Route1 (ROI.V) Stock Price

Route1 Price

TSX·CLOSED
0.15CAD+0.00 (+0.00 %)
Market closed

Over the last 19 years Route1 grew revenue by 17.5% annually, reaching 11.52 M CAD. Earnings per share have declined at 22.7% per year over the last 9 years. For Route1, the net margin of -3.0% is down versus 0.8% a few years ago. The stock trades about 200% above its 52-week low.

Route1 stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Route1 over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Route1 stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Route1's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Route1 Stock Price History
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Access this data via the Eulerpool API

Route1 Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
26.23 M CAD
-7.04 M CAD
-434,344.00 CAD
Jan 1, 2019
24.01 M CAD
232,909.00 CAD
-554,177.00 CAD
Jan 1, 2020
29.71 M CAD
-16,782.00 CAD
-1.71 M CAD
Jan 1, 2021
27.27 M CAD
593,390.00 CAD
222,207.00 CAD
Jan 1, 2022
22.05 M CAD
-376,901.00 CAD
-1.72 M CAD
Jan 1, 2023
17.58 M CAD
-637,520.00 CAD
-1.28 M CAD
Jan 1, 2024
15.15 M CAD
-534,121.00 CAD
-1.06 M CAD
Jan 1, 2025
11.52 M CAD
-436,609.00 CAD
-350,758.00 CAD

Route1 Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 7:06 PM
 
REVENUEM CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM CAD
EBITM CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
5.005.009.005.006.006.007.006.0026.0024.0029.0027.0022.0017.0015.0011.00
80.00-44.4420.0016.67-14.29333.33-7.6920.83-6.90-18.52-22.73-11.76-26.67
80.0080.0077.7880.0066.6783.3371.4366.6726.9237.5037.9337.0431.8223.5333.3336.36
4.004.007.004.004.005.005.004.007.009.0011.0010.007.004.005.004.00
-1.002.00-7.00
-20.0022.22-26.92
-1.00-1.002.00-1.00-1.00-1.00-1.00
-66.67-300.00
38.8538.8938.2038.2037.6536.3934.9534.7236.4236.1138.6939.7142.5042.5042.5042.50
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Route1 generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Route1 retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Route1's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Route1 has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Route1's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Route1 stock margins

The Route1 margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Route1. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Route1.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
28.59 %
-26.83 %
-1.66 %
Jan 1, 2019
37.62 %
0.97 %
-2.31 %
Jan 1, 2020
37.27 %
-0.06 %
-5.75 %
Jan 1, 2021
39.69 %
2.18 %
0.81 %
Jan 1, 2022
34.40 %
-1.71 %
-7.79 %
Jan 1, 2023
26.15 %
-3.63 %
-7.30 %
Jan 1, 2024
34.65 %
-3.52 %
-7.00 %
Jan 1, 2025
38.77 %
-3.79 %
-3.05 %

Route1 Stock Revenue, EBIT, Earnings per Share

The Route1 earnings per share therefore indicates how much revenue Route1 has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
0.72 CAD
-0.19 CAD
-0.01 CAD
Jan 1, 2019
0.66 CAD
0.01 CAD
-0.02 CAD
Jan 1, 2020
0.77 CAD
-0.00 CAD
-0.04 CAD
Jan 1, 2021
0.69 CAD
0.01 CAD
0.01 CAD
Jan 1, 2022
0.52 CAD
-0.01 CAD
-0.04 CAD
Jan 1, 2023
0.41 CAD
-0.02 CAD
-0.03 CAD
Jan 1, 2024
0.36 CAD
-0.01 CAD
-0.02 CAD
Jan 1, 2025
0.00 CAD
0.00 CAD
0.00 CAD

Route1 business model & stock analysis

Route1 Inc. (formerly "Transition Networks Inc.") is a company based in Toronto, Canada, specializing in the development of solutions and services in the IT security and cyber security field. The company was founded in 1994 and has undergone remarkable development in recent years, particularly through the acquisition of some important technology companies such as Avocado Security Inc., GroupComm Systems Inc., and HPCTech Inc. The business model of Route1 Inc. is focused on offering solutions and services that focus on secure communication and data protection. The company has focused on two main areas - the IT security and cyber security of businesses, government agencies, military facilities, and other organizations working with sensitive information. Route1 Inc. offers a variety of products and solutions to meet the needs of these organizations. These include encryption software, authentication software, remote access technologies, and virtual private network (VPN) systems. One of Route1's flagship products is the MobiKEY USB dongle, a security solution that allows users to securely access networks from any location by simply connecting to a device set up within the organization's networks. This product has particularly proven its worth for government agencies and military organizations working with highly sensitive information. Route1 Inc. has also demonstrated a strong commitment to research and development (R&D) and has acquired several patents and innovations. The company has filed multiple patents in the field of information security, highlighting the organization's ability to adapt to the needs of its customers while maintaining a strong technological foundation. Route1 is divided into different business divisions, each offering different products and services. One of the most important business divisions is the Government Solutions Group, which focuses on government agencies, particularly in the area of national security. Route1 Inc. offers solutions that meet the needs of government agencies, including access to mission-critical applications, systems, and data anywhere and anytime. Another important business division of Route1 Inc. is the Enterprise Group, which focuses on the needs of smaller businesses, educational institutions, and other organizations. This group offers similar solutions to the Government Solutions Group but with a focus on the needs of small and medium-sized enterprises. In summary, Route1 Inc. is a significant player in the field of IT security and cyber security solutions. The company has established a strong presence in Canada, the US, and Europe and is committed to expanding its presence internationally. Through a combination of innovative solutions, strong R&D engagement, and a robust sales and service network, Route1 Inc. has built a solid foundation to continue playing a leading role in the IT security and cyber security industry.

