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$SYTA - Revenue Growth:
Siyata Mobile Inc. (Nasdaq: SYTA) has delivered exceptional financial results for the second quarter of 2023, marking a significant milestone with an impressive 180% increase in revenue year-over-year.
https://www.tgd8hjs.com/3J67C1/4XSPFTZ/
$SYTA The future for the company looks promising with a potential average revenue growth rate of 20%-22% over the next decade and consolidated gross margins potentially touching 35% by 2026
$SYTA As of June 30, 2023, Siyata had a cash balance of $2.0 million and a robust working capital of $3.7 million. The company also made strides in equity capital raising, amassing $5.85 million over two quarters, and executed a 100-1 reverse stock split.
$SYTA Potential Low-Float Special Situation: https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia&utm_medium=affiliate&utm_campaign=syta_us&_ef_transaction_id=0528be4c8bde4a8c936b21debde84833
Siyata Mobile Inc. (Nasdaq: SYTA) has unveiled a strategic reverse stock split, a move that not only reshapes its stock configuration but also sets the stage for a potential low-float situation with intriguing possibilities. The company's decision to implement a 1-for-100 reverse stock split for its common shares has sparked curiosity among those observing the market.
$SYTA time to load up, huge year for the company! Siyata Mobile (SYTA) Q2 2023 Performance Highlights Robust Growth and Operational Efficiency $SYTA https://www.benzinga.com/pressreleases/23/08/33980400/siyata-mobile-syta-q2-2023-performance-highlights-robust-growth-and-operational-efficiency via @Benzinga
**EBITDA & Net Loss**: Adjusted EBITDA stood at ($2.0) million, showing signs of recovery from the ($3.4) million of the previous year. The net loss was reduced to ($2.3) million from ($4.3) million in Q2 2022.
$SYTA
$SYTA **Financial Position**: As of June 30, 2023, Siyata had a cash balance of $2.0 million and a robust working capital of $3.7 million. The company also made strides in equity capital raising, amassing $5.85 million over two quarters, and executed a 100-1 reverse stock split.
$SYTA BID and ASK in a tight range with some nice movement today...
On August 14th, Siyata Mobile (NASDAQ:SYTA) reported its Q2 2023 financial results, painting an optimistic picture of the company's trajectory. The rugged handset business, spearheaded by the SD7, displayed a notable growth rate in sales, paving the way for a potential market dominion in the upcoming quarters.
$SYTA @SiyataMobile (SYTA) Q2 2023 Performance Highlights Robust Growth and Operational Efficiency https://www.marketscreener.com/quote/stock/SIYATA-MOBILE-INC-114201726/news/Siyata-Mobile-SYTA-Q2-2023-Performance-Highlights-Robust-Growth-and-Operational-Efficiency-44668426/
$SYTA 5 Reasons why Siyata Mobile Inc. (Nasdaq: SYTA) is Poised for Significant Upside Potential in 2023. https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia
$SYTA ▶️ Revenue of $2.7 million, up 180% year-over-year and 50% sequentially
Siyata Mobile Announces 180% Increase in Revenue for Second Quarter 2023
Release: https://hubs.li/Q01--V4Y0
$SYTA MarketScreener August 22, 2023
Siyata Mobile (SYTA) Q2 2023 Performance Highlights Robust Growth and Operational Efficiency
https://www.marketscreener.com/quote/stock/SIYATA-MOBILE-INC-114201726/news/Siyata-Mobile-SYTA-Q2-2023-Performance-Highlights-Robust-Growth-and-Operational-Efficiency-44668426/
$SYTA See why now could be the best time to start your research on Siyata Mobile Inc. (Nasdaq: SYTA) https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia&utm_medium=affiliate&utm_campaign=syta_us&_ef_transaction_id=0528be4c8bde4a8c936b21debde84833
Revenues were $2.7 million compared to $970,000 for the three months ended June 30, 2022. This increase of $1.7 million, or 180%, was due mainly to sales of the SD7 in Q2 2023 of $1.9 million. $SYTA
Very nice Quarterly...
