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Toronto , Canada , August 25 , 2021 - 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 , 2021 . Statement of operations In 000s of CAD dollars Revenue The Company's operating results for Q2 2021 with comparatives are as follows : Subscription and services Devices and appliances Other Total revenue Cost of revenue Gross profit Route1 Announces Q2 2021 Financial Results Operating expenses Operating profit ¹ Patent litigation ² Total other expenses ³ Net income ( loss ) ROUTE DRIVING DATA FORWARD Subscription and services revenue in 000s of CAD dollars Application software Technology as a service ( TaaS ) Other services Total Q2 2021 2,671 3,663 4 6,338 3,443 2,895 2,451 444 0 ( 17 ) 461 Q2 2021 Q1 2021 1,724 435 512 2,671 2,758 3,786 67 6,611 3,647 2,964 2,542 422 0 284 138 Q4 2020 Q1 2021 2,528 4,637 62 7,227 4,315 2,912 2,469 443 1,058 321 ( 936 ) Q3 2020 Q4 2020 2,599 2,489 6,523 4,477 25 3 9,147 6,134 3,013 2,562 451 381 598 ( 528 ) Q2 2020 1 Before stock - based compensation 2 For FY 2020 , the Company incurred expenses for patent litigation net of the reversal of an accounting liability reflecting the funds the Company received from its litigation funding agreement . The Company has concluded the litigation with VMWare in both Canada and the United States and will incur no additional expense for this litigation . 3 Includes gain on litigation , gain or loss on asset disposal , stock - based compensation expense , interest expense , income tax recovery , foreign exchange loss or gain , other expenses and acquisition expense . Q3 2020 6,969 4,188 2,781 2,570 Q1 2020 Q2 2020 1,958 4,401 4 211 32 67 104 204 111 ( 60 ) ( 183 ) 1,977 2,015 1,923 1,665 293 204 241 315 488 309 435 509 2,758 2,528 2,599 2,489 6,363 3,997 2,366 2,334 Q1 2020 1,217 321 420 1,958 1