TCX - Tucows Inc Stock Price, Fair Value and News

17.92USD+0.32 (+1.82%)Market Closed

Market Summary

USD17.92+0.32

Market Closed

1.82%

TCX Stock Price

View Fullscreen

TCX RSI Chart

TCX Valuation

Market Cap

195.8M

Price/Earnings (Trailing)

-2.04

Price/Sales (Trailing)

0.58

EV/EBITDA

-1.01

Price/Free Cashflow

-2.02

TCX Price/Sales (Trailing)

TCX Profitability

Operating Margin

19.65%

EBT Margin

-30.37%

Return on Equity

-974.15%

Return on Assets

-12.05%

Free Cashflow Yield

-49.44%

TCX Fundamentals

TCX Revenue

Revenue (TTM)

339.3M

Rev. Growth (Yr)

10.2%

Rev. Growth (Qtr)

-0.01%

TCX Earnings

Earnings (TTM)

-96.2M

Earnings Growth (Yr)

-73.85%

Earnings Growth (Qtr)

-2.64%

Breaking Down TCX Revenue

Last 7 days

2.4%

Last 30 days

1.6%

Last 90 days

-21.4%

Trailing 12 Months

-18.9%

How does TCX drawdown profile look like?

TCX Financial Health

Current Ratio

1.21

TCX Investor Care

Shares Dilution (1Y)

0.90%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	320.5M	322.4M	331.3M	339.3M
2022	314.6M	322.6M	324.7M	321.1M
2021	298.1M	291.1M	292.6M	304.3M
2020	342.2M	340.2M	326.4M	311.2M
2019	329.2M	332.2M	336.8M	337.1M
2018	355.6M	352.5M	351.0M	346.0M
2017	220.7M	251.7M	287.6M	329.4M
2016	0	177.9M	183.9M	189.8M
2015	152.6M	159.9M	165.3M	172.0M
2014	134.4M	138.8M	142.0M	146.5M
2013	117.2M	120.2M	126.6M	129.9M
2012	102.0M	107.2M	111.3M	114.7M
2011	86.7M	88.9M	92.8M	97.1M
2010	0	82.2M	83.4M	84.6M
2009	0	0	0	80.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Tucows Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	noss elliot	sold	-95,375	18.43	-5,175	chief executive officer
Mar 06, 2024	noss elliot	sold	-3,626	18.13	-200	chief executive officer
Mar 05, 2024	noss elliot	sold	-142,516	18.04	-7,900	chief executive officer
Mar 04, 2024	noss elliot	sold	-102,028	18.2193	-5,600	chief executive officer
Dec 21, 2023	noss elliot	sold	-249,795	23.79	-10,500	chief executive officer
Nov 06, 2023	chase robin	bought	249,375	19.95	12,500	-
Aug 14, 2023	noss elliot	acquired	-	-	3,890	chief executive officer
Aug 14, 2023	woroch david john	sold (taxes)	-11,856	20.91	-567	ceo tucows domains services
Aug 14, 2023	fausett bret	acquired	-	-	1,690	chief legal officer & vp
Aug 14, 2023	koenig michael alan	acquired	-	-	1,362	chief operating officer

Which funds bought or sold TCX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-68.98	-23,000	6,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	34,176	140,022	-%
Apr 05, 2024	GAMMA Investing LLC	new	-	891	891	-%
Apr 05, 2024	CWM, LLC	added	1.41	-1,000	3,000	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.06	4,861,010	18,744,200	-%
Mar 01, 2024	INVESTMENTAKTIENGESELLSCHAFT FUER LANGFRISTIGE INVESTOREN TGV	added	1.02	13,520,000	53,719,000	3.96%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	103	1,041,670	1,658,340	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.4	32,120	133,272	-%
Feb 15, 2024	Legal & General Group Plc	added	9.39	8,166	26,433	-%
Feb 15, 2024	BARCLAYS PLC	added	693	332,000	367,000	-%

Are Funds Buying or Selling TCX?

