Tucows(US:TCX)2026-02-12 22:07Financial Performance - For the full year 2025, Tucows reported an 8% increase in revenue to $390.3 million compared to 2024, with gross profit rising 13% to $93.95 million[2][7] - Adjusted EBITDA for 2025 reached $50.6 million, a 45% increase year over year, exceeding guidance by $3.6 million[2][7] - In Q4 2025, consolidated net revenue increased 6% to $98.7 million from $93.1 million in Q4 2024, driven by gains across all business segments[3][7] - Gross profit for Q4 2025 rose 14% to $24.1 million, attributed to margin gains from Wavelo and Tucows Domains, along with reduced network expenses at Ting[3][7] - The net loss for Q4 2025 was $22.0 million, a 48% improvement from a net loss of $42.5 million in Q4 2024[4][7] - Adjusted net loss for Q4 2025 was $19.2 million, compared to an adjusted net loss of $15.8 million in Q4 2024, reflecting a 22% increase in losses[4][7] Cash Position - Cash and cash equivalents at the end of Q4 2025 totaled $64.2 million, down from $70.8 million at the end of Q3 2025[5][7] Business Strategy - Tucows continues to focus on operational and capital efficiency initiatives to strengthen its business and build a more resilient earnings profile[2][19] - The company manages over 21 million domain names and millions of value-added services through a global reseller network of over 33,000 web hosts and ISPs[19] - Tucows is committed to enhancing its telecommunications software suite, Wavelo, to simplify management for service providers[19] - Tucows expects to realize synergies from the Enom acquisition, which is anticipated to contribute positively to future financial results[21] - The company projects growth in Ting Internet, indicating a focus on expanding its internet services[21] Risks and Uncertainties - Tucows acknowledges uncertainties and risks that could cause actual results to differ materially from forward-looking statements[21]