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IQST - IQSTEL Announces Plan for $1 Billion in Annual Sales in 2027

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iQSTEL Inc. (OTC-QX: IQST) has unveiled its ambitious plan to reach $1 billion in annual sales by FY 2027. The company, which reported $144.5 million in revenue for FY 2023 and forecasts $290 million for FY 2024, aims to achieve this growth primarily through its Enhanced Telecommunications Division. The plan consists of two major components:

1. Organic Growth: Expected to contribute approximately half of the $1 billion target.
2. Strategic Acquisition: Anticipated to add $200-$300 million in annual revenue, with potential expansion to $500 million by FY 2027.

The company also plans to consolidate subsidiaries, implement a single technology platform, and expand branding efforts to improve operating margins and market valuation. iQSTEL's current business valuation is estimated between $158 million and $198 million, excluding contributions from Fintech, EV, and AI-Enhanced Metaverse divisions.

iQSTEL Inc. (OTC-QX: IQST) ha svelato il suo ambizioso piano per raggiungere un fatturato annuo di 1 miliardo di dollari entro l'anno fiscale 2027. L'azienda, che ha riportato 144,5 milioni di dollari di entrate per l'anno fiscale 2023 e prevede 290 milioni per l'anno fiscale 2024, mira a conseguire questa crescita principalmente attraverso la sua Divisione Telecomunicazioni Avanzate. Il piano si articola in due componenti principali:

1. Crescita Organica: Si prevede che contribuisca a circa la metà dell'obiettivo di 1 miliardo di dollari.
2. Acquisizioni Strategiche: Si stima che aggiungerà tra i 200 e i 300 milioni di dollari di entrate annue, con un potenziale aumento fino a 500 milioni entro l'anno fiscale 2027.

L'azienda prevede anche di consolidare le sue filiali, implementare una piattaforma tecnologica unica e ampliare gli sforzi di branding per migliorare i margini operativi e la valutazione di mercato. La valutazione attuale di iQSTEL è stimata tra 158 milioni e 198 milioni di dollari, escludendo i contributi delle divisioni Fintech, EV e Metaverso potenziato dall'IA.

iQSTEL Inc. (OTC-QX: IQST) ha revelado su ambicioso plan para alcanzar 1 mil millones de dólares en ventas anuales para el año fiscal 2027. La empresa, que reportó 144.5 millones de dólares en ingresos para el año fiscal 2023 y pronostica 290 millones para el año fiscal 2024, busca lograr este crecimiento principalmente a través de su División de Telecomunicaciones Mejoradas. El plan consiste en dos componentes principales:

1. Crecimiento Orgánico: Se espera que contribuya aproximadamente con la mitad del objetivo de 1 mil millones de dólares.
2. Adquisición Estratégica: Se prevé que añada entre 200 y 300 millones de dólares en ingresos anuales, con una expansión potencial a 500 millones para el año fiscal 2027.

La empresa también planea consolidar sus subsidiarias, implementar una única plataforma tecnológica y expandir sus esfuerzos de branding para mejorar los márgenes operativos y la valoración del mercado. La valoración actual de iQSTEL se estima entre 158 millones y 198 millones de dólares, excluyendo las contribuciones de las divisiones de Fintech, EV y Metaverso Potenciado por IA.

iQSTEL Inc. (OTC-QX: IQST)2027 회계연도까지 연간 매출 10억 달러 달성을 위한 야심찬 계획을 공개했습니다. 이 회사는 2023 회계연도에 1억 4천 4백 50만 달러의 매출을 기록했으며 2024 회계연도에 2억 9천만 달러를 예상하고 있습니다. iQSTEL은 이러한 성장을 주로 향상된 통신 부서를 통해 달성하는 것을 목표로 하고 있습니다. 이 계획은 두 개의 주요 구성 요소로 구성됩니다:

1. 유기적 성장: 10억 달러 목표의 절반 가량을 차지할 것으로 예상됩니다.
2. 전략적 인수: 연간 매출에 2억~3억 달러를 추가할 것으로 예상되며, 2027 회계연도까지 5억 달러로 확장될 가능성이 있습니다.

