Latest news with #IQST
Yahoo
20-05-2025
- Business
- Yahoo
IQSTEL (NASDAQ: IQST) Issues Follow-Up Shareholder Letter Highlighting NASDAQ Benefits, $57.6M Q1 Revenue, and $14.58 Assets Per Share on Path to $1 Billion
NEW YORK, May 20, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a U.S.-based multinational technology company, today issued a follow-up shareholder letter to reinforce the strategic value of its recent NASDAQ uplisting and to highlight the company's most important operational and financial metrics. This communication outlines IQSTEL's transformation into a high-tech global enterprise, backed by strong fundamentals and a clear path to $1 billion in annual revenue by 2027. Key metrics and updates underscore why we believe our stock remains significantly undervalued: Current Assets Per Share (Q1 2025): $14.58 Current Revenue Per Share: Over $100 Current Stockholders' Equity Per Share (Q1 2025): $4.38 Current Outstanding Shares: 2.9 million Current Market Cap: 0.10x our Revenue in 2024 2025 Revenue Forecast: $340 million Year-End Run Rate Goal: $400 million Year-End Revenue Mix Goal: 80% Telecom / 20% Tech Services now supports IQST again for European-based investors IQSTEL's NASDAQ listing enhances visibility, unlocks institutional investment, increases customer confidence, and positions the company to execute larger, EBITDA-positive acquisitions without dilution. Shareholder Letter – May 20, 2025 Dear Shareholders, Just days ago, we celebrated our official listing on the NASDAQ Capital Market under the ticker IQST—a transformational milestone that opens the door to unprecedented commercial, financial, and strategic opportunities. Following this milestone, we received several thoughtful questions from our shareholders regarding the impact of this listing and our forward strategy. In response, we've prepared this Shareholder Letter to provide greater clarity and reaffirm the benefits of this moment, while summarizing the most critical indicators of IQSTEL's financial strength and long-term growth potential. Key Shareholder Takeaways Current Assets Per Share (Q1 2025): $14.58 Current Revenue Per Share: Over $100 Current Stockholders' Equity Per Share (Q1 2025): $4.38 Current Outstanding Shares: 2.9 million Current Market Cap: 0.10x our Revenue in 2024 Q1 2025 Revenue: $57.6M 2025 Revenue Forecast: $340 million Year-End Run Rate Goal: $400 million Year-End Revenue Mix Goal: 80% Telecom / 20% Tech Services Countries of Commercial Footprint : 21 Employees: 100+ Business Relationships: 600+ global interconnections Telecom Division (99% revenue stream): Positive Adjusted EBITDA and Positive Net Income now supports IQST again for European-based investors What Shareholders Can Expect as a NASDAQ Company 1. Institutional Access & Global Liquidity IQSTEL is now available to institutional funds and platforms like in the UK and Europe. Global retail and institutional investors can participate more easily in our story. 2. Commercial Trust and Growth Acceleration We already handle hundreds of millions in B2B telecom transactions annually. Our NASDAQ status boosts credibility with customers and partners—catalyzing growth. 3. Shareholder-Friendly Capital Structure Fewer than 2.9 million shares outstanding. No capital raise or dilution for the NASDAQ uplisting. All convertibles mature in Q1 2026—no short-term pressure. 4. Revaluation Opportunity IQSTEL trades at ~0.10x 2024 revenue. NASDAQ peers in telecom/tech often trade at 1.0x or more—even without profitability. 5. Strong M&A Capability Our stock is now a more attractive currency for acquiring EBITDA-positive businesses. We are actively targeting strategic acquisitions in telecom, fintech, AI, and cybersecurity. Delivering on Our Promises—Built on Execution, Not Hype At IQSTEL, we don't just set goals—we deliver on them. Over the past seven years, we've earned a reputation for consistent execution, operational discipline, and transparency. Everything we've told our nearly 20,000 shareholders we would accomplish—we have. That track record speaks louder than any forecast and forms the foundation for the next phase of our growth. Here's a summary of how we've kept our word: Sustained Revenue Growth: From $13.8 million in 2018 to $283 million in 2024—consistently meeting or exceeding our revenue forecasts year after year. Robust Corporate Governance: Audit, Compensation, and Ethics Committees are fully established, supported by an independent Board of Directors and annual shareholder meetings that ensure transparency and accountability. NASDAQ Uplisting Achieved: From Pink Sheets to QB, then OTCQX, and now NASDAQ in 2025—without a capital raise or any shareholder dilution. Enhanced Shareholder Value: Revenue Per Share now exceeds $100, a