M
KFS
Growing faster (revenue YoY)
GRRR
GRRR
+60.1% gap
GRRR
90.2%
30.1%
KFS
Higher net margin
KFS
KFS
17.5% more per $
KFS
-4.1%
-21.6%
GRRR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GRRR
GRRR
KFS
KFS
Revenue
$39.3M
$38.6M
Net Profit
$-8.5M
$-1.6M
Gross Margin
34.2%
Operating Margin
-23.1%
0.8%
Net Margin
-21.6%
-4.1%
Revenue YoY
90.2%
30.1%
Net Profit YoY
-627.6%
-7.8%
EPS (diluted)
$-0.43
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRRR
GRRR
KFS
KFS
Q4 25
$38.6M
Q3 25
$37.2M
Q2 25
$39.3M
$30.9M
Q1 25
$28.3M
Q4 24
$29.6M
Q3 24
$27.1M
Q2 24
$20.7M
$26.4M
Q1 24
$26.2M
Net Profit
GRRR
GRRR
KFS
KFS
Q4 25
$-1.6M
Q3 25
$-2.4M
Q2 25
$-8.5M
$-3.2M
Q1 25
$-3.1M
Q4 24
$-1.5M
Q3 24
$-2.3M
Q2 24
$1.6M
$-2.2M
Q1 24
$-2.3M
Gross Margin
GRRR
GRRR
KFS
KFS
Q4 25
Q3 25
Q2 25
34.2%
Q1 25
Q4 24
Q3 24
Q2 24
85.5%
Q1 24
Operating Margin
GRRR
GRRR
KFS
KFS
Q4 25
0.8%
Q3 25
-2.3%
Q2 25
-23.1%
-3.6%
Q1 25
-2.5%
Q4 24
6.5%
Q3 24
-2.5%
Q2 24
8.6%
0.5%
Q1 24
2.9%
Net Margin
GRRR
GRRR
KFS
KFS
Q4 25
-4.1%
Q3 25
-6.5%
Q2 25
-21.6%
-10.2%
Q1 25
-10.9%
Q4 24
-5.0%
Q3 24
-8.5%
Q2 24
7.8%
-8.3%
Q1 24
-8.9%
EPS (diluted)
GRRR
GRRR
KFS
KFS
Q4 25
$-0.07
Q3 25
$-0.10
Q2 25
$-0.43
$-0.13
Q1 25
$-0.13
Q4 24
$-0.08
Q3 24
$-0.10
Q2 24
$0.15
$-0.08
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRRR
GRRR
KFS
KFS
Cash + ST InvestmentsLiquidity on hand
$10.1M
$8.5M
Total DebtLower is stronger
$70.7M
Stockholders' EquityBook value
$98.2M
$15.2M
Total Assets
$162.7M
$231.5M
Debt / EquityLower = less leverage
4.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRRR
GRRR
KFS
KFS
Q4 25
$8.5M
Q3 25
$9.5M
Q2 25
$10.1M
$12.3M
Q1 25
$6.5M
Q4 24
$5.7M
Q3 24
$6.7M
Q2 24
$11.2M
$9.8M
Q1 24
$12.3M
Total Debt
GRRR
GRRR
KFS
KFS
Q4 25
$70.7M
Q3 25
$70.7M
Q2 25
$58.3M
Q1 25
$59.5M
Q4 24
$57.5M
Q3 24
$58.5M
Q2 24
$7.4M
$47.3M
Q1 24
$47.1M
Stockholders' Equity
GRRR
GRRR
KFS
KFS
Q4 25
$15.2M
Q3 25
$16.6M
Q2 25
$98.2M
$17.4M
Q1 25
$5.5M
Q4 24
$8.4M
Q3 24
$9.9M
Q2 24
$72.1M
$20.7M
Q1 24
$23.6M
Total Assets
GRRR
GRRR
KFS
KFS
Q4 25
$231.5M
Q3 25
$235.1M
Q2 25
$162.7M
$207.7M
Q1 25
$192.1M
Q4 24
$186.6M
Q3 24
$191.1M
Q2 24
$133.1M
$192.3M
Q1 24
$198.0M
Debt / Equity
GRRR
GRRR
KFS
KFS
Q4 25
4.66×
Q3 25
4.25×
Q2 25
3.34×
Q1 25
10.91×
Q4 24
6.84×
Q3 24
5.88×
Q2 24
0.10×
2.29×
Q1 24
2.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRRR
GRRR
KFS
KFS
Operating Cash FlowLast quarter
$-12.5M
$-3.0K
Free Cash FlowOCF − Capex
$-12.8M
FCF MarginFCF / Revenue
-32.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRRR
GRRR
KFS
KFS
Q4 25
$-3.0K
Q3 25
$1.5M
Q2 25
$-12.5M
$337.0K
Q1 25
$-1.8M
Q4 24
$1.1M
Q3 24
$368.0K
Q2 24
$-11.3M
$557.0K
Q1 24
$249.0K
Free Cash Flow
GRRR
GRRR
KFS
KFS
Q4 25
Q3 25
$1.3M
Q2 25
$-12.8M
Q1 25
Q4 24
Q3 24
Q2 24
$-11.6M
Q1 24
FCF Margin
GRRR
GRRR
KFS
KFS
Q4 25
Q3 25
3.4%
Q2 25
-32.7%
Q1 25
Q4 24
Q3 24
Q2 24
-56.2%
Q1 24
Capex Intensity
GRRR
GRRR
KFS
KFS
Q4 25
Q3 25
0.5%
Q2 25
0.8%
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
1.8%
Q1 24
Cash Conversion
GRRR
GRRR
KFS
KFS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-6.99×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRRR
GRRR

Segment breakdown not available.

KFS
KFS

Other$14.8M38%
Roundhouse Electric Equipment Co Inc$9.7M25%
MLC Plumbing LLC$5.7M15%
Systems Products International Incspi$3.8M10%
Advanced Plumbing And Drain$2.9M8%
Southside Plumbing$1.7M4%

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