Siyata Mobile Inc.

Earnings data Q4 2020

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Siyata Mobile Inc. reports Q2 revenue decline, eyes growth opportunities

Siyata Mobile Inc. faces challenges with working capital constraints impacting revenue and profitability.
Despite lower Q2 2024 revenue and margins, the company anticipates strong growth in Q3 and aims for double-digit growth in 2024.
Efforts to manage expenses and enhance operational efficiency will be crucial for future financial health and sustained growth.
Addressing liquidity challenges and optimizing costs present opportunities for improving financial performance and long-term sustainability.

Siyata Mobile Inc. reports record revenue in Q3 2024

Siyata Mobile Inc. delivered exceptional revenue growth in Q3 2024, driven by strong demand for its flagship products.
While facing challenges in cost management and profitability, the company's focus on operational efficiency and new product launches presents promising opportunities.
Investors should monitor Siyata Mobile's progress towards profitability and the successful rollout of its 5G product portfolio for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Siyata Mobile, Inc. engages in the provision of cellular communications systems for enterprise customers. It specializes in connected vehicle products for professional fleets, marketed under the Uniden Cellular and Siyata brands. The firm operates through the following geographical segments: Europe, the Middle East and Africa; Unites States; Canada; and Australia and New Zealand. The company was founded by Marc Seelenfreund on October 15, 1986 and is headquartered in Montreal, Canada.

New Features Expand Applications for Loud Work Environments VANCOUVER, BC , May 23, 2024 /PRNewswire/ -- Following the press release on May 21, 2024 from Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, the Company is pleased to give further clarity on its recently introduced SD7 Wired Palm Mic Pro with AI Noise Cancellation. This innovative device, designed for use with the Company's SD7 Handset, now includes groundbreaking features that extend its functionality beyond simple noise cancellation.

Siyata Mobile Provides Additional Update on its AI-Powered PTT Device

Hundreds of additional handsets and accessories to be deployed across luxury property located in Nassau, Bahamas VANCOUVER, BC , May 22, 2024 /PRNewswire/ -- Siyata Mobile Inc.  (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced the expansion of its relationship with luxury resort property, Baha Mar Resorts located in Nassau, Bahamas. Baha Mar is now using hundreds of SD7 handsets and accessories to extend usage of the devices across the property from valet services to the beach and numerous departments in between.

Siyata Mobile Expands SD7 Rollout at Baha Mar Resort

Gross margin expands to 36.6%, up from 27.5% in the year ago period VANCOUVER, BC / ACCESSWIRE / May 16, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) (" Siyata " or the " Company "), a global vendor of Push-to-Talk over Cellular (PoC) devices announced its financial results for the three months ended March 31, 2024. Marc Seelenfreund, CEO of Siyata, said, "With revenue growth of 30%, a higher gross margin and solid improvement in Adjusted EBITDA, our first quarter financial results reflect improvement in our business and the traction we are gaining in the market.

Siyata Mobile Reports Significant 30% Year-Over-Year Revenue Growth for the First Quarter of 2024

VANCOUVER, BC VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it will release First Quarter Earnings Results after the market close today, May 15th. The full press release can be found on the Company's website at https://ir.siyata.net/press-releases/.

Siyata Mobile to Release First Quarter Earnings Results After the Market Close Today

VANCOUVER, BC / ACCESSWIRE / May 14, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it has received new orders for its SD7 handsets and related accessories valued at over $2.2 million in the aggregate. We are also pleased to announce that another leading U.S. wireless carrier has designated Siyata's SD7 handset with ‘stocked' status, further supporting sell-through of the handsets with promotions and attractive pricing options for end customers.

Siyata Mobile Announces New Orders Totaling Over $2.2 Million; SD7 Achieves ‘Stocked' Status with Third Major U.S. Wireless Carrier

VANCOUVER, British Columbia--(BUSINESS WIRE)--Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today expanded on the market opportunity for its SD7 Handset with one of the largest U.S. cellular carriers. As a follow-on to the Company's press release issued on May 13, 2024, the Company made the following statement about the market opportunity. The original press release is available o.

Siyata Mobile's Inclusion in Large U.S. Wireless Carrier's ‘Free Feature Phone for Life' Promotion Opens Massive Market Opportunity

VANCOUVER, BC / ACCESSWIRE / May 13, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that its SD7 Handset has been added to the ‘Free Feature Phone for Life' promotion from FirstNet®, Built with AT&T. Available to new activations or eligible upgrades, the promotion gives eligible customers the ability to choose a FirstNet Ready® free feature phone with either Push-to-Talk, FirstNet Rapid Response or a feature phone plan.