Are funds buying TCX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TCX

No. of Funds

Unveiling Tucows Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	edgepoint investment group inc.	19.3%	2,106,165	SC 13G/A
Feb 13, 2024	investmentaktiengesellschaft fuer langfristige investoren tgv	18.5%	2,013,932	SC 13G/A
Feb 13, 2024	investmentaktiengesellschaft fuer langfristige investoren tgv	18.5%	2,013,932	SC 13G/A
Feb 13, 2024	vanguard group inc	6.37%	694,231	SC 13G/A
Jan 29, 2024	blackrock inc.	6.5%	706,631	SC 13G/A
Jan 17, 2024	blacksheep fund management ltd	8.4%	915,154	SC 13G/A
Feb 13, 2023	edgepoint investment group inc.	15.4%	1,666,019	SC 13G/A
Feb 09, 2023	vanguard group inc	5.70%	615,568	SC 13G
Feb 07, 2023	blacksheep fund management ltd	9.1%	981,230	SC 13D/A
Feb 01, 2023	blackrock inc.	6.2%	668,308	SC 13G/A

Recent SEC filings of Tucows Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Apr 01, 2024	10-K	Annual Report
Apr 01, 2024	144	Notice of Insider Sale Intent
Mar 15, 2024	NT 10-K	NT 10-K
Mar 06, 2024	4	Insider Trading
Mar 04, 2024	144	Notice of Insider Sale Intent
Feb 28, 2024	4	Insider Trading
Feb 26, 2024	8-K	Current Report
Feb 26, 2024	8-K	Current Report

Peers (Alternatives to Tucows Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	227.6B	-3.26%	48.52%	36.82	13.36	11.51%	22.38%
ADBE	213.7B	19.9B	-5.94%	29.09%	44.52	10.72	10.76%	1.35%
CRWD	71.0B	3.1B	-8.36%	143.65%	795.09	23.24	36.33%	148.75%
SQ	45.1B	21.9B	-10.40%	21.36%	6.6K	2.06	25.01%	101.26%
AKAM	15.5B	3.8B	-5.87%	28.59%	28.28	4.06	5.40%	4.57%
FFIV	10.7B	2.8B	-3.28%	39.96%	23.26	3.82	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-1.09%	20.64%	-753.5	10.98	7.07%	79.45%
HCP	6.1B	583.1M	16.67%	18.16%	-31.94	10.44	22.54%	30.49%
ACIW	3.5B	1.5B	3.93%	37.78%	29.19	2.44	2.16%	-14.54%
APPN	2.7B	545.4M	-3.32%	2.15%	-24.05	4.91	16.53%	26.16%
SMALL-CAP
CSGS	1.5B	1.2B	-1.77%	-3.02%	21.41	1.25	7.30%	93.18%
ATEN	1.0B	251.7M	0.22%	-3.65%	25.57	4.06	-10.22%	-14.79%
BAND	472.6M	601.1M	0.11%	49.27%	-28.91	0.79	4.88%	-183.51%
DTSS	19.5M	7.0M	12.74%	-51.84%	-2.27	2.91	-55.73%	-45.27%
BLIN	13.4M	15.6M	22.86%	44.94%	-1.35	0.86	-6.37%	-5256.07%