strong reflection of our disciplined approach to growth and value creation. Balance Sheet Strength: We met NASDAQ's equity requirements without raising capital—an uncommon achievement that shows the strength of our business. Equity Growth: From a negative equity position of ($1.6 million) or -$0.11 per share in 2018, to $11.6 million or $4.38 per share as of March 31, 2025. These are not projections. These are results. They represent our commitment to building a company that delivers real shareholder value—not just vision, but verifiable performance. Because We Deliver on Our Promises, These Are the Goals We Are Now Pursuing in 2025 Our consistent execution over the past seven years gives us the confidence—and credibility—to set ambitious but achievable objectives for 2025. These goals are not aspirational statements; they are measurable targets rooted in our proven ability to grow revenue, manage costs, and build shareholder value. With a scalable model, a trusted global platform, and momentum from our NASDAQ listing, we believe the following objectives are well within reach: Revenue: $340 million Adjusted EBITDA (Operating Subsidiaries): $3 million+ Net Income (Operating Subsidiaries): 7-digit Year-End Revenue Run Rate: $400 million Year-End Revenue Mix Goal: 80% Telecom / 20% Tech Strategic Acquisitions: Targeting companies with positive EBITDA and synergy potential Built for the Future IQSTEL's future is tech-driven and margin-focused. We're now leveraging our trusted telecom platform to deliver: High Tech Telecom Services: eSIM, roaming, numbering Fintech Services: remittance, mobile banking AI-Driven Customer Platforms: automation, support, lead generation Cybersecurity Solutions: tailored for telecom operators and infrastructure clients Final Thoughts IQSTEL is now a global public company with robust fundamentals, scalable operations, and powerful visibility. With strong momentum and aligned shareholder interests, we are executing our plan to reach $1 billion in revenue by 2027—profitably and sustainably. Thank you to our nearly 20,000 shareholders. The best is just beginning. If you have any questions about our NASDAQ uplisting or our 2025 goals, please don't hesitate to contact us at questions@ Sincerely, Leandro IglesiasPresident & CEOIQSTEL Inc. (NASDAQ: IQST) About IQSTEL Inc. IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. Backed by a strong and scalable business platform, the company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027. Use of Non-GAAP Financial Measures: The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets and Return on Equity as factors in the measurement and evaluation of the Company's operating performance and period-over-period growth. The Company derives these financial calculations on the basis of methodologies other than generally accepted accounting principles ("GAAP"), primarily by excluding from a comparable GAAP measure certain items the Company does not consider to be representative of its actual operating performance. These financial calculations are "non-GAAP financial measures" as defined under the SEC rules. The Company uses these non-GAAP financial measures in operating its business because management believes they are less susceptible to variances in actual operating performance that can result from the excluded items, other infrequent charges and currency fluctuations. The Company presents these financial measures to investors because management believes they are useful to investors in evaluating the primary factors that drive the Company's core operating performance and provide greater transparency into the Company's results of operations. However, items that are excluded and other adjustments and assumptions that are made in calculating these non-GAAP financial measures are significant components in understanding and assessing the Company's financial performance. These non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, the Company's GAAP financial measures. Further, because these non-GAAP financial measures are not determined in accordance with GAAP, and are thus susceptible to varying calculations, the non-GAAP financial measures, as presented, may not be comparable to other similarly-titled measures of other companies. Adjusted EBITDA is not a recognized accounting measurement under GAAP; it should not be considered as an alternative to net income, as a measure of operating results, or as an alternative to cash flow as a measure of liquidity. It is presented here not as an alternative to net income, but rather as a measure of the Company's operating performance. Adjusted EBITDA excludes, in addition to non-operational expenses like interest expenses, taxes, depreciation and amortization; items that we believe