#USA #New York #Fintech #iQSTEL #GlobeTopper

IQSTEL and the Successful Acquisition of GlobeTopper

On July 1, 2025, IQSTEL Inc. (NASDAQ: IQST), a market leader in telecommunications and emerging technology, officially finalized its acquisition of a 51% stake in GlobeTopper. This acquisition represents a pivotal moment in IQSTEL's strategy to enhance its fintech solutions and expedite its global expansion plans.

A Major Milestone for IQSTEL

The completion of this acquisition has positioned IQSTEL to accelerate towards its ambitious goal of achieving $1 billion in annual revenue by 2027. Starting with three revenue segments projected by GlobeTopper, IQSTEL anticipates significant financial growth. For the second half of 2025, GlobeTopper expects to generate approximately $34 million in revenue, with plans to reach over $6 million by December of the same year.

Leandro Iglesias, the CEO of IQSTEL, expressed confidence in GlobeTopper's operations saying, "We believe that through the integration of high-margin fintech products and cross-selling opportunities, GlobeTopper will evolve to exceed an annual revenue run rate of $100 million."

Additionally, the strong earnings forecast demonstrates the viability of GlobeTopper’s business model as it adds substantial shareholder value and contributes positively from the onset. Financial projections for GlobeTopper indicate around $85 million in revenue and $620,000 in EBITDA for the fiscal year 2026, showcasing a promising trajectory.

Strategic Vision Reinforced

Iglesias emphasized the strategic importance of this acquisition, stating, "Welcoming GlobeTopper to the IQSTEL family brings us closer to our revenue targets and showcases that our vision for achieving $1 billion in revenues is becoming more tangible." With this integration, IQSTEL is set not only to improve financial performance but also enhance its standing within the capital markets.

Craig Span, the current CEO of GlobeTopper, will continue leading GlobeTopper as it integrates into IQSTEL's fintech framework. Their collaborative efforts will strive to expand in high-value markets, developing services in crucial areas such as cross-border payments and digital wallets across Africa, Europe, and the Americas.

Creating Shareholder Value

The acquisition of GlobeTopper exemplifies IQSTEL's strategy of combining organic growth with targeted acquisitions that are expected to drive shareholder value significantly. With immediate and projected positive EBITDA contributions, the prospects for this acquisition are optimistic.

Investors can anticipate that IQSTEL will announce other initiatives that will further bolster its growth and value proposition in the coming months.

About GlobeTopper

GlobeTopper specializes in providing cutting-edge B2B fintech solutions that facilitate seamless financial transactions globally. Its focus on innovative prepaid digital products differentiates it in the fintech landscape. Following this acquisition, GlobeTopper is set to benefit from IQSTEL's extensive infrastructure and industry connections, which will further enable its growth.

About IQSTEL Inc.

IQSTEL Inc. is a multinational technology firm, providing advanced solutions across telecommunications, fintech, AI-powered platforms, and cybersecurity. Operating in 21 countries with a workforce of 100 employees, the company is poised to achieve $340 million in revenue by the end of the fiscal year 2025. Their trajectory towards becoming a billion-dollar tech enterprise remains firmly on track, driven by innovative strategies and strategic acquisitions.

Conclusion

The news of IQSTEL's successful acquisition of GlobeTopper not only signifies a forward momentum in their business strategy but also promises exciting prospects for revenue growth and enhanced shareholder value. With a focus on integrating fintech solutions and capitalizing on cross-selling opportunities, IQSTEL is setting a solid foundation for sustainable success in the highly competitive technology landscape.