Woroch also addressed why the company’s 2026 guidance implies a year-over-year decline in Wavelo adjusted EBITDA margin. He pointed to the presence of Ting Fiber and mobile customers on the Wavelo platform and said that, depending on different outcomes for the Ting process, Wavelo could see a reduction in fees associated with those customers.He added that Tucows continues to work closely with its financial advisors on determining the “optimal path forward” and emphasized that transactions of this type typic ...

Shares of Tucows Inc. (TCX) have gained 0.7% since reporting results for the fourth quarter of 2025. This compares to the S&P 500 index’s 1.4% decline over the same time frame. Over the past month, however, the stock has lost 24.2% compared with the S&P 500’s 1.9% fall, indicating more pronounced volatility in TCX relative to the broader market.Earnings & Revenue PerformanceTucows reported fourth-quarter 2025 net revenues of $98.7 million, up 6% year over year from $93.1 million. Gross profit increased 14% ...

Core Insights - Tucows has released its financial results for the fourth quarter of 2025, indicating a focus on business segment performance and future outlook [5]. Group 1: Management Commentary - The presentation will include remarks from David Woroch, President and CEO, discussing business segments and overall company performance [2]. - Ivan Ivanov, CFO, will provide a detailed analysis of the financial results [2]. - Closing remarks will include guidance for 2026 from David Woroch [2]. Group 2: Investor Engagement - Shareholders, analysts, and prospective investors are encouraged to submit questions via email to Tucows management until February 19 [3]. - Responses to submitted questions will be provided either directly or through a recorded audio response, which will be available on the Tucows website on February 25 [3]. Group 3: Financial Reporting - An updated investor presentation and a quarterly KPI summary are available, detailing key metrics for the last eight quarters and full years 2023, 2024, and 2025 [4]. - The company has revised its presentation of gross profit in press releases to reflect amounts net of network expenses, aligning external reporting with internal management practices [4].

Core Viewpoint - Tucows Inc. reported an amendment to its unaudited financial results for Q4 and FY 2024, highlighting a reduction in non-cash impairment charges and significant net losses compared to the previous year [1][2][3]. Financial Results Summary - The net loss for Q4 2024 was $42.5 million, or a loss of $3.86 per share, compared to a net loss of $23.4 million, or a loss of $2.14 per share in Q4 2023, marking an 82% increase in loss [3][4]. - For the full year 2024, the net loss was $109.9 million, compared to a loss of $96.2 million in 2023, reflecting a 14% increase [4]. - Adjusted net income (loss) for Q4 2024 was ($15.8 million) and adjusted EPS was ($1.43), an improvement from ($22.4 million) and ($2.05) in Q4 2023, indicating a 30% reduction in adjusted net loss [3][4][16]. Revenue and Profit Analysis - Net revenues for Q4 2024 were $93.1 million, a 7% increase from $87.0 million in Q4 2023 [4][5]. - Gross profit for Q4 2024 was $21.2 million, up 19% from $17.8 million in Q4 2023 [4][5]. - Adjusted EBITDA for Q4 2024 was $12.8 million, compared to $2.6 million in Q4 2023, showing a significant improvement in operational performance [5][13]. Segment Performance - Ting Internet Services generated $15.7 million in revenue for Q4 2024, up from $13.8 million in Q4 2023 [5][6]. - Wavelo Platform Services reported revenues of $9.9 million, slightly up from $9.5 million in the same period last year [5][6]. - Tucows Domain Services saw total revenues of $65.7 million in Q4 2024, compared to $61.8 million in Q4 2023, reflecting growth in both wholesale and retail segments [5][6]. Management Commentary and Future Outlook - Management's pre-recorded audio commentary discussing the quarter and future outlook will be available on the Tucows website [17]. - Shareholders and analysts can submit questions to management, with responses to be posted on the company's website [18]. Company Overview - Tucows Inc. is a leader in internet services, providing domain services, fiber-optic internet infrastructure, and telecommunications software [19]. - The company manages approximately 25 million domain names and offers various value-added services through a global reseller network [19].