IQSTEL Reports Remarkable $128.8 Million Revenue for H1 2025, Poised for Growth
IQSTEL Hits Impressive Revenue Milestone for H1 2025
IQSTEL Inc. (NASDAQ: IQST), headquartered in New York, has unveiled its preliminary unaudited revenue figures, reporting an impressive $128.8 million for the first half of 2025 (H1). This achievement is coupled with a strong monthly performance in June, where revenue surged to $27.3 million, marking a significant increase from May's $23.7 million. The growth trajectory emphasizes the company's strong market momentum across its global telecommunications and technology services.
As part of its strategic growth strategy, IQSTEL will begin incorporating revenue from its newly acquired subsidiary, Globetopper, starting July 1st. This acquisition is anticipated to contribute an additional $5 million to $6 million per month, further solidifying IQSTEL's position in the competitive telecom landscape. The company is on track to achieve a $400 million annualized revenue run rate by Q3, well ahead of its original timeline that projected reaching this goal by year-end.
Leandro Iglesias, CEO of IQSTEL, has expressed optimism regarding the company's current performance and future prospects. "We are excited about the robust results from the first half and are even more eager for what's to come," Iglesias stated. "Historically, the second half of the year delivers even stronger results, and with Globetopper integrated into our operations, we are confident in meeting our $340 million revenue forecast for 2025."
The growth of IQSTEL reflects a broader transformation from a traditional telecom operator to a high-tech entity focused on innovation and customer value. Core to this strategy is the launch of high-margin products, such as the recently introduced IQ2Call.ai, which is designed to enhance service offerings in a competitive market.
The company aims to not only boost its revenue streams but also to improve its bottom line through this strategic focus. The executive team at IQSTEL anticipates that these advancements will lead to increased net income and adjusted EBITDA as the business continues its aggressive expansion strategy.
IQSTEL's approach combines organic growth and strategic acquisitions, establishing the company as a vital player in next-generation telecom and technology services. "This is just the beginning," Iglesias emphasized. "From generating $13 million in revenue in 2018 to approaching $300 million last year, we are laying the groundwork to transform into a $1 billion entity by 2027."
About IQSTEL Inc.
IQSTEL Inc. is a multinational technology company specializing in advanced telecommunications and tech services across various sectors, including fintech and cybersecurity. Operating in 21 countries with a workforce of 100 employees, IQSTEL offers a diverse array of high-value, high-margin services. The firm's focus on innovation positions it strategically for future growth amid rapid industry changes.
It is vital for investors to understand that IQSTEL employs non-GAAP financial measures to evaluate its operational performance. Metrics such as Adjusted EBITDA and Return on Assets are integral for understanding the company's financial health, as traditional GAAP measures may not fully capture the company's growth dynamics.
In conclusion, IQSTEL appears firmly on its path to financial success, significantly propelled by recent strategic moves and market responsiveness. With a dedicated focus on its growth agenda and an expanding product portfolio, the company is poised to redefine benchmarks within the technology and telecommunications sectors.