vs

Side-by-side financial comparison of Integra Resources Corp. (ITRG) and TUCOWS INC (TCX). Click either name above to swap in a different company.

TUCOWS INC is the larger business by last-quarter revenue ($98.7M vs $57.0M, roughly 1.7× Integra Resources Corp.). Integra Resources Corp. runs the higher net margin — -9.6% vs -22.3%, a 12.7% gap on every dollar of revenue.

Integra Resources Corp is a mineral exploration and development firm focused on advancing high-potential gold and silver projects. It primarily operates in the western United States, conducting geological surveys, resource assessment, and feasibility studies to unlock value from precious metal deposits while adhering to sustainable operational standards.

Tucows Inc. is an American–Canadian publicly traded Internet services and telecommunications company headquartered in Toronto, Ontario, Canada, and incorporated in Pennsylvania, United States. The company is composed of three independent businesses: Tucows Domains, Ting Internet, and Wavelo.

ITRG vs TCX — Head-to-Head

Bigger by revenue
TCX
TCX
1.7× larger
TCX
$98.7M
$57.0M
ITRG
Higher net margin
ITRG
ITRG
12.7% more per $
ITRG
-9.6%
-22.3%
TCX

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
ITRG
ITRG
TCX
TCX
Revenue
$57.0M
$98.7M
Net Profit
$-5.5M
$-22.0M
Gross Margin
24.5%
Operating Margin
-9.1%
Net Margin
-9.6%
-22.3%
Revenue YoY
6.0%
Net Profit YoY
48.1%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ITRG
ITRG
TCX
TCX
Q4 25
$98.7M
Q3 25
$98.6M
Q2 25
$98.5M
Q1 25
$57.0M
$94.6M
Q4 24
$93.1M
Q3 24
$92.3M
Q2 24
$89.4M
Q1 24
$87.5M
Net Profit
ITRG
ITRG
TCX
TCX
Q4 25
$-22.0M
Q3 25
$-23.0M
Q2 25
$-15.6M
Q1 25
$-5.5M
$-15.1M
Q4 24
$-42.5M
Q3 24
$-22.3M
Q2 24
$-18.6M
Q1 24
$-26.5M
Gross Margin
ITRG
ITRG
TCX
TCX
Q4 25
24.5%
Q3 25
24.5%
Q2 25
22.5%
Q1 25
24.9%
Q4 24
23.3%
Q3 24
24.0%
Q2 24
23.3%
Q1 24
20.9%
Operating Margin
ITRG
ITRG
TCX
TCX
Q4 25
-9.1%
Q3 25
-9.7%
Q2 25
-2.9%
Q1 25
-2.1%
Q4 24
-32.1%
Q3 24
-10.9%
Q2 24
-9.6%
Q1 24
-18.9%
Net Margin
ITRG
ITRG
TCX
TCX
Q4 25
-22.3%
Q3 25
-23.4%
Q2 25
-15.9%
Q1 25
-9.6%
-16.0%
Q4 24
-45.6%
Q3 24
-24.2%
Q2 24
-20.8%
Q1 24
-30.3%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ITRG
ITRG
TCX
TCX
Cash + ST InvestmentsLiquidity on hand
$46.8M
Total DebtLower is stronger
$190.4M
Stockholders' EquityBook value
$-164.2M
Total Assets
$730.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITRG
ITRG
TCX
TCX
Q4 25
$46.8M
Q3 25
$54.1M
Q2 25
$52.0M
Q1 25
$38.1M
Q4 24
$56.9M
Q3 24
$75.2M
Q2 24
$39.3M
Q1 24
$66.6M
Total Debt
ITRG
ITRG
TCX
TCX
Q4 25
$190.4M
Q3 25
Q2 25
Q1 25
Q4 24
$195.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ITRG
ITRG
TCX
TCX
Q4 25
$-164.2M
Q3 25
$-144.1M
Q2 25
$-121.7M
Q1 25
$-108.3M
Q4 24
$-95.3M
Q3 24
$-53.1M
Q2 24
$-33.1M
Q1 24
$-15.9M
Total Assets
ITRG
ITRG
TCX
TCX
Q4 25
$730.9M
Q3 25
$735.5M
Q2 25
$742.2M
Q1 25
$741.9M
Q4 24
$758.8M
Q3 24
$799.0M
Q2 24
$758.2M
Q1 24
$780.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ITRG
ITRG
TCX
TCX
Operating Cash FlowLast quarter
$-2.6M
Free Cash FlowOCF − Capex
$-7.0M
FCF MarginFCF / Revenue
-7.1%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITRG
ITRG
TCX
TCX
Q4 25
$-2.6M
Q3 25
$1.5M
Q2 25
$6.6M
Q1 25
$-11.3M
Q4 24
$-4.8M
Q3 24
$-4.6M
Q2 24
$-4.7M
Q1 24
$-5.7M
Free Cash Flow
ITRG
ITRG
TCX
TCX
Q4 25
$-7.0M
Q3 25
$-2.3M
Q2 25
$3.1M
Q1 25
$-16.7M
Q4 24
$-16.5M
Q3 24
$-19.1M
Q2 24
$-20.7M
Q1 24
$-20.0M
FCF Margin
ITRG
ITRG
TCX
TCX
Q4 25
-7.1%
Q3 25
-2.4%
Q2 25
3.1%
Q1 25
-17.6%
Q4 24
-17.7%
Q3 24
-20.7%
Q2 24
-23.1%
Q1 24
-22.9%
Capex Intensity
ITRG
ITRG
TCX
TCX
Q4 25
4.4%
Q3 25
3.9%
Q2 25
3.5%
Q1 25
5.7%
Q4 24
12.5%
Q3 24
15.7%
Q2 24
17.8%
Q1 24
16.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ITRG
ITRG

Segment breakdown not available.

TCX
TCX

Wholesale$57.0M58%
Fiber Internet Services$16.5M17%
Wavelo$13.0M13%
Platform Services$11.7M12%

Related Comparisons