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IQSTEL INC - IQST STOCK NEWS

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. (OTC-QX: IQST) is a US-based multinational telecommunications and technology company preparing for a Nasdaq up-listing. With a focus on serving basic human needs, iQSTEL provides access to communications, virtual banking, clean mobility, and information through its four Business Divisions: Telecommunications, Fintech, Electric Vehicles, and Metaverse. Recent achievements include becoming an associate Industry member of the GSMA, a global organization representing mobile network operators worldwide.

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iQSTEL (OTCQX: IQST) announces progress toward its objectives for 2022, aiming for $90 million in revenue and an uplisting to Nasdaq in the first half of the year. CEO Leandro Iglesias emphasizes commitment to these goals despite market challenges. Key initiatives include testing their EVOSS electric motorcycles, with promising demand from dealers and plans for a global fintech product launch. The company has begun the Nasdaq application process and remains optimistic about its financial performance and increased shareholder value.

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iQSTEL (OTCQX: IQST) released a letter to shareholders emphasizing its commitment to 2022 revenue and Nasdaq uplisting goals despite global conflicts. CEO Leandro Iglesias highlighted the growing need for connectivity among the immigrant population, enhanced by their voice and SMS services, and the launch of the Global Money One MAXMO fintech ecosystem. He also noted the timely introduction of the EVOSS EV Motorcycle amid rising petroleum costs. The company is pursuing two acquisitions to boost revenue, aiming for a $1 billion valuation as it completes its Nasdaq application.

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iQSTEL, Inc. (OTCQX: IQST) provided a shareholder update emphasizing business growth and plans for Nasdaq uplisting. The company forecasts $90 million in revenue and a positive net income for the fiscal year. Key highlights include January's $6.7 million in telecom revenue, advancements in IoT product installations, and the upcoming global launch of the MAXMO fintech ecosystem. Additionally, iQSTEL is progressing with its EV motorcycle line and preparing to file for Nasdaq listing. The CEO committed to keeping shareholders informed through regular online interviews.

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iQSTEL, Inc. (OTCQX: IQST) released a shareholder letter from CEO Leandro Iglesias, addressing the company's goal of achieving a Nasdaq uplisting. The company projects $64 million in revenue for 2021, with January 2022 revenue at $6.7 million—a 42% increase from January 2021. The letter highlights iQSTEL’s plans for growth in financial services and electric vehicles (EVs), leveraging the migrant remittance market. The CEO expresses optimism that future audited financial reports will enhance the share price by aligning with the company's fundamentals and growth strategies.

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iQSTEL, Inc. (OTCQX: IQST) reported a strong performance in 2021, expecting $64 million in revenue primarily from telecommunications services targeting the global migrant market of over 280 million. The company forecasts a revenue increase to $90 million in 2022 by expanding its services into financial services and electric vehicle transportation. iQSTEL is also on schedule to uplist to Nasdaq, having achieved necessary equity requirements and secured strategic investments for growth. CEO Leandro Iglesias plans to update shareholders on February 17, focusing on the company's market potential.

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iQSTEL, Inc. (OTCQX: IQST) is on track to achieve its $90 million revenue target for 2022 and aims to uplist to Nasdaq within the first half of the year. CEO Leandro Iglesias reassured shareholders that despite market volatility and inflation, the company remains committed to its goals, with no foreseeable obstacles. iQSTEL's share price is subject to market fluctuations, but the CEO expresses confidence in potential growth to meet Nasdaq's minimum listing criteria. The company operates in telecommunications, electric vehicles, and financial services across 15 countries.

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iQSTEL, Inc. (OTCQX: IQST) anticipates reporting $64 million in revenue for 2021, with a forecast of $90 million for 2022. January 2022 saw a revenue boost to $6.7 million, indicating a 42% increase from January 2021. The company aims for a Nasdaq uplisting within the first six months of 2022 and has officially entered the electric vehicle market. The CEO's recent communication emphasizes operational performance and engagement with an investment bank to aid the uplisting process.

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iQSTEL, Inc. (OTCQX: IQST) announced its CEO, Leandro Iglesias, expressed strong confidence in the company's growth trajectory towards a planned uplisting on Nasdaq in the first half of 2022. The company achieved record revenue exceeding forecasts in 2021 and plans a $90 million revenue forecast for 2022. iQSTEL is engaging with an investment bank for the uplisting process and aims to enhance shareholder value through this transition. The CEO believes that upcoming audited financial reports will support the stock price's organic rise to Nasdaq's minimum requirements.

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iQSTEL, Inc. (OTCQX: IQST) announced a significant milestone in its electric vehicle initiative, marking the production of its first batch of EV motorcycles. This achievement aligns with the company's strategy to up-list to Nasdaq in the first half of 2022. The company secured a $2.75 million investment and is finalizing a $60 million funding agreement, contingent on Nasdaq uplisting. iQSTEL anticipates revenues reaching $90 million in 2022 and aims to dominate the Latin American EV motorcycle market.

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FAQ

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

The current stock price of IQSTEL (IQST) is $0.1636 as of November 22, 2024.

What is the market cap of IQSTEL (IQST)?

The market cap of IQSTEL (IQST) is approximately 30.7M.

What is iQSTEL Inc. known for?

iQSTEL is known for its focus on serving basic human needs through telecommunications, fintech, electric vehicles, and the metaverse.

What recent achievement did iQSTEL announce?

iQSTEL recently became an associate Industry member of the GSMA, a global organization representing mobile network operators worldwide.

What are iQSTEL's core Business Divisions?

iQSTEL has four core Business Divisions: Telecommunications, Fintech, Electric Vehicles, and Metaverse.

What is iQSTEL's revenue forecast for FY-2024?

iQSTEL has a $290 Million Dollar Revenue forecast for FY-2024 with a Positive Operating Income of 7 digits.

How many acquisitions has iQSTEL completed since June 2018?

iQSTEL has completed 12 acquisitions since June 2018, showcasing its growth and expansion strategies.

IQSTEL INC

OTC:IQST

IQST Rankings

IQST Stock Data

30.71M
137.47M
1.4%
0.01%
Telecom Services
Communication Services
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United States of America
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