Tucows 2015 Annual Report Download - page 64
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ITEM 6. SELECTED FINANCIAL DATA
The following table summarizes certain selected financial data. The selected financial data is derived from, and is
qualified by reference to, our audited consolidated financial statements for the years ended December 31, 2015, 2014,
2013, 2012, and 2011 and should be read in conjunction with those statements (amounts expressed in thousands, except
per share amounts).
For the year ended December 31,
2015 2014 2013 2012 2011
Statement of Operations Data
Revenue $ 172,939 $ 147,667 $ 129,935 $ 114,727 $ 97,065
Total cost of revenues 119,738 107,115 98,508 88,518 73,762
Sales and marketing 18,538 15,394 12,141 8,701 7,443
Technical operations and development 4,503 4,306 4,159 4,303 4,868
General and administrative 10,662 9,459 7,524 6,611 6,097
Depreciation, amortization and impairment of
indefinite life intangible assets 690 1,400 1,092 1,085 1,234
Loss (gain) on currency forward contracts 793 358 357 (683) 535
Total other income (expense), net (73) (207) (355) 337 325
Income before provision for income taxes 17,943 9,428 5,800 6,428 3,451
Provision for (recovery of) income taxes 6,569 3,054 1,619 2,004 (2,720)
Net income $ 11,374 $ 6,374 $ 4,180 $ 4,424 $ 6,170
Net income per share attributable to common
stockholders
Basic $ 1.04 $ 0.57 $ 0.40 $ 0.39 $ 0.46
Diluted $ 1.00 $ 0.54 $ 0.37 $ 0.36 $ 0.44
Weighted average shares used in computing net
income per share
Basic 10,969 11,221 10,468 11,458 13,364
Diluted 11,360 11,730 11,281 12,284 13,937
At December 31,
2015 2014 2013 2012 2011
Balance Sheet Data
Cash and cash equivalents $ 7,723 $ 8,271 $ 12,419 $ 6,416 $ 6,408
Prepaid domain name registry and ancillary
services fees 55,749 56,380 56,048 57,489 55,809
Total assets 129,130 125,795 121,353 118,773 115,690
Deferred revenue 71,594 71,106 70,018 71,000 69,176
Debt 3,500 0 6,300 3,700 850
Total liabilities 102,801 90,153 94,436 92,223 85,271
Total stockholders' equity $ 26,329 $ 35,642 $ 26,917 $ 26,550 $ 30,419
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