OverviewSuggest Edit

Route1 is the provider of digital security and identity management solutions to enterprises worldwide. The Company's flagship technology MobiKEY combines secure mobile access, with high assurance identity validation and plug-and-play usability. Remote and mobile workers are able to securely and cost-effectively access their workspace from any device without exposing the worldwide to the risk of data spillage or malware propagation.

TypePublic
Founded2004
HQToronto, CA
Websiteroute1.com
Employee Ratings2

Latest Updates

Revenue (FY, 2017)C$6.1 M
Share Price (Oct 2020)C$0.6 (-1%)
Cybersecurity ratingCMore

Key People/Management at Route1

Michael D. Harris

Michael D. Harris

Chairman
Tony Busseri

Tony Busseri

Chief Executive Officer and Director
Peter Chodos

Peter Chodos

Executive Vice President and Chief Financial Officer, Director
Yamian Quintero

Yamian Quintero

Executive VP and Chief Technology Officer
Jerry Iwanski

Jerry Iwanski

Senior VP and Chief Digital Officer
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Route1 Office Locations

Route1 has offices in Toronto, Boca Raton, Chandler, Chattanooga and in 1 other location
Toronto, CA (HQ)
600 8 King St E
Boca Raton, US
951 Broken Sound Pkwy NW #108
Chandler, US
5590 W Chandler Blvd #3
Chattanooga, US
6031 Century Oaks Dr
Glen Allen, US
9962 Brook Rd
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Route1 Financials and Metrics

Route1 Revenue

Route1's revenue was reported to be C$6.07 m in FY, 2017
CAD

Revenue (FY, 2017)

6.1m

Gross profit (FY, 2017)

4.7m

Gross profit margin (FY, 2017), %

78.2%

Net income (FY, 2017)

(610.0k)

EBIT (FY, 2017)

9.2k

Market capitalization (21-Oct-2020)

21.0m

Closing stock price (21-Oct-2020)

0.6

Cash (31-Dec-2017)

1.0m
Route1's current market capitalization is C$21 m.
CADFY, 2017

Revenue

6.1m

Cost of goods sold

1.3m

Gross profit

4.7m

Gross profit Margin, %

78%
CADFY, 2017

Cash

1.0m

Accounts Receivable

333.0k

Prepaid Expenses

238.7k

Current Assets

2.0m
CADFY, 2017

Depreciation and Amortization

391.8k

Inventories

54.3k

Accounts Payable

(11.6k)

Cash From Operating Activities

(641.1k)
CADFY, 2017

Financial Leverage

2.6 x
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Route1 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Route1 Revenue Breakdown

Embed Graph

Route1 revenue breakdown by business segment: 93.9% from Subscription Revenue and Services, 5.3% from Devices and Appliances and 0.8% from Other

Route1 revenue breakdown by geographic segment: 96.2% from USA and 3.8% from Other

Route1 Online and Social Media Presence

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Route1 News and Updates

Route1 Announces Q2 2019 Financial Results

Dr. Barry West joins the Board of Directors Dr. Barry West joins the Board of Directors

Route1 to Commence Trading on a Consolidated Basis at the Opening of the Market on Tuesday, August 13, 2019

TORONTO, Aug. 09, 2019 (GLOBE NEWSWIRE) -- Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of industrial-grade data intelligence, user authentication and ultra-secure mobile workforce solutions, today announced that it has received conditio…

Route1 Announces Its Intention to Consolidate Its Common Shares

TORONTO, July 26, 2019 (GLOBE NEWSWIRE) -- Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of industrial-grade data intelligence, user authentication and ultra-secure mobile workforce solutions, today announced that it intends to apply to t…

Route1 Closes the Purchase of PCS Mobile

TORONTO, June 28, 2019 (GLOBE NEWSWIRE) -- Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of industrial-grade data intelligence, user authentication and ultra-secure mobile workforce solutions, today announced that it has completed the acq…

Route1 Signs Definitive Agreement to Acquire PCS Mobile

TORONTO, June 14, 2019 (GLOBE NEWSWIRE) -- Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of industrial-grade data intelligence, user authentication and ultra-secure mobile workforce solutions, today announced that it has entered into a sh…

Route1 Reports 2019 First Quarter Financial Results

TORONTO, May 23, 2019 (GLOBE NEWSWIRE) -- Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), North America's most advanced provider of industrial-grade data intelligence, user authentication and ultra-secure mobile workforce solutions, today announced its first quarter (Q1) fina…
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Route1 Blogs

Podcast – Route1 Inc. CEO, Tony Busseri, Shares Aggressive Growth Strategy With The Stock Day Podcast

 » Read more about: Podcast – Route1 Inc. CEO, Tony Busseri, Shares Aggressive Growth Strategy With The Stock Day Podcast  » The post Podcast – Route1 Inc. CEO, Tony Busseri, Shares Aggressive Growth Strategy With The Stock Day Podcast appeared first on Route1.

Route1 Inc. CEO, Tony Busseri, Shares Aggressive Growth Strategy With The Stock Day Podcast

The Stock Day Podcast welcomed Route1 Inc. (“the Company”), an advanced North American technology company that empowers their clients with data-centric solutions necessary to drive greater profitability, improve operational efficiency and gain sustainable competitive advantages, while always emphasi…

Route1 Announces Dr. Barry C. West to Chair US Government Advisory Board

Toronto, Canada, February 3, 2020 – Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of data-centric business empowerment solutions today announced that effective today, Dr. Barry C. West has stepped down as a member of Route1’s Board of Direc…

Route1’s PCS Mobile Named Genetec AutoVu Premier Partner of the Year – North America

Toronto, Canada, January 31, 2020 – Route1 Inc. (OTCQB: ROIUF and TSXV: ROI) (the “Company” or “Route1”), an advanced North American provider of data-centric business empowerment solutions today announced that at Genetec’s Connect 20 event held last night in San Diego, California, Route1’s wholly ow…

Podcast – Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast

 » Read more about: Podcast – Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast  » The post Podcast – Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast appeared first on Route1.

Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast

 » Read more about: Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast  » The post Route1 Inc. Discusses 2019 Highlights and 2020 Goals with The Stock Day Podcast appeared first on Route1.
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Route1 Frequently Asked Questions

  • When was Route1 founded?

    Route1 was founded in 2004.

  • Who are Route1 key executives?

    Route1's key executives are Michael D. Harris, Tony Busseri and Peter Chodos.

  • What is Route1 revenue?

    Latest Route1 annual revenue is C$6.1 m.

  • Who are Route1 competitors?

    Competitors of Route1 include Ubisecure, EB2BCOM and Centrify.

  • Where is Route1 headquarters?

    Route1 headquarters is located at 600 8 King St E, Toronto.

  • Where are Route1 offices?

    Route1 has offices in Toronto, Boca Raton, Chandler, Chattanooga and in 1 other location.

  • How many offices does Route1 have?

    Route1 has 5 offices.