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IQST Runs a Diversified Business with Divisions Focused on Telecommunications, Fintech, Electric Vehicles, Artificial Intelligence with 9 acquisitions since inception
They just reported $128.8 million in preliminary unaudited revenue for the first half of 2025, with June alone contributing $27.3 million
IQST Announces $2 Debt Reduction Per Share, $400 Million Run Rate in Q3 (Ahead of Schedule), and Analyst Coverage Targeting $18-$22 Price Range
In 2024, IQSTEL reported $283 million in revenue while their market cap remained at only about 10% of that figure — They also achieved 96% year-over-year revenue growth but valuation has not kept pace with performance, leaving plenty of room for growth for IQST
Hello Everyone,
We have something familiar back on our radar ahead of Thursday’s open.
The first time we looked at It, we saw an opening on that session of 8.92. Then the next session it hit 14.70 on record interest. It was a huge 65% overnight winner.
If you haven’t researched IQST in the past, we are urging you to take a look at it right now here at these levels.
This one has sat in a tight range all of July and it is sitting right now at a place where it definitely has room to run. The ceiling on this company is HIGH with their massive revenues and big relationships already in place.
The growth alone is jaw dropping as the company claims to be on track to 1 Billion in Revenues by 2027. It just up-listed to the Nasdaq back in May.The CEO says the company came to the Nasdaq with 20,000 shareholders.
IQST is a multinational technology company offering cutting-edge solutions in Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Telecom, High-Tech Telecom Services (eSIM, roaming, cloud), with over 600 global business relationships.They deliver high-value, high-margin services to its extensive global customer base.r
In 2024, IQSTEL reported $283 million in revenue, yet their market cap remained at only about 10% of that figure. They also achieved 96% year-over-year revenue growth but valuation has not kept pace with performance, leaving plenty of room for growth for IQST.
• Robust Telecom Operations – iQSTEL provides international wholesale voice and SMS transport for more than 35 leading telecom operators—including Verizon, Vodafone, and China Mobile— and hundreds of Tier 2 carriers via interconnects with over 600 carriers across 20+ countries. In the past year, voice traffic volume increased 24% and SMS traffic rose 23%, underscoring growing demand and customer satisfaction.
• Relationship-Driven Industry, Relationship-Driven Company – Success in international telecom hinges on experience, trust, and network reach. iQSTEL’s core competitive edge lies in management’s extensive global relationships. CEO Leandro Iglesias and his executive team bring decades of deep industry expertise, which they’ve used to convert personal contacts into longstanding commercial relationships and favorable interconnection agreements.
• Asset-Light Model = High Returns – Rather than investing in capital-intensive infrastructure, iQSTEL leases capacity in an oversupplied global telecom market. This asset-light approach significantly enhances return on investment and operational flexibility, enabling the company to scale rapidly and pivot as market opportunities arise.
• Disciplined, Strategic M&A Platform – iQSTEL has completed nine acquisitions since going public in 2018. These deals have been carefully sourced through existing industry relationships—every acquired CEO was personally known to Mr. Iglesias. Post-acquisition, these founders remain in place under earn- out agreements, preserving operational continuity and customer relationships. The company’s strategy of acquiring an initial 51% stake enables efficient capital allocation while maintaining majority control.
• Accelerating Revenue, Near-Term Profitability – Revenue grew 96% last year to $283 million, and we estimate that it is on the cusp of generating positive EBITDA. Management guides to a $400 million annualized revenue run rate by year-end, including a recent acquisition expected to contribute approximately $85 million in additional annual revenue. The longer-term goal is $1 billion in revenue, positioning iQSTEL alongside peer leaders such as IDT (NYSE-IDT) and Cogent (NASDAQ-CCOI).
• Attractive Valuation with Significant Upside – Telecom comparables trade at an average EV/EBITDA multiple of 9.2x 2026E, with iQSTEL’s closest comps (IDT and Cogent) trading at a 15% premium.
iQSTEL is a Miami-based telecom services company providing international services under a unique asset-light model. The business was founded by the former head of CANTV’s international business in 2008 as Etelix and then merged with a public shell company to go public in 2018. Since then, the company has completed nine acquisitions, with revenue growing rapidly, and more growth is expected. This year, it is consolidating acquisitions, moving both voice and SMS traffic to its operating subsidiaries with the lowest cost routing via international agreements. It is also working with its vendor to consolidate its operations onto a single platform.
