Announcement • May 08
Route1 Inc. to Report Q1, 2026 Results on May 14, 2026 Route1 Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026 Announcement • Apr 21
Route1 Inc. to Report Fiscal Year 2025 Results on Apr 28, 2026 Route1 Inc. announced that they will report fiscal year 2025 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026 Announcement • Dec 16
Route1 Inc. announced that it has received CAD 0.32825 million in funding On December 15, 2025, the company closed the transaction by closing second and final tranche of the offering. The second tranche consists of 1,253,333 Units of the company at a price per Unit of CAD 0.075 for gross proceeds of CAD 93,999.975. In total, Route1 issued 4,376,665 Units for aggregate gross proceeds of approximately CAD 328,250 under the Offering. Company management subscribed for Units under the Offering for a total of CAD 67,999.92, representing approximately 20.72% of the Offering. Announcement • Nov 28
Route1 Inc. Announces Chief Financial Officer Changes, Effective December 1, 2025 Effective December 1, 2025, Route1 Inc. announced the appointment of Jerry Iwanski as Interim Chief Financial Officer. Mr. Iwanski will replace Tony Busseri as Interim Chief Financial Officer. Mr. Busseri will continue in his role as President and Chief Executive Officer of the Company. Reported Earnings • Nov 23
Third quarter 2025 earnings released: EPS: CA$0.006 (vs CA$0.007 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.006 (up from CA$0.007 loss in 3Q 2024). Revenue: CA$2.95m (down 20% from 3Q 2024). Net income: CA$252.7k (up CA$535.9k from 3Q 2024). Profit margin: 8.6% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Nov 06
Route1 Inc. announced that it expects to receive CAD 0.5 million in funding Route1 Inc announced a non brokered private placement to issue 66,66,666 units at an issue price of CAD 0.075 for the proceeds of CAD 499,999.95 on November 4, 2025. Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of CAD 0.10 for a period of 18 months following the issue date of the units. Certain insiders may subscribe for units under the offering. The offering is expected to close in multiple tranches. The first tranche is anticipated to close on or about November.19, 2025, or such other date as the company may determine. Closing of the offering is subject to customary conditions, including the acceptance of the TSX Venture Exchange. Announcement • Oct 02
Route1 Inc. Announces Updates to its Actionable Business Intelligence Software Application Route1 Inc. announced updates to its Actionable Business Intelligence ("ABI") software application. Through a single intuitive interface, parking professionals can instantly evaluate current operations against dynamic benchmarks developed by Route1's domain experts. Route1's real-world benchmarks are segmented by enforcement and parking, providing intelligent baselines for live performance indicator tracking and trend analysis. Built-in analytics drive higher visibility, tighter accountability, and measurable impact at every layer of a user's operation including: Uncovering latent revenue opportunities. Optimizing curbside usage. Monitoring parking facility usage, including occupancy, and dwell and turnover times. Visualizing compliance - the good, the bad and the ugly. Route1 processes raw ALPR streams directly from end user's mobile and fixed ALPR cameras, providing the most complete, accurate, and timely operational picture in the industry. The technology ensures that every visualization reflects ground truth - allowing for confident, data-backed decision in real time. Version 3.5 - Actionable Revenue Opportunity Indicators and Parking Survey Capability. Parking Platform. released on early 2026, Route1's co-pilot will be an AI operations co-pilot that acts as a force multiplier - exponentially extending staff capability. It will be purpose-built to optimize parking operations by combining advanced machine learning with a secure, scalable platform that keeps control of sensitive data in-house. The system will run on a dedicated on-premises AI infrastructure including three GPU servers, backed by shared storage, solid-state checkpointing, and high-speed networking to deliver consistent low-latency performance. Sized for 13B -70B models, Route1's AI co-pilot will be designed for continuous refinement and understanding of unique parking operations and how socioeconomic factors and decisions can impact those operations in real time. Engineered for adaptive learning through feedback, measurement and refinement cycles, Route1''s AI co-p pilot will empower clients to achieve even more in the future by unlocking advanced capabilities such as event-aware staffing, predictive compliance sweep, proactive curb allocation, and strategic "what -if" investment planning. The more it is used, the stronger it becomes - growing into a domain-specialized AI expert in parking operations. Announcement • Sep 30
Route1 Inc., Annual General Meeting, Dec 04, 2025 Route1 Inc., Annual General Meeting, Dec 04, 2025. Location: ontario, toronto Canada Reported Earnings • Aug 27
Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.008 loss in 2Q 2024) Second quarter 2025 results: CA$0.001 loss per share (improved from CA$0.008 loss in 2Q 2024). Revenue: CA$3.69m (up 5.9% from 2Q 2024). Net loss: CA$61.5k (loss narrowed 81% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2025 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in 1Q 2024) First quarter 2025 results: CA$0.005 loss per share (further deteriorated from CA$0.004 loss in 1Q 2024). Revenue: CA$2.23m (down 45% from 1Q 2024). Net loss: CA$214.1k (loss widened 44% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year. Announcement • Apr 25
