{ "cik": 909494, "cik_padded": "0000909494", "entityName": "TUCOWS INC /PA/", "fiscal_years": [ { "accn": "0001437749-26-008009", "filed": "2026-03-12", "fiscal_year": 2025, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 17114000.0, "cash": 46759000.0, "cost_of_revenue": 296346000.0, "free_cash_flow": -22872000.0, "gross_profit": 93954000.0, "net_income": -75819000.0, "operating_cash_flow": -5758000.0, "operating_income": -23483000.0, "revenue": 390300000.0, "stockholders_equity": -164200000.0, "total_assets": 730909000.0 }, "period_end": "2025-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.24072252113758646, "net_margin": -0.19425826287471173, "operating_margin": -0.060166538560081986, "revenue_growth_yoy": 0.07735836036160375, "roa_avg2y": -0.10179062297568982, "roa_period_end": -0.10373247558861637, "roe_avg2y": 0.5843468208092486 } }, { "accn": "0001437749-26-008009", "filed": "2026-03-12", "fiscal_year": 2024, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 56460000.0, "cash": 56903000.0, "cost_of_revenue": 279246000.0, "free_cash_flow": -76205000.0, "gross_profit": 83029000.0, "net_income": -109860000.0, "operating_cash_flow": -19745000.0, "operating_income": -65013000.0, "revenue": 362275000.0, "stockholders_equity": -95300000.0, "total_assets": 758796000.0 }, "period_end": "2024-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.22918777172037816, "net_margin": -0.3032502932854875, "operating_margin": -0.17945759436891864, "revenue_growth_yoy": 0.06759651909458739, "roa_avg2y": -0.14109741578272078, "roa_period_end": -0.1447819967422074, "roe_avg2y": 2.5720807726075505 } }, { "accn": "0001437749-26-008009", "filed": "2026-03-12", "fiscal_year": 2023, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 92055000.0, "cash": 92687000.0, "cost_of_revenue": 272670000.0, "free_cash_flow": -96826000.0, "gross_profit": 66667000.0, "net_income": -96197000.0, "operating_cash_flow": -4771000.0, "operating_income": -63652000.0, "revenue": 339337000.0, "stockholders_equity": 9875000.0, "total_assets": 798426000.0 }, "period_end": "2023-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.19646251366635528, "net_margin": -0.28348514898169075, "operating_margin": -0.18757754091065812, "revenue_growth_yoy": 0.05665717968998138, "roa_avg2y": -0.1314909446798157, "roa_period_end": -0.12048330089450995, "roe_avg2y": -1.8059737919122894 } }, { "accn": "0001437749-26-008009", "filed": "2026-03-12", "fiscal_year": 2022, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 136710000.0, "cash": 23496000.0, "cost_of_revenue": 242894000.0, "free_cash_flow": -116834000.0, "gross_profit": 78248000.0, "net_income": -27571000.0, "operating_cash_flow": 19876000.0, "operating_income": -31662000.0, "revenue": 321142000.0, "stockholders_equity": 96657000.0, "total_assets": 664747000.0 }, "period_end": "2022-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.24365545459640905, "net_margin": -0.08585298715210093, "operating_margin": -0.09859190015631715, "revenue_growth_yoy": 0.05521839276854277, "roa_avg2y": -0.04578595964770833, "roa_period_end": -0.04147592994026299, "roe_avg2y": -0.26041209167457696 } }, { "accn": "0001437749-25-007558", "filed": "2025-03-13", "fiscal_year": 2021, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 73175000.0, "cash": 9105000.0, "cost_of_revenue": 226044000.0, "free_cash_flow": -43538000.0, "gross_profit": 78293000.0, "net_income": 3364000.0, "operating_cash_flow": 29637000.0, "operating_income": -7773000.0, "revenue": 304337000.0, "stockholders_equity": 115092000.0, "total_assets": 539596000.0 }, "period_end": "2021-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.25725757959104545, "net_margin": 0.011053536047210823, "operating_margin": -0.025540765664378632, "revenue_growth_yoy": -0.022059626866151247, "roa_avg2y": 0.006785685109112566, "roa_period_end": 0.006234293804994848, "roe_avg2y": 0.030611037808817507 } }, { "accn": "0001437749-24-010358", "filed": "2024-04-01", "fiscal_year": 2020, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 44437000.0, "cash": 8311000.0, "cost_of_revenue": 225717000.0, "free_cash_flow": -8356000.0, "gross_profit": 85485000.0, "net_income": 5775000.0, "operating_cash_flow": 36081000.0, "operating_income": 6917000.0, "revenue": 311202000.0, "stockholders_equity": 104698000.0, "total_assets": 451903000.0 }, "period_end": "2020-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.27469296469817034, "net_margin": 