Could Tucows finally be headed into oblivian? (1.Viewing)

Namecheap sues eNom/Tucows (a while back) and then they are supposed to merge with Spaceship?
 
dynatodd said:
I hope Tucows stays independent. I am friends with many Tucows employees
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I agree with Todd here. Tucows is speaking up for the right stuff often, I find and many great people work there.
 
FM said:
What makes you say that? I find their pricing pretty high, but I'd like to understand...
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I can't explain it, it's more of a gut feeling than anything else, I keep thinking Tucows is on the chopping block and will be bought out and be absorbed by another entity.

Tucows Inc. has faced significant challenges recently, particularly with its return on invested capital (ROIC) falling into negative territory over the past three years. The company's core business has been overshadowed by the rise of satellite internet, complicating the establishment of a competitive moat around its domain services. Despite witnessing an 8.7% increase in sales and a 30.3% rise in gross profit during Q1, the company struggles with substantial debt of $456 million compared to its cash reserves of $79 million. Moreover, negative cash flow in 2023 raises concerns about its financial health, leading experts to recommend reconsidering any investment in the stock until ROIC improves significantly.
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Yeah I believe the Ting Internet Fiber business is experiencing challenges and that's also where Tucows had some layoffs. But I'm not sure this applies to Domains. We'll see.
 
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