Business
IQST - IQSTEL Blew Past Its Goals With $35 Million in July Revenue -- Surpasses $400 Million Annual Run Rate Five Months Ahead of Schedule on Path to $1 Billion by 2027
IQSTEL Inc. (NASDAQ: IQST) today announced preliminary July 2025 revenue of approximately $35 million, surpassing the Company's $400 million annualized revenue run rate — five months ahead of its internal schedule.
About this update from Cycurion, Inc.
[{"type":"text","content":"NEW YORK, Aug. 12, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) today announced preliminary July 2025 revenue of approximately $35 million, surpassing the Company's $400 million annualized revenue run rate — five months ahead of its internal schedule.","length":263,"tagName":"p"},{"type":"image","alt":"iQSTEL logo (PRNewsfoto/iQSTEL)","displaySize":"","headline":null,"caption":"iQSTEL logo (PRNewsfoto/iQSTEL)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":107,"url":"https://media.zenfs.com/en/prnewswire.com/b65099919bec95dfcdc5d3875811c2bb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/E6gifZxblzsXXqIlbrNNBQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b65099919bec95dfcdc5d3875811c2bb","width":400,"height":107}},"href":"https://mma.prnewswire.com/media/2429999/iQSTEL.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"If IQSTEL maintains this revenue level through the second half of 2025, the Company projects $210 million in second-half revenue, keeping it firmly on track to achieve its $340 million full-year revenue goal. The current revenue mix is approximately 80% telecom and 20% fintech.","length":278,"tagName":"p"},{"type":"text","content":"Executing on Growth, Profitability, and Shareholder Value","length":57,"tagName":"p"},{"type":"text","content":"Over the years, every acquisition IQSTEL has executed has resulted in:","length":70,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Increased revenue per share","length":27,"tagName":"p"}]},{"val":[{"type":"text","content":"Increased net shareholders' equity","length":38,"tagName":"p"}]},{"val":[{"type":"text","content":"Increased net shareholders' equity per issued share","length":55,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":120,"olType":false},{"type":"text","content":"This disciplined value-creation approach remains central to the Company's strategy. This is how IQSTEL has grown from $13 million in revenue in 2018 to nearly $300 million in 2024, with a clear goal of becoming a $1 billion revenue company by 2027; and from a deficit in the Net Shareholder's equity of $1.5 million in 2018 to positive Net Shareholder's Equity of $11.9 million in 2024.","length":398,"tagName":"p"},{"type":"text"...