Route1 Inc. to Report Q4, 2024 Results on Apr 28, 2025 Route1 Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2025 Reported Earnings • Nov 26
Third quarter 2024 earnings released: CA$0.007 loss per share (vs CA$0.002 loss in 3Q 2023) Third quarter 2024 results: CA$0.007 loss per share (further deteriorated from CA$0.002 loss in 3Q 2023). Revenue: CA$3.71m (down 18% from 3Q 2023). Net loss: CA$283.2k (loss widened 306% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Announcement • Nov 21
Route1 Inc. to Report Q3, 2024 Results on Nov 26, 2024 Route1 Inc. announced that they will report Q3, 2024 results on Nov 26, 2024 Announcement • Sep 11
Route1 Inc., Annual General Meeting, Nov 20, 2024 Route1 Inc., Annual General Meeting, Nov 20, 2024. Location: ontario, toronto Canada Reported Earnings • Aug 22
Second quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.015 loss in 2Q 2023) Second quarter 2024 results: CA$0.008 loss per share (improved from CA$0.015 loss in 2Q 2023). Revenue: CA$3.48m (down 17% from 2Q 2023). Net loss: CA$327.5k (loss narrowed 49% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Announcement • May 16
Route1 Inc. to Report Q1, 2024 Results on May 15, 2024 Route1 Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024 Reported Earnings • Apr 30
Full year 2023 earnings released: CA$0.03 loss per share (vs CA$0.043 loss in FY 2022) Full year 2023 results: CA$0.03 loss per share (improved from CA$0.043 loss in FY 2022). Revenue: CA$17.6m (down 20% from FY 2022). Net loss: CA$1.28m (loss narrowed 25% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. Announcement • Apr 06
Route1 Inc. to Report Q4, 2023 Results on Apr 24, 2024 Route1 Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2024 Reported Earnings • Nov 19
Third quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.002 profit in 3Q 2022) Third quarter 2023 results: CA$0.002 loss per share (down from CA$0.002 profit in 3Q 2022). Revenue: CA$4.52m (down 34% from 3Q 2022). Net loss: CA$69.8k (down 209% from profit in 3Q 2022). Announcement • Sep 19
Route1 Inc., Annual General Meeting, Nov 29, 2023 Route1 Inc., Annual General Meeting, Nov 29, 2023. Reported Earnings • Aug 27
Second quarter 2023 earnings released: CA$0.015 loss per share (vs CA$0.001 loss in 2Q 2022) Second quarter 2023 results: CA$0.015 loss per share (further deteriorated from CA$0.001 loss in 2Q 2022). Revenue: CA$4.18m (down 41% from 2Q 2022). Net loss: CA$640.3k (loss widened CA$583.7k from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 29
Full year 2022 earnings released: CA$0.043 loss per share (vs CA$0.006 profit in FY 2021) Full year 2022 results: CA$0.043 loss per share (down from CA$0.006 profit in FY 2021). Revenue: CA$22.0m (down 19% from FY 2021). Net loss: CA$1.72m (down CA$1.94m from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: CA$0.002 (vs CA$0.002 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0.002 (up from CA$0.002 loss in 3Q 2021). Revenue: CA$6.85m (down 6.0% from 3Q 2021). Net income: CA$64.1k (up CA$125.4k from 3Q 2021). Profit margin: 0.9% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Edward Reeder was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 18
Route1 Inc. Announces Board Changes Route1 Inc. announced that each of David A. Fraser and Edward M. Reeder Jr. has elected not to seek another term as a director. Announcement • Sep 23
Route1 Inc., Annual General Meeting, Nov 30, 2022 Route1 Inc., Annual General Meeting, Nov 30, 2022. Reported Earnings • Aug 24
Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.012 profit in 2Q 2021) Second quarter 2022 results: CA$0.001 loss per share (down from CA$0.012 profit in 2Q 2021). Revenue: CA$7.11m (up 12% from 2Q 2021). Net loss: CA$56.7k (down 112% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • May 28
First quarter 2022 earnings released: EPS: CA$0 (vs CA$0.004 in 1Q 2021) First quarter 2022 results: EPS: CA$0 (down from CA$0.004 in 1Q 2021). Revenue: CA$4.70m (down 29% from 1Q 2021). Net income: CA$1.1k (down 99% from 1Q 2021). Profit margin: 0% (down from 2.1% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • May 19
Route1 Inc. to Report Q1, 2022 Results on May 25, 2022 Route1 Inc. announced that they will report Q1, 2022 results After-Market on May 25, 2022 Reported Earnings • Apr 29
Full year 2021 earnings released: EPS: CA$0.006 (vs CA$0.048 loss in FY 2020) Full year 2021 results: EPS: CA$0.006 (up from CA$0.048 loss in FY 2020). Revenue: CA$27.3m (down 8.2% from FY 2020). Net income: CA$222.2k (up CA$1.93m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Edward Reeder was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 24
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: CA$0.002 loss per share (up from CA$0.015 loss in 3Q 2020). Revenue: CA$7.29m (down 20% from 3Q 2020). Net loss: CA$61.3k (loss narrowed 88% from 3Q 2020). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) were behind analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 13% per year. Executive Departure • Nov 23