are not indicative of our operating performance, such as: Change in Fair Value of Derivative Liabilities: These adjustments reflect unrealized gains or losses that are non-operational and subject to market volatility. Loss on Settlement of Debt: This represents non-recurring expenses associated with specific financing activities and does not impact ongoing business operations. Stock-Based Compensation: As a non-cash expense, this adjustment eliminates variability caused by equity-based incentives. The Company believes Adjusted EBITDA offers a clearer view of the cash-generating potential of its business, excluding non-recurring, non-cash, and non-operational impacts. Management believes that Adjusted EBITDA is useful in evaluating the Company's operating performance compared to that of other companies in its industry because the calculation of Adjusted EBITDA generally eliminates the effects of financing, income taxes, non-cash and certain other items that may vary for different companies for reasons unrelated to overall operating performance and also believes this information is useful to investors. Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. For more information, please visit View original content to download multimedia: SOURCE iQSTEL Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
IQST - IQSTD - IQSTEL (NASDAQ: IQST) Begins Trading on NASDAQ Today -- Launches New Era as Scalable High-Tech Growth Company on Path to $1 Billion Revenue
NEW YORK, May 14, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a U.S.-based multinational technology company, proudly announces that it has officially begun trading today on The NASDAQ Capital Market under the ticker symbol IQST. This milestone marks a defining moment in the company's transformation—from a telecom operator into a scalable, high-tech global enterprise. "We are very proud to be entering the NASDAQ national exchange," said Leandro Iglesias, CEO of IQSTEL. "This uplisting is the result of years of hard work, discipline, and a long-term vision shared by our shareholders, investors, executives, employees, partners, customers, and vendors—many of whom have supported us since our beginning in June 2018 on the OTC Markets." IQSTEL's capital markets journey began with $13.8 million in revenue in 2018. Today, with a 2025 revenue forecast of $340 million and a long-term vision to reach $1 billion in annual revenue by 2027, the company continues to demonstrate consistent execution and strong scalability. "Our business model is highly scalable," added Iglesias. "We can grow revenue significantly without proportionally increasing our operating expenses. Every additional dollar in revenue has a direct impact on EBITDA and profitability—exactly the kind of leverage long-term investors seek." IQSTEL's NASDAQ Listing: A Catalyst for Shareholder Value Creation IQSTEL's uplisting to the NASDAQ Capital Market brings immediate and long-term strategic advantages across eight key dimensions: 1. Institutional Access and Global Visibility NASDAQ listing expands IQSTEL's visibility among institutional and international investors, many of whom are restricted from investing in OTC-listed or sub-$3 stocks. The uplisting strengthens brand credibility and investor trust, positioning the company on a globally recognized platform. 2. Strengthened Commercial Trust and Business Expansion Operating in over 20 countries, IQSTEL maintains thousands of B2B relationships. These partners can now easily invest in the company through mainstream brokerage channels. Large enterprise customers and vendors often prefer working with listed partners. As a NASDAQ-listed company, IQSTEL expects to see increased transaction volumes and stronger partnerships. The company's organic growth in 2024 reached nearly $100 million, and with its new visibility, that pace is expected to accelerate further. 3. Reopening International Retail Demand Previously, UK-based trading platforms enabled retail investors abroad to purchase IQSTEL shares (IQST), driving high demand. When OTC stocks were later restricted, this interest was sidelined. Now, as a NASDAQ-listed stock, IQSTEL (IQST) is once again accessible to global retail markets—reopening an important demand channel. 4. Structural Revaluation Opportunity IQSTEL currently trades at only 10% of its 2024 revenue ($283 million in 2024), representing a P/S ratio of 0.10x. In contrast, comparable NASDAQ-listed telecom and tech firms often trade at 1.0x revenue or higher, even when not profitable. With a tight float of under 3 million shares, this presents a clear opportunity for significant valuation uplift. 