Strong Revenue Growth
Consolidated revenue of $97.9M in Q1 2026, up ~70% year-over-year from $57.6M; gross revenue before eliminations $98.6M; organic growth represented 87% of total revenue.
Large Commercial Platform and Scale
Commercial relationships with >600 telecom operators, operations in 21 countries across four continents, six strategic offices, potential reach ~2.3 billion end users, and an approximate $400M annual revenue run rate.
Fintech (GlobeTopper) Early Contribution
GlobeTopper contributed ~13% of revenue (~$13M) in its first full comparable quarter and added $829,000 in gross profit, representing 42% of consolidated gross profit — supporting diversification.
Launch of High‑Margin Digital Services and Margin Targets
Launched IQSTEL Digital Services and introduced cybersecurity, digital health, fintech and AI offerings; management expects digital services margins >25% and AI gross margins near 40%, which would materially improve profitability if realized.
Clean Capital Structure and Subsidiary Profitability
No convertible debt and no earnouts outstanding; adjusted EBITDA for operating subsidiaries strongly positive and consolidated adjusted EBITDA nearly breakeven, indicating operating units are profitable and corporate consolidation is close to positive.