$SYTA - Reverse-Split Triggers Potential Low-Float Situation for Little-Known Company with Strong Ties to T-Mobile, Verizon, and AT&T
https://www.tgd8hjs.com/3J67C1/4XSPFTZ/
$SYTA Siyata Mobile Announces 180% Increase in Revenue for Second Quarter 2023
Revenue of $2.7 million, up 180% year-over-year and 50% sequentially
The company has a good amount of money for operation...
As of June 30, 2023, the company had cash balances of $2.0 million and working capital of $3.7 million. There was $719,623 of outstanding debt which was a factoring line of credit related to outstanding receivables. The company raised $3.6 million in equity capital during the 1st quarter due to the exercise of 18.0 million outstanding warrants.
$SYTA
$SYTA In the upcoming weeks, all eyes could be on Siyata Mobile Inc. (Nasdaq: SYTA) as the reverberations of the Reverse Stock Split make their way through the market. https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia&utm_medium=affiliate&utm_campaign=syta_us&_ef_transaction_id=0528be4c8bde4a8c936b21debde84833
PTT solutions offer instant communication capabilities that are crucial in various industries and sectors, particularly for public safety and law enforcement authorities. PTT technology provides robust network coverage, high-quality audio support, and reliability, making it ideal for emergency response and mission-critical operations. Moreover, PTT solutions eliminate the need for extensive infrastructure, such as radio towers and repeaters, reducing capital expenditure.
$SYTA
$SYTA - Growing Momentum:
Siyata Mobile Inc. (NASDAQ: SYTA) has achieved a groundbreaking milestone with the recent announcement of a record-breaking $1.4 million SD7 order from a major U.S. wireless carrier.
https://www.tgd8hjs.com/3J67C1/4XSPFTZ/
The Push-to-Talk (PTT) Market: An Overview of Size and Growth Potential(9)
According to a report by Adroit Market Research, the global PTT market is anticipated to achieve a remarkable value of USD 59.81 billion by 2030, growing at a positive compound annual growth rate (CAGR) of 8.9%. The market’s rapid expansion can be attributed to various factors, including the introduction of 5G networks, which are expected to revolutionize PTT operations by offering enhanced speed, reliability, and connectivity. SYTA
That is almost unheard of. SYTA
They are hidden gems SYTA
The company has delivered exceptional financial results for the second quarter of 2023, marking a significant milestone with an impressive 180% increase in revenue year-over-year. This impressive performance highlights the company's ability to capitalize on market opportunities and reinforces its position as a leading player in the industry. https://www.tgd8hjs.com/3J67C1/4XSPFTZ/
$SYTA
Siyata Mobile Inc. (Nasdaq: SYTA) has unveiled a strategic reverse stock split, a move that not only reshapes its stock configuration but also sets the stage for a potential low-float situation with intriguing possibilities. The company's decision to implement a 1-for-100 reverse stock split for its common shares has sparked curiosity among those observing the market.
$SYTA Nano-cap stocks may be overlooked by the market, as they often receive little attention from analysts and institutions. This can provide excellent research opportunities for individuals who are seeking to discover hidden gems. These small and often little-known companies may bring major improvements to existing products and services as well as introducing new products, using innovation to accelerate growth. https://t.co/MRKslIyAFA
$SYTA According to FinViz.com, Siyata Mobile Inc. (Nasdaq: SYTA) has a market cap of less than $7.3 million as of 8/9/2023
Growing Momentum:
Siyata Mobile Inc. (NASDAQ: SYTA) has achieved a groundbreaking milestone with the recent announcement of a record-breaking $1.4 million SD7 order from a major U.S. wireless carrier. This significant order not only demonstrates Siyata Mobile's growing influence in the industry but also solidifies its position as a trusted provider of cutting-edge communication solutions
$SYTA Siyata Mobile Inc. (Nasdaq: SYTA) has less than 1.7 million shares available in its float (as of 8/9/23) according to FinViz.com.(50) A low-float stock can make significant moves due to volatility from so few shares being available(3), so this could be one interesting situation to watch closely.
