Highest-materiality recent filing
Resolved $150M Series A Preferred Units of Ting Fiber for $3M purchase and $5M loan; prior breach and trigger event withdrawn.
Tucows shareholders re-elect all 8 directors, approve say-on-pay, ratify auditors
All eight director nominees elected; votes for ranged from 6.2M to 7.4M; 668,178 broker non-votes.
Tucows beats FY 2025 Adj. EBITDA guidance by $3.6M; Q4 revenue up 6% YoY
FY 2025 revenue $390.3M (+8% YoY); gross profit $94.0M (+13% YoY).
Ting Fiber preferred return breach; Generate can demand ~$186M redemption
Ting failed to pay preferred return to Generate for two consecutive quarters, triggering a Return Breach and Trigger Event.
Tucows extends credit facility maturity to September 2027; $240M revolver unchanged
Extension Agreement dated Sep 8, 2025 pushes maturity of $240M revolving credit facility from 2026 to Sep 22, 2027.
Tucows shareholders elect all eight director nominees and ratify Deloitte as auditor
All eight director nominees elected; broker non-votes of 558,260.
Tucows nominates five new directors; five incumbents not seeking reelection
New nominees: Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory, Stephan Uhrenbacher.
Tucows sets 2025 Annual Meeting for May 20; shareholder proposal deadline April 5
2025 Annual Meeting set for May 20, 2025, advanced >30 days from 2024 meeting anniversary.
Tucows amends Q4 2024 earnings: lowers impairment charge by $2.81M, revises net loss
Net loss revised to $42.5M for Q4 2024 ($3.86 loss per share); full-year loss $109.9M ($10.02 per share).
Tucows announces $40 million stock buyback program effective February 14, 2025
Board authorized repurchase of up to $40M of common stock in open market.
Tucows Q4 adj EBITDA soars 403% to $12.8M; revenue up 7% to $93.1M
Net loss of $45.3M ($4.11 per share) vs $23.4M loss in Q4 2023; includes one-time impairment and restructuring charges.
Wavelo (Tucows subsidiary) renews 4-year contract with EchoStar's Boost Mobile
Contract renewal effective Jan 1, 2025; extends partnership from original 2020 MSA.
Tucows Q3 2024 revenue up 6% to $92.3M; adjusted EBITDA jumps 94% to $8.7M
Net revenue $92.3M, +6.1% YoY; gross profit $22.2M, +32.4% YoY.
Tucows cuts 17% of workforce, eliminates COO role in capital efficiency plan
Plan impacts 42% of Ting Fiber workforce and 17% of total Tucows workforce.
Tucows closes $63M Ting fiber securitization at 5.9% weighted avg coupon
Issued $55M Class A-2 (5.63%), $8M Class B (6.85%) notes; $16M Class C retained.
Tucows Q2 2024 revenue up 5.2% to $89.4M, adjusted EBITDA up 70% to $9.2M
Revenue $89.4M (+5.2% YoY), gross profit $20.8M (+15.4% YoY), driven by Ting and Domains.
Tucows names Ivan Ivanov as CFO effective Aug 5, 2024, replacing Dave Singh
Dave Singh resigns as CFO effective Aug 2, 2024; not due to disagreement with company.
Amendment corrects fractional share vote totals from original June 21, 2024 8-K filing.
Tucows shareholders elect eight directors and ratify Deloitte as auditor at 2024 annual meeting
All eight director nominees elected: Erez Gissin, Elliot Noss, Jeffery Schwartz, Allen Karp, Robin Chase, Marlene Carl, Lee Matheson, Gigi Sohn.
Tucows sets 2024 annual meeting for June 20; shareholder proposal deadline April 29
2024 Annual Meeting date advanced by more than 30 days from 2023 anniversary, triggering new deadlines.
Tucows board authorizes $40M stock buyback program, replacing prior program
New $40M buyback program starts Feb 23, 2024, expires Feb 22, 2025; shares retired.
Tucows Q4 2023 revenue up 10% to $87M; net loss widens to $23.4M; Adj EBITDA down 62%
Revenue $87.0M (+10.2% YoY); net loss -$23.4M (-$2.14/sh) vs -$13.4M (-$1.25) in Q4 2022.
Restructuring plan impacts approximately 72 employees, or 13% of Ting's workforce and 7% of Tucows' total workforce.
Tucows enters $240M revolving credit facility with BMO, replacing RBC facility
New $240M revolving credit facility with Bank of Montreal as agent, matures September 22, 2026.
Tucows annual meeting results: all directors elected, say-on-pay approved, auditor ratified
All 8 director nominees elected with majority support; broker non-votes of 540,419.
