Tucows Inc. (USA) (OQ:TCX)

Sector:  Technology Industry:  Internet Services
See Regulatory Filings on SEC
Company Contact
Address: 96 Mowat Ave
Tel: N/A
Website: www.tucows.com
IR: See website
Key People
Allen Karp
Independent Chairman of the Board
Bret Fausett
Chief Legal Officer
Elliot Noss
President, Chief Executive Officer, Director
Davinder Singh
Chief Financial Officer
David John Woroch
Executive Vice President - Domains
Hanno Liem
Chief Technology Officer
Michael Goldstein
Vice President - Sales and Marketing
Jessica Johannson
Vice President - Human Resources
Ross Rader
Vice President - Customer Experience
Jason Silverstein
Vice President - Corporate Operations
Business Overview
Tucows Inc. is engaged in providing Internet services. The Company's segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services. The Company focuses on serving the needs of this network of resellers by providing services, interfaces, proactive and attentive customer service, reseller-oriented technology and agile design and development processes. The Company focuses its service offerings under brands, including OpenSRS, YummyNames, Platypus, Hover and Ting. As of December 31, 2016, the OpenSRS Domain Service managed 15 million domain names under the Tucows ICANN registrar accreditation and for other registrars. As of December 31, 2016, Ting managed mobile telephony services for approximately 151,000 subscribers.
Financial Overview
For the nine months ended 30 September 2019, Tucows Inc. (USA) revenues decreased 4% to $251.2M. Net income decreased 24% to $9.6M. Revenues reflect Domin Name Services segment decrease of 4% to $179.7M, Network Access Services segment decrease of 1% to $71.5M. Net income also reflects Sales and marketing increase of 7% to $26.4M (expense), Technical operations and development increase of 22% to $8.2M (expense).
Employees: 584 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $727.10M as of Sep 30, 2019
Annual revenue (TTM): $336.81M as of Sep 30, 2019
EBITDA (TTM): $49.13M as of Sep 30, 2019
Net annual income (TTM): $16.87M as of Sep 30, 2019
Free cash flow (TTM): -$1.78M as of Sep 30, 2019
Net Debt Last Fiscal Year: $92.98M as of Sep 30, 2019
Shares outstanding: 10,572,244 as of Nov 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization