TORONTO, November 6, 2025 – Tucows Inc. (NASDAQ:TCX, TSX:TC), a global internet services leader, today reported its unaudited financial results for the third quarter ended September 30, 2025. All figures are in U.S. dollars.
“We’re seeing the operating leverage we’ve been working toward,” said Ivan Ivanov, CFO of Tucows. “Broad‑based topline growth, strong economics at Wavelo, continued margin expansion from Domains, and a more capital‑efficient Ting combined to deliver a 53% increase in Adjusted EBITDA on 9% gross‑profit growth. This puts our year-to-date consolidated Adjusted EBITDA of $39.5 million slightly ahead of progress towards our 2025 guidance. The business is becoming simpler and healthier, and we have a clear line of sight to further improvement with initiatives underway to deliver value for Tucows’ shareholders.”