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Tucows TCX · USD

Information Technology · US listing · 🇺🇸 United States

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13.52

+6.54%

Close of 9 Nov 2026, in USD

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About Tucows

From its filings with the US Securities and Exchange Commission

SEC filings

Tucows is based in Toronto, Ontario, Canada and is incorporated in Pennsylvania. Its shares trade on Nasdaq under the ticker TCX. The SEC classifies its business as computer processing & data preparation. In the fiscal year to 31 December 2024, it reported revenue of $362.3m.

In its own words

Our mission is to provide simple useful services that help people unlock the power of the Internet.

We accomplish this by reducing the complexity of our customers’ experience as they access the Internet (at home or on the go) and while using Internet services such as domain name registration, email and other Internet related services. We are organized into three operating and reporting segments - Ting, Wavelo, and Tucows Domains. Each segment is differentiated primarily by their services, the markets they serve and the regulatory environments in which they operate. The Ting segment contains the operating results of our retail high speed Internet access operations, including its wholly owned subsidiaries - Cedar and Simply Bits. The Wavelo segment includes our platform and professional services offerings, as well as the billing solutions to Internet services providers ("ISPs"). Tucows Domains includes wholesale and retail domain name registration services, as well as value-added services derived through our OpenSRS, Enom, Ascio, EPAG and Hover brands.

Our Chief Executive Officer ("CEO"), who is also our chief operating decision maker, reviews the operating results of Ting, Wavelo and Tucows Domains as three distinct segments in order to make key operating decisions as well as evaluate segment performance.

Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
30 Apr 1996
Employees
759
Website
tucows.com ↗
Head office
96 MOWAT AVENUE, TORONTO, A6, M6K 3M1
Incorporated in
PA
Classification
Services-Computer Processing & Data Preparation
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. Laurenz NienaberChairman of the Board
  • Mr. Elliot NossPresident, Chief Executive Officer, Director, since 2001$975,734
  • Mr. Jeffrey Tory UhrenbacherIndependent Vice Chairman of the Board, since 2025
  • Mr. Ivan IvanovChief Financial Officer$583,424
  • Mr. Justin ReillyChief Executive Officer - Wavelo$573,473
  • Mr. David WorochChief Executive Officer of Tucows Domains Services$594,766
  • Mr. Bret FausettVice President - Regulatory Affairs, Chief Legal Officer$676,997
  • Dr. Sandra MatzDirector
  • Mr. Allen TaylorDirector
  • Mr. Stephan UhrenbacherDirector
  • Ms. Marlene CarlIndependent Director$73,275
  • Mr. Lee MathesonIndependent Director$73,275

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
6
Social
36
Governance
67
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Tucows Inc has a strong and established brand reputation in the domain registration and internet services industry. The company has been in operation for over 25 years, providing reliable and innovative solutions to its customers. Its extensive experience and expertise give it a competitive edge.
  • Tucows Inc has a diverse portfolio of services, including domain registration, email and hosting services, mobile and broadband solutions. This diversified business model allows the company to tap into multiple revenue streams and cater to various customer needs.
  • The company has a global presence with a large customer base, enabling it to reach customers across different geographic regions. This widespread reach provides Tucows Inc with opportunities for growth and market expansion.

Weaknesses

  • Tucows Inc heavily relies on partnerships with internet service providers (ISPs) and resellers for distribution. This dependence on external entities could pose a risk if any of these partnerships are terminated or if the company fails to establish strong relationships with potential partners.
  • The company's success is highly tied to the growth and stability of the internet industry. Any fluctuations or downturns in the industry could negatively impact Tucows Inc's financial performance.
  • Tucows Inc faces intense competition from other industry players, including larger companies with more extensive resources and market presence. This competition can make it challenging for the company to differentiate and maintain market share.

Opportunities

  • The increasing adoption of internet services worldwide presents a significant opportunity for Tucows Inc to expand its customer base and revenue. The global digital transformation and rising demand for online services create a favorable market environment for the company.
  • Tucows Inc can explore strategic partnerships or acquisitions to enhance its service offerings and enter new markets. Collaborations with complementary businesses can help the company diversify its product portfolio and reach a wider range of customers.
  • The growing trend of businesses transitioning to online platforms provides an opportunity for Tucows Inc to offer specialized services and support for e-commerce ventures, further driving its growth and profitability.

Threats

  • Rapid technological advancements and evolving customer preferences pose a threat to Tucows Inc. The industry landscape is constantly changing, and the company needs to adapt to emerging technologies and stay ahead of competition to remain relevant.
  • Government regulations and legal barriers in different countries can hinder Tucows Inc's operations and expansion plans. Compliance with country-specific laws and regulations can be complex and time-consuming.
  • Cybersecurity threats and data breaches are a significant concern for internet service providers like Tucows Inc. The company needs to invest in robust security measures to protect its infrastructure and customer data from potential breaches.

Sources and methodology

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