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.
IQSTEL Inc. (NASDAQ: IQST) generates a steady flow of news as a Global Connectivity, AI, and Digital Corporation active in telecom services, fintech, AI-powered platforms, and cybersecurity. News coverage for IQST typically reflects its dual identity as a telecom operator and a technology-driven services platform, highlighting both operational milestones and strategic initiatives.
Investors following IQST news can expect updates on shareholder letters that outline strategic roadmaps, profitability targets, and consolidation plans across its telecom subsidiaries. These communications often discuss efforts to build a single integrated telecom corporation, expand telecom licenses into additional countries, and scale high-margin services in fintech, cybersecurity, and AI-driven offerings.
Another key news theme is IQSTEL’s AI strategy. Press releases describe the development and commercialization of AI products through its Reality Border platform, including AIRWEB, IQ2Call, and AI-powered contact center services. News items detail how these solutions integrate with the company’s telecom infrastructure and Cycurion’s ARx cybersecurity platform, as well as early commercial traction, user adoption, and sales pipelines.
IQSTEL news also covers capital structure and shareholder value initiatives, such as its NASDAQ uplisting, share-based dividend distributions, and comments on market valuation and institutional ownership. Regulatory filings summarized in news releases, including Form 8-K reports, provide additional context on stock dividends, preferred stock designations, and strategic agreements like the stock-for-stock exchange and alliance with Cycurion.
For readers interested in how a telecom services company is incorporating fintech, AI, and cybersecurity into its business model, IQST news offers insight into management’s stated plans, execution updates, and the company’s positioning within the global technology and telecom ecosystem. Regularly reviewing this news feed can help track how IQSTEL’s publicly communicated strategy and initiatives evolve over time.
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iQSTEL Inc. (OTCQX: IQST) announced a Q1 2023 revenue of $22.9 million, marking an 18% increase year-over-year. The company's gross profit reached approximately $780,000, a 36% growth compared to Q1 2022. Full-year 2022 revenue was $93.2 million, a 44% increase from 2021, with a gross profit of nearly $1.8 million. Q1 2023's gross profit already represents 43% of the gross profit reported for the entire year in 2022. CEO Leandro Iglesias expressed confidence in meeting or exceeding the $105 million revenue forecast for 2023, citing improved profit margins and operational efficiency. The company has completed 10 acquisitions since June 2018 and is preparing for a Nasdaq up-listing.
iQSTEL Inc. (OTCQX: IQST) has addressed shareholders in a letter detailing its financial results for the year ending December 31, 2022. The company reported a revenue increase of 44% over the past two years, reaching $93.2 million in 2022, with a projected $105 million for 2023. Gross profit also grew by 16.81%. While total liabilities increased, key financial ratios indicated stability, with a current ratio of 1.00. Operating expenses dropped significantly from 6.98% of revenue in 2021 to 5.35% in 2022. Despite a net loss of $6.7 million, management remains optimistic about achieving positive operating income in 2023, backed by their history of acquisitions, which have enhanced company value. iQSTEL aims for a Nasdaq uplisting and continues to focus on its mission of addressing fundamental human needs through telecommunications and other services.
iQSTEL Inc. (OTCQX: IQST) has announced plans to file an extension for its 2022 Annual Report and audited financial statement, allowing more time for review due to significant growth. Revenue is projected to rise from $13.7 million in 2018 to $93 million in 2022, fueled by both organic expansion and acquisitions. The report will consolidate results from nine operations, including new acquisitions. The company aims to meet Nasdaq up-listing standards by enhancing disclosure practices. CEO Leandro Iglesias reassures shareholders of the continued commitment to delivering strong results in the coming years.
iQSTEL Inc. (OTC-PINK: IQST) has launched the TuVolten 550 Elite, an advanced electric motorcycle, combining previous designs into a powerful new model. With a 5KW motor, it achieves speeds of 70 MPH and a range of approximately 125 miles per charge. Enhanced features include regenerative braking for increased range and several customization options. The TuVolten 550 Elite is close to completing its E-Mark certification, initiated in December 2022, with upcoming shipments to Spain for street testing. Management anticipates generating revenues and positive operating income in FY-2023.
iQSTEL Inc. (OTCQX: IQST) announced on March 27, 2023, that its Independent Board of Directors has tasked management with combating naked short selling. The management is negotiating with a specialized firm known for addressing such issues. Recent data indicates that short selling has exceeded 50% of iQST's daily trading volume on multiple occasions. CEO Leandro Iglesias highlighted shareholder concerns regarding the share price being impacted by naked short selling. The company aims to identify specific bad actors and take legal action if necessary. iQSTEL is preparing for a Nasdaq up-listing with a forecasted $105 million in revenue for FY2023.
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