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Note 13 - Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Ting |  |  | Wavelo |  |  | Tucows Domains |  |  | Consolidated Totals |
For the Three Months Ended June 30, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 16,410 |  |  | $ | 12,228 |  |  | $ | 67,604 |  |  | $ | 96,242 |
Intersegment revenues (1) |  |  | - |  |  |  | 428 |  |  |  | - |  |  |  | 428 |
Total net revenues |  |  | 16,410 |  |  |  | 12,656 |  |  |  | 67,604 |  |  |  | 96,670 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  | 7,835 |  |  |  | 95 |  |  |  | 46,044 |  |  |  | 53,974 |
Network, other costs (2) |  |  | 2,338 |  |  |  | 2,381 |  |  |  | 2,005 |  |  |  | 6,724 |
Sales and marketing |  |  | 4,809 |  |  |  | 2,811 |  |  |  | 3,829 |  |  |  | 11,449 |
Technical operations and development |  |  | 513 |  |  |  | 1,831 |  |  |  | 1,907 |  |  |  | 4,251 |
General and administrative |  |  | 4,736 |  |  |  | 913 |  |  |  | 1,627 |  |  |  | 7,276 |
Other segment items (3) |  |  | (170 | ) |  |  | (735 | ) |  |  | (351 | ) |  |  | (1,256 | )
Segment Adjusted EBITDA |  | $ | (3,651 | ) |  | $ | 5,360 |  |  | $ | 12,543 |  |  | $ | 14,252 |
|  | Ting |  |  | Wavelo |  |  | Tucows Domains |  |  | Consolidated Totals |
For the Three Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 14,571 |  |  | $ | 10,221 |  |  | $ | 62,368 |  |  | $ | 87,160 |
Intersegment revenues (1) |  |  | - |  |  |  | 280 |  |  |  | - |  |  |  | 280 |
Total net revenues |  |  | 14,571 |  |  |  | 10,501 |  |  |  | 62,368 |  |  |  | 87,440 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  | 3,052 |  |  |  | 339 |  |  |  | 43,499 |  |  |  | 46,890 |
Network, other costs (2) |  |  | 3,967 |  |  |  | 2,534 |  |  |  | 1,730 |  |  |  | 8,231 |
Sales and marketing |  |  | 8,928 |  |  |  | 1,881 |  |  |  | 3,372 |  |  |  | 14,181 |
Technical operations and development |  |  | 853 |  |  |  | 1,466 |  |  |  | 1,741 |  |  |  | 4,060 |
General and administrative |  |  | 4,518 |  |  |  | 902 |  |  |  | 1,251 |  |  |  | 6,671 |
Other segment items (3) |  |  | (305 | ) |  |  | (532 | ) |  |  | (442 | ) |  |  | (1,279 | )
Segment Adjusted EBITDA |  | $ | (6,442 | ) |  | $ | 3,911 |  |  | $ | 11,217 |  |  | $ | 8,686 |
|  | Ting |  |  | Wavelo |  |  | Tucows Domains |  |  | Consolidated Totals |
For the Six Months Ended June 30, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 32,725 |  |  | $ | 23,180 |  |  | $ | 132,859 |  |  | $ | 188,764 |
Intersegment revenues (1) |  |  | - |  |  |  | 872 |  |  |  | - |  |  |  | 872 |
Total net revenues |  |  | 32,725 |  |  |  | 24,052 |  |  |  | 132,859 |  |  |  | 189,636 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  | 12,358 |  |  |  | 232 |  |  |  | 91,084 |  |  |  | 103,674 |
Network, other costs (2) |  |  | 4,650 |  |  |  | 4,632 |  |  |  | 3,659 |  |  |  | 12,941 |
Sales and marketing |  |  | 9,394 |  |  |  | 5,137 |  |  |  | 7,392 |  |  |  | 21,923 |
Technical operations and development |  |  | 973 |  |  |  | 3,525 |  |  |  | 4,061 |  |  |  | 8,559 |
General and administrative |  |  | 9,950 |  |  |  | 1,930 |  |  |  | 3,007 |  |  |  | 14,887 |
Other segment items (3) |  |  | (95 | ) |  |  | (1,213 | ) |  |  | (427 | ) |  |  | (1,735 | )
Segment Adjusted EBITDA |  | $ | (4,505 | ) |  | $ | 9,809 |  |  | $ | 24,083 |  |  | $ | 29,387 |
|  | Ting |  |  | Wavelo |  |  | Tucows Domains |  |  | Consolidated Totals |
For the Six Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 28,673 |  |  | $ | 19,336 |  |  | $ | 124,250 |  |  | $ | 172,259 |
