trending Market Intelligence /marketintelligence/en/news-insights/trending/QWbPam3Jpr1wqWY_1J4KWQ2 content esgSubNav
In This List

Siyata Mobile Q1 loss widens YOY


Master of Risk | Episode 7 : John Kevill


The World's Largest P&C Insurers, 2023


The Worlds Largest Life Insurers, 2023

Case Study

Analysts Utilize the S&P Global Marketplace Workbench to Explore and Visualize Datasets

Siyata Mobile Q1 loss widens YOY

Siyata Mobile Inc. said its normalized net income for the first quarter came to a loss of C$742,110, compared with a loss of C$12,610 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to negative 27.3% from negative 0.5% in the year-earlier period.

Total revenue climbed 17.4% on an annual basis to C$2.7 million from C$2.3 million, and total operating expenses increased 30.4% on an annual basis to C$3.0 million from C$2.3 million.

Reported net income totaled a loss of C$1.2 million, or a loss of 2 cents per share, compared to a loss of C$20,170 in the year-earlier period.