IQST - IQSTEL Expects to Surpass an $8 Million Adjusted EBITDA Run Rate This Quarter as It Leverages Its Global Platform to Accelerate Growth
Rhea-AI Summary
IQSTEL (NASDAQ: IQST) reported $207 million revenue in the first half of 2026, implying an annualized run rate above $400 million before the expected Ultranet Telecom acquisition. Ultranet is anticipated to add about $130 million in annual revenue and roughly $4.5 million in annual net income, expanding operations from about 24 to approximately 30 countries.
According to IQSTEL, the combined platform is expected to exceed a $500 million annualized revenue run rate and lift its Adjusted EBITDA run rate to more than $8 million this quarter, with a roadmap targeting $13–$15 million and a longer-term objective of approximately $25 million, driven by higher-margin Digital Services such as AI, cybersecurity, fintech, and digital health.
Positive
- $207 million revenue in first half 2026, annualized run rate > $400 million
- Ultranet expected to add $130 million annual revenue and $4.5 million net income
- Combined platform expected to exceed $500 million annualized revenue run rate post‑acquisition
- Adjusted EBITDA run rate expected to surpass $8 million this quarter
- Management targets Adjusted EBITDA run rate of $13–$15 million in next phase
- Long‑term objective to grow Adjusted EBITDA run rate toward $25 million
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 16 | First-half revenue update | Positive | +38.5% | Reported $207 million first-half revenue and projected an EBITDA run rate above $8 million. |
| Jul 13 | Corporate structure update | Positive | +3.9% | Created IQSTEL Operating Holdings to consolidate subsidiaries and support future financing and acquisitions. |
| Jun 25 | Ultranet acquisition update | Positive | +47.2% | Announced a binding MOU expected to add $130 million revenue and $4.5 million net income. |
| Jun 17 | Investor outreach update | Positive | +8.3% | Highlighted the Ultranet transaction, share repurchase authorization, and digital-services expansion strategy. |
| Jun 08 | Share repurchase program | Positive | +4.5% | Authorized repurchases of up to 1,000,000 common shares funded partly by subsidiary dividends. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The five prior events all recorded positive 24-hour reactions, including 3.92% and 47.22%, aligning with positive announcements.
Key Terms
adjusted ebitda financial
annualized revenue run rate financial
operating leverage financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
• Reported
• Ultranet expected to contribute approximately
• Combined platform expected to exceed a
For nearly twenty years, IQSTEL has focused on building a scalable telecommunications platform through proprietary technology development, strategic acquisitions, disciplined execution, and trusted commercial relationships with telecommunications operators around the world. Management believes that platform has now reached the scale where it can be leveraged to distribute high-margin Digital Services across its existing global customer base.
As of the Company's most recent reported results, IQSTEL generated
The expected acquisition of Ultranet, anticipated to close this quarter, represents another transformational milestone in IQSTEL's evolution. Upon completion, Ultranet is expected to contribute approximately
Management believes the combination of IQSTEL's global commercial platform and Ultranet's strategic assets creates a unique opportunity to accelerate revenue growth, improve profitability, and significantly expand Adjusted EBITDA over the coming years.
A Platform Built to Be Leveraged
Over the last several years, IQSTEL has consistently executed a disciplined strategy of growing revenue while improving operational efficiency and financial performance.
Today, the Company operates across approximately 24 countries, employs more than 100 professionals, manages more than
Management believes these relationships represent one of IQSTEL's greatest strategic assets.
Unlike many technology companies that must first build distribution after developing their products, IQSTEL has already established a mature global commercial platform capable of introducing new technologies directly into existing carrier relationships.
Management believes replicating this platform would require many years of technical integrations, regulatory compliance, operational execution, and customer trust developed over nearly two decades, creating meaningful barriers to entry.
The Ultranet Acquisition Expands Scale and Creates New Growth Opportunities
Expected to close this quarter, the acquisition of Ultranet Telecom significantly strengthens IQSTEL's global platform.
Ultranet is expected to contribute:
- Approximately
in annual revenue$130 million - Approximately
in annual net income$4.5 million - Operations across
Ghana ,Nigeria ,Ivory Coast ,Senegal ,Burkina Faso , andMali - Long-standing commercial relationships with leading telecommunications operators throughout
Africa - Exclusive strategic messaging infrastructure with major African mobile operators
Management believes Ultranet provides IQSTEL with an established operating platform and strategic customer relationships that will accelerate the commercialization of the Company's Digital Services portfolio throughout the region while further strengthening its global presence.
Following the acquisition, IQSTEL expects to operate at an annualized revenue run rate exceeding
Digital Services: The Next Phase of IQSTEL's Growth
While IQSTEL's telecommunications business has successfully created scale and established global customer relationships, management believes the Company's Digital Services portfolio represents its next major growth opportunity and the principal driver of its next phase of EBITDA expansion.
Unlike traditional wholesale telecommunications services, many Digital Services are expected to generate substantially higher gross margins while creating scalable, recurring revenue streams.
