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.
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 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.