Saturday 17 October 2026 Export KG’s income statement to Excel — free account

Kestrel Group Ltd

In the quarter to June 2026, revenue grew 20.1%, EPS fell 106.8%, free cash flow fell 30.0% and total debt fell 33.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

4.60 0.02 −0.43%

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Market cap: $36.2M
P/E: 0.0×
Fwd P/E: −3.1×
Dividend yield: —
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.01

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	1	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 41.72%

Capital & Financial Ratios $m

Market Cap 36.15

Revenue 44.52

Net Income (38.32)

Free Cash Flow (116.35)

Net Debt 148.77

Current Ratio 0.70

Debt/Equity 1.54

P/E ratio 0.00

Fwd P/E (3.06)

P/S ratio 0.81

P/B ratio 0.32

Past 5Y EPS Growth (3.99%)

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (41.15%)

Next 5Y EPS Growth 12.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 48.75%

10-year low 10-year high

P/B against its own 10 years 0.18%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	0.35	0.15 0.15 0.05
2017	0.60	0.15 0.15 0.15 0.15
2016	0.57	0.14 0.14 0.14 0.15

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	43	4	17	26
Receivables	577	579	462	418
Inventory	—	—	—	—
Other	—	—	—	—
	619	4	479	444

	2023	2024	2025	Q'26
Payables	914	823	655	569
ST’ Debt	—	—	—	—
Other	—	—	—	—
	942	1	706	631

Compound Annual Growth %

	10y	5y	3y
Sales	(35.11%)	(28.65%)	(16.33%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	(7.34%)	(10.19%)	(5.54%)
Book Value	(20.97%)	(24.64%)	(23.32%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	10	7	—	—	—
’25	1	6	17	10	34
’24	29	1	1	—	4
’23	19	23	22	25	89
’22	10	21	18	10	58
’21	30	22	22	25	99
’20	59	45	41	40	184

Fiscal quarters ending in the months shown.

value withheld pending a data check

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(15)	(26)	—	—	—
’25	(1)	(20)	(10)	(66)	(96)
’24	8	(9)	0	0	(1)
’23	(20)	(43)	(2)	6	(60)
’22	(76)	(13)	(11)	(96)	(196)
’21	(103)	(83)	(114)	(95)	(394)
’20	(218)	(201)	(29)	(94)	(542)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(15)	(26)	—	—	—
’25	(1)	(20)	(10)	(66)	(96)
’24	8	(9)	0	0	(1)
’23	(20)	(43)	(2)	6	(60)
’22	(76)	(13)	(11)	(96)	(196)
’21	(103)	(83)	(114)	(95)	(394)
’20	(218)	(201)	(29)	(94)	(542)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.96)	(1.03)	—	—	—
’25	(0.14)	15.09	(0.65)	(2.29)	8.08
’24	0.29	(0.20)	(0.16)	(31.80)	(0.47)
’23	(2.20)	(0.60)	(0.60)	(4.20)	(7.60)
’22	(0.45)	0.24	(1.80)	(11.71)	(13.78)
’21	2.18	1.88	(0.73)	2.86	6.19
’20	5.00	2.20	0.60	11.20	9.90

