Tucows 2014 Annual Report Download - page 193
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Information by reportable segments, which is regularly reported to the chief operating decision maker is as
follows:
Year Ended December 31, 2014
Domain
Name
Services
Network
Access
Services
Consolidated
Totals
Net Revenues $ 111,780,102 35,887,005 147,667,107
Cost of Revenues 85,244,527 21,870,780 107,115,307
Gross Profit 26,535,575 14,016,225 40,551,800
Expenses:
Sales and marketing 15,394,065
Technical operations and development 4,305,715
General and administrative 8,505,920
Depreciation of property and equipment 226,432
Amortization of intangibles 596,620
Impairment of indefinite life intangible assets 577,145
Loss on currency forward contracts 1,310,848
Income from operations 9,635,055
Other expenses, net (206,730)
Income before provision for income taxes 9,428,325
Year Ended December 31, 2013
Domain
Name
Services
Network
Access
Services
Consolidated
Totals
Net Revenues $ 113,404,667 16,530,237 129,934,904
Cost of Revenues 85,886,930 12,621,093 98,508,023
Gross Profit 27,517,737 3,909,144 31,426,881
Expenses:
Sales and marketing 12,141,036
Technical operations and development 4,158,603
General and administrative 7,204,895
Depreciation of property and equipment 215,447
Amortization of intangibles 876,120
Loss on currency forward contracts 676,120
Income from operations 6,154,660
Other expenses, net (354,857)
Income before provision for income taxes 5,799,803
Year Ended December 31, 2012
Domain
Name
Services
Network
Access
Services
Consolidated
Totals
Net Revenues $ 110,761,217 3,965,684 114,726,901
Cost of Revenues 84,388,713 4,129,020 88,517,733
Gross Profit 26,372,504 (163,336)26,209,168
Expenses:
Sales and marketing 8,701,446
Technical operations and development 4,302,820
General and administrative 6,610,819
Depreciation of property and equipment 190,420
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