Siyata Mobile Inc.

Earnings data Q1 2021

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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.

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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.

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

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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

VANCOUVER, BC / ACCESSWIRE / February 2, 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 Goosetown Communications (Goosetown), a division of Goosetown Enterprises, Inc., will introduce the Siyata SD7 device with its Push-to-Talk over Cellular (PoC) service TeamConnect®. "We are confident that Goosetown's customers will find the SD7 offers the convenience and technical capabilities required from a next-generation device servicing the commercial and/or public safety workforce," said Siyata CEO Marc Seelenfreund.

Goosetown Communications to Rollout Siyata SD7 Device in North America

Tessco to Distribute Uniden® Cellular Signal Boosters VANCOUVER, BC / ACCESSWIRE / January 18, 2022 / Signifi Mobile, Inc., a wholly owned subsidiary of 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 has entered into a new distribution agreement with U.S.-based TESSCO Technologies Incorporated (TESS) ("Tessco"), a leading value-added distributor of wireless communications products for network infrastructure, site support, and fixed and mobile broadband networks. Sales through this distribution agreement are expected to begin in the first quarter of 2022.

Tessco to Distribute Uniden(R) Cellular Signal Boosters

VANCOUVER, BC / ACCESSWIRE / January 11, 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 the closing of its previously announced underwritten public offering of 8,695,652 common shares (or pre-funded warrants to purchase common shares in lieu thereof) and accompanying warrants to purchase up to 8,695,652 common shares. Each common share (or pre-funded warrant in lieu thereof) was sold together with one common warrant at a combined effective offering price of $2.30.

Siyata Mobile Announces Closing of $20 Million Underwritten Public Offering

VANCOUVER, BC / ACCESSWIRE / January 6, 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, today announced the pricing of its underwritten public offering of 8,695,652 common shares (or pre-funded warrants to purchase common shares in lieu thereof) and accompanying warrants to purchase up to 8,695,652 common shares. Each common share (or pre-funded warrant in lieu thereof) is being sold together with one common warrant at a combined effective offering price of $2.30.

Siyata Mobile Announces Pricing of $20 Million Underwritten Public Offering

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Purchase order for police and first responder customers in EMEA VANCOUVER, BC / ACCESSWIRE / December 7, 2021 / 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 has received a $1.3 million purchase order primarily for police and first responder customers in the EMEA (Europe, the Middle East, and Africa) for the Company's SD7 ruggedized devices, VK7 vehicle units and other accessories. This order brings the year-to-date orders for the SD7 and VK7 to more than $1.8 million.

Siyata Mobile Receives $1.3M Purchase Order for SD7 Ruggedized Devices and Accessories

First orders for SD7 from customers in the U.S. and EMEA VANCOUVER, BC / ACCESSWIRE / December 2, 2021 / 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 has received initial orders from customers in the U.S. and in EMEA (Europe, the Middle East, and Africa) with a total value of $550,000. The extensive functionality and relatively low cost of the SD7 device allows it to be an appropriate and affordable option for both enterprise customers and primary first responders, which number two million in the U.S. alone, secondary support personnel, and those in other markets with mission critical needs.

Siyata Mobile Receives Initial Orders for SD7 Ruggedized Device

Pairing the new VK7 vehicle accessory with SD7 handset creates land mobile radio (LMR)-like in-vehicle experience VANCOUVER, BC / ACCESSWIRE / November 29, 2021 / 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 the launch of the VK7 (Vehicle Kit 7), a new and unique vehicle kit accessory that provides an in-vehicle solution designed specifically for use with the Company's SD7 device, a ruggedized, mission critical Push to Talk (MCPTT) handset. The VK7 is a first-of-its-kind, patent-pending car kit with an integrated 20-watt speaker, a simple slide-in connection sleeve for the SD7, and an external antenna connection for connecting to a windshield or roof mount antenna to allow for an in-vehicle experience for the user that is similar to that from a traditional land mobile radio (LMR) device.

Siyata Mobile Launches Unique VK7 Vehicle Kit Accessory Designed Specifically for Use with its SD7 Handset

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Proceeds to Repay and Terminate Certain Existing Convertible Notes VANCOUVER, BC / ACCESSWIRE / November 15, 2021 / 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 announces the closing of the previously announced funding agreement for gross proceeds of US$6,000,000 by Lind Global Partners II, LP, an investment fund managed by The Lind Partners, a New York based institutional fund manager (together "Lind"). The proceeds will be used to repay and terminate certain existing convertible notes.

Siyata Mobile Closes US$6 Million Investment from The Lind Partners

The stock price of Siyata Mobile Inc (NASDAQ: SYTA) increased by 82.7% today. This is why it happened.

SYTA Stock: Why The Price Surged Today

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