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Tucows Inc. TCX
Technology - Software - Infrastructure - NASDAQ - CA
Watchlist
$ 16.42
-1.58 %
$ 181 M
Market Cap
-1.62
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TCX stock under the worst case scenario is HIDDEN Compared to the current market price of 16.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TCX stock under the base case scenario is HIDDEN Compared to the current market price of 16.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one TCX stock under the best case scenario is HIDDEN Compared to the current market price of 16.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart TCX

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1M -4%
6M -19%
1Y -12%
3Y -246%
5Y -218.0%
All
$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
362 M REVENUE
6.76%
Growth Rates
1Year 6.76%
3Years 5.98%
5Years 1.45%
7Years 1.37%
10Years 9.39%
-65 M OPERATING INCOME
-2.14%
Growth Rates
1Year -2.14%
3Years -99.52%
5Years -26.32%
7Years -19.11%
10Years -22.72%
-110 M NET INCOME
-14.20%
Growth Rates
1Year -14.20%
3Years -222.87%
5Years -52.08%
7Years -28.93%
10Years -33.69%
-19.7 M OPERATING CASH FLOW
-313.85%
Growth Rates
1Year -313.85%
3Years -18.55%
5Years -8.29%
7Years -7.13%
10Years -12.42%
-56.5 M INVESTING CASH FLOW
38.98%
Growth Rates
1Year 38.98%
3Years 17.87%
5Years 5.78%
7Years 7.03%
10Years -20.28%
44.5 M FINANCING CASH FLOW
-75.12%
Growth Rates
1Year -75.12%
3Years -15.26%
5Years 0.47%
7Years -5.30%
10Years 29.05%
93.1 M REVENUE
0.87%
Growth Rates
1Year 6.76%
3Years 5.98%
5Years 1.45%
7Years 1.37%
10Years 9.39%
-29.8 M OPERATING INCOME
-197.10%
Growth Rates
1Year -2.14%
3Years -99.52%
5Years -26.32%
7Years -19.11%
10Years -22.72%
-42.5 M NET INCOME
-90.50%
Growth Rates
1Year -14.20%
3Years -222.87%
5Years -52.08%
7Years -28.93%
10Years -33.69%
-4.8 M OPERATING CASH FLOW
-5.06%
Growth Rates
1Year -313.85%
3Years -18.55%
5Years -8.29%
7Years -7.13%
10Years -12.42%
-11.1 M INVESTING CASH FLOW
25.81%
Growth Rates
1Year 38.98%
3Years 17.87%
5Years 5.78%
7Years 7.03%
10Years -20.28%
-1.93 M FINANCING CASH FLOW
-3.31%
Growth Rates
1Year -75.12%
3Years -15.26%
5Years 0.47%
7Years -5.30%
10Years 29.05%
Balance Sheet Tucows Inc.
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Current Assets 205 M
Cash & Short-Term Investments 56.9 M
Receivables 21.1 M
Other Current Assets 127 M
Non-Current Assets 553 M
Long-Term Investments 2.01 M
PP&E 367 M
Other Non-Current Assets 185 M
7.50 %2.78 %16.79 %48.33 %24.34 %Total Assets$758.8m
Current Liabilities 200 M
Accounts Payable 9.01 M
Short-Term Debt 10.3 M
Other Current Liabilities 181 M
Non-Current Liabilities 654 M
Long-Term Debt 314 M
Other Non-Current Liabilities 341 M
21.14 %36.71 %39.89 %Total Liabilities$854.1m
EFFICIENCY
Earnings Waterfall Tucows Inc.
