IQST - IQSTEL (NASDAQ: IQST) Issues June Update: $77.8M Preliminary Revenue, GlobeTopper Acquisition, NASDAQ Momentum, and a Clear Path to $1B
Rhea-AI Summary
Positive
- Achieved 12% YoY revenue growth with $77.8M in preliminary revenue for Jan-April 2025
- Successfully uplisted to NASDAQ via direct listing without shareholder dilution
- Strategic acquisition of 51% stake in GlobeTopper expected to add $65M+ in revenue for 2025
- Strong trading volume of over $35M in 10 days post-NASDAQ listing
- Maintains healthy financial metrics with $14.58 assets per share and low float of <2.5M shares
- Reports positive net income and adjusted EBITDA from operating subsidiaries
Negative
- None.
News Market Reaction
On the day this news was published, IQST declined 4.21%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
IQSTEL reported
NASDAQ Uplisting — Direct Listing
On May 14, 2025, IQSTEL achieved a major milestone with its uplisting to NASDAQ via a direct listing, with no capital raise or shareholder dilution. The listing has expanded IQSTEL's global investor base, increased visibility, and enhanced credibility with both customers and institutional partners.
IQSTEL has been warmly welcomed by the NASDAQ investor community. Over the last 10 trading days, IQST's stock has traded over
GlobeTopper Acquisition: Accelerating Fintech Expansion
IQSTEL recently closed the acquisition of a
Stronger Than Ever: Shareholder Value Metrics
IQSTEL continues to outperform on key financial indicators:
- Assets per share:
$14.58 - Revenue per share: Over
$100 - Equity per share:
$4.38 - Float: <2.5 million shares
- Positive net income and adjusted EBITDA from operating subsidiaries
What's Next: Scaling Innovation Across Telecom and Fintech
With more than 600 global telecom clients, a growing presence in 21 countries, and new fintech assets, IQSTEL is actively expanding its high-margin service offerings. Recent interviews with CEO Leandro Iglesias confirmed plans to integrate GlobeTopper with existing platforms like GlobalMoneyOne, drive new tech services, and finalize additional acquisitions in 2025.
"Our NASDAQ listing is not a finish line — it's the beginning of a new growth chapter," said Iglesias. "With stronger visibility, strategic acquisitions, and scalable platforms, we're moving quickly toward our
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/iqst--iqstel-nasdaq-iqst-issues-june-update-77-8m-preliminary-revenue-globetopper-acquisition-nasdaq-momentum-and-a-clear-path-to-1b-302478276.html
SOURCE iQSTEL
FAQ
What is IQSTEL's (IQST) revenue target for 2025?
When did IQSTEL (IQST) uplist to NASDAQ?
How much revenue will the GlobeTopper acquisition add to IQSTEL (IQST)?
What are IQSTEL's (IQST) key financial metrics per share?
What is IQSTEL's (IQST) long-term revenue goal?
