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.

Global introduction of SD7 device expected in 2H21 to address mission critical communication needs VANCOUVER, BC / ACCESSWIRE / August 5, 2021 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces that it will unveil its first handset into North America, a new MCPTT (Mission Critical Push-To-Talk) device, the SD7, and associated accessories at the APCO (Association of Public-Safety Communications Officials) International Conference held on August 15 - 18 in San Antonio, TX. 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 Mobile to Unveil New Mission Critical Push-To-Talk Device at APCO International Conference Held on August 15 - 18

VANCOUVER, British Columbia, July 02, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NASDAQ: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announced its financial results for the twelve months ended December 31, 2020 and for the three months ended March 31, 2021. All amounts are in U.S. dollars unless otherwise indicated.

Siyata Mobile Announces Year-End 2020 and First Quarter 2021 Financial Results (**UPDATED TO REFLECT RECONCILIATION OF ADJUSTED EBITDA**)

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NASDAQ: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, today announces it has received purchase orders from various First Responder and Enterprise customers that together total USD $1.6 million. These purchase orders are for multiple Siyata devices, including the Uniden® UV350, the Company's flagship device, the Uniden® UV350 Desktop Dispatch Unit (DDU), and the Uniden® UR5 and UR7, the Company's rugged Push-To-Talk handsets.

Siyata Mobile Receives USD $1.6 Million in First Responder Purchase Orders

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NASDAQ: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announced its financial results for the three and twelve months ended December 31, 2020 and for the three months ended March 31, 2021. All amounts are in US dollars unless otherwise indicated.

Siyata Mobile Announces Fourth Quarter and Year-End 2020 and First Quarter 2021 Financial Results and Conference Call

VANCOUVER, British Columbia, May 19, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( Nasdaq: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces today that, on May 18, 2021, it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the “Form 20-F”) for the fiscal year ended December 31, 2020, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission.

Siyata Mobile Receives Nasdaq Notice Relating to its Delayed Annual Report on Form 20-F Filing

VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( Nasdaq: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces that it has delayed the release of Q4 2020 and Q1 2021 financial results that were scheduled to be released on Monday, May 17, 2021 after the market close. It has also delayed the associated earnings call originally scheduled for Tuesday, May 18, 2021 at 8:30 a.m. ET / 5:30 a.m. PT.

Siyata Mobile Delays Release of Q4 2020 and Q1 2021 Financial Results

Siyata to also attend Benzinga Global Small Cap Conference on Friday, May 14 and the Q2 Virtual Investor Summit on Monday, May 17 Siyata to also attend Benzinga Global Small Cap Conference on Friday, May 14 and the Q2 Virtual Investor Summit on Monday, May 17

Siyata Mobile to Report Q4 2020 and Q1 2021 Financial Results on Monday, May 17, 2021 and Host Earnings Conference Call

VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”) wishes to clarify information related to the cease trade order (“CTO”) issued by the British Columbia Securities Commission (“BCSC”) on April 8, 2021, due to a financial reporting discrepancy on filing deadlines (Citation: “2021 BCSECCOM 140”, link here ).

Siyata Mobile Issues Clarification Statement

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( Nasdaq: SYTA, SYTAW ) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, is pleased to announce it has closed its previously announced acquisition, through a wholly-owned subsidiary, of all the issued and outstanding shares of ClearRF, LLC (ClearRF), for a total purchase price of US$700,000 with a combination of cash and shares.

Siyata Mobile Announces Closing of Acquisition of ClearRF, LLC

Acquisition immediately synergistic to Siyata's growing North American cellular booster business with additional expansion to U.S. manufacturing, providing potential critical access to U.S. military and defense contracts Acquisition immediately synergistic to Siyata's growing North American cellular booster business with additional expansion to U.S. manufacturing, providing potential critical access to U.S. military and defense contracts

Siyata Mobile Announces Strategic Acquisition of ClearRF, LLC

First Responders and government agencies in North America and international markets to be offered an innovative and fully ruggedized MCPTT device First Responders and government agencies in North America and international markets to be offered an innovative and fully ruggedized MCPTT device

Siyata Mobile Developing New Breed of First Responder Mission Critical Push to Talk Handsets Built with Softil's MCX Enabling Technology

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( Nasdaq: SYTA, SYTAW ) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, today announces the appointment of Peter Goldstein, currently a Siyata Board member, as the Chairman of its Board of Directors. In addition, Luisa Ingargiola, who has extensive experience on public company boards and in the capital markets, has been appointed to the Board of Directors effective as of the shareholders meeting on February 23, 2021.

Siyata Mobile Appoints Peter Goldstein as Chairman and Adds Seasoned Public Company Executive Luisa Ingargiola to Board of Directors

VANCOUVER, British Columbia, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( Nasdaq: SYTA, SYTAW ) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, is pleased to announce it has received a US$1.4M purchase order to supply first responders with rugged handset devices. The order will be fulfilled in the beginning of Q1 this year and continue throughout 2021. Siyata's rugged handsets are designed to be “rugged and ready” for enterprise users who require a reliable Push-to-Talk over Cellular device in demanding environments.

Siyata Mobile Receives US$1.4M Purchase Order to Equip First Responders with its Rugged Handset Devices

VANCOUVER, British Columbia, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NasdaqCM : SYTA, SYTAW ) announced it has recently received a third purchase order for USD $550,000 for Siyata's UV350 in-vehicle IoT (internet-of-things) device from a cellular carrier in the Gulf region to supply first responders. Siyata Mobile expects this order to be fully delivered during Q1 of this year.

Siyata Mobile Receives USD $550k Purchase Order for UV350 to Supply First Responders

VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NasdaqCM : SYTA, SYTAW ) announces that its Annual General Meeting of shareholders, which was convened in Vancouver yesterday, was adjourned due to the Company's new quorum requirements for the Meeting not having been met. The Meeting has been adjourned until February 23, 2021. Further details on the submission of proxies for the adjourned Meeting will be sent to the Company's shareholders in accordance with applicable regulatory requirements. Proxies received up until the initial proxy cut-off time for the Meeting were overwhelmingly in favour of all resolutions put forward to the Company's shareholders.

Siyata Mobile Inc. Annual General Meeting

VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. ( NasdaqCM : SYTA, SYTAW ) (“Siyata” or the “Company”) is pleased to announce it has received a purchase order of USD $1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier.

Siyata Mobile Receives USD $1.6M Purchase Order for Tier 1 U.S. Cellular Carrier

News for Siyata Mobile Inc. Stock (SYTA)