Tucows Inc News

Latest updates

Tucows Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.0%	87.00	87.00	85.00	80.00	79.00	78.00	83.00	81.00	82.00	76.00	75.00	71.00	71.00	74.00	82.00	84.00	86.00	88.00	84.00	79.00	86.00
Cost Of Revenue	-1.5%	69.00	70.00	67.00	66.00	62.00	60.00	61.00	60.00	58.00	58.00	57.00	53.00	53.00	54.00	59.00	59.00	60.00	61.00	60.00	56.00	58.00
Gross Profit	6.4%	18.00	17.00	18.00	14.00	17.00	18.00	22.00	21.00	25.00	18.00	18.00	17.00	17.00	20.00	23.00	25.00	26.00	28.00	25.00	23.00	28.00
Operating Expenses	0.0%	34.00	34.00	31.00	31.00	30.00	27.00	26.00	26.00	26.00	21.00	20.00	19.00	19.00	19.00	21.00	20.00	16.00	19.00	19.00	18.00	17.00
S&GA Expenses	8.4%	19.00	17.00	16.00	16.00	15.00	14.00	14.00	12.00	12.00	10.00	9.00	8.00	8.00	8.00	9.00	9.00	8.00	9.00	9.00	9.00	8.00
R&D Expenses	3.8%	5.00	5.00	5.00	5.00	4.00	3.00	3.00	4.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	3.00	3.00	3.00	2.00
EBITDA Margin	21.4%	-0.30*	-0.38*	-0.33*	-0.21*	-0.13*	-0.07*	-0.03*	-0.01*	0.01*	0.02*	0.03*	0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	100.0%	-	-10.74	-10.50	-7.88	-5.90	-4.34	-2.42	-1.80	-1.51	-1.17	-1.00	-0.94	-0.85	-0.76	-0.85	-1.15	-1.22	-1.26	-1.31	-0.97	-0.93
Income Taxes	-60.1%	-1.32	-0.82	-3.02	-1.71	-1.01	-1.03	1.00	1.00	3.00	-0.30	-0.10	1.00	3.00	1.00	0.00	1.00	3.00	3.00	2.00	1.00	5.00
Earnings Before Taxes	-4.6%	-24.69	-23.59	-33.99	-20.79	-14.45	-9.01	-2.39	-1.94	1.00	1.00	2.00	3.00	5.00	2.00	1.00	4.00	9.00	7.00	4.00	4.00	10.00
EBT Margin	-8.4%	-0.30*	-0.28*	-0.24*	-0.15*	-0.09*	-0.04*	-0.01*	0.01*	0.02*	0.04*	0.04*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	-2.6%	-23.37	-22.77	-30.97	-19.08	-13.44	-7.98	-3.12	-3.02	-1.97	1.00	2.00	2.00	2.00	1.00	0.00	3.00	6.00	4.00	3.00	3.00	4.00
Net Income Margin	-8.9%	-0.28*	-0.26*	-0.22*	-0.14*	-0.09*	-0.05*	-0.02*	-0.01*	0.01*	0.03*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	81.1%	-5.58	-29.51	-24.74	-37.00	-33.79	-47.68	-17.71	-17.65	-12.54	-13.00	-18.14	0.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.9%	798	814	843	682	665	645	595	563	540	493	484	464	452	445	442	438	426	419	414	405	340
Current Assets	-8.8%	243	266	309	168	170	172	153	154	147	144	146	142	141	139	142	136	146	147	150	146	132
Cash Equivalents	-16.3%	93.00	111	148	12.00	23.00	7.00	7.00	6.00	9.00	6.00	7.00	8.00	8.00	10.00	9.00	12.00	20.00	12.00	12.00	11.00	13.00
Inventory	-12.9%	7.00	8.00	8.00	7.00	7.00	6.00	5.00	4.00	3.00	3.00	3.00	2.00	2.00	1.00	1.00	3.00	3.00	4.00	3.00	3.00	4.00
Net PPE	2.7%	340	331	319	304	281	254	225	191	173	155	144	130	118	110	101	94.00	82.00	72.00	64.00	55.00	48.00
Goodwill	0%	130	130	130	130	130	130	130	130	130	-	116	116	116	116	116	116	110	110	110	20.00	90.00
Current Liabilities	6.9%	201	188	194	192	188	186	424	183	174	168	171	172	163	165	165	163	157	166	166	192	165
Shareholder's Equity	-67.1%	10.00	30.00	51.00	80.00	97.00	106	114	115	115	113	111	107	105	100	97.00	95.00	94.00	87.00	87.00	83.00	80.00
Retained Earnings	-138.1%	-40.30	-16.92	6.00	37.00	56.00	69.00	77.00	80.00	83.00	85.00	84.00	82.00	80.00	78.00	77.00	77.00	76.00	70.00	66.00	64.00	61.00
Additional Paid-In Capital	6.3%	14.00	13.00	12.00	10.00	8.00	5.00	4.00	4.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	-	1.00	0.00	4.00	4.00	4.00
Shares Outstanding	0.2%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	284	-	-	-	284	-	-	-	439	-	-	-	577	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	229.8%	9,003	-6,936	-1,587	-5,251	2,901	-1,008	12,576	5,407	10,542	1,492	3,518	14,086	1,637	11,432	8,939	14,073	13,196	11,215	6,979	8,991	10,668
Share Based Compensation	-33.8%	1,528	2,308	2,052	2,246	3,203	1,569	1,436	1,391	1,235	1,126	1,209	1,022	1,054	1,016	847	801	836	830	685	525	670
Cashflow From Investing	35.0%	-14,692	-22,604	-23,375	-31,912	-37,357	-46,676	-30,310	-23,149	-49,650	-14,494	-23,736	-14,098	-11,711	-10,636	-12,219	-18,713	-13,339	-11,346	-12,942	-38,459	-8,931
Cashflow From Financing	-53.8%	-11,750	-7,638	172,784	25,440	27,446	71,680	18,043	14,838	42,679	11,279	19,166	11.00	8,230	500	-307	-3,307	8,547	117	6,931	27,866	125
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	3,117	-	4,986	-	-	-

