secwatch.observer — SEC 8-K summary
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Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K/A
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001437749-25-007566
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows amends Q4 2024 earnings: lowers impairment charge by $2.81M, revises net loss
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- Net loss revised to $42.5M for Q4 2024 ($3.86 loss per share); full-year loss $109.9M ($10.02 per share).
- Non-cash impairment charge on property and equipment reduced by $2.81M due to updated valuation inputs.
- Adjusted net loss for Q4 2024 is $15.8M ($1.43 loss per share) vs $22.4M loss in Q4 2023.
- Q4 2024 net revenues $93.1M (+7% YoY); gross profit $21.2M (+19% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774925007566/0001437749-25-007566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774925007566/tcx20250311_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-007566

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer