Time is ticking this morning. Let's dive in.

StockWireNews

Bounce Day? 3 Important Reasons (SYTA) Needs Immediate Attention (On Radar Now)

August 10th

Greetings Readers,

Time is ticking this morning. Let's dive in.

Based on 3 key reasons, SYTA needs a top spot on your watch-list. Take a look:

#1. SYTA has multiple oversold technical indicators.

In pre-market today, SYTA was displaying several oversold technicals suggesting a potential bounce/reversal could be in the cards near term.

With a 9-Day and 14-Day Relative Strength Index both below 32%, SYTA could become a prime bounce target after yesterday's red session.

#2. SYTA is now a low float profile (volatility a must-watch).

This week, SYTA made a huge announcement of a reverse-split.

With this decision, SYTA has now become a low float profile with a float of roughly 1.68Mn according to Finviz.

Why is this important? Volatility.

With so few shares available for trading, volatility could appear in the blink of an eye. You'll need to watch SYTA closely today.

#3. Revenue has been popping-off for SYTA.

I've been harping on this all week. SYTA has been witnessing serious revenue growth.

With a quick review of my report below, you'll notice 3 big pieces of info.

1. The company recently announced a record order from a single customer ($1.4Mn).

2. Two new orders from the waste management industry show "increasing demand" and could lead to even more future revenue growth.

3. Q1 revenue was off the hook with growth of 116% year-over year.

Listen. Time could be of the essence on this one.

That's why you need to drop everything right now and get SYTA on your screen this second.

Check out my initial report below for more details ASAP.

-----

*Siyata Mobile Inc. (SYTA)*

Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PoC) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives.

Its portfolio of enterprise grade and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for the maximum cellular signal strength possible.

And right now, SYTA has 5 potential breakout catalysts to be firmly aware of:

No. 1 - Zacks SCR Provides $.75 Target (Potential Upside Over 1,000%)

No. 2 - Company Announces Massive Order (Record Amount From Single Customer - $1.4Mn)

No. 3 - Waste Management Industry Could Offer Significant Growth Potential (Two New Orders Placed)

No. 4 - Company's Newly Launched Command Center Unit Aims To Transform Mobile Communications For EMS

No. 5 - Revenue Growth In Q1 2023 Explodes YoY

But more on those in a second...

Push-to-Talk Over Cellular (PoC) Revolution

Problems With Land Mobile Radio (LMR) or Two- way radios (1) (2)

  • Limited coverage, creating dead zones for first responder vehicles, public transportation and commercial vehicles
  • Restricted functionality limited to voice and low-capacity data
  • High start-up costs and expensive to maintain towers and equipment

Push to Talk Over Cellular (PoC) Brings Communication into the 21st Century (3) (4)

  • Push to talk over cellular enables subscribers to use their cellular phones as walkie-talkies with unlimited range
  • Operates over 4G LTE network thus provides consistent connectivity across the nation or internationally supporting for ex. messaging, one-to-one or one-to-many instant group calls
  • The high bandwidth 4G LTE network supports data intensive applications such as pictures and video and a host of third-party applications
  • No need to in-vest in infrastructure such as radio towers or repeaters

Siyata's Three Distinct and Complementary Product Categories

PoC Ecosystem

Siyata provides disruptive solutions aimed at the Push-to-talk-over-Cellular (PoC) industry, with three complementary product categories targeted to the same core channels and customers. Despite Siyata's small size, no other competitor offers as comprehensive a portfolio of products. Carriers appreciate the breadth of their portfolio from a single vendor, thus providing synergistic sales benefits.

image

Rugged Handsets

Siyata Specializes in Rugged PTT Devices: SD7 is their Next Generation PoC Device Complementing their Portfolio of Disruptive Handsets

The SD7 is a Game Changer

The Perfect Upgrade from land mobile radio (LMR):

  • A simple, purpose build, highly functional and rugged Android-based PTT only device
  • Rugged IP68 rated design protects against dust and debris
  • Excellent sound quality allowing for clear communication in the presence of background noise
  • All the benefits of PoC without any of the headaches managing the current generation of rugged smart/feature phones
image

Cellular Boosters

THE PROBLEM: Millions of homes and businesses in North America suffer from weak cellular signals (especially during CV-19):

  • Missed calls
  • Dropped calls
  • Slow data speeds

THE SOLUTION - Siyata's Uniden® Cellular Signal Booster

  • Ultra-Fast Wireless
  • Most Advanced Booster Technology
  • Industry-Leading Quality
  • Works On All Carrier Networks
  • Easy Installation

Siyata's Cellular Booster Products

image

Channel: Partners Provide Global Reach

Siyata Markets Devices With Leading Cellular Carriers and Their Distributors who sell to their enterprise customers. Leveraging these carrier sales channels and their broad customer base with their three complementary product categories benefits a lean operating cost.

image

Siyata gives carriers the ability to activate a SIM card and generate income otherwise not captured with customers who use LMR.

Find more key company details in their presentation here.

-----

As mentioned above, SYTA has 5 must-see potential catalysts this moment. Check them out:

No. 1 SYTA Potential Catalyst - Zacks SCR Provides $.75 Target (Potential Upside Over 1,000%)

On June 5th, 2023, Zacks Small-Cap Research analyst, Tom Kerr, provided a $.75 price target on SYTA.

From Monday's closing valuation, that's over 1,000% potential upside.

Here's some highlights from the report:

  • Siyata Mobile is a developer and provider of cellular communication systems for enterprise customers and first responders. The company’s solutions include rugged smartphones, in-vehicle devices, and cellular signal boosters.
  • The company is a beneficiary of first responders need for next generation communication known as Push-to-Talk over Cellular (PoC). PoC is the next-generation solution displacing traditional land mobile two-way radios (LMR). LMR often has limited coverage area and poor reliability of communication for emergencies and outdoor workers.
  • The company’s primary rugged MCPTT handset SD7 is a simple, yet highly functional push-to-talk (PTT) only device that has all the benefits of PoC without any of the problems managing the current generation of rugged smart/feature phones. This appears to be a major improvement from the current lineup of LMRs and could take significant market share from the LMR industry.
  • SYTA targets vehicle fleets, ambulances, school buses, police vehicles, utility fleets, industrial and residential customers, and large enterprise wireless carriers around the world.
  • Sales growth is expected to materially improve in 2023 from previous levels. It’s possible the company will be break-even on an operating cash flow basis in late 2023.
  • The company appears to be well capitalized after raising an additional $3.6Mn in the 1st quarter of 2023.
  • We adjust our target value to $0.75 per share to account for the effect of higher prevailing interest rates on our discounted cash flow calculation, the increase in total common shares outstanding following the recent equity offering, and the potential for high margin revenue growth in coming years.

-----

No. 2 SYTA Potential Catalyst - Company Announces Massive Order (Record Amount From Single Customer - $1.4Mn)

Siyata Mobile Secures Largest Single SD7 Order in Company History

$1.4Mn Order to Deliver SD7 Handsets to Major U.S. Wireless Carrier

VANCOUVER, BC / ACCESSWIRE / July 6, 2023 / 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 that it has secured its largest SD7 order ever in the Company's history from a single customer. The order is valued at approximately $1.4Mn.

The Company expects to deliver this new order in the second half of 2023.

Marc Seelenfreund, CEO of Siyata, stated, "This order brings our total of publicly announced orders for 2023 to $6.1Mn, which relative to $6.0Mn in revenue for the full year 2022, sets us on a pace for strong growth in 2023. Our sales momentum is accelerating, and we are extremely encouraged by the traction we are gaining with our channel partners. Our SD7 handsets are approved for use by all major U.S. wireless carriers and we believe that this large order by one of those carriers signals its expectations for increasing demand from its enterprise customers for our Push-to-Talk Over Cellular handset. Increasingly, organizations are adopting PoC as a standard for cost-effective, high quality two-way communication with use cases reaching beyond traditional emergency response. Our SD7 handsets are widely available through a multitude of distribution points. New orders are increasing, demand is robust and our pipeline of new markets and potential new customers is expanding."

Read the full article here.

-----

No. 3 SYTA Potential Catalyst - Waste Management Industry Could Offer Significant Growth Potential (Two New Orders Placed)

Siyata Mobile Announces Two New Orders With Large North American Waste Management Providers

Increases Market Penetration in Waste Management Vertical

VANCOUVER, BC / ACCESSWIRE / July 18, 2023 / 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 that it has received new orders from two large North American waste management companies for its SD7 handsets and VK7 vehicle kits, and for its UV350 in-vehicle devices.

The orders are expected to be delivered in the third quarter.

Marc Seelenfreund, Founder and CEO of Siyata, stated, "The waste management industry represents an enormous opp. for our offerings of mobile communication devices and accessories given the hundreds of thousands of fleet vehicles that are operated to provide both residential and commercial collection services. These two important, yet unrelated orders demonstrate the applicability and increasing demand for our portfolio of solutions beyond emergency services and our commitment to penetrating new vertical markets to grow our business. With these orders, our devices will be deployed in heavy-duty commercial vehicles to support waste management services in North America."

Read the full article here.

-----

No. 4 SYTA Potential Catalyst - Company's Newly Launched Command Center Unit Aims To Transform Mobile Communications For EMS

Siyata Mobile Launches New Mobile Command Center Unit

Secures First Order from EMS Organization

VANCOUVER, BC / ACCESSWIRE / June 14, 2023 /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 launched its latest product, the Siyata Mobile Command Center, an all-in-one, mobile communications solution with built-in redundancy primarily for providers of Emergency Management Services ("EMS") that need to set up a mobile telecommunications command center in the field.

Marc Seelenfreund, CEO of Siyata, stated, "We are pleased to introduce the Siyata Mobile Command Center, our latest and most advanced solution for the emergency response market. This solution integrates both PoC communications and land mobile radio ("LMR") communications, as well as a ruggedized PC with two routers for connectivity with redundancy to ensure the EMS organization always has access to the right people and the right information to respond to the emergency. Emergency response providers can now have everything they need to communicate in times of emergency in a single package that can be immediately operational. We completed our first sale to an international EMS organization that has previously bought many of Siyata's products, and we are now identifying new sales opp's for the Siyata Mobile Command Center."