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Revenue 362 M
Cost Of Revenue 279 M
Gross Profit 83 M
Operating Expenses 148 M
Operating Income -65 M
Other Expenses 44.8 M
Net Income -110 M
400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)362m(279m)83m(148m)(65m)(45m)(110m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
22.92% GROSS MARGIN
22.92%
Averages
1Year 22.92%
3Years 26.45%
5Years 26.51%
7Years 27.20%
10Years 28.01%
-17.95% OPERATING MARGIN
-17.95%
Averages
1Year -17.95%
3Years -15.49%
5Years -9.39%
7Years -4.25%
10Years 0.21%
-30.33% NET MARGIN
-30.33%
Averages
1Year -30.33%
3Years -22.42%
5Years -12.86%
7Years -7.83%
10Years -3.30%
115.28% ROE
115.28%
Averages
1Year 115.28%
3Years -295.80%
5Years -175.79%
7Years -120.16%
10Years -71.84%
-14.48% ROA
-14.48%
Averages
1Year -14.48%
3Years -10.22%
5Years -5.75%
7Years -2.87%
10Years 0.55%
-12.32% ROIC
-12.32%
Averages
1Year -12.32%
3Years -9.53%
5Years -5.67%
7Years -1.66%
10Years 4.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tucows Inc.
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20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -110 M
Depreciation & Amortization 45.6 M
Capital Expenditures -56.5 M
Stock-Based Compensation 7.02 M
Change in Working Capital 4 M
Others 34.9 M
Free Cash Flow -76.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tucows Inc.
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TCX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 5
6. Ownership
Insider Ownership Tucows Inc.
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Sold
0-3 MONTHS
251 K USD 1
3-6 MONTHS
99.6 K USD 1
6-9 MONTHS
654 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Tucows Announces Director Nominations and Honors Departing Board Members TORONTO , April 10, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX, TSX: TC) today announced the nomination of five new individuals for election to its Board of Directors' slate at the company's upcoming Annual Meeting of Shareholders, as outlined in the 2025 Proxy Statement filed today. The newly-nominated directors—Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory, and Stephan Uhrenbacher—bring a breadth of experience across finance, technology, marketing, and entrepreneurship, and are eager to help guide Tucows through its next chapter of growth and innovation. prnewswire.com - 3 weeks ago
Tucows issues amendment to Q4 2024 earnings TORONTO , March 13, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ:TCX) (TSX:TC), a global internet services leader, today reported an amendment to its unaudited financial results for the fourth quarter and full year ended December 31, 2024. All figures are in U.S. dollars. prnewswire.com - 1 month ago
Tucows' Liquidity Squeeze Made It Stop CAPEX, The Name Is Very Risky Tucows faces severe liquidity issues, reducing fiber build-out to save cash, indicating significant financial stress and risk of operational sustainability without new financing. The company projects $56 million in adjusted EBITDA for the year, insufficient to cover interest and other expenses. The unique earnings call format with pre-recorded responses and lack of transparency further complicates investor confidence and understanding of financial health. seekingalpha.com - 2 months ago
Tucows Reports Narrower Y/Y Loss & 7% Revenue Increase in Q4 TCX reports 7% y/y revenue growth in the fourth quarter of 2024, with adjusted EBITDA skyrocketing 403%. The net loss widens due to restructuring and impairment charges. zacks.com - 2 months ago
Tucows, Inc. (TCX) Q4 2024 Earnings Call Transcript Tucows, Inc. (NASDAQ:TCX ) Q4 2024 Results Conference Call February 13, 2025 5:30 PM ET Company Participants Monica Webb - Senior Director, IR Elliot Noss - President & CEO David Woroch - CEO, Tucows Domains Justin Reilly - CEO, Wavelo Ivan Ivanov - CFO Monica Webb Welcome to Tucows' fourth quarter 2024 management commentary. We have prerecorded prepared remarks regarding the quarter and outlook for the Company. seekingalpha.com - 2 months ago
Tucows delivers on 2024 Adjusted EBITDA guidance and fourth consecutive year of revenue growth TORONTO , Feb. 13, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2024. All figures are in U.S. dollars. prnewswire.com - 2 months ago
