
TORONTO, ON / ACCESSWIRE / August 25, 2023 / Route1 Inc. (OTCQB:ROIUF)(TSXV:ROI) (the “Company” or “Route1”), an advanced North American provider of data-centric business empowerment solutions, today reported its financial results for the three and six month period ended June 30, 2023.Statement of operationsIn 000s of CAD dollars Q22023 Q12023 Q42022 Q32022 Q22022 Q12022Revenue Subscription and services 1,159 1,086 1,103 1,326 1,854 1,911Devices and appliances 3,026 3,486 2,279 5,519 5,251 2,781Other (1) 3 6 2 9 3Total revenue 4,184 4,575 3,388 6,847 7,114 4,695Cost of revenue 3,011 2,897 2,032 4,842 5,015 2,572Gross profit 1,173 1,678 1,356 2,005 2,099 2,123Operating expenses 1,533 1,805 1,859 1,802 1,972 2,012Operating profit 1 (360) (128) (503) 203 127 111Total other expenses 2…
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