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Adjusted EBITDA by Segment
Measures operating profitability before certain non‑cash or one‑time items for each segment, highlighting cash-generating strength, relative efficiency, and which lines support corporate cash flow.Domains is the reliable cash engine underpinning Tucows’ strategy, allowing aggressive investment in Wavelo even as Wavelo’s margins are being pressured by those investments and potential fee runoff tied to the Ting sale. Ting has moved from a heavy drag toward near breakeven, which materially improves consolidated EBITDA if the divestiture closes—but that same sale could reduce Wavelo fees, creating blunt tradeoffs. Rising corporate-level losses and only modest unrestricted cash mean buybacks and growth moves are contingent on deleveraging and a clear Ting outcome.
Date | Ting | Wavelo | Tucows Domains | Tucows Corporate |
|---|---|---|---|---|
Jun 30, 2026 | $1.52M | $2.83M | $11.88M | -$3.93M |
Mar 31, 2026 | -$430.00K | $3.62M | $11.63M | -$3.15M |
Dec 31, 2025 | -$861.00K | $3.39M | $12.49M | -$3.94M |
Sep 30, 2025 | -$882.00K | $4.29M | $12.10M | -$2.23M |
Jun 30, 2025 | -$3.65M | $5.36M | $12.54M | -$1.68M |
Mar 31, 2025 | -$854.00K | $4.45M | $11.54M | -$1.46M |
Dec 31, 2024 | -$1.47M | $3.68M | $11.63M | -$955.00K |
Sep 30, 2024 | -$5.07M | $3.43M | $11.53M | -$1.20M |
Jun 30, 2024 | -$6.44M | $3.91M | $11.22M | $492.00K |
Mar 31, 2024 | -$9.54M | $2.79M | $10.01M | $941.00K |