The company has four key competitive advantages:
• Exceptional Industry Relationships – CEO Leandro Iglesias brings 27 years of telecom experience, including leadership at CANTV—formerly Venezuela’s top-tier national carrier and once partly owned by Verizon and Telefónica. His personal network spans the globe and includes current executives at many of the world’s largest carriers.
• Strategic Customer Acquisition – Management has leveraged its relationships to secure over 35 major international telecom customers and hundreds of tier 2 customers. These are high-volume, recurring relationships that drive consistent growth and reduce churn risk.
• Buyer Advantage in Oversupplied Market – Management also utilizes the same connections to secure the lowest-cost routing and termination agreements with global telecom carriers. Telecom is an opaque industry, and personal connections are important in negotiating favorable terms. The company benefits because the telecom industry has overbuilt, deploying too many network assets, so negotiations favor buyers like iQSTEL.
• Proven Acquisition Strategy – Every acquisition the company has completed has been of a company founded and run by an entrepreneur that Mr. Iglesias has known personally for many years. His modus operandi is to acquire an initial 51% stake, keep management on board, and give them earn-outs for continuing to perform after the acquisition.
iQSTEL is the Combination of Nine Acquisitions
Acquisitions are a key to the company’s growth strategy. To date, it has completed nine acquisitions to get the company to its present state of five operating voice telecom subsidiaries, two operating SMS subsidiaries, two fintech subsidiaries, and one metaverse joint venture.
Consideration paid for the eleven acquisitions has totaled $17.57 million, including the reverse merger of the CEO’s original business into a shell company. By comparison, the company has a roughly $30 million market cap, only owns 51% stakes in six business units and a 75% stake in one, with 100% stakes in only the original Etelix and QGlobal SMS acquired in 2020. To bring its stake up to 100% in each of its business units would require an estimated $11.3 million at the original purchase prices; however, much of this is expected to be paid in shares.
The founders have been known professionally to the CEO for several years and are willing to stay on and run the business with earnouts for performance. Keeping the founders in place is important because they have personal relationships with the customers.
Since Inception, iQSTEL Has Completed Nine Acquisitions
MAIN CUSTOMERS
IQST – IQSTEL and ONAR – ONAR Join Forces to Disrupt Traditional Marketing with AI Agents
Latest Deployment of AIRWEB Underscores IQSTEL’s Expansion into High-Tech, High-Margin Verticals — Driving Forward Its $1 Billion Revenue Strategy
NEW YORK, July 29, 2025 /PRNewswire/ — IQSTEL Inc. (NASDAQ: IQST), a multinational telecommunications and technology company, is pleased to announce a new commercial agreement with ONAR (OTCQB: ONAR) for the deployment of AIRWEB AI agents, marking a strategic advancement in IQSTEL’s rollout of high-tech, high-margin services aligned with its path to $1 billion in revenue.
As part of this collaboration, IQSTEL will provide dedicated and secure AI agents for every ONAR account manager. These text-based assistants are integrated directly into the AIRWEB platform, empowering ONAR’s commercial team with real-time insights, campaign intelligence, and operational efficiency — without the need for additional infrastructure.
“This is much more than a software deployment — it’s a strategic partnership,” said Leandro Iglesias, President and CEO of IQSTEL. “ONAR knows our capabilities well, having worked closely with us as a marketing partner. After witnessing the power of IQSTEL Intelligence — through AIRWEB.ai, IQ2Call.ai, and RealityBorder.com — they’ve chosen to deploy our AI technology to lead in the marketing arena. This validates our vision and shows how we are transforming industries with AI.”
Key Benefits of the AIRWEB AI Agent Deployment:
- Dedicated AI agents for each team member: Individual logins and secure access, tailored for every account manager.
- Real-time commercial intelligence: Ask any client or campaign question and receive ready-to-use answers based only on relevant, verified data.
- Always current: Daily ingestion keeps knowledge fresh without manual updates.
- Enterprise-ready: Delivered on AIRWEB’s production AI stack, including secure pipelines on AWS and GCP.
- Privacy by design: End-to-end encryption, regional data residency (EU in Spain; global in Virginia), and stateless compute.
- Fast deployment: Full rollout within ~4 weeks.
- Omnichannel marketing insights: Instantly view campaign KPIs (spend, impressions, clicks, sessions, conversions, revenue, geo breakdowns) from within any conversation.
- Multi-language support: Global-ready with native capability in 57 languages.
