For Q4 2025, Tucows generated net revenue of 98670000, up 6% year-over-year, with gross profit of 24132000. Net loss improved to 22030000 compared to 42475000 in the prior year period, and Adjusted EBITDA was 11081000.
Tucows' Q4 2024 saw a 7.1% increase in net revenue to $93.1 million, driven by Ting and Tucows Domains. Gross profit rose by 19% to $21.2 million. However, a net loss of $45.3 million, or $4.11 per share, was reported due to a one-time impairment in Ting and restructuring charges. Adjusted EBITDA increased 403% to $12.8 million.
Tucows reported a 6.1% increase in net revenue to $92.3 million, a 32.4% increase in gross profit to $22.2 million, and a 94.3% increase in adjusted EBITDA to $8.7 million compared to Q3 2023. The company experienced a net loss of $22.3 million, which was an improvement compared to the previous year. Growth was primarily driven by Ting and Domains.
Tucows reported a 5.2% increase in consolidated net revenue, a 15.4% increase in gross profit, and a significant reduction in net loss compared to the same quarter last year. Adjusted EBITDA also saw a substantial increase, driven by growth in Ting and Domains, and cost management across various segments.
Tucows Inc. reported a 10.2% increase in consolidated net revenue for Q4 2023, reaching $87.0 million, driven by growth in Wavelo, Ting, and Domains. However, the company experienced a net loss of $23.4 million, or $2.14 per share, compared to a net loss of $13.4 million, or $1.25 per share, in Q4 2022. Adjusted EBITDA decreased by 62% to $2.6 million.
Tucows reported a slight decrease in consolidated net revenue, offset by growth in Ting and Wavelo revenues. The company experienced a significant decrease in gross profit and a net loss due to increased network depreciation, impairment costs, and lower margin from the Domains business. Adjusted EBITDA also decreased due to reduced contributions from Ting and Wavelo.
Tucows reported a decrease in net revenue for Q4 2022, primarily due to reduced one-time professional services revenues and a revenue recognition impact related to the DISH agreement, which offset the growth of revenue from Ting.
Tucows reported a 2.8% increase in revenue to $78.1 million for Q3 2022. However, the company experienced a net loss of $8.0 million, or $0.74 per share, compared to a net income of $1.4 million, or $0.13 per share, in Q3 2021. The loss was attributed to the accelerated build of the Ting Internet Services fiber network, ramp up of operations, higher interest expenses, and higher depreciation.
Tucows reported a strong second quarter with an 11% increase in revenue and a 21% increase in gross profit year over year. This growth was primarily driven by the Ting Internet Services and Wavelo Platform Services businesses. However, the company experienced a net loss due to accelerated build-out of the Ting fiber network.
Tucows reported a strong start to 2022 with a 14% increase in revenue and a 22% increase in gross profit compared to the first quarter of 2021. The growth was primarily driven by the Ting Internet Services and Wavelo Platform Services businesses. However, adjusted EBITDA decreased by 11% due to the accelerated build of the fiber network and ramp-up of operations.
Tucows' Q4 2021 saw a 17% increase in net revenue and a 41% increase in gross profit, driven by Fiber Internet Services and Mobile Services Enabler platform. However, the company reported a net loss of $2.0 million, or $0.18 per share, compared to a net income of $2.1 million, or $0.19 per share, in Q4 2020 due to a higher effective tax rate. Adjusted EBITDA decreased slightly by 0.9% year-over-year as the company continued to invest in the Ting Fiber Internet opportunity.
Tucows reported a revenue increase of 2.1% to $75.9 million, driven by growth in Fiber Internet Services and Mobile Platform Services, offset by the absence of Ting Mobile MVNO revenue. Net income increased by 92.0% to $1.4 million, or $0.13 per share. The company saw growth in serviceable addresses and subscribers in its Fiber Internet Services business.
Tucows reported a decrease in net revenue and gross profit due to the sale of its Ting Mobile customer relationships to DISH. Excluding the Mobile Services business, net revenue for the combined Domains Services and Ting Internet businesses increased by 5%. Net income increased significantly, and Adjusted EBITDA decreased slightly due to continued investment in Ting Fiber.
Tucows reported a decrease in net revenue and net income for Q1 2021, primarily due to the sale of its Ting Mobile customer relationships to DISH. However, the combined Domains and Ting Internet businesses saw revenue growth. Adjusted EBITDA remained relatively flat. The company is focusing on profitability in its Domains business and investing in the Ting Internet business.
Tucows reported a decrease in net revenue, gross profit, and net income for Q4 2020 compared to Q4 2019. The decrease is primarily due to the sale of its Ting Mobile customer relationships to DISH and the absence of a bulk domain sale. However, the Domains and Ting Internet businesses, excluding the impact of the Mobile Services business and the bulk Domains sale, saw an increase in net revenue.
Tucows reported a decrease in net revenue and gross profit for Q3 2020, primarily due to the sale of its Ting Mobile customer relationships to DISH and the absence of a bulk domain sale from the previous year. Excluding the Mobile Services business and the bulk domain sale, net revenue for the combined Domains and Ting Internet businesses increased by 2% year over year.
Tucows reported a decrease in net revenue and gross profit for the second quarter of 2020. The Domains business performed well, benefiting from increased transaction activity. The Ting Mobile business faced challenges, but the transition to the new Mobile Services Enabler model is expected to improve the outlook. Ting Internet continued to make progress, achieving a record quarter for capital expenditure on the network.
Tucows reported a solid start to 2020 with a 6% increase in revenue and an 11% increase in gross profit. Cash flow from operations exceeded $14 million. The Domains business benefited from a focus on high-quality reseller customers, while Ting Mobile experienced improved economics from carrier relationships. Ting Internet continued to expand its network and customer base.
Tucows Inc. reported a slight increase in net revenue and a significant rise in net income for Q4 2019. The company focused on strengthening its wholesale customer base, enhancing mobile service agreements, and investing in Ting Internet's network buildout.