IQSTEL Reports Impressive $77.8 Million Revenue Amid Growth Strategy
IQSTEL Inc. Declares Strong Financial Results
IQSTEL Inc. (NASDAQ: IQST), a prominent player in telecommunications and technology, has shared its preliminary revenue figures for the first four months of 2025, confirming an impressive net revenue of approximately $77.8 million. This statistic marks a notable 12% increase in revenue over the same interval from the previous year, emphasizing the company’s robust growth dynamics. The CEO, Leandro Iglesias, expressed satisfaction with the start of this fiscal year, underlining the historical trend of stronger performance in the latter half, which gives further confidence in achieving the projected yearly revenue of $340 million.
Accelerating Towards a $400 Million Run Rate
In addition to its primary telecom business, IQSTEL is accelerating its expansion into the financial technology sector through the acquisition of GlobeTopper. This profitable fintech entity operates globally across the Americas, Europe, and Africa, significantly bolstering IQSTEL’s revenue-generating potential. With ambitions set to reach a run rate of $400 million by year-end, the projected enterprise will be composed of 80% telecommunications and 20% fintech-related revenues, establishing a diversified revenue stream.
A Positive Trend in Profitability
As it stands, IQSTEL anticipates exceeding $3 million in adjusted EBITDA for the fiscal year, supported by its strategic emphasis on high-margin services and operating efficiencies. The anticipated positive net income in the seven-digit range reflects the company’s focus on scalable business models and optimized operations, further underscoring its financial health and projective profit metrics.
Vision for the Future: $1 Billion Revenue Target by 2027
With a clear strategic roadmap, IQSTEL is steadfast in its vision to aggregate revenues of $1 billion by 2027. The plan amalgamates organic growth with targeted acquisitions and expansion into pivotal technological sectors, including cybersecurity, AI, managed services, and fintech solutions. Iglesias remarked on the importance of achieving critical mass within the sector, where every additional dollar in revenue significantly contributes to the overall net profit.
NASDAQ Uplisting: A Catalyst for Growth
Following its recent uplisting on NASDAQ, IQSTEL is already witnessing a shift in momentum, with increased visibility and credibility among institutional investors. This transition is expected to yield new strategic opportunities and financial partnerships. As Iglesias poignantly noted, being listed on NASDAQ signifies a higher operational standard, further solidifying the company’s standing in the market.
As IQSTEL continues to forge ahead in 2025, it looks poised for a transformative year filled with potential and opportunity, driven by its commitment to innovation and growth.
About GlobeTopper
GlobeTopper, a dedicated fintech company, specializes in B2B Top-Up solutions, thereby facilitating smooth cross-border financial transactions. With its profitable business model and scalability, GlobeTopper is expected to thrive under the IQSTEL umbrella, building synergies that promise substantial growth in the fintech domain.
About IQSTEL Inc.
IQSTEL Inc. operates across 21 countries and offers advanced solutions in Telecom, High-Tech Telecom Services, Fintech, AI solutions, and cybersecurity. The company projects revenues of $340 million for fiscal year 2025, reinforcing its trajectory toward becoming a billion-dollar tech-driven enterprise by 2027. The company employs 100 professionals and serves a diversified global customer base, ensuring impactful service delivery.
In conclusion, IQSTEL’s strategic approach, marked by substantial revenue growth and the expansion into fintech, sets the stage for a future brimming with promise and innovation, reinforcing its commitment to achieving larger financial goals.