Financial Data and Key Metrics Changes - The company reported meaningful progress in Q3 2025, indicating a focus on business advancement and leadership transition [3] - Specific financial metrics and detailed results will be provided in the Q4 earnings update scheduled for early February 2026 [5] Business Line Data and Key Metrics Changes - The company is actively evaluating reinvestment opportunities in its core businesses, Domains and Wavelo, while managing the ongoing Ting process [4][5] - The outcome of the Ting process is expected to shape the company's flexibility to reinvest in its business segments [5] Market Data and Key Metrics Changes - The company anticipates that the resolution of the Ting process could take a couple of quarters, with full divestiture likely extending beyond that timeframe [4] - Increased interest in the core businesses has been noted as the company focuses on resolving the Ting situation [4] Company Strategy and Development Direction - Completing the Ting process is identified as the top priority for the company, which will guide the next phase of its growth strategy [5] - The board is engaged in transforming the company, with a focus on operational discipline, efficiency, and deleveraging [6][7] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the complexity of the Ting process and the need for ongoing communication with investors regarding material developments [4] - The new CEO emphasizes a clear focus on growth and strategic vision, with plans to share more details in upcoming quarters [5][7] Other Important Information - The new CEO's employment contract is a four-year fixed-term agreement, ensuring predictability and alignment with shareholder interests [5] - The company will disclose the full contract in its 10-K filing in March 2026 [5] Q&A Session Summary Question: What is the growth outlook for Domains and Wavelo during the Ting transition? - The company is looking at multiple paths to maximize shareholder value while focusing on resolving the Ting process [4] Question: When can investors expect guidance for 2026? - Guidance for each business segment will be provided in the Q4 earnings update in early February 2026 [5] Question: What is the strategic vision of the new CEO? - The CEO's focus is on completing the Ting process, which will influence future reinvestment opportunities [5]

Financial Data and Key Metrics Changes - The company reported meaningful progress in Q3 2025, indicating a focus on business advancement and leadership transition [3] - Specific financial metrics and detailed results will be provided in the Q4 earnings update scheduled for early February 2026 [5] Business Line Data and Key Metrics Changes - The ongoing process regarding Ting is a critical priority, with expectations that a resolution could take a couple of quarters, impacting the growth outlook for Domains and Wavelo [4][5] - The company is actively preparing for future reinvestment opportunities in Domains and Wavelo, aiming to maximize shareholder value [5][6] Market Data and Key Metrics Changes - The company is currently unable to comment on valuations related to the Ting process until it is complete [4] - The board is engaged in transforming the company, indicating a focus on operational efficiency and revenue growth [6][7] Company Strategy and Development Direction - Completing the Ting process is the top priority, which will shape the company's flexibility to reinvest in its core businesses [5] - The company is evaluating reinvestment opportunities to ensure readiness for future growth [6] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the complexity of the Ting process and its implications for future growth [4] - The new CEO emphasizes a disciplined approach to operations, focusing on efficiency and deleveraging [6] Other Important Information - The new CEO has a four-year fixed-term employment agreement, ensuring predictability and alignment with shareholder interests [5] - The company plans to disclose the full employment contract in the 10K filing in March 2026 [5] Q&A Session Summary Question: What is the growth outlook for Domains and Wavelo during the Ting transition? - The company is looking at multiple paths to maximize shareholder value while focusing on resolving the Ting process [4][5] Question: What is the strategic vision of the new CEO? - The CEO's focus is on completing the Ting process, which will guide the next phase of the company's growth strategy [5] Question: When can investors expect guidance for 2026? - Guidance for each business segment will be provided in the Q4 earnings update in early February 2026 [5]

Financial Data and Key Metrics Changes - The company is in a transition phase with ongoing complexities surrounding the Ting process, which is expected to take a couple of quarters for resolution and a few quarters beyond that for full divestiture [4] - The company plans to provide 2026 guidance for each of its businesses in the Q4 earnings update in early February, which will include visibility into growth expectations [5] Business Line Data and Key Metrics Changes - The company is focusing on maximizing shareholder value in its core businesses, Domains and Wavelo, while resolving the Ting situation [4][5] - Operationally, the company is maintaining discipline, driving efficiency, and continuing to deleverage, which is expected to enhance revenue, margin, and adjusted EBITDA [6] Market Data and Key Metrics Changes - There is increased interest in the company's core businesses as it navigates the transition of Ting, indicating a potential shift in market focus [4] Company Strategy and Development Direction - Completing the Ting process is the company's top priority, which will shape its flexibility to reinvest in Domains and Wavelo and guide the next phase of growth strategy [5][6] - The company is actively preparing for future opportunities and evaluating reinvestment options to ensure readiness once the Ting process is resolved [6] Management's Comments on Operating Environment and Future Outlook - The management acknowledges the complexity of the current operating environment due to the Ting transition but remains focused on driving operational efficiency and growth [4][6] - The management is committed to keeping investors informed of any material developments as they occur [4] Other Important Information - The new CEO has a four-year fixed-term employment agreement aimed at ensuring predictability and alignment with shareholders [5] Q&A Session Summary Question: What is the timeline for the Ting process resolution? - The company anticipates that reaching a resolution could take a couple of quarters, with full divestiture likely taking a few quarters beyond that [4] Question: How should investors think about growth outlook for Domains and Wavelo during the Ting transition? - The company is looking at multiple paths to maximize shareholder value and will provide guidance for 2026 in the upcoming Q4 earnings update [5] Question: What is the strategic vision of the new CEO? - The CEO's focus is on completing the Ting process, which will directly influence the company's ability to reinvest in its core businesses [5][6]

