Tucows Inc. logo TCX - Tucows Inc.

Price: -- --
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Revenue
Revenue 390.3 362.3 339.3 321.1 304.3 311.2 337.1 346.0 329.4 189.8 172.9 147.7 129.9 114.7 97.1 84.6 80.9 78.5 74.6 65.0 48.5 44.7 37.2 37.0 31.6 11.2 23.2 14.9 6.8 1.4
Cost of Revenue 300.1 279.2 230.5 242.9 226.0 225.7 236.4 249.2 244.9 126.8 119.7 107.1 98.5 88.5 73.8 64.5 59.7 57.7 52.8 41.5 30.6 27.6 23.0 23.1 26.2 8.5 14.4 11.5 1.4 0.2
Gross Profit 90.2 83.0 108.9 78.2 78.3 85.5 100.8 96.8 84.5 63.1 53.2 40.6 31.4 26.2 23.3 20.1 21.2 20.8 21.9 23.5 17.9 17.2 14.2 13.9 5.4 2.7 8.8 3.4 5.4 1.2
Operating Expenses
R&D Expenses 0 18.6 0.6 14.2 14.3 12.4 9.7 8.7 7.3 4.5 4.5 4.3 4.2 4.3 4.9 4.6 4.6 6.2 6.7 8.2 5.6 0 0 0 0 0 0 0 0 0
SG&A Expenses 91.3 96.5 101.2 84.8 61.8 54.5 52.1 50.8 43.0 32.2 29.2 23.9 19.3 15.3 13.5 10.1 11.4 13.5 11.1 11.9 9.2 13.7 11.8 11.8 10.4 12.0 14.8 19.4 22.6 15.6
Other Expenses 14.0 33.0 70.7 10.9 9.9 11.6 9.6 0.5 0.6 0.5 0.1 0 0 0.5 0 0 0 0 0 0 0 5,825.9 5,424.6 14,865.5 0 6.6 0 0 0 0
Operating Expenses 105.2 148.0 172.5 109.9 86.1 78.6 71.4 67.2 57.4 38.1 34.2 29.0 24.6 20.7 19.6 16.3 17.6 23.9 19.2 20.9 16.0 15.0 13.3 14.9 18.7 13.2 17.1 21 23.8 16.2
Operating Income
Operating Income (15.1) (65.0) (63.7) (31.7) (7.8) 6.9 29.3 29.3 27.1 25.0 18.0 9.6 6.2 6.1 3.1 2.4 7.7 (3.1) 2.6 (0.4) 1.9 2.1 0.9 (1.0) (13.3) (10.5) (8.3) (17.6) (18.4) (15)
Interest Expense 57.2 54.4 41.8 14.6 4.6 3.6 4.8 3.7 3.6 0.4 0.2 0.2 0.4 0.2 0.1 0.1 0.2 0.6 0 0 0 0 0 102.1 0 0.5 0 0 0 0
Interest Income 1.9 3.2 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.5 0 0.1 0 0 0.7 0 0 0 0
Profitability
EBITDA 225.4 (1.8) (12.2) 26.4 39.9 38.4 48.6 44.7 39.8 28.3 20.7 11.2 8.0 8.4 5.5 6.8 15.7 4.2 8.1 6.4 3.8 3.6 2.4 1.9 (6.4) (24.6) (6.0) (16.0) (17.2) (14.4)
EBIT (15.1) (47.4) (58.8) (13.2) 11.9 14.4 29.3 29.8 27.6 25.6 18.1 9.6 6.2 6.6 3.5 2.4 12.2 (0.6) 2.6 2.6 2.6 2.3 0.9 (1.0) (13.3) (37.9) (8.3) (17.6) (18.4) (15)
Income Before Tax (67.3) (101.9) (103.1) (27.8) 7.3 10.8 24.6 26.2 24.1 25.1 17.9 9.4 5.8 6.4 3.5 2.3 12.0 2.2 2.7 2.1 2.6 2.3 2,063.4 1,866.8 (13,412.8) (14.3) 26.2 (17.3) (17.4) (13.8)
