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.
Net revenue increased by 7.1% year-over-year to $93.1 million.
Gross profit increased by 19% year-over-year to $21.2 million.
Net loss was $45.3 million, or $4.11 per share, impacted by one-time impairment and restructuring charges.
Adjusted EBITDA increased by 403% to $12.8 million.
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