Security
TC · TUCOWS INC /PA/
TCTSXCommon stockCurrentCIK 909494Updated Sep 26, 2026
Name history
INFONAUTICS INC · through Aug 14, 2001
TC price & chart
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TSX:TC on TradingView ↗In the news
Tucows Announces Timing for Q2 2025 Financial Results News Release and Management Commentary News provided by Tucows Inc. Jul 24, 2025, 07:30 ET Share this article Share to X Share this article Share to X TORONTO , July 24, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX ) (TSX: TC) today announced tha ↗
Recent filings
S-8 filing
10-Q filing
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement
Items 1.01, 1.02
4 filing
4 filing
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Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 730,909,000Source | 758,796,000Source | 798,426,000Source | 664,747,000Source |
| Property, Plant and Equipment, NetUSD | 281,955,000Source | 331,049,000Source | 339,644,000Source | 281,495,000Source |
| GoodwillUSD | 130,410,000Source | 130,410,000Source | 130,410,000Source | 130,410,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 19,703,000Source | 24,755,000Source | 29,484,000Source | 39,790,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 46,759,000Source | 56,903,000Source | 92,687,000Source | 23,496,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 24,494,000Source | 20,878,000Source | 22,206,000Source | 18,404,000Source |
| Inventory, NetUSD | 3,872,000Source | 3,975,000Source | 6,786,000Source | 7,284,000Source |
| Assets, CurrentUSD | 203,094,000Source | 205,382,000Source | 242,757,000Source | 169,920,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 29,375,000Source | 17,314,000Source | 17,387,000Source | 17,005,000Source |
| Operating Lease, Right-of-Use AssetUSD | 63,315,000Source | 35,640,000Source | 27,467,000Source | 20,489,000Source |
| Other Assets, NoncurrentUSD | 4,378,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 38,308,000Source | 36,581,000Source | 34,373,000Source | 31,868,000Source |
| Retained Earnings (Accumulated Deficit)USD | -225,977,000Source | -150,158,000Source | -40,298,000Source | 55,899,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -57,000Source | -964,000Source | 1,728,000Source | 784,000Source |
| Stockholders' Equity Attributable to ParentUSD | -164,200,000Source | -95,300,000Source | 9,875,000Source | 96,657,000Source |
| Additional Paid in Capital, Common StockUSD | 23,526,000Source | 19,241,000Source | 14,072,000Source | 8,106,000Source |
| Liabilities and EquityUSD | 730,909,000Source | 758,796,000Source | 798,426,000Source | 664,747,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 330,427,000Source | 199,851,000Source | 201,341,000Source | 188,189,000Source |
| Operating Lease, Liability, CurrentUSD | 5,771,000Source | 5,150,000Source | 5,397,000Source | 4,642,000Source |
| Accounts Payable, CurrentUSD | 9,898,000Source | 9,009,000Source | 12,676,000Source | 17,171,000Source |
| Operating Lease, Liability, NoncurrentUSD | 57,823,000Source | 25,899,000Source | 18,255,000Source | 12,438,000Source |
| Deferred Income Tax Liabilities, NetUSD | 2,962,000Source | 2,963,000Source | 2,966,000Source | 15,720,000Source |
| Other Liabilities, NoncurrentUSD | 1,366,000Source | — | — | 0Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 25,374,000Source | 31,227,000Source | 35,356,000Source | 22,653,000Source |
| Deferred Tax Liabilities, NetUSD | 2,962,000Source | 2,963,000Source | 2,966,000Source | 15,720,000Source |
| Long-term DebtUSD | 190,400,000Source | 195,400,000Source | 211,900,000Source | 239,700,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,139,000Source | 7,021,000Source | 8,134,000Source | 7,599,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,616,000Source | -1,328,000Source | 3,802,000Source | 3,825,000Source |
| Increase (Decrease) in InventoriesUSD | — | -2,811,000Source | -361,000Source | 4,007,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | -3,391,000Source | -5,319,000Source | 6,754,000Source |
| Deferred Income Tax Expense (Benefit)USD | -289,000Source | 854,000Source | -13,040,000Source | -6,981,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,758,000Source | -19,745,000Source | -4,771,000Source | 19,876,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 2,157,000Source | -56,493,000Source | -92,583,000Source | -137,492,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 17,114,000Source | 56,460,000Source | 92,055,000Source | 136,710,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 0Source | 0Source |
| Payments for Repurchase of Common StockUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -5,392,000Source | 44,498,000Source | 178,836,000Source | 132,007,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -8,993,000Source | -31,740,000Source | 81,482,000Source | 14,391,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 64,245,000Source | 73,238,000Source | 104,978,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 43,778,000Source | 37,961,000Source | 24,736,000Source | 10,289,000Source |
| Income Taxes Paid, NetUSD | 5,651,000Source | 7,653,000Source | 4,929,000Source | 3,883,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 0Source | 0Source | 0Source | 248,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | 5,779,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 4,662,000Source | 4,479,000Source | 3,331,000Source | 685,000Source |