Intersegment revenues (1) |  |  | - |  |  |  | 555 |  |  |  | - |  |  |  | 555 |
Total net revenues |  |  | 28,673 |  |  |  | 19,891 |  |  |  | 124,250 |  |  |  | 172,814 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  | 6,268 |  |  |  | 690 |  |  |  | 86,845 |  |  |  | 93,803 |
Network, other costs (2) |  |  | 8,623 |  |  |  | 5,029 |  |  |  | 3,601 |  |  |  | 17,253 |
Sales and marketing |  |  | 21,852 |  |  |  | 3,552 |  |  |  | 6,740 |  |  |  | 32,144 |
Technical operations and development |  |  | 1,672 |  |  |  | 3,292 |  |  |  | 3,595 |  |  |  | 8,559 |
General and administrative |  |  | 9,162 |  |  |  | 1,791 |  |  |  | 2,883 |  |  |  | 13,836 |
Other segment items (3) |  |  | (2,925 | ) |  |  | (1,161 | ) |  |  | (642 | ) |  |  | (4,728 | )
Segment Adjusted EBITDA |  | $ | (15,979 | ) |  | $ | 6,698 |  |  | $ | 21,228 |  |  | $ | 11,947 |
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block] |
Reconciliation of Segment Adjusted EBITDA to Net loss before tax |  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(In Thousands of US Dollars) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Segment Adjusted EBITDA |  | $ | 14,252 |  |  | $ | 8,686 |  |  | $ | 29,387 |  |  | $ | 11,947 |
Reconciling items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate and other (1) |  |  | (1,675 | ) |  |  | 492 |  |  |  | (3,139 | ) |  |  | 1,433 |
Depreciation of property and equipment |  |  | (10,539 | ) |  |  | (10,173 | ) |  |  | (20,999 | ) |  |  | (20,160 | )
Impairment and loss (gain) on disposition of property and equipment |  |  | 1,353 |  |  |  | - |  |  |  | 1,149 |  |  |  | (53 | )
Amortization of intangible assets |  |  | (1,115 | ) |  |  | (1,201 | ) |  |  | (2,321 | ) |  |  | (2,880 | )
Interest expense, net |  |  | (13,621 | ) |  |  | (12,553 | ) |  |  | (27,234 | ) |  |  | (24,432 | )
Stock-based compensation |  |  | (1,386 | ) |  |  | (1,702 | ) |  |  | (2,891 | ) |  |  | (3,575 | )
Unrealized loss (gain) on foreign exchange revaluation of foreign denominated monetary assets and liabilities |  |  | 72 |  |  |  | (164 | ) |  |  | 437 |  |  |  | (554 | )
Acquisition and other costs (2) |  |  | (713 | ) |  |  | (769 | ) |  |  | (728 | ) |  |  | (3,820 | )
Net loss before tax |  | $ | (13,372 | ) |  | $ | (17,384 | ) |  | $ | (26,339 | ) |  | $ | (42,094 | )
Schedule of Property Plant and Equipment by Geographic Region [Table Text Block] |
|  | June 30, 2025 |  |  | December 31, 2024 |
Canada |  | $ | 859 |  |  | $ | 897 |
United States |  |  | 304,468 |  |  |  | 330,148 |
Europe |  |  | 4 |  |  |  | 4 |
|  | $ | 305,331 |  |  | $ | 331,049 |
Schedule of Acquired Intangible Assets by Major Class [Table Text Block] |
|  | June 30, 2025 |  |  | December 31, 2024 |
Canada |  | $ | 971 |  |  | $ | 1,258 |
United States |  |  | 8,651 |  |  |  | 11,225 |
|  | $ | 9,622 |  |  | $ | 12,483 |
Financing Receivable, Allowance for Credit Loss [Table Text Block] |
Expected credit losses |  | Balance at beginning of period |  |  | Increase in ECL provision |  |  | Write-offs during period |  |  | Balance at end of the period |
Six Months Ended June 30, 2025 |  | $ | 923 |  |  | $ | 232 |  |  | $ | (27 | ) |  |  | 1,128 |
Twelve months ended December 31, 2024 |  | $ | 511 |  |  | $ | 412 |  |  | $ | - |  |  |  | 923 |

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite and indefinite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References No definition available. + Details
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