IQSTEL Achieves Debt-Free Status and Plans $500,000 Dividend
IQSTEL Inc. (NASDAQ: IQST), a leader in global connectivity and digital solutions, has made headlines recently with its announcement of a significant financial milestone. The company has successfully eliminated all of its convertible notes, propelling it into the ranks of debt-free corporations. This achievement solidifies IQSTEL’s commitment to enhancing shareholder value, as it gears up to distribute a $500,000 dividend in shares by the end of 2025.
A New Era for IQSTEL
The CEO of IQSTEL, Leandro Iglesias, described this moment as a defining point in the company’s trajectory. "We have finally wiped out convertible debt and completed payments for our recent acquisitions, marking a new chapter for our growth and strategy execution capabilities,” Iglesias stated. With $17.41 in assets per share and no outstanding warrants, IQSTEL is demonstrating its robust financial health, allowing it greater flexibility to continue its expansion efforts.
Financial Growth and Shareholder Value
The announcement of the planned $500,000 dividend is not just a reward for current investors but serves as a tangible symbol of IQSTEL's progress in reducing liabilities. By focusing on increasing tangible assets, the company is committed to delivering genuine financial benefits to its shareholders. This measure not only aims to build financial stamina but also enhances investor confidence in IQSTEL’s strategic direction.
IQSTEL is also accelerating its collaboration with Cycurion, a cybersecurity services company, to further diversify its portfolio with cutting-edge technology solutions for telecom and enterprise markets. This partnership represents IQSTEL's entry into the cybersecurity space, where it aims to leverage its AI capabilities for superior service delivery.
Strategic Initiatives for Future Growth
IQSTEL's roadmap is clearly outlined, targeting a $15 million EBITDA run rate in 2025 and aiming for a revenue run rate of $1 billion by 2027. Such ambitious projections underscore the company’s strategic positioning as a comprehensive Global Connectivity, AI, and Digital Corporation.
In efforts to maintain transparency and keep investors informed, IQSTEL has launched an Investor Landing Page. This dedicated portal will provide stakeholders with timely access to key financial metrics, strategic plans, and essential updates about the company’s performance and vision.
Conclusion: A Bright Future Ahead
With a clean capital structure and no convertible debt, IQSTEL is set to press forward and innovate in various high-margin business sectors. The combination of eliminating debt, rewarding shareholders with dividends, and expanding into new verticals, such as AI and cybersecurity, sets a promising tone for the company’s future. As IQSTEL consolidates its standing in the market, its focus remains firmly on driving long-term shareholder value and executing its growth strategies effectively. For more detailed information about IQSTEL’s initiatives and performance, visit their Investor Landing Page at
www.landingpage.iqstel.com.