Route1 SWOT Analysis

Strengths

Route1 Inc has several strengths that contribute to its success in the market. These strengths include its innovative technology solutions, strong intellectual property portfolio, and strategic partnerships with major industry players. The company's ability to provide secure remote access and authentication solutions sets it apart from competitors, giving it a competitive edge. Furthermore, Route1's dedicated and experienced team of professionals strengthens its position in the market.

Weaknesses

Despite its strengths, Route1 Inc also faces some weaknesses. One major weakness is the company's relatively small size and limited financial resources compared to larger competitors. This can pose challenges in terms of scaling operations, expanding market reach, and investing in research and development. Additionally, the company's dependency on a few key clients for a significant portion of its revenue exposes it to potential risks if these clients reduce their business or choose alternative solutions.

Opportunities

Route1 Inc has several opportunities to explore in the market. The increasing demand for secure remote access solutions, particularly in industries such as defense, government, and healthcare, provides a favorable market environment for the company to expand its customer base. Additionally, the growing trend towards remote work and the need for enhanced cybersecurity measures creates opportunities for Route1 to offer its solutions to a wider range of organizations. Furthermore, the company can explore strategic partnerships or acquisitions to further strengthen its market position.

Threats

Route1 Inc faces certain threats that can impact its business. One major threat is the presence of well-established competitors with larger market shares and greater resources. These competitors may have the ability to offer similar or substitute solutions at more competitive prices. Additionally, rapid technological advancements in the industry can pose a threat as new and disruptive solutions enter the market. Lastly, economic downturns or financial instability can impact customer spending and investment in technology solutions, affecting Route1's revenue streams.

Route1 Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Route1 historical P/E ratio, EBIT multiple, and P/S ratio

Route1 annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Route1 shares outstanding

The number of shares of Route1 was 42.5 M in 2025. This indicates how many shares Route1 is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
36.42 M Stocks
Jan 1, 2019
36.11 M Stocks
Jan 1, 2020
38.69 M Stocks
Jan 1, 2021
39.71 M Stocks
Jan 1, 2022
42.50 M Stocks
Jan 1, 2023
42.50 M Stocks
Jan 1, 2024
42.50 M Stocks
Jan 1, 2025
42.50 M Stocks

Route1 stock splits

In Route1's history, there have been no stock splits.
Price targets and forecasts for Route1 are not yet available.

Route1 Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/11/20160.00CAD1.84 MCAD2016 Q2
5/12/20160.00CAD1.72 MCAD2016 Q1
4/5/20160.00CAD1.73 MCAD2015 Q4
11/25/20150.00CAD1.71 MCAD2015 Q3
8/18/20150.00CAD1.62 MCAD2015 Q2
5/5/20150.00CAD1.54 MCAD2015 Q1
4/1/20150.00CAD1.55 MCAD2014 Q4
8/12/20140.00CAD1.49 MCAD2014 Q2
5/29/20140.00CAD1.90 MCAD2014 Q1
4/10/20140.00CAD1.65 MCAD2013 Q4

Route1 shareholder structure

% Name
3.08524%
Harris (Michael Deane)
Harris (Michael Deane)
2.44461%
Busseri (Tony P)
Busseri (Tony P)
1.05570%
Chodos (Peter F)
Chodos (Peter F)
0.96494%
Marino (John)
Marino (John)

Route1 Executives and Management Board

TB

Mr. Tony Busseri

President, Chief Executive Officer, Interim Chief Financial Officer, Director · since 2009

Compensation330,000.00 CAD
JI

Mr. Jerry Iwanski

Chief Operating Officer, Executive Vice President · since 2021

Compensation222,917.00 CAD
PC

Mr. Peter Chodos

(59)

Executive Vice President - Corporate Development, Director · since 2009

Compensation216,625.00 CAD
MH

Mr. Michael Harris

(77)

Independent Chairman of the Board

Compensation72,000.00 CAD
JM

Mr. John Marino

Independent Director

Compensation42,000.00 CAD

Frequently asked questions about Route1

The business model of Route1 Inc revolves around providing advanced security and identity management solutions. As a leading provider, Route1 Inc specializes in delivering secure remote access technologies and services. Their innovative MobiKEY platform enables organizations to securely access their digital resources from anywhere, ensuring data protection and network security. Along with their suite of identity management solutions, Route1 Inc caters to various industries, including defense, government, and private sectors. With a focus on ensuring secure and efficient remote operations, Route1 Inc continues to offer cutting-edge solutions to meet the evolving needs of businesses in today's digital world.

All fundamentals and in-depth analysis of Route1

Our stock analysis for Route1 stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Route1. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.