Siyata Mobile Inc (SYTA) Financials
Newest figures come from the 10-K for FY2025, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SYTA SEC filings page.
Siyata Mobile Inc (SYTA) reported $55.2M in revenue for fiscal year 2025, up 58.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth was overwhelmed by direct-cost escalation, converting a thin-margin operation into a cash-consuming loss business.
Revenue expanded to$55.2M in FY2025, but gross margin fell to-0.6% , showing that added volume did not translate into gross profit. That combination points to deteriorating cash conversion: operating cash flow shifted from-$52.9K in FY2024 to-$6.7M as the business grew.
The cost structure became more damaging than the sales trajectory: operating margin reached
Debt-to-equity improved to 3.3x in FY2025, but that ratio needs context because the reported share count expanded from 787,733 to 19,922,402. Capital-structure change may therefore be influencing leverage metrics alongside the decline in total liabilities to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Siyata Mobile Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Siyata Mobile Inc has an operating margin of -12.9%, meaning the company loses $13 on every $100 of revenue. This results in a profitability score of 26/100. This is down from -1.1% the prior year.
Siyata Mobile Inc's revenue surged 58.6% year-over-year to $55.2M, reflecting rapid business expansion. This strong growth earns a score of 96/100.
Siyata Mobile Inc has elevated debt relative to equity (D/E of 3.32), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 19/100, reflecting increased financial risk.
Siyata Mobile Inc's current ratio of 1.24 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Siyata Mobile Inc, and counted as zero in the overall score.
Siyata Mobile Inc posts a -1018.5% return on equity (ROE), meaning it loses $1019 for every $100 of shareholders' equity. This results in a returns score of 13/100. This is down from -17.1% the prior year.
Siyata Mobile Inc scores 1.47, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($38.0M) relative to total liabilities ($10.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Siyata Mobile Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Siyata Mobile Inc reported a net loss of $31.6M while operations used $6.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Siyata Mobile Inc held $1.9M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
SYTA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SYTA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q4'2410-K |
|---|---|---|
| Total Assets | $13.4M-31.7% | $19.6M |
| Current Assets | $12.8M-34.6% | $19.6M |
| Cash & Equivalents | $1.9M-65.3% | $5.6M |
| Accounts Receivable | $5.7M-37.6% | $9.1M |
| Total Liabilities | $10.3M-40.9% | $17.4M |
| Current Liabilities | $10.3M-40.9% | $17.4M |
| Non-Current Liabilities | $100 | $0 |
| Total Equity | $3.1M+42.2% | $2.2M |
| Retained Earnings | -$32.0M-8485.0% | -$372K |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Long-Term Debt.
SYTA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SYTA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Siyata Mobile Inc SYTA | FY2025 | $55.2M | -$31.6M | -57.2% | $38.0M | 31/100 |
| Bos Better Online Solutions BOSC | FY2025 | $50.6M | $3.6M | 7.1% | $33.8M | 66/100 |
| Airgain AIRG | FY2025 | $51.8M | -$6.4M | -12.4% | $71.7M | 55/100 |
| Franklin Wireless Corp FKWL | FY2025 | $46.1M | -$243K | -0.5% | $28.7M | 69/100 |
| Utstarcom Holdings UTSI | FY2025 | $9.0M | -$8.0M | -88.5% | $21.4M | 51/100 |
Where Siyata Mobile Inc Ranks
Frequently Asked Questions
What is Siyata Mobile Inc's annual revenue?
Siyata Mobile Inc (SYTA) reported $55.2M in total revenue for fiscal year 2025. This represents a 58.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Siyata Mobile Inc's revenue growing?
Siyata Mobile Inc (SYTA) revenue grew by 58.6% year-over-year, from $34.8M to $55.2M in fiscal year 2025.
Is Siyata Mobile Inc profitable?
No, Siyata Mobile Inc (SYTA) reported a net income of -$31.6M in fiscal year 2025, with a net profit margin of -57.2%.
What is Siyata Mobile Inc's gross margin?
Siyata Mobile Inc (SYTA) had a gross margin of -0.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Siyata Mobile Inc's operating margin?
Siyata Mobile Inc (SYTA) had an operating margin of -12.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Siyata Mobile Inc's net profit margin?
Siyata Mobile Inc (SYTA) had a net profit margin of -57.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Siyata Mobile Inc's return on equity (ROE)?
Siyata Mobile Inc (SYTA) has a return on equity of -1018.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Siyata Mobile Inc's operating cash flow?
Siyata Mobile Inc (SYTA) recorded an outflow of $6.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Siyata Mobile Inc's total assets?
Siyata Mobile Inc (SYTA) had $13.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Siyata Mobile Inc's current ratio?
Siyata Mobile Inc (SYTA) had a current ratio of 1.24 as of fiscal year 2025, which is considered adequate.
What is Siyata Mobile Inc's debt-to-equity ratio?
Siyata Mobile Inc (SYTA) had a debt-to-equity ratio of 3.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Siyata Mobile Inc's return on assets (ROA)?
Siyata Mobile Inc (SYTA) had a return on assets of -235.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Siyata Mobile Inc's Altman Z-Score?
Siyata Mobile Inc (SYTA) has an Altman Z-Score of 1.47, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Siyata Mobile Inc's Piotroski F-Score?
Siyata Mobile Inc (SYTA) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Siyata Mobile Inc's earnings high quality?
Siyata Mobile Inc (SYTA) reported a net loss of $31.6M while operations used $6.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Siyata Mobile Inc?
Siyata Mobile Inc (SYTA) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.