Financial Data and Key Metrics Changes - Tucows reported a 7% year-over-year growth in top-line revenue for Q3, reaching $98.6 million [4][17] - Gross profit increased by 9% year-over-year to $24.2 million, while adjusted EBITDA surged 53% to $13.3 million for the quarter [4][17] - Year-to-date adjusted EBITDA totaled $39.5 million, positioning the company well to meet its full-year guidance of $47 million [4][20] Business Line Data and Key Metrics Changes - Tucows Domains experienced a 5% revenue growth year-over-year, with adjusted EBITDA at $12.1 million, also up 5% [5][19] - Wavelo's revenue grew by nearly 18% year-over-year to $11.9 million, with adjusted EBITDA increasing by 25% to $4.3 million [10][19] - Ting's revenue reached $17 million, an 11% increase year-over-year, with adjusted EBITDA losses improving to $880,000 from $5.1 million [14][19] Market Data and Key Metrics Changes - The wholesale channel in Tucows Domains saw a 5% revenue increase to $58 million, driven by strong reseller demand and higher-margin value-added services [6][7] - The retail segment posted a modest revenue increase of 2% year-over-year to $9.8 million, with gross margin remaining flat [7] - Ting's enterprise and bulk segment revenue grew by 28% year-over-year, contributing significantly to overall performance [15] Company Strategy and Development Direction - The company is evaluating strategic paths for Ting, considering a potential sale to focus on its domain and Wavelo businesses [22] - Tucows aims to streamline its asset base and pivot to a capital-light ISP model, particularly for Ting [18][22] - The management emphasizes disciplined capital allocation and cash conservation, alongside the adoption of AI as key levers for growth [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued top-line growth and expanding adjusted EBITDA, despite challenges in the operating environment [21] - There is a cautious sentiment in the telecom sector, with procurement cycles lengthening, but an increase in RFI and RFP activities is noted [12] - The company expects to have a clearer direction regarding the Ting business by the end of the year [22] Other Important Information - The company paid down an additional $2.5 million on its syndicated bank loan, reducing corporate net debt to $189.6 million [4] - A non-cash impairment of $10.9 million related to Ting's inventory and lease assets was recorded, which does not impact cash flow [18] - The management team is undergoing a transition, with a new CEO appointed for Tucows [23] Q&A Session Summary - Questions were invited via email, with responses to be posted on the company's website on November 25 [2][26]

Leadership Transition - Tucows Inc. has appointed David Woroch as the new President and CEO, succeeding Elliot Noss after his 25-year tenure [1][2][4] - Elliot Noss will continue to serve on the Board of Directors and as a consultant for the Ting Internet business [2][7] Company Transformation - Under Elliot Noss's leadership, Tucows evolved from a software download platform to a diversified technology company, including Tucows Domains, Wavelo, and Ting Internet [3] - The company became publicly listed on both Nasdaq and Toronto Stock Exchange and was an inaugural member of the TSX 30 [3] David Woroch's Background - David Woroch has been with Tucows for 25 years and has led Tucows Domains, which is now the world's largest wholesale domain registrar [4][6] - He has a strong background in technology and economics, focusing on improving scalability, differentiation, and margins [5] Strategic Focus - The Board is confident in David Woroch's ability to maintain Tucows' culture of innovation and efficiency while driving long-term value for shareholders [6] - Tucows is exploring strategic options for its Ting Internet business and has engaged a financial advisor for this process [7] Financial Performance - Tucows announced its Q3 2025 earnings, indicating strong results and reiterating full-year financial guidance [11]

