Is TUCOWS INC /PA/ financially healthy?

TUCOWS INC /PA/ scores 2 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

TUCOWS INC /PA/ (TCX)

Nasdaq · Common Stock · Services-Computer Processing & Data Preparation

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Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

2 / 7

FAILReturn on assets positiveROA -10.4%
FAILOperating cash flow positiveOCF -6M
PASSReturn on assets improving-14.5% → -10.4%
PASSCash flow exceeds earningsOCF -6M vs NI -76M
FAILLong-term debt ratio falling25.8% → 26.0% of assets
FAILCurrent ratio improving1.03 → 0.61
FAILNo share dilution11M → 11M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improvingno data

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$311.2M	$5.8M	−$8.4M	27.5%	10,692,281
FY2021	$304.3M	$3.4M	−$43.5M	25.7%	10,817,468
FY2022	$321.1M	−$27.6M	−$116.8M	24.4%	10,769,280
FY2023	$339.3M	−$96.2M	−$96.8M	19.6%	10,864,086
FY2024	$362.3M	−$109.9M	−$76.2M	22.9%	10,967,581

Identity

CIK: 0000909494
FIGI: BBG000L69KL5
SIC: 7374 · Services-Computer Processing & Data Preparation
Incorporated: PA
Headquarters: TORONTO, Ontario, Canada

Ownership

Institutional: 71.0%
Institutions: 102
Insiders: 20.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other services-computer processing & data preparation companies

TUCOWS INC /PA/ files under SIC 7374 — all 21 services-computer processing & data preparation companies compared on assets and F-score.

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Questions about TUCOWS INC /PA/

Is TUCOWS INC /PA/ financially healthy?: TUCOWS INC /PA/ scores 2 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.