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Tucows Inc. TCX
Technology - Software - Infrastructure - NASDAQ - CA
Watchlist
$ 19.39
2.41 %
$ 214 M
Market Cap
-2.18
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one TCX stock under the worst case scenario is HIDDEN Compared to the current market price of 19.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one TCX stock under the base case scenario is HIDDEN Compared to the current market price of 19.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one TCX stock under the best case scenario is HIDDEN Compared to the current market price of 19.4 USD, Tucows Inc. is HIDDEN

TCX Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart TCX

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1M 2%
6M 19%
1Y -7.0%
3Y -116.0%
5Y -204%
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$14.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
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%
94.6 M REVENUE
1.62%
Growth Rates
1Year 6.76%
3Years 5.98%
5Years 1.45%
7Years 1.37%
10Years 9.39%
-2.03 M OPERATING INCOME
93.19%
Growth Rates
1Year -2.14%
3Years -99.52%
5Years -26.32%
7Years -19.11%
10Years -22.72%
-15.1 M NET INCOME
64.37%
Growth Rates
1Year -14.20%
3Years -222.87%
5Years -52.08%
7Years -28.93%
10Years -33.69%
-11.3 M OPERATING CASH FLOW
-134.64%
Growth Rates
1Year -313.85%
3Years -18.55%
5Years -8.29%
7Years -7.13%
10Years -12.42%
-4.47 M INVESTING CASH FLOW
59.81%
Growth Rates
1Year 38.98%
3Years 17.87%
5Years 5.78%
7Years 7.03%
10Years -20.28%
-2.5 M FINANCING CASH FLOW
-29.27%
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 508 M
Other Non-Current Liabilities 146 M
21.14 %59.47 %17.13 %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
249 K USD 1
3-6 MONTHS
254 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
Find Out Why Tucows' Stock Price Increases 22.6% in a Month Revamped operations, rising software demand and disciplined capital use are fueling TCX's momentum, with each business unit showing signs of stronger margins and long-term scalability. zacks.com - 1 week ago
Tucows Announces Appointment of Board Chair, Vice Chair and Committee Leadership Following 2025 AGM TORONTO , June 2, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced the appointment of Laurenz Nienaber as Chair of the Board of Directors and Jeffrey Tory as Independent Vice Chair, following the election of a new and returning slate of directors at the company's Annual General Meeting on May 20, 2025. In its first meetings, held in the days following the AGM, the newly constituted Board established its committee leadership and governance structure, reaffirming its commitment to proactive oversight and long-term value creation for Tucows shareholders. prnewswire.com - 2 weeks ago
Diverse, High-Impact Board Elected to Guide Next Phase of Growth for Tucows TORONTO , May 21, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX), (TSX: TC) announced that eight director nominees were elected to its Board of Directors at the company's Annual General Meeting held yesterday. The newly constituted Board brings a broad range of expertise across finance, technology, data analytics, and entrepreneurship—providing strategic leadership to help guide Tucows' next chapter of growth and innovation. prnewswire.com - 3 weeks ago
Tucows Reports Strong Y/Y Earnings & Revenue Increases in Q1 TCX posts 8% revenue growth and a 225% EBITDA upsurge in Q1, a narrowing net loss and strong gains across all business segments. zacks.com - 1 month ago
Tucows, Inc (TCX) Q1 2025 Earnings Call Transcript Tucows, Inc (NASDAQ:TCX ) Q1 2025 Results Conference Call May 8, 2025 5:30 PM ET Company Participants Monica Webb - Senior Director, IR Elliot Noss - President & CEO Dave Woroch - CEO, Tucows Domains Justin Reilly - CEO, Wavelo Ivan Ivanov - CFO Monica Webb Welcome to Tucows' first quarter 2025 management commentary. We have prerecorded prepared remarks regarding the quarter and outlook for the company. seekingalpha.com - 1 month ago
Tucows Delivers Strong Q1 with Gains in Revenue, Gross Profit and Adjusted EBITDA TORONTO , May 8, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its unaudited financial results for the first quarter ended March 31, 2025. All figures are in U.S. dollars. prnewswire.com - 1 month ago
Tucows Announces Timing for Q1 2025 Financial Results News Release and Management Commentary TORONTO , April 24, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the first quarter ended March 31, 2025, via news release on Thursday, May 8, 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 - 1 month ago
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 - 2 months 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 - 3 months 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 - 3 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 - 3 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 - 4 months ago
8. Profile Summary

Tucows Inc. TCX

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COUNTRY CA
INDUSTRY Software - Infrastructure
MARKET CAP $ 214 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 Jessica Maciazek Manager of Corporate Communications Ms. Monica Webb Senior Director of Investor Relations Ms. Jenn Didine Vice President of People Mr. Bret Fausett Chief Legal Officer & Vice President of Regulatory Affairs Mr. David Woroch Chief Executive Officer of Tucows Domains Services Mr. Ivan Ivanov Chief Financial Officer, Secretary &Treasurer Mr. Michael Cooperman Senior Advisor Mr. Justin Reilly Chief Executive Officer of Wavelo Mr. Elliot Noss President, Chief Executive Officer & Director