Core Points - Tucows Inc. will report its financial results for Q3 2025 on November 6, 2025, at 5:05 p.m. ET [1] - A pre-recorded audio commentary and transcript discussing the quarter and outlook will be available on the Tucows website concurrently with the financial results release [2] - Shareholders and analysts can submit questions to management for a week following the results announcement, with responses to be posted on November 25, 2025 [3] Company Overview - Tucows connects people to internet access through various services including communications technology, domain services, and fiber-optic infrastructure [4] - The company operates Ting, which provides fixed fiber internet access, and Wavelo, a telecommunications software suite for service providers [4] - Tucows Domains manages approximately 24 million domain names and offers services through a global reseller network of over 35,000 web hosts and ISPs [4]

Core Points - Tucows Inc. will report its financial results for the second quarter ended June 30, 2025, on August 7, 2025, at 5:05 p.m. ET [1] - A pre-recorded audio commentary and transcript discussing the quarter and outlook will be available on the Tucows website concurrently with the financial results release [2] - Shareholders, analysts, and prospective investors can submit questions to management for seven days following the commentary, with responses to be posted on August 26, 2025 [3] Company Overview - Tucows connects people to internet access through communications service technology, domain services, and fiber-optic internet infrastructure [4] - The company operates Ting, which provides fixed fiber Internet access, and Wavelo, a telecommunications software suite for service providers [4] - Tucows Domains manages approximately 24 million domain names and offers services through a global reseller network of over 35,000 web hosts and ISPs [4]

Core Insights - Tucows Inc. has appointed Laurenz Nienaber as Chair of the Board of Directors and Jeffrey Tory as Independent Vice Chair, following the election of a new board at the Annual General Meeting on May 20, 2025 [1][2] - The newly formed Board has established its committee leadership and governance structure, emphasizing proactive oversight and long-term value creation for shareholders [1][3] Board Composition and Leadership - Laurenz Nienaber, the new Chairman, has extensive experience in investment strategy and corporate governance, while Jeffrey Tory brings nearly four decades of experience in North American growth investing [2] - The Audit Committee is chaired by Allen Taylor, who is recognized as an "audit committee financial expert," ensuring strong financial governance [3] - A newly established Compensation Committee is chaired by Stephan Uhrenbacher, focusing on transparent and performance-aligned executive compensation practices [4] Governance Committees - The Governance and Nominating Committee is chaired by Lee Matheson, who will guide board refreshment and corporate governance practices [5] - The Board structure is designed to foster accountability and ensure strong oversight across all business segments, including Ting Internet, Tucows Domains, and Wavelo [9]

Core Insights - Tucows Inc. elected eight director nominees to its Board of Directors, enhancing its strategic leadership for future growth and innovation [1][2][3] Board Composition - The newly elected Board members possess diverse expertise in finance, technology, data analytics, and entrepreneurship, which is expected to guide Tucows' long-term strategy [2][3] - Key members include: - Marlene Carl, CFO of CHAPTERS Group AG, with experience in investment management and digital infrastructure [2] - Lee Matheson, Partner at EdgePoint Investment Group, with a background in technology and financial services [2] - Elliot Noss, President and CEO of Tucows, bringing extensive experience in internet infrastructure [2] - Dr. Sandra Matz, a leader in data-driven behavioral science from Columbia Business School [2] - Laurenz Malte Nienaber, Founder of LMN Capital GmbH, known for investment strategy and governance [2] - Allen Taylor, President of GTD Partners, with expertise in private equity and financial restructuring [2] - Jeffrey Tory, Chair at Pembroke Management, with nearly four decades in North American growth equities [2] - Stephan Uhrenbacher, a serial entrepreneur with a focus on technology and sustainability [2] Voting Results - The election results for the new directors showed strong support, with percentages of votes for each nominee ranging from 86.18% to 94.47% [3] - The ratification of Deloitte LLP as independent auditors for the year ending December 31, 2025, was also part of the voting agenda [3] Company Overview - Tucows connects people through internet access services, including fiber-optic internet and domain services [4] - The company operates Ting for fixed fiber internet and Wavelo for telecommunications software, managing approximately 24 million domain names [4]

Financial Results Announcement - Tucows Inc. will report its financial results for the first quarter ended March 31, 2025, on May 8, 2025, at 5:05 p.m. ET [1] - A pre-recorded audio commentary and transcript discussing the quarter and outlook will be available on the Tucows website concurrently with the financial results release [2] Shareholder Engagement - Following the management's commentary, shareholders, analysts, and prospective investors can submit questions until May 15, 2025 [3] - Responses to submitted questions will be posted in an audio recording and transcript on the company's website on May 27, 2025, at approximately 5 p.m. ET [3] Company Overview - Tucows connects people to internet access through various services including communications technology, domain services, and fiber-optic internet infrastructure [4] - The company operates Ting, which provides fixed fiber Internet access, and Wavelo, a telecommunications software suite for service providers [4] - Tucows Domains manages approximately 25 million domain names and offers services through a global reseller network of over 35,000 web hosts and ISPs [4]