0.018557078682013613, "operating_margin": 0.022226720907963314, "revenue_growth_yoy": -0.07694908718800517, "roa_avg2y": 0.01315757996220186, "roa_period_end": 0.01277929113106131, "roe_avg2y": 0.058071717313919115 } }, { "accn": "0001437749-23-016767", "filed": "2023-06-06", "fiscal_year": 2019, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 44070000.0, "cash": 20393000.0, "cost_of_revenue": 236368000.0, "free_cash_flow": -3689000.0, "gross_profit": 100777000.0, "net_income": 15398000.0, "operating_cash_flow": 40381000.0, "operating_income": 29340000.0, "revenue": 337145000.0, "stockholders_equity": 94194000.0, "total_assets": 425918000.0 }, "period_end": "2019-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.2989129306381527, "net_margin": 0.04567174361179908, "operating_margin": 0.08702487060463598, "revenue_growth_yoy": -0.025629094860597723, "roa_avg2y": 0.04023028296796966, "roa_period_end": 0.03615249883780446, "roe_avg2y": 0.17701902626889693 } }, { "accn": "0001437749-22-004915", "filed": "2022-03-01", "fiscal_year": 2018, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 27919000.0, "cash": 12637000.0, "cost_of_revenue": 249243000.0, "free_cash_flow": 9290000.0, "gross_profit": 96770000.0, "net_income": 17135000.0, "operating_cash_flow": 37209000.0, "operating_income": 29324000.0, "revenue": 346013000.0, "stockholders_equity": 79776000.0, "total_assets": 339575000.0 }, "period_end": "2018-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.27967157303338314, "net_margin": 0.049521260761878884, "operating_margin": 0.08474826090349205, "revenue_growth_yoy": 0.05036715934928253, "roa_avg2y": 0.04965047629396211, "roa_period_end": 0.05046013399101819, "roe_avg2y": 0.24480844649860345 } }, { "accn": "0001437749-21-004866", "filed": "2021-03-03", "fiscal_year": 2017, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 12935000.0, "cash": 18049000.0, "cost_of_revenue": 244900000.0, "free_cash_flow": 18961000.0, "gross_profit": 84521000.0, "net_income": 22327000.0, "operating_cash_flow": 31896000.0, "operating_income": 27082000.0, "revenue": 329421000.0, "stockholders_equity": 60211000.0, "total_assets": 350650000.0 }, "period_end": "2017-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "revenue_growth_yoy": "ratio", "roa_avg2y": "ratio", "roa_period_end": "ratio", "roe_avg2y": "ratio" }, "ratios": { "gross_margin": 0.25657441389589614, "net_margin": 0.06777649269475838, "operating_margin": 0.08221090944414594, "revenue_growth_yoy": 0.7354479793908935, "roa_avg2y": 0.08841266754937042, "roa_period_end": 0.063673178383003, "roe_avg2y": 0.45551826500321335 } }, { "accn": "0001437749-20-004330", "filed": "2020-03-04", "fiscal_year": 2016, "form": "10-K", "fundamental_units": { "capex": "USD", "cash": "USD", "cost_of_revenue": "USD", "free_cash_flow": "USD", "gross_profit": "USD", "net_income": "USD", "operating_cash_flow": "USD", "operating_income": "USD", "revenue": "USD", "stockholders_equity": "USD", "total_assets": "USD" }, "fundamentals": { "capex": 7918000.0, "cash": 15105000.0, "cost_of_revenue": 126765000.0, "free_cash_flow": 14591000.0, "gross_profit": 63054000.0, "net_income": 16067000.0, "operating_cash_flow": 22509000.0, "operating_income": 25047000.0, "revenue": 189819000.0, "stockholders_equity": 37818000.0, "total_assets": 154413372.0 }, "period_end": "2016-12-31", "ratio_units": { "gross_margin": "ratio", "net_margin": "ratio", "operating_margin": "ratio", "roa_period_end": "ratio" }, "ratios": { "gross_margin": 0.3321796026741264, "net_margin": 0.08464379224419054, "operating_margin": 0.13195201744820065, "roa_period_end": 0.10405186929018038 } } ], "latest_filing": { "accn": "0001437749-26-008009", "filed": "2026-03-12", "form": "10-K" }, "note": "Static grepcent export of verified SEC companyfacts-derived values. Monetary values are raw reported units from grepcent's resolved facts; no scaling and no FX conversion. Capex, dividends, and buybacks are reported as positive outflow magnitudes. ROE/ROA include both period-end basis (site-consistent) and average-of-two-years basis where the prior-year denominator exists.", "schema_version": "1", "sic": "7374", "sic_description": "Services-Computer Processing & Data Preparation", "source_urls": { "sec_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000909494.json", "sec_submissions": "https://data.sec.gov/submissions/CIK0000909494.json" }, "ticker": "TCX" }