Siyata Mobile's SD7 Handset Added to AT&T FirstNet's ‘Free Feature Phone for Life' Promotion

VANCOUVER, BC / ACCESSWIRE / May 10, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories,today announced the closing of its previously announced public offering of $4.0 million of common shares, and/or pre-funded warrants to purchase common shares at a public offering price of $1.30 per share. The gross proceeds of the offering to the Company, before deducing placement agent fees and commissions and other offering expenses, were approximately $3.9 million (excluding proceeds to the Company, if any, that may result from the future exercise of the pre-funded warrants issued in the offering).

Siyata Mobile Announces Closing of Approximately $4.0 Million Public Offering of Common Shares and Pre-Funded Warrants

Visit Stand M41 in the Exhibition Hall to Experience Siyata's Solutions VANCOUVER, CA / ACCESSWIRE / May 9, 2024 / Siyata Mobile Inc. ( Nasdaq:SYTA ; SYTAW ) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular ("PoC") devices and cellular signal booster systems, announced today that it will attend and exhibit at Critical Communications World 2024 ("CCW") May 14-16 at the Dubai World Trade Centre in the city of Dubai, in the United Arab Emirates. Marc Seelenfreund, CEO of Siyata, commented, "Our goal is to become a global leader in mission critical PTT devices, and this conference provides us with an excellent opportunity to showcase our solutions and engage with potential new customers.

Siyata Mobile to Showcase PTT Solutions at Critical Communications World 2024 May 14-16 at Dubai World Trade Centre

VANCOUVER, BC / ACCESSWIRE / May 8, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces the pricing of its public offering of $4.0 million of common shares, and/or pre-funded warrants to purchase common shares at a public offering price of $1.30 per share. The Company intends to use the proceeds from the current offering for working capital, general corporate purposes, payments to a third-party marketing agency for services related to marketing and advertising, and future acquisition (if any).

Siyata Mobile Announces Pricing of its $4.0 Million Public Offering of Common Shares and Pre-Funded Warrants

Siyata Mobile Inc. (NASDAQ:SYTA ) Q4 2023 Earnings Conference Call April 9, 2024 8:30 AM ET Company Participants Glenn Kennedy - Vice President of International Sales Marc Seelenfreund - Chief Executive Officer Conference Call Participants Neil Cataldi - Blueprint Capital Management Operator Good morning, ladies and gentlemen, and welcome to the Siyata Mobile Q4 2023 and Full Year 2023 Earnings Call. At this time, all lines are in a listen-only mode.

Siyata Mobile Inc. (SYTA) Q4 2023 Earnings Call Transcript

Full-year 2023 Revenue of $8.2 Million, up 27% year-over-year Company to host conference call at 8:30 a.m. ET on Tuesday April 9, 2024 VANCOUVER, BC / ACCESSWIRE / April 8, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced its financial results for the three and 12 months ended December 31, 2023.

Siyata Mobile Announces Fourth Quarter and Full-Year 2023 Financial Results

Q4 2023 results to be reported after the market close on April 8 VANCOUVER, BC / ACCESSWIRE / April 5, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it will host a conference call at 8:30 a.m. ET on Tuesday, April 9 to discuss its fourth quarter and year end 2023 financial results.

Siyata Mobile to Host Fourth Quarter and Year End 2023 Financial Results Call at 8:30 a.m. ET on April 9, 2024

SD7 PTT Handsets integrated with FLORIAN®, an incident command software application VANCOUVER, BC / ACCESSWIRE / April 4, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces it has expanded its distribution in a partnership with 3AM Innovations, Inc. ("3AM Innovations"), a provider of incident command software for the public safety sector. 3AM Innovations is integrating its FLORIAN® incident command software app with Siyata's SD7 handset to enable incident commanders to effectively locate each firefighter at the scene of a fire enhancing safety and safeguarding lives.

Siyata Adds New Channel Partner with 3AM Innovations, a Software Provider for First Responders

Conglomerate to offer Siyata Mobile products externally to its enterprise customers in Middle East and internally to its subsidiaries VANCOUVER, BC / ACCESSWIRE / March 21, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces it is expanding global distribution of its Rugged PTT Handsets, and In-Vehicle Devices including its Real Time View products through a distribution agreement with a leading mobility, transportation, logistics, energy and services group based in the Middle East. Siyata CEO, Marc Seelenfreund, commented, "This organization who will now distribute Siyata products is a highly accomplished provider of groundbreaking solutions for its enterprise customers.

