City of Lancaster, Ohio Integrates Solution into Day-to-Day Utility Operations VANCOUVER, BC, May 28, 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 that it has received an order from the City of Lancaster Public Utilities Department for its SD7 Push-to-Talk (PTT) handsets, VK7 Vehicle Kits and related accessories. The department provides utilities for the r ...

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 ...

Marc Seelenfreund, CEO of Siyata, commented, "We delivered the Baha Mar Resort its first SD7 handsets and accessories more than a year ago to replace two-way radios used primarily by the resort's security team. Given the success they are experiencing, they have ordered additional units to be deployed across the property for use by staff in valet and bellman services, engineering, the water park, beach, pool, lobbies and other public areas. The Baha Mar Resort is an upscale, luxury resort property that deliv ...

Financial Data and Key Metrics Changes - For Q4 2023, total revenue was $1.9 million, a decrease from $2.1 million in Q4 2022, primarily due to increased sales of the SD7 handset and accessories, offset by decreased booster sales [44] - For the full year 2023, total revenue was $8.2 million, up from $6.5 million in 2022, representing a 27% increase [47] - Gross margin dollars increased to $2.7 million in 2023 from $1.4 million in 2022, a 91% increase, with gross margin percentage rising to 32.3% from 21.4% [28] - Adjusted EBITDA for Q4 2023 was negative $2.3 million, an improvement from negative $5 million in Q4 2022 [46] Business Line Data and Key Metrics Changes - Rugged device sales in 2023 reached $6 million, compared to $3.9 million in 2022, an increase of approximately $2.1 million due to higher sales of the SD7 handset and accessories [45] - The company is experiencing increasing demand for its in-vehicle devices, with a notable order of 1,000 units of the UV350 for an international EMS customer [34] Market Data and Key Metrics Changes - Revenue from the U.S. accounted for 67% of total revenue in 2023, up from 59% in 2022 [45] - The company is expanding its distribution internationally, with sales in Canada, Europe, Australia, and the Middle East [24] Company Strategy and Development Direction - The company aims to grow its revenue aggressively in 2024 and reach breakeven status in the coming quarters [31] - Siyata is focusing on transitioning customers from legacy LMR devices to its PTT handsets and accessories across various vertical industries [37] - The company is building a recurring revenue channel by partnering with application providers to share subscription revenue [41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about strong sales growth momentum continuing throughout 2024, supported by an expanding sales pipeline [21] - The company is encouraged by the growing number of customers adopting its critical communication devices across multiple verticals and geographic markets [37] Other Important Information - The company has launched its SD7 handset with the four largest U.S. carriers, including AT&T, Verizon, T-Mobile, and UScellular [48] - Siyata is developing a robust 5G rugged handset portfolio based on customer feedback, with announcements expected in the coming months [30] Q&A Session Summary Question: Can you expand on the recurring revenue channel? - Management indicated that the recurring revenue channel is currently small but growing, with examples of partnerships like CrisisGo, which integrates software with their hardware [13][15] Question: In which vertical markets is the company seeing the most success? - Management highlighted that the education sector, particularly K-12 schools, is a significant vertical, with over 20 school districts already engaged [4][6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ev ...

Exhibit 99.1 N E W S R E L E A S E Siyata Mobile Announces Fourth Quarter and Full-Year 2023 Financial Results Vancouver, BC – April 8, 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 its financial results for the three and 12 months ended December 31, 2023. Marc Seelenfreund, CEO of Siyata, said, "2023 was a year of strong growth and expansion for Siyata Mobile. Revenue i ...

As at and for the years ended December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021 Prepared on April 3, 2024 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report contains "forward-looking statements," which includes information relating to future events, future financial performance, financial projections, strategies, expectations, competitive environment and regulation. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "e ...

Siyata Mobile Inc. (NASDAQ:SYTA) Q3 2023 Earnings Conference Call November 16, 2023 8:30 AM ET Company Participants Glenn Kennedy - Vice President of International Sales Marc Seelenfreund - Chief Executive Officer Conference Call Participants Jack Vander Aarde - Maxim Group LLC Brian Lantier - Zacks Small-Cap Research Operator Good morning, ladies and gentlemen and welcome to the Siyata Mobile Q3 2023 Conference Call. At this time all lines are in a listen-only mode. Following the presentation we will condu ...

Exhibit 99.2 Management Discussion and Analysis (Expressed in U.S. Dollars) As at and for the three and nine month period ended September 30, 2023 and September 30, 2022 Prepared on November 15, 2023 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This MD&A contains "forward-looking statements," which includes information relating to future events, future financial performance, financial projections, strategies, expectations, competitive environment and regulation. Words such as "may," "should," "could ...

Siyata Mobile Inc. (NASDAQ:SYTA) Q1 2023 Earnings Call Transcript May 25, 2023 8:00 AM ET Company Participants Daniel Kim - Vice President of Corporate Development Marc Seelenfreund - Chief Executive Officer Glenn Kennedy - Vice President-International Sales Conference Call Participants Thomas Kerr - Zacks Investment Jack Vander Aarde - Maxim Group Operator Good morning, ladies and gentlemen, and welcome to the Siyata Mobile Q4 2022 and Q1 2023 Conference Call. At this time all lines are in a listen-only mo ...