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KINGSWAY FINANCIAL SERVICES INC（KFS）与ARS Pharmaceuticals, Inc.（SPRY）财务数据对比。点击上方公司名可切换其他公司
KINGSWAY FINANCIAL SERVICES INC的季度营收约是ARS Pharmaceuticals, Inc.的1.4倍（$38.6M vs $28.1M），KINGSWAY FINANCIAL SERVICES INC净利率更高（-4.1% vs -147.1%，领先143.0%），KINGSWAY FINANCIAL SERVICES INC同比增速更快（30.1% vs -67.6%）
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
ARS Pharmaceuticals是一家处于后期研发阶段的生物制药企业，专注于开发和商业化严重过敏反应创新疗法，核心产品为无需注射的肾上腺素鼻腔递送制剂，主要面向北美市场，服务存在致命过敏风险的成人及儿童患者群体。
KFS vs SPRY — 直观对比
营收规模更大
KFS
是对方的1.4倍
$28.1M
营收增速更快
KFS
高出97.6%
-67.6%
净利率更高
KFS
高出143.0%
-147.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $38.6M | $28.1M |
| 净利润 | $-1.6M | $-41.3M |
| 毛利率 | — | — |
| 营业利润率 | 0.8% | -147.6% |
| 净利率 | -4.1% | -147.1% |
| 营收同比 | 30.1% | -67.6% |
| 净利润同比 | -7.8% | -182.8% |
| 每股收益（稀释后） | $-0.07 | $-0.41 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KFSSPRY
| Q4 25 | $38.6M | $28.1M | ||
| Q3 25 | $37.2M | $32.5M | ||
| Q2 25 | $30.9M | $15.7M | ||
| Q1 25 | $28.3M | $8.0M | ||
| Q4 24 | $29.6M | $86.6M | ||
| Q3 24 | $27.1M | $2.1M | ||
| Q2 24 | $26.4M | $500.0K | ||
| Q1 24 | $26.2M | $0 |
净利润KFSSPRY
| Q4 25 | $-1.6M | $-41.3M | ||
| Q3 25 | $-2.4M | $-51.2M | ||
| Q2 25 | $-3.2M | $-44.9M | ||
| Q1 25 | $-3.1M | $-33.9M | ||
| Q4 24 | $-1.5M | $49.9M | ||
| Q3 24 | $-2.3M | $-19.1M | ||
| Q2 24 | $-2.2M | $-12.5M | ||
| Q1 24 | $-2.3M | $-10.3M |
营业利润率KFSSPRY
| Q4 25 | 0.8% | -147.6% | ||
| Q3 25 | -2.3% | -163.7% | ||
| Q2 25 | -3.6% | -302.9% | ||
| Q1 25 | -2.5% | -466.3% | ||
| Q4 24 | 6.5% | 54.5% | ||
| Q3 24 | -2.5% | -1051.6% | ||
| Q2 24 | 0.5% | -3068.0% | ||
| Q1 24 | 2.9% | — |
净利率KFSSPRY
| Q4 25 | -4.1% | -147.1% | ||
| Q3 25 | -6.5% | -157.4% | ||
| Q2 25 | -10.2% | -285.6% | ||
| Q1 25 | -10.9% | -425.7% | ||
| Q4 24 | -5.0% | 57.7% | ||
| Q3 24 | -8.5% | -925.0% | ||
| Q2 24 | -8.3% | -2503.2% | ||
| Q1 24 | -8.9% | — |
每股收益（稀释后）KFSSPRY
| Q4 25 | $-0.07 | $-0.41 | ||
| Q3 25 | $-0.10 | $-0.52 | ||
| Q2 25 | $-0.13 | $-0.46 | ||
| Q1 25 | $-0.13 | $-0.35 | ||
| Q4 24 | $-0.08 | $0.52 | ||
| Q3 24 | $-0.10 | $-0.20 | ||
| Q2 24 | $-0.08 | $-0.13 | ||
| Q1 24 | $-0.09 | $-0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.5M | $245.0M |
| 总债务越低越好 | $70.7M | $96.4M |
| 股东权益账面价值 | $15.2M | $114.3M |
| 总资产 | $231.5M | $327.7M |
| 负债/权益比越低杠杆越低 | 4.66× | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资KFSSPRY
