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Route1 switches to outcome-focused business model with focus on ALPR and AI
Route1 has abandoned its hardware-centric model and repositioned itself as an outcome-focused company for parking management, ALPR systems and operational intelligence, offering AI-enabled products such as Route1 ABI and the route optimizer Mr. Parking. Recurring revenues stood at about $1.35m at the end of Q1, with average annual RRU per customer of just over $10,000; several deals in the pipeline target six-figure annual contracts. Management expects a markedly stronger second half of 2026 and identifies growth in recurring revenues and an improvement in EBITDA as key performance indicators. Route1 also highlights governance and data-privacy compliance as competitive advantages and has entered a partnership with Genetec. » More on de.investing.com
Route1 increases revenue by 15% — slight loss weighs on stock
Route1 reports a 15% revenue increase for Q1 2026 to about CAD 2.6m, with EPS of -0.01 CAD. The company achieved positive operating cash flow and a run-rate of recurring revenues of USD 1.35m. Management announces a strategic refocus on recurring revenues and AI-powered solutions in parking and mobility. After the results, the stock fell 4.55%, with investors cautious due to the persistent negative EPS. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 1.48m | 35.69% |
| Gross profit | 564.36k | 32.86% |
| Net profit | -542.09 | 98.59% |
| EBITDA | 26.5k | 83.84% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €3.57m |
Number of shares | 46.87m |
52-week high/low | €0.10 - €0.0383 |
| Dividends | No |
Beta | 0.84 |
P/E ratio | -35.29 |
PEG ratio | -0.19 |
P/B ratio | -9.87 |
P/S ratio | 0.53 |
Company profile
Route1 Inc. provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; and MobiNET and DEFIMNET, which are universal identity management and service delivery platforms. It also provides ActionPLAN that captures and interprets the data in the form of actionable work orders to deliver real time and quantitative industrial process data and analytics to help pinpoint the exact sources of unplanned downtime; ScreenSTOP, an intelligent in-motion screen masking solution to reduce operator distraction for forklifts; and AutoVu, an automatic license plate recognition system to locate vehicles of interest and enforce parking restrictions. In addition, the company offers rugged devices, such as laptops and notebooks, tablets, handhelds and scanners, printers, vehicle docking stations and mounts, WiFi networks, mobile wireless, mobile antennas and wireless accessories, and mobile video and video accessories, as well as computing, printing and scanning accessories. It serves federal government, manufacturing, financial service, healthcare, manufacturing, parking, and public safety, as well as oil, gas, and utility industries. Route1 Inc. is headquartered in Toronto, Canada.
| Name | Route1 |
| CEO | Tony Busseri |
| Headquarters | Scottsdale,
az Canada |
| Website | |
| Industry | Energy Equipment & Services |
| IPO | 11/01/2019 |
| Employees | 30 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Tsxv | ROI.V |
Pnk | ROIUF |
Frankfurt | 3R6N.F |