IQST - iQSTEL Sets the Stage for Explosive Growth with $340 Million Revenue Forecast for 2025
Rhea-AI Summary
iQSTEL (OTCQX: IQST) has announced a $340 million revenue forecast for 2025, marking a significant milestone in its growth trajectory. The company is set to report its highest quarterly revenue in Q4 2024, surpassing the previous record of $78.6 million from Q2 2024, and is working towards achieving its $290 million revenue target for FY-2024.
The company's Revenue Per Share (RPS) has increased from $0.84 in FY-2023 to over $1.32 based on preliminary figures. iQSTEL aims to reach a $1 billion revenue target by 2027 through organic growth, strategic acquisitions, and expansion in fintech, cybersecurity, and AI-powered solutions, particularly following its planned Nasdaq listing.
Positive
- Record-breaking Q4 2024 revenue performance expected
- Revenue Per Share increased from $0.84 to $1.32
- On track to meet $290 million revenue target for FY-2024
- Strong organic growth in Telecom Division
Negative
- None.
News Market Reaction
On the day this news was published, IQST gained 12.53%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Breaking Records, Building Momentum
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
A Historic Q4 2024 Performance
The company is on track to report its highest quarterly revenue ever in Q4 2024, breaking the previous record of
Revenue Per Share Milestone: A New Era
"Our Telecom Division continues to deliver unparalleled year-over-year growth," Iglesias emphasized. "Crossing the one-third billion-dollar revenue mark organically in 2025 is a testament to our team's relentless dedication."
He added: "We closed FY-2023 with a Revenue Per Share (RPS) of
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
About iQSTEL:
iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based multinational publicly listed company in the final stages of the path to becoming listed on NASDAQ. With FY2023 revenues of
iQSTEL has been building a strong business platform with its customers, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. iQSTEL is strategically positioned to achieve
- Telecommunications Services Division (Communications):
Includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform. - Fintech Division (Financial Freedom):
Provides remittance services, top-up services, a MasterCard Debit Card, US bank accounts (no SSN required), and a Mobile App. - Electric Vehicles (EV) Division (Mobility):
Offers Electric Motorcycles and plans to launch a Mid-Speed Car. - Artificial 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. - Cybersecurity Services:
Through a new partnership with Cycurion, iQSTEL 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.
iQSTEL has 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.
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. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. 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. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Company Website
www.iqstel.com
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SOURCE iQSTEL
FAQ
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