IQSTEL Surpasses $101 Million in Preliminary Revenue, Eyes $340 Million Target for 2025

IQSTEL Sees Significant Revenue Growth in 2025

IQSTEL Inc. (NASDAQ: IQST), a prominent name in the fields of telecommunications and fintech, has recently revealed its preliminary revenue figures for the first five months of 2025. The company recorded an impressive $101.5 million, affirming its position to meet the anticipated annual revenue forecast of $340 million. This announcement is not only a testament to IQSTEL's robust business strategy but also highlights its accelerating momentum as it heads into the latter half of the year.

In May alone, IQSTEL posted net revenues of $23.7 million, with projections suggesting that this may rise to approximately $33 million per month by the year's end. This surge can be attributed to a combination of organic growth strategies and substantial integrations within the company. The outlook is particularly optimistic, with a potential annualized revenue run rate of $400 million predicted by the conclusion of 2025.

A pivotal contributor to this upward trajectory is the imminent incorporation of GlobeTopper, a fintech platform that is expected to enhance IQSTEL's revenue significantly. Set to join the company shortly, GlobeTopper specializes in a variety of B2B digital prepaid products, including innovative gift card solutions. This acquisition is anticipated to not only bolster revenue but also improve earnings before interest, taxes, depreciation, and amortization (EBITDA), significantly enhancing IQSTEL's fintech division.

IQSTEL's recent uplisting to NASDAQ has sparked considerable market interest, as evidenced by robust trading volumes. The management team perceives this uptick as a strong endorsement of the company's long-term growth strategy and value. CEO Leandro Iglesias conveyed enthusiasm regarding the company’s financial future, stating, "We are now entering the stage where adjusted EBITDA in the millions is beginning to take shape. This is a major step toward unlocking real shareholder value."

Iglesias emphasized the company's current growth momentum, suggesting that the latter half of 2025 could mark a significant milestone in IQSTEL's trajectory as it ramps up high-margin business units and continues to nurture a supportive public market.

About GlobeTopper

GlobeTopper.com is recognized as a frontrunner in providing top-up solutions for B2B operations, enabling seamless cross-border transactions. Its proven business model and leadership under IQSTEL are expected to foster considerable growth in the coming years.

The Vision Ahead

With operations spanning across 21 countries and a dedicated workforce of 100 employees, IQSTEL is making strategic moves towards becoming a billion-dollar technology enterprise by 2027. The company’s focus on delivering high-value services in telecom and fintech sectors places it in a promising position to leverage future opportunities.

In conclusion, IQSTEL's growth saga illustrates a compelling narrative that underscores the company’s striving ambition within telecommunications and fintech. The firm’s commitment to transparency and performance accountability, particularly in reporting its non-GAAP measures, showcases its proactive effort to keep shareholders and stakeholders well-informed as it embarks on this significant growth journey.