Siyata Mobile Inc.

Earnings data Q4 2020

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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.

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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.

VANCOUVER, BC / ACCESSWIRE / September 1, 2022 / 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, today announced that the Company had received a notification letter dated August 26, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's common shares, no par value per share ("Common Shares"), was below $1.00 per share for a period of 30 consecutive business days.

Siyata Mobile Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Inflection Point for Q3 2022 Sales VANCOUVER, BC / ACCESSWIRE / August 30, 2022 / 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, announces that it is in the process of ramping up sales of its next-generation MCPTT (mission critical push-to-talk) SD7 device, as well as the VK7 and Rapid Kit companion devices to numerous customers across multiple verticals including private security firms, police, emergency medical services (EMS), National Guard, school districts, hospitals/health clinics, a major theme park and others. In addition, demos have started or are about to begin with a defense contractor, several state patrols and various government agencies.

Siyata Mobile Announces Significant Ramp Up for SD7 Devices and Accessories Across Multiple Verticals

Q2 2022 revenue of $970k up 172% year-over-year, and adjusted EBITDA and Net Losses lower year-over-year Major North American carrier and international distributor agreements signed in Q2 2022 and subsequent to quarter end are driving accelerated sales growth of new rugged SD7 push-to-talk device and accessories Company to host conference call on Friday, August 19, at 8:00 a.m. ET VANCOUVER, BC / ACCESSWIRE / August 18, 2022 / 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 unaudited financial results for the three months ended June 30, 2022.

Siyata Mobile Announces Second Quarter 2022 Financial Results

FirstNet® and Verizon Communications Inc. booths to showcase Siyata's next-generation SD7 device APCO 2022 will be held August 7 - 10 in Anaheim, California APCO International is the world's oldest and largest organization of public safety communications professionals VANCOUVER, BC / ACCESSWIRE / August 1, 2022 / 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, announces it will showcase its SD7 rugged mission-critical push-to-talk over cellular (PoC) device with companion VK7 in-vehicle kit, and a full suite of cellular boosters at the APCO (Association of Public-Safety Communications Officials) International Conference held on August 7 - 10 in Anaheim, California. APCO International is the world's oldest and largest organization of public safety communications professionals, supports the largest U.S. membership base of any public safety association, and serves the needs of public safety communications practitioners worldwide.

Siyata to Showcase its Mission-Critical Push-to-Talk Over Cellular SD7 Device at APCO International Conference

VANCOUVER, BC / ACCESSWIRE / July 28, 2022 / 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, is pleased to announce the Company's SD7 rugged push-to-talk over cellular (PoC) devices were used to provide critical emergency communications services for the World Athletics Championships "Oregon22" ("WHC Oregon22") summer games hosted for the very first time in the United States in Eugene, Oregon. An estimated 55,000 visitors attended the marquee international track-and-field event at the University of Oregon's Hayward Field.

Siyata's Devices Provide Critical Emergency Communications Services for the World Athletics Championships Oregon22

VANCOUVER, BC / ACCESSWIRE / July 26, 2022 / 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, announces its SD7 rugged mission-critical push-to-talk (MCPTT) device is now available for customers who need the integrated industry-leading PTT solutions from TASSTA, a global MCPTT software provider and end-to-end solution for critical communications. "Siyata SD7 ruggedized PTT device has been fully integrated by our TASSTA Quality Assurance team," commented Kaveh Hosseinzadeh, General Manager of TASSTA.

Siyata's Mission-Critical Push-to-Talk (PTT) Over Cellular SD7 Device Now Available with TASSTA's Industry-Leading PTT Solutions

Azetti is a leading provider of competitive carrier-grade platforms and services for mobile operators in Europe and Latin America Siyata's SD7 will be sold through existing Azetti sales channels VANCOUVER, BC / ACCESSWIRE / July 18, 2022 / 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, is pleased to announce an agreement with Spain's WIRELESS ZETA TELECOMUNICACIONES, S.L. ("Azetti") to offer the Company's SD7 rugged mission-critical push-to-talk (MCPTT) device through Azetti's existing enterprise sales channels.

Siyata Accelerates Global Rollout of its Next Generation Push-to-Talk Over Cellular SD7 Device through Agreement with Azetti Networks

New Siyata HPUE antenna designed for use with the AW12-Mega-Mobile HPUE modem from Assured Wireless HPUE technology provides superior range, coverage, penetration and capacity when used on the FirstNet ® network VANCOUVER, BC / ACCESSWIRE / July 14, 2022 / 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, is pleased to announce it is launching a new product, a Siyata High Power User Equipment (HPUE) antenna, in conjunction with Assured Wireless Corporation ("Assured Wireless"). This unique solution is designed to be used specifically on FirstNet® that leverages 700 MHz Band 14 - the only U.S. spectrum where the highest-power HPUE equipment can be used.

Siyata Mobile Announces New Product Launch of High Power User Equipment (HPUE) Antenna with Assured Wireless

Integrated with ChatterPTT, SD7 Delivers Instant Push-to-Talk Over Cellular (PoC) to Improve Enterprise Communications VANCOUVER, BC / ACCESSWIRE / July 13, 2022 / 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, announces Logic Wireless Europe Ltd. ("Logic Wireless"), a leading distributor of business-critical communication solutions across the United Kingdom, Australia, New Zealand and the Pacific Islands, will introduce the Siyata SD7 rugged PoC device integrated with ChatterPTT.

Logic Wireless and Siyata Mobile Launch Next Generation Push-to-Talk Over Cellular SD7 Device in the United Kingdom, Australia, New Zealand and the Pacific Islands

United States Cellular

This press release corrects a misspelling in the headline Industry Changing PoC Device Offers a Far Superior Solution to Competitive Land Based Radio Technologies SD7 Targets the Multi-Billion Dollar First Responder and Enterprise Personnel Market UScellular™ is the Fourth Largest Wireless Carrier in the United States with 4.8 Million Customers VANCOUVER, BC / ACCESSWIRE / July 6, 2022 / 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, is pleased to announce that United States Cellular Corporation (NYSE: USM, or "UScellular™"), the fourth largest wireless carrier in the U.S. with 4.8 million retail connections in 21 states, will launch Siyata's rugged SD7 device onto their network. We expect UScellular™ will commence selling the SD7 to their broad enterprise customer base beginning this quarter.

CORRECTION: UScellular(TM) to Launch Siyata's Next Generation Push-to-Talk Over Cellular SD7 Device Across Their Network

Industry Changing PoC Device Offers a Far Superior Solution to Competitive Land Based Radio Technologies SD7 Targets the Multi-Billion Dollar First Responder and Enterprise Personnel Market UScellular™ is the Fourth Largest Wireless Carrier in the United States with 4.8 Million Customers VANCOUVER, BC / ACCESSWIRE / July 6, 2022 / 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, is pleased to announce that United States Cellular Corporation (NYSE: USM, or "UScellular™"), the fourth largest wireless carrier in the U.S. with 4.8 million retail connections in 21 states, will launch Siyata's rugged SD7 device onto their network. We expect UScellular™ will commence selling the SD7 to their broad enterprise customer base beginning this quarter.

UScellula(TM) to Launch Siyata's Next Generation Push-to-Talk Over Cellular SD7 Device Across Their Network

The SD7 is ideally suited for AT&T's enterprise customers who require a rugged device that offers superior coverage, improved functionality and low start-up and operating costs AT&T serviced 201.8 million mobility subscribers, as of the end of the fourth quarter of 2021 VANCOUVER, BC / ACCESSWIRE / June 27, 2022 / 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, is pleased to announce that the SD7 rugged device is now commercially available on and will be sold through the FirstNet® network and to AT&T Inc.'s ("AT&T") enterprise channels. AT&T is one of America's largest mobile operators with 201.8 million mobility subscribers, as of Q4 2021.

Siyata's Next Generation Push-to-Talk Over Cellular SD7 Device is Now Commercially Available and Sold Through FirstNet(R) and AT&T Inc.

SD7 Rapid Kit is ideal for emergency situations such as for first responders, hospitals, schools and more, who may require rapid deployment of SD7 Push-to-Talk over Cellular devices in emergency situations VANCOUVER, BC / ACCESSWIRE / June 16, 2022 / Siyata Mobile Inc. ( NASDAQ: SYTA , SYTA) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, today announced the launch of the SD7 Rapid Kit, a new and unique portable kit accessory that provides an in-field remote charging solution designed specifically for use with the Company's SD7 device, a ruggedized, mission critical PoC handset. "This launch demonstrates our continued commitment to deliver innovation for emergency situations with products that are specifically designed to meet their needs," said Siyata CEO Marc Seelenfreund.

Siyata Mobile Launches New SD7 Rapid Kit Accessory Designed to Provide Rapid Deployment and In-Field Remote Charging Solution

NEW YORK, NY / ACCESSWIRE / June 8, 2022 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid cap publicly traded companies recently issued a new C-Level interview with Siyata Mobile. Mark Roberts, Senior Editor at Traders News Source had the opportunity to conduct the interview featuring Marc Seelenfreund Founder and CEO of Siyata Mobile.

