Iqstel (IQST) Stock News

IQSTEL Inc. (IQST) has announced its uplisting from OTCQX to the NASDAQ Capital Market, with trading set to commence on May 14th, 2025, under the ticker symbol IQST. The company has evolved from a telecom operator to a global technology enterprise since its 2018 inception, growing from initial revenue of $13.8 million to setting an ambitious target of $1 billion in annual revenue by 2027.

This NASDAQ uplisting represents a strategic milestone that aims to enhance investor visibility, provide access to institutional capital, and facilitate the company's growth trajectory through improved valuation alignment with peers and increased capability for strategic acquisitions.

IQSTEL (OTCQX: IQSTD) announces a strategic transformation from a telecom provider to a high-tech innovator, led by its subsidiary QXTEL. The company unveiled its new eSIM and Roaming Connectivity Services platform at ITW 2025 in Washington, D.C. The white-label platform offers complete MVNO solutions including IMSI ownership, network infrastructure, and data roaming agreements with 40+ mobile operators. QXTEL's CEO Tolga Alemdar outlined a three-year plan focusing on high-tech telecom services while maintaining existing operations. IQSTEL aims to reach $1 billion in annual revenue by 2027 and is pursuing a NASDAQ uplisting. The company believes this transformation, combined with its tight capital structure, positions it for significant growth and potential shareholder value appreciation as it transitions from a telecom provider to a technology powerhouse.

IQSTEL Inc. (IQSTD) is preparing for a NASDAQ uplisting with a lean structure of 2.6 million outstanding shares. The company reported strong 2024 results with $283.2 million in revenue (95.9% YoY growth) and revenue per share of $1.40. Through its divisions in Telecommunications, Fintech, AI, and Cybersecurity, IQSTEL aims to reach $1 billion in revenue by 2027. Q1 2025 showed continued growth with revenue of $57.6 million (+12% YoY) and improved gross margins of 3.36%. The company plans a direct NASDAQ listing without capital raising, as it already meets equity requirements. IQSTEL's market cap currently stands at only 10% of its revenue, suggesting significant undervaluation. The company recently signed an MOU to sell ItsBchain subsidiary, with $500,000 in ASII shares to be distributed to shareholders.

IQSTEL (OTCQX: IQST) has announced its strategic decision to uplist to NASDAQ and has executed an 80:1 reverse stock split to meet minimum listing requirements. The company reported strong financial performance with $283 million in revenue for 2024, representing a 96% year-over-year growth. IQSTEL's assets stand at $79 million, with operations in over 20 countries. The company plans a direct listing without raising capital, avoiding dilution. Key investors have extended their instrument maturity to Q1 2026. The uplisting aims to enhance credibility, facilitate M&A opportunities, attract institutional investors, and provide better protection against short selling. IQSTEL's core telecom division reports positive adjusted EBITDA and net income, demonstrating business model scalability.

iQSTEL (OTCQX: IQST) has announced a 1-for-80 reverse stock split effective May 2, 2025, as part of its strategy to uplist to the Nasdaq Capital Market. The split aims to increase the stock price to meet Nasdaq's $4.00 minimum requirement. The company will temporarily trade as "IQSTD" for 20 business days before reverting to "IQST". Following the split, outstanding shares will decrease to approximately 2.63 million, with authorized shares reduced to 3.75 million. The split will proportionally adjust all securities including convertible preferred stock, options, and warrants. Stockholders' equity percentages will remain unchanged, with fractional shares rounded up. No action is required from stockholders holding shares in brokerage accounts.

IQSTEL Inc. (OTC QX: IQST) reported strong financial performance in 2024 with revenue of $283.2 million, representing a 95.9% year-over-year increase. The company achieved $1.40 revenue per share and expanded its asset base to $79 million, a 257% increase. Stockholders' equity rose to $11.9 million, up 48% year-over-year.

The company announced two strategic moves: an MOU to acquire a 51% stake in GlobeTopper, expected to push revenue toward a $400 million run rate, and an agreement to sell ItsBchain subsidiary with plans to distribute $500,000 worth of ASII shares to shareholders. IQSTEL maintains its target of reaching $1 billion in revenue by 2027, focusing on telecommunications, fintech, cybersecurity, and AI services.

For 2025, IQSTEL forecasts $340 million in revenue, with potential to reach $400 million run rate if the GlobeTopper acquisition completes. The company's Telecom Division generated $2.5 million in adjusted EBITDA and $1.7 million in Net Income in 2024.

IQSTEL (OTCQX: IQST) has reported remarkable financial results for 2024, achieving $283.2 million in revenue, representing a 95.9% year-over-year increase from $144.5 million in 2023. The company's total assets surged by 257% to $79.0 million, up from $22.2 million in 2023.

Key financial highlights include:

• Revenue per share increased 66.67% to $1.40
• Operating subsidiaries achieved $2.5 million in Adjusted EBITDA
• Stockholder equity grew 48% to $11.9 million
• Organic growth reached 36.46% ($52.7 million)

The QXTEL acquisition has been transformational, with $4.2 million already paid and $1.8 million remaining to be paid in 2025. For 2025, IQSTEL targets $340 million in revenue and expects operating businesses to exceed $3 million in Adjusted EBITDA. The company aims to implement cost-saving initiatives targeting $1 million in annual savings while expanding into high-margin technology services.

IQSTEL (OTCQX: IQST) has signed a Memorandum of Understanding (MOU) to acquire a 51% stake in GlobeTopper (GT), a fintech company specializing in B2B Top-Up solutions. The acquisition, valued at $700,000, will be paid through $200,000 in cash installments and $500,000 in IQST common shares.

Following its $283 million revenue in FY-2024, IQST forecasts $340 million for 2025. GlobeTopper reported $39.4 million in revenue and $190,000 EBITDA for FY-2024, with projected growth to $60 million revenue and $450,000 EBITDA in FY-2025.

IQST will provide an additional $1.2 million in growth capital over 24 months through $50,000 monthly installments. The acquisition aims to strengthen IQST's Fintech division and leverage cross-selling opportunities across its telecom customer base in 21 countries, supporting its goal of reaching $1 billion in revenue by 2027.

iQSTEL (OTCQX: IQST) has announced the signing of an MOU to sell its 75% stake in itsBchain to Accredited Solutions (OTC: ASII) for $1 million. The transaction structure includes $500,000 in ASII preferred shares and $500,000 in ASII common shares.

The deal represents a profitable exit from a pre-revenue subsidiary, with the sale price exceeding iQSTEL's total investment. As part of the agreement, iQSTEL will retain a 1% lifetime royalty on itsBchain's total sales and plans to distribute ASII common shares to IQST shareholders as a dividend.

The definitive Purchase Agreement is expected to be executed by July 1, 2025, with a $250,000 penalty clause ensuring ASII's commitment. This strategic move allows iQSTEL to focus on its core business areas: Telecom, Fintech, AI, and Cybersecurity, while supporting its goal of transitioning to a major national exchange.