MassRoots
OverviewSuggest Edit
MassRoots is a company that operates a social network for the medical cannabis community. It offers the MassRoots app that enables users to find smoking buddies, share their cannabis experiences with like-minded friends, and stay connected with local dispensaries.
| Type | Public | |
| Founded | 2013 | |
| HQ | Denver, CO, US | Map |
| Website | massroots.com | |
| Employee Ratings | More | |
| Overall Culture | B- | More |
Recent NewsAll News
- MassRoots Issues Update on its Planned Acquisition of Empire Services, Inc., Which is Continuing its Expansion
- MassRoots, Through its Planned Acquisition of Empire Services, Inc., Poised to Benefit from Rising Metal Markets and Inflationary Pressures
- MassRoots Appoints Danny Meeks as Chairman of its Board of Directors
- MassRoots Issues Update on Its Expected Acquisition of Empire Services, Inc. and Plans to Uplist to a National Exchange
Key People/Management at MassRoots
Isaac Dietrich
CEO, Chairman
John Dill
Content Director
Marcel Lam
Director of Sales Operations
MassRoots Office Locations
MassRoots has an office in Denver
Denver, CO, US (HQ)
2420 17th St #3118
Denver, CO, US
1560 Broadway 17 105
MassRoots Financials and Metrics
MassRoots Revenue
MassRoots's revenue was reported to be $23.7 k in FY, 2019
| USD | |
|---|---|
Revenue (Q3, 2020) | 2.3k |
Net income (Q3, 2020) | 64.7m |
EBIT (Q3, 2020) | (205.9k) |
Market capitalization (10-Nov-2021) | 28.9m |
Closing stock price (10-Nov-2021) | 0.1 |
Cash (30-Sept-2020) | 650.0 |
EV | 36.6m |
MassRoots's current market capitalization is $28.9 m.
Annual
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.2m | 31.2k | 267.3k | 674.8k | 15.9k | 11.2k | 485.0 | 1.7k | 2.6k | 850.0 | 650.0 | 650.0 |
Accounts Receivable | 583.0 | 85.0 | 167.0 | |||||||||
Prepaid Expenses | 10.4k | 551.5k | 116.4k | 23.6k | 27.2k | 25.3k | 16.3k | |||||
Current Assets | 2.2m | 31.2k | 277.8k | 1.2m | 132.4k | 34.8k | 50.8k | 27.0k | 19.1k | 850.0 | 650.0 | 650.0 |
Annual
Quarterly
| USD | Q1, 2017 | Q3, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (7.4m) | (26.2m) | (19.1m) | (5.5m) | (8.4m) | (12.9m) | (1.5m) | (2.9m) | (26.3m) | (32.0m) | (112.1m) | (47.4m) |
Depreciation and Amortization | 5.8k | 21.3k | (11.9k) | 105.8k | 222.5k | 335.7k | 14.0k | 28.2k | 42.1k | |||
Accounts Payable | 503.9k | 49.0k | 62.7k | 94.2k | ||||||||
Cash From Operating Activities | (2.5m) | (7.2m) | (5.2m) | (3.5m) | (4.4m) | (5.7m) | (286.6k) | (832.7k) | (1.4m) | (109.4k) | (492.5k) | (717.1k) |
| USD | FY, 2016 |
|---|---|
Debt/Equity | -1.2 x |
Debt/Assets | 1.8 x |
Financial Leverage | -0.7 x |
MassRoots Operating Metrics
MassRoots's Users was reported to be 1 m in Dec, 2018. MassRoots's Enterprise Customers was reported to be 100 in Feb, 2019.
MassRoots Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| COWA Science | February 13, 2019 | |
| WeedPass | December 07, 2018 | |
| Odava, Inc. | July 06, 2017 | |
| CannaBuild | December 19, 2016 | |
| Whaxy | December 15, 2016 | |
| DDDigital LLC | ||
| MassRoots Blockchain Technologies, Inc. | ||
| MassRoots Supply Chain, Inc |
MassRoots Cybersecurity Score
MassRoots Online and Social Media Presence
163.84k Twitter followers
MassRoots has 163.84k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.1% quarter over quarter
MassRoots's Trends
MassRoots Company Culture
Overall Culture
B-
78/100
CEO Rating
D
63/100
Compensation
A-
87/100
MassRoots Blogs
July 06, 2021
MassRoots Issues Update on its Planned Acquisition of Empire Services, Inc., Which is Continuing its Expansion
MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT) is pleased to report that Empire Se…
June 14, 2021
MassRoots, Through its Planned Acquisition of Empire Services, Inc., Poised to Benefit from Rising Metal Markets and Inflationary Pressures
MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which isexpected to result in MassRoots generating significant revenues and positive cashflows from operations Norfolk, VA June 14, 2021 — MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT) isplease…
June 07, 2021
MassRoots Appoints Danny Meeks as Chairman of its Board of Directors
MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations Norfolk, VA June 7, 2021 — MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT) is pleas…
June 02, 2021
MassRoots Issues Update on Its Expected Acquisition of Empire Services, Inc. and Plans to Uplist to a National Exchange
MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT) is pleased to release the following update on its expected acquisition of Empire Services, Inc. (“Empire”) and plans to meet the listing requirements and apply to list its shares of common stock on a national exchange. MassRoots recently …
May 25, 2021
MassRoots Amends its Certificate of Incorporation to Proceed with Acquisition of Empire Services, Inc.
MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink: MSRT) announced that it obtained all nec…
May 17, 2021
MassRoots Issues Update on its Planned Merger with Empire Services; Launches ClunkerCash.net
Empire has launched ClunkerCash.net to create a new, scalable revenue channel and has released a testimonial from Sims Metal, one of the world’s largest metal recyclers MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT), a leading technology company, released the following update on its p…
MassRoots Frequently Asked Questions
When was MassRoots founded?
MassRoots was founded in 2013.
Who are MassRoots key executives?
MassRoots's key executives are Isaac Dietrich, John Dill and Marcel Lam.
How many employees does MassRoots have?
MassRoots has 8 employees.
What is MassRoots revenue?
Latest MassRoots annual revenue is $23.7 k.
What is MassRoots revenue per employee?
Latest MassRoots revenue per employee is $3 k.
Who are MassRoots competitors?
Competitors of MassRoots include Fable, Simplicity and Geneva.
Where is MassRoots headquarters?
MassRoots headquarters is located at 2420 17th St #3118, Denver.
Where are MassRoots offices?
MassRoots has an office in Denver.
How many offices does MassRoots have?
MassRoots has 2 offices.
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