Iqstel (IQST) Stock News

IQSTEL (NASDAQ: IQST) reported preliminary revenue of $77.8 million for January-April 2025, marking a 12% increase from the same period in 2024. The company reaffirmed its full-year revenue guidance of $340 million and projects reaching a $400 million run rate by year-end, boosted by the acquisition of fintech company GlobeTopper. IQSTEL expects to generate over $3 million in adjusted EBITDA in 2025 with positive net income. The company's recent NASDAQ uplisting and strategic expansion into fintech support its vision to achieve $1 billion in revenue by 2027. The revenue mix is projected to be 80% telecom and 20% fintech-tech by the end of 2025.

IQSTEL Inc. (NASDAQ: IQST), a multinational technology company, has completed its NASDAQ uplisting and announced significant developments including the acquisition of a 51% stake in GlobeTopper. The company operates across 21 countries, serving over 600 telecom operators through divisions in telecommunications, fintech, AI, and cybersecurity. Q1 2025 showed strong performance with $57.6M revenue and improving margins. IQSTEL reported 2024 revenue of $283.2M (+95.9% YoY) and projects $340M for 2025, targeting $1B by 2027. The GlobeTopper acquisition, expected to contribute $65M in profitable revenue, strengthens IQSTEL's fintech division alongside its existing GlobalMoneyOne platform. The company plans to invest $1.2M over two years to accelerate GlobeTopper's growth, maintaining its CEO Craig Span to lead operations.

IQSTEL (NASDAQ: IQST) has executed a definitive agreement to acquire 51% of GlobeTopper, a fintech company operating across America, Europe, and Africa, effective July 1, 2025. The acquisition, valued at up to $700,000, includes $200,000 in cash and $500,000 in restricted stock, with additional performance-based earn-outs. GlobeTopper is projected to generate over $65 million in profitable revenue in 2025. The deal aims to leverage IQSTEL's network of 600+ telecom operators to scale GlobeTopper's fintech products globally. IQSTEL plans to invest up to $1.2 million over 2 years to accelerate GlobeTopper's growth, contingent on meeting quarterly targets. This strategic move supports IQSTEL's goal of reaching a $400 million revenue run rate by end-2025 and $1 billion revenue by 2027. GlobeTopper's CEO Craig Span will maintain his position, ensuring leadership continuity.

IQSTEL (NASDAQ: IQST) has released an updated Investor Deck as part of its strategy to attract long-term institutional and family office investors. The company, operating in over 20 countries with 600+ global business relationships, aims to achieve $1 billion in revenue by 2027. IQSTEL forecasts $340 million revenue for 2025 with a $400 million year-end run rate, with 20% coming from high-tech services.

The company completed its NASDAQ uplisting through a direct listing without raising capital, with convertible instruments maturing in Q1 2026. IQSTEL's business spans telecom, eSIM, roaming, cloud, fintech, AI platforms, and cybersecurity, showcasing its transformation from a telecom operator to a high-margin technology platform.

IQSTEL (NASDAQ: IQST) has issued a follow-up shareholder letter highlighting its recent NASDAQ uplisting and strong Q1 2025 performance. The company reported Q1 2025 revenue of $57.6M and impressive metrics including $14.58 in assets per share and $4.38 in stockholders' equity per share. With only 2.9 million outstanding shares, IQSTEL forecasts 2025 revenue of $340 million and targets a year-end run rate of $400 million. The company operates in 21 countries with 600+ global interconnections, maintaining a revenue mix of 80% Telecom and 20% Tech Services. IQSTEL's Telecom Division, representing 99% of revenue, reports positive Adjusted EBITDA and Net Income. The company aims to reach $1 billion in annual revenue by 2027, focusing on high-tech telecom services, fintech, AI, and cybersecurity solutions.

IQSTEL (NASDAQ: IQST) released its Q1 2025 financial results in its first shareholder letter since uplisting to NASDAQ. The company reported Q1 revenue of $57.6M (up 12% YoY) with gross profit of $1.93M (up 40% YoY). The telecom division achieved $0.59M in Adjusted EBITDA and $0.25M in Net Income. Stockholders' equity reached $11.6M ($4.38 per share). QXTEL subsidiary contributed 37% of total revenue. The company aims to reach a $400M run rate by year-end, with 20% from tech services. IQSTEL reaffirmed its strategic vision to achieve $1B in annual revenue by 2027 through expansion in telecom, fintech, AI, and cybersecurity services. For FY-2025, IQSTEL targets $340M in revenue and over $3M in Adjusted EBITDA from operating subsidiaries.

IQSTEL (NASDAQ: IQST) has successfully uplisted from OTC Markets to the NASDAQ Capital Market, marking a significant transformation from a telecom operator to a global high-tech enterprise. The company, which started with $13.8M revenue in 2018, forecasts $340M revenue in 2025 and aims to reach $1B by 2027. Operating in over 20 countries, IQSTEL provides telecom services, including voice termination, A2P SMS, and international fiber-optic connectivity. The direct listing involves no capital raise or dilution, with a tight float under 3M shares. The company's Telecom Division is already profitable, and it's expanding into eSIM, Roaming Connectivity, Fintech, AI Telecom, and Cybersecurity services.

IQSTEL Inc. (IQST) has announced its uplisting from OTCQX to the NASDAQ Capital Market, with trading set to commence on May 14th, 2025, under the ticker symbol IQST. The company has evolved from a telecom operator to a global technology enterprise since its 2018 inception, growing from initial revenue of $13.8 million to setting an ambitious target of $1 billion in annual revenue by 2027.

This NASDAQ uplisting represents a strategic milestone that aims to enhance investor visibility, provide access to institutional capital, and facilitate the company's growth trajectory through improved valuation alignment with peers and increased capability for strategic acquisitions.

IQSTEL (OTCQX: IQSTD) announces a strategic transformation from a telecom provider to a high-tech innovator, led by its subsidiary QXTEL. The company unveiled its new eSIM and Roaming Connectivity Services platform at ITW 2025 in Washington, D.C. The white-label platform offers complete MVNO solutions including IMSI ownership, network infrastructure, and data roaming agreements with 40+ mobile operators. QXTEL's CEO Tolga Alemdar outlined a three-year plan focusing on high-tech telecom services while maintaining existing operations. IQSTEL aims to reach $1 billion in annual revenue by 2027 and is pursuing a NASDAQ uplisting. The company believes this transformation, combined with its tight capital structure, positions it for significant growth and potential shareholder value appreciation as it transitions from a telecom provider to a technology powerhouse.