Core Insights - IQSTEL Inc. is projected to reach $1 billion in revenue by 2027, with a forecast of $340 million for FY-2025, indicating strong growth potential in the tech-driven sector [1][22] - The current share price of approximately $4.50 does not reflect the company's intrinsic value, which is supported by a robust balance sheet and expanding high-margin business lines [6][8] Telecommunications Services - IQSTEL provides carrier-grade solutions such as VoIP, SMS, Fiber Connectivity, DID, eSIM, and Roaming, which form the operational backbone of the company and generate substantial annual revenue [2] Fintech Ecosystem - The fintech division includes AI services through platforms like AirWeb.ai and IQ2Call.ai, offering call automation and virtual assistants for customer service and sales [3] Cybersecurity Offerings - In partnership with Cycurion, IQSTEL delivers enterprise-grade cybersecurity services, including 24/7 monitoring and threat detection, catering to telecom and corporate clients [4] CEO Insights - The CEO highlighted that the market undervalues IQSTEL's share price relative to its net equity per share of $4.66 and the company's asset value of $12.23 per share, indicating a significant valuation gap [8][13] - The company has achieved a $2.7 million EBITDA run rate and aims for $15 million by 2026, with expectations that this will trigger a revaluation of the stock [9][12] Shareholder Value Initiatives - A recent $500,000 dividend in shares reflects the company's commitment to rewarding shareholders and signifies a transition to a phase of accelerating profitability [15][16] - The company aims to enhance shareholder value as its Telecom, AI, Cybersecurity, and Fintech divisions continue to scale [18][19]

[Filing Information](index=1&type=section&id=Filing%20Information) This section provides essential identification details for iQSTEL Inc. as the registrant for this Form 8-K filing [Registrant Information](index=1&type=section&id=Registrant%20Information) This section details the fundamental identification information for iQSTEL Inc. - Registrant Name: **iQSTEL Inc.**[1](index=1&type=chunk) - Jurisdiction of Incorporation: **Nevada**[1](index=1&type=chunk) - Principal Executive Offices: **300 Aragon Avenue, Suite 375, Coral Gables, FL 33134**[1](index=1&type=chunk) [Securities and Filing Status](index=1&type=section&id=Securities%20and%20Filing%20Status) This part details the securities registered under Section 12(b) of the Act and confirms the registrant's status regarding emerging growth company provisions Securities Registered Pursuant to Section 12(b) | Title of each class | Trading symbol | Name of each exchange on which registered | | :------------------ | :------------- | :-------------------------------------- | | Common Stock | IQST | Nasdaq Capital Market | - The registrant is **not an emerging growth company**[3](index=3&type=chunk) [SECTION 2 – FINANCIAL INFORMATION](index=2&type=section&id=SECTION%202%20%E2%80%93%20FINANCIAL%20INFORMATION) This section details the company's recent financial condition and strategic business developments [Item 2.02 Results of Operations and Financial Condition.](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition.) iQSTEL Inc. issued press releases detailing financial achievements, dividend goals, and cybersecurity entry, furnished as exhibits but not legally 'filed' - Press releases were issued concerning **financial achievements**, **future dividend