IQST - IQSTEL Releases 2026 Shareholder Letter Outlining Strategic Plan to Accelerate Profitability, Consolidation, and Long-Term Shareholder Value

Rhea-AI Summary

IQSTEL (NASDAQ: IQST) released its 2026 Shareholder Letter outlining a focused execution plan to consolidate telecom operations, accelerate profitability, and expand its global footprint. Key 2026 targets include reaching a $15 million adjusted EBITDA run rate, expanding telecom licenses into at least 3 additional countries, growing commercial presence to ~30 countries, and scaling Fintech, Cybersecurity, and AI services. The company says Fintech now represents ~20% of revenue and EBITDA, plans a cybersecurity launch targeting ~5% of bottom-line in 2026, and intends to sustain an annual dividend after declaring its first on Dec 30, 2025. IQSTEL notes a current market valuation of less than 1x EBITDA and targets closing toward 10x and then 20x EBITDA by 2027.

Positive

• $15M adjusted EBITDA run-rate target for 2026
• Fintech now ~20% of revenue and EBITDA after Globetopper
• Declared first annualizable dividend on Dec 30, 2025
• Plan to add telecom licenses in at least 3 new countries in 2026

Negative

• Current market capitalization at less than 1x EBITDA
• Institutional ownership approximately 5% (targeting 10%)

News Market Reaction

+1.37%

4 alerts

+1.37% News Effect

+3.3% Peak Tracked

+$180K Valuation Impact

$13M Market Cap

1.2x Rel. Volume

On the day this news was published, IQST gained 1.37%, reflecting a mild positive market reaction. Argus tracked a peak move of +3.3% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $180K to the company's valuation, bringing the market cap to $13M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Adjusted EBITDA target: $15 million run rate Revenue ambition: $1 billion revenue run rate Country footprint target: Approximately 30 countries +5 more

8 metrics

Adjusted EBITDA target $15 million run rate Management objective for 2026

Revenue ambition $1 billion revenue run rate Stated goal for 2027

Country footprint target Approximately 30 countries Planned global commercial presence

New licenses plan At least 3 additional countries Expansion of telecom licenses in 2026

Fintech contribution Approximately 20% Share of revenue and EBITDA from Fintech after Globetopper acquisition

Cybersecurity profit goal Approximately 5% of bottom line Target contribution from new cybersecurity services in 2026

Institutional ownership increase From approximately 5% to 10% Investor base objective for 2026

First dividend date December 30, 2025 Date first-ever dividend was declared and distributed

Market Reality Check

Price: $2.49 Vol: Volume 63,245 vs 20-day a...

low vol

$2.49 Last Close

Volume Volume 63,245 vs 20-day average 97,669 (about 35% lighter than usual), suggesting muted trading interest ahead of this update. low

Technical Shares at $2.91 are trading well below the $7.85 200-day MA and sit about 91% under the $32.15 52-week high, near the 52-week low of $2.81.

Peers on Argus

IQST was down 4.59% while key peers were mixed: KORE up 5.3%, PCLA modestly high...

IQST was down 4.59% while key peers were mixed: KORE up 5.3%, PCLA modestly higher, SURG flat, and FNGR and KVHI down ~2–3%, pointing to stock-specific dynamics rather than a broad telecom move.

Historical Context

5 past events · Latest: Dec 29 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 29	Year-end recap	Positive	+14.7%	Transformational 2025 recap with uplisting, revenue/EBITDA run-rate milestones, dividend.
Dec 15	Dividend announcement	Positive	-2.4%	First-ever share-based dividend with defined record date and distribution details.
Dec 10	Strategic update	Positive	-0.2%	Interview on 2025 accomplishments, Cycurion collaboration, and debt-free capital structure.
Dec 05	Dividend details	Positive	-2.1%	Confirmation of one-time <b>$500,000</b> share dividend and structure with Cycurion.
Dec 03	Dividend confirmation	Positive	+2.5%	Reaffirmed <b>$500,000</b> stock dividend and mechanics of share distribution.

Pattern Detected

Recent history shows several instances where seemingly positive updates, especially around dividends and strategy, were followed by flat or negative next‑day moves, alongside occasional strong positive reactions.

Recent Company History

Over the past month, IQSTEL highlighted multiple shareholder-focused milestones, including confirmation and payment of a $500,000 share-based dividend and a detailed recap of 2025 achievements such as a $400M revenue run rate and $2.7M EBITDA run rate. These events produced mixed price reactions, with both gains and pullbacks. The new 2026 shareholder letter continues this thread, emphasizing execution toward a $15M EBITDA run rate and long-term value, building directly on the prior dividend and strategy communications.

Market Pulse Summary

This announcement lays out IQSTEL’s 2026 execution plan, centered on reaching a $15M adjusted EBITDA...

