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iQSTEL
(NASDAQ:IQST)
iQSTEL (IQST) vs. SPDR S&P 500 ETF (SPY)
iQSTEL Business Overview & Revenue Model
iQSTEL Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 283.22M | 144.50M | 93.20M | 64.70M | 44.91M |
| Gross Profit | 8.27M | 4.67M | 1.79M | 1.53M | 962.35K |
| EBITDA | -2.13M | ― | -5.68M | -3.10M | -3.12M |
| Net Income | -5.99M | -763.26K | -8.62M | -4.52M | -6.70M |
Balance Sheet | |||||
| Total Assets | 79.01M | 22.16M | 12.55M | 9.06M | 5.95M |
| Cash, Cash Equivalents and Short-Term Investments | 2.51M | 1.36M | 1.33M | 3.33M | 753.32K |
| Total Debt | 8.05M | 980.18K | 438.44K | 674.05K | 3.91M |
| Total Liabilities | 67.11M | 14.11M | 6.71M | 2.64M | 8.35M |
| Stockholders Equity | 7.22M | 8.42M | 6.76M | 7.42M | -1.39M |
Cash Flow | |||||
| Free Cash Flow | -3.08M | -1.70M | -1.88M | -3.38M | -2.21M |
| Operating Cash Flow | -2.93M | -1.48M | -1.77M | -3.15M | -2.12M |
| Investing Cash Flow | -3.16M | -332.55K | -2.00M | -511.35K | -91.21K |
| Financing Cash Flow | 7.24M | 1.83M | 1.77M | 6.25M | 2.66M |
iQSTEL Technical Analysis
iQSTEL Risk Analysis
iQSTEL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $170.99M | 72.81 | 4.73% | ― | 13.85% | 38.33% | |
69 Neutral | $85.50M | 24.19 | 18.27% | ― | 7.68% | 196.83% | |
55 Neutral | HK$69.25B | -2.01 | -3.62% | 5.51% | -4.24% | -17.51% | |
55 Neutral | $46.16M | ― | 174.77% | ― | -1.52% | 22.36% | |
47 Neutral | $27.28M | ― | -82.43% | ― | 68.99% | -177.32% | |
40 Underperform | $86.14M | ― | -40.25% | ― | 11.55% | -26.87% | |
25 Underperform | $39.13M | 4.15 | -93.09% | ― | -45.64% | ― |
iQSTEL Corporate Events
On July 3, 2025, iQSTEL Inc. executed Debt Exchange Agreements with M2B Funding Corp. and ADI Funding LLC, converting $3,546,136 in debt into 37,110 shares of newly amended Series D Preferred Stock to reduce debt obligations and strengthen its balance sheet. The company also announced a significant $6.9 million debt reduction, achieved through debt conversions into common and Series D Preferred Shares, enhancing its financial position and operational flexibility. This move is part of iQSTEL’s strategic plan to reach $1 billion in revenue by 2027, with the financial impact to be reflected in the Q3 2025 Form 10-Q filing.
The most recent analyst rating on (IQST) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on iQSTEL stock, see the IQST Stock Forecast page.
On June 24, 2025, iQSTEL announced that its executives, Messrs. Iglesias and Quintana, converted their accrued and unpaid salaries totaling $631,500 into 6,571 shares of Series B Preferred Stock. This move reflects a strategic financial decision by the company’s leadership, potentially impacting iQSTEL’s financial structure and signaling confidence in the company’s future performance.
iQSTEL Inc. has converted a portion of its secured convertible promissory notes into common stock, following a reverse stock split on May 2, 2025. On June 4 and June 6, 2025, the company issued 286,640 shares of common stock at a conversion rate of $4.20 per share, reducing the principal and interest on the notes by $1,201,388.90. The remaining principal and interest of $2,879,151.00 are subject to further conversion, limited by a beneficial ownership cap of 9.99%. This move reflects iQSTEL’s strategic financial management and impacts its capital structure, potentially affecting shareholder value and market perception.
On June 2, 2025, iQSTEL Inc. converted two secured convertible promissory notes into 179,993 shares of common stock at a rate of $4.20 per share following a 1-for-80 reverse stock split on May 2, 2025. This conversion was executed under an exemption from registration, potentially impacting the company’s stock structure and shareholder value.
On May 29, 2025, IQSTEL Inc. announced its agreement to acquire 51% of Globetopper, a fintech innovator with operations in America, Europe, and Africa, effective July 1, 2025. This acquisition is a strategic move to expand IQSTEL’s fintech footprint globally, aiming to accelerate their growth towards a $1 billion revenue target by 2027. The transaction, valued at up to $700,000, includes staged cash payments and performance-based earn-outs, with additional investments of up to $1.2 million over two years contingent on financial targets. This acquisition strengthens IQSTEL’s position in the fintech and telecommunications convergence, enhancing its market reach and shareholder value.
iQSTEL, Inc. has released a Corporate Presentation to update current and potential investors on its operations, major projects, strategic plans, and growth initiatives. The presentation outlines the company’s vision to become a $1 billion revenue multinational technology company by 2027, emphasizing its expansion into high-growth sectors and its robust financial performance, including a 96% year-over-year growth in FY24 with $283.2 million in revenue. This strategic positioning aims to enhance iQSTEL’s market presence and create new business opportunities, potentially impacting stakeholders positively.
On May 1, 2025, iQSTEL Inc. announced a 1-for-80 reverse stock split of its common stock, effective May 2, 2025, as part of its strategy to uplist to the Nasdaq Capital Market. This move aims to increase the stock price to meet Nasdaq’s listing requirements, although approval is not guaranteed. The reverse split will not alter stockholders’ equity interests but will adjust the number of shares proportionally, impacting all stockholders uniformly.