Iqstel - IQST STOCK NEWS

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Overview of iQSTEL Inc. (IQST)

iQSTEL Inc. (OTCQX: IQST) is a US-based, multinational publicly listed corporation specializing in telecommunications and cutting-edge technology solutions. With a diversified portfolio that spans telecommunications, fintech, electric vehicles (EV), artificial intelligence (AI), and cybersecurity, iQSTEL is committed to delivering essential tools and services that address modern human needs. Its mission is to make these tools accessible to all, regardless of socioeconomic status, race, or geographic location. The company is in the advanced stages of preparing for a Nasdaq uplisting, reflecting its growth trajectory and commitment to long-term shareholder value.

Core Business Areas

iQSTEL operates through four primary business divisions:

Telecommunications: The cornerstone of iQSTEL's operations, offering international voice, SMS, and connectivity services. The company serves Tier-1 global carriers and enterprises with over 400 high-value network interconnections worldwide. Recent strategic acquisitions and platform consolidations aim to enhance operational efficiency and profitability.
Fintech: Focused on providing virtual banking solutions that empower financial freedom. iQSTEL leverages its telecommunications infrastructure to offer innovative financial services, creating synergies across its divisions.
Electric Vehicles (EV): The company is developing clean and affordable mobility solutions, including EV motorcycles and mid-speed cars, aligning with global sustainability trends.
Artificial Intelligence and Cybersecurity: iQSTEL recently launched AI-driven solutions like AIRWEB.ai, a multilingual customer engagement platform, and partnered with Cycurion to offer advanced cybersecurity services. These initiatives position the company in high-margin, high-growth markets.

Revenue Model and Growth Strategy

iQSTEL's revenue model combines organic growth with strategic acquisitions. Since 2018, the company has completed 11 acquisitions, integrating complementary businesses to expand its service offerings and geographic reach. Its telecommunications division remains the primary revenue driver, contributing consistent profitability. High-margin products in AI, cybersecurity, and fintech are increasingly significant, offering potential for scalable growth. The company reported $277 million in revenue for FY2024, nearly doubling its revenue from the previous year, demonstrating its rapid expansion and operational effectiveness.

Competitive Positioning

iQSTEL operates in highly competitive markets, facing established players in telecommunications and emerging competitors in fintech and AI. Its competitive advantages include a robust global network, a diversified portfolio, and a strategic focus on high-margin products. By leveraging its existing customer base and interconnections, iQSTEL is well-positioned to cross-sell its innovative solutions, enhancing customer loyalty and revenue streams.

Commitment to Shareholder Value

The company emphasizes responsible capital structure management, maintaining a disciplined approach to share issuance. It has met most Nasdaq uplisting requirements, including shareholder equity thresholds, and plans to align any potential reverse stock split with its uplisting to maximize shareholder value. iQSTEL's management team, holding significant equity stakes, is deeply invested in the company's success.

Global Reach and Operational Strength

With a presence in over 20 countries and operations spanning 17 time zones, iQSTEL delivers 24/7 services to clients worldwide. Its strategic partnerships and acquisitions have strengthened its foothold in key markets, including Europe, Latin America, and the Middle East.

Conclusion

iQSTEL Inc. represents a dynamic blend of innovation, strategic growth, and commitment to accessibility. Its diversified portfolio and focus on high-margin, technology-driven products position it as a significant player in telecommunications and beyond. As it continues to scale and prepare for a Nasdaq uplisting, iQSTEL remains committed to delivering value to its shareholders and customers alike.

02/13/2024 08:00 AM

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IQST - iQSTEL CEO Highlights Progress Since QXTEL Acquisition Announcement

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iQSTEL Inc. CEO Leandro Iglesias updates shareholders on the progress after acquiring QXTEL, reaching $17 million in revenue in January. The combined management teams are working together efficiently, identifying new business opportunities. The company is securing bridge financing for the acquisition and planning further strategic growth through an S-1 Registration Statement and stock options for potential acquisitions in 2024.

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02/08/2024 08:00 AM

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IQST - iQSTEL Publishes Pro Forma Financial Statement in Conjunction with QXTEL Acquisition

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iQSTEL Inc. announced the publication of a Pro Forma financial statement on SEC Form 8K/A in relation to the acquisition of QXTEL, resulting in an annual revenue of a quarter billion. The Super 8K represents the combination of financial results of iQSTEL and QXTEL from January 1, 2023, through September 30, 2023, showing significant increases in total assets, stockholders' equity, net revenues, and gross profit. QXTEL contributed $0.98 million in Operating Income and $0.78 million in Net Income over the 9 months. The CEO expects 2024 to be the company's best year financially, with $17 million in revenue for January 2024 before QXTEL's contribution.

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02/06/2024 07:33 AM

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IQST - iQSTEL Books $17 Million In Revenue For Month Of January 2024

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iQSTEL Inc. announced a revenue of $17 million for January 2024, with an increase in gross profit compared to December. The company anticipates a remarkable year ahead, especially after the recent acquisition of QXTEL, which is expected to boost its annual revenue to a quarter billion. Additionally, iQSTEL has achieved positive operating income in Q3 2023, with a steady increase in gross margin since then.

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01/24/2024 11:49 AM

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IQST - iQSTEL CEO Presents Acquisition of QXTEL as Hockey Stick Growth Curve Event

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iQSTEL Inc. released a letter to shareholders from CEO Leandro Iglesias following the acquisition of QXTEL. The acquisition, expected to be executed in 60 days, will result in iQSTEL acquiring 51% of QXTEL's capital stock. The deal is expected to nearly double iQSTEL's annual revenue, with QXTEL bringing in new customers, improved operating margins, and executive talent. The acquisition will also increase iQSTEL's revenue per share by 75%. QXTEL's global presence and top telecommunication executive talent are highlighted as key benefits. The leadership of both companies shares the vision of becoming one of the 10 largest wholesale telecommunication service providers in the world.

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01/22/2024 08:00 AM

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IQST - iQSTEL and QXTEL Announce a Deal To Become Quarter Billion Revenue Corporation

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iQSTEL Inc. (IQST) has announced an agreement to acquire 51% of QXTEL LTD., a London-based Telecommunications Services Provider, adding QXTEL to its Telecom Division. The addition of QXTEL is expected to add over $80 million in annual revenue, with combined sales projected to reach $250 million annually. iQSTEL achieved a consolidated positive operating income in Q3 of 2023, ahead of forecast, and expects the addition of QXTEL to further boost its Telecom Division to forecast $3 million of positive operating income annually. The founders and management of QXTEL share iQSTEL's vision to become one of the major international wholesale telecommunications operators, providing voice, messaging, and enhanced value-added services. The acquisition is expected to put the combined company in the select list of top operators. The companies expect to finalize and close the acquisition agreement within the next 60 days, with additional details to be released before the IQSTEL shareholders meeting.

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01/11/2024 10:12 AM

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IQST - iQSTEL 2023 Revenue Increases By 50% To $140M Delivering Revenue Per Share (RPS) Of $0.81

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iQSTEL Inc. (IQST) reports a 50% revenue growth to $140 million in 2023, delivering $0.81 per share compared to $0.57 per share in 2022. The company's gross margin increased in Q4-2023, with operating income turning positive ahead of schedule in Q3-2023. Management anticipates continued rapid growth in revenue and margins in 2024.

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01/05/2024 10:29 AM

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IQST - iQSTEL Shatters 2023 $120 Million Revenue Forecast Reaching $140 Million

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iQSTEL Inc. (IQST) exceeded its 2023 $120 million annual revenue forecast, reaching $140 million based on preliminary accounting. The company's gross margin continued to grow in Q4 after the operating income turned positive ahead of schedule in Q3. Management plans to revise its original $145 million 2024 annual revenue forecast upward. The company filed a Definitive Proxy Statement for an upcoming annual shareholder meeting scheduled on Wednesday January 31, 2024, at 10 am (EST).

