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Route1 Inc. (V:ROI)

Business Focus: Computer Hardware (NEC)

Sector:  Technology Industry:  Computer Hardware
 
Company Contact
Address: 8 King St. East, Suite 1801
TORONTO ON M5C 1B5
Tel: N/A
Website: https://www.route1.com
IR: See website
Key People
Tony P. Busseri
Chief Executive Officer, Chief Financial Officer, Director
Peter F. Chodos
Executive Vice President - Corporate Development, Director
Alex Shpurov
Senior Vice President, Chief Technology Officer
Thomas C. Hance
Senior Vice President - Large
Jerry S. Iwanski
Senior Vice President, Chief Digital Officer
 
Business Overview
Route1 Inc. is a technology company that enables its clients with data-centric solutions. The Company brings security and operations together with real-time actionable intelligence to enhance safety and security. The Company has a background in software development, network operations, and cybersecurity. It provides advanced data in a usable format from video capture technologies to enhance safety and security and improve operational efficiency. Its solutions include enterprise solutions, smart communities and turn-key engineering services. Its AutoVu ALPR (advanced license plate recognition), manages its parking lots with pay-by-plate technologies. Its surveillance and video intelligence technology includes Omnicast, Stratocast, Body-worn cameras, In-Car Video and Synergis Access Control. Its Security Center Synergis IP access control connects to third-party access control devices. Its services include advisory and analysis, project management, design and engineering, and others.
Financial Overview
For the fiscal year ended 31 December 2023, Route1 Inc revenues decreased 20% to C$17.6M. Net loss decreased 25% to C$1.3M. Revenues reflect Devices and appliances segment decrease of 17% to C$13.1M, Subscription revenue and services segment decrease of 28% to C$4.5M, USA segment decrease of 22% to C$17M. Lower net loss reflects General administration - Balancing value decrease of 13% to C$3.7M (expense).
Employees: 47 as of Dec 31, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $7.34M as of Dec 31, 2023
Annual revenue (TTM): $17.58M as of Dec 31, 2023
EBITDA (TTM): $0.64M as of Dec 31, 2023
Net annual income (TTM): -$1.28M as of Dec 31, 2023
Free cash flow (TTM): $0.22M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4.58M as of Dec 31, 2023
Shares outstanding: 42,497,156 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization