XML 80 R69.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 13 - Segment Reporting - Information by Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net loss for the period $ (26,484) $ (19,083)
Provision (recovery) for income taxes 1,774 (1,710)
Depreciation of property and equipment 9,987 8,588
Impairment and loss on disposition of property and equipment 53 1,942
Amortization of intangible assets 1,679 2,872
Interest expense, net 11,879 7,880
Share-Based Payment Arrangement, Expense 1,873 2,246
Unrealized loss (gain) on foreign exchange revaluation of foreign denominated monetary assets and liabilities 390 40
Acquisition and other costs1 3,051 255
Adjusted EBITDA 4,202 3,030
External revenues 87,457 80,430
Intersegment revenues 0 0
Total net revenues 87,457 80,430
Direct cost of revenues 51,794 49,290
Segment gross margin 35,663 31,140
Network, other costs 7,064 6,323
Network, depreciation of property and equipment 9,865 8,436
Network, amortization of intangible assets 365 378
Network, impairment of property and equipment 53 1,942
Gross profit 18,316 14,061
Sales and marketing 18,565 15,737
Technical operations and development 5,016 4,815
General and administrative 9,818 8,146
Depreciation of property and equipment 122 152
Amortization of intangible assets 1,314 2,494
Total expenses 34,835 31,344
Loss from operations (16,519) (17,283)
Interest expense, net (11,879) (7,880)
Income earned on sale of transferred assets 3,621 4,370
Other expense, net 67 0
Total other income (expense) (8,191) (3,510)
Loss before provision for income taxes (24,710) (20,793)
Adjusted EBITDA 4,202 3,030
Loss from operations (16,519) (17,283)
Income earned on sale of transferred assets   4,370
Ting [Member]    
Adjusted EBITDA (9,537) (9,273)
External revenues 14,102 11,853
Intersegment revenues 0 0
Total net revenues 14,102 11,853
Direct cost of revenues 5,360 3,985
Segment gross margin 8,742 7,868
Adjusted EBITDA (9,537) (9,273)
Wavelo [Member]    
Adjusted EBITDA 2,787 335
External revenues 9,191 6,642
Intersegment revenues 199 658
Total net revenues 9,390 7,300
Direct cost of revenues 351 1,026
Segment gross margin 9,039 7,590
Adjusted EBITDA 2,787 335
Tucows Domains [Member]    
Adjusted EBITDA 10,011 10,338
External revenues 61,882 59,242
Intersegment revenues 0 0
Total net revenues 61,882 59,242
Direct cost of revenues 43,346 41,721
Segment gross margin 18,536 17,521
Adjusted EBITDA 10,011 10,338
Corporate Segment [Member]    
Adjusted EBITDA 941 1,630
External revenues 2,282 2,693
Intersegment revenues (199) (658)
Total net revenues 2,083 2,035
Direct cost of revenues 2,737 2,558
Segment gross margin (654) (1,839)
Adjusted EBITDA $ 941 $ 1,630