| Q4 25 | $8.5M | $245.0M | ||
| Q3 25 | $9.5M | $288.2M | ||
| Q2 25 | $12.3M | $240.1M | ||
| Q1 25 | $6.5M | $275.7M | ||
| Q4 24 | $5.7M | $314.0M | ||
| Q3 24 | $6.7M | $204.6M | ||
| Q2 24 | $9.8M | $218.7M | ||
| Q1 24 | $12.3M | $223.6M |
总债务KFSSPRY
| Q4 25 | $70.7M | $96.4M | ||
| Q3 25 | $70.7M | $96.2M | ||
| Q2 25 | $58.3M | — | ||
| Q1 25 | $59.5M | — | ||
| Q4 24 | $57.5M | $0 | ||
| Q3 24 | $58.5M | — | ||
| Q2 24 | $47.3M | — | ||
| Q1 24 | $47.1M | — |
股东权益KFSSPRY
| Q4 25 | $15.2M | $114.3M | ||
| Q3 25 | $16.6M | $147.7M | ||
| Q2 25 | $17.4M | $192.3M | ||
| Q1 25 | $5.5M | $229.0M | ||
| Q4 24 | $8.4M | $256.8M | ||
| Q3 24 | $9.9M | $201.0M | ||
| Q2 24 | $20.7M | $215.2M | ||
| Q1 24 | $23.6M | $223.9M |
总资产KFSSPRY
| Q4 25 | $231.5M | $327.7M | ||
| Q3 25 | $235.1M | $372.8M | ||
| Q2 25 | $207.7M | $313.5M | ||
| Q1 25 | $192.1M | $327.3M | ||
| Q4 24 | $186.6M | $351.2M | ||
| Q3 24 | $191.1M | $217.6M | ||
| Q2 24 | $192.3M | $222.0M | ||
| Q1 24 | $198.0M | $227.6M |
负债/权益比KFSSPRY
| Q4 25 | 4.66× | 0.84× | ||
| Q3 25 | 4.25× | 0.65× | ||
| Q2 25 | 3.34× | — | ||
| Q1 25 | 10.91× | — | ||
| Q4 24 | 6.84× | 0.00× | ||
| Q3 24 | 5.88× | — | ||
| Q2 24 | 2.29× | — | ||
| Q1 24 | 2.00× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-3.0K | $-43.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流KFSSPRY
| Q4 25 | $-3.0K | $-43.5M | ||
| Q3 25 | $1.5M | $-47.0M | ||
| Q2 25 | $337.0K | $-39.6M | ||
| Q1 25 | $-1.8M | $-40.7M | ||
| Q4 24 | $1.1M | $42.0M | ||
| Q3 24 | $368.0K | $-14.5M | ||
| Q2 24 | $557.0K | $-7.3M | ||
| Q1 24 | $249.0K | $-6.7M |
自由现金流KFSSPRY
| Q4 25 | — | — | ||
| Q3 25 | $1.3M | $-47.2M | ||
| Q2 25 | — | $-39.6M | ||
| Q1 25 | — | $-40.8M | ||
| Q4 24 | — | $41.7M | ||
| Q3 24 | — | $-14.6M | ||
| Q2 24 | — | $-7.3M | ||
| Q1 24 | — | $-6.8M |
自由现金流率KFSSPRY
| Q4 25 | — | — | ||
| Q3 25 | 3.4% | -145.4% | ||
| Q2 25 | — | -252.2% | ||
| Q1 25 | — | -512.1% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | -706.3% | ||
| Q2 24 | — | -1463.4% | ||
| Q1 24 | — | — |
资本支出强度KFSSPRY
| Q4 25 | — | 0.0% | ||
| Q3 25 | 0.5% | 0.6% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 0.0% | 6.8% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | — | — |
现金转化率KFSSPRY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
SPRY
| Products | $20.3M | 72% |
| Other | $7.8M | 28% |