Traders News Source Editor, Mark Roberts Interviews Marc Seelenfreund Founder and CEO of Siyata Mobile

Next generation push-to-talk over cellular SD7 device offers a far superior solution to competitive land-based radio technologies SD7 targets the multi-billion-dollar first responder and enterprise markets Verizon is the largest wireless carrier in the United States with 143.0 million customers VANCOUVER, BC / ACCESSWIRE / June 7, 2022 / Siyata Mobile Inc. ( NASDAQ:SYTA ) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, is pleased to announce that Verizon Communications Inc. ("Verizon"), the largest mobile operator in the U.S. with 143.0 million total retail connections as of Q1 2022, has fully integrated Siyata's rugged SD7 device into their network. As a Siyata channel partner, Verizon will sell the SD7 to their broad enterprise customer base as well as their first responder network of 4.5 million connections with over 30,000 public-safety agencies.

Siyata Launches Next Generation Push-to-Talk Over Cellular SD7 Device on Verizon Global Network

VANCOUVER, BC / ACCESSWIRE / May 26, 2022 / Siyata Mobile (NASDAQ:SYTA),a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, today announced that an interview with CEO Marc Seelenfreund will air on The RedChip Money Report® on Bloomberg TV, this Saturday, May 28th, at 7 p.m. Eastern Time (ET).

Siyata Mobile Interview To Air On Bloomberg U.S. On The Redchip Money Report(R)

Emerging Markets Report: Details, Details

Q1 revenue negatively impacted due to transition from legacy product sales cycle to new product lines Subsequent to quarter end, Siyata received a $2.2 million purchase order for a Tier 1 US wireless operator for SD7, VK7 and various accessories VANCOUVER, BC / ACCESSWIRE / May 16, 2022 / 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 its financial results for the three months ended March 31, 2022. Subsequent to quarter end, the Company received a $2.2 million purchase order for a Tier 1 US wireless operator.

Siyata Mobile Announces First Quarter 2022 Financial Results

VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Conifex Timber (TSX:CFF) announces Q1 2022 results Conifex Timber (CFF) reported results for the first quarter ended March 31, 2022.

The Power Play by The Market Herald Releases New Interviews with Conifex Timber, Siyata Mobile, WestCann Holdings, Marvel, and Trillion Energy

Emerging Markets Report: The Tipping Point

SD7 Ruggedized Devices and Accessories Certified and Approved for use on FirstNet®, Built with AT&T VANCOUVER, BC / ACCESSWIRE / May 3, 2022 / 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, is pleased to announce that its SD7 ruggedized device is now certified and approved for use on FirstNet ® . The SD7 is now FirstNet Ready ® , which means first responders can use it to tap into specialized capabilities designed to meet their needs on FirstNet ®.

Siyata Mobile Delivers FirstNet Ready(R) SD7 Device for Public Safety

VANCOUVER, BC / ACCESSWIRE / April 28, 2022 / 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 its financial results for the three and twelve months ended December 31, 2021. All amounts are in US dollars unless otherwise indicated.

Siyata Mobile Announces Fourth Quarter and Year-End 2021 Financial Results

Siyata Mobile Makes Lifesaving Connections

Emerging Markets Report: The Lifeline

VANCOUVER, BC / ACCESSWIREW / March 16, 2022 / Siyata Mobile Inc. (NASDAQ:SYTA) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced today that it has been invited to present at the 2022 Virtual Growth Conference, presented by Maxim Group LLC and hosted by M-Vest, on March 28th - 30th from 9:00 a.m. - 5:00 p.m.

Siyata Mobile to Participate in the 2022 Virtual Growth Conference Presented by Maxim Group LLC and hosted by M-Vest on March 28th - 30th from 9:00 a.m. - 5:00 p.m.

VANCOUVER, BC / ACCESSWIRE / February 7, 2022 / Siyata Mobile Inc. (NASDAQ:SYTA) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, is pleased to announce that it has received $750,000 in purchase orders from an emergency medical service provider and an international defense contractor both located in the European, Middle Eastern and African (EMEA) region with its handheld rugged Push-to-Talk (PTT) devices. Siyata's rugged devices are designed for enterprise users who require a sturdy, reliable, and cost-effective device they can use in the field with applications to improve communication, employee safety and enterprise efficiencies.

Siyata Mobile Receives $750,000 USD in Purchase Orders to Equip An EMS and An International Defense Contractor in the EMEA Region with its Rugged Handsets

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