Executive Officer Yamian Quintero has left the company On the 19th of November, Yamian Quintero's tenure as Executive Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Yamian's name. Yamian is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.25 years. Announcement • Sep 25
Route1 Inc. (TSXV:ROI) announces an Equity Buyback for 1,985,473 shares, representing 5% for CAD 1.49 million. Route1 Inc. (TSXV:ROI) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,985,473 common shares, representing 5% of its issued share capital for CAD 1.49 million. The shares will be purchased at a price not greater than CAD 0.75 per common share. The repurchased shares will be cancelled. The bid is subject to approval by the TSX Venture Exchange. The bid is valid till September 27, 2022. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CA$0.012 (vs CA$0.002 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CA$6.34m (down 9.1% from 2Q 2020). Net income: CA$460.8k (up CA$520.9k from 2Q 2020). Profit margin: 7.3% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • May 22
First quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.005 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$6.61m (up 3.9% from 1Q 2020). Net income: CA$137.9k (up CA$320.8k from 1Q 2020). Profit margin: 2.1% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • May 01
Full year 2020 earnings released: CA$0.048 loss per share (vs CA$0.015 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CA$29.7m (up 24% from FY 2019). Net loss: CA$1.71m (loss widened 208% from FY 2019). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 30
Route1 Inc. Settles Patent Litigation with AirWatch Route1 Inc. announced that it has entered into a settlement agreement with AirWatch and its parent company VMWare ending the patent infringement litigation between the parties in both the United States and Canada. As previously disclosed, Route1 posted a fully collateralized bond with the United States District Court in Delaware in the amount of USD 1,668,840 in connection with the court order awarding costs to VMWare and the appeal of this order by Route. Under the terms of the settlement agreement, Route will pay USD 1,400,000 to VMWare. Once the payment of the Settlement Amount is made, the litigation in both the United States and Canada will be dismissed and the difference between the Bond Amount and the Settlement Amount, USD 268,840 less any fees and costs deducted by Liberty Mutual, will be returned to Route1. Announcement • Dec 18
Route1 Inc. announced that it has received CAD 3 million in funding On December 16, 2020, Route1 Inc. (TSXV:ROI) closed the transaction. The company paid finders fees of CAD 38,250 and issued 45,000 finder warrants on the same terms as that issued in the transaction. 80,000 units and finders warrants issued in the transaction are subject to final acceptance of the TSX Venture Exchange. Is New 90 Day High Low • Dec 16
New 90-day high: CA$1.02 The company is up 67% from its price of CA$0.61 on 16 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period. Reported Earnings • Nov 28
Third quarter 2020 earnings released: CA$0.015 loss per share The company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: CA$9.15m (up 5.0% from 3Q 2019). Net loss: CA$528.3k (down CA$529.0k from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 27
Route1 Inc. announced that it expects to receive CAD 2.5 million in funding Route1 Inc. (TSXV:ROI) announced a non-brokered private placement of 2,941,176 units at a issue price of CAD 0.85 per unit for gross proceeds up to CAD 2,500,000 on November 25, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable at a price of CAD 1 per share for 18 months from date of closing. The completion and payment of any commission and fees in the transaction is subjected to the all necessary approvals, including the approval of the TSX Venture Exchange. All the securities to be issued in the transaction are subject to hold period of four months and one day from the closing date. Is New 90 Day High Low • Nov 12
New 90-day high: CA$0.78 The company is up 30% from its price of CA$0.60 on 13 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: CA$0.56 The company is down 10.0% from its price of CA$0.62 on 29 July 2020. The Canadian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 1.0% over the same period. Announcement • Oct 11
Route1 Inc. Provides AirWatch Litigation Update Route1 Inc. (company) announced that the Federal Circuit Court of Appeals issued its decision in Route1 Inc. v. AirWatch, LLC, affirming the prior decision of the United States District Court for the District of Delaware granting summary judgment to AirWatch on Route1's claim for infringement of the 7,814,216 Patent. The Company is considering its options with respect to the litigation in Canada and the United States in light of this decision. This decision of the Court does not affect the appeal filed by Route1 on September 22, 2020 with respect to the order of the United States District Court for the District of Delaware granting AirWatch's motion for attorneys' fees in part and denying it in part, ordering a payment to AirWatch in the amount of $1,668,839.55 including interest. On September 22, 2020, the Company posted a cash-collateralized bond with the court for this amount. Is New 90 Day High Low • Oct 09
New 90-day low: CA$0.57 The company is down 17% from its price of CA$0.69 on 10 July 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. 
