NASDAQ$TCX
Tucows Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Tucows' financial performance remained stable, with revenue impacted by the sale of Ting Mobile customer relationships but offset by growth in Domains and Ting Internet businesses.
Tucows reported a decrease in net revenue and net income for Q1 2021, primarily due to the sale of its Ting Mobile customer relationships to DISH. However, the combined Domains and Ting Internet businesses saw revenue growth. Adjusted EBITDA remained relatively flat. The company is focusing on profitability in its Domains business and investing in the Ting Internet business.
- Net revenue decreased due to the sale of Ting Mobile customer relationships.
- Excluding Mobile Services, combined Domains and Ting Internet revenue increased by 4%.
- Net income decreased due to higher Fiber network related depreciation and a slightly higher effective annual tax rate.
- Adjusted EBITDA remained flat year-over-year.
Headline financials
Revenue & EPS history
Tucows · Revenue · Quarterly
$70.9M
Forward guidance
Management expects continued growth in the Domains and Ting Internet businesses, with a focus on profitability and strategic investments in fiber infrastructure. The Mobile Services business is expected to contribute through the MSE platform, leveraging the DISH partnership.
Tailwinds
- Growth in Domains and Ting Internet businesses.
- Focus on profitability in the Domains business.
- Strategic investments in fiber infrastructure.
- Contribution from the Mobile Services business through the MSE platform.
- Leveraging the DISH partnership for Mobile Services.
Headwinds
- Decelerating new registration volumes in Domains.
- Impact of Ting Mobile customer relationships sale on revenue.
- Higher Fiber network related depreciation.
- Slightly higher effective annual tax rate.
- Uncertainties and risks associated with forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.4%
Avg return
Earnings day
-2.0%
Avg return
5 days after
-1.9%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+31.1%
Q3 2012
Best reaction
-20.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.0% | -7.2% | -14.7% | |
| Q4 2025 | +5.6% | -2.2% | -11.2% | |
| Q3 2025 | +4.6% | +11.1% | +8.1% | |
| Q1 2025 | -2.2% | +0.0% | +11.7% | |
| Q4 2024 | +26.6% | -11.1% | -16.4% | |
| Q3 2024 | -8.0% | -10.2% | +2.7% | |
| Q2 2024 | -7.1% | -10.1% | -14.6% | |
| Q1 2024 | +4.3% | +16.0% | +22.5% | |
| Q4 2023 | -5.7% | -13.5% | -15.9% | |
| Q3 2023 | +23.5% | +26.4% | +41.9% | |
| Q2 2023 | -10.7% | -21.6% | -9.2% | |
| Q1 2023 | -12.2% | -10.8% | +11.0% | |
| Q4 2022 | -0.7% | +0.9% | -32.8% | |
| Q3 2022 | -20.7% | -20.0% | -25.5% | |
| Q2 2022 | +12.6% | +9.9% | -5.9% | |
| Q1 2022 | -11.2% | -11.5% | -11.5% | |
| Q4 2021 | -2.1% | -1.0% | -18.1% | |
| Q3 2021 | +5.1% | +3.5% | -6.9% | |
| Q2 2021 | +2.1% | -0.9% | +1.1% | |
| Q1 2021 | +5.0% | +6.2% | +6.0% | |
| Q4 2020 | -7.4% | -7.5% | -10.7% | |
| Q3 2020 | -5.6% | -2.3% | +2.3% | |
| Q2 2020 | -6.7% | -9.3% | -11.3% | |
| Q1 2020 | +6.4% | +1.3% | +15.3% | |
| Q4 2019 | -4.5% | -4.6% | -21.1% | |
| Q3 2019 | +5.9% | +7.2% | +4.3% | |
| Q2 2019 | +4.3% | +4.0% | +17.8% | |
| Q1 2019 | -19.2% | -23.1% | -27.1% | |
| Q4 2018 | +0.5% | +5.1% | +12.1% | |
| Q3 2018 | +16.9% | +9.4% | +14.9% | |
| Q2 2018 | -4.1% | -2.3% | -1.7% | |
| Q1 2018 | -4.8% | -3.8% | +0.1% | |
| Q4 2017 | +5.0% | -1.9% | -0.9% | |
| Q3 2017 | -3.8% | -1.1% | +2.1% | |
| Q2 2017 | +12.4% | +1.8% | -2.8% | |
| Q1 2017 | -5.7% | -2.6% | -0.8% | |
| Q4 2016 | -5.6% | -4.2% | -4.6% | |
| Q3 2016 | +5.1% | +9.0% | +20.2% | |
| Q2 2016 | -5.2% | -5.8% | -3.8% | |
| Q1 2016 | +6.0% | — | — | |
| Q4 2015 | +4.0% | — | — | |
| Q3 2015 | -2.4% | — | — | |
| Q2 2015 | -4.3% | — | — | |
| Q1 2015 | +7.5% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | +2.3% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | +8.0% | — | — | |
| Q2 2013 | +9.2% | — | — | |
| Q1 2013 | -9.5% | — | — | |
| Q4 2012 | -12.4% | — | — | |
| Q3 2012 | +31.1% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2012 | -8.1% | — | — | |
| Q4 2009 | +5.9% | — | — | |
| Q1 2011 | +5.9% | — | — | |
| Q4 2011 | +5.9% | — | — | |
| Q3 2010 | +1.1% | — | — | |
| Q3 2011 | +1.1% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q2 2010 | -3.8% | — | — | |
| Q1 2010 | -4.2% | — | — |
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