Income Tax Expense 8.5 8.0 (6.9) (0.2) 3.9 5.0 9.2 9.0 1.7 9.0 6.6 3.1 1.6 2.0 (2.7) 0.2 (0.3) 0.1 0.1 (0.1) (0.2) (3.2) (1.1) (2.8) 0.1 3.8 (33) (0.2) 0 0
Net Income (75.8) (109.9) (96.2) (27.6) 3.4 5.8 15.4 17.1 22.3 16.1 11.4 6.4 4.2 4.4 6.2 2.1 12.2 2.1 2.7 2.2 2.8 5.5 2.1 1.9 (13.4) (14.3) 24.7 (17.4) (17.4) (13.8)
Per Share Data
EPS (Basic) -6.85 -10.02 -8.85 -2.56 0.32 0.55 1.45 1.62 2.12 1.53 1.04 0.57 0.40 0.39 0.46 0.16 0.72 0.12 0.16 0.12 0.16 0.32 0.12 0.12 -0.96 -13.35 -13.60 -7.08 -7.32 -6.61
EPS (Diluted) -6.85 -10.02 -8.85 -2.56 0.31 0.54 1.43 1.59 2.07 1.50 1.00 0.54 0.37 0.36 0.44 0.16 0.68 0.12 0.12 0.12 0.16 0.32 0.12 0.12 -0.96 -4.61 -13.60 -7.08 -7.32 -6.60
Shares Outstanding 11.1 11.0 10.9 10.8 10.7 10.6 10.6 10.6 10.5 10.5 11.0 11.2 10.5 11.5 13.4 14.5 17.3 18.5 18.6 18.5 17.3 16.5 16.2 16.2 14.0 1.1 1.1 2.5 2.4 2.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 46.8 56.9 92.7 23.5 9.1 8.3 20.4 12.6 18.0 15.1 9.6 5.4 13.9 12.9 8.8 4.8 4.5 3.7 3.3 2.3 16.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.9 0 0 0 0
Net Receivables 24.5 21.1 23.6 26.0 18.8 16.8 16.4 12.3 12.4 11.1 3.5 3.2 1.1 0.5 0.3 0.8 0.8 14.7 3.2 1.9 0.4
Inventory 0 4.0 6.8 7.3 3.3 1.9 3.5 3.8 2.9 1.2 0 0 0 2.2 2.9 2.0 0 0 0 0 0
Other Current Assets 102.5 106.1 102.3 96.1 94.8 97.3 92.0 0 14.2 0.2 2.1 0.6 1.5 13.3 12.1 10.0 7.9 0.3 0.9 10.9 11.9
Total Current Assets 203.1 205.4 242.8 169.9 147.0 141.2 145.7 131.9 153.9 83.3 49.3 40.7 34.2 28.8 23.2 17.7 13.4 18.7 7.4 15.1 28.4
Non-Current Assets
Property, Plant & Equipment 345.3 366.7 367.1 302.0 190.2 128.8 93.5 48.1 24.6 13.5 2.0 3.1 1.0 1.0 1.6 3.7 2.2 0.5 2.6 3 1.7
Goodwill 130.4 130.4 130.4 130.4 130.4 116.3 109.8 90.1 90.1 21.0 18.0 18.0 1.0 0 0 0 3.2 23.7 0 0 0
Intangible Assets 19.7 24.8 29.5 39.8 50.4 47.4 57.7 49.4 58.4 20.0 18.7 20.2 1.2 0 0 0.2 2 2 0 0 0
Long-Term Investments 0 2.0 2.0 2.0 2.0 0 0 0 0 0 0 0 0 353.7 353.7 1.4 0.1 0 0 0 0
Other Non-Current Assets 32.4 29.5 26.7 20.6 19.6 18.0 19.3 20.1 23.7 11.0 12.3 12.1 7.8 (348.2) (349.7) 4.0 (6.0) (14.8) 0.2 0.7 0.1
Total Non-Current Assets 527.8 553.4 555.7 494.8 392.6 310.7 280.2 207.6 196.8 71.1 54.8 55.8 13.1 6.5 5.6 7.9 2.4 11.4 2.8 3.7 1.8
