Iqstel Inc. · NASDAQ:IQST
Iqstel — Investor Presentation (March 2026)
35 slides from Iqstel's investor presentation, March 2026
Slide 1: A Scaling Global Telecom & AI-Driven Giant
A Scaling Global Telecom & AI-Driven Giant Entering Its Profit Inflection Phase. investors@iqstel.com www.iqstel.com March 2026 1
Slide 2: Disclaimer
Disclaimer Statements in this presentation may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other futu
Slide 3: Introduction
Introduction 3
Slide 4: About Us
About Us Over 17 years, IQSTEL has built a difficult-to-replicate global telecommunications and technology distribution platform connecting more than 600 operators across 20+ countries; positioning the company at the start of its profit inflection phase. 4
Slide 5: About Us
About Us The business platform is built. The monetization phase is underway. The company is now transitioning from revenue scale to EBITDA acceleration, driven by: 01 02 03 04 Operating leverage Minority interest EBITDA-accretive High-margin AI at $500–600M consolidation acquisitions and cybersecuri
Slide 6: Financial Snapshot
Financial Snapshot ● No convertible debt ● No warrants outstanding ● NASDAQ Capital Market listed $400M $2.7M 12.23 Revenue Run Rate Adjusted EBITDA Run Rate Assets Per Share March - 26 $317M $9M - $15M $4.66 2025 Revenue Projected EBITDA Run Rate at Stockholders’ Equity Per $500M-600M Revenue (2026
Slide 7: Distribution Infrastructure Is the Enterprise Value Driver
Distribution Infrastructure Is the Enterprise Value Driver IQSTEL’s primary asset is its global commercial platform, including: 600+ telecom operator relationships Telecom credit history Multi-country routing and interconnection Regulatory approvals systems Settlement and billing integrations Operat
Slide 8: Background
Background 8
Slide 9: Combined 50 years of experience in Telecommunications
Combined 50 years of experience in Telecommunications Leandro Jose Iglesias Alvaro Quintana Cardona Chairman of the Board & CEO Secretary of the Board & CFO More than 17 years managing IQSTEL since it was a privately Business Admin, Telecom Electronic Eng, MBA held company, and more than Used to be
Slide 10: Our Vision: Always Global
Our Vision: Always Global We founded our company to respond to an existing need of large telecom companies: to expand their global reach in a more cost-efficient way. From the very beginning, our foundation was building a global network. Once global connectivity became our reality, we expanded our m
Slide 11: Background
Background Within 10 years of our founding in 2008 as a privately held company offering voice services to telecom companies, we grew from zero to $13M in revenue and 150 active interconnections. In June 2018, we established our public listing on the OTC Pink Market: June 2021: Our securities were de
Slide 12: Explosive Growth
$317M Explosive Growth $283M $400M $144.5M Revenue Run Rate $93.2M 80% Telecom > 20% Fintech > $64.7M $44.9M $18.0M $13.8M 31% 149% 44% 44% 55% 96% 20% 2018 2019 2020 2021 2022 2023 2024 2025 12
Slide 13: Global Operations Today
Global Operations United Kingdom New Jersey Germany Colorado New York Switzerland Today, we maintain more than 600 Austria California network interconnections around the Washington D.C Italy Spain Serbia world, delivering international voice, Texas Romania Virginia SMS, and connectivity services tha
Slide 14: Our Progress
Our Progress Mergers & 12 Acquisitions Since 2018, we have added Fintech, Proprietary AI Services and Cybersecurity, as well as deepened the Telecommunications portfolio and coverage. Active 600+ All acquired companies have been carefully Interconnections selected to ensure the enrichment of our pro
Slide 15: Select Acquisitions and Organic Growth
Select Acquisitions and Organic Growth 2025 2024 2023 *partnership 2022 2020 2019 2018 15
Slide 16: Opportunity
Opportunity 16
Slide 17: We Are a Global Corporation
We Are a Global Corporation IQSTEL has built a difficult-to-replicate global infrastructure that combines Telecommunication Services, Fintech, Proprietary AI, and Cybersecurity. Publicly-traded corporation on the NASDAQ Capital Market (Ticker: IQST) 6 Offices around the world 100+ Employees 17 Time
Slide 18: Core Asset: Business Platform Advantage
Core Asset: Business Platform Advantage Because IQSTEL is already embedded in operator billing systems and infrastructure workflows, all global operations combined serve approximately 2.7 billion customers worldwide. 18
Slide 19: Long-standing relationships generating millions of dollars in business
Long-standing relationships generating millions of dollars in business. 19
Slide 20: Opportunity
Opportunity Fintech Our expansive platform serves as an opportunity for monetization beyond telecom, leveraging trusted distribution Telecom IQSTEL AI Digital relationships to cross-sell high-margin technology solutions into an already established global customer base. Cybersecurity 20
Slide 21: Why now?