Analysis

This announcement lays out IQSTEL’s 2026 execution plan, centered on reaching a $15M adjusted EBITDA run rate, expanding telecom licenses and acquisitions toward roughly 30 countries, and growing high‑margin Fintech, cybersecurity, and AI services. It follows 2025 milestones that included a first-ever dividend and a rising Fintech contribution of about 20% of revenue and EBITDA. Investors may watch how quickly acquisitions close, platform consolidation progresses, and new cybersecurity offerings begin contributing to the bottom line.

Key Terms

adjusted EBITDA, Fintech, cybersecurity, AI-driven services, +3 more

7 terms

adjusted EBITDA financial

"clear objectives including reaching a $15 million adjusted EBITDA run rate"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

Fintech financial

"scaling high-margin Fintech, Cybersecurity, and AI-driven services"

FinTech, short for financial technology, refers to new tools and software that make managing money easier and more convenient, like mobile payment apps or online banking. It matters because it helps people and businesses access financial services faster, often at lower costs, changing how we handle money in everyday life.

cybersecurity technical

"officially launch our cybersecurity services for the telecom industry"

Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.

AI-driven services technical

"expanding the commercial deployment of our AI-driven services for the contact center"

Services that use artificial intelligence software to perform tasks such as analyzing data, automating routine work, personalizing customer interactions or making predictions. Investors care because these services can lower costs, speed decision making and create new revenue streams like giving a company a smarter toolkit or an autopilot for some business functions, but they also bring technology, regulatory and competitive risks that affect future profits.

telecom licenses regulatory

"Currently, IQSTEL holds telecom licenses in the United States and Switzerland."

Telecom licenses are official permits from regulators that give a company the legal right to build and operate communications networks or use specific radio frequencies, much like a driver's license lets a person legally operate a car on public roads. They matter to investors because the number, type and duration of these permits determine how widely a company can sell services, how quickly it can expand, and how much competition or regulatory risk it faces—key factors for future revenue and valuation.

institutional ownership financial

"commitment to transparency , institutional ownership, and sustained shareholder value"

The percentage of a company's outstanding shares owned by large professional investors—such as mutual funds, pension funds, hedge funds and insurance companies. These big, organized owners are like a few large buckets holding much of the stock; their buying or selling can move the price, affect how easily shares trade, and signal confidence or concern to other investors, so changes in institutional ownership can influence market behavior and corporate decisions.

dividend policy financial

"pursue a sustainable, recurring dividend policy aligned with operating performance"

A dividend policy is a company’s rule for how it shares profits with shareholders versus keeping them to grow the business. Think of it like a household deciding each month how much to spend, save, or invest: the policy determines how much cash investors can expect as regular income, how stable that income is likely to be, and what the company prioritizes—paying returns now or funding future growth. Investors use it to gauge income reliability and management’s confidence in the business.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 6, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) today released its 2026 Shareholder Letter, providing a comprehensive overview of the Company's strategic priorities, growth initiatives, and value creation roadmap for the coming year. The letter outlines IQSTEL's plans to further consolidate its telecom operations, expand its global footprint, accelerate profitability, and strengthen its positioning as a fully integrated global telecom and technology corporation.

As detailed in the Shareholder Letter, 2026 represents a pivotal execution year for IQSTEL, with clear objectives including reaching a $15 million adjusted EBITDA run rate, expanding telecom licenses and commercial presence to nearly 30 countries, scaling high-margin Fintech, Cybersecurity, and AI-driven services, and advancing our long‑standing commitment to transparency , institutional ownership, and sustained shareholder value creation . The Company also reaffirmed its commitment to disciplined capital allocation, including its intention to pursue a sustainable, recurring dividend policy aligned with operating performance .

Shareholder Letter – Strategic Outlook for 2026

Dear Shareholders,

As we enter 2026, IQSTEL is focused on executing a clear and disciplined strategy designed to strengthen our operating platform, accelerate profitability, and continue transforming the company into a fully integrated global corporation.

The coming year represents a pivotal phase in our evolution. Below, we outline the key strategic initiatives that will guide our execution throughout 2026.

Building a Single, Integrated Telecom Corporation

One of our top priorities for 2026 is to initiate the process of acquiring 100% ownership of several of our most strategic telecom subsidiaries. This effort is a fundamental step toward consolidating our Telecom division into one single, fully integrated corporation, improving governance, transparency, and operational efficiency.

In parallel, we plan to complete the migration of most of our telecom subsidiaries into a single, unified technological platform, and ultimately finalize the migration for all subsidiaries in which IQSTEL expects to hold 100% ownership. This consolidation will significantly reduce operating costs, improve scalability, and enhance service quality.

Expanding Licenses and Global Commercial Footprint

Currently, IQSTEL holds telecom licenses in the United States and Switzerland. In 2026, we plan to expand our licensing footprint into at least three additional countries, further strengthening our regulatory positioning and long-term competitiveness.

We also intend to complete additional telecom acquisitions aimed at expanding our commercial footprint to at least six new countries, bringing us closer to a presence in approximately 30 countries worldwide. These acquisitions will be highly selective and focused on strategic fit, recurring revenue, and margin contribution.

