Siyata Mobile Inc.
Siyata Mobile Inc. (SYTAW) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Siyata Mobile Inc. (SYTAW), featuring income statements, balance sheets, and cash flow data.
Siyata Mobile Inc. (SYTAW) Income Statement & Financial Overview
Analyze Siyata Mobile Inc.’s SYTAW earnings with segmented quarterly and yearly financial statement figures.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $2.47M | $1.52M | $5.86M | $1.89M |
Cost of Revenue | $1.94M | $2.14M | $4.16M | $2.13M |
Gross Profit | $530331.00 | -$620850.00 | $1.70M | -$236315.00 |
Gross Profit Ratio | $0.21 | -$0.41 | $0.29 | -$0.12 |
R&D Expenses | $166600.00 | $295270.00 | $294753.00 | $0.00 |
SG&A Expenses | $2.89M | $4.24M | $4.78M | $4.07M |
Operating Expenses | $3.52M | $5.44M | $5.51M | $4.07M |
Total Costs & Expenses | $5.46M | $7.58M | $9.67M | $6.20M |
Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
Interest Expense | $1.12M | $1.29M | $527962.00 | $942283.00 |
Depreciation & Amortization | $414980.00 | $417659.00 | $424393.00 | $433129.00 |
EBITDA | -$2.22M | -$8.28M | $325575.00 | -$11.55M |
EBITDA Ratio | -$0.90 | -$5.45 | $0.06 | -$6.11 |
Operating Income | -$2.99M | -$6.06M | -$3.80M | -$4.31M |
Operating Income Ratio | -$1.21 | -$3.99 | -$0.65 | -$2.28 |
Other Income/Expenses (Net) | -$760622.00 | -$2.86M | $3.18M | -$8.62M |
Income Before Tax | -$3.75M | -$8.92M | -$626780.00 | -$12.92M |
Income Before Tax Ratio | -$1.52 | -$5.88 | -$0.11 | -$6.83 |
Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 |
Net Income | -$3.79M | -$8.92M | -$626329.00 | -$12.92M |
Net Income Ratio | -$1.54 | -$5.88 | -$0.11 | -$6.83 |
EPS | -$2.35 | -$54.61 | -$4.00 | -$118.65 |
Diluted EPS | -$2.35 | -$55.53 | -$4.00 | -$118.65 |
Weighted Avg Shares Outstanding | $1.61M | $787733.00 | $1.58M | $108922.00 |
Weighted Avg Shares Outstanding (Diluted) | $1.61M | $160698.00 | $158000.00 | $108922.00 |
Over the last four quarters, Siyata Mobile Inc. achieved steady financial progress, growing revenue from $1.89M in Q2 2024 to $2.47M in Q1 2025. Gross profit stayed firm with margins at 21% in Q1 2025 versus -12% in Q2 2024. Operating income totaled -$2.99M in Q1 2025, maintaining a -121% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$2.22M. Net income rose to -$3.79M, with EPS at -$2.35. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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