Welcome to our dedicated page for Iqstel news (Ticker: IQST), a resource for investors and traders seeking the latest updates and insights on Iqstel stock.
About iQSTEL
iQSTEL Inc. (symbol: IQST) is a US-based, multinational telecommunications and technology corporation that has evolved into a dynamic holding company. With a robust history of strategic acquisitions and organic growth, iQSTEL has established a broad portfolio spanning telecommunications, fintech, electric vehicles, artificial intelligence, and cybersecurity. This diversified approach enables the company to provide the essential tools required to meet modern human needs such as connectivity, financial access, and innovative mobility solutions.
Core Business and Services
At its heart, iQSTEL is dedicated to offering high-quality communication and connectivity services to Tier-1 global carriers, corporations, and international enterprises. Its core business revolves around:
- Telecommunications: Delivering ubiquitous voice, SMS, and data services through an extensive network of high-value interconnections.
- Fintech Solutions: Empowering virtual banking and financial services that enhance digital access to financial freedom, regardless of socioeconomic status.
- Electric Vehicles (EV) and Mobility: Supporting clean and affordable mobility by integrating advanced technologies to meet today’s transportation challenges.
- Artificial Intelligence and Cybersecurity: Pioneering AI-driven solutions for customer engagement and robust cybersecurity measures to protect digital assets.
By leveraging its expertise in network consolidation and cross-sector integration, iQSTEL is able to deliver high-margin, innovative offerings that address evolving market demands.
Global Footprint and Strategic Positioning
iQSTEL operates on a truly global scale with a presence in multiple countries and time zones. The company’s ability to integrate international telecom operations and expand its service offerings through carefully selected acquisitions has solidified its position as a major competitor in the technology and communications sectors. Its strategic partnerships enhance operational efficiencies and support a strong, globally integrated network.
Innovation and Diversification
Innovation lies at the core of iQSTEL’s business strategy. Through a series of deliberate ventures and acquired assets, the company has broadened its technological expertise. A recent rebranding initiative marked a bold step in redefining its identity from a traditional telecom provider to a comprehensive technology force. Today, iQSTEL’s portfolio spans not only telecommunications but also high-value fintech services, EV support systems, and AI-powered cybersecurity solutions. This diversification enables the company to convert industry challenges into new avenues for sustainable growth.
Expertise and Operational Excellence
iQSTEL boasts a management team with decades of combined experience in international telecommunications and technology services. This deep reservoir of expertise supports its ability to execute complex integration strategies and maintain a disciplined approach to managing capital and operational costs. The company’s focus on streamlined operations—whether through consolidation of telecom platforms or the adoption of cutting-edge digital tools—has resulted in scalable efficiencies that benefit its high-margin segments.
Market Position and Value Proposition
Positioned at the intersection of technology and essential human needs, iQSTEL serves as a critical enabler for global connectivity and digital advancement. Its solutions are designed to break down barriers, providing access to vital services such as uninterrupted communications, secure financial transactions, and innovative mobility options. The company’s mission is rooted in ensuring that these tools are accessible across diverse communities, reinforcing its reputation for social responsibility without compromising on profitability and efficiency.
Commitment to Transparency and Growth
Adhering to stringent reporting and audit standards, iQSTEL maintains an unwavering commitment to transparency, an essential characteristic for investor trust. This commitment is further underscored by its strategic initiatives geared towards a Nasdaq uplisting, which is intended to enhance investor confidence and broaden its market exposure. Through a balanced mix of organic growth and strategic mergers and acquisitions, iQSTEL continues to build an enduring platform for value creation while safeguarding the interests of its diverse stakeholder base.
Conclusion
In summary, iQSTEL represents an innovative fusion of expansive global connectivity and advanced technology solutions. Its ability to integrate multiple business disciplines—from reliable telecom services to forward-thinking fintech and AI—positions it uniquely within a competitive market. Whether it is addressing the pressing demand for secure communications or pioneering new products in emerging markets, iQSTEL is a company built on expertise, operational excellence, and a forward-looking vision that resonates with both customers and investors worldwide.