Siyata Further Expands Global Distribution in Agreement with Leading Mobility, Logistics and Infrastructure Conglomerate in the Middle East

Siyata Mobile (NASDAQ:SYTA) will host an exhibitor's booth at the International Wireless Communications Expo ("IWCE") 2024 in partnership with Verizon

Siyata Mobile Inc. to Showcase Portfolio at IWCE 2024

United States Cellular

VANCOUVER, BC / ACCESSWIRE / March 5, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today published a press release originally published by UScellular (NYSE:USM) on March 5, 2024. UScellular Keeps Business and Government Customers Connected with Intuitive Push-to-Talk Solution CHICAGO (March 5, 2024) - UScellular has teamed with two wireless industry innovators to create a push-to-talk (PTT) bundle for public safety, hospitality, transportation, education, utilities and logistics use cases.

Siyata Mobile SD7 Push-to-Talk Over Cellular Device Featured

LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces it has received a purchase order for 1,000 units of its UV350 all-in-one in vehicle fleet communication devices from an international EMS provider. The Company expects to deliver the units in the current, first quarter of 2024.

Siyata Mobile Receives 1000 Unit Order for UV350 Devices

Broadens scope of products offered to Hyperion Partners' end markets VANCOUVER, BC / ACCESSWIRE / February 6, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces it has expanded its alliance with Hyperion Partners ("Hyperion"), an industry-leading mobility primary agent and T-Mobile business partner, to include distribution of the Company's mission critical PoC (MCPTT) SD7 handsets and accessories. Siyata CEO, Marc Seelenfreund, commented, "Increasingly, we are expanding our distribution network to accelerate global order intake and drive growth.

Siyata Expands Alliance with Leading T-Mobile Dealer, Hyperion Partners, to Include Distribution of SD7 Handsets

EDMONTON, AB / ACCESSWIRE / February 1, 2024 / Helix Advanced Communications & Infrastructure, Inc., operating as Allcan Distributors, announces today that it has entered a partnership with Siyata Mobile (Nasdaq:SYTA)(Nasdaq:SYTAW) as it launches ChatterPTT Canada, a nationwide broadband Push to Talk service. The partnership is a result of Allcan Distributors' introduction of ChatterPTT to Canada.

Allcan Distributors Launches ChatterPTT Canada, Partners with Siyata Mobile

Partnering to equip event personnel and volunteers with turnkey communication solution VANCOUVER, BC / ACCESSWIRE / January 29, 2024 / Siyata Mobile Inc. (Nasdaq:SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces it is providing its SD7 handsets for use at the 2024 Special Olympics. The Company has partnered with ESChat, a provider of broadband Push-to-Talk (PTT) services, to provide secure PTT communications for event personnel and volunteers.

Siyata and ESChat to Support 2024 Special Olympics with Push-to-Talk (PTT) Handsets and Service

Mobility Leader, CTS Mobility, to Offer SD7 Handsets and Related Accessories VANCOUVER, BC / ACCESSWIRE / January 22, 2024 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, announces CTS Mobility, LTD, a recognized leader in the mobile communications space, is now a distributor of Siyata's mission-critical PoC (MCPTT) SD7 solution and its broad range of accessories. Siyata CEO, Marc Seelenfreund, commented, "With clients in all 50 United States and internationally and its commitment to providing best-in-class outcomes for its customers, CTS Mobility is a solid strategic fit for the distribution of our products and solutions.

Siyata Expands Dealer Network with Addition of Large Verizon Elite Partner

SD7 handsets to be deployed at U.S. university VANCOUVER, BC / ACCESSWIRE / December 20, 2023 / Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it has received an order from a top-ranked regional university located in the Midwest for its SD7 Push-to-Talk (PTT) handsets and related accessories. This is the Company's first order from a higher education institution, expanding its presence beyond local school districts in the education vertical.

Siyata Receives First Order for SD7 Handsets in Higher Education

Siyata set for success in 2024 after laying strong foundation in 2023 Siyata set for success in 2024 after laying strong foundation in 2023

A Year End Message from Marc Seelenfreund, Siyata Mobile's CEO

Siyata Mobile Inc. (Nasdaq: SYTA) received a $900,000 order for existing international Defense and EMS customers for the Company's UV350 and PTT devices

News for Siyata Mobile Inc. Stock (SYTA)