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About Tucows
Industries
Consumer Software
Enterprise Software
Company Size
501-1,000
Company Stage
IPO
Total Funding
$479M
Headquarters
Toronto, Canada
Founded
1993
Overview
Tucows operates in the fields of domain registration, internet services, and telecom software. It is the largest wholesaler of domain names and the third-largest domain registrar, helping individuals and businesses create their online presence. Tucows also provides high-speed fiber internet through Ting Internet, which improves connectivity in various communities across the United States. Additionally, Wavelo, a part of Tucows, offers software solutions that streamline operations for communication service providers worldwide. The company earns revenue from domain registration fees, internet service subscriptions, and software licensing, catering to a wide range of clients from individuals to large enterprises, mainly in North America.
Simplify's Take
What believers are saying
- Tucows reported strong revenue and profit growth in Q3 2024.
- Ting's $63 million securitization supports its fiber network expansion.
- Wavelo's new product catalog enhances telecom operators' customer retention and acquisition.
What critics are saying
- Emerging competitors in domain registration could erode Tucows' market share.
- Technological advancements in fiber internet may require significant investment from Tucows.
- Rising interest rates could increase the cost of capital for Tucows' expansions.
What makes Tucows unique
- Tucows is the world's largest wholesale domains registrar, a significant market position.
- Ting Internet's rapid fiber expansion enhances connectivity across U.S. communities.
- Wavelo's flexible telecom software solutions simplify operations for global communication service providers.
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Funding
Total Funding
$479M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Remote Work Options
Company News
TORONTO, Nov. 7, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the third quarter ended September 30, 2024. All figures are in U.S. dollars. "Tucows finished the third quarter of 2024 with strong year-over-year growth of revenue, gross profit and adjusted EBITDA
TORONTO, Aug. 20, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), announced today that its subsidiary, Ting Fiber, LLC ("Ting"), has closed an offering by one of its subsidiaries for $63 million. The offering consists of Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2 and Class B, (collectively, the "Notes"), maturing August 2054. All figures are in U.S. dollars.Ting will use the net proceeds from the Notes to fund the expansion of its fiber networks, create capacity for growth, and other general corporate purposes, including paying the fees and expenses related to the issuance of the Notes."The securitization provides Ting with an efficient vehicle to raise capital to continue funding our network expansion
TORONTO, Aug. 8, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars. "We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid quarter from Ting with robust subscriber growth, gross margin increases and a lower operating loss, which is on track with our expectations," said Elliot Noss, Tucows President and CEO
TORONTO, July 25, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the second quarter ended June 30, 2024, via news release on Thursday, August 8, 2024 at 5:05 p.m. ET.Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. ET on Thursday, August 8, 2024, management's pre-recorded audio commentary and transcript discussing the quarter and outlook for the Company will be posted to the Tucows website at http://www.tucows.com/investors/financials.Following management's prepared commentary, for the subsequent seven days, until Thursday, August 15, 2024, shareholders, analysts and prospective investors can submit questions to Tucows' management at [email protected]. Management will post responses to questions in an audio recording and transcript to the Company's website at http://www.tucows.com/investors/financials, on Tuesday, August 27, 2024, at approximately 4 p.m. ET
TORONTO, July 11, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) The following matters were voted upon at the Tucows Annual Meeting of Shareholders held on June 20, 2024. Each of the matters is described in greater detail in the 2024 Notice of Annual Meeting of Shareholders and Proxy Statement, available at www.tucows.com/investors/filings. 1. Election of Directors. Each of the eight nominees listed in the Tucows Proxy Statement dated May 10, 2024, was elected as a director to serve until the next annual meeting of shareholders
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About Tucows
Industries
Consumer Software
Enterprise Software
Company Size
501-1,000
Company Stage
IPO
Total Funding
$479M
Headquarters
Toronto, Canada
Founded
1993
Tucows is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today