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12/12/2023 09:21 AM

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IQST - iQSTEL Exceeds $120 Million 2023 Annual Revenue Forecast Before EOY

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iQSTEL Inc. (OTC-QX: IQST) has exceeded its FY-2023 $120 million annual revenue forecast based on preliminary accounting. The company CEO, Leandro Iglesias, has published the first of two shareholder letters to review the highlights of the company's 2023 performance and outline plans for continued growth in 2024. The company also announced a $145 million revenue forecast for FY-2024, excluding contributions from anticipated acquisitions. iQSTEL has achieved consolidated operational profitability earlier than anticipated and aims to maintain it. The company is optimistic about a reduction in interest rates and improving investment environment for growth companies in 2024. iQSTEL plans to increase revenue and bottom line contribution of its Telecommunications division and reduce Pubco expenses. The company is also looking forward to two target telecommunication acquisitions in 2024 and aims to uplist to Nasdaq.

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11/30/2023 10:40 AM

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IQST - iQSTEL Announces $145 Million 2024 Annual Revenue Forecast

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iQSTEL Inc. (IQST) announces a $145 million revenue forecast for FY 2024, expecting to exceed its $120 million FY 2023 forecast. With a recent 81% revenue growth in Q3 FY 2023 to $39.8 million and positive operating income, the company attributes its success to streamlined operations, standard operating procedures, and new product offerings. iQSTEL aims to increase gross margins and anticipates further growth, demonstrating a 10x revenue increase since 2018 and plans to up-list to Nasdaq.

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11/16/2023 09:00 AM

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IQST - iQSTEL Announces YTD Revenue Exceeding $110M After Reporting Profitable Q3

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iQSTEL Inc. (OTC-QX: IQST) announced that its year-to-date revenue exceeds $110 million, with Q3 FY2023 revenue reaching a record high of $39.8 million, an 81% increase over the previous year. The company achieved positive operating and net income in Q3, one quarter earlier than forecasted. These results position iQSTEL for continued growth and potential uplisting to Nasdaq.

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FAQ

What is the current stock price of Iqstel (IQST)?

The current stock price of Iqstel (IQST) is $0.151 as of March 4, 2025.

What is the market cap of Iqstel (IQST)?

The market cap of Iqstel (IQST) is approximately 42.6M.

What does iQSTEL Inc. do?

iQSTEL Inc. is a multinational corporation specializing in telecommunications, fintech, electric vehicles, artificial intelligence, and cybersecurity solutions.

How does iQSTEL generate revenue?

iQSTEL generates revenue through telecommunications services, high-margin technology solutions, and strategic acquisitions. Its telecom division remains the primary revenue driver.

What markets does iQSTEL operate in?

iQSTEL operates globally, serving clients in telecommunications, fintech, EV, AI, and cybersecurity sectors across Europe, Latin America, the Middle East, and beyond.

What is iQSTEL's growth strategy?

iQSTEL focuses on organic growth, high-margin product development, and strategic acquisitions to expand its portfolio and increase profitability.

What are iQSTEL's plans for Nasdaq uplisting?

iQSTEL is in advanced stages of preparing for a Nasdaq uplisting, having met most requirements. Any reverse stock split will align with the uplisting to maximize shareholder value.

What competitive advantages does iQSTEL have?

iQSTEL's competitive advantages include a robust global network, a diversified portfolio, and a strategic focus on high-margin products like AI and cybersecurity.

How does iQSTEL ensure shareholder value?

iQSTEL emphasizes responsible capital management, maintaining a disciplined approach to share issuance, and aligning strategic initiatives with long-term shareholder value.

What is iQSTEL's mission?

iQSTEL's mission is to make essential tools accessible globally, addressing modern human needs across telecommunications, financial freedom, mobility, and information.