Route1
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Route1's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $17,577,817. The net income raised on -$1,282,937 and profit margin reached -7%. Total operating expenses were $6,512,513.

Profit Margin

Route1 Inc. (TSX:ROI.V): Profit margin
2014 6.07M 637.00K 10.48%
2015 6.39M 728.09K 11.38%
2016 7.44M 329.74K 4.43%
2017 6.07M -609.99K -10.05%
2018 26.23M -434.34K -1.66%
2019 24.00M -554.17K -2.31%
2020 29.70M -1.70M -5.75%
2021 27.27M 222.20K 0.81%
2022 22.04M -1.71M -7.79%
2023 17.57M -1.28M -7.3%

ROI.V Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
17.57M22.04M27.27M29.70M24.00M26.23M6.07M7.44M6.39M6.07M
Cost of revenue
11.70M14.46M16.44M18.63M14.97M18.73M1.32M1.47M1.16M1.14M
Gross profit
5.87M7.58M10.82M11.07M9.03M7.49M4.74M5.97M5.23M4.93M
Operating exp.
Research and development
146.55K693.03K905.86K763.31K609.46K730.56K970.04K1.18M976.24K914.43K
Selling and marketing
1.26M1.74M2.97M3.48M3.30M2.08M864.30K939.67K671.15K727.22K
Total operating expenses
6.51M7.88M10.37M10.43M8.53M7.03M5.00M5.59M4.92M4.52M
Operating income
-637.52K-376.9K593.39K-16.78K232.90K-7.03M-526.06K317.51K308.08K410.33K
Other income (expenses), net
-602.55K-242.00K-382.96K-2.35M-1.46M-896.72K-354.30K-44.31K-155.45K60.07K
Income before tax
-1.24M-618.90K210.42K-1.71M-1.22M-434.34K-609.99K329.74K152.63K470.40K
Income tax expense
42.85K1.09M-11.78K-3.43K-673.15K1.79M708.60K88.37K-575.46K-166.59K
Net income
-1.28M-1.71M222.20K-1.70M-554.17K-434.34K-609.99K329.74K728.09K637.00K
Earnings per share
Basic EPS
-0.03-0.040.00-0.04-0.01-0.01-0.010.000.010.01
Diluted EPS
-0.03-0.040.00-0.04-0.01-0.01-0.010.000.010.01