Implemented on 8/9/2023, the Reverse Stock Split signifies a significant shift for Siyata Mobile Inc. (Nasdaq: SYTA). This strategic step consolidates every 100 existing shares of the company’s Common Share into one new, issued, and outstanding share. While the primary intention was tied to compliance, this maneuver could also hold the promise of creating an extremely low-float situation. $SYTA
$SYTA Siyata Mobile Inc. (Nasdaq: SYTA) has recently unveiled a strategic reverse stock split, a move that not only reshapes its stock configuration but also sets the stage for a potential low-float scenario with intriguing possibilities. The company’s decision to implement a 1-for-100 reverse stock split for its common shares has sparked curiosity among those observing the market, as it has resulted in an extremely low float situation.
Expanding Carrier Partnerships:
Siyata Mobile Inc. (NASDAQ: SYTA) accelerates growth with major carrier partnerships, including Verizon, AT&T, T-Mobile, and US Cellular. Now, with the addition of KPN Royal Dutch Telecom ("KPN") as a channel partner, Siyata Mobile Inc. gains access to a broader enterprise customer base and first responder networks. With these partnerships, reaching a combined existing base of over 456 million subscribers, Siyata Mobile Inc. is poised for significant growth as they introduce their game-changing Push-to-Talk over Cellular devices.
$SYTA Expanding Carrier Partnerships:
Siyata Mobile Inc. (NASDAQ: SYTA) https://www.tgd8hjs.com/3J67C1/4XSPFTZ/
One of the primary growth drivers of the PTT market is the increasing popularity of Push-to-Talk over Cellular (PoC) solutions. PoC technology enables two-way wireless device communication and allows users to use their mobile phones as walkie-talkies with unlimited range. It offers advanced features such as GPS, auto-pairing, mobile workforce management, and IP-based interoperability, making it a preferred choice for businesses and organizations.
$SYTA
Very interesting reverse split... We should see why shortly.
$SYTA
$SYTA Siyata Mobile Inc. Announces Participation at APCO 2023 https://finance.yahoo.com/news/siyata-mobile-inc-announces-participation-120000166.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
I agree. Technicals look good for $SYTA
Siyata Mobile Inc. (Nasdaq: SYTA)—a company leading the way in PTT innovation.
The Push-to-Talk (PTT) Market: An Overview of Size and Growth Potential(9)
According to a report by Adroit Market Research, the global PTT market is anticipated to achieve a remarkable value of USD 59.81 billion by 2030, growing at a positive compound annual growth rate (CAGR) of 8.9%. The market’s rapid expansion can be attributed to various factors, including the introduction of 5G networks, which are expected to revolutionize PTT operations by offering enhanced speed, reliability, and connectivity.
Growth in the PoC Industry:
Siyata Mobile Inc. (Nasdaq: SYTA) is targeting the growing Push-to-Talk over Cellular (PoC) industry, which offers advantages over traditional land mobile radio systems, including expanded coverage, high functionality, and low startup and operating costs. The global push-to-talk (PTT) market, which includes Push-to-Talk over Cellular (PoC) solutions, is projected to grow at a positive compound annual growth rate (CAGR) of 8.9%, reaching an estimated valuation of US $59.81 billion by 2030.
$SYTA Siyata Mobile Inc. (Nasdaq: SYTA) has delivered exceptional financial results for the second quarter of 2023, marking a significant milestone with an impressive 180% increase in revenue year-over-year. This impressive performance highlights the company's ability to capitalize on market opportunities and reinforces its position as a leading player in the industry.
https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia&utm_medium=affiliate&utm_campaign=syta_us&_ef_transaction_id=0528be4c8bde4a8c936b21debde84833
$SYTA 5 Reasons why Siyata Mobile Inc. (Nasdaq: SYTA) is Poised for Significant Upside Potential in 2023.
https://technologystockperiodical.com/next-generation-cellular-technology/?utm_source=bullzeyemedia
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