- Diversified Business with Divisions Focused on Telecommunications, Fintech, Electric Vehicles, Artificial Intelligence and More.
- On Track to Highest Quarterly Revenue Ever in Q4 2024, Breaking Previous Record of $78.6 million Set in Q2 2024.
- Working to Achieve $290 Million Revenue Target for FY-2024.
- $340 Million Revenue Forecast for 2025.
- Positioned to Achieve $1 Billion in Revenue by 2027 Through Organic Growth, Acquisitions and High-Margin Product Expansion.
- Completed 11 Acquisitions Since 2018 and Actively Pursuing More.
- Stockholders' Equity Met for Nasdaq Uplisting Requirements with Final Investment Bank Selection Underway to Guide Uplisting Process.
- Introduced AI-Driven AIRWEB.ai and Preparing to Launch a Cybersecurity Solution in Q1 FY-2025.
iQSTEL, Inc. (Symbol: IQST) is a US-based multinational company in the final stages of the path to becoming listed on Nasdaq. With FY2023 revenues of $144 million and a forecasted $290 million in revenue, alongside positive operating income of seven digits for FY-2024 for their operating subsidiaries, the Company is positioning itself for explosive growth. The iQSTEL, Inc. mission is to serve basic human needs in today's modern world by making essential tools accessible, regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that modern human needs such as physiological, safety, relationship, esteem, and self-actualization are marginalized without access to ubiquitous communications, financial freedom, clean, affordable mobility, and information.
iQSTEL 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.
iQSTELis strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.
iQSTEL Telecommunications Services Division (Communications): Includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
iQSTEL, Inc.Fintech Division (Financial Freedom): Provides remittance services, top-up services, a MasterCard Debit Card, US bank accounts (no SSN required), and a Mobile App.
iQSTEL Electric Vehicles (EV) Division (Mobility): Offers Electric Motorcycles and plans to launch a Mid-Speed Car.
iQSTELArtificial Intelligence (AI) Services Division (Information and Content): Provides AI solutions for unified customer engagement across web and phone channels, along with a white-label platform offering seamless access to services, entertainment, and support in a virtual 3D interface.
iQSTELCybersecurity Services: Through a new partnership with Cycurion, IQST will offer advanced cybersecurity solutions, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and compliance management, providing essential protection to telecommunications clients and beyond.
iQSTELhas completed 11 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions, further expanding its suite of products and services both organically and through mergers and acquisitions.
iQSTEL Projects Explosive Growth with $340 Million Revenue Forecast for 2025
On December 18thIQST announced its ambitious $340 millionrevenue forecast for 2025. This bold projection underscores the company's relentless focus on organic growth, disruptive innovation, and strategic acquisitions poised to reshape its future.
iQSTEL has a track record of exceeding revenue expectations by strategically revising its forecasts mid-year based on real-time market momentum. This proven approach has built unwavering trust among investors and positioned the company as a rising star in the tech-driven market.
"Our $1 billion revenue target for 2027 isn't just a goal—it's our roadmap," stated Leandro Iglesias, CEO of IQST. "With robust organic expansion and a transformative acquisition on the horizon post-Nasdaq listing, we are ready to redefine market leadership."
The company is on track to report its highest quarterly revenue ever in Q4 2024, breaking the previous record of $78.6 million set in Q2 2024. With this exceptional performance, iQSTEL is working to achieve its $290 million revenue target for FY-2024.
Mr. Inglesias added, “IQST closed FY-2023 with a Revenue Per Share of $0.84. At present, the Company has already exceeded $1.32in RPS, based on preliminary figures”.
Accelerating Into the Future
iQSTEL remains laser-focused on scaling its operations, enhancing its high-margin product portfolio, and unlocking new opportunities in fintech, cybersecurity, and AI-powered solutions. With a clear path toward its $1 billion revenue target by 2027 the IQST growth story is just beginning.
For more information on iQSTEL, Inc. ($IQST) visit: www.iQSTEL.com
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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: www.iQSTEL.com
