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Tucows Inc. (TCX)

Technology | Software - Infrastructure | Toronto, Canada | NasdaqCM
17.61 USD +0.07 (0.428%) ⇧ (April 21, 2026, 11:02 a.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:43 a.m. EDT

Tucows (TCX) is currently a fundamental value trap facing a 'double whammy' of cash burn (negative operating & free cash flow) and an existential threat regarding its Ting division. Despite the $40M buyback and institutional interest, the stock's structural flaws (high short ratio, negative book value, deleterious profit margins) and insider selling at current prices outweigh the optimistic 5.7% price forecast. The options market is essentially pricing in a potential volatility event or permanent capital re-allocation at $25-$30, suggesting a higher probability of further downside before any significant recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.260229
AutoTheta0.276014
AutoETS0.276055
MSTL0.278162

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 48%
H-stat 5.28
Ljung-Box p 0.000
Jarque-Bera p 0.059
Excess Kurtosis -0.30
Attribute Value
Sector Technology
Last Dividend Date 2001-05-10
Revenue per Share 35.271
Market Cap 195,925,552
Forward P/E 9.07
Beta 1.03
Profit Margins -19.43%
Website https://www.tucows.com

As of April 19, 2026, 12:43 a.m. EDT: Options activity reveals a distinct asymmetry in speculator positioning. The June-August Put chain shows massive Open Interest (OI) concentration at strikes $25.00 (306 contracts) and $30.00 (67 contracts), creating a heavy 'wall' for downside protection or a hedge against a deeper correction to these levels. Conversely, while there is some ATM call interest, the volume of long-dated puts significantly outweighs calls in terms of positioning weight ($377vs$347 OI in the extended May-Aug periods combined). This suggests a net-long-term bearish bias or strong hedging activity by shareholders concerned about the potential impairment of the Ting asset sale and management instability. Implied Volatility (IV) in the near term is low (approx 0.5-3.4%), indicating complacency or low expectations for immediate news-driven volatility, while longer-dated IV remains suppressed.


Dividend Data

Dividend History
Date Dividend Yield %
2001-05-11 0.268 6.979167
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.268
lastDividendDate 2001-05-11

Info Dump

Attribute Value
52 Week Change 0.06760049
Address1 96 Mowat Avenue
All Time High 94.2
All Time Low 0.4
Ask 22.89
Ask Size 2
Audit Risk 10
Average Daily Volume10 Day 31,650
Average Daily Volume3 Month 31,301
Average Volume 31,301
Average Volume10Days 31,650
Beta 1.028
Bid 12.71
Bid Size 2
Board Risk 9
Book Value -14.778
City Toronto
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 17.605
Current Ratio 0.615
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 17.83
Day Low 17.31
Display Name Tucows
Earnings Call Timestamp End 1,772,056,800
Earnings Call Timestamp Start 1,772,056,800
Earnings Timestamp 1,770,930,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda 27,794,000
Ebitda Margins 0.07121
Enterprise To Ebitda 29.865
Enterprise To Revenue 2.127
Enterprise Value 830,065,856
Eps Forward 1.94
Eps Trailing Twelve Months -6.85
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.3098
Fifty Day Average Change 0.29520035
Fifty Day Average Change Percent 0.017053945
Fifty Two Week Change Percent 6.760049
Fifty Two Week High 25.17
Fifty Two Week High Change -7.5650005
Fifty Two Week High Change Percent -0.30055624
Fifty Two Week Low 15.18
Fifty Two Week Low Change 2.4249992
Fifty Two Week Low Change Percent 0.15974961
Fifty Two Week Range 15.18 - 25.17
Financial Currency USD
First Trade Date Milliseconds 830,871,000,000
Float Shares 5,696,476
Forward Eps 1.94
Forward P E 9.074741
Free Cashflow -21,019,124
Full Exchange Name NasdaqCM
Full Time Employees 759
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.35224998
Gross Profits 137,484,000
Has Pre Post Market Data 1
Held Percent Insiders 0.20129
Held Percent Institutions 0.67851996
Implied Shares Outstanding 11,128,972
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Ir Website http://tucowsinc.com/investors/
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 989,539,200
Last Dividend Value 0.268
Last Fiscal Year End 1,767,139,200
Last Split Date 1,388,448,000
Last Split Factor 1:4
Long Business Summary Tucows Inc. provides domain name registration, email, and other internet related services in North America and Europe. It operates through three segments: Ting, Wavelo, and Tucows Domains. The Ting segment provides gigabit fiber and fixed wireless internet services to consumer and business customers. The Wavelo segment offers full-service platforms and professional services that support communication services providers, including subscription and billing management, network orchestration and provisioning, and individual developer tools, as well as billing solutions to internet services providers under the Platypus brand. The Tucows Domains segment provides wholesale and retail domain name registration services under the OpenSRS, eNom, Ascio, EPAG, and Hover brands, as well as value added services, such as hosted email, internet security services, WHOIS privacy, and other value-added services. The company offers its services primarily through an internet-based distribution network of internet service providers, web hosting companies, and other providers of internet services to end-users. Tucows Inc. was founded in 1992 and is headquartered in Toronto, Canada.
Long Name Tucows Inc.
Market us_market
Market Cap 195,925,552
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1342547
Most Recent Quarter 1,767,139,200
Net Income To Common -75,819,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 192,753,795
Open 17.31
Operating Cashflow -5,758,000
Operating Margins -0.084259994
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.89
Phone 416 535 0123
Previous Close 17.53
Price Hint 2
Price To Book -1.1912979
Price To Sales Trailing12 Months 0.50198704
Profit Margins -0.19426
Quick Ratio 0.216
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.074998856
Regular Market Change Percent 0.42783144
Regular Market Day High 17.83
Regular Market Day Low 17.31
Regular Market Day Range 17.31 - 17.83
Regular Market Open 17.31
Regular Market Previous Close 17.53
Regular Market Price 17.605
Regular Market Time 1,776,783,762
Regular Market Volume 2,453
Return On Assets -0.01496
Revenue Growth 0.06
Revenue Per Share 35.271
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 4
Shares Outstanding 11,128,972
Shares Percent Shares Out 0.052399997
Shares Short 583,669
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 523,028
Short Name Tucows Inc.
Short Percent Of Float 0.0862
Short Ratio 14.47
Source Interval 15
State ON
Symbol TCX
Total Cash 46,759,000
Total Cash Per Share 4.202
Total Debt 681,734,016
Total Revenue 390,300,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -6.85
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.60995
Two Hundred Day Average Change -2.0049496
Two Hundred Day Average Change Percent -0.10224145
Type Disp Equity
Volume 2,453
Website https://www.tucows.com
Zip M6K 3M1