Route1 (ROI) investor relations material

Executive summary

• Q1 2026 marked a transition quarter with a focus on building operational and strategic foundations for scalable long-term growth in the parking and mobility industries.

• Revenue grew 15% year-over-year to $2.57 million in Q1 2026, driven by increased device and appliance sales.

• Operational loss narrowed significantly to ($0.05) million from ($0.40) million in Q1 2025.

• Positive operating cash flow was achieved during the quarter.

• Emphasis was placed on expanding recurring operational engagement, intelligence capabilities, and AI-assisted workflow support.

Financial highlights

• Total revenue for Q1 2026 was $2.57 million, up from $2.23 million in Q1 2025.

• Recurring technology lifecycle support revenue increased, with annualized recurring revenue reaching approximately $1.35 million as of March 31, 2026.

• Adjusted EBITDA improved to $125,000 from ($190,000) in Q1 2025.

• Gross profit reached $1.01 million, up from $909,000 year-over-year.

• Positive operating cash flow was reported.

Outlook and guidance

• Management expects significant growth in recurring revenue by the end of the current calendar year.

• Focus remains on operational intelligence expansion, recurring revenue growth, AI-assisted operations, and scalable execution.

• Legislative and operational trends are expected to support further expansion of operational intelligence offerings.

• Management sees increasing demand for operational accountability, workflow visibility, and lifecycle engagement in the parking and mobility market.