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	222.80	111.00	25.80	9.20	7.60	42.00	36.00	29.80	23.80	9.25	Analyst estimates 2026–2028 Powerpack
	High	362.00	379.00	182.00	37.00	52.00	80.00	61.80	52.80	47.20	36.80
People
People	Employees	211	219	74	53	52	52	49	45	42	44
	Revenue/emp, $m	9.72	9.77	29.25	10.87	3.54	1.90	1.19	1.98	0.09	0.77
Income, $m
Income, $m	Revenue	2,052	2,139	2,165	576	184	99	58	89	4	34
	Gross margin, %	7.16	(2.82)	(17.09)	(8.06)	56.23	67.44	(31.60)	9.57	100.00	64.40
	EBT	79	(154)	(450)	(110)	37	19	(60)	(46)	(1)	50
	EBT margin, %	3.87	(7.22)	(20.78)	(19.14)	19.86	19.16	(103.89)	(51.80)	(32.78)	145.62
	Net income	48	(170)	(544)	(132)	42	27	(60)	(39)	(1)	47
	Depreciation	13	8	6	8	9	8	0	(1)	(5)	—
Per share, $
Per share, $	Revenue	529.28	499.27	521.33	138.72	43.67	22.94	13.35	17.60	1.40	5.94
	Earnings	4.00	(46.40)	(137.40)	(31.80)	9.90	6.19	(13.78)	(7.60)	(0.47)	8.08
	Cash flow	121.27	107.04	43.90	(275.12)	(128.48)	(91.66)	(44.98)	(11.79)	(0.46)	(16.78)
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	121.27	107.04	43.90	(275.12)	(128.48)	(91.66)	(44.98)	(11.79)	(0.46)	(16.78)
	Book value	351.11	287.73	133.63	122.25	125.17	89.29	65.33	49.15	1.67	22.38
	Shares, m	4	4	4	4	4	4	4	5	3	6
Valuation, ×
Valuation, ×	P/E	52.50	0.00	0.00	0.00	2.62	9.88	0.00	0.00	0.00	0.85
	P/S	0.67	0.27	0.06	0.11	1.14	2.67	3.12	2.62	24.16	1.72
	P/B	1.32	0.76	1.52	1.46	1.57	1.17	0.64	0.94	20.18	0.46
	EV/Sales	0.77	0.32	0.03	0.36	1.79	4.58	6.71	5.00	89.27	5.99
	EV/FCF	3.37	1.51	0.33	(0.18)	(0.61)	(1.15)	(1.99)	(7.46)	(271.05)	(2.12)
Cash, $m
Cash, $m	Operating cash flow	470	459	182	(1,143)	(542)	(394)	(196)	(60)	(1)	(96)
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	470	459	182	(1,143)	(542)	(394)	(196)	(60)	(1)	(96)
Balance, $m
Balance, $m	Working capital	(3,880)	(3,486)	(3,922)	(1,950)	(1,356)	(986)	(646)	(322)	3	(227)
	Total debt	351	254	255	255	255	255	256	255	255	174
	Net debt	202	105	(76)	148	119	189	209	212	250	157
	Shareholders’ equity	1,361	1,233	555	508	528	384	285	249	5	128
Returns, %
Returns, %	ROA	0.25	(3.09)	(9.56)	(2.98)	2.45	4.46	2.66	(2.29)	(0.17)	9.20
	ROIC	3.27	(7.08)	(58.74)	(10.52)	3.53	2.06	(7.65)	(6.27)	(0.31)	(3.72)
	ROE	1.59	(21.95)	(133.00)	(198.90)	90.74	65.62	21.75	(14.45)	(1.02)	70.32

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RGA Reinsurance Group of America, Incorporated	$17.2B	11.5×	8.4×	+18.54% (above 0%: growing)	+159.93% (above 0%: growing)	−40.98% (below 0%: shrinking)	15.58%	10.73%	Compare
EG Everest Group, Ltd.	$14.6B	8.2×	6.4×	−11.80% (below 0%: shrinking)	−11.68% (below 0%: shrinking)	−73.12% (below 0%: shrinking)	18.99%	18.15%	Compare
RNR RenaissanceRe Holdings Ltd.	$14.3B	6.0×	9.0×	−13.66% (below 0%: shrinking)	−9.91% (below 0%: shrinking)	−42.00% (below 0%: shrinking)	45.62%	41.52%	Compare
HG Hamilton Insurance Group, Ltd.	$3.5B	6.1×	7.1×	+13.34% (above 0%: growing)	−21.62% (below 0%: shrinking)	−42.62% (below 0%: shrinking)	56.94%	31.21%	Compare
SPNT SiriusPoint Ltd.	$2.9B	5.9×	8.3×	−0.55% (below 0%: shrinking)	+15.69% (above 0%: growing)	−108.37% (below 0%: shrinking)	30.79%	30.47%	Compare
GLRE Greenlight Capital Re, Ltd.	$481.1M	9.8×	— (loss-making)	−14.15% (below 0%: shrinking)	n/m	−54.17% (below 0%: shrinking)	(13.58%)	(13.58%)	Compare
KG Kestrel Group Ltd	$36.2M	— (loss-making)	— (loss-making)	+20.12% (above 0%: growing)	n/m	−29.99% (below 0%: shrinking)	62.64%	(94.30%)
OXBR Oxbridge Re Holdings Limited	$7.5M	50.0×	— (loss-making)	+41.57% (above 0%: growing)	n/m	+87.70% (above 0%: growing)	95.32%	31.17%	Compare
Median of peers	$3.5B	8.2×	8.3×	−0.55%	−9.91%	−42.62%	30.79%	30.47%

All 8 Insurance Reinsurance stocks →

Kestrel Group Ltd (KG) key facts

Kestrel Group Ltd (KG) is an Insurance Reinsurance company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, KG traded at $4.60, a market capitalization of $36.2 million.
Return on equity was 70.3% and debt-to-equity 1.54.
Its Piotroski F-score is 3 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.