Tucows inc /pa/ (TCX)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net income for the period

15,398

17,135

22,327

16,067

11,373

6,374

4,180

4,424

6,170

2,116

12,241

Items not involving cash:
Depreciation of property and equipment

8,961

5,722

3,727

1,824

1,404

926

843

802

937

1,203

1,939

Loss on write off of property and equipment

142

-

17

-

0

-

-

-118

-42

-

-40

Amortization of debt discount and issuance costs

297

281

273

31

0

0

-

-

-

-

-

Amortization of intangible assets

10,333

9,243

8,400

953

262

596

959

1,019

1,004

1,442

1,558

Net amortization contract costs

-10

14

-

-

-

-

-

-

-

-

-

Impairment of indefinite life intangible asset

-

-

111

43

206

577

-

0

-

-

-

Amortization of deferred financing charges

-

-

-

-

-

-

-

2

13

25

37

Gain on disposal of investment in Afilias

-

-

-

-

-

-

-

-

-

-

-3,890

Reduction in deferred tax liability

-

-

-

-

-

-

-

-

-

-

-556

Deferred income taxes (recovery)

1,285

1,038

-3,337

1,194

134

-1,084

-247

832

-3,046

-

-

Excess tax benefits on share-based compensation expense

634

697

2,796

-859

-3,431

-1,888

1,090

-

-

-

-

Amortization of deferred rent

-

14

-6

-25

-27

-16

-21

-27

-26

-

-

Net Right of use operating assets/Operating lease liability

32

-

-

-

-

-

-

-

-

-

-

Loss on disposal of domain names

115

341

291

30

24

26

52

50

34

31

5

Other income

-

429

515

515

85

0

-

-

-

-

-

Gain on disposition of intangible assets

-

-

-

-

-

-

-

508

-

-

-

Loss (gain) on change in the fair value of forward contracts

313

-207

-17

323

-136

-50

-496

1,100

-1,533

-1,370

-4,179

Stock-based compensation

2,876

2,574

1,457

799

526

542

430

360

310

400

295

Change in non-cash operating working capital:
Accounts receivable

3,015

-1,539

-1,010

3,754

220

1,484

892

533

270

199

378

Inventory

-318

831

1,733

307

442

84

-277

381

205

-

-

Prepaid expenses and deposits

-2,904

1,286

1,642

1,183

1,282

-611

-772

1,325

923

-135

-224

Prepaid domain name registry and ancillary services fees

-7,678

-20,476

-4,030

4,641

-630

331

-1,440

1,679

4,855

6,114

-2,654

Income taxes recoverable

89

-2,691

426

-3,177

2,321

75

-1,023

-233

261

-54

-674

Accounts payable

-1,222

171

-3,826

391

249

1,152

529

931

-611

-35

-172

Accrued liabilities

2,329

-513

-1,275

1,243

1,691

28

1,390

547

515

-571

-110

Customer deposits

27

-3,336

1,085

282

675

-39

-454

752

209

335

305

Deferred revenue

-6,900

-16,888

4,933

6,255

366

1,088

-982

1,824

5,179

6,260

2,122

Accreditation fees payable

-67

-229

-238

59

-10

-14

-49

-53

-4

16

2

Net cash provided by operating activities

40,381

37,209

31,896

22,509

16,777

8,877

8,704

6,343

5,885

6,768

6,465

Proceeds received on exercise of stock options

395

112

222

146

803

1,478

1,492

418

31

14

25

Payment of tax obligations resulting from net exercise of stock options

548

445

1,462

363

1,306

0

1,090

-

-

-

-

Repurchase of common stock

4,986

-

-

7,180

23,616

1,181

6,537

9,115

18

9,707

2,915

Proceeds received on short swing sale

-

-

-

-

-

-

-

-

3

-

-

Proceeds received on loan payable

57,371

7,000

86,998

16,989

3,500

0

5,200

4,000

2,530

-

-

Repayment of loan payable

8,130

19,596

19,976

9,758

0

6,300

2,600

1,150

2,985

1,914

2,639

Payment of loan payable costs

641

8

620

514

0

0

-

-

-

-

-

Net cash (used in) provided by financing activities

43,461

-12,937

65,162

-680

-20,620

-4,114

-1,355

-5,847

-439

-11,606

-5,529

Additions to property and equipment

44,070

27,919

12,935

7,918

2,967

711

1,345

997

851

589

807

Proceeds on waiver of rights to .online registry

-

-

-

-

6,619

0

-

-

-

-

-

Remaining payment for the acquisition of Ting Virginia, LLC., net of cash of $21,423

-

-

-

-

357

-

-

-

-

-

-

Acquisition of a portion of the minority interest in Ting Virginia, LLC (note 3(a))

-

1,200

2,000

-

0

-

-

-

-

-

-

Acquisition of business, net of cash

-

-

-

-

0

-

-

-

2,392

-

-

Acquisition of other assets

-

-

-

-

-

8,199

-

-

-

-

-

Acquisition of intangible assets

3,566

565

2,942

6,529

0

0

-

3

-

-

13

Proceeds on disposal of intangible assets

-

-

-

-

-

-

-

508

-

-

-

Proceeds on disposal of shares in Afilias Inc.

-

-

-

-

-

-

-

-

-

-

4,090

Net cash used in investing activities

-76,086

-29,684

-94,114

-14,447

3,294

-8,910

-1,345

-488

-3,243

-589

3,269

Increase (decrease) in cash and cash equivalents

7,756

-5,412

2,944

7,382

-548

-4,147

6,003

7

2,202

-5,426

4,204

Supplemental cash flow information:
Interest paid

4,785

3,712

3,587

420

173

207

372

195

53

116

227

Income taxes paid, net

7,941

6,799

7,815

3,767

3,132

2,172

793

1,025

550

200

1,165

Property and equipment acquired during the period not yet paid for

548

1,462

214

447

217

66

-

96

257

273

93

eNom, Incorporated [Member]
Acquisition of business, net of cash

-

-

76,237

-

-

-

-

-

-

-

-

Ascio Technologies, Inc. [Member]
Acquisition of business, net of cash

28,450

-

-

-

-

-

-

-

-

-

-