Profitability and Long-Term Growth Vision

Through a combination of organic growth and targeted acquisitions, our objective for 2026 is to reach a $15 million adjusted EBITDA run rate. This milestone is a key step in preparing IQSTEL to become a $1 billion revenue run-rate company by 2027.

Today, IQSTEL's market capitalization reflects a valuation of less than 1x EBITDA, which we believe does not accurately represent the strength of our business platform, growth prospects, or long-term potential. In line with our execution plan, we will continue working to increase the market value of the company, closing the valuation gap toward a 10x EBITDA multiple as a first stage, and positioning IQSTEL to pursue a 20x EBITDA valuation by 2027.

Fintech, Cybersecurity, AI, and High-Tech Services

Following the Globetopper acquisition, IQSTEL's Fintech services now represent approximately 20% of our revenue and EBITDA stream, marking a significant milestone in the diversification and quality of our business mix. We view this achievement as only the beginning of a broader expansion of our high-tech, high-margin service portfolio.

In 2026, we plan to officially launch our cybersecurity services for the telecom industry, with the support of our sibling company, Cycurion, with the objective that this business contributes approximately 5% of our bottom-line results during the year.

At the same time, we will continue developing AI-based solutions for the telecom industry, also in collaboration with Cycurion, while expanding the commercial deployment of our AI-driven services for the contact center industry, reinforcing our strategic focus on high-tech, high-margin offerings.

Investor Engagement, Transparency, and Shareholder Value Creation

We remain committed to expanding and strengthening our shareholder base. In 2026, we will continue our roadshow efforts with family offices, with the objective of increasing institutional and long-term holdings from approximately 5% to 10%.

We have also successfully declared and distributed IQSTEL's first-ever dividend to our shareholders on December 30, 2025, a meaningful milestone that reflects our confidence in the company's operating performance and financial position. Based on operating performance, it is our intention to replicate this dividend policy on a yearly basis, reinforcing our commitment to disciplined capital allocation and long-term shareholder value creation.

Additionally, we plan to initiate quarterly live earnings calls with shareholders, further enhancing transparency, communication, and engagement with the investment community.

Closing Remarks

2026 is a year of execution, consolidation, and preparation for the next stage of IQSTEL's growth. As we continue to develop and execute this plan, we expect to accelerate the closing of our valuation gap, moving from a current market valuation of less than 1x EBITDA toward a 10x EBITDA multiple.

We believe this process will be non-linear and increasingly powerful as our adjusted EBITDA approaches a $15 million run rate during the year, reflecting the operating leverage embedded in our platform and the impact of disciplined execution across our business lines.

IQSTEL is a fast-growing corporation operating at the intersection of Telecom and Technology, with a clear path toward becoming a $1 billion company by 2027. As a NASDAQ-listed company with a relatively small public float, a convertible debt-free balance sheet, and a clean, disciplined capital structure, IQSTEL is building a highly strategic profile.

With what we believe to be a significantly undervalued market capitalization, we expect that as our business platform continues to scale, IQSTEL's strategic positioning within the global technology and telecom ecosystem will continue to strengthen, enhancing the Company's visibility, relevance, and long-term strategic value among industry participants.

We believe 2026 will be a remarkable year for IQSTEL shareholders, as we lay the foundation for sustained value creation over the coming decades.

We appreciate your continued trust and support as we move forward with confidence, discipline, and a clear focus on long-term shareholder value creation.

Sincerely,
Leandro Iglesias
President & CEO
IQSTEL Inc.

About IQSTEL Inc.

IQSTEL Inc. (NASDAQ: IQST) is a Global Connectivity, AI, and Digital Corporation 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 $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.

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.

Official Investors Landing Page: www.landingpage.iqstel.com

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SOURCE iQSTEL

FAQ

What is IQSTEL's 2026 adjusted EBITDA target (IQST)?

IQSTEL targets a $15 million adjusted EBITDA run rate in 2026.

How much of IQSTEL's revenue does Fintech represent after Globetopper (IQST)?

Fintech represents approximately 20% of IQSTEL's revenue and EBITDA following the Globetopper acquisition.

When did IQSTEL declare its first dividend and will it continue (IQST)?

IQSTEL declared and distributed its first dividend on December 30, 2025 and intends to pursue a recurring annual dividend tied to operating performance.

What global expansion does IQSTEL plan for 2026 (IQST)?

IQSTEL plans to obtain telecom licenses in at least 3 additional countries and expand commercial presence toward ~30 countries.

What valuation gap did IQSTEL identify and what are its targets (IQST)?

IQSTEL states its current market valuation is less than 1x EBITDA and aims to close the gap toward 10x EBITDA and ultimately 20x by 2027.

What contribution does IQSTEL expect from cybersecurity in 2026 (IQST)?

IQSTEL expects cybersecurity services to contribute about 5% of bottom-line results in 2026.