Tucows Inc TC.P.T

Primary Symbol: TCX Alternate Symbol(s): T.TC

Technology Information Technology Services

Tucows Inc. is engaged in providing Internet services. The Company’s segments include Ting, Wavelo and Tucows Domains. Ting segment provides retail high speed Internet access services to individuals and small businesses. Wavelo segment offers platform and other professional services related to communication service providers, including Mobile Network Operators and Internet Service Providers. The Tucows Domains segment includes wholesale and retail domain name registration services, value added services and portfolio services. It primarily earns revenues from the registration fees charged to resellers in connection with new, renewed and transferred domain name registrations; the sale of retail Internet domain name registration and email services to individuals and small businesses. The Company provides these services primarily through a global Internet-based distribution network of Internet service providers, Web hosting companies and other providers of Internet services to end-users.

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Tucows Inc

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Comment by brendellyon Jun 08, 2010 9:40pm

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Post# 17171059

RE: RE: RE: RE: Seriously people

I see where your discrepancy comes from in the OPEX, the $76.3 million is where the reconciliation does not make sense. There is another GAAP breakdown on page 30 where they give a figure of $30.4 million of other operating expenses.

OPEX Q1: $45.9 million
Other OPEX: $30.4 million
Total: $76.3

The question is what does this $30.4 million consists of, the warrants are placed as a non cash operating activity and put as a seperate line on the income statement. There are a couple notes regarding both change in working capital for inventory ( ~ $12 million) and costs associated with Langeloth facility but details are thin.

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