Total Assets 730.9 758.8 798.4 664.7 539.6 451.9 425.9 339.6 350.7 154.4 104.1 96.5 47.3 35.3 28.9 25.6 15.8 30.1 10.2 18.8 30.2
Current Liabilities
Account Payables 35.3 9.0 12.7 17.2 10.0 6.3 6.7 8.4 7.0 4.8 1.5 1.6 1.5 1.6 1.6 2.0 2.8 0.9 1.9 1.3 1.2
Short-Term Debt 137.0 0 0 0 0 0 0 18.4 18.3 2.2 3.2 2.6 0 0 0 0.1 0.1 2.9 0.4 0.3 0
Deferred Revenue 0 152.3 19.3 138.7 141.1 142.7 137.2 128.7 144.4 68.2 43.8 38.0 23.6 20.7 18.4 18.4 858.2 0 0 0 0
Other Current Liabilities 152.4 1.3 128.0 2.0 3.2 0.1 0 132.6 145.7 70.3 0.9 2.0 2.4 2.2 2.0 2.0 (16.2) 3.3 10.6 6.3 1.3
Total Current Liabilities 330.4 199.9 201.3 188.2 173.7 163.0 156.9 165.3 178.6 84.4 51.9 50.0 30.2 26.6 24.3 24.7 3.2 7.1 12.9 7.9 2.5
Non-Current Liabilities
Long-Term Debt 481.2 482.1 544.6 238.9 190.7 121.7 113.5 46.2 58.6 8.0 0 3.2 0 0 0 0 0.1 0 0.6 0.4 0
Deferred Tax Liabilities 0 3.0 0 15.7 22.6 24.7 25.5 20.9 19.8 4.8 4.8 5.4 2,000 0 0 (4,270.3) 855.6 0 0 0 0
Other Non-Current Liabilities 25.7 122.2 3.0 90.6 2.0 3.7 0.2 0.4 1.6 3.3 0.2 0.2 9.6 7.9 5.9 4.3 0 0.1 0 0 0
Total Non-Current Liabilities 564.7 654.2 587.2 379.9 250.8 184.2 174.8 94.5 111.9 32.2 21.1 25.0 9.6 7.9 5.9 4.3 0.1 0.1 0.6 0.4 0
Total Liabilities 895.1 854.1 788.6 568.1 424.5 347.2 331.7 259.8 290.4 116.6 73.0 75.1 39.8 34.5 30.2 29.0 3.3 7.2 13.5 8.3 2.5
Stockholders' Equity
Common Stock 38.3 36.6 34.4 31.9 28.5 20.8 16.6 15.8 15.4 14.5 14.0 15,198.4 9.5 8.5 8.5 58.5 0.2 0 0 0 0
Retained Earnings (226.0) (150.2) (40.3) 55.9 83.5 80.1 76.2 60.8 42.7 20.4 (30.2) (42.5) (52.1) (57.6) (59.7) (61.6) (49.7) (35.4) (60.1) (42.7) (25.3)
Accumulated Other Comprehensive Income (0.1) (1.0) 1.7 0.8 0.3 2.3 0.5 (0.8) 99.2 0.1 (10.6) (9.9) (10) (0.0) (0.2) (0.3) 1.0 (0.2) (0.2) (1.7) (0.8)
Total Stockholders' Equity (164.2) (95.3) 9.9 96.7 115.1 104.7 94.2 79.8 60.2 37.8 31.1 21.5 7.5 0.9 (1.4) (3.4) 12.5 22.9 (3.3) 10.5 27.7
Total Liabilities & Equity 730.9 758.8 798.4 664.7 539.6 451.9 425.9 339.6 350.7 154.4 104.1 96.5 47.3 35.3 28.9 25.6 15.8 30.1 10.2 18.8 30.2
Debt Metrics
Total Debt 681.7 513.1 568.3 256.0 205.8 132.7 124.3 64.6 76.9 10.2 3.2 5.9 0 0 0 0.1 0.2 2.9 1 0.7 0
