Latest news with #iQSTEL
Globe and Mail
8 hours ago
- Business
- Globe and Mail
$77.8 Million in Revenue Through April 2025, Confirms Full-Year Guidance and Fast-Track to 400 Million Run Rate and $1 Billion Target After Key Fintech Acquisition: iQSTEL, Inc. (Nasdaq: IQST)
$IQST Current Plans Include $1 Million Subsidiary Sale with Stock Dividend to Shareholders Diversified Business with Divisions Focused on Telecommunications, Fintech, Electric Vehicles, Artificial Intelligence and More. Organic Growth, Acquisitions and High-Margin Product Expansion. New Rebrand Program with Expansion into Fintech, AI and Cybersecurity to Address Challenges Across Multiple Industries. Completed 11 Acquisitions Since 2018 and Actively Pursuing More. Accelerating Rollout of Cutting-Edge eSIM and Roaming Connectivity Services. Preliminary Net Revenue for First Four Months of 2025 Totaled Approximately $77.8 Million. $57.6M Q1 Revenue Reaffirms Path to $1 Billion by 2027. $11.6 Million in Stockholders' Equity or $4.38 Per Common Share. Successful NASDAQ Uplisting with No Capital Raise or Shareholder Dilution. Definitive Agreement to Acquire 51% of GlobeTopper fintech innovator with operations across America, Europe, and Africa, Effective July 1, 2025. MOU for Strategic Sale of BChain Subsidiary to Accredited Solutions, Inc. (ASII). IQST Shareholders to Receive ASII Common Shares as a Dividend as Part of Nasdaq Uplisting Plan. iQSTEL, Inc. (Nasdaq: IQST) offers cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, IQST delivers high-value, high-margin services to its extensive global customer base. IQST projects $340 million in revenue for FY-2025, building on its strong business platform. IQST has been building a strong business platform with its customers, selling them millions of dollars per month, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. IQST is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion. Preliminary $77.8 Million in Revenue Through April 2025 -- Confirms Full-Year Guidance and Fast-Track to $400M Run Rate On June 5th IQST announced that its preliminary net revenue for the first four months of 2025 totaled approximately $77.8 million, continuing the company's strong growth momentum and reinforcing its confidence in full-year revenue guidance. This preliminary figure reflects a 12% increase compared to the same period in 2024, highlighting the strength and consistency of IQST organic growth across its core telecom operations. IQST operating business anticipates generating over $3 million in adjusted EBITDA in 2025, with positive net income in the seven-digit range, driven by operational efficiencies, scalability, and its increasing focus on high-margin services. IQST continues to execute its strategic roadmap to become a $1 billion revenue company by 2027, combining organic growth, targeted acquisitions, and expansion in key technology sectors, including cybersecurity, AI, managed services, and fintech. The recent IQST uplisting to NASDAQ has already begun to catalyze momentum. The increased visibility and credibility among institutional investors are expected to unlock new strategic opportunities and financial partnerships. Rapid Global Fintech Expansion with GlobeTopper Acquisition — Fast-Tracking $1 Billion Growth Plan On May 29th IQST announced the execution of a definitive agreement to acquire 51% of GlobeTopper ( — a dynamic fintech innovator with operations across America, Europe, and Africa. The transaction becomes effective July 1, 2025. GlobeTopper's strong market positioning is evident in its current standalone performance — planning to generate over $65 million in profitable revenue in 2025 alone. Its financial outlook for the next three years reflects steady growth and operational momentum. The IQST goal is to take GlobeTopper's innovative fintech products and services and scale them globally through IQSTEL's powerful commercial platform — which already reaches over 600 of the largest telecom operators around the world. In parallel, GlobeTopper's existing client base — including prominent multinational brands — opens the door for IQST to expand its reach into new sectors, allowing deeper penetration into the enterprise and global brand markets. Together, IQST and GlobeTopper plan lead the next wave of convergence between fintech and telecommunications in high-value markets across Africa, Europe, and the Americas. As part of the transaction, Craig Span will continue in his role as CEO of GlobeTopper, ensuring leadership continuity and seamless integration into the IQST Fintech Division. GlobeTopper will collaborate with co-developing a 3-year business plan to position itself as a top-tier player in the global fintech ecosystem. The deal puts IQST firmly on track to reach a $400 million revenue run rate and achieve a targeted 80% telecom / 20% tech revenue mix by the end of this year. This acquisition strengthens the IQST position as a high-margin, tech-focused growth platform, advancing its $1 billion revenue goal by 2027. Additionally, IQST plans to invest up to $1.2 million over the next 2 yearsto accelerate GlobeTopper's growth and product roadmap. Follow-Up Shareholder Letter Highlighting NASDAQ Benefits, $57.6M Q1 Revenue, and $14.58 Assets Per Share on Path to $1 Billion On May 20th IQST 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. IQST has celebrated its official listing on the NASDAQ Capital Market, a transformational milestone that opens the door to unprecedented commercial, financial, and strategic opportunities. IQST management has now prepared a new Shareholder Letter 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 IQST Shareholders Can Expect as a NASDAQ Company 1. Institutional Access & Global Liquidity IQST is now available to institutional funds and platforms like in the UK and Europe. Global retail and institutional investors can participate more easily. 2. Commercial Trust and Growth Acceleration IQST already handles hundreds of millions in B2B telecom transactions annually. 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 IQST trades at ~0.10x 2024 revenue. NASDAQ peers in telecom/tech often trade at 1.0x or more—even without profitability. Strong M&A Capability IQST stock is now a more attractive currency for acquiring EBITDA-positive businesses. IQST is actively targeting strategic acquisitions in telecom, fintech, AI, and cybersecurity. With a scalable model, a trusted global platform, and momentum from the NASDAQ listing, IQST believes 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 IQST is now leveraging its 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 IQST Reports $57.6M Q1 Revenue in First NASDAQ Shareholder Letter, Reaffirms Path to $1 Billion by 2027 as Global Tech Evolution Accelerates On May 15th IQST released its Q1 2025 Shareholder Letter—its first since being uplisted to the NASDAQ Capital Market. In the letter, CEO Leandro Iglesias detailed the company's performance, strategic vision, and transformation into a high-tech multinational on course to reach $1 billion in annual revenue by 2027. Over the past seven years, I QST has consistently delivered on every major commitment to shareholders including: Sustained Revenue Growth: From $13.8 million in 2018 to $283 million in 2024, consistently meeting or exceeding annual forecasts. Robust Corporate Governance: Fully established Audit, Compensation, and Ethics Committees; an independent Board of Directors; and annual shareholder meetings supporting transparency and accountability. IQST Uplisting from Pink to QB to OTCQX, culminating in a NASDAQ listing in 2025—with no capital raise or shareholder dilution. Enhanced Shareholder Value: Revenue Per Share now exceeds $100, reflecting disciplined growth and execution. Equity Growth: IQST net stockholders' equity improved from ($1.6 million) or -$0.11 per share in 2018 to $11.6 million or $4.38 per common share as of March 31, 2025—a powerful indicator of the value we've created over time. IQST business has now reached critical mass in terms of infrastructure, scale, and market presence. With over 100 employees operating across more than 20 countries, and 600+ business relationships involving direct network interconnections, IQST has built a platform that is both robust and difficult to replicate. This unique foundation positions IQST to introduce and scale high-margin, high-tech services including: High Tech Telecom Solutions: eSIM, roaming, and cloud numbering Fintech Services: digital payments and mobile banking AI Telecom Services: automation, customer support, lead generation Cybersecurity Services: enterprise-grade telecom infrastructure protection The IQST 2025 roadmap is focused on profitable growth, operational scale, and long-term value creation: For more information on $IQST visit: 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
09-04-2025
- Business
- Associated Press
Exclusive Interview by CorporateAds with Leandro Iglesias, CEO of IQSTEL, Inc. (Symbol: IQST) Regarding the Company's Strong Revenue Growth on Track to $1 Billion by 2027
IQSTEL Inc. (OTC QX: IQST) is a U.S.-based multinational technology company in the final stages of becoming listed on Nasdaq. IQSTEL's mission is to empower lives by delivering essential, technology-driven solutions that meet modern human needs. IQSTEL believes that in today's interconnected world, basic human aspirations—such as security, connection, opportunity, and growth—depend on reliable access to communication, financial tools, sustainable mobility, and intelligent services. Through its growing portfolio in telecommunications, fintech, cybersecurity, and AI services, IQSTEL is building a platform that bridges the gap between innovation and inclusion, enabling people everywhere to thrive. IQSTEL is strategically positioned to achieve $1 billion in revenue by 2027, driven by organic growth, targeted