Tucows Announces $40 Million Stock Buyback Program TORONTO , Feb. 13, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time if and as appropriate, up to $40 million of its common stock in the open market. The new $40 million buyback program will commence February 14, 2025 and will terminate on or before February 13, 2026. prnewswire.com - 2 months ago
Wavelo Secures Four-Year Contract Renewal with EchoStar New contract extends partnership between Wavelo and inaugural customer, EchoStar's Boost Mobile TORONTO , Feb. 3, 2025 /PRNewswire/ - Wavelo—a global leader in event-driven software solutions for telecom—has renewed a four-year contract to provide its innovative solutions for EchoStar's Boost Mobile–a wireless carrier that stands for consumer choice, delivering simpler, more flexible plans and a reliable Boost Mobile Network, offering 99% coverage across the U.S. at the best value. The new contract extends the partnership forged in 2020 when Wavelo launched as a cloud-based software platform that empowers telecom providers with flexible, scalable solutions for network and subscriber management. prnewswire.com - 2 months ago
Tucows Announces Timing for Q4 2024 Financial Results News Release and Management Commentary TORONTO , Jan. 30, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the fourth quarter ended December 31, 2024, via news release on Thursday, February 13, 2025 at 5:05 p.m. ET. Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. prnewswire.com - 3 months ago
Tucows, Inc. (TCX) Q3 2024 Earnings Call Transcript Tucows, Inc. (NASDAQ:TCX ) Q3 2024 Earnings Conference Call November 7, 2024 5:05 PM ET Company Participants Monica Webb - Senior Director, IR Elliot Noss - President & CEO David Woroch - CEO, Tucows Domains Justin Reilly - CEO, Wavelo Ivan Ivanov - CFO Conference Call Participants Monica Webb Welcome to Tucows' Third Quarter 2024 Management Commentary. We have prerecorded prepared remarks regarding the quarter and outlook for the company. seekingalpha.com - 5 months ago
Tucows Reports Narrower Y/Y Loss in Q3 and 6.1% Revenue Increase TCX's Q3 earnings gain from the robust Ting Internet Services and Domain Services segments. zacks.com - 5 months ago
Tucows Reports Financial Results for Third Quarter 2024 TORONTO , Nov. 7, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the third quarter ended September 30, 2024. All figures are in U.S. dollars. prnewswire.com - 5 months ago
8. Profile Summary

Tucows Inc. TCX

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COUNTRY CA
INDUSTRY Software - Infrastructure
MARKET CAP $ 181 M
Dividend Yield 0.00%
Description Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through three segments: Fiber Internet Services, Mobile Services, and Domain Services. The Fiber Internet Services segment provides fixed high-speed Internet access services to individuals and small businesses primarily through the Ting website, and other billing solutions to small internet service providers. The Mobile Services segment offers mobile phones and retail telephony services; and professional services, including implementation, training, consulting, and software development and modification services, as well as operates Mobile Services Enabler platform that provides network access, provisioning, and billing services. The Domain Services segment provides wholesale and retail domain name registration services; portfolio services; and value-added services, such as hosted email, Internet security services, Internet hosting, WHOIS privacy, publishing tools, and other value-added services for end-users under the OpenSRS, eNom, Ascio, and Hover brands. The company was formerly known as Infonautics, Inc. and changed its name to Tucows Inc. in August 2001. Tucows Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.
Contact 96 Mowat Avenue, Toronto, ON, M6K 3M1 https://www.tucows.com
IPO Date April 30, 1996
Employees 765
Officers Mr. David Woroch Chief Executive Officer of Tucows Domains Services Mr. Justin Reilly Chief Executive Officer of Wavelo Ms. Jenn Didine Vice President of People Mr. Bret Fausett Chief Legal Officer & Vice President of Regulatory Affairs Ms. Monica Webb Senior Director of Investor Relations Mr. Michael Cooperman Senior Advisor Mr. Ivan Ivanov Chief Financial Officer, Secretary &Treasurer Madeleine Stoesser Senior Manager of Corporate Communications Mr. Elliot Noss President, Chief Executive Officer & Director