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.
TypePublic
Founded2013
HQDenver, CO, US
Websitemassroots.com
Employee Ratings2.4
Overall CultureB-

Latest Updates

Employees (est.) (Apr 2019)8(+60%)
Revenue (FY, 2019)$23.7 K(+21%)
Share Price (Nov 2021)$0.1(-1%)
Cybersecurity ratingAMore
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Key People/Management at MassRoots

Isaac Dietrich

Isaac Dietrich

CEO, Chairman
John Dill

John Dill

Content Director
Marcel Lam

Marcel Lam

Director of Sales Operations
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MassRoots Office Locations

MassRoots has an office in Denver
Denver, CO, US (HQ)
2420 17th St #3118
Denver, CO, US
1560 Broadway 17 105
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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
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

701.6k319.2k19.6k23.7k

Revenue growth, %

228%(54%)(94%)

Cost of goods sold

180.4k630.0994.0

Gross profit

521.2k318.6k18.6k
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

134.7k142.9k11.5k1.5k2.2k4.0k4.4k18.4k909.02.3k

Cost of goods sold

3.5k

Gross profit

134.7k142.9k11.5k1.5k2.2k4.0k853.018.4k909.0

Gross profit Margin, %

100%100%100%100%100%100%19%100%100%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

374.5k1.2m29.6k1.1k

Accounts Receivable

3.3k

Prepaid Expenses

16.6k14.0k2.0k

Current Assets

377.8k1.2m43.6k3.1k
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.2m31.2k267.3k674.8k15.9k11.2k485.01.7k2.6k850.0650.0650.0

Accounts Receivable

583.085.0167.0

Prepaid Expenses

10.4k551.5k116.4k23.6k27.2k25.3k16.3k

Current Assets

2.2m31.2k277.8k1.2m132.4k34.8k50.8k27.0k19.1k850.0650.0650.0
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(18.0m)(44.4m)(16.0m)(34.3m)

Depreciation and Amortization

19.5k416.3k443.1k45.3k

Accounts Payable

(298.1k)732.0k

Cash From Operating Activities

(6.2m)(8.0m)(6.4m)(1.8m)
Quarterly
USDQ1, 2017Q3, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 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

5.8k21.3k(11.9k)105.8k222.5k335.7k14.0k28.2k42.1k

Accounts Payable

503.9k49.0k62.7k94.2k

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)
USDFY, 2016

Debt/Equity

-1.2 x

Debt/Assets

1.8 x

Financial Leverage

-0.7 x
Show all financial metrics

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.
Apr, 2014Jul, 2015Mar, 2017Oct, 2017Dec, 2018Feb, 2019

Articles

2.7 k

Enterprise Customers

100

Trademarks

4

Users

100 k450 k1 m1 m1 m
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MassRoots Acquisitions / Subsidiaries

Company NameDateDeal Size
COWA ScienceFebruary 13, 2019
WeedPassDecember 07, 2018
Odava, Inc.July 06, 2017
CannaBuildDecember 19, 2016
WhaxyDecember 15, 2016
DDDigital LLC
MassRoots Blockchain Technologies, Inc.
MassRoots Supply Chain, Inc

MassRoots Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

MassRoots Online and Social Media Presence

Embed Graph

MassRoots Company Culture

  • Overall Culture

    B-

    78/100

  • CEO Rating

    D

    63/100

  • Compensation

    A-

    87/100

Learn more on Comparably

MassRoots Blogs

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…

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…

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…

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 …

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…

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…
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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.