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Tucows TCX Tucows Domains — Goodwill

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Other financials

Income statement

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Revenue$96.7M+2.2%
Gross profit$24.1M+2.5%
Operating income-$4.3M-112%
Net income-$18.1M-19.7%

Balance sheet

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Cash & equivalents$44.3M+16.4%
Total debt$363.9M+12.5%
Total equity-$181.3M-67.5%
Total assets$729.2M-1.7%

Cash flow

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Operating cash flow$3.5M+131%
CapEx$5.5M+1.7%
Free cash flow-$2.0M+88.0%

Valuation

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Market cap$149.62M-30.4%
Enterprise value$469.18M-4.7%
P/S0.4×-0.2×

Profitability

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Gross margin30.8%
Operating margin10.4%
Net margin-20.1%-4.0pp
FCF margin-2.1%-1.0pp

Returns & leverage

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Return on equity-180.6%-217pp
Debt / equity25×+24.8×
Current ratio0.6×-0.4×

Where this comes from

Reported directly by Tucows in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Tucows’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tucows's tucows domains — goodwill?
Tucows (TCX) reported tucows domains — goodwill of $107.69M in Q4 2025.
How has Tucows's tucows domains — goodwill changed year-over-year?
Tucows's tucows domains — goodwill decreased by 0.0% year-over-year, from $107.69M to $107.69M.
What does tucows domains — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the domains segment. It reflects the value of intangible assets such as brand reputation, customer relationships, and proprietary technology that are not separately identifiable. This metric is critical for assessing the long-term value of past acquisitions and potential impairment risks.