Tucows Cost Of Revenue vs Operating Income Analysis

TCX Stock  USD 22.70  0.07  0.31%   
Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Cost Of Revenue and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tucows' Cost Of Revenue and Operating Income is -0.28. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Tucows Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Tucows' Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Tucows Inc income statement and represents the costs associated with goods and services Tucows provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Tucows Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tucows Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Tucows' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 8.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit78.3M78.2M61.6M40.1M
Total Revenue304.3M321.1M339.3M356.3M

Tucows fundamental ratios Correlations

0.920.910.180.970.960.120.910.81.00.790.80.960.240.12-0.50.990.970.630.950.970.090.940.770.48-0.21
0.920.72-0.190.950.98-0.240.780.950.950.930.950.820.22-0.25-0.30.960.940.330.990.98-0.020.850.480.15-0.17
0.910.720.420.780.780.410.870.560.860.60.560.940.380.46-0.720.870.790.830.760.790.380.870.850.77-0.39
0.18-0.190.420.07-0.050.970.33-0.420.11-0.39-0.420.33-0.030.92-0.540.060.110.72-0.11-0.050.110.230.710.78-0.04
0.970.950.780.070.97-0.030.890.820.980.790.820.90.16-0.04-0.350.971.00.490.960.98-0.080.920.660.27-0.12
0.960.980.78-0.050.97-0.130.820.910.980.90.910.860.19-0.14-0.330.990.970.421.01.0-0.020.880.60.26-0.13
0.12-0.240.410.97-0.03-0.130.27-0.450.03-0.41-0.450.30.010.94-0.67-0.010.010.72-0.18-0.130.220.170.650.82-0.13
0.910.780.870.330.890.820.270.60.890.550.60.950.180.3-0.590.880.90.720.80.840.20.910.780.51-0.2
0.80.950.56-0.420.820.91-0.450.60.840.971.00.650.12-0.46-0.140.860.80.130.930.910.00.660.28-0.01-0.05
1.00.950.860.110.980.980.030.890.840.830.840.930.220.03-0.431.00.980.560.970.990.040.930.710.4-0.18
0.790.930.6-0.390.790.9-0.410.550.970.830.970.640.26-0.41-0.180.860.770.150.920.890.060.680.290.05-0.18
0.80.950.56-0.420.820.91-0.450.61.00.840.970.650.12-0.46-0.140.860.80.130.930.910.00.660.28-0.01-0.05
0.960.820.940.330.90.860.30.950.650.930.640.650.310.32-0.670.930.910.750.840.880.130.950.810.59-0.32
0.240.220.38-0.030.160.190.010.180.120.220.260.120.310.18-0.210.250.160.20.180.20.120.430.030.21-0.96
0.12-0.250.460.92-0.04-0.140.940.3-0.460.03-0.41-0.460.320.18-0.620.0-0.010.77-0.19-0.130.380.20.630.85-0.27
-0.5-0.3-0.72-0.54-0.35-0.33-0.67-0.59-0.14-0.43-0.18-0.14-0.67-0.21-0.62-0.44-0.37-0.75-0.3-0.33-0.36-0.55-0.65-0.730.39
0.990.960.870.060.970.99-0.010.880.861.00.860.860.930.250.0-0.440.970.550.980.990.080.920.680.39-0.2
0.970.940.790.111.00.970.010.90.80.980.770.80.910.16-0.01-0.370.970.510.950.97-0.080.920.690.3-0.12
0.630.330.830.720.490.420.720.720.130.560.150.130.750.20.77-0.750.550.510.380.440.390.660.920.9-0.29
0.950.990.76-0.110.961.0-0.180.80.930.970.920.930.840.18-0.19-0.30.980.950.381.0-0.020.860.560.22-0.12
0.970.980.79-0.050.981.0-0.130.840.910.990.890.910.880.2-0.13-0.330.990.970.441.0-0.020.890.60.26-0.14
0.09-0.020.380.11-0.08-0.020.220.20.00.040.060.00.130.120.38-0.360.08-0.080.39-0.02-0.020.040.210.47-0.18
0.940.850.870.230.920.880.170.910.660.930.680.660.950.430.2-0.550.920.920.660.860.890.040.720.44-0.43
0.770.480.850.710.660.60.650.780.280.710.290.280.810.030.63-0.650.680.690.920.560.60.210.720.84-0.07
0.480.150.770.780.270.260.820.51-0.010.40.05-0.010.590.210.85-0.730.390.30.90.220.260.470.440.84-0.26
-0.21-0.17-0.39-0.04-0.12-0.13-0.13-0.2-0.05-0.18-0.18-0.05-0.32-0.96-0.270.39-0.2-0.12-0.29-0.12-0.14-0.18-0.43-0.07-0.26
Click cells to compare fundamentals

Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets425.9M451.9M539.6M664.7M855.2M897.9M
Other Current Liab11.6M12.1M19.4M27.7M56.5M59.4M
Total Current Liabilities156.9M163.0M173.7M188.2M201.3M211.4M
Total Stockholder Equity94.2M104.7M115.1M96.7M9.9M9.4M
Property Plant And Equipment Net93.5M128.8M190.2M302.0M367.1M385.5M
Net Debt103.9M124.4M196.6M232.5M472.0M495.6M
Retained Earnings76.2M80.1M83.5M55.9M(40.3M)(38.3M)
Accounts Payable6.7M6.3M10.0M17.2M12.7M13.3M
Cash20.4M8.3M9.1M23.5M96.3M101.1M
Non Current Assets Total280.2M310.7M392.6M494.8M708.1M743.5M
Non Currrent Assets Other19.3M18.0M19.6M7.5M113.6M119.3M
Cash And Short Term Investments20.4M8.3M9.1M23.5M96.3M101.1M
Net Receivables16.4M16.8M18.8M26.0M24.3M25.5M
Common Stock Shares Outstanding10.8M10.7M10.8M10.8M10.9M12.9M
Liabilities And Stockholders Equity425.9M451.9M539.6M664.7M855.2M897.9M
Other Current Assets105.5M114.2M115.8M115.6M19.7M18.7M
Other Stockholder Equity880K1.5M2.8M8.1M14.1M13.4M
Total Liab331.7M347.2M424.5M568.1M845.3M887.6M
Property Plant And Equipment Gross93.5M128.8M172.7M281.5M323.7M339.9M
Total Current Assets145.7M141.2M147.0M169.9M147.1M74.7M
Accumulated Other Comprehensive Income473K2.3M343K784K1.7M1.8M
Short Long Term Debt Total124.3M132.7M205.8M256.0M568.3M596.7M
Non Current Liabilities Total174.8M184.2M250.8M379.9M644.0M676.1M
Short Term Debt1.4M1.8M3.2M4.6M5.4M4.3M
Common Stock16.6M20.8M28.5M31.9M34.4M32.7M
Good Will90.1M109.8M116.3M130.4M117.4M66.3M
Intangible Assets57.7M47.4M50.4M39.8M29.5M24.6M
Current Deferred Revenue137.2M142.7M141.1M138.7M126.7M83.0M
Other Assets19.3M18.2M19.6M20.6M23.7M15.9M
Long Term Debt113.5M121.7M190.7M238.9M274.8M288.5M
Property Plant Equipment82.1M117.5M190.2M281.5M323.7M339.9M
Other Liab51.9M53.3M48.2M38.1M43.8M25.8M
Common Stock Total Equity16.6M20.8M28.5M31.9M36.6M38.5M
Inventory3.5M1.9M3.3M7.3M6.8M7.1M
Net Tangible Assets129.8M138.8M(65.7M)131.3M151.0M158.6M
Retained Earnings Total Equity76.2M80.1M83.5M55.9M64.3M33.4M
Capital Surpluse880K1.5M2.8M8.1M7.3M10.9M
Deferred Long Term Liab25.5M24.8M19.3M15.7M18.1M25.9M
Non Current Liabilities Other216K3.6M2.0M90.6M104.2M109.4M

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When determining whether Tucows Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tucows' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tucows Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tucows Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Tucows Inc information on this page should be used as a complementary analysis to other Tucows' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Tucows' price analysis, check to measure Tucows' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.
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Is Tucows' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tucows. If investors know Tucows will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tucows listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.902
Earnings Share
(9.50)
Revenue Per Share
31.796
Quarterly Revenue Growth
0.087
Return On Assets
(0.05)
The market value of Tucows Inc is measured differently than its book value, which is the value of Tucows that is recorded on the company's balance sheet. Investors also form their own opinion of Tucows' value that differs from its market value or its book value, called intrinsic value, which is Tucows' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tucows' market value can be influenced by many factors that don't directly affect Tucows' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.