acquisitions, and the commercialization of innovative technology offerings. iQSTEL Divisions and Offerings Telecommunications Services Division (Communications): Delivers robust solutions including VoIP, SMS, International Fiber-Optic Connectivity, and new telecommunications technologies. Fintech Division (Financial Freedom): Enables inclusive financial access with remittance services, mobile top-ups, a MasterCard debit card, U.S. bank accounts without SSN, and a secure mobile app designed for unbanked and underbanked populations. Artificial Intelligence (AI) Services Division (Information and Content): Provides next-generation AI engagement tools ( including a white-label 3D virtual assistant interface that supports customer service, entertainment, and transactional experiences across web and voice platforms. Cybersecurity Services: In partnership with Cycurion, iQSTEL now offers enterprise-grade cybersecurity, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and regulatory compliance solutions—supporting telecom and enterprise customers alike. Strategic Developments GlobeTopper MOU – Fintech Expansion: In March 2025, IQSTEL signed a Memorandum of Understanding (MOU) to acquire a 51% stake in GlobeTopper, a profitable fintech company specializing in enhanced B2B top-up services. The acquisition is expected to push IQSTEL toward a $400 million revenue run rate and expand its fintech-driven profitability, accelerating the company's transition to a high-margin 80/20 Telecom-Fintech revenue mix. ItsBchain MOU – Value Creation for Shareholders: IQSTEL also signed an MOU to sell its blockchain-focused subsidiary ItsBchain to Accredited Solutions, Inc. (ASII). As part of this transaction, $500,000 worth of ASII shares will be distributed directly to IQSTEL shareholders, reinforcing the company's commitment to delivering tangible value and strategic returns to its investor base. March 31 Shareholders Letter – Strong Financial Results & Shareholder Value Growth: On March 31, IQSTEL published its 2024 Shareholders Letter, highlighting a year of exceptional financial performance and strategic progress. The company reported $283.2 million in revenue, reflecting a 95.9% year-over-year increase, and a revenue per share of $1.40, marking a 66.7% improvement from the prior year. Total assets surged to $79 million, a 257% increase, and stockholders' equity rose to $11.9 million, up 48% year-over-year. Most notably, stockholders' equity per share increased by 25.4%, reflecting IQSTEL's strong commitment to building long-term shareholder value. These milestones reinforce the company's scalable growth model and clear trajectory toward becoming a profitable, $1 billion revenue company by 2027. On April 3rd, 2025 iQSTEL CEO Leandro Iglesias sat down with Corporate Ads to conduct the following detailed interview for the benefit of IQST shareholders and other investors. This transcript is exclusive to the distribution of the Corporate Ads awareness program. Corporate Ads: Starting in April, 2025 President Donald Trump has officially launched his US Tariff program, imposing high cost increases for foreign made products and components across a wide range of countries and business sectors. Can you tell us if and how this major development will impact iQSTEL business going forward? Leandro Iglesias: Thank you for giving us the chance to talk about IQSTEL in depth and without time limitations. IQSTEL's core business model is service-based, primarily focused on telecommunications, fintech, cybersecurity, and AI technologies. As such, our operations do not rely heavily on the import or export of physical goods or components that would be directly affected by tariff increases. Most of our revenue is generated from digital services delivered over existing infrastructure, and our subsidiaries operate in a cloud-based, software-driven environment. Therefore, the newly introduced U.S. tariff program is not expected to have a material impact on our cost structure or service delivery. We remain attentive to the evolving global trade environment, and as always, we are committed to maintaining operational flexibility while continuing to scale our high-margin service offerings worldwide. Corporate Ads: On March 31st IQST Reported $1.40 revenue per share and $283.2 million in revenue for an impressive 95.9% Year Over Year growth. This very successful year expands the company's $79 million asset base helping to drive your expansion into Fintech, AI-driven services and other cutting-edge technologies. Please tell us more about how the current IQST financial intake is powering IQST expansion and increasing earnings ability for 2025 and beyond. Leandro Iglesias: Yes, our 2024 performance was a defining moment for IQSTEL. With $283.2 million in revenue, $1.40 revenue per share, and 95.9% year-over-year growth, we've significantly strengthened our financial foundation—most notably expanding our asset base to $79 