Tucows
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Tucows's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $339,337,000. Profit margin reached -28%. Total operating expenses were $172,511,000.

Profit Margin

Tucows Inc. (TSX:TC.TO): Profit margin
2014 147.66M 6.37M 4.32%
2015 172.93M 11.37M 6.58%
2016 189.81M 16.06M 8.46%
2017 329.42M 22.32M 6.78%
2018 346.01M 17.13M 4.95%
2019 337.14M 15.39M 4.57%
2020 311.20M 5.77M 1.86%
2021 304.33M 3.36M 1.11%
2022 321.14M -27.57M -8.59%
2023 339.33M -96.19M -28.35%

TC.TO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
339.33M321.14M304.33M311.20M337.14M346.01M329.42M189.81M172.93M147.66M
Cost of revenue
230.47M242.89M226.04M225.71M236.36M249.24M244.90M126.76M119.73M107.11M
Gross profit
108.85M78.24M78.29M85.48M100.77M96.77M84.52M63.05M53.20M40.55M
Operating exp.
Research and development
622K14.18M14.31M12.42M9.71M8.74M7.25M4.49M4.50M4.30M
Selling and marketing
67.80M53.93M39.47M34.27M34.27M33.06M29.42M20.75M18.53M15.39M
Total operating expenses
172.51M109.44M86.10M77.53M71.56M67.19M57.42M38.06M34.18M29.02M
Operating income
-63.65M-31.37M-8.18M6.91M29.34M29.32M27.08M25.04M18.01M9.63M
Other income (expenses), net
-39.41M3.59M15.45M3.84M-4.76M264K-3.00M572.51K-73.15K-206.73K
Income before tax
-103.07M-27.78M7.27M10.76M24.57M26.15M24.07M25.11M17.94M9.42M
Income tax expense
6.87M-217K3.90M4.98M9.17M9.02M1.74M9.04M6.56M3.05M
Net income
-96.19M-27.57M3.36M5.77M15.39M17.13M22.32M16.06M11.37M6.37M
Earnings per share
Basic EPS
-8.85-2.560.320.551.451.622.121.531.040.57
Diluted EPS
-8.85-2.560.310.541.431.592.071.510.54
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