# Tucows Inc. (TCX) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | -$164M |
| 2024 | -$95M |
| 2023 | $10M |
| 2022 | $97M |
| 2021 | $115M |
| 2020 | $105M |
| 2019 | $94M |
| 2018 | $80M |
| 2017 | $60M |
| 2016 | $38M |
| 2015 | $26M |
| 2014 | $36M |
| 2013 | $27M |
| 2012 | $27M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/TCX/shareholders-equity)