Kingstone Companies Inc
NASDAQ:KINS
Income Statement
Income Statement
Kingstone Companies Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
35
|
37
|
40
|
44
|
48
|
52
|
57
|
59
|
62
|
65
|
68
|
71
|
74
|
76
|
79
|
83
|
89
|
94
|
99
|
104
|
110
|
116
|
123
|
129
|
134
|
133
|
132
|
127
|
123
|
127
|
132
|
138
|
145
|
142
|
139
|
136
|
135
|
137
|
139
|
138
|
136
|
|
Revenue |
37
N/A
|
39
+7%
|
42
+8%
|
46
+9%
|
50
+9%
|
55
+9%
|
59
+8%
|
62
+4%
|
64
+4%
|
68
+6%
|
71
+5%
|
75
+4%
|
77
+4%
|
80
+3%
|
82
+4%
|
87
+6%
|
93
+6%
|
98
+5%
|
104
+6%
|
110
+6%
|
114
+4%
|
123
+8%
|
130
+6%
|
138
+6%
|
145
+5%
|
136
-6%
|
137
+0%
|
133
-3%
|
131
-1%
|
145
+10%
|
150
+3%
|
154
+3%
|
161
+5%
|
150
-7%
|
140
-7%
|
136
-2%
|
130
-4%
|
138
+6%
|
146
+6%
|
145
-1%
|
144
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(34)
|
(36)
|
(38)
|
(41)
|
(42)
|
(47)
|
(50)
|
(52)
|
(54)
|
(58)
|
(60)
|
(62)
|
(64)
|
(65)
|
(68)
|
(72)
|
(78)
|
(89)
|
(94)
|
(102)
|
(109)
|
(124)
|
(132)
|
(146)
|
(151)
|
(140)
|
(137)
|
(133)
|
(131)
|
(137)
|
(146)
|
(162)
|
(169)
|
(169)
|
(167)
|
(154)
|
(156)
|
(158)
|
(159)
|
(157)
|
(148)
|
|
Selling, General & Administrative |
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(26)
|
(26)
|
(28)
|
(29)
|
(30)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(34)
|
(35)
|
(35)
|
(35)
|
(34)
|
(33)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Benefits Claims Loss Adjustment |
(23)
|
(25)
|
(25)
|
(27)
|
(28)
|
(31)
|
(33)
|
(34)
|
(36)
|
(39)
|
(40)
|
(41)
|
(43)
|
(42)
|
(45)
|
(47)
|
(52)
|
(62)
|
(67)
|
(74)
|
(79)
|
(92)
|
(99)
|
(112)
|
(114)
|
(102)
|
(99)
|
(94)
|
(92)
|
(98)
|
(106)
|
(122)
|
(128)
|
(129)
|
(127)
|
(114)
|
(115)
|
(117)
|
(118)
|
(117)
|
(109)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
|
Operating Income |
3
N/A
|
3
+6%
|
5
+61%
|
5
+11%
|
8
+48%
|
8
+1%
|
10
+20%
|
10
+7%
|
10
+1%
|
10
+2%
|
11
+7%
|
13
+16%
|
13
+3%
|
15
+11%
|
14
-4%
|
15
+6%
|
14
-5%
|
9
-36%
|
9
+3%
|
8
-15%
|
5
-40%
|
(1)
N/A
|
(2)
-165%
|
(9)
-263%
|
(6)
+32%
|
(4)
+36%
|
(0)
+92%
|
0
N/A
|
1
+2 400%
|
7
+1 358%
|
3
-54%
|
(8)
N/A
|
(8)
+10%
|
(19)
-148%
|
(27)
-45%
|
(18)
+33%
|
(26)
-43%
|
(20)
+23%
|
(13)
+34%
|
(13)
+5%
|
(3)
+73%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
|
Pre-Tax Income |
3
N/A
|
3
+6%
|
5
+63%
|
5
+11%
|
8
+48%
|
8
+1%
|
10
+20%
|
10
+7%
|
10
+1%
|
10
+2%
|
11
+7%
|
13
+16%
|
13
+3%
|
15
+11%
|
14
-4%
|
15
+6%
|
14
-6%
|
9
-40%
|
8
-2%
|
7
-22%
|
3
-54%
|
(3)
N/A
|
(4)
-55%
|
(11)
-151%
|
(8)
+27%
|
(6)
+28%
|
(2)
+62%
|
(2)
+15%
|
(1)
+28%
|
5
N/A
|
2
-72%
|
(10)
N/A
|
(9)
+8%
|
(21)
-120%
|
(29)
-41%
|
(20)
+31%
|
(28)
-40%
|
(23)
+19%
|
(16)
+28%
|
(16)
+1%
|
(7)
+55%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(1)
|
0
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
1
|
1
|
4
|
2
|
4
|
6
|
4
|
5
|
4
|
3
|
3
|
1
|
|
Income from Continuing Operations |
2
|
2
|
3
|
4
|
5
|
5
|
6
|
7
|
7
|
7
|
8
|
9
|
9
|
10
|
10
|
10
|
10
|
5
|
6
|
6
|
3
|
(2)
|
(3)
|
(8)
|
(6)
|
(4)
|
(1)
|
(1)
|
1
|
6
|
3
|
(7)
|
(7)
|
(16)
|
(23)
|
(16)
|
(23)
|
(18)
|
(14)
|
(13)
|
(6)
|
|
Net Income (Common) |
2
N/A
|
2
+7%
|
3
+60%
|
4
+6%
|
5
+45%
|
5
+1%
|
6
+19%
|
7
+7%
|
7
+2%
|
7
+2%
|
8
+6%
|
9
+15%
|
9
+2%
|
10
+10%
|
10
-3%
|
10
+6%
|
10
-1%
|
6
-42%
|
6
+4%
|
6
-2%
|
3
-47%
|
(2)
N/A
|
(3)
-73%
|
(8)
-214%
|
(6)
+28%
|
(4)
+32%
|
(1)
+73%
|
(1)
+45%
|
1
N/A
|
6
+511%
|
3
-54%
|
(7)
N/A
|
(7)
-13%
|
(16)
-120%
|
(23)
-41%
|
(16)
+29%
|
(23)
-38%
|
(18)
+18%
|
(14)
+26%
|
(13)
+3%
|
(6)
+53%
|
|
EPS (Diluted) |
0.44
N/A
|
0.29
-34%
|
0.46
+59%
|
0.5
+9%
|
0.72
+44%
|
0.73
+1%
|
0.87
+19%
|
0.93
+7%
|
0.94
+1%
|
0.96
+2%
|
0.96
N/A
|
1.11
+16%
|
1.14
+3%
|
0.99
-13%
|
0.87
-12%
|
0.93
+7%
|
0.94
+1%
|
0.54
-43%
|
0.55
+2%
|
0.54
-2%
|
0.29
-46%
|
-0.15
N/A
|
-0.25
-67%
|
-0.77
-208%
|
-0.55
+29%
|
-0.38
+31%
|
-0.1
+74%
|
-0.06
+40%
|
0.09
N/A
|
0.56
+522%
|
0.25
-55%
|
-0.64
N/A
|
-0.7
-9%
|
-1.55
-121%
|
-2.15
-39%
|
-1.55
+28%
|
-2.12
-37%
|
-1.7
+20%
|
-1.27
+25%
|
-1.22
+4%
|
-0.57
+53%
|