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Dec 31, 2021
Tucows Q4 2021 Earnings Report
Tucows experienced year-over-year increases in net revenue and gross profit, driven by growth in the Ting Fiber Internet customer base and the Mobile Services Enabler platform.
Key Takeaways
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.
Net revenue increased by 17% to $82.5 million compared to Q4 2020.
Gross profit increased by 41% to $24.6 million compared to Q4 2020.
Net loss was $2.0 million, or $0.18 per share, compared to net income of $2.1 million, or $0.19 per share, in Q4 2020.
Adjusted EBITDA decreased 0.9% to $12.7 million compared to Q4 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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