How has Tucows's wavelo — revenue not from contract with customer changed year-over-year?

Tucows's wavelo — revenue not from contract with customer increased by 7.4% year-over-year, from $444K to $477K.

What does wavelo — revenue not from contract with customer mean?

Represents income streams within the Wavelo segment that are not derived from standard customer contracts, such as incidental services or one-time fees. This helps distinguish core recurring revenue from non-contractual or ancillary income sources.

Tucows TCX Wavelo — Revenue Not From Contract With Customer

Similar metrics at other companies

JAZZXywav — Revenue from Contract with Customer, Excluding Assessed Tax

$408.2M+18.4%

AWK

AWKWater Services — Other Revenues Not from Contracts with Customers

$0—

LSAKConsumer — Revenue Not From Contract With Customer

$24.88M+80.1%

FTDRNon-Warranty And Other — Revenue

$41M+24.2%

NTSTRevenue Not from Contract with Customer, Other

$0-100%

BLNKOther Revenues Warranty And Other — Revenue

$1.18M-21.4%

Other financials

Income statement

See full

Revenue$96.7M+2.2%

Gross profit$24.1M+2.5%

Operating income-$4.3M-112%

Net income-$18.1M-19.7%

Balance sheet

See full

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

See full

Operating cash flow$3.5M+131%

CapEx$5.5M+1.7%

Free cash flow-$2.0M+88.0%

Valuation

See full

Market cap$149.62M-30.4%

Enterprise value$469.18M-4.7%

P/S0.4×-0.2×

Profitability

See full

Gross margin30.8%—

Operating margin10.4%—

Net margin-20.1%-4.0pp

FCF margin-2.1%-1.0pp

Returns & leverage

See full

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:RevenueNotFromContractWithCustomer.

The official record: Tucows’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Tucows's wavelo — revenue not from contract with customer.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Tucows's wavelo — revenue not from contract with customer?: Tucows (TCX) reported wavelo — revenue not from contract with customer of $477K in Q1 2026.
How has Tucows's wavelo — revenue not from contract with customer changed year-over-year?: Tucows's wavelo — revenue not from contract with customer increased by 7.4% year-over-year, from $444K to $477K.
What does wavelo — revenue not from contract with customer mean?: Represents income streams within the Wavelo segment that are not derived from standard customer contracts, such as incidental services or one-time fees. This helps distinguish core recurring revenue from non-contractual or ancillary income sources.