million, a 257% increase compared to the previous year, and increasing our stockholders' equity by 48%, reaching $11.9 million. In addition, our stockholders' equity per share increased by 25.4%, further demonstrating the value we're building for our shareholders. These results reflect the scalability and strength of our business model as we continue advancing toward our long-term objectives. This momentum is not only a reflection of our robust telecom operations but also a strategic enabler for what comes next. Our reinforced balance sheet now allow us to confidently accelerate investment in high-margin, high-tech areas such as Fintech, AI-driven services, Cybersecurity, and next-gen telecom solutions. In 2025, this financial strength is powering: • The acquisition of Globetopper, expected to elevate our revenue run rate toward $400 million and expand our Fintech footprint. • Continued investment in AI-based platforms for customer engagement and automation. • A growing pipeline of strategic M&A focused on adding EBITDA-positive businesses. • Execution of a plan to generate up to $1 million in annual savings through operational efficiencies and technology integration. Together, these initiatives will enhance earnings capacity, strengthen profitability, and bring us even closer to our goal of becoming a profitable $1 billion revenue company. Corporate Ads: IQST has announced an MOU for the sale of 100% of its stake in subsidiary ItsBchain LLC, representing 75% of the company's total share capital to Accredited Solutions, Inc. (OTC: ASII). This transaction includesplans to distribute the common stock in ASII to IQST shareholders as a dividend. When do you think IQST shareholders might expect to receive this reward in their portfolios? Leandro Iglesias: Thank you for the question and for your interest in the ItsBchain transaction. Yes, we're very excited about the Memorandum of Understanding (MOU) signed with Accredited Solutions, Inc. (OTC: ASII) for the sale of 100% of our stake in ItsBchain LLC, representing 75% of ItsBchain's share capital. As part of this agreement, $500,000 worth of ASII common stock is planned to be distributed directly to IQSTEL shareholders, reinforcing our ongoing commitment to delivering value. While the MOU outlines the structure and intention, the transaction must proceed through final due diligence, definitive agreements, and regulatory compliance steps. Once these steps are completed and the shares are issued to IQSTEL, we will initiate the process to distribute them as a dividend to our shareholders. Although we are unable to provide an exact date at this time, our team is working diligently to move the process forward. We expect to update shareholders with a more precise timeline in the coming weeks, and we will make all necessary announcements via official filings and press releases. Corporate Ads: iQSTEL has completed 11 successful venture and acquisition events as a leader in the technology and telecommunications industries. The most recent acquisition of QXTEL brings a lot of financial value, generating $85 million in net revenue during 2024. Can you expand on your M&A strategy and the asset value it is bringing in for IQST shareholders? Leandro Iglesias: Thank you for your question and for recognizing the importance of our M&A achievements. Since 2018, iQSTEL has completed 11 strategic ventures and acquisitions, each carefully selected to strengthen our service offerings, expand our global reach, and increase shareholder value. Our most recent acquisition, QXTEL, has indeed been a transformational milestone, contributing $85 million in net revenue in 2024. Beyond the strong financial impact, QXTEL has expanded our international footprint, enriched our customer base, and added new service capabilities that align with our long-term strategy. However, it's important to emphasize that our growth story is not based solely on acquisitions. In 2024, iQSTEL achieved $52.7 million in organic revenue growth, excluding the QXTEL contribution. This came primarily from high-performing subsidiaries like Etelix, Swisslink, and IoT Labs, which continue to scale efficiently and profitably. In fact, our organic growth represented more than 36% of total revenue for the year—an essential proof point of the strength and sustainability of our business platform. Our M&A strategy is focused on acquiring businesses that not only add revenue and positive EBITDA, but also create cross-selling synergies across telecom, fintech, AI, and cybersecurity. In parallel, we continue to prioritize internal growth, ensuring that acquired and existing subsidiaries are fully integrated and aligned under a unified technology and operations platform. This dual approach—scaling both organically and through acquisitions—is core to our strategy to become a profitable $1 billion revenue, and we believe it will continue to deliver increasing asset value and long-term returns