Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 282.94M | 283.22M | 144.50M | 93.20M | 64.70M | 44.91M |
Gross Profit | 8.49M | 8.27M | 4.67M | 1.79M | 1.53M | 962.35K |
EBITDA | -2.82M | -2.13M | ― | -5.68M | -3.10M | -3.12M |
Net Income | -6.74M | -5.99M | -763.26K | -8.62M | -4.52M | -6.70M |
Balance Sheet | ||||||
Total Assets | 51.41M | 79.01M | 22.16M | 12.55M | 9.06M | 5.95M |
Cash, Cash Equivalents and Short-Term Investments | 2.04M | 2.51M | 1.36M | 1.33M | 3.33M | 753.32K |
Total Debt | 6.89M | 8.05M | 980.18K | 438.44K | 674.05K | 3.91M |
Total Liabilities | 37.12M | 67.11M | 14.11M | 6.71M | 2.64M | 8.35M |
Stockholders Equity | 9.53M | 7.22M | 8.42M | 6.76M | 7.42M | -1.39M |
Cash Flow | ||||||
Free Cash Flow | -1.57M | -3.08M | -1.70M | -1.88M | -3.38M | -2.21M |
Operating Cash Flow | -1.43M | -2.93M | -1.48M | -1.77M | -3.15M | -2.12M |
Investing Cash Flow | -616.59K | -3.16M | -332.55K | -2.00M | -511.35K | -91.21K |
Financing Cash Flow | 3.29M | 7.24M | 1.83M | 1.77M | 6.25M | 2.66M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $195.80M | 65.70 | 5.74% | ― | 13.10% | 1.03% | |
68 Neutral | $107.34M | 57.42 | 9.29% | ― | 3.83% | -55.18% | |
60 Neutral | $46.29B | 4.07 | -13.11% | 4.12% | 1.85% | -42.71% | |
47 Neutral | $86.74M | ― | -40.25% | ― | 11.55% | -26.87% | |
46 Neutral | $40.23M | ― | 174.77% | ― | 0.24% | 68.22% | |
41 Neutral | $21.97M | ― | -80.54% | ― | 30.35% | -45.94% | |
25 Underperform | $157.21M | 17.28 | -93.09% | ― | -59.41% | ― |
On September 2, 2025, iQSTEL Inc. entered into a Stock-for-Stock Exchange Agreement with Cycurion Inc., finalizing a mutual equity partnership focused on AI-driven cybersecurity solutions for the global telecommunications industry. The agreement involves a $1 million stock exchange between the companies, with plans to distribute up to 50% of the received shares as a stock dividend to shareholders, effectively making them co-owners of both businesses. This strategic alliance aims to capitalize on the projected $500 billion cybersecurity market by 2030, leveraging iQSTEL’s AI capabilities and Cycurion’s cybersecurity expertise. The collaboration is expected to enhance shareholder value and foster innovation and growth in AI-driven cybersecurity solutions.
On August 7, 2025, iQSTEL Inc. and Cycurion Inc. announced a Memorandum of Understanding to become mutual equity partners through a $1 million stock exchange, with half of the exchanged shares to be distributed as dividends to shareholders. This strategic partnership aims to create a powerhouse in AI-driven cybersecurity for the global telecommunications industry, enhancing shareholder value and leveraging complementary market strengths to deliver next-generation cybersecurity solutions. The transaction is expected to unlock shareholder value, facilitate cross-selling opportunities, and accelerate innovation cycles, positioning both companies to capture significant opportunities in the AI-driven cybersecurity landscape.
iQSTEL Inc. signed a non-binding memorandum of understanding with Accredited Solutions, Inc. on March 10, 2025, regarding the potential sale of its 75% equity interest in itsBChain, LLC. The MOU expiration date was extended to September 30, 2025, indicating ongoing negotiations and potential strategic realignment for iQSTEL.
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.
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.