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Tucows Inc (TSE:TC)
TSX:TC
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-3.06Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 31.59%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced perspective with significant revenue growth and positive financial performance, particularly in Tucows Domains and Wavelo. However, these achievements are tempered by Ting's restructuring costs and operating losses, as well as a notable net loss for the quarter.Company Guidance
In the fourth quarter of 2024, Tucows demonstrated strong financial performance with a 7.1% increase in total revenue to $93.1 million and a notable 403% rise in Adjusted EBITDA to $12.8 million. The company reported a consolidated revenue growth for the year and a 19% increase in gross profit. Adjusted EBITDA more than doubled to nearly $35 million, excluding Ting, with total EBITDA reaching $57.4 million. Tucows Domains saw revenue rise by 6.2% to $65.7 million, with an 8% increase in gross margin to $20.3 million, and Adjusted EBITDA up 7.8% to $11.6 million. Wavelo reported a year-over-year revenue increase to $39.9 million, with a significant Adjusted EBITDA growth of 41% to $13.8 million, exceeding guidance. Ting's revenue grew 14% to $15.7 million, with a gross margin increase of 40% to $11 million and a narrowed Adjusted EBITDA loss of $1.5 million in Q4. The company also repaid $16.5 million on its syndicated bank loan and authorized a $40 million stock buyback program for 2025. Looking ahead, Tucows anticipates a 75% growth in Adjusted EBITDA for 2025, driven by continued progress in operational efficiencies and strategic initiatives across its business segments.Strong Revenue Growth and Financial Performance
2024 marked the fourth consecutive year of consolidated revenue growth, with a 19% year-over-year gross profit expansion and more than doubling of annual Adjusted EBITDA to nearly $35 million. Excluding Ting, Adjusted EBITDA was $57.4 million, representing a 126% increase from $15.5 million in 2023.
Tucows Domains Revenue and Margin Growth
Tucows Domains grew revenue to $65.7 million in Q4, up 6% from the previous year, and gross margin increased by 8% to $20.3 million. Domain Services' Adjusted EBITDA was $11.6 million in Q4, up 8% year-over-year.
Wavelo's Positive Financial Metrics
Wavelo's revenue for 2024 was $39.9 million, with gross margin at $38.6 million. Adjusted EBITDA was $13.8 million, outperforming guidance and showing an increase from $10.6 million last year.
Ting's Subscriber and Revenue Growth
Ting reported $15.7 million in revenue for Q4, a 14% increase year-over-year, driven by a 17% increase in subscribers to 50,700. Gross Margin increased 40% to $11.0 million.
Record Debt Repayment
Tucows repaid $16.5 million on the syndicated bank loan in 2024, reducing interest expense and improving financial leverage.
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TSE:TC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | C$21.43 | C$27.11 | +26.50% |
| Nov 07, 2024 | C$24.17 | C$22.76 | -5.83% |
| Aug 08, 2024 | C$32.25 | C$30.57 | -5.21% |
| May 09, 2024 | C$26.55 | C$24.81 | -6.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tucows Inc (TSE:TC) report earnings?
Tucows Inc (TSE:TC) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Tucows Inc (TSE:TC) earnings time?
Tucows Inc (TSE:TC) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TC EPS forecast?
Currently, no data Available
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