for our shareholders. Corporate Ads: iQSTEL has announced plans to acquire a company within the Telecom, Fintech, Cybersecurity, or AI services sectors, generating tens of millions of dollars in revenue and contributing over $1 million EBITDA annually. How close is this plan to being executed in 2025? Leandro Iglesias: In addition to the two MOUs we have already disclosed—the GlobeTopper acquisition in the fintech space and the divestiture of ItsBchain with a shareholder dividend component—we have been actively exploring several additional acquisition targets across our core focus areas: Telecom, Fintech, Cybersecurity, and AI services. We are in advanced discussions with some of these potential targets, which are generating tens of millions in revenue and contributing over seven digits in adjusted EBITDA annually, and we are moving forward with due diligence. As is our standard practice, we will formally disclose each opportunity once an MOU is signed and both parties are aligned on the terms. These acquisitions are fully aligned with our strategic goal of increasing profitability and reaching $1 billion in revenue, and we remain committed to acquiring businesses that are not only financially accretive, but also offer synergistic value across our divisions. Corporate Ads: iQSTEL also has plans to enhance IQST shareholder value with an uplisting to the Nasdaq exchange. What is your projected time frame to file for Nasdaq listing? Leandro Iglesias: Thank you for this question. An uplisting to the Nasdaq exchange is indeed an important milestone for iQSTEL and a key part of our long-term strategy to enhance shareholder value. However, it's equally important for us to emphasize that we are not in a hurry—we believe in doing things the right way, at the right time and with a purpose that serves our short, medium or long-term vision. We've been building something truly valuable. Our Telecom Division alone generated $2.5 million in adjusted EBITDA in 2024 and $1.7 million in Net Income, and we continue to grow through a mix of organic expansion and strategic acquisitions. We are not just chasing a listing—we are focused on building a solid, scalable, and profitable company that will stand out once we are listed. We believe that once we do uplist, iQSTEL's full value and potential will be widely recognized, and we will be even better positioned to attract long-term investors. Corporate Ads: iQSTEL Revenue Per Share since 2020 has risen steadily as we have seen in the IQST filings. Do you see the rate of revenue gains holding this steady growth rate in the years immediately ahead or accelerating? Leandro Iglesias: Thank you for highlighting one of the key indicators of our progress—Revenue Per Share (RPS). Since 2020, iQSTEL has demonstrated consistent and meaningful growth in RPS, reflecting not only our expanding top line but also our disciplined approach to building and protecting long-term shareholder value. In 2024, we reported $1.40 in revenue per share, a 65.4% increase over the previous year. Just as importantly, our stockholders' equity per share increased by 25.4%, underscoring the strength of our balance sheet and the tangible value we are delivering to shareholders as we scale the business. Looking ahead, we believe our revenue growth will not only remain steady—but accelerate. Our Telecom Division continues to scale efficiently, and our expansion into high-margin verticals such as Fintech, AI, and Cybersecurity is expected to contribute even more meaningfully to both revenue and profitability in the coming years. With upcoming opportunities like the Globetopper acquisition, further cost-efficiency initiatives, and a strong M&A pipeline, we are confident that iQSTEL is entering a new phase of accelerated revenue and margin expansion—delivering even greater value per share to our investors. Corporate Ads: What Revenue Forecasts are you now in a position to give for 2025? Leandro Iglesias: For 2025, iQSTEL has forecasted $340 million in revenue, driven by continued growth across our telecom subsidiaries and supported by strong organic performance from high-impact units like QXtel, Etelix, Swisslink, and IoT Labs. However, if we complete the acquisition of GlobeTopper as planned, we expect to reach a revenue run rate of approximately $400 million. GlobeTopper brings significant fintech capabilities and is aligned with our strategy to increase exposure to high-margin verticals. We remain focused on scaling efficiently and expanding our share in telecom, fintech, AI, and cybersecurity sectors—delivering sustainable, long-term value to our shareholders. Corporate Ads: Is iQSTEL still comfortable with its stated projection of becoming a $1 billionrevenue company with eight-digit positive EBITDA by 2027? Leandro Iglesias: Yes, we are absolutely comfortable and confident with our stated projection of becoming a $1 billion revenue company with eight-digit positive adjusted