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 |