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TUCOWS INC /PA/

TCX

$10.46 ▼ -0.03 (-0.29%) at close

18 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

TUCOWS INC /PA/ demonstrates solid fundamentals with strength in Return on Common Equity (%). However, watch Profit Margin (%) which shows concerning trends. Consider comparing against peers in the Technology sector before making investment decisions.

Market Cap $115.7M

Dividend Yield —

Revenue Growth 7.7% ↗

Op. Margin -6.0% ↗

ROIC -101.0% ↘

FCF / Share $-2.07 ↗

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity -1.16

info Valuation on last close. End-of-day price, Sep 23, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$390.30M

↑ +7.7% —

Net Income Profit after all expenses

$-75.82M

↑ +31.0% —

Operating Margin Operating profit as % of sales

-6.0%

↑ +66.5% 19th

FCF / Share Free cash flow per share

$-2.07

↑ +70.3% —

Long-Term Debt Long-term obligations

$190.40M

↓ -2.6% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability →

Returns ↑

Financial Health ↑

Cash Quality

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	7.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-36%)	6.8% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-44%)	5.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-53%)	5.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-54%)	-2.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-118%)	-7.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-164%)	-2.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-121%)	5.0% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-58%)	73.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+513%)	10.6% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-12%)	16.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+36%)	13.6% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+14%)	13.3% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+10%)	—	—	—	—	—
EPS Growth YoY (%)	31.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-13.2% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-245.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	-41.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-62.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-10.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-23.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	38.6% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	47.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	82.5% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	42.5% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	2.6% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	1200.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	200.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-77.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	31.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-14.2% Weak ↑ Weak Improving Year-over-year change in net income	-248.9% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-41.7% Weak ↓ Weak Declining Year-over-year change in net income	-62.5% Weak ↓ Weak Declining Year-over-year change in net income	-10.1% Weak ↓ Weak Declining Year-over-year change in net income	-23.3% Weak ↓ Weak Declining Year-over-year change in net income	39.0% Excellent ↓ Excellent Declining Year-over-year change in net income	41.3% Excellent → Excellent Stable Year-over-year change in net income	78.4% Excellent ↑ Excellent Improving Year-over-year change in net income	52.5% Excellent → Excellent Stable Year-over-year change in net income	-5.5% Weak ↓ Weak Declining Year-over-year change in net income	-28.3% Weak ↓ Weak Declining Year-over-year change in net income	191.5% Excellent Excellent Year-over-year change in net income	-82.7% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	70.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	22.0% Good ↑ Good Improving Year-over-year change in free cash flow	17.8% Good ↑ Good Improving Year-over-year change in free cash flow	-165.7% Weak ↑ Weak Improving Year-over-year change in free cash flow	-417.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-127.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	N/M	-51.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	29.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	46.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	30.0% Excellent Excellent Year-over-year change in free cash flow	3.5% Caution Caution Year-over-year change in free cash flow	—	—	-11.6% Weak Weak Year-over-year change in free cash flow	30.2% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	6.7% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	2.9% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-1.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-4.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-1.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	21.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	26.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	30.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.5% Good Good Compound annual revenue growth over 3 years	14.4% Good Good Compound annual revenue growth over 3 years	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	4.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	1.4% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	-0.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	9.9% Good ↓ Good Declining Compound annual revenue growth over 5 years	12.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	18.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	21.6% Excellent Excellent Compound annual revenue growth over 5 years	23.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	-41.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-36.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-1.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	15.9% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	54.9% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	56.4% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	38.7% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	166.8% Excellent → Excellent Stable Compound annual EPS growth over 3 years	242.0% Excellent Excellent Compound annual EPS growth over 3 years	105.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-6.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	-17.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-190%)	-18.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-194%)	-9.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-149%)	-2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-113%)	2.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-89%)	8.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	8.5% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	8.2% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	13.2% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	10.5% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	6.5% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	4.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-76%)	5.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-73%)	—	—	—	—
Effective Tax Rate (%) (%)	-12.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-7.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	53.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	46.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	34.5% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.0% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.4% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.9% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	31.2% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	-19.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-230%)	-30.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-302%)	-28.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-289%)	-8.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-157%)	1.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	1.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	4.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	5.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	6.8% Caution → Caution Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	8.5% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	6.6% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	4.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-71%)	3.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)	3.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-74%)	—	—	—	—
FCF Margin (%) (%)	-5.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-21.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-28.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-36.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-14.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-2.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-1.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.8% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.5% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	5.7% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—
FCF / Net Income (x)	0.30x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.01x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	4.24x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-12.94x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.45x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.24x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.54x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.85x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.28x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.76x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	—	0.82x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	2.92x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	0.46x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-101.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-70.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-32.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	8.8% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	13.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	18.2% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	42.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	43.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	18.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	15.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	8.1% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	8.1% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	19.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-3.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	6.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	8.6% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	16.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	14.0% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	2.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	2.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	46.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+150%)	115.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+523%)	—	-28.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-254%)	2.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	5.5% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-70%)	16.3% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-12%)	21.5% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+16%)	37.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+100%)	42.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+130%)	43.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+134%)	17.9% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	15.5% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-16%)	16.7% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-10%)	20.3% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+10%)	8.8% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-52%)	39.4% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+113%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	-1.16x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-358%)	-2.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-556%)	21.46x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+4668%)	—	—	1.17x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+160%)	1.21x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+170%)	0.82x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+81%)	1.29x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+187%)	—	—	—	—	—	—	—	—	—
Interest Coverage (x)	-0.54x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.71x Weak → Weak Stable Operating income divided by interest expense Optimal: > 5x	-1.38x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-2.17x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.73x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.94x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	6.13x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.90x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.55x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	59.59x Excellent → Excellent Stable Operating income divided by interest expense Optimal: > 5x	113.29x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	46.61x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	17.34x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	31.58x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	62.02x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	21.03x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	34.30x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$143.64M	$138.50M	$119.21M	$-23.50M	$-9.11M	$114.09M	$94.01M	$52.52M	$59.70M	$-15.11M	$-7.72M	$-8.27M	$-12.42M	$-6.42M	$-6.41M	$-4.21M	$-9.63M	$-5.43M
Debt / EBITDA (x)	10.52x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-7.91x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-7.78x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	6.26x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.99x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.86x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.52x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$35.27	$33.03	$31.23	$29.82	$28.54	$29.38	$31.73	$32.63	$31.26	$18.04	$15.65	$13.16	$12.41	$10.01	—	—	—	—
Basic EPS, GAAP (USD)	$-6.85	$-10.02	$-8.85	$-2.56	$0.32	$0.55	$1.45	$1.62	$2.12	$1.53	$1.04	$0.57	$0.40	$0.39	$0.03	$0.01	$0.04	—
Free Cash Flow per Share (USD)	$-2.07	$-6.95	$-8.91	$-10.85	$-4.08	$-0.79	$-0.35	$0.88	$1.80	$1.39	$0.95	$0.73	$0.70	—	$0.02	$0.03	$0.02	—
Book Value per Share (USD)	$-14.78	$-8.65	$0.91	$8.94	$10.71	$9.87	$8.90	$7.51	$5.69	$3.61	$2.46	$3.15	$2.47	$2.40	$0.14	$0.11	$0.11	—
Tangible Book Value per Share (USD)	$-28.29	$-22.74	$-13.76	$-6.80	$-6.12	$-5.56	$-6.92	$-5.61	$-8.34	$-0.30	$-0.86	$0.23	$-0.67	$-0.79	$-0.03	$-0.05	$0.11	—
Basic Weighted Avg Shares (shares)	11.07M	10.97M	10.86M	10.77M	10.66M	10.59M	10.62M	10.60M	10.54M	10.52M	10.97M	11.22M	10.47M	11.46M	213.82M	231.93M	276.58M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$-127.33M	$5.53M	$41.42M	$-18.27M	$-26.68M	$-21.77M	$-11.23M	$-33.42M	$-24.70M	$-1.15M	$-10.39M	$4.93M	$-5.33M	$-6.98M	$-4.92M	$-7.75M	—	—
LT Debt (USD)	$190.40M	$195.40M	$211.90M	—	—	$122.40M	$114.40M	$65.16M	$77.75M	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$-164.20M	$-95.30M	$9.88M	$96.66M	$115.09M	$104.70M	$94.19M	$79.78M	$60.21M	$37.82M	$26.33M	$35.64M	$26.92M	$26.55M	$30.42M	$23.92M	$31.10M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$390.30M	$362.27M	$339.34M	$321.14M	$304.34M	$311.20M	$337.14M	$346.01M	$329.42M	$189.82M	$171.69M	$147.67M	$129.93M	$114.73M	—	—	—	—
Depreciation Expense (USD)	$41.58M	$40.32M	$36.43M	$28.19M	$17.99M	$12.63M	$8.96M	$5.72M	$3.73M	$1.82M	$1.40M	$926.10K	$843.42K	$802.06K	$937.46K	$1.20M	$1.94M	—
Net Income, GAAP (USD)	$-75.82M	$-109.86M	$-96.20M	$-27.57M	$3.36M	$5.78M	$15.40M	$17.14M	$22.33M	$16.07M	$11.37M	$6.37M	$4.18M	$4.42M	$6.17M	$2.12M	$12.24M	—
Operating Cash Flow (USD)	$-5.76M	$-19.75M	$-4.77M	$19.88M	$29.64M	$36.08M	$40.38M	$37.21M	$31.90M	$22.51M	$13.35M	$8.88M	$8.70M	—	$5.89M	$6.77M	$6.47M	—

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Synced yesterday 18 years · 68 quarters

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