Net Debt 635.0 456.2 475.6 232.5 196.6 124.4 103.9 52.0 58.9 (4.9) (6.4) 0.4 (13.9) (12.9) (8.8) (4.7) (4.3) (0.8) (2.3) (1.6) (16.1)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income (75.8) (109.9) (96.2) (27.6) 3.4 5.8 15.4 17.1 22.3 16.1 2.8 5.5 2.1 1.9 (13.4) (14.3) 24.7 (17.4) (17.4) (13.8)
Depreciation & Amortization 50.9 45.6 47.3 39.6 28.0 24.1 19.3 15.0 12.1 2.8 1.2 1.3 1.5 2.9 6.9 1.2 2.3 1.6 1.2 0.6
Stock-Based Compensation 7.1 7.0 8.1 7.6 4.6 3.7 2.9 2.6 1.5 0.8 0 0 162.7 0 0 0 0 0 0 0
Change in Working Capital 0.7 4.0 12.5 5.0 (2) 0.1 2.0 1.8 1.9 1.5 0.1 0.9 0.8 1.0 (1.1) 0.9 0.3 3.7 3.3 (0.9)
Other Non-Cash Items 11.3 32.6 36.6 2.2 (3.0) 6.4 (0.4) (0.3) (2.6) (0.7) 0.0 (0.0) (1.1) (2.3) 1.6 4.1 (33.9) 0.4 0.2 0.1
Operating Cash Flow (5.8) (19.7) (4.8) 19.9 29.6 36.1 40.4 37.2 31.9 21.6 4.1 4.7 3.2 3.4 (6.1) (8.2) (6.6) (11.7) (12.7) (14)
Investing Activities
Capital Expenditure (17.1) (56.5) (92.6) (137.5) (73.9) (44.5) (47.6) (28.5) (15.9) (14.4) (1.5) (1.0) (1.0) (0.9) (2.9) (2.3) (0.5) (0.9) (2.3) (1.4)
Acquisitions 0 0 0 0 (26.5) (8.8) (28.4) (1.2) (78.2) 0 0 (2.0) 0 0 8.8 0 0 0 0 0
Purchases of Investments 0 0 0 0 (2.0) 0 0 0 0 0 (1.8) 0 0 0 0 0 0 (7.8) (22.7) (11.5)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18.5 23.3 0.2
Other Investing Activities 19.3 (0.0) (0.5) (0.8) (0.3) (0.1) (3.6) (0.6) (2.9) (6.5) 0.7 (1.3) 1.8 1.6 (0.3) 11.8 4.8 0 0 0
Investing Cash Flow 2.2 (56.5) (92.6) (137.5) (102.0) (53.3) (76.1) (29.7) (94.1) (14.4) (2.5) (4.4) 0.8 0.7 5.7 9.5 4.3 9.8 (1.7) (12.7)
Financing Activities
Net Debt Issuance (5) 46.5 197.7 47.6 68.7 8 49.2 (12.6) 67.0 7.2 0 0 0 (0.1) (0.0) (1.6) 2.6 (0.3) 0.7 (0.2)
Stock Repurchased 0 0 0 0 0 (3.3) (5.0) (0.4) (1.5) (7.2) 0 0 0 0 0 0 (0.3) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.4) (2.0) (8.2) (3.0) 4.4 0.4 (0.8) 0.1 (0.4) (0.5) 0 0 0 0 3.0 (4.3) (0.1) (0.1) 0 (0.1)
Financing Cash Flow (5.4) 44.5 178.8 132.0 73.1 5.1 43.5 (12.9) 65.2 0.2 1.9 0.7 0 (0.1) 3.0 (0.6) 2.8 2.8 0.7 41.7
Cash Position
Net Change in Cash (9.0) (31.7) 81.5 14.4 0.8 (12.1) 7.8 (5.4) 2.9 7.4 3.4 1.0 4.1 4.0 2.6 0.7 0.4 2.8 0.7 41.7