EBITDA by 2027. Our business model is highly scalable. We've built a robust business platform—particularly in our Telecom Division—that can triple its current revenue with almost no proportional increase in operating expenses. That means future revenue growth will have a direct and amplified impact on the bottom line, significantly enhancing profitability as we scale. With our current momentum—$283.2 million in revenue reported for 2024, $340 million forecasted for 2025, and a $400 million revenue run rate expected upon completion of the Globetopper acquisition—we are well on track. We're also pursuing additional strategic acquisitions and operational efficiencies that will help us accelerate both top-line and adjusted EBITDA growth, making the $1 billion revenue and strong EBITDA target by 2027 a realistic and achievable goal. Corporate Ads: iQSTEL has laid out key objectives to achieving its stated goals. One of these has been a rebranding effort with partner company ONAR. What does this cooperative effort do for both companies involved? Leandro Iglesias: Our rebranding effort with our strategic partner ONAR (Ticker: ONAR) has been an important step in aligning our visual identity and messaging with the company we've become—and the company we are building for the future. This collaboration is helping iQSTEL refresh its brand to reflect our evolution from a telecom-focused operation into a diversified, tech-driven multinational with growing presence in Fintech, AI, and Cybersecurity. ONAR brings world-class branding expertise to the table, and together, we've been crafting a modern and impactful brand that resonates across global markets and investor audiences alike. In Q2 2025, we will officially launch our new website and unveil our full brand book, starting with our presence at major telecom industry events. This will strengthen our positioning, enhance visibility, and better communicate our value proposition to customers, partners, and shareholders. Ultimately, this rebranding is more than a visual update—it's about reinforcing trust, credibility, and market leadership Corporate Ads: IQST also has put in place a strategic partnership with Cycurion (CYCU) for vital cybersecurity products in 2025. This collaboration grants Cycurion exclusive rights to deliver its cybersecurity products to the U.S. telecommunications industry through iQSTEL's vast network while also expanding its reach internationally. Do you see the Cycurion agreement as a significant avenue to expanding your reach more domestically or internationally or both? Leandro Iglesias: Yes, we absolutely see the partnership with Cycurion (Ticker: CYCU) as a significant strategic step for iQSTEL—both domestically and internationally. Cybersecurity is a new and important area of growth for us, and through this partnership, we're unlocking new business opportunities that complement our existing telecom and tech offerings. With our presence in over 20 countries and strong relationships with leading global telecom operators, we are in a unique position to help Cycurion scale both the U.S. telecommunications market and international markets where we already have deep customer trust. We have already identified multiple areas of cooperation and potential client engagements, and we expect to begin rolling out these initiatives in the near future. We plan to share exciting updates related to this partnership in Q2 and Q3 as we begin converting this alliance into new revenue streams and added value for our clients and shareholders. This partnership is just one more example of how iQSTEL is using its business platform to introduce high-tech, high-margin services that align with global market demand. Corporate Ads: The IQSTEL AI platform, ( continues to gain customers and partners. How is the company planning to expand on the application of AI in 2025 and beyond? Leandro Iglesias: AI is a central pillar of IQSTEL's future, and is one of our most innovative and exciting developments to date. We've built a powerful AI-driven platform designed for customer service, technical support, and sales lead generation, with a dual-interface experience: it works seamlessly both through a company's website and via a dedicated phone number. Users can switch between channels effortlessly, with the AI maintaining context and continuity—something very few platforms in the market can offer. Technologically, we're currently testing outbound call capabilities, which will unlock use cases such as: • Payment reminders • Appointment confirmations • Customer follow-ups • Proactive sales outreach These features make a versatile, scalable, and intelligent assistant that can reduce support costs, enhance customer satisfaction, and generate new revenue opportunities. On the commercial front, we continue to gain customers and expand partnerships. We recently showcased at the ASLAN tech event in Madrid, where the response was overwhelmingly positive. Businesses