The Siyata Mobile Command Center is a comprehensive communications solution that is self-contained in a ruggedized suitcase. It contains a ruggedized industrial PC with two LCD displays built right into the case, two routers with up to six SIM card slots for redundancy to ensure consistent internet connectivity during emergencies, Siyata's UV350 device for PoC calls and regular cellular calls, as well as a DMR UHF mobile radio for radio push-to-talk calls.

Read the full article here.

-----

No. 5 SYTA Potential Catalyst - Revenue Growth In Q1 2023 Explodes YoY

Siyata Mobile Announces First Quarter 2023 Financial Results

Revenue of $1.8Mn, up 116% year-over-year

...

VANCOUVER, BC / ACCESSWIRE / May 24, 2023 / 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, announced its financial results for the three months ended March 31, 2023. All amounts are in USD unless otherwise indicated.

"We are returning to growth with first quarter revenue more than doubling compared to the first quarter last year on strengthening sales of our mission-critical PoC (MCPTT) SD7 solution," said Marc Seelenfreund, Founder and CEO of Siyata. "The majority of our customer trials that were initiated in the second half of 2022 have proven successful, and as a result, we are experiencing a step up in purchase orders. Recent purchase orders in the emergency response and education verticals establish a basis for accelerating growth in the second quarter, and our pipeline of developing opp's reinforce our optimism for the second half of 2023 and beyond."

Seelenfreund continued, "Our distribution network now includes established relationships with leading North American cellular carriers, including AT&T, FirstNet, T-Mobile, Verizon, Bell and US Cellular, and we recently added KPN Royal Dutch Telecom to the lineup, expanding our reach in Europe. The push-to-talk over cellular market represents a multi-Bn opp. globally. We are building out a global channel strategy that we believe will enable us to capture a meaningful share of this massive opp."

Key fi-nan-cial highlights for the three months ended March 31, 2023:

  • Revenues were $1.8Mn compared to $0.8Mn for the three months ended March 31, 2022. This increase of $970k, or 116%, was due mainly to sales of the SD7 in Q1 2023 of $800k, offset by a decrease in sales of the legacy products and boosters.

...

Read the full article here.

-----

SYTA Recap: 5 Potential Catalysts To Sink Your Teeth Into

No. 1 - Zacks SCR Provides $.75 Target (Potential Upside Over 1,000%)

No. 2 - Company Announces Massive Order (Record Amount From Single Customer - $1.4Mn)

No. 3 - Waste Management Industry Could Offer Significant Growth Potential (Two New Orders Placed)

No. 4 - Company's Newly Launched Command Center Unit Aims To Transform Mobile Communications For EMS

No. 5 - Revenue Growth In Q1 2023 Explodes YoY

-----

Coverage is officially reinitiated on SYTA. When time permits, do this:

image

Get SYTA on your radar now.

Sincerely,

Kai Parker

StockWireNews


Source 1
Source 2
Source 3
Source 4: A Brief Look at the Development of Push-To-Talk Technology Through the Ages, Motorola Solutions White Paper


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. StockWireNews full disclosure is to be read and fully understood before using StockWireNews website, or joining StockWireNews' email or text list. By viewing StockWireNews website and/or reading StockWireNews email or text newsletter you are agreeing to StockWireNews full disclosure which can be read at www.stockwirenews.net/disclosure An owner of SWN Media LLC owns and operates smallcapfirm . com (“SCF”), owns and operates fierceinvestor . com (“FI”), and owns and operates stockstreetwire . com ("SSW"). From time to time, StockWireNews, SCF, FI, and/or SSW will publicly disseminate information about a company via website, email, SMS and other points of media. Ownership of "FI" and "SSW" has now moved to a single individual. Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 2/26/23 and ending on 2/28/23 to publicly disseminate information about (SYTA) via Website, Email and SMS. SWN Media LLC was paid fifteen thousand USD via bank wire transfer. We own zero shares of (SYTA). Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 6/4/23 and ending on 6/6/23 to publicly disseminate information about (SYTA) via Website, Email and SMS. SWN Media LLC was paid seventeen thousand five hundred USD via bank wire transfer. We own zero shares of (SYTA). Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 8/7/23 and ending on 8/8/23 to publicly disseminate information about (SYTA) via Website, Email and SMS. SWN Media LLC was paid twenty thousand USD via bank wire transfer. We own zero shares of (SYTA). To date we've been compensated a total of fifty-two thousand five hundred USD via bank wire transfer to disseminate information about (SYTA). A member of SWN Media LLC is also a member of TD Media LLC. Pursuant to an agreement between TD Media LLC and Siyata Mobile Inc., TD Media LLC has been hired for a period beginning on 08/02/2023 and ending on 08/11/2023 to publicly disseminate information about (SYTA:US) via digital communications. We have been paid an additional one hundred thousand dollars USD. To date we have been paid one million one hundred twenty two thousand four hundred dollars USD to disseminate information about (SYTA:US) via digital communications. We own zero shares of (SYTA:US). lifewatermedia.com/syta-disclosure-52/