IQSTEL (OTCQX: IQST) has reported remarkable financial results for 2024, achieving $283.2 million in revenue, representing a 95.9% year-over-year increase from $144.5 million in 2023. The company's total assets surged by 257% to $79.0 million, up from $22.2 million in 2023.
Key financial highlights include:
- Revenue per share increased 66.67% to $1.40
- Operating subsidiaries achieved $2.5 million in Adjusted EBITDA
- Stockholder equity grew 48% to $11.9 million
- Organic growth reached 36.46% ($52.7 million)
The QXTEL acquisition has been transformational, with $4.2 million already paid and $1.8 million remaining to be paid in 2025. For 2025, IQSTEL targets $340 million in revenue and expects operating businesses to exceed $3 million in Adjusted EBITDA. The company aims to implement cost-saving initiatives targeting $1 million in annual savings while expanding into high-margin technology services.
IQSTEL (OTCQX: IQST) has signed a Memorandum of Understanding (MOU) to acquire a 51% stake in GlobeTopper (GT), a fintech company specializing in B2B Top-Up solutions. The acquisition, valued at $700,000, will be paid through $200,000 in cash installments and $500,000 in IQST common shares.
Following its $283 million revenue in FY-2024, IQST forecasts $340 million for 2025. GlobeTopper reported $39.4 million in revenue and $190,000 EBITDA for FY-2024, with projected growth to $60 million revenue and $450,000 EBITDA in FY-2025.
IQST will provide an additional $1.2 million in growth capital over 24 months through $50,000 monthly installments. The acquisition aims to strengthen IQST's Fintech division and leverage cross-selling opportunities across its telecom customer base in 21 countries, supporting its goal of reaching $1 billion in revenue by 2027.
iQSTEL (OTCQX: IQST) has announced the signing of an MOU to sell its 75% stake in itsBchain to Accredited Solutions (OTC: ASII) for $1 million. The transaction structure includes $500,000 in ASII preferred shares and $500,000 in ASII common shares.
The deal represents a profitable exit from a pre-revenue subsidiary, with the sale price exceeding iQSTEL's total investment. As part of the agreement, iQSTEL will retain a 1% lifetime royalty on itsBchain's total sales and plans to distribute ASII common shares to IQST shareholders as a dividend.
The definitive Purchase Agreement is expected to be executed by July 1, 2025, with a $250,000 penalty clause ensuring ASII's commitment. This strategic move allows iQSTEL to focus on its core business areas: Telecom, Fintech, AI, and Cybersecurity, while supporting its goal of transitioning to a major national exchange.
iQSTEL Inc. (OTCQX: IQST) has released its 2025 Shareholder Letter, outlining strategic growth plans and financial achievements. The company reported that its recent acquisition, QXTEL, generated $85 million in net revenue and $950,000 in EBITDA from April to December 2024. For 2025, iQSTEL forecasts $340 million in revenue and $3 million EBITDA from operating business.
The company announced plans for an ambitious M&A campaign targeting companies in Telecom, Fintech, Cybersecurity, or AI services sectors. iQSTEL demonstrated strong Revenue Per Share growth from $0.380 in 2020 to $1.364 in 2024. Management, holding 40.5 million common shares equivalent, aims to achieve $1 billion in revenue by 2027.
The company is proceeding with its NASDAQ uplisting plans and has filed an S-1 registration. Additionally, long-term investors have extended convertible notes' maturity dates through 2026, originally used for the QXTEL acquisition.
iQSTEL Inc. (OTCQX: IQST) has announced its transformation into a holding company, expanding beyond telecommunications to include fintech, artificial intelligence (AI), and cybersecurity. The company unveiled a new brand identity, including an updated logo and design, developed in partnership with ONAR marketing.
The transformation aims to position IQST as a global technology while maintaining its telecommunications foundation. The company's expansion strategy focuses on financial inclusivity through fintech solutions, AI implementation for industry efficiency, and cybersecurity services.