clearly see the value of implementing AI for real-time engagement and automation. Looking ahead, we plan to announce exciting new updates and client integrations in Q2, as we continue scaling across industries. Our vision is to make AI a practical, high-impact tool that transforms how companies interact with their customers—across every channel. How much of a stake to iQSTEL management have in IQST shareholder value? What equity positions do you hold yourselves? And what other financial commitments are you making to support the company's operations and business plans? Leandro Iglesias: The iQSTEL management team is deeply committed to the long-term success of the company and that commitment is reflected both in our equity position and our governance responsibilities. Currently, management holds the equivalent of approximately 40 million common shares in the form of preferred shares, which are subject to lock-up and leak-out agreements. This structure aligns our interests directly with those of our shareholders, as our ability to benefit from these shares depends entirely on the long-term value we help create for the company. In addition, Alvaro Quintana and I hold 51% of the voting rights of the company, giving us the ability to protect the strategic direction of the company and ensure that all key decisions are made in the best interest of IQSTEL and its stakeholders. It's also important to note that we started IQSTEL in 2018 by contributing 100% of Etelix, a fully operational telecom company valued at $4 million at the time. That founding contribution was the cornerstone of IQSTEL's early growth, and we have continued to invest our time, energy, and resources to build what has become a diversified, fast-growing multinational. We are not just executives—we are founders, long-term stakeholders, and fully aligned with our shareholders. We believe in the future we're building, and we're here for the long run. Corporate Ads: Thank you, Leandro Iglesias, President and CEO of iQSTEL. This has been a very informative interview. We look forward to speaking with you again in the future as all of your initiatives and plans progress towards the very impressive IQST goal of becoming a $1 billion company by 2027. About IQSTEL Inc. IQSTEL Inc. (OTCQX: 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. IQSTEL Inc. 300 Aragon Avenue, Suite 375, Coral Gables, FL 33134 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
Globe and Mail
19-02-2025
- Business
- Globe and Mail
'Technology Stocks to Watch: CSDX, LYT, SINT, TRNR, RSLS, CYCU, TRUG Market Momentum Building'
As innovation continues to drive market activity, these seven technology stocks are making waves with strategic expansions, major partnerships, and financial growth. Investors are keeping a close eye on these companies as they position themselves for long-term success in high-growth sectors. CS Diagnostics Corp. (OTCQB: CSDX) – Launching Next-Generation Disinfection and Cancer Treatment Innovations introduced MEDUSA, a smart disinfectant offering 10-day surface protection, while also advancing CS Protect-Hydrogel, a breakthrough tissue spacer for radiation therapy, positioning itself at the forefront of healthcare technology. Lytus Technologies Ltd. (NASDAQ: LYT) – Expanding AI-Powered Healthcare in India to bridge gaps in India's rapidly growing telehealth and patient management market, leveraging AI-driven technology to enhance accessibility. SiNtx Technologies Inc. (NASDAQ: SINT) – Strengthening in Medical Ceramics secured a U.S. patent for its silicon nitride-functionalized biomaterials, reinforcing its leadership in advanced ceramics for next-generation medical implants. Interactive Strength Inc. (NASDAQ: TRNR) – Boosting Revenue Forecasts with Sportstech Acquisition has raised its 2025 revenue projections beyond $50 million, fueled by its acquisition of Germany's largest connected fitness brand, Sportstech. ReShape Lifesciences Inc. (NASDAQ: RSLS) – Securing Capital for Weight Loss Innovations announced a $6 million public offering, aiming to accelerate growth in its physician-led weight loss and metabolic health solutions market. Cycurion (NASDAQ: CYCU) – Partnering with iQSTEL for Next-Gen Cybersecurity Solutions i s expanding its reach in the telecommunications cybersecurity sector through an exclusive partnership with iQSTEL (OTCQX: IQST), unlocking new high-margin opportunities worldwide. TruGolf Holdings Inc. (NASDAQ: TRUG) – Driving Record-Breaking Sales in Golf Tech has surpassed expectations with record 2024 sales of $22.5 million, significantly outperforming its earlier guidance on EBITDA growth. With strong catalysts and strategic business moves, these companies are making headlines and could present exciting opportunities for tech investors looking to capitalize on industry momentum. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.
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