회사는 또한 자회사를 통합하고 단일 기술 플랫폼을 구현하며, 운영 마진과 시장 가치를 개선하기 위해 브랜딩 활동을 확장할 계획입니다. iQSTEL의 현재 사업 가치는 Fintech, EV 및 AI 기반 메타버스 부문의 기여를 제외하고 1억 5천8백만 달러에서 1억 9천8백만 달러 사이로 추정됩니다.

iQSTEL Inc. (OTC-QX: IQST) a dévoilé son plan ambitieux pour atteindre 1 milliard de dollars de ventes annuelles d'ici l'exercice 2027. L'entreprise, qui a rapporté 144,5 millions de dollars de revenus pour l'exercice 2023 et prévoit 290 millions pour l'exercice 2024, vise à réaliser cette croissance principalement par le biais de sa Division de Télécommunications Améliorées. Le plan se compose de deux composants majeurs :

1. Croissance Organique : On s'attend à ce qu'elle contribue à environ la moitié de l'objectif d'un milliard de dollars.
2. Acquisitions Stratégiques : On prévoit qu'elles ajouteront entre 200 et 300 millions de dollars de revenus annuels, avec une expansion potentielle jusqu'à 500 millions d'ici l'exercice 2027.

L'entreprise prévoit également de consolider ses filiales, de mettre en œuvre une plateforme technologique unique, et d'élargir ses efforts de branding pour améliorer les marges opérationnelles et la valorisation du marché. La valorisation actuelle d'iQSTEL est estimée entre 158 millions et 198 millions de dollars, sans tenir compte des contributions des divisions Fintech, EV et Métavers Amélioré par l'IA.

iQSTEL Inc. (OTC-QX: IQST) hat seinen ehrgeizigen Plan vorgestellt, bis zum Geschäftsjahr 2027 einen Jahresumsatz von 1 Milliarde Dollar zu erreichen. Das Unternehmen, das 144,5 Millionen Dollar Umsatz für das Geschäftsjahr 2023 gemeldet hat und 290 Millionen für das Geschäftsjahr 2024 prognostiziert, strebt an, dieses Wachstum hauptsächlich durch seine Erweiterte Telekommunikationsdivision zu erreichen. Der Plan besteht aus zwei Hauptkomponenten:

1. Organisches Wachstum: Es wird erwartet, dass es etwa die Hälfte des Zielbetrags von 1 Milliarde Dollar beiträgt.
2. Strategische Akquisition: Es wird prognostiziert, dass es jährlich 200 bis 300 Millionen Dollar zum Umsatz hinzufügt, mit einem möglichen Anstieg auf 500 Millionen Dollar bis zum Geschäftsjahr 2027.

Das Unternehmen plant auch, Tochtergesellschaften zu konsolidieren, eine einheitliche Technologieplattform zu implementieren und die Branding-Strategien auszubauen, um die Betriebsmargen und die Marktbewertung zu verbessern. Die aktuelle Unternehmensbewertung von iQSTEL wird auf etwa 158 Millionen bis 198 Millionen Dollar geschätzt, ohne die Beiträge aus den Bereichen Fintech, EV und KI-unterstütztem Metaverse.

Positive
  • Ambitious plan to reach $1 billion in annual sales by FY 2027
  • Strong revenue growth forecast: $290 million for FY 2024, up from $144.5 million in FY 2023
  • Planned strategic acquisition to add $200-$300 million in annual revenue
  • Current business valuation estimated between $158 million and $198 million
  • Initiatives to streamline expenses and improve operating margins
Negative
  • Heavy reliance on a single strategic acquisition for growth
  • Ambitious growth targets may be challenging to achieve
  • Potential risks associated with rapid expansion and integration of acquired operations

NEW YORK, Aug. 1, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com), a US-based, multinational, fully reporting and audited publicly listed telecommunications and technology company today released highlights of its plan to reach $1 billion in annual sales for FY 2027.

iQSTEL reported $144.5 million in revenue for FY 2023 and has forecasted $290 million for FY 2024. The company is on track to reach its revenue forecast this year. The company has a long history achieving and even surpassing its forecasts.

