Tucows Inc. Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
339M
5.67%
273M
67M
392M
98M
18M
67M
35M
-93M
-7M
-96M
248.91%
273M
-35M
114M
46M
67M
321M
5.52%
243M
78M
109M
31M
14M
-31M
14M
-28M
0M
-28M
-919.59%
352M
-14M
8M
40M
-31M
304M
-2.21%
226M
78M
86M
22M
14M
-8M
5M
7M
4M
3M
-41.75%
312M
-5M
20M
28M
-8M
311M
-7.69%
226M
85M
78M
20M
12M
7M
4M
11M
5M
6M
-62.50%
303M
-4M
32M
24M
7M
337M
-2.56%
236M
101M
72M
18M
10M
29M
5M
25M
9M
15M
-10.14%
308M
-5M
49M
19M
29M
346M
5.04%
249M
97M
67M
18M
9M
29M
4M
26M
9M
17M
-23.25%
316M
-4M
45M
15M
30M
329M
73.54%
245M
85M
57M
14M
7M
27M
4M
24M
2M
22M
38.96%
302M
-4M
40M
12M
28M
190M
9.76%
127M
63M
38M
11M
4M
25M
0M
25M
9M
16M
41.27%
165M
0M
28M
0M
26M
173M
17.11%
120M
53M
34M
11M
5M
18M
0M
18M
7M
11M
78.44%
154M
0M
21M
0M
19M
148M
13.65%
107M
41M
29M
9M
4M
10M
0M
9M
0M
6M
52.47%
136M
0M
13M
0M
12M
130M
13.26%
99M
31M
25M
7M
4M
6M
0M
6M
0M
4M
-5.51%
123M
0M
9M
0M
7M
115M
18.20%
89M
26M
21M
7M
4M
6M
0M
6M
0M
4M
-28.30%
109M
0M
8M
0M
6M
97M
14.76%
74M
23M
20M
6M
5M
3M
0M
3M
0M
6M
191.47%
93M
0M
6M
0M
4M
85M
4.50%
64M
20M
16M
3M
5M
2M
0M
2M
0M
2M
-82.71%
81M
0M
7M
0M
4M
81M
3.15%
60M
21M
18M
6M
5M
8M
0M
12M
0M
12M
489.99%
77M
0M
-2M
0M
-5M
78M
5.13%
58M
21M
24M
6,810M
6M
-3M
584M
2M
0M
2M
-22.45%
82M
0M
-2M
0M
-6M
75M
14.78%
53M
22M
19M
4,735M
7M
3M
517M
3M
0M
3M
23.84%
72M
0M
8M
0M
2M
65M
34.03%
42M
23M
21M
5,890M
8M
0M
0M
2M
0M
2M
-22.08%
62M
0M
4M
0M
0M
49M
8.50%
31M
18M
16M
4,346M
6M
2M
0M
3M
0M
3M
-49.59%
47M
0M
3M
0M
2M
45M
20.22%
28M
17M
15M
4,108M
5M
2M
0M
2M
0M
6M
166.56%
43M
0M
3M
0M
2M
37M
0.40%
23M
14M
13M
3,998M
4M
1M
132M
2,063M
0M
2M
10.53%
36M
0M
1M
0M
0M
37M
17.27%
23M
14M
15M
4,263M
4M
-1M
102M
1,867M
0M
2M
-113.92%
38M
0M
-1M
0M
-3M
32M
183.04%
26M
5M
19M
4,013M
5M
-13M
136M
-13,413M
0M
-13M
-6.34%
45M
0M
-5M
0M
-12M
11M
-51.89%
8M
3M
13M
4M
4M
-11M
0M
-14M
0M
-14M
-157.98%
22M
0M
-5M
0M
-7M
23M
55.70%
14M
9M
17M
4M
1M
-8M
0M
26M
0M
25M
-241.95%
32M
0M
-41M
0M
-43M
15M
119.12%
12M
3M
21M
19M
8M
-18M
0M
