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iQSTEL Inc. (IQST) is a multinational innovator in telecommunications, fintech, and AI solutions, driving connectivity and digital transformation worldwide. This dedicated news hub provides investors and industry observers with essential updates on the company's strategic initiatives and market developments.
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Discover updates on iQSTEL's expansion through strategic acquisitions, Nasdaq uplisting preparations, and emerging mobility technologies. The repository serves as a reliable resource for understanding the company's approach to operational consolidation and international market penetration.
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IQSTEL (NASDAQ: IQST) has successfully completed the acquisition of a 51% stake in GlobeTopper (GlobeTopper.com), effective July 1, 2025. This strategic acquisition marks a significant milestone in IQSTEL's fintech expansion strategy and its journey toward achieving $1 billion in annual revenue by 2027.
GlobeTopper is projected to contribute $34 million in revenue and $0.26 million in EBITDA for H2 2025, starting with $5 million in July and scaling to over $6 million by December 2025. For FY-2026, GlobeTopper forecasts standalone revenue of $85 million and EBITDA of $0.62 million. The company expects GlobeTopper to eventually exceed a $100 million annual revenue run rate with $1 million in Adjusted EBITDA through cross-selling opportunities and integration synergies.
Craig Span will continue as GlobeTopper's CEO, working closely with GlobalMoneyOne.com to implement a 3-year strategic roadmap focusing on cross-border payments, digital wallets, mobile remittances, and prepaid services across Africa, Europe, and the Americas.
IQSTEL (NASDAQ: IQST) reported preliminary net revenue of $101.5 million for January-May 2025, with May alone generating $23.7 million. The company is on track to meet its $340 million annual revenue forecast and expects to achieve a $400 million annualized revenue run rate by year-end 2025.
The company is set to integrate GlobeTopper, a fintech platform, within the next week, which is expected to contribute millions in revenue and positive EBITDA. Following its recent NASDAQ uplisting, IQSTEL maintains its vision of becoming a $1 billion revenue company by 2027, with monthly revenue projected to reach $33 million by the end of 2025.
IQSTEL (NASDAQ: IQST) has released an updated Investor Deck as part of its strategy to attract long-term institutional and family office investors. The company, operating in over 20 countries with 600+ global business relationships, aims to achieve $1 billion in revenue by 2027. IQSTEL forecasts $340 million revenue for 2025 with a $400 million year-end run rate, with 20% coming from high-tech services.
The company completed its NASDAQ uplisting through a direct listing without raising capital, with convertible instruments maturing in Q1 2026. IQSTEL's business spans telecom, eSIM, roaming, cloud, fintech, AI platforms, and cybersecurity, showcasing its transformation from a telecom operator to a high-margin technology platform.
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