Cash at Beginning 73.2 105.0 23.5 9.1 8.3 20.4 12.6 18.0 15.1 7.7 13.9 12.9 8.8 4.8 2.2 3.7 3.3 2.3 16.1 1
Cash at End 64.2 73.2 105.0 23.5 9.1 8.3 20.4 12.6 18.0 15.1 17.3 13.9 12.9 8.8 4.8 4.5 3.7 5.1 16.8 42.7
Free Cash Flow (22.9) (76.2) (97.4) (117.6) (44.3) (8.4) (7.3) 8.7 16.0 7.2 2.6 3.6 2.3 2.6 (8.9) (10.5) (7.1) (12.6) (15) (15.4)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Income Statement
Revenue 390.3 362.3 339.3 321.1 304.3 311.2 337.1 346.0 329.4 189.8 172.9 147.7 129.9 114.7 97.1 84.6 80.9 78.5 74.6 65.0 48.5 44.7 37.2 37.0 31.6 11.2 23.2 14.9 6.8 1.4
Gross Profit 90.2 83.0 108.9 78.2 78.3 85.5 100.8 96.8 84.5 63.1 53.2 40.6 31.4 26.2 23.3 20.1 21.2 20.8 21.9 23.5 17.9 17.2 14.2 13.9 5.4 2.7 8.8 3.4 5.4 1.2
Operating Income (15.1) (65.0) (63.7) (31.7) (7.8) 6.9 29.3 29.3 27.1 25.0 18.0 9.6 6.2 6.1 3.1 2.4 7.7 (3.1) 2.6 (0.4) 1.9 2.1 0.9 (1.0) (13.3) (10.5) (8.3) (17.6) (18.4) (15)
Net Income (75.8) (109.9) (96.2) (27.6) 3.4 5.8 15.4 17.1 22.3 16.1 11.4 6.4 4.2 4.4 6.2 2.1 12.2 2.1 2.7 2.2 2.8 5.5 2.1 1.9 (13.4) (14.3) 24.7 (17.4) (17.4) (13.8)
EPS (Diluted) -6.85 -10.02 -8.85 -2.56 0.31 0.54 1.43 1.59 2.07 1.50 1.00 0.54 0.37 0.36 0.44 0.16 0.68 0.12 0.12 0.12 0.16 0.32 0.12 0.12 -0.96 -4.61 -13.60 -7.08 -7.32 -6.60
Balance Sheet
Cash & Equivalents 46.8 56.9 92.7 23.5 9.1 8.3 20.4 12.6 18.0 15.1 9.6 5.4 13.9 12.9 8.8 4.8 4.5 3.7 3.3 2.3 16.1
Total Assets 730.9 758.8 798.4 664.7 539.6 451.9 425.9 339.6 350.7 154.4 104.1 96.5 47.3 35.3 28.9 25.6 15.8 30.1 10.2 18.8 30.2
Total Debt 681.7 513.1 568.3 256.0 205.8 132.7 124.3 64.6 76.9 10.2 3.2 5.9 0 0 0 0.1 0.2 2.9 1 0.7 0
Stockholders' Equity (164.2) (95.3) 9.9 96.7 115.1 104.7 94.2 79.8 60.2 37.8 31.1 21.5 7.5 0.9 (1.4) (3.4) 12.5 22.9 (3.3) 10.5 27.7
Cash Flow
Operating Cash Flow (5.8) (19.7) (4.8) 19.9 29.6 36.1 40.4 37.2 31.9 21.6 4.1 4.7 3.2 3.4 (6.1) (8.2) (6.6) (11.7) (12.7) (14)
Capital Expenditure (17.1) (56.5) (92.6) (137.5) (73.9) (44.5) (47.6) (28.5) (15.9) (14.4) (1.5) (1.0) (1.0) (0.9) (2.9) (2.3) (0.5) (0.9) (2.3) (1.4)
Free Cash Flow (22.9) (76.2) (97.4) (117.6) (44.3) (8.4) (7.3) 8.7 16.0 7.2 2.6 3.6 2.3 2.6 (8.9) (10.5) (7.1) (12.6) (15) (15.4)