TCX Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net Revenues	$ 339,337	$ 321,142	$ 304,337
Cost of revenues (note 11)
Cost of revenues	202,256	196,268	193,039
Network expenses	28,222	17,433	14,769
Network, depreciation of property and equipment (note 4)	35,864	27,589	17,452
Network, amortization of intangible assets (note 5)	1,506	1,512	583
Impairment of property and equipment (note 4)	4,822	92	201
Total cost of revenues	272,670	242,894	226,044
Gross profit	66,667	78,248	78,293
Expenses:
Sales and marketing	67,806	53,937	39,471
Technical operations and development	19,217	14,187	14,310
General and administrative	33,406	30,845	22,370
Depreciation of property and equipment (note 4)	567	598	534
Loss (gain) on disposition of property and equipment	0	461	234
Amortization of intangible assets (note 5)	9,323	9,882	9,424
Gain on currency forward contracts (note 7)	0	0	(277)
Total expenses	130,319	109,910	86,066
Income from operations	(63,652)	(31,662)	(7,773)
Other income (expenses):
Interest income (expense)	(41,771)	(14,456)	(4,617)
Loss on debt extinguishment (note 14)	(14,680)	0	0
Income earned on sale of transferred assets, net (note 18)	17,033	18,507	20,030
Other expense, net	0	(177)	(370)
Total other income (expenses)	(39,418)	3,874	15,043
Income before provision for income taxes	(103,070)	(27,788)	7,270
Provision for income taxes	(6,873)	(217)	3,906
Net income (loss)	(96,197)	(27,571)	3,364
Other comprehensive income, net of tax
Unrealized income (loss) on hedging activities (note 7)	1,830	418	572
Net amount reclassified to earnings (note 7)	(886)	23	(2,565)
Other comprehensive income (loss) net of tax expense (recovery) of $299, $141 and ($595) for the years ended December 31, 2023, 2022 and 2021 (note 7)	944	441	(1,993)
Comprehensive income (loss), net of tax for the period	$ (95,253)	$ (27,130)	$ 1,371
Basic earnings (loss) per common share (note 19) (in dollars per share)	$ (8.85)	$ (2.56)	$ 0.32
Shares used in computing basic earnings per common share (note 19) (in shares)	10,864,086	10,769,280	10,662,337
Diluted earnings per common share (note 19) (in dollars per share)	$ (8.85)	$ (2.56)	$ 0.31
Shares used in computing diluted earnings per common share (note 19) (in shares)	10,864,086	10,769,280	10,817,468