-17M
0M
-17M
0.00%
33M
0M
-16M
0M
-18M
7M
385.71%
1M
5M
24M
0M
0M
-18M
0M
-17M
0M
-17M
26.09%
25M
0M
-18M
0M
-19M
1M
-
0M
1M
16M
0M
0M
-15M
0M
-14M
0M
-14M
26.09%
16M
0M
-16M
0M
-16M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
4Q1996
3Q1996
2Q1996
1Q1996
87M
10.20%
69M
18M
0M
0M
0M
18M
0M
0M
0M
-23M
73.85%
69M
0M
30M
0M
18M
87M
11.43%
70M
17M
34M
9M
5M
-17M
11M
-24M
-1M
-23M
185.33%
104M
-11M
-5M
12M
-17M
85M
2.28%
67M
18M
31M
8M
5M
-13M
11M
-34M
-3M
-31M
890.98%
98M
-11M
-2M
12M
-13M
80M
-0.82%
66M
14M
31M
8M
5M
-17M
8M
-21M
-2M
-19M
531.89%
98M
-8M
-6M
11M
-17M
79M
-4.32%
62M
17M
30M
9M
4M
-13M
6M
-14M
-1M
-13M
583.53%
92M
-6M
-2M
29M
-13M
78M
2.84%
60M
18M
27M
8M
3M
-9M
4M
-9M
-1M
-8M
-680.44%
87M
-4M
1M
10M
-9M
83M
10.64%
61M
22M
26M
7M
3M
-4M
2M
-2M
1M
-3M
-272.94%
87M
-2M
5M
10M
-4M
81M
14.43%
60M
21M
26M
7M
4M
-5M
2M
-2M
1M
-3M
-240.53%
86M
-2M
4M
9M
-5M
82M
16.52%
58M
25M
26M
7M
4M
-1M
2M
1M
3M
-2M
-195.12%
84M
-2M
7M
8M
-1M
76M
2.13%
58M
18M
21M
5M
4M
-3M
1M
1M
0M
1M
92.04%
79M
-1M
4M
7M
-3M
75M
-8.56%
57M
18M
20M
5M
3M
-2M
1M
2M
0M
2M
1,050.96%
77M
-1M
5M
7M
-2M
71M
-15.61%
53M
17M
19M
5M
3M
-1M
1M
3M
1M
2M
-24.17%
72M
-1M
5M
6M
-1M
71M
-17.64%
53M
17M
19M
5M
3M
-1M
1M
5M
3M
2M
-64.21%
72M
-1M
5M
6M
-1M
74M
-15.68%
54M
20M
19M
5M
3M
1M
1M
2M
1M
1M
-82.97%
73M
-1M
7M
6M
1M
82M
-2.37%
59M
23M
20M
5M
3M
2M
1M
1M
0M
0M
-94.00%
80M
-1M
8M
6M
3M
84M
6.37%
59M
25M
20M
5M
3M
5M
1M
4M
1M
3M
1.25%
78M
-1M
12M
6M
6M
86M
0.39%
60M
26M
16M
4M
2M
10M
1M
9M
3M
6M
30.22%
76M
-1M
15M
5M
10M
88M
5.52%
61M
28M
19M
5M
3M
9M
1M
7M
3M
4M
-21.34%
79M
-1M
14M
5M
9M
84M
3.74%
60M
25M
19M
5M
3M
6M
1M
4M
2M
3M
-27.49%
78M
-1M
10M
5M
6M
79M
-17.58%
56M
23M
18M
4M
3M
5M
1M
4M
1M
3M
-25.23%
74M
-1M
9M
4M
5M
86M
-5.53%
58M
28M
17M
5M
2M
10M
1M
10M
0M
4M
-60.38%
75M
0M
15M
4M
11M
84M
-1.75%
59M
24M
17M
4M
2M
8M
1M
7M
0M
5M
55.44%
76M
0M
11M
4M
8M
81M
-3.72%
59M
22M
16M
4M
2M
6M
1M
5M
0M
4M
-31.16%
75M
0M
9M
4M
6M
96M
37.70%
73M
23M
17M
5M
2M
6M
1M
5M
0M
4M
53.02%
90M
0M
9M
4M
