Want to see TSE:ROI full AI Analyst Report?
Route1 Inc (ROI) AI Stock Analysis
Route1 Inc
(TSXV:ROI)
The overall score is held down primarily by stressed financials: multi‑year revenue declines, ongoing losses, and negative equity outweigh the benefit of solid, though volatile, cash generation and keep the business profile fragile. Technical indicators add a modestly better tone, suggesting neutral to slightly weak trading conditions rather than a clear downtrend, which prevents the score from falling to the minimum range. Valuation is another drag, as a negative P/E and lack of dividends offer limited support for the current share price, reinforcing the overall low‑40s risk‑biased rating.
Route1 Inc (ROI) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 5.16M
- Dividend Yield
- ―
- Average Volume (3M)
- 17.37K
- Price to Earnings (P/E)
- -32.4
- Beta (1Y)
- 2.38
- Revenue Growth
- -22.16%
- EPS Growth
- 83.17%
- Country
- Canada
- 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...
How the Company Makes Money
Route1 makes money primarily by selling secure remote access and related security software/services to institutional customers. Revenue is typically generated through (1) software licensing and subscriptions for access to its secure remote access pla...
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 Financial Statement Overview
Summary
Financial performance is weak overall: revenue has declined for several years, earnings remain negative, and shareholders’ equity is now negative, but consistently positive operating cash flow and improving losses provide some support.
Income Statement
42NeutralBalance Sheet
20Very NegativeCash Flow
65Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.56M | 11.52M | 15.15M | 17.58M | 22.05M | 27.27M |
| Gross Profit | 3.77M | 3.71M | 5.25M | 5.87M | 7.58M | 10.82M |
| EBITDA | 701.20K | 785.94K | 354.35K | 542.08K | 1.02M | 1.80M |
| Net Income | -187.29K | -350.76K | -1.06M | -1.28M | -1.72M | 222.21K |
Balance Sheet | ||||||
| Total Assets | 7.72M | 8.13M | 9.38M | 9.54M | 12.36M | 15.10M |
| Cash, Cash Equivalents and Short-Term Investments | 32.31K | 32.56K | 86.61K | 38.35K | 78.50K | 62.57K |
| Total Debt | 3.30M | 3.36M | 4.08M | 4.62M | 4.99M | 4.72M |
| Total Liabilities | 8.29M | 8.53M | 9.76M | 8.96M | 10.59M | 12.37M |
| Stockholders Equity | -570.01K | -401.04K | -383.82K | 584.35K | 1.77M | 2.73M |
Cash Flow | ||||||
| Free Cash Flow | 714.61K | 405.14K | 887.52K | 218.88K | 580.32K | 353.39K |
| Operating Cash Flow | 764.49K | 455.03K | 887.52K | 686.82K | 602.27K | 1.05M |
| Investing Cash Flow | -278.15K | -215.94K | -27.82K | -467.94K | 530 | -2.20M |
| Financing Cash Flow | -436.30K | -322.79K | -773.91K | -347.76K | -457.59K | 5,505 |
Route1 Inc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ROI, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 38.18 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ROI.
Route1 Inc Peers Comparison
Overall Rating
TSE:MBO51Neutral
TSE:RIWI43Neutral- TSE:ROI42Neutral
TSE:VSBY41.3Neutral
TSE:TBIX41Neutral
TSE:BWLK37Underperform
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:ROI | 42Neutral | CAD 5.16M | -32.35 | 39.71% | ― | -22.16% | 83.17% |
| 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 | 37Underperform | 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 |
|---|---|---|---|---|---|
| TSE:ROI | Route1 Inc | 0.11 | 0.03 | 37.50% | |
| TSE:MBO | Mobio Technologies | 0.10 | -0.01 | -5.00% | |
| TSE:RIWI | RIWI Corp | 0.14 | -0.44 | -75.86% | |
| 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% |
Route1 Inc Corporate Events
Route1 Sets Date to Release Q3 and Year-to-Date 2026 Results
NeutralRoute1 Inc. said it will release its financial results for the third quarter and year-to-date period ended September 30, 2026 after markets close on November 9, 2026. The scheduled disclosure will give investors and public-sector clients greater insi...
Route1 Sharpens Focus on Recurring Revenue as Expanded Pipeline Awaits Conversion
PositiveRoute1 Inc., a TSXV-listed provider of technology-enabled services for parking operations, public safety and mobility, is increasingly focused on lifecycle support, operational visibility and actionable intelligence solutions. Its offerings, includin...
Route1 boosts margins and recurring revenue as ALPR market shifts toward governance
NeutralRoute1 reported a sharp year-over-year drop in second-quarter revenue to $2.4 million, primarily due to lower transactional device and professional-service activity, but improved profitability metrics as gross margin widened to 45.2% from 36.5%. Recu...
Route1 Deepens U.S. Municipal Ties With New ALPR and Support Deals
PositiveRoute1 Inc. has expanded its recurring operational relationships with the City of Davis, California and the City of Santa Barbara Police Department through new purchase orders totaling about US$0.3 million. The company is leveraging hardware refreshe...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 16, 2026