IQST - IQSTEL Confirms Closing of GlobeTopper Acquisition, Forecasting $34M Revenue and Positive EBITDA for H2 2025
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) ha completato con successo l'acquisizione del 51% di GlobeTopper (GlobeTopper.com), con effetto dal 1° luglio 2025. Questa acquisizione strategica rappresenta una tappa importante nella strategia di espansione fintech di IQSTEL e nel suo percorso verso il raggiungimento di 1 miliardo di dollari di ricavi annui entro il 2027.
GlobeTopper è previsto contribuire con 34 milioni di dollari di ricavi e 0,26 milioni di EBITDA nella seconda metà del 2025, partendo da 5 milioni di dollari a luglio e salendo a oltre 6 milioni di dollari entro dicembre 2025. Per l'anno fiscale 2026, GlobeTopper prevede ricavi standalone di 85 milioni di dollari e un EBITDA di 0,62 milioni. L'azienda si aspetta che GlobeTopper superi infine un tasso di ricavi annuali di 100 milioni di dollari con 1 milione di EBITDA rettificato grazie alle opportunità di cross-selling e alle sinergie di integrazione.
Craig Span continuerà a ricoprire il ruolo di CEO di GlobeTopper, collaborando strettamente con GlobalMoneyOne.com per implementare una roadmap strategica triennale focalizzata su pagamenti transfrontalieri, portafogli digitali, trasferimenti mobili e servizi prepagati in Africa, Europa e Americhe.
IQSTEL (NASDAQ: IQST) ha completado con éxito la adquisición del 51% de GlobeTopper (GlobeTopper.com), con efecto a partir del 1 de julio de 2025. Esta adquisición estratégica representa un hito importante en la estrategia de expansión fintech de IQSTEL y en su camino hacia alcanzar 1.000 millones de dólares en ingresos anuales para 2027.
Se proyecta que GlobeTopper aporte 34 millones de dólares en ingresos y 0,26 millones en EBITDA durante el segundo semestre de 2025, comenzando con 5 millones en julio y aumentando a más de 6 millones para diciembre de 2025. Para el año fiscal 2026, GlobeTopper pronostica ingresos independientes de 85 millones de dólares y un EBITDA de 0,62 millones. La compañía espera que GlobeTopper eventualmente supere una tasa de ingresos anual de 100 millones de dólares con 1 millón en EBITDA ajustado mediante oportunidades de venta cruzada y sinergias de integración.
Craig Span continuará como CEO de GlobeTopper, trabajando en estrecha colaboración con GlobalMoneyOne.com para implementar una hoja de ruta estratégica de 3 años enfocada en pagos transfronterizos, billeteras digitales, remesas móviles y servicios prepagos en África, Europa y las Américas.
IQSTEL (NASDAQ: IQST)은 2025년 7월 1일부로 GlobeTopper(GlobeTopper.com)의 51% 지분 인수를 성공적으로 완료했습니다. 이번 전략적 인수는 IQSTEL의 핀테크 확장 전략과 2027년까지 연간 매출 10억 달러 달성을 향한 중요한 이정표입니다.
GlobeTopper는 2025년 하반기에 3,400만 달러 매출과 26만 달러 EBITDA를 기여할 것으로 예상되며, 7월에는 500만 달러에서 시작해 2025년 12월까지 600만 달러 이상으로 성장할 전망입니다. 2026 회계연도에는 GlobeTopper가 단독 매출 8,500만 달러와 62만 달러 EBITDA를 예상하고 있습니다. 회사는 교차 판매 기회와 통합 시너지를 통해 GlobeTopper가 궁극적으로 연간 1억 달러 이상의 매출과 100만 달러 조정 EBITDA를 초과할 것으로 기대하고 있습니다.
Craig Span은 GlobeTopper의 CEO로 계속 재임하며, GlobalMoneyOne.com과 긴밀히 협력하여 아프리카, 유럽, 아메리카 전역에서 국경 간 결제, 디지털 지갑, 모바일 송금 및 선불 서비스에 중점을 둔 3년 전략 로드맵을 실행할 예정입니다.
IQSTEL (NASDAQ : IQST) a finalisé avec succès l'acquisition de 51 % de GlobeTopper (GlobeTopper.com), effective au 1er juillet 2025. Cette acquisition stratégique marque une étape importante dans la stratégie d'expansion fintech d'IQSTEL et son objectif d'atteindre 1 milliard de dollars de chiffre d'affaires annuel d'ici 2027.
GlobeTopper devrait contribuer à hauteur de 34 millions de dollars de revenus et 0,26 million de dollars d'EBITDA pour le second semestre 2025, en commençant par 5 millions de dollars en juillet et en augmentant à plus de 6 millions de dollars en décembre 2025. Pour l'exercice 2026, GlobeTopper prévoit un chiffre d'affaires autonome de 85 millions de dollars et un EBITDA de 0,62 million. La société s'attend à ce que GlobeTopper dépasse finalement un taux de chiffre d'affaires annuel de 100 millions de dollars avec 1 million d'EBITDA ajusté grâce aux opportunités de vente croisée et aux synergies d'intégration.
Craig Span restera le PDG de GlobeTopper, travaillant en étroite collaboration avec GlobalMoneyOne.com pour mettre en œuvre une feuille de route stratégique sur 3 ans axée sur les paiements transfrontaliers, les portefeuilles numériques, les transferts mobiles et les services prépayés en Afrique, en Europe et dans les Amériques.
IQSTEL (NASDAQ: IQST) hat die Übernahme von 51 % der Anteile an GlobeTopper (GlobeTopper.com) mit Wirkung zum 1. Juli 2025 erfolgreich abgeschlossen. Diese strategische Akquisition stellt einen bedeutenden Meilenstein in IQSTELs Fintech-Erweiterungsstrategie und auf dem Weg zur Erreichung von 1 Milliarde US-Dollar Jahresumsatz bis 2027 dar.
GlobeTopper wird voraussichtlich im zweiten Halbjahr 2025 34 Millionen US-Dollar Umsatz und 0,26 Millionen EBITDA beitragen, beginnend mit 5 Millionen US-Dollar im Juli und steigend auf über 6 Millionen US-Dollar bis Dezember 2025. Für das Geschäftsjahr 2026 prognostiziert GlobeTopper einen eigenständigen Umsatz von 85 Millionen US-Dollar und ein EBITDA von 0,62 Millionen. Das Unternehmen erwartet, dass GlobeTopper durch Cross-Selling-Möglichkeiten und Integrationssynergien schließlich einen jährlichen Umsatz von über 100 Millionen US-Dollar mit 1 Million Adjusted EBITDA übersteigen wird.
Craig Span wird weiterhin als CEO von GlobeTopper fungieren und eng mit GlobalMoneyOne.com zusammenarbeiten, um eine dreijährige strategische Roadmap umzusetzen, die sich auf grenzüberschreitende Zahlungen, digitale Geldbörsen, mobile Überweisungen und Prepaid-Dienste in Afrika, Europa und Amerika konzentriert.
- None.
- 51% stake acquisition indicates non-complete ownership control
- Initial EBITDA margins appear relatively thin compared to revenue projections
Insights
IQSTEL's GlobeTopper acquisition delivers immediate revenue growth and positive EBITDA, advancing their billion-dollar revenue strategy.
IQSTEL's completed acquisition of 51% of GlobeTopper represents a significant strategic expansion in the fintech sector. The deal adds
The financial projections are actually conservative as they don't factor in potential synergies with IQSTEL's existing platform serving 600+ telecom operators globally. Management's confidence in scaling GlobeTopper to a
The retention of GlobeTopper's CEO ensures operational continuity while the integration with GlobalMoneyOne.com establishes a comprehensive 3-year roadmap focused on high-growth fintech services. This acquisition strengthens IQSTEL's position in key markets across Africa, Europe, and the Americas, diversifying their geographical footprint and service portfolio.
From a financial perspective, the immediate positive EBITDA contribution is crucial, as it enhances earnings quality rather than simply adding revenue. As IQSTEL begins reporting adjusted EBITDA in the millions, it should improve their valuation metrics and potentially attract institutional investors seeking profitable growth stories in the fintech space.
This milestone marks a major acceleration of IQSTEL's global fintech expansion strategy and positions the company to further solidify its path toward
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Strong Financial Outlook for 2025 and Beyond
With the transaction now finalized, GlobeTopper is a consolidated subsidiary of IQSTEL and will begin contributing to IQSTEL's financial results starting in July 2025.
GlobeTopper is forecasting:
-
$34 million $0.26 million - Starting with
$5 million - Scaling up to over
$6 million
Importantly, this forecast reflects only GlobeTopper's standalone performance. It does not yet include any additional upside from cross-selling or synergies with IQSTEL's extensive commercial platform, which serves over 600 telecom operators globally.
"We are confident that through the cross-selling of high-margin fintech products and integration with IQSTEL's global infrastructure, we plan to scale GlobeTopper to exceed a
As disclosed in IQSTEL's 8-K filed on May 30, the Unit Purchase Agreement outlines GlobeTopper's forecast standalone of
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Reinforcing Strategic Vision
"We're thrilled to officially welcome GlobeTopper to the IQSTEL family," Iglesias added. "This acquisition brings us one step closer to our
"I'm also confident that as we begin to report adjusted EBITDA in the millions, we will unlock meaningful shareholder value and significantly strengthen our capital markets position."
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Leadership Continuity & Product Acceleration
Craig Span, CEO of GlobeTopper, will continue to lead the company, ensuring seamless integration into IQSTEL's fintech operations. GlobeTopper is working in close collaboration with GlobalMoneyOne.com to implement a strategic 3-year business roadmap.
Together, they will focus on expanding cross-border payments, digital wallets, mobile remittances, and prepaid services, particularly across high-value markets in
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Accelerating Shareholder Value Creation
IQSTEL is rapidly increasing value for its shareholders, and the closing of the GlobeTopper acquisition stands as a clear example of this momentum. With a strong revenue forecast and immediate positive EBITDA contribution, this transaction enhances both the company's top line and bottom line from day one.
More importantly, this is just the beginning.
IQSTEL's strategy focuses on combining organic growth with strategic, high-margin acquisitions that align with its
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About GlobeTopper
GlobeTopper (GlobeTopper.com) is a leader Fintech company specializing in advanced B2B Top-Up solutions, enabling seamless cross-border financial transactions to something more along the lines of 'global Fintech company specializing in the provision of B2B digital prepaid products with a unique focus on gift card programs and services. With a solid track record and a scalable, profitable business model, GlobeTopper is poised for exponential growth under IQSTEL's leadership.
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
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 www.IQSTEL.com.
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FAQ
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