TCX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 92,687	$ 23,496
Restricted cash included in funds held by trustee	3,639	0
Accounts receivable	22,206	18,404
Contract asset, net current portion	1,417	5,159
Inventory	6,786	7,284
Prepaid expenses and deposits	17,387	17,005
Derivative instrument	2,277	1,903
Deferred costs of fulfillment, current portion (note 12 (b))	95,649	94,198
Income taxes recoverable	709	2,471
Total current assets	242,757	169,920
Contract asset, net long-term portion (note 11)	0	2,328
Deferred costs of fulfillment, long-term portion (note 12(b))	15,419	16,476
Investments	2,012	2,012
Restricted cash included in secured notes reserve funds	8,652	0
Property and equipment (note 4)	339,644	281,495
Right of use operating lease asset	27,467	20,489
Contract costs (Note 12(a))	2,581	1,827
Total net book value	29,484	39,790
Total goodwill	130,410	130,410
Total Assets	798,426	664,747
Current liabilities:
Accounts payable	12,676	17,171
Accrued liabilities	35,356	22,653
Customer deposits	19,335	15,783
Derivative instrument liability, current portion (note 7)	0	389
Operating lease liability, current portion (note 13)	5,397	4,642
Deferred revenue, current portion (note 11)	126,733	122,894
Accreditation fees payable, current portion	609	809
Income taxes payable	1,235	2,248
Other current liabilities	0	1,600
Total current liabilities	201,341	188,189
Deferred revenue, long-term portion (note 11)	21,350	22,237
Accreditation fees payable, long-term portion	0	142
Operating lease liability, long-term portion (note 13)	18,255	12,438
Syndicated revolver (note 8)	210,354	238,930
Notes payable (note 9)	222,895	0
Total Redeemable preferred units	111,390	90,434
Deferred tax liability (note 10)	2,966	15,720
Stockholders' equity (note 15)
Share capital	34,373	31,868
Additional paid-in capital	14,072	8,106
Accumulated surplus (deficit)	(40,298)	55,899
Accumulated other comprehensive income	1,728	784
Total Equity	9,875	96,657
Total Liabilities and Equity	798,426	664,747
Commitments and contingencies (note 20)

About Tucows Inc

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: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services. This segment also provides billing solutions under Platypus brand. The Tucows Domains segment offers name registration and value added services under OpenSRS, eNom, Ascio, EPAG 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.

CEO	Mr. Elliot Noss
WEBSITE	tucows.com
INDUSTRY	Software - Infra
EMPLOYEES	1020

Tucows Inc Frequently Asked Questions

What is the ticker symbol for Tucows Inc? What does TCX stand for in stocks?

TCX is the stock ticker symbol of Tucows Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tucows Inc (TCX)?

As of Wed Apr 24 2024, market cap of Tucows Inc is 195.84 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TCX stock?

You can check TCX's fair value in chart for subscribers.

What is the fair value of TCX stock?

You can check TCX's fair value in chart for subscribers. The fair value of Tucows Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tucows Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TCX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tucows Inc a good stock to buy?

The fair value guage provides a quick view whether TCX is over valued or under valued. Whether Tucows Inc is cheap or expensive depends on the assumptions which impact Tucows Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TCX.

What is Tucows Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, TCX's PE ratio (Price to Earnings) is -2.04 and Price to Sales (PS) ratio is 0.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TCX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tucows Inc's stock?

In the past 10 years, Tucows Inc has provided 0.02 (multiply by 100 for percentage) rate of return.