Route1 Inc. (OTCQB: ROIUF and 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 periods ended June 30, 2020.

Route1 generated net cash flow from operating activities of approximately $1.77 million during Q1 2020 compared with cash used of $0.62 million in Q1 2019. Non-cash working capital generated was $0.20 million in Q1 2020 compared to $0.39 million in cash used during the same period a year earlier. Net cash generated by the day-to-day operations for the three months ended March 31, 2020 was $0.27 million compared to $0.22 million used in Q1 2019. Route1 generated by operating activities for the three months ended June 30, 2020 was $1.77 million compared to cash generated of $0.86 million in the same period in 2019. Non-cash working capital generated was $1.35 million for the three months ended June 30, 2020 compared to $1.07 generated in the same period a year earlier. Net cash generated by the day-to-day operations for the three months ended June 30, 2020 was $0.43 million compared to $0.21 million used in the same period in 2019.

Contact:

Tel: +1 480 578-0287

Email: tony.busseri@route1.com

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