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iQSTEL Inc. (OTC-QX: IQST) is a US-based multinational telecommunications and technology company preparing for a Nasdaq up-listing. With a focus on serving basic human needs, iQSTEL provides access to communications, virtual banking, clean mobility, and information through its four Business Divisions: Telecommunications, Fintech, Electric Vehicles, and Metaverse. Recent achievements include becoming an associate Industry member of the GSMA, a global organization representing mobile network operators worldwide.
iQSTEL, Inc. (OTCQX: IQST) anticipates reporting $64 million in revenue for 2021, with a forecast of $90 million for 2022. January 2022 saw a revenue boost to $6.7 million, indicating a 42% increase from January 2021. The company aims for a Nasdaq uplisting within the first six months of 2022 and has officially entered the electric vehicle market. The CEO's recent communication emphasizes operational performance and engagement with an investment bank to aid the uplisting process.
iQSTEL, Inc. (OTCQX: IQST) announced its CEO, Leandro Iglesias, expressed strong confidence in the company's growth trajectory towards a planned uplisting on Nasdaq in the first half of 2022. The company achieved record revenue exceeding forecasts in 2021 and plans a $90 million revenue forecast for 2022. iQSTEL is engaging with an investment bank for the uplisting process and aims to enhance shareholder value through this transition. The CEO believes that upcoming audited financial reports will support the stock price's organic rise to Nasdaq's minimum requirements.
iQSTEL, Inc. (OTCQX: IQST) announced a significant milestone in its electric vehicle initiative, marking the production of its first batch of EV motorcycles. This achievement aligns with the company's strategy to up-list to Nasdaq in the first half of 2022. The company secured a $2.75 million investment and is finalizing a $60 million funding agreement, contingent on Nasdaq uplisting. iQSTEL anticipates revenues reaching $90 million in 2022 and aims to dominate the Latin American EV motorcycle market.
iQSTEL, Inc. (OTCQX: IQST) announced significant funding developments in its CEO's New Year update. The company secured $2.75 million in funding, meeting Nasdaq's listing requirements. Additionally, a strategic investor has committed $60 million, aimed at supporting mergers and acquisitions over the next three years. CEO Leandro Iglesias expressed confidence in the company's prospects for achieving a Nasdaq uplisting and anticipates positive share price movement as goals are met. The management team remains optimistic about upcoming developments in 2022.
iQSTEL, Inc. (OTCQX: IQST) announced in a letter from CEO Leandro Iglesias that the company has surpassed its revised 2021 revenue forecast, achieving over $64 million, exceeding the initial $60.5 million estimate. Looking ahead, the company targets a revenue forecast of $90 million for 2022. iQSTEL is also preparing for a Nasdaq uplisting in 2022, with an initial financing milestone of $2.75 million to meet listing requirements. Additionally, the company plans to launch its EV motorcycles soon, further enhancing its market position.
iQSTEL, Inc. (OTCQX: IQST) announced key updates from CEO Leandro Iglesias, highlighting a strategic investment deal exceeding $50 million and the upcoming Smartbiz acquisition. The company forecasts a net income positive revenue of $90 million for 2022, indicating growth across its telecommunications, IoT, blockchain, EV motorcycles, and fintech divisions. iQSTEL aims to transition to Nasdaq within the first half of 2022, with confidence rooted in its historical performance, including exceeding the 2021 revenue forecast of $60.5 million.
iQSTEL, Inc. (OTCQX: IQST) announced a series of developments in a letter to shareholders from CEO Leandro Iglesias. The company is negotiating a potential investment exceeding $50 million to support its qualification for a Nasdaq up-listing. The Board of Directors has approved the general terms of this investment proposal; however, there are no guarantees it will materialize. iQSTEL also anticipates closing its Smartbiz acquisition by January, which is part of an $80 million revenue forecast for 2022. The company projects $63 million in revenue for 2021 and a positive net income trend.
iQSTEL, Inc. (OTCQX: IQST) released a shareholder letter from CEO Leandro Jose Iglesias, outlining the company's ongoing developments and response to the Covid-19 Omicron strain. The company reported a slight loss of $111k in Q3 but anticipates surpassing break-even soon. Revenue projections for 2021 have been raised from $60.5 million to $63 million, following $58 million in year-to-date revenue. Looking ahead, iQSTEL aims for $80 million in revenue for 2022 as it explores its Telecom division and other business lines while also pursuing a NASDAQ up-listing to enhance shareholder value.
iQSTEL, Inc. (OTCQX: IQST) announced a year-to-date revenue of $58 million as of November 30, 2021, with November revenue at $6.5 million. The company raised its fiscal year 2021 revenue forecast by 4% to $63 million. Management anticipates strong growth in its Telecom Business, projecting revenues of $80 million with higher margins expected from IoT, Blockchain, EV Motorcycles, and Fintech sectors in 2022. The company, which is debt-free, aims for profitability in the near term and continues its M&A activity.
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