Route1 Inc (3R6N) AI Stock Analysis
Route1 Inc
(Frankfurt:3R6N)
No summary available
Route1 Inc (3R6N) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 5.16M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -32.4
- Beta (1Y)
- 4.48
- Revenue Growth
- -26.73%
- EPS Growth
- 84.44%
- Country
- Germany
- Employees
- 30
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Application
Route1 Inc Business Overview & Revenue Model
Company Description
Route1 Inc. provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers smart communities solutions, such as parking enforcement, wanted vehicle detection, conne...
Route1 Inc Earnings Call Summary
Route1 has made significant progress in stabilizing its business model and growing its non-MobiKEY revenue streams. The company is optimistic about future EBITDA growth and financial stability. However, challenges remain, particularly with the decline in MobiKEY revenue and the impact of decreased VAR business. The sentiment is cautiously optimistic as Route1 continues to navigate its pivot to services.
Q4-2023 Updates
Positive Updates
Negative Updates
Company Guidance
During the Q4 2023 earnings call for Route1, CEO Tony Busseri discussed the company's strategic pivot from a pure play software cybersecurity firm to a comprehensive services provider, emphasizing their focus on delivering video capture-based technologies. He highlighted several key metrics, noting a decrease in revenue by approximately $4.5 million due to a reduction in value-added reseller business and MobiKEY subscriptions, which affected gross margins by around $700,000. Despite this, the company saw stability and growth in other areas, achieving non-MobiKEY gross profit above $150,000 per quarter in two of the last four quarters. Additionally, Route1's recurring license plate recognition technology support agreements exceeded $1 million on an annualized basis by Q1 2024. Busseri also underscored the importance of fixed cost control to enhance EBITDA and expressed optimism about achieving over $1 million in trailing four-quarter EBITDA by the end of the first half of 2024, while maintaining a stable debt position and improving working capital.
Route1 Inc Peers Comparison
Overall Rating
TSE:MBO51Neutral
TSE:RIWI43Neutral
TSE:VSBY41.3Neutral
TSE:TBIX41Neutral
TSE:BWLK38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:MBO | 51Neutral | CAD 2.17M | -3.66 | 39.85% | ― | ― | ― |
| TSE:RIWI | 43Neutral | CAD 3.88M | -0.74 | -255.24% | ― | -29.40% | -61.65% |
| TSE:VSBY | 41Neutral | CAD 10.20M | -1.12 | 46.34% | ― | -86.57% | 45.63% |
| TSE:TBIX | 41Neutral | CAD 702.30K | -0.73 | 34.04% | ― | -76.53% | -11.48% |
| TSE:BWLK | 38Underperform | CAD 2.26M | -0.37 | 61.34% | ― | -24.45% | 32.66% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:3R6N | Route1 Inc | 0.07 | 0.03 | 71.79% | |
| TSE:MBO | Mobio Technologies | 0.10 | -0.01 | -5.00% | |
| TSE:RIWI | RIWI Corp | 0.14 | -0.36 | -72.00% | |
| TSE:BWLK | Boardwalktech Software Corp | 0.02 | -0.03 | -60.00% | |
| TSE:VSBY | Vsblty Groupe Technologies Corp | 0.09 | 0.00 | 5.88% | |
| TSE:TBIX | TrustBix, Inc. | 0.01 | -0.01 | -50.00% |
Disclaimer
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