Celebrating 120 Days on Nasdaq: IQSTEL's Journey of Growth
In just 120 days of trading on Nasdaq, IQSTEL Inc. (NASDAQ: IQST) has made significant strides in its mission to become a leader in Global Connectivity, AI, and Digital services. The company recently released its shareholder letter outlining a strong performance, a diverse growth strategy, and an expanding relationship with institutional investors, which together underscore IQSTEL's robust position in the fast-evolving markets of telecommunications, fintech, artificial intelligence, and cybersecurity.
A Snapshot of Growth and Reach
With operations spanning over 20 countries and partnerships with more than 600 of the largest telecom operators globally, IQSTEL is poised to leverage its extensive network for maximizing growth. CEO Leandro Iglesias noted that the company is firmly on track to achieve a revenue target of $1 billion by 2027, and forecasts for 2026 project a $15 million EBITDA run rate. Achieving $35 million in revenue during July alone has positioned IQSTEL to surpass a $400 million annual run rate — significantly ahead of initial expectations.
As part of its growth strategy, IQSTEL has diversified its business across four key lines: Telecommunications, Fintech, Artificial Intelligence, and Cybersecurity. This diversification not only enhances service offerings but also allows the company to build synergies across various segments, thereby improving profit margins.
Strategic Collaborations and Innovations
One of the most exciting developments for IQSTEL has been the strategic alliance with Cycurion, a company specializing in cybersecurity solutions trusted by U.S. federal agencies. This relationship has enabled IQSTEL to integrate advanced cybersecurity services into its portfolio, further enhancing value for clients and shareholders alike. As part of this partnership, IQSTEL executed a $1 million stock exchange aimed at fostering deeper collaboration and announced plans to distribute $500,000 in Cycurion shares to its shareholders, reinforcing its commitment to value creation.
Moreover, the launch of the AI-focused platform
IQ2Call.ai highlights IQSTEL’s ambition to tap into the burgeoning $750 billion telecom market. This innovative platform is designed to enhance customer care operations, primarily focusing on healthcare call centers in the U.S., indicating IQSTEL's intent to embed cutting-edge AI into everyday services.
Financial Strength and Organic Growth
IQSTEL’s financial maneuvers reflect a strategy aimed at long-term sustainability and growth. The recent reduction of approximately $6.9 million in debt has significantly improved its balance sheet, equating to nearly $2 per share. Notably, a considerable portion of this debt was converted into Preferred Shares by supportive investors. This step not only affirms investor confidence but also strengthens IQSTEL's financial operations and puts it in an advantageous position for future acquisitions.
The company is also monitoring additional acquisition targets that align with its strategic business objectives, aiming to capitalize on synergistic opportunities. Over the next year, IQSTEL plans to begin discussions with three candidates identified to enhance its operational capacity.
Institutional Recognition and Market Outlook
The journey of IQSTEL to solidify its position on Nasdaq has garnered significant attention, with about 12 institutional investors now holding approximately 4% of the company’s shares. This recent institutional interest is a testament to IQSTEL’s upward trajectory and market potential. \(Litchfield Hills Research\) has even issued an optimistic report with an $18 price target, projecting considerable upside potential.
The culmination of these efforts positions IQSTEL as a formidable player in the tech-driven business landscape. As CEO Leandro Iglesias articulated, “Our progress over the past 120 days on Nasdaq has been a direct result of the strong foundation we have built and the clear vision we are executing.”
Continued innovation, strategic acquisitions, and strong financial management remain cornerstones of IQSTEL's roadmap as it moves forward. The company is dedicated to creating lasting value for its shareholders and is committed to achieving its growth targets while expanding its footprint in the AI and Digital sectors.
In conclusion, as IQSTEL reflects on its accomplishments thus far, it remains poised for future success. With a clear strategic vision and an unwavering commitment to innovation, the next chapter for IQSTEL could be even more exciting.
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a Global Connectivity, AI, and Digital Corporation that provides advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. Currently operating in 21 countries, IQSTEL employs around 100 staff and aims for a revenue forecast of $340 million for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech enterprise by 2027.