This collaboration reflects IQSTEL’s strategy of delivering innovative, scalable solutions that generate attractive margins. AIRWEB joins IQ2Call and other cutting-edge products in IQSTEL’s AI suite — all of which leverage the company’s robust commercial platform, already trusted by over 600 telecom operators across more than 21 countries.
This is just the beginning of a new era where IQSTEL empowers enterprises to lead through AI.
About ONAR
ONAR (OTCQB: ONAR) is a leading marketing technology company and marketing agency network powering unparalleled marketing services that drive revenue growth through an integrated, AI-driven approach. Additionally, the Company’s technology incubator, ONAR Labs, is focused on identifying, developing, and commercializing innovative marketing technology solutions. For more information, visit www.onar.com.
IQST – IQSTEL Issues Recap Shareholder Letter Highlighting $2 Debt Reduction Per Share, $400 Million Run Rate in Q3 (Ahead of Schedule), and Analyst Coverage Targeting $18-$22 Price Range
Company Recaps Milestones After Two Months on NASDAQ: Accelerated Growth, Strengthened Balance Sheet, Launch of High-Margin Tech Products, and Strategic Acquisition of Globetopper
NEW YORK, July 21, 2025 /PRNewswire/ — IQSTEL Inc. (NASDAQ: IQST) has released a shareholder letter reflecting on its strategic and financial achievements during its first two months trading on the NASDAQ. The letter outlines the company’s accelerating growth trajectory, successful execution of its high-margin technology strategy, strengthened capital structure, and enhanced institutional visibility.
In this letter, IQSTEL’s CEO shares key business highlights, including surpassing a $400 million revenue run rate earlier than projected, the launch of AI-powered platforms like IQ2Call.ai, and the addition of $60–70 million in revenue through the Globetopper acquisition. The company also emphasizes its $2-per-share debt reduction, improving shareholder value and positioning IQSTEL to achieve its long-term $1 billion revenue goal by 2027.
Dear Shareholders,
As we mark our second month trading on the NASDAQ, I want to take this opportunity to reflect on the tremendous progress we’ve made and share with you why we believe the road ahead for IQSTEL is not just promising — it’s transformative. The Board of Directors and officers of the company are both excited and honored to have hit these major milestones. We remain fully committed to creating long-term shareholder value and driving the continued growth of the company.
A Strong Start to 2025 – Accelerating Toward a New Era
We’ve reported $128.8 million in preliminary unaudited revenue for the first half of 2025, with June alone contributing $27.3 million — a clear sign that our commercial momentum is not just holding strong, but accelerating.
Starting July 1st, we began consolidating revenues from our newly acquired subsidiary, Globetopper, which is expected to add an additional $5 to $6 million per month. With this acceleration, we now expect to surpass a $400 million revenue run rate during Q3, several months ahead of our original year-end target.
But we’re not just growing our top line — we’re strengthening our bottom line. Our strategy is focused on building a scalable, high-margin business model, and our recent launches of IQ2Call.ai and the upcoming AI-powered cybersecurity services through Cycurion are driving exactly that. These tech offerings are not only innovative — they are designed to increase both Net Income and Adjusted EBITDA, paving the way for sustainable, profitable growth.
To learn more about our revenue growth and projected run rate, click here.
Globetopper Acquisition – Strengthening Our Fintech Business
On July 1st, we completed the acquisition of Globetopper, a move that adds $60–70 million in annual revenue with positive EBITDA. This acquisition also plays a key role in relaunching our fintech division.
We are actively working on a plan to grow Globetopper’s revenue to $100 million annually, with at least $1 million in EBITDA, further reinforcing our leadership in global telecom and fintech services. We are planning to reach a 400M run rate in Q3, with a revenue mix of 80% telecom and 20% fintech.
To learn more about the Acquisition of GlobeTopper, click here.
Independent Analyst Coverage – Market Recognition Growing
We are proud to be the subject of a new independent analyst report by Hills Research, which initiated coverage on IQSTEL with a price target range of $18 to $22 per share.
This endorsement came after extensive due diligence, including in-person meetings at our Florida office and deep analysis of our technology platform. This report reflects growing institutional awareness and validation of our strategy and value proposition.
To access the Hills Research Report, click here.
High-Margin Tech Products – The Future Is Now
In July, we launched IQ2Call.ai, our AI-powered call center platform featuring real-time voice AI, multilingual support, and adaptive scalability with zero wait times. IQ2Call targets the $750 billion global call center industry, delivering unmatched performance and compliance.
This is a transformative milestone in our vertical integration strategy. In both Spain and the U.S., IQ2Call is already being deployed, and we’re currently closing deals that will accelerate adoption further.
To learn more information about our new product IQ2Call, click here.
Additionally, through our partnership with Cycurion, we’re also preparing to enter the cybersecurity sector, delivering new era of AI-driven cybersecurity services tailored for the telecom industry. Thanks to our deep, long-standing relationships with hundreds of global telecom operators, we will be able to cross-sell these offerings and maximize return per customer.
To learn more information about our partnership with Cycurion, click here.
Strengthening Our Balance Sheet – A Healthier, Leaner IQSTEL
We recently reduced our debt by $6.9 million, converting part into common shares and the remainder into preferred equity — all of which is already reflected in our capital structure.
This means we’ve effectively eliminated around $2 of debt per share, creating significant shareholder value. These actions also reflect investor confidence in our long-term vision to become a $1 billion revenue company by 2027.
To learn more about our debt reduction, click here
Investor Access and Institutional Outreach
In early July, we released a comprehensive investor presentation outlining our strategy, business model, financials, and future vision. We are starting actively presenting to institutional investors and family offices, encouraging them to acquire and hold IQST shares directly on the open market — with no dilution involved.
To access to our Investors Deck, click here
Looking Ahead – Halfway to a Billion
From just $13 million in 2018 to nearly $300 million in 2024, our story has been one of strategic growth and bold execution.
Now, with a healthy balance sheet, a scalable telecom and fintech platform, and a pipeline of high-tech, high-margin products, we are well on our way to:
- Achieving our $340 million 2025 revenue forecast
- Exceeding a $400 million run rate in Q3
- Ultimately reaching $1 billion in annual revenue by
- Driving sustained growth in Net Income and Adjusted EBITDA
And this is just the beginning.
With your continued trust and support, IQSTEL is writing the next chapter in technology-driven telecom innovation — and you’re part of it.
Sincerely,
Leandro Jose IglesiasPresident & CEOIQSTEL Inc. (Nasdaq: IQST)
IQST – IQSTEL Strengthens Equity Position with $6.9 Million Debt Cut — Almost $2 Per Share
Published
Jul 9, 2025 8:30am EDT
NEW YORK, July 9, 2025 /PRNewswire/ — IQSTEL Inc. (NASDAQ: IQST), a leading global telecommunications and technology company, is pleased to announce a significant reduction of $6.9 million in debt from its balance sheet, marking a strategic milestone in the company’s ongoing financial strengthening and long-term growth plan.
This debt reduction will have a direct and positive impact on the company’s net stockholders’ equity, which stood at $11.34 million as of Q1 2025. The reduction was achieved through a combination of debt conversions into common shares and Series D Preferred Shares. The conversion into Series D Preferred Shares reflects investor confidence in IQSTEL’s strategic plan to reach $1 billion in annual revenue by 2027.
In addition to improving the company’s capital structure, this transaction provides $0.92 million in interest savings, directly enhancing IQSTEL’s cash flow and operational flexibility.
“Our company is $6.9 million stronger than it was last week — that’s a significant step,” said Leandro Iglesias, CEO of IQSTEL. “We are fully committed to reaching our $1 billion revenue target by 2027, and actions like this reinforce our foundation and demonstrate our determination to build long-term shareholder value. A simple and clear way to see the impact of this move is that we’ve reduced our debt by approximately $2 per share. That’s a direct and tangible creation of value for our shareholders.”
At the same time, IQSTEL is actively working on improving its adjusted EBITDA while reinforcing its balance sheet — a dual approach that the company believes is the most effective path to maximize shareholder value.
This strategic move comes in conjunction with the fully executed acquisition of Globetopper, and the release of a favorable independent analyst report by Litchfield Hills Research, available here: https://hillsresearch.com/wp-content/uploads/2025/07/LHR-IQST-intitiation-report.pdf.
The execution date of the debt reduction was July 3, 2025, and the financial impact will be reflected in the company’s Q3 2025 Form 10-Q filing. Further details have been disclosed in the company’s corresponding Form 8-K filed with the SEC.
With these developments, IQSTEL begins the second half of 2025 on a remarkable path — stronger, leaner, and more prepared than ever to deliver on its ambitious vision.
NEWS
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