Under the direction of the company's CFO, Alvaro Quintana, iQSTEL has developed a detailed plan to grow the company's annual revenue to $1 billion for FY 2027. The plan includes a detail analysis of each subsidiary using several dynamic variables. The comprehensive plan with dynamic forecasts are being presented to investment banks and institutional investors.

To simplify the $1 Billion Plan, financial projections only entail the anticipated performance of the company's Enhanced Telecommunications Division. Any contributions to revenue and operating income from our Fintech, Electric Vehicle and AI-Enhanced Metaverse divisions will augment the projected $1 billion in sales.

The $1 Billion Plan is built primarily on the planned expansion of the company's sales that today are primarily generated from telecom services. The FY 2027 planned $1 billion in annual sales is expected to be derived from telecom services alone.

The plan to grow to $1 billion in annual sales consists of two major components:

a) Organic Growth: Approximately half of the $1 billion in annual revenue is expected from organic sales growth generated by existing operations.
b) One Strategic Acquisition: Approximately one quarter of the $1 billion in annual revenue is expected to be achieved through acquisition. The remaining one quarter of the $1 billion in annual revenue is expected from organic sales growth, and synergies with iQSTEL generated by the acquired operations.

iQSTEL has an excellent organic growth and synergies track record. The company achieved $50 million in organic growth in FY 2023, and expects to realize $90 million in organic growth this year, FY 2024.

iQSTEL has targeted a specific acquisition opportunity with the potential to add from $200 million to $300 million in annual revenue next year. The acquisition plan includes an initiative to expand the annual sales of the target operation to $500 million by year end FY 2027. The acquisition is being coordinated to close contemporaneously with our intended Nasdaq uplisting and a $30 million raise.

The overall $1 Billion Plan includes the following initiatives:

a) Consolidate independent subsidiary operations into a single corporation.
b) Implement a single technology platform for the Telecom services
c) Expand our iQSTEL branding efforts.

All these initiatives are designed to further streamline expenses and improve operating margins. An improved operating profit in turn improves the bottom line, and in so doing, enhances the company's potential for an improved market valuation.

Based on the net present value of the company's current and anticipated cash generation from 2024 through 2027, and the residual cash generation after 2027, we calculated iQSTEL's current business valuation to be between $158 million and $198 million. This valuation does not include any contribution from Fintech, EV and AI-Enhanced Metaverse business divisions and the strategic acquisition described above. 

This valuation, supported by our financials and growth plan, is being utilized in our current and ongoing investment banking business development efforts in conjunction with our present initiative to uplist to Nasdaq.

iQSTEL, CEO, Mr, Iglesias commented: "We are a roll up company. We believe the consistent organic growth and synergies that we have achieved following acquisitions will continue to improve our bottom line and increase shareholder value by increasing the company's overall market valuation. We genuinely believe our company is a good investment opportunity. We also believe our $1 Billion Plan is ideally timed with our Nasdaq uplisting initiative."

About iQSTEL (updated):

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $144 million revenue, and with a $290 Million Dollar Revenue forecast and a Positive Operating Income of 7 digits forecast for FY-2024. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse. 

  • The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.

  • The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.

  • The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Car.

  • The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.

The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 12 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Company Website
www.iqstel.com

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SOURCE iQSTEL

FAQ

What is iQSTEL's (IQST) revenue target for FY 2027?

iQSTEL (IQST) has announced a plan to reach $1 billion in annual sales by FY 2027.

How much revenue did iQSTEL (IQST) report for FY 2023?

iQSTEL (IQST) reported $144.5 million in revenue for FY 2023.

What is iQSTEL's (IQST) revenue forecast for FY 2024?

iQSTEL (IQST) has forecasted $290 million in revenue for FY 2024.

How does iQSTEL (IQST) plan to achieve its $1 billion revenue target?

iQSTEL (IQST) plans to achieve its $1 billion revenue target through organic growth (about 50%) and a strategic acquisition (about 25%), with the remaining 25% from organic growth and synergies from the acquired operations.

What is the estimated current business valuation of iQSTEL (IQST)?

iQSTEL's (IQST) current business valuation is estimated to be between $158 million and $198 million, based on the net present value of current and anticipated cash generation from 2024 through 2027.

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