Business
IQST - IQSTEL Reports Preliminary $77.8 Million in Revenue Through April 2025 -- Confirms Full-Year Guidance and Fast-Track to $400M Run Rate
IQSTEL Inc. (NASDAQ: IQST), a leading multinational telecommunications and technology company, is pleased to announce that its preliminary net revenue for the first four months of 2025 (January through April) totaled approximately $77.8 million, continuing the company's strong growth momentum and reinforcing its confidence in full-year revenue guidance.
About this update from Iqstel Inc.
[{"type":"text","content":"NEW YORK, June 5, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a leading multinational telecommunications and technology company, is pleased to announce that its preliminary net revenue for the first four months of 2025 (January through April) totaled approximately $77.8 million, continuing the company's strong growth momentum and reinforcing its confidence in full-year revenue guidance.","length":398,"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":"This preliminary figure reflects a 12% increase compared to the same period in 2024, highlighting the strength and consistency of IQSTEL's organic growth across its core telecom operations.","length":193,"tagName":"p"},{"type":"text","content":""We're pleased with how 2025 has begun," said Leandro Iglesias, CEO of IQSTEL. "Historically, the second half of the year has delivered even stronger performance, and we fully expect that trend to continue. With these results, we remain on track to reach our full-year revenue forecast of $340 million."","length":332,"tagName":"p","attribs":{}},{"type":"text","content":"Accelerating with Fintech Expansion","length":35,"tagName":"p"},{"type":"text","content":"IQSTEL's recent acquisition of GlobeTopper, a profitable fintech company with operations across the Americas, Europe, and Africa, is expected to further accelerate growth. The transaction positions IQSTEL to reach a $400 million annualized revenue run rate with a projected 80% telecom / 20% fintech-tech revenue mix by year-end.","length":333,"tagName":"p"},{"type":"text","content":"Profitability Trends Upward","length":27,"tagName":"p"},{"type":"text","content":"IQSTEL´s operating business anticipates generating over $3 million in a...