Regarding its NASDAQ uplisting plans, management confirmed there will be no reverse stock split prior to achieving NASDAQ listing. Any potential reverse split would only be executed in conjunction with the NASDAQ uplisting and would be formally announced through an SEC filing. The company reported that the uplisting process is currently progressing well.
ONAR has announced a new mid-six-figure partnership with iQSTEL (IQST) to lead their rebranding and marketing initiatives. The contract, finalized in October 2024, comes as iQSTEL reports exceptional Q4 FY24 results, with net revenue reaching $96 million, representing a 77% increase from Q3's $52 million.
Through its agency Storia, ONAR will focus on enhancing iQSTEL's visual identity, refining their brand story, and strengthening their market positioning in telecommunications, fintech, and technology sectors. The partnership aims to develop a consistent brand image and clear messaging strategy to effectively communicate iQSTEL's value proposition to target audiences.
iQSTEL Inc. (OTCQX: IQST) has reported preliminary net revenue of $277 million for 2024, achieving 95% of its annual forecast and marking a 91.6% increase from $144.5 million in 2023. The company achieved a record-breaking Q4 performance with $96 million in net revenue, representing a 77% increase from Q3's $52 million.
On a gross revenue basis, iQSTEL reached $300 million, with approximately $23 million attributed to intercompany transactions, representing 7.6% of gross revenue. This performance aligns with the company's vision of becoming a $1 billion revenue company by 2027. The company is preparing for a Nasdaq up-listing, highlighting its strong growth trajectory in the telecommunications and technology sectors.
ONAR Holdings (OTCQB:RELT) released its Q3 2024 results, highlighting significant growth following its reverse merger announced in Q2 2024. The company reported a 57% increase in consolidated revenue for the nine months ending September 30, 2024, compared to the same period last year. Notable achievements include a reduction in Cost of Revenues by nearly $250,000, and a cash balance increase of approximately $0.5 million compared to December 31, 2023.
The company expanded its global workforce, with 60% of employees now spread across five continents. ONAR also formed a strategic alliance with iQSTEL (OTCQX:IQST) for market presence enhancement and technology sharing. The company maintains its commitment to reaching $100 million in revenue and uplisting to NASDAQ, with plans to establish an Independent Board of Directors in Q1 2025.
iQSTEL (OTCQX: IQST) has announced a $340 million revenue forecast for 2025, marking a significant milestone in its growth trajectory. The company is set to report its highest quarterly revenue in Q4 2024, surpassing the previous record of $78.6 million from Q2 2024, and is working towards achieving its $290 million revenue target for FY-2024.
The company's Revenue Per Share (RPS) has increased from $0.84 in FY-2023 to over $1.32 based on preliminary figures. iQSTEL aims to reach a $1 billion revenue target by 2027 through organic growth, strategic acquisitions, and expansion in fintech, cybersecurity, and AI-powered solutions, particularly following its planned Nasdaq listing.
iQSTEL has released its Q3 FY-2024 Shareholder Letter, reporting significant growth with revenue reaching $184 million for the first nine months, an 89% year-over-year increase. The company's Telecom Division achieved profitability of $548,274 in Q3, while gross profit doubled to $2 million. The company aims for $290 million in FY-2024 revenue and has met Nasdaq's minimum stockholders' equity requirement of $5 million with $8.1 million. New initiatives include the launch of AI-driven AIRWEB.ai and an upcoming cybersecurity solution. The company maintains its goal of reaching $1 billion revenue by 2027.
FAQ
What is the current stock price of Iqstel (IQST)?
What is the market cap of Iqstel (IQST)?
What primary industries does iQSTEL operate in?
How does iQSTEL generate revenue?
What is iQSTEL's global presence?
How does iQSTEL ensure the quality and security of its services?
What differentiates iQSTEL from other telecom companies?
How does iQSTEL leverage technology for customer engagement?
What strategic initiatives are driving iQSTEL's growth?
How does iQSTEL support sustainable value creation for its shareholders?