Tucows board nominees: Lee Matheson and Gigi Sohn; Brad Burnham not seeking reelection
Lee Matheson and Gigi Sohn to stand for election at the Sept 7, 2023 annual meeting.
Tucows auditor KPMG resigns; Deloitte appointed; material weakness persists
KPMG resigned as auditor on May 23, 2023 at company's request, effective immediately.
Tucows Q1 net loss $19.1M ($1.77/sh); revenue down 0.8% to $80.4M; Adj EBITDA $3.0M down 73%
Net loss widened to $19.1M ($1.77 loss per share) vs $3.0M loss YoY; revenue $80.4M down 0.8%.
Tucows' Ting subsidiary closes $239M asset-backed securitization for fiber network expansion
Issued $239M in secured notes: $168.4M Class A-2 (5.95%), $23.3M Class B (7.40%), $46.9M Class C (9.95%).
Tucows Q4 2022 net loss widens to $13.4M; revenue falls 4% YoY to $79M
Net revenue $79M (-4.3% YoY); net loss $13.4M ($1.25 diluted loss) vs $2.0M loss in Q4 2021.
Tucows authorizes $40M share repurchase program; prior program terminated
Board of Directors approved up to $40M in open-market stock buybacks beginning Feb 10, 2023 through Feb 9, 2024.
Tucows Q3 net loss of $8.0M; revenue up 2.8% but EBITDA down 35%
Net loss of $8.0M ($0.74 loss/share) vs net income of $1.4M ($0.13) in Q3 2021.
Tucows shareholders elect all director nominees and ratify KPMG as auditor at 2022 annual meeting
Elected 7 directors: Allen Karp, Elliot Noss, Erez Gissin, Jeffery Schwartz, Brad Burnham, Marlene Carl, Robin Chase with votes for ranging from 4.6M to 5.0M.
Tucows Q2 2022 revenue up 11% to $83.1M; net loss of $3.1M on Ting capex
Revenue $83.1M (+11% YoY); gross profit $22.1M (+21% YoY).
Tucows reports Q1 2022 net loss of $3.0M vs net income of $2.1M YoY; revenue up 14%
Net revenue $81.1M (+14% YoY); gross profit $21.2M (+22% YoY) driven by Ting and Wavelo growth.
Tucows board authorizes $40M stock buyback program starting Feb 11, 2022
Board approved up to $40M in open-market repurchases of common stock (TCX/TC) over 12 months.
Tucows Q4 2021 revenue up 17% to $82.5M, net loss $2.0M vs income $2.1M a year ago
Net revenue $82.5M (+17% YoY), gross profit $24.6M (+41%) driven by Fiber Internet and Mobile Platform growth.
25-year lease signed Dec 17, 2021, for fiber-to-the-home network with Colorado Springs Utilities.
Tucows upsizes revolving credit facility from $180M to $240M under amended credit agreement
New $240M senior secured revolver replaces existing $180M facility; borrowing capacity increased by $60M.
Tucows Q3 net revenue $75.9M (+2.1% YoY); net income $1.4M ($0.13 EPS); Adj. EBITDA $12.2M
Net income of $1.4M vs $0.7M YoY; basic EPS $0.13 vs $0.07.
Tucows shareholders elect all director nominees, ratify KPMG as auditor at 2021 annual meeting
All seven director nominees elected: Karp, Noss, Gissin, Schwartz, Burnham, Carl, Chase; each received >6.9M votes for.
Tucows Q2 2021 revenue $75.1M (-8.6% YoY); net income $1.8M up 1,051% on Ting asset gain
Net revenue $75.1M (down 8.6% YoY) due to absence of Ting Mobile MVNO revenue after sale to DISH.
new Board of Director nominees Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory and Stephan Uhrenbacher will be standing for election to the Company’s Board of Directors
new Board of Director nominees Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory and Stephan Uhrenbacher will be standing for election to the Company’s Board of Directors
Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz and Gigi Sohn have decided to not seek reelection.
new Board of Director nominees Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory and Stephan Uhrenbacher will be standing for election to the Company’s Board of Directors
new Board of Director nominees Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory and Stephan Uhrenbacher will be standing for election to the Company’s Board of Directors
Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz and Gigi Sohn have decided to not seek reelection.
Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz and Gigi Sohn have decided to not seek reelection.
Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz and Gigi Sohn have decided to not seek reelection.
Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz and Gigi Sohn have decided to not seek reelection.
new Board of Director nominees Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory and Stephan Uhrenbacher will be standing for election to the Company’s Board of Directors
Michael Koenig, the Chief Operating Officer since October 31, 2022, has left the Company effective October 30, 2024.
On June 25, 2024, the Board appointed Ivan Ivanov, age 45, as the Company’s Chief Financial Officer, effective as of August 5, 2024.
Max materiality 0.80 · Median 0.60 · Most common event earnings