Siyata Mobile Inc. (SYTA) Q3 2024 Earnings Call Transcript Summary
Siyata Mobile Inc. (SYTA) Q3 2024 Earnings Call Transcript Summary
SG&A expenses increased by $2 million, primarily due to marketing expenses, while adjusted EBITDA was negative $3.3 million, a $1.8 million increase in losses compared to Q3 2023.The following is a summary of the Siyata Mobile Inc. (SYTA) Q3 2024 Earnings Call Transcript:
以下是siyata mobile公司（SYTA）2024年第三季度業績會的摘要：
Financial Performance:
財務表現：
Siyata Mobile reported a Q3 2024 revenue of $5.9 million, a 218% increase year-over-year from $1.8 million in Q3 2023, and a 210% increase from $1.9 million in Q2 2024.
Gross margin percentage rose to 29% in Q3 2024 from 26.6% in Q3 2023, with gross margin dollars growing from $500,000 to $1.7 million.
SG&A expenses increased by $2 million, primarily due to marketing expenses, while adjusted EBITDA was negative $3.3 million, a $1.8 million increase in losses compared to Q3 2023.
Working capital decreased from $1.3 million to $200,000 as of the end of Q3 2024.
siyata mobile報告2024年第三季度營業收入爲590萬，比2023年第三季度的180萬增長了218%，比2024年第二季度的190萬增長了210%。
毛利率從2023年第三季度的26.6%上升至2024年第三季度的29%，毛利額從500,000增長至170萬。
SG&A費用增加了200萬，主要由於市場推廣費用，同時調整後EBITDA爲負330萬，與2023年第三季度相比，損失增加了180萬。
截至2024年第三季度末，營運資本從130萬減少至20萬。
Business Progress:
業務進展：
Siyata Mobile is experiencing solid demand for its SD7 handset and accessories.
Launching a 5G product portfolio in 2025 with T-Mobile as the first carrier.
Seeing rapid adoption of their PTT product portfolio.
siyata mobile的SD7手機及配件正受到強勁需求。
計劃在2025年推出5g概念產品組合，t-Mobile爲首個運營商。
他們的PTt產品組合正在迅速被採納。
Opportunities:
機會：
Plans for launching an innovative 5G product portfolio in 2025.
Positive outlook from the current rapid adoption of their unique PTT product portfolio.
計劃在2025年推出創新的5g概念產品組合。
對他們獨特的PTt產品組合迅速被採納的積極展望。
Risks:
風險：
Significant increase in SG&A expenses primarily due to increased marketing spends impacting profitability.
Negative variance in adjusted EBITDA points to challenges in managing operational costs.
由於增加的營銷支出對盈利能力的影響，SG&A費用顯著增加。
調整後的EBITDA的負差異表明在管理運營成本方面面臨挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
