TUCOWS INC /PA/
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-75.8M | $-109.9M | $-96.2M | $-27.6M | $3.4M | $5.8M | $15.4M | $17.1M |
| Depreciation & Amortization | $3.5M | $4.3M | $9.9M | $598.0K | $534.0K | $488.0K | $486.0K | $424.0K |
| Depreciation | $41.6M | $40.3M | $36.4M | $28.2M | $18.0M | $12.6M | $9.0M | $5.7M |
| Amortization | $4.7M | $5.3M | $10.8M | $11.4M | $10.0M | $11.4M | $10.3M | $9.2M |
| Stock-Based Compensation | $7.1M | $7.0M | $8.1M | $7.6M | $4.6M | $3.7M | $2.9M | $2.6M |
| Net Cash from Operating Activities | $-5.8M | $-19.7M | $-4.8M | $19.9M | $29.6M | $36.1M | $40.4M | $37.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $17.1M | $56.5M | $92.1M | $136.7M | $73.2M | $44.4M | $44.1M | $27.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.2M | $-56.5M | $-92.6M | $-137.5M | $-102.0M | $-53.3M | $-76.1M | $-29.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | $0 | $0 | $3.3M | $5.0M | $0 |
| Net Cash from Financing Activities | $-5.4M | $44.5M | $178.8M | $132.0M | $73.1M | $5.1M | $43.5M | $-12.9M |
| Net Change in Cash | $-9.0M | $-31.7M | $81.5M | $14.4M | $794.0K | $-12.1M | $7.8M | $-5.4M |
| Free Cash Flow | $-22.9M | $-76.2M | $-96.8M | $-116.8M | $-43.5M | $-8.4M | $-3.7M | $9.3M |