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.

ONAR has announced a new mid-six-figure partnership with iQSTEL (IQST) to lead their rebranding and marketing initiatives. The contract, finalized in October 2024, comes as iQSTEL reports exceptional Q4 FY24 results, with net revenue reaching $96 million, representing a 77% increase from Q3's $52 million.

Through its agency Storia, ONAR will focus on enhancing iQSTEL's visual identity, refining their brand story, and strengthening their market positioning in telecommunications, fintech, and technology sectors. The partnership aims to develop a consistent brand image and clear messaging strategy to effectively communicate iQSTEL's value proposition to target audiences.

iQSTEL Inc. (OTCQX: IQST) has reported preliminary net revenue of $277 million for 2024, achieving 95% of its annual forecast and marking a 91.6% increase from $144.5 million in 2023. The company achieved a record-breaking Q4 performance with $96 million in net revenue, representing a 77% increase from Q3's $52 million.

On a gross revenue basis, iQSTEL reached $300 million, with approximately $23 million attributed to intercompany transactions, representing 7.6% of gross revenue. This performance aligns with the company's vision of becoming a $1 billion revenue company by 2027. The company is preparing for a Nasdaq up-listing, highlighting its strong growth trajectory in the telecommunications and technology sectors.

ONAR Holdings (OTCQB:RELT) released its Q3 2024 results, highlighting significant growth following its reverse merger announced in Q2 2024. The company reported a 57% increase in consolidated revenue for the nine months ending September 30, 2024, compared to the same period last year. Notable achievements include a reduction in Cost of Revenues by nearly $250,000, and a cash balance increase of approximately $0.5 million compared to December 31, 2023.

The company expanded its global workforce, with 60% of employees now spread across five continents. ONAR also formed a strategic alliance with iQSTEL (OTCQX:IQST) for market presence enhancement and technology sharing. The company maintains its commitment to reaching $100 million in revenue and uplisting to NASDAQ, with plans to establish an Independent Board of Directors in Q1 2025.