---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-011262"
form_type: "8-K"
ticker: "TCX"
cik: "0000909494"
company_name: "TUCOWS INC /PA/"
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:13:14.737668+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tucows reports Q1 2022 net loss of $3.0M vs net income of $2.1M YoY; revenue up 14%

## Summary
- Net revenue $81.1M (+14% YoY); gross profit $21.2M (+22% YoY) driven by Ting and Wavelo growth.
- Net loss of $3.0M ($0.28 loss per share) compared to net income of $2.1M ($0.20 EPS) in Q1 2021.
- Adjusted EBITDA $11.3M, down 11% from $12.7M, due to accelerated fiber network expansion.
- Ting Fiber Internet Services revenue $9.8M (up 93% YoY); Wavelo Platform Services revenue $6.8M (up 973% YoY).
- Cash and equivalents $6.2M at quarter end, down from $9.1M at Q4 2021.

## SEC filing metadata
- accession: 0001437749-22-011262
- form_type: 8-K
- ticker: TCX
- cik: 0000909494
- company_name: TUCOWS INC /PA/
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909494/000143774922011262/0001437749-22-011262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909494/000143774922011262/tcx20220506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-011262
- JSON: https://secwatch.observer/filing/0001437749-22-011262.json
- Plain text: https://secwatch.observer/filing/0001437749-22-011262.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.