Published on 3 Sep 2023 on Simply Wall St. via Yahoo Finance
Siyata Mobile Inc.'s (NASDAQ:SYTA) Shift From Loss To Profit
We feel now is a pretty good time to analyse Siyata Mobile Inc.'s (NASDAQ:SYTA) business as it appears the company may be on the cusp of a considerable accomplishment. Siyata Mobile Inc. develops and provides cellular-based communications platform. With the latest financial year loss of US$15m and a trailing-twelve-month loss of US$14m, the US$6.0m market-cap company alleviated its loss by moving closer towards its target of breakeven. The most pressing concern for investors is Siyata Mobile's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.
See our latest analysis for Siyata Mobile