6M
91M
85.68%
65M
26M
15M
4M
2M
11M
1M
10M
0M
11M
297.58%
80M
0M
15M
3M
11M
85M
73.26%
65M
20M
14M
3M
2M
6M
1M
5M
0M
3M
-27.46%
79M
0M
9M
3M
6M
84M
77.44%
63M
21M
14M
3M
2M
7M
1M
6M
0M
5M
28.76%
77M
0M
10M
3M
7M
70M
52.53%
53M
17M
14M
3M
2M
3M
1M
2M
0M
2M
-44.88%
67M
0M
6M
3M
3M
49M
8.38%
32M
16M
11M
4M
1M
5M
0M
5M
0M
3M
-9.00%
43M
0M
6M
1M
6M
49M
10.13%
32M
17M
9M
2M
1M
7M
0M
7M
0M
5M
50.07%
42M
0M
8M
1M
7M
47M
10.67%
32M
16M
10M
3M
1M
6M
0M
6M
0M
4M
78.15%
41M
0M
7M
1M
6M
46M
12.71%
30M
15M
9M
2M
1M
6M
0M
6M
0M
4M
56.61%
39M
0M
7M
0M
6M
45M
16.05%
31M
14M
9M
3M
1M
5M
0M
5M
0M
3M
66.49%
40M
0M
5M
0M
5M
45M
14.61%
31M
14M
9M
3M
1M
5M
0M
5M
0M
3M
17.41%
39M
0M
6M
0M
5M
43M
20.52%
30M
13M
8M
2M
1M
4M
0M
4M
0M
2M
69.61%
38M
0M
5M
0M
5M
40M
17.63%
28M
12M
7M
2M
1M
4M
0M
4M
0M
3M
494.32%
35M
0M
6M
0M
5M
39M
17.09%
28M
11M
7M
2M
1M
3M
0M
3M
0M
2M
101.45%
36M
0M
4M
0M
3M
39M
9.08%
27M
12M
7M
3M
1M
4M
0M
4M
0M
3M
3.76%
35M
0M
4M
0M
4M
36M
14.16%
26M
10M
7M
2M
1M
2M
0M
2M
0M
1M
129.26%
33M
0M
3M
0M
3M
34M
14.73%
26M
9M
7M
2M
1M
1M
0M
1M
0M
0M
522.68%
33M
0M
2M
0M
2M
33M
11.24%
25M
8M
7M
2M
1M
1M
0M
1M
0M
1M
114.86%
32M
0M
2M
0M
2M
36M
21.85%
26M
10M
6M
2M
1M
4M
0M
4M
0M
3M
58.62%
32M
0M
4M
0M
4M
31M
10.73%
24M
7M
6M
2M
1M
1M
0M
1M
0M
1M
-15.57%
30M
0M
2M
0M
1M
30M
8.89%
24M
6M
6M
2M
1M
0M
0M
0M
0M
0M
-95.40%
29M
0M
1M
0M
1M
30M
12.97%
23M
6M
5M
2M
1M
1M
192,863M
1M
0M
0M
-92.88%
29M
0M
3M
0M
3M
29M
16.55%
23M
6M
5M
1M
1M
2M
0M
2M
0M
2M
-241.91%
28M
0M
1M
0M
1M
28M
22.16%
22M
7M
5M
2M
1M
1M
0M
1M
0M
1M
23.04%
27M
0M
2M
0M
2M
28M
22.09%
21M
7M
5M
2M
1M
2M
0M
3M
0M
2M
128.54%
26M
0M
1M
0M
0M
26M
19.44%
20M
7M
6M
3M
1M
3M
0M
3M
0M
6M
387.49%
26M
0M
-1M
0M
-1M
25M
18.32%
19M
6M
5M
1M
1M
-1M
0M
-1M
0M
-1M
-206.37%
24M
0M
4M
0M
4M
23M
10.55%
18M
5M
4M
1M
1M
1M
0M
1M
0M
1M
-173.29%
22M
0M
2M
1M
1M
23M
10.32%
17M
5M
5M
1M
1M
1M
0M
1M
0M
1M
27.96%
22M
0M
1M
1M
0M
22M
8.60%
17M
5M
2M
1M
1M
1M
0M
1M
0M
1M
-29.18%
19M
0M
3M
1M
3M
21M
3.48%
16M
5M
4M
1M
1M
1M
0M
1M
0M
1M
-78.55%
20M
0M
