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
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.
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.
Executing on Growth, Profitability, and Shareholder Value
Over the years, every acquisition IQSTEL has executed has resulted in:
Increased revenue per share
Increased net shareholders' equity
Increased net shareholders' equity per issued share
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.
Since its NASDAQ uplisting, IQSTEL has strengthened its financial position by reducing nearly $7 million in debt, the equivalent of approximately $2 per share. This achievement enhances the Company's balance sheet and expands its capacity for reinvestment, directly supporting long-term shareholder value.
Of this $7 million debt reduction, $3.5 million was converted into preferred shares, reflecting debt holders' confidence in the Company's strategic direction and management team. Choosing equity over fixed interest payments demonstrates these stakeholders' belief in IQSTEL's long-term growth potential.
The Company is upgrading its accounting systems and workflows to enable monthly reporting of both revenue and EBITDA. Introducing EBITDA per share as a key performance metric, an important tool for measuring the Company's ability to create shareholder value.
In addition, several institutional investment holdings have recently taken positions in IQSTEL in the open market, a further sign of market confidence. This information is publicly available on Nasdaq's institutional holdings page:
https://www.nasdaq.com/market-activity/stocks/iqst/institutional-holdings
As previously disclosed, IQSTEL is actively pursuing acquisitions with the potential to add $10 million in EBITDA, aiming for a ...
