Tucows Past Earnings Performance
Past criteria checks 0/6
Tucows's earnings have been declining at an average annual rate of -81.3%, while the IT industry saw earnings growing at 13.8% annually. Revenues have been declining at an average rate of 0.9% per year.
Key information
-81.3%
Earnings growth rate
-81.2%
EPS growth rate
| IT Industry Growth | -3.5% |
| Revenue growth rate | -0.9% |
| Return on equity | -974.1% |
| Net Margin | -28.3% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Tucows makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 339 | -96 | 101 | 19 |
| 30 Sep 23 | 331 | -86 | 98 | 18 |
| 30 Jun 23 | 322 | -71 | 93 | 16 |
| 31 Mar 23 | 320 | -44 | 89 | 15 |
| 31 Dec 22 | 321 | -28 | 85 | 14 |
| 30 Sep 22 | 325 | -16 | 80 | 14 |
| 30 Jun 22 | 323 | -7 | 74 | 15 |
| 31 Mar 22 | 315 | -2 | 68 | 15 |
| 31 Dec 21 | 304 | 3 | 62 | 14 |
| 30 Sep 21 | 293 | 7 | 56 | 13 |
| 30 Jun 21 | 291 | 7 | 54 | 13 |
| 31 Mar 21 | 298 | 5 | 54 | 13 |
| 31 Dec 20 | 311 | 6 | 55 | 12 |
| 30 Sep 20 | 326 | 9 | 53 | 11 |
| 30 Jun 20 | 340 | 13 | 53 | 10 |
| 31 Mar 20 | 342 | 15 | 52 | 10 |
| 31 Dec 19 | 337 | 15 | 52 | 10 |
| 30 Sep 19 | 337 | 14 | 53 | 10 |
| 30 Jun 19 | 332 | 15 | 53 | 10 |
| 31 Mar 19 | 329 | 16 | 51 | 9 |
| 31 Dec 18 | 346 | 17 | 51 | 9 |
| 30 Sep 18 | 351 | 24 | 48 | 9 |
| 30 Jun 18 | 353 | 22 | 47 | 8 |
| 31 Mar 18 | 356 | 24 | 45 | 8 |
| 31 Dec 17 | 329 | 22 | 43 | 7 |
| 30 Sep 17 | 288 | 14 | 41 | 6 |
| 30 Jun 17 | 252 | 15 | 38 | 6 |
| 31 Mar 17 | 215 | 14 | 35 | 5 |
| 31 Dec 16 | 190 | 16 | 32 | 4 |
| 30 Sep 16 | 186 | 16 | 30 | 5 |
| 30 Jun 16 | 180 | 15 | 29 | 4 |
| 31 Mar 16 | 176 | 13 | 29 | 5 |
| 31 Dec 15 | 172 | 11 | 28 | 5 |
| 30 Sep 15 | 166 | 10 | 27 | 4 |
| 30 Jun 15 | 161 | 10 | 27 | 4 |
| 31 Mar 15 | 154 | 9 | 25 | 4 |
| 31 Dec 14 | 147 | 6 | 23 | 4 |
| 30 Sep 14 | 142 | 5 | 23 | 4 |
| 30 Jun 14 | 139 | 5 | 22 | 4 |
| 31 Mar 14 | 134 | 5 | 21 | 4 |
| 31 Dec 13 | 130 | 4 | 20 | 4 |
| 30 Sep 13 | 127 | 4 | 18 | 4 |
| 30 Jun 13 | 120 | 3 | 17 | 4 |
Quality Earnings: TC is currently unprofitable.
Growing Profit Margin: TC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TC is unprofitable, and losses have increased over the past 5 years at a rate of 81.3% per year.
Accelerating Growth: Unable to compare TC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TC is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (2.5%).
Return on Equity
High ROE: TC has a negative Return on Equity (-974.15%), as it is currently unprofitable.