| Amortization of Intangible AssetsUSD | 4,667,000Source | 5,297,000Source | 10,829,000Source | 11,394,000Source |
| DepreciationUSD | 41,580,000Source | 40,323,000Source | 36,431,000Source | 28,187,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | — | 18,507,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 391,000Source | 167,000Source | 62,000Source | -281,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | 496,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 5,882,000Source | — | — | — |
| Gain (Loss) on Sale of DerivativesUSD | — | — | 0Source | 0Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 5,882,000Source | 0Source | 0Source | -461,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 0Source | -14,680,000Source | — |
| General and Administrative ExpenseUSD | 42,875,000Source | 37,068,000Source | 33,406,000Source | 30,845,000Source |
| GoodwillUSD | 130,410,000Source | 130,410,000Source | 130,410,000Source | 130,410,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 165,000Source | — | — | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 8,509,000Source | 7,986,000Source | -6,873,000Source | -217,000Source |
| InterestExpenseNonoperatingUSD | 57,181,000Source | 54,433,000Source | — | — |
| Investment Income, InterestUSD | 1,907,000Source | 3,158,000Source | 4,485,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -75,819,000Source | -109,860,000Source | -96,197,000Source | -27,571,000Source |
| Nonoperating Income (Expense)USD | -43,827,000Source | -36,861,000Source | -39,418,000Source | 3,874,000Source |
| Operating ExpensesUSD | 117,437,000Source | 148,042,000Source | 130,319,000Source | 109,910,000Source |
| Operating Lease, Impairment LossUSD | 700,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 11,447,000Source | 436,000Source | 0Source | -177,000Source |
| Payments of Financing CostsUSD | 423,000Source | 25,000Source | 1,711,000Source | 748,000Source |
| Payments to Acquire InvestmentsUSD | — | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 31,000Source | 43,000Source | 0Source | 1,096,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 390,300,000Source | — | 339,337,000Source | 321,142,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | 0Source | 0Source | -1,624,000Source | -281,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | — | 362,275,000Source | 339,337,000Source | 321,142,000Source |
| Cost of RevenueUSD | 296,346,000Source | 279,246,000Source | 272,670,000Source | — |
| Operating Income (Loss)USD | -23,483,000Source | -65,013,000Source | -63,652,000Source | -31,662,000Source |
| Other Nonoperating Income (Expense)USD | 11,447,000Source | 436,000Source | 0Source | -177,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -67,310,000Source | -101,874,000Source | -103,070,000Source | -27,788,000Source |
| Income Tax Expense (Benefit)USD | 8,509,000Source | 7,986,000Source | -6,873,000Source | -217,000Source |
| Net Income (Loss) Attributable to ParentUSD | -75,819,000Source | -109,860,000Source | -96,197,000Source | -27,571,000Source |
| Earnings Per Share, BasicUSD per share | -6.85Source | -10.02Source | -8.85Source | -2.56Source |
| Earnings Per Share, DilutedUSD per share | — | — | -8.85Source | -2.56Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 11,065,708Source | 10,967,581Source | 10,864,086Source | 10,769,280Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 11,065,708Source | 10,967,581Source | 10,864,086Source | 10,769,280Source |
| Interest Expense (non-operating)USD | 57,181,000Source | 54,433,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,667,000Source | 5,297,000Source | 10,829,000Source | 11,394,000Source |
| Business Combination, Acquisition Related CostsUSD | 3,988,000Source | 13,875,000Source | 1,916,000Source | 2,660,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 230,593,000Source | 209,747,000Source | 202,256,000Source | 196,268,000Source |
| Cost, Depreciation and AmortizationUSD | 42,721,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 8,798,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 3,526,000Source | 451,000Source | 567,000Source | 598,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | 496,000Source |
| General and Administrative ExpenseUSD | 42,875,000Source | 37,068,000Source | 33,406,000Source | 30,845,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 93,954,000Source | 83,029,000Source | 66,667,000Source | 78,248,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -97,552,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 46,256,000Source | — |
| Interest Income (Expense), NetUSD | -55,274,000Source | -51,275,000Source | -41,771,000Source | -14,456,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -55,274,000Source | -51,275,000Source | — | — |
| Investment Income, InterestUSD | 1,907,000Source | 3,158,000Source | 4,485,000Source | — |
| Nonoperating Income (Expense)USD | -43,827,000Source | -36,861,000Source | -39,418,000Source | 3,874,000Source |
| Operating ExpensesUSD | 117,437,000Source | 148,042,000Source | 130,319,000Source | 109,910,000Source |
| Research and Development ExpenseUSD | 17,813,000Source | 18,627,000Source | 19,217,000Source | 14,187,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 390,300,000Source | — | 339,337,000Source | 321,142,000Source |
| Selling and Marketing ExpenseUSD | 48,381,000Source | 59,382,000Source | 67,806,000Source | 53,937,000Source |