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 14.2% 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	22.4%
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

Tucows Inc. (NASDAQ:TCX) Held Back By Insufficient Growth Even After Shares Climb 25%

Dec 28

Jessica Johannson Is The Chief People Officer of Tucows Inc. (NASDAQ:TCX) And They Just Sold 100% Of Their Shares

Feb 22

How Much Of Tucows Inc. (NASDAQ:TCX) Do Insiders Own?

Feb 16

If You Had Bought Tucows (NASDAQ:TCX) Shares Five Years Ago You'd Have Earned 298% Returns

Feb 01

Has Tucows (NASDAQ:TCX) Got What It Takes To Become A Multi-Bagger?

Jan 15

Are Tucows's (NASDAQ:TCX) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 31

Have Tucows Inc. (NASDAQ:TCX) Insiders Been Selling Their Stock?

Dec 18

We Think Tucows (NASDAQ:TCX) Is Taking Some Risk With Its Debt

Dec 15

The Chief People Officer of Tucows Inc. (NASDAQ:TCX), Jessica Johannson, Just Sold 50% Of Their Holding

Dec 02

Read This Before Judging Tucows Inc.'s (NASDAQ:TCX) ROE

Nov 30

Revenue & Expenses Breakdown
Beta

How Tucows makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:TCX Revenue, expenses and earnings (USD Millions)
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: TCX is currently unprofitable.

Growing Profit Margin: TCX is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TCX is unprofitable, and losses have increased over the past 5 years at a rate of 81.3% per year.

Accelerating Growth: Unable to compare TCX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TCX is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (0.4%).

Return on Equity

High ROE: TCX has a negative Return on Equity (-974.15%), as it is currently unprofitable.

Tucows Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Tucows Inc. to Report Q1, 2024 Results on May 09, 2024

Full year 2023 earnings released: US$8.86 loss per share (vs US$2.56 loss in FY 2022)

Tucows Inc. to Report Q4, 2023 Results on Feb 22, 2024

Third quarter 2023 earnings released: US$2.09 loss per share (vs US$0.74 loss in 3Q 2022)

Tucows Inc. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: US$2.86 loss per share (vs US$0.29 loss in 2Q 2022)

Recent updates

Tucows Inc. to Report Q1, 2024 Results on May 09, 2024

Tucows Inc. announced delayed annual 10-K filing

Tucows Inc. announced delayed annual 10-K filing

President notifies of intention to sell stock

Full year 2023 earnings released: US$8.86 loss per share (vs US$2.56 loss in FY 2022)

Tucows Inc. (NasdaqCM:TCX) announces an Equity Buyback for $40 million worth of its shares.

Tucows Inc. to Report Q4, 2023 Results on Feb 22, 2024

Tucows Inc. (NASDAQ:TCX) Held Back By Insufficient Growth Even After Shares Climb 25%

President notifies of intention to sell stock

Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?

Independent Chairman recently bought US$249k worth of stock

Third quarter 2023 earnings released: US$2.09 loss per share (vs US$0.74 loss in 3Q 2022)

Tucows Inc. to Report Q3, 2023 Results on Nov 02, 2023

Tucows Inc. Announces Board Changes

Second quarter 2023 earnings released: US$2.86 loss per share (vs US$0.29 loss in 2Q 2022)

Tucows Inc. to Report Q2, 2023 Results on Aug 03, 2023

Tucows Inc.(NasdaqCM:TCX) dropped from Russell 2000 Growth-Defensive Index

Tucows Inc., Annual General Meeting, Sep 07, 2023

Tucows Inc. Announces Brad Burnham Not to Seek Reelection as Board Member

Tucows Inc. Reports Impairment of Property and Equipment for the First Quarter Ended March 31, 2023

First quarter 2023 earnings released: US$1.77 loss per share (vs US$0.28 loss in 1Q 2022)

Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?

Full year 2022 earnings released: US$2.56 loss per share (vs US$0.32 profit in FY 2021)

Full year 2022 earnings released: US$2.56 loss per share (vs US$0.32 profit in FY 2021)

Blacksheep Fund Management Engages in Further Discussions with Tucows

Tucows Inc. to Report Q4, 2022 Results on Feb 09, 2023

Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?

Blacksheep Fund Management Engages in Discussions with Tucows

President exercised options to buy US$320k worth of stock.

Insufficient new directors

Third quarter 2022 earnings released: US$0.74 loss per share (vs US$0.13 profit in 3Q 2021)

Tucows Inc. to Report Q3, 2022 Results on Nov 03, 2022

Insider exercised options to buy US$260k worth of stock.

CFO, Executive VP exercised options to buy US$375k worth of stock.

Second quarter 2022 earnings released: US$0.29 loss per share (vs US$0.17 profit in 2Q 2021)

Tucows' Ting Fiber secures up to $200M financing to expand communications infra

Tucows Inc., Annual General Meeting, Sep 08, 2022

Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?

Ting Internet, a division of Tucows Inc. to Bring Next-Generation Fiber Internet to Alexandria, Virginia

First quarter 2022 earnings released: US$0.28 loss per share (vs US$0.20 profit in 1Q 2021)

Insufficient new directors

Tucows Inc. to Report Q1, 2022 Results on May 05, 2022

Tucows Inc. (NasdaqCM:TCX) announces an Equity Buyback for $40 million worth of its shares.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Tucows Inc. to Report Q4, 2021 Results on Feb 10, 2022

President exercised options to buy US$814k worth of stock.

Chief Revenue Officer of Ting exercised options to buy US$207k worth of stock.

Chief Revenue Officer of Ting exercised options to buy US$214k worth of stock.

Insufficient new directors

Executive Vice President of Domains exercised options to buy US$448k worth of stock.

Third quarter 2021 earnings released: EPS US$0.13 (vs US$0.068 in 3Q 2020)

Is Tucows (NASDAQ:TCX) Using Too Much Debt?

President notifies of intention to sell stock

President recently sold US$775k worth of stock

Independent Director Rawleigh Ralls has left the company

This Is Why Tucows Inc.'s (NASDAQ:TCX) CEO Compensation Looks Appropriate

Independent Director exercised options to buy US$277k worth of stock.

Chief Legal Officer & General Counsel recently bought US$166k worth of stock

Second quarter 2021 earnings released: EPS US$0.17 (vs US$0.015 in 2Q 2020)

Chief People Officer recently sold US$63k worth of stock

Executive Vice President of Domains recently sold US$315k worth of stock

Independent Co-Chair exercised options to buy US$799k worth of stock.

First quarter 2021 earnings released: EPS US$0.20 (vs US$0.27 in 1Q 2020)

Tucows Inc. Announces Impairment Charges for the Three Months Ended March 31, 2021

Tucows reports Q1 results

Be Wary Of Tucows (NASDAQ:TCX) And Its Returns On Capital

Tucows (NASDAQ:TCX) Takes On Some Risk With Its Use Of Debt

Should Tucows Inc. (NASDAQ:TCX) Focus On Improving This Fundamental Metric?

Full year 2020 earnings released: EPS US$0.55 (vs US$1.45 in FY 2019)

Revenue & Expenses Breakdown
Beta