Route1 Inc V.ROI

Alternate Symbol(s): ROIUF

Technology Software - Infrastructure

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.

TSXV:ROI - Post by User

Route1 Inc

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Comment by knowsjackon Aug 24, 2018 10:20am

124 Views

Post# 28511500

RE:RE:RE:Q2 results

It's good see ROI's newest channel Group Mobile selling product and already moving the dial positively on ROI's financials.

Now - if only ROI'd see it's way into creating a tsunami sales channel or two by making a few side deals that would allow it's tech to be integrated into a world-wide range of handheld devices...

dyodd

knowsjack

Freelunch5 wrote: Md&A: ‘The Company believes that sales from ActionPLAN, Powered by MobiNET, will increase in 2018 and beyond. In addition, the Company expects to increase revenue in Group Mobile and expects to leverage this recent acquisition by offering its products and services to the corporate and industrial clients of Group Mobile.”
Freelunch5 wrote: https://globenewswire.com/news-release/2018/08/16/1552870/0/en/Route1-Reports-2018-Second-Quarter-Financial-Results.html
Freelunch5 wrote:
 Statement of operationsIn 000s of CAD dollarsQ2 2018 Q1 2018 Q4 2017 Q3 2017 Q2 2017 Revenue Subscription revenue and services 1,633 1,264 1,263 1,177 1,347 Devices and appliances 3,936 388 109 159 24 Other 7 32 48 2 - Total revenue 5,577 1,684 1,420 1,338 1,371 Cost of revenue 3,620 585 331 362 298 Gross profit 1,957 1,100 1,089 976 1,073 Operating expenses 1,891 1,136 1,164 1,131 1,151 Operating profit (loss) 1 65 (36 )(75 )(155 )(78 ) Total other expenses 2 (144 )114 170 183 157 Net income gain (loss) 209 (150 )(245 )(338 )(235 )