Iqstel Stock Price, News & Analysis

IQSTEL Inc. (OTC QX: IQST) reported strong financial performance in 2024 with revenue of $283.2 million, representing a 95.9% year-over-year increase. The company achieved $1.40 revenue per share and expanded its asset base to $79 million, a 257% increase. Stockholders' equity rose to $11.9 million, up 48% year-over-year.

The company announced two strategic moves: an MOU to acquire a 51% stake in GlobeTopper, expected to push revenue toward a $400 million run rate, and an agreement to sell ItsBchain subsidiary with plans to distribute $500,000 worth of ASII shares to shareholders. IQSTEL maintains its target of reaching $1 billion in revenue by 2027, focusing on telecommunications, fintech, cybersecurity, and AI services.

For 2025, IQSTEL forecasts $340 million in revenue, with potential to reach $400 million run rate if the GlobeTopper acquisition completes. The company's Telecom Division generated $2.5 million in adjusted EBITDA and $1.7 million in Net Income in 2024.

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.