IQSTEL's Digital Services portfolio includes:
- Proprietary Artificial Intelligence platforms
- AI Voice Agents and Intelligent Communications
- Enterprise AI Automation
- AI-powered telecommunications applications
- Cybersecurity solutions developed with Cycurion
- Fintech solutions through GlobeTopper
- Digital Health technologies
- Content Services
Each solution has been designed specifically for telecommunications operators and enterprise customers, enabling rapid deployment while minimizing implementation complexity.
Rather than adapting third-party software, IQSTEL has developed many of these technologies internally based on nearly two decades of telecommunications expertise and direct industry experience. Management believes this purpose-built approach provides the Company with a significant competitive advantage.
Management expects the Digital Services division to become the Company's primary engine of profitability beginning in 2027. Following the anticipated achievement of an Adjusted EBITDA run rate of approximately
By leveraging IQSTEL's existing global commercial platform—including relationships with more than 600 telecommunications operators and a potential reach of approximately 2.3 billion end users—the Company believes it is uniquely positioned to scale these higher-margin solutions without the need to build a new global distribution network, creating significant operating leverage and accelerating long-term profitability.
The Roadmap to the Next Phase of Growth
Management believes IQSTEL has established a clear roadmap for its next phase of earnings and shareholder value creation.
The expected closing of the Ultranet acquisition this quarter is anticipated to increase the Company's Adjusted EBITDA run rate to more than
Building on that foundation, management's next objective is to optimize the combined business through the successful integration of Ultranet, continued organic growth, operating efficiencies, and a strategic acquisition, with the goal of increasing the Company's Adjusted EBITDA run rate to approximately
Management believes achieving this objective will establish a stronger financial platform entering 2027.
From that point forward, IQSTEL expects its Digital Services division to become the Company's primary engine of EBITDA expansion. By leveraging its existing global commercial platform to commercialize higher-margin solutions—including Artificial Intelligence, Intelligent Communications, Cybersecurity, Fintech, Digital Health, Enterprise Automation, and Content Services—management expects to begin the next phase of its EBITDA growth strategy in 2027, with the long-term objective of progressively increasing the Company's Adjusted EBITDA run rate toward
Management believes this roadmap reflects a natural evolution from building infrastructure to monetizing that infrastructure through proprietary technology and scalable digital solutions.
A Competitive Advantage Built on Technology and Distribution
Management believes IQSTEL possesses a competitive advantage that few companies in the telecommunications or technology sectors can replicate.
Over nearly two decades, the Company has built a global commercial distribution platform through trusted relationships with more than 600 telecommunications operators, expected to span approximately 30 countries following the anticipated closing of the Ultranet acquisition. Through these relationships, management believes IQSTEL has the potential to reach approximately 2.3 billion end users worldwide.
At the same time, IQSTEL has invested in developing its own portfolio of proprietary Digital Services through its internal research and development organization, led by Jose Enrique Puente, Head of AI & R&D. As highlighted during the Company's recent Force Family Office Webinar, these technologies include Artificial Intelligence platforms, AI Voice Agents, Enterprise Automation, Cybersecurity, Fintech, Digital Health, and other digital solutions specifically designed for telecommunications operators and enterprise customers.
Management believes the combination of proprietary technology and an established global distribution platform creates a differentiated business model capable of accelerating commercialization, reducing customer acquisition costs, expanding margins, and driving long-term profitability.
Rather than spending years building a global sales organization after developing new products, IQSTEL believes it can immediately commercialize new Digital Services through the commercial relationships it has already established over nearly twenty years.
Investors and interested parties are encouraged to watch the complete webinar:
CEO Commentary
"Surpassing an Adjusted EBITDA run rate of
"More importantly, it marks the beginning of our next phase of growth—not the end of it.
For nearly twenty years, we have invested in building a global telecommunications platform, establishing trusted relationships with hundreds of operators around the world, and developing proprietary technologies designed specifically for our industry. Today, we believe those investments have created a commercial platform that is difficult to replicate.
Our roadmap is clear. First, we expect the integration of Ultranet to take us beyond an
What makes IQSTEL different is that we already have both the technology and the distribution. We believe very few companies can combine proprietary AI and Digital Services with commercial relationships spanning more than 600 telecommunications operators and the potential to reach approximately 2.3 billion end users worldwide.
We believe we are entering one of the most exciting chapters in IQSTEL's history, and we remain focused on transforming the platform we have spent nearly two decades building into a powerful engine for sustainable growth, expanding profitability, and long-term shareholder value."
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a global telecom and technology company operating in 21 countries with over 600 Telecommunication Carrier Interconnections. The company delivers international voice, SMS, messaging, connectivity, and mobile financial services to telecom operators and enterprise customers worldwide. Built through a decade of organic growth and strategic acquisitions, IQSTEL is now expanding into AI-powered communications and cybersecurity through its RealityBorder.com AI Division and Cycurion partnership.
For more information, please visit www.IQSTEL.com.
Official Investors Landing Page: www.landingpage.iqstel.com
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.
Media and Investor Relations:
Ethan Walfish
Head of Investor Relations
IQSTEL Inc.
300 Aragon Avenue, Suite 375
Coral Gates, FL 33134
Email: ir@iqstel.com
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