5. Scalable and Profitable Operations IQSTEL's platform is designed to scale without proportionally increasing costs. The company's Telecom Division is already profitable, generating both positive Adjusted EBITDA and Net Income, validating the operational model. 6. Strategic M&A and Capital Market Flexibility As a NASDAQ-listed company, IQSTEL gains access to growth capital on better terms, enhancing its acquisition strategy. The company can now use publicly traded stock as a currency for M&A deals—creating new opportunities to acquire EBITDA-positive businesses aligned with its roadmap. 7. Shareholder Alignment and No Dilution IQSTEL's uplisting was executed through a direct listing, meaning no capital raise and no dilution to current shareholders. The company's only convertible instruments are held by one long-term investor with maturity dates set for Q1 2026—creating no short-term selling pressure. 8. High-Tech Product Expansion and Strategic Evolution IQSTEL is an international telecommunications service provider, delivering voice termination, A2P SMS, international fiber-optic connectivity, and DID services to some of the largest telecom operators globally, including several listed on NASDAQ and NYSE. With this foundation of global credibility and commercial trust, the company is now executing a strategic transformation into a high-tech global corporation, focused on delivering High-Tech Telecom Services, Fintech Solutions, AI Telecom Services, and Cybersecurity Services. The first milestone in this transition is the rollout of QXTEL's white-label eSIM and Roaming Connectivity platform. It enables enterprises and mobile operators to launch their own branded offerings rapidly using QXTEL services. These services are built on IQSTEL's deeply integrated business platform, which handles hundreds of millions of dollars in telecom transactions annually—creating a powerful base for recurring high-margin growth and long-term value creation. A Vision to $1 Billion IQSTEL's NASDAQ listing is not just a milestone—it's the beginning of a new era. With a proven ability to grow organically and through acquisitions, and with operations in more than 20 countries, IQSTEL is fully equipped to scale into a $1 billion revenue corporation by 2027. "This moment belongs to every shareholder who believed in us from the beginning," concluded Iglesias. "We've built something powerful—and now, as a NASDAQ-listed company, we're ready to show the world what IQSTEL can really become." About IQSTEL Inc. IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, IQSTEL delivers high-value, high-margin services to its extensive global customer base. IQSTEL projects $340 million in revenue for FY-2025, building on its strong business platform. Use of Non-GAAP Financial Measures: The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets and Return on Equity as factors in the measurement and evaluation of the Company's operating performance and period-over-period growth. The Company derives these financial calculations on the basis of methodologies other than generally accepted accounting principles ("GAAP"), primarily by excluding from a comparable GAAP measure certain items the Company does not consider to be representative of its actual operating performance. These financial calculations are "non-GAAP financial measures" as defined under the SEC rules. The Company uses these non-GAAP financial measures in operating its business because management believes they are less susceptible to variances in actual operating performance that can result from the excluded items, other infrequent charges and currency fluctuations. The Company presents these financial measures to investors because management believes they are useful to investors in evaluating the primary factors that drive the Company's core operating performance and provide greater transparency into the Company's results of operations. However, items that are excluded and other adjustments and assumptions that are made in calculating these non-GAAP financial measures are significant components in understanding and assessing the Company's financial performance. These non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, the Company's GAAP financial measures. Further, because these non-GAAP financial measures are not determined in accordance with GAAP, and are thus susceptible to varying calculations, the non-GAAP financial measures, as presented, may not be comparable to other similarly-titled measures of other companies. Adjusted EBITDA is not a recognized accounting measurement under GAAP; it should not be considered as an alternative to net income, as a measure of operating results, or as an alternative to cash flow as a measure of liquidity. It is presented here not as an alternative to net income, but rather as a measure of the Company's operating performance. Adjusted EBITDA