Tucows faces severe liquidity issues, reducing fiber build-out to save cash, indicating significant financial stress and risk of operational sustainability without new financing. The company projects $56 million in adjusted EBITDA for the year, insufficient to cover interest and other expenses. The unique earnings call format with pre-recorded responses and lack of transparency further complicates investor confidence and understanding of financial health.
TCX has reported a 7% increase in revenue compared to the same period last year for the fourth quarter of 2024, while adjusted EBITDA has surged by 403%. However, the company has experienced a larger net loss because of restructuring and impairment costs.
TCX reports 7% y/y revenue growth in the fourth quarter of 2024, with adjusted EBITDA skyrocketing 403%. The net loss widens due to restructuring and impairment charges.
Tucows, Inc. (NASDAQ:TCX ) Q4 2024 Results Conference Call February 13, 2025 5:30 PM ET Company Participants Monica Webb - Senior Director, IR Elliot Noss - President & CEO David Woroch - CEO, Tucows Domains Justin Reilly - CEO, Wavelo Ivan Ivanov - CFO Monica Webb Welcome to Tucows' fourth quarter 2024 management commentary. We have prerecorded prepared remarks regarding the quarter and outlook for the Company.
TORONTO , Feb. 13, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2024. All figures are in U.S. dollars.
TORONTO , Feb. 13, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time if and as appropriate, up to $40 million of its common stock in the open market. The new $40 million buyback program will commence February 14, 2025 and will terminate on or before February 13, 2026.
TORONTO , Jan. 30, 2025 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the fourth quarter ended December 31, 2024, via news release on Thursday, February 13, 2025 at 5:05 p.m. ET. Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m.
Tucows, Inc. (NASDAQ:TCX ) Q3 2024 Earnings Conference Call November 7, 2024 5:05 PM ET Company Participants Monica Webb - Senior Director, IR Elliot Noss - President & CEO David Woroch - CEO, Tucows Domains Justin Reilly - CEO, Wavelo Ivan Ivanov - CFO Conference Call Participants Monica Webb Welcome to Tucows' Third Quarter 2024 Management Commentary. We have prerecorded prepared remarks regarding the quarter and outlook for the company.
TCX's Q3 earnings gain from the robust Ting Internet Services and Domain Services segments.
TORONTO , Nov. 7, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the third quarter ended September 30, 2024. All figures are in U.S. dollars.