Route1 Inc. · TSXV:ROI
Route1 — Corporate Update (February 2023)
9 slides from Route1's corporate update, Feb 28, 2023
Slide 1: Business Update Shareholder Presentation
Business Update Shareholder Presentation Route1 is an advanced North American engineering and professional services company using data capture technologies. February 28, 2023
Slide 2: Legal Notices
Legal Notices This presentation contains statements that are not current or historical factual statements that may constitute forward- looking statements. These statements are based on certain factors and assumptions, including, expected financial performance, business prospects, technological devel
Slide 3: Route1 Snapshot
Route1 Snapshot • Bringing security and operations together with real-time actionable intelligence. - Route1 provides you with advanced data in a usable format from video capture technologies to enhance safety and security, driving greater profitability and improving operational efficiencies. - We b
Slide 4: Defining how we know that the business model direction change was successful
1. Gross profit generated by non MobiKEY activities on a Quarterly basis grows to in excess of US $1.15 mm Defining how we know that 2. Recurring LPR support contracts on an annualized basis are greater than USD $1.0 mm the business model direction We will assist you in tracking our execution agains
Slide 5: From Nov 22: Next 120 Days
From Nov 22: Next 120 Days • Operationally focused and cash flow driven - Working capital management: • Update. Being addressed in light of 2022 MobiKEY losses. Our ALPR business growth with its associated support agreements will in time strongly assist in smoothing out our monthly cash flow (no hea
Slide 6: From Nov 22: Next 120 Days
From Nov 22: Next 120 Days • Operationally focused and cash flow driven - Build the ALPR, video surveillance and rugged device sales pipeline: • Update. We were the low bidder responding to a State of New Mexico RFP for the use of fixed and mobile LPR technology by State Public Safety agencies. The
Slide 7: From Nov 22: Next 120 Days
From Nov 22: Next 120 Days • Finalize research and development - Route1’s cloud based, next generation secure, remote access offering. • Update. We hope to announce a demo client within the U.S. Department of Defense very shortly. - MobiLPR evolved to support parking use cases. Page 7
Slide 8: Other Updates
Other Updates • Funding updates - RBC facility upsized from CAD $1.050 mm to $1.225 mm in Feb-23. - The private lender promissory note being repaid in a monthly payments thru April 30, 2024. The note bears interest at 12% per annum and has a monthly repayment schedule. At December 31, 2022, the bala
Slide 9: Thank You
THANK YOU Business Update Shareholder Presentation 7300 N. Via Paseo Del Sur, Suite 202 Scottsdale, AZ 85258 Tony Busseri President and CEO