Route1 (ROI) Q4 2025 earnings summary

Executive summary

• Fiscal 2025 marked a transition to a recurring, lifecycle-based revenue model, reducing reliance on one-time projects and focusing on support, software licensing, and operational engagement.

• Early results include increased customer engagement, growth in support contracts, and demand for operational improvement capabilities.

• Introduced “Mr. Parking” to enhance operational performance and accountability within customer environments.

Financial highlights

• Q4 2025 revenue was $2.6 million, down from $3.9 million in Q4 2024, due to variability in device and project-based activity.

• Fiscal 2025 total revenue was $11.5 million, down from $15.2 million in FY 2024.

• Gross profit for FY 2025 was $4.5 million, compared to $5.3 million in FY 2024.

• Net loss for FY 2025 was $1.1 million, an improvement from a net loss of $1.3 million in FY 2024.

• Monetized employee retention credits totaling USD $549,000 in fiscal 2025.

Outlook and guidance

• Recurring support, software licensing, and services revenue are expected to represent a growing portion of total revenue, improving predictability and quality.

• Hardware revenue variability is expected to continue.

• Management will provide further operational updates following Q1 2026 results.