Why now? 21
Slide 22: Scale Is Achieved
Scale Is Achieved IQSTEL has entered its profitability acceleration phase. At $500–600 million in revenue, operating leverage begins to materially impact the bottom line. Infrastructure is in place, and fixed costs do not scale proportionally with revenue. Incremental gross margin increasingly conve
Slide 23: EBITDA Framework
EBITDA Framework At this level, projected EBITDA ranges from approximately $9–15 million, driven by: ● Economies of scale ● Operational consolidation ● Higher-margin service mix ● Minority interest consolidation ○ ~$1.3M incremental EBITDA capture This represents the company’s financial inflection p
Slide 24: Scale That Is Difficult-To-Replicate
Scale That Is Difficult-To- 1 Replicate The telecommunications and digital distribution platforms are time-intensive, capital-intensive and trust-based industries. Replicating IQSTEL’s platform would require: ● 3–5 years of execution ● Significant capital ● Regulatory approvals across jurisdictions
Slide 25: Strategic Acquisitions
2 Strategic Acquisitions Two targeted acquisitions designed to accelerating the path to $600M Revenue ● Increase revenue beyond $500M ● Expand geographic footprint ● Enhance digital capabilities ● Accelerate EBITDA toward ~$15M Capital allocation principles: ● EBITDA accretive ● Defined return thres
Slide 26: High-Margin AI & Cybersecurity Upside
High-Margin AI & 3 Cybersecurity Upside In parallel with scaling telecom, IQSTEL is expanding into AI-enabled telecom solutions and cybersecurity services. These new capabilities are being introduced through our existing customer base, where we already conduct millions of dollars in annual business.
Slide 27: Minority Interest Consolidation
4 Minority Interest Consolidation IQSTEL is acquiring remaining 49% stakes in key subsidiaries. Projected impact: ● 2025 EBITDA: ~$2.7M ● 2026 organic growth: ~$1.3M ● Post-consolidation attributable EBITDA: ~$4M 27
Slide 28: Approach
Approach 28
Slide 29: Value Re-Rating Opportunity
Value Re-Rating Opportunity Companies in our sector typically trade between 10x and 20x EBITDA. Current Organic Expansion (Post-Consolidation) (Expected Q2-2026) • EBITDA: ~$4M • Implied Valuation: $40M – $80M Next Strategic Acquisition (Expected Q3-2026) • EBITDA Run Rate: ~$9M • Implied Valuation:
Slide 30: To execute this plan, we anticipate raising approximately $20 million
To execute this plan, we anticipate raising approximately $20 million over the next 12 months. Capital will be deployed towards: Capital Allocation 1 Discipline ● Minority consolidation: $3.2 Million ● Strategic acquisitions: $12.3 Million ● Scaling AI and cybersecurity services: $1.9 Million ● Supp
Slide 31: Over the next 24 months, we are targeting
Over the next 24 months, we are targeting: • Revenue above $500 million • EBITDA approaching $15 million Institutional Upgrade • Expanded institutional ownership • Broader analyst coverage 2 Path • Improved trading liquidity • Re-rating toward sector multiples This positions IQSTEL not as a speculat
Slide 32: Risk Management and Stability
IQSTEL benefits from a clean capital structure, stable governance, NASDAQ Risk Management 3 and Stability listing achieved on merit, geographic diversification, and long-standing telecom credit relationships. These elements reduce structural risk during expansion. 32
Slide 33: Strategic Optionality and Acquisition Potential
Strategic Optionality and Acquisition Potential As IQSTEL gains scale and EBITDA traction, the strategic value of its commercial platform increases. Many technology and telecommunications companies seek access to established global telecom distribution networks to accelerate time-to-market for their
Slide 34: IQSTEL provides immediate access to more than 600 operator relationships
IQSTEL provides immediate access to more than 600 operator relationships. For a large, well-capitalized corporation, acquiring IQSTEL could represent a faster and more efficient path to market compared to building similar infrastructure internally. This creates strategic acquisition optionality in a
Slide 35: Connect with our founders
Connect with Leandro Jose Iglesias CEO & Chairman of the Board CEO@iqstel.com our founders. Alvaro Quintana Cardona Scan the QR code to explore CFO & Secretary of the Board investment opportunities alvaroquintana@iqstel.com www.iqstel.com