2M
1M
1M
21M
4.12%
16M
5M
4M
1M
1M
-1M
0M
-1M
0M
-1M
-117.23%
20M
0M
4M
1M
3M
20M
1.76%
15M
5M
4M
1M
1M
1M
0M
1M
0M
1M
-41.01%
20M
0M
2M
1M
1M
20M
6.11%
15M
5M
8M
1M
1M
1M
0M
1M
0M
2M
71.41%
23M
0M
-11M
1M
-11M
20M
1.73%
15M
5M
2M
1M
1M
3M
0M
5M
0M
5M
-7,249.24%
18M
0M
4M
1M
3M
20M
-2.09%
15M
5M
5M
2M
1M
3M
0M
5M
0M
4M
102.80%
19M
0M
2M
1M
1M
20M
7.38%
14M
6M
5M
2M
1M
1M
0M
1M
0M
1M
-189.11%
19M
0M
2M
1M
1M
19M
5.04%
14M
5M
7M
6,810M
2M
-2M
584M
1M
0M
1M
-209.00%
21M
0M
-2M
1M
-3M
20M
13.11%
15M
5M
6M
2,240M
2M
-1M
91M
0M
0M
0M
-77.25%
21M
0M
0M
1M
-2M
20M
-1.75%
15M
6M
5M
1,326M
2M
1M
166M
2M
0M
2M
-30.35%
20M
0M
1M
1M
-1M
19M
5.29%
14M
5M
6M
1,795M
2M
-1M
210M
-1M
0M
-1M
-244.35%
20M
0M
1M
1M
-1M
18M
6.05%
14M
4M
5M
4,735M
1M
-1M
517M
-1M
0M
-1M
-697.56%
19M
0M
1M
2M
-1M
18M
5.62%
13M
4M
5M
1,257M
2M
-1M
203M
0M
0M
0M
-116.05%
18M
0M
0M
1M
-1M
21M
32.76%
13M
8M
4M
811M
2M
3M
49M
3M
0M
3M
1,230.44%
18M
0M
5M
1M
3M
18M
16.25%
11M
7M
5M
1,499M
2M
1M
42M
1M
0M
1M
-577.62%
16M
0M
3M
1M
1M
17M
35.87%
9M
8M
5M
5,890M
2M
0M
0M
0M
0M
0M
-84.87%
14M
0M
6M
1M
5M
17M
39.90%
11M
6M
6M
1,698M
2M
0M
70M
2M
0M
2M
145.44%
17M
0M
-1M
1M
-2M
16M
30.63%
11M
5M
5M
948M
2M
0M
0M
0M
0M
0M
-53.05%
16M
0M
1M
1M
0M
15M
29.53%
10M
5M
6M
1,619M
2M
-1M
0M
0M
0M
0M
-135.45%
16M
0M
-1M
1M
-1M
13M
9.86%
4M
9M
4M
4,346M
1M
1M
0M
1M
0M
1M
-73.25%
8M
0M
5M
0M
5M
12M
-2.64%
9M
3M
4M
1M
1M
1M
0M
1M
0M
1M
-3.96%
13M
0M
-1M
0M
-1M
12M
12.81%
8M
4M
4M
1M
1M
0M
0M
1M
0M
1M
-23.73%
12M
0M
1M
0M
0M
12M
15.99%
9M
3M
4M
1M
1M
0M
0M
0M
0M
0M
196.96%
13M
0M
-1M
0M
-1M
12M
18.60%
4M
8M
4M
4,107M
1M
1M
0M
1M
0M
4M
807.59%
7M
0M
4M
0M
4M
12M
32.91%
9M
4M
4M
1M
1M
1M
0M
1M
0M
1M
357.50%
13M
0M
0M
0M
0M
11M
16.05%
7M
4M
3M
1M
1M
1M
0M
1M
0M
1M
15.16%
10M
0M
1M
0M
1M
10M
13.09%
6M
4M
4M
1M
1M
0M
132M
0M
0M
0M
-83.06%
10M
0M
0M
0M
0M
10M
10.89%
3M
7M
3M
3,998M
1M
0M
132M
2,062M
0M
0M
-69.26%
6M
0M
4M
0M
3M
9M
4.92%
7M
2M
3M
1M
1M
0M
0M
0M
0M
0M
-69.92%
10M
0M
-1M
0M
-1M
9M
-3.30%
6M
3M
4M
1M
1M
0M
0M
1M
0M
1M
-165.63%
9M
0M
-1M
0M
-1M
9M
-8.29%
6M
3M
3M
1M
1M
1M
81M
1M
0M
1M
-132.76%
9M
0M
-1M
0M
-1M
9M
-10.70%
5M
3M
3M
4,263M
2M
0M
102M
1,866M
0M
1M
-151.50%
9M
0M
-1M
0M
-1M
9M
8.27%
5M
3M
4M
1M
1M
0M
0M
1M
0M
1M
-116.17%
9M
0M
0M
0M
0M
9M
524.95%
6M
4M
4M
1M
1M
0M
0M
-1M
0M
-1M
-39.81%
9M
0M
2M
1M
1M
10M
328.36%
12M
-2M
1M
4,013M
1M
-3M
136M
-13,409M
0M
-3M
-45.09%
13M
0M
-2M
1M
-3M
10M
65.99%
7M
3M
1M
5,638M
1M
-3M
136M
-3M
0M
-3M
-86.19%
13M
0M
-2M
1M
-3M
8M
190.39%
6M
2M
6M
2M
1M
-4M
0M
-4M
0M
-4M
-387.82%
12M
0M
2M
5M
-4M
2M
-49.53%
1M
0M
2M
3M
1M
-2M
0M
-4M
0M
-1M
-72.98%
3M
0M
-1M
0M
-2M
2M
-24.70%
2M
0M
4M
9M
3M
-4M
1M
-49M
0M
-5M
-7.53%
6M
0M
-2M
0M
-2M
6M
1.90%
3M
3M
4M
20M
1M
-20M
1M
-19M
0M
-19M
-160.88%
25M
0M
-16M
4M
-20M
3M
-54.45%
2M
0M
3M
4M
1M
-2M
0M
1M
0M
1M
-164.06%
5M
0M
-5M
0M
-6M
3M
-49.90%
2M
1M
3M
4M
1M
-2M
0M
-5M
0M
-5M
125.62%
5M
0M
2M
0M
1M
3M
-41.52%
2M
1M
4M
3M
1M
-3M
0M
-5M
0M
-5M
89.03%
6M
0M
0M
0M
0M
6M
26.09%
4M
2M
4M
0M
0M
-2M
0M
0M
0M
32M
-964.86%
8M
0M
-2M
0M
-2M
6M
51.22%
4M
3M
4M
0M
0M
-2M
0M
0M
0M
-2M
-52.38%
8M
0M
-1M
1M
-2M
6M
66.67%
4M
3M
4M
0M
0M
-2M
0M
0M
0M
-2M
-50.00%
8M
0M
-1M
1M
-2M
5M
100.00%
4M
2M
4M
0M
0M
-3M
0M
0M
0M
-3M
-40.43%
8M
0M
-2M
1M
-3M
5M
91.67%
3M
2M
5M
5M
2M
-4M
0M
-4M
0M
-4M
-9.76%
8M
0M
-4M
0M
-4M
4M
141.18%
3M
1M
5M
0M
0M
-4M
0M
0M
0M
-4M
7.69%
8M
0M
-4M
0M
-4M
4M
89.47%
3M
0M
5M
0M
0M
-5M
0M
0M
0M
-5M
17.07%
9M
0M
-5M
0M
-5M
3M
225.00%
2M
0M
5M
0M
0M
-5M
0M
-5M
0M
-5M
-9.62%
7M
0M
-4M
1M
-5M
2M
380.00%
1M
2M
6M
0M
0M
-4M
0M
-4M
0M
-4M
-14.58%
7M
0M
-4M
0M
-5M
2M
466.67%
0M
1M
5M
0M
2M
-4M
0M
-4M
0M
-4M
14.71%
6M
0M
-4M
0M
-4M
2M
375.00%
0M
2M
6M
0M
0M
-4M
0M
-4M
0M
-4M
57.69%
6M
0M
-5M
0M
-5M
1M
300.00%
0M
1M
6M
0M
0M
-6M
0M
-5M
0M
-5M
73.33%
6M
0M
-6M
0M
-6M
1M
-
0M
1M
5M
0M
0M
-5M
0M
-5M
0M
-5M
73.33%
6M
0M
-5M
0M
-6M
0M
-
0M
0M
4M
0M
0M
-4M
0M
-4M
0M
-3M
73.33%
4M
0M
-4M
0M
-4M
0M
-
0M
0M
3M
0M
0M
-3M
0M
-3M
0M
-3M
73.33%
3M
0M
-3M
0M
-3M
0M
-
0M
0M
3M
0M
0M
-3M
0M
0M
0M
-3M
73.33%
3M
0M
-3M
0M
-3M