excludes, in addition to non-operational expenses like interest expenses, taxes, depreciation and amortization; items that we believe are not indicative of our operating performance, such as: Change in Fair Value of Derivative Liabilities: These adjustments reflect unrealized gains or losses that are non-operational and subject to market volatility. Loss on Settlement of Debt: This represents non-recurring expenses associated with specific financing activities and does not impact ongoing business operations. Stock-Based Compensation: As a non-cash expense, this adjustment eliminates variability caused by equity-based incentives. The Company believes Adjusted EBITDA offers a clearer view of the cash-generating potential of its business, excluding non-recurring, non-cash, and non-operational impacts. Management believes that Adjusted EBITDA is useful in evaluating the Company's operating performance compared to that of other companies in its industry because the calculation of Adjusted EBITDA generally eliminates the effects of financing, income taxes, non-cash and certain other items that may vary for different companies for reasons unrelated to overall operating performance and also believes this information is useful to investors. Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. For more information, please visit View original content to download multimedia: SOURCE iQSTEL
Globe and Mail
27-01-2025
- Business
- Globe and Mail
Setting the Stage for Explosive Growth with $1 Billion Revenue Target by 2027 iQSTEL Inc. (Stock Symbol: IGST)
$IQST is Expanding into Fintech, AI, and Cybersecurity, iQSTEL's Strategic Vision Captures Investor Attention iQSTEL Inc. (Stock Symbol: $IQST), a US-based multinational company, is making waves in the technology and telecommunications sectors with its ambitious growth strategy. With a projected $277 million in net revenue for 2024 and $340 million in 2025, iQSTEL is positioning itself as a major player in diverse, high-margin industries, including fintech, artificial intelligence (AI), and cybersecurity. Key Milestones: Record-Breaking Revenue: iQSTEL's Q4 2024 net revenue soared to $96 million, a staggering 77% increase over Q3's $52 million. The company achieved an impressive $277 million in preliminary 2024 net revenue, reflecting 91.6% year-over-year growth from 2023's $144.5 million. Strong 2025 Revenue Forecast: With a $340 million revenue projection, iQSTEL continues to focus on organic growth, strategic acquisitions, and high-margin product expansion. NASDAQ Uplisting on the Horizon: iQSTEL is actively progressing toward a NASDAQ listing. Notably, the company has committed to no reverse stock split until the uplisting process is complete, signaling a focus on shareholder value. Diversified Growth Strategy iQSTEL has rebranded as a dynamic holding company, expanding its focus from telecommunications to fintech, AI, and cybersecurity. This transformation aligns with the company's mission of addressing modern human needs, such as access to financial freedom, clean mobility, and advanced communications tools. Business Divisions Driving Growth Telecommunications Services: Offering VoIP, SMS, international fiber-optic connectivity, IoT solutions, and a proprietary mobile portability blockchain platform. Fintech: Providing financial inclusivity through remittance services, top-up services, Mastercard debit cards, and US bank accounts. Electric Vehicles (EV): Launching innovative mobility solutions, including electric motorcycles and a planned mid-speed car. AI Services: Revolutionizing customer engagement with AI-driven unified platforms and a 3D virtual interface for seamless services and entertainment. Cybersecurity: Partnering with Cycurion to deliver cutting-edge solutions like 24/7 monitoring, threat detection, and compliance management. A Proven Record of Acquisitions and Expansion Since 2018, iQSTEL has completed 11 acquisitions, with plans for more as part of its M&A campaign. These acquisitions enhance its product portfolio and drive synergistic growth among its subsidiaries, which collectively contributed over $300 million in gross revenue in 2024. Innovation Meets Execution iQSTEL's rebranding, guided by strategic marketing partner ONAR, is central to its transformation. The company aims to compete on the global stage with a revamped identity that highlights its adaptability and technological prowess. Projected $1 Billion Revenue by 2027 Through a combination of organic growth, high-margin products, and strategic acquisitions, iQSTEL is well-positioned to achieve its ambitious goal of $1 billion in annual revenue by 2027. Why Investors Should Pay Attention With record-breaking revenues, a diversified business model, and bold expansion into emerging markets like AI and cybersecurity, iQSTEL is emerging as a strong contender in the tech and telecommunications industries. The company's forward-thinking strategies, commitment to shareholder value, and focus on addressing global challenges make it a compelling investment opportunity. Investors and industry stakeholders alike will find iQSTEL's growth trajectory and diversified portfolio indicative of a transformative leader in the making. For more information on IQST: Disclosure listed on the CorporateAds website Media Contact Company Name: IQSTEL Inc. Contact Person: Leandro Jose Iglesias, President and CEO Email: Send Email Phone: +1 954-951-8191 Address: 300 Aragon Avenue Suite 375 City: Coral Gables State: Florida 33134 Country: United States Website:
Associated Press
27-01-2025
- Business
- Associated Press
Setting the Stage for Explosive Growth with $1 Billion Revenue Target by 2027 iQSTEL Inc. (Stock Symbol: IGST)
$IQST is Expanding into Fintech, AI, and Cybersecurity, iQSTEL's Strategic Vision Captures Investor Attention iQSTEL Inc. (Stock Symbol: $IQST), a US-based multinational company, is making waves in the technology and telecommunications sectors with its ambitious growth strategy. With a projected $277 million in net revenue for 2024 and $340 million in 2025, iQSTEL is positioning itself as a major player in diverse, high-margin industries, including fintech, artificial intelligence (AI), and cybersecurity. Key Milestones: Record-Breaking Revenue: iQSTEL's Q4 2024 net revenue soared to $96 million, a staggering 77% increase over Q3's $52 million. The company achieved an impressive $277 million in preliminary 2024 net revenue, reflecting 91.6% year-over-year growth from 2023's $144.5 million. Strong 2025 Revenue Forecast: With a $340 million revenue projection, iQSTEL continues to focus on organic growth, strategic acquisitions, and high-margin product expansion. NASDAQ Uplisting on the Horizon: iQSTEL is actively progressing toward a NASDAQ listing. Notably, the company has committed to no reverse stock split until the uplisting process is complete, signaling a focus on shareholder value. Diversified Growth Strategy iQSTEL has rebranded as a dynamic holding company, expanding its focus from telecommunications to fintech, AI, and cybersecurity. This transformation aligns with the company's mission of addressing modern human needs, such as access to financial freedom, clean mobility, and advanced communications tools. Business Divisions Driving Growth Telecommunications Services: Offering VoIP, SMS, international fiber-optic connectivity, IoT solutions, and a proprietary mobile portability blockchain platform. Fintech: Providing financial inclusivity through remittance services, top-up services, Mastercard debit cards, and US bank accounts. Electric Vehicles (EV): Launching innovative mobility solutions, including electric motorcycles and a planned mid-speed car. AI Services: Revolutionizing customer engagement with AI-driven unified platforms and a 3D virtual interface for seamless services and entertainment. Cybersecurity: Partnering with Cycurion to deliver cutting-edge solutions like 24/7 monitoring, threat detection, and compliance management. A Proven Record of Acquisitions and Expansion Since 2018, iQSTEL has completed 11 acquisitions, with plans for more as part of its M&A campaign. These acquisitions enhance its product portfolio and drive synergistic growth among its subsidiaries, which collectively contributed over $300 million in gross revenue in 2024. Innovation Meets Execution iQSTEL's rebranding, guided by strategic marketing partner ONAR, is central to its transformation. The company aims to compete on the global stage with a revamped identity that highlights its adaptability and technological prowess. Projected $1 Billion Revenue by 2027 Through a combination of organic growth, high-margin products, and strategic acquisitions, iQSTEL is well-positioned to achieve its ambitious goal of $1 billion in annual revenue by 2027. Why Investors Should Pay Attention With record-breaking revenues, a diversified business model, and bold expansion into emerging markets like AI and cybersecurity, iQSTEL is emerging as a strong contender in the tech and telecommunications industries. The company's forward-thinking strategies, commitment to shareholder value, and focus on addressing global challenges make it a compelling investment opportunity. Investors and industry stakeholders alike will find iQSTEL's growth trajectory and diversified portfolio indicative of a transformative leader in the making. Media Contact Company Name: IQSTEL Inc. Phone: +1 954-951-8191 Address:300 Aragon Avenue Suite 375 City: Coral Gables State: Florida 33134 Country: United States
