secwatch.observer — SEC 8-K summary
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Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K
Filed at:   2022-02-11T23:59:59+00:00
Accession:  0001437749-22-003088
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows Q4 2021 revenue up 17% to $82.5M, net loss $2.0M vs income $2.1M a year ago
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- Net revenue $82.5M (+17% YoY), gross profit $24.6M (+41%) driven by Fiber Internet and Mobile Platform growth.
- Net loss $2.0M ($0.18 per diluted share) vs net income $2.1M ($0.19) in Q4 2020; higher effective tax rate a factor.
- Adjusted EBITDA $12.7M (-0.9% YoY) as company continued investing in Ting Fiber network; capex hit record in Q4.
- Fiber Internet Services revenue grew 70% to $8.6M; serviceable addresses up 48% and subscriber base up >66% in 2021.
- Mobile Platform Services revenue $5.5M vs $0.2M in Q4 2020; MSE platform rebranded as Wavelo; DISH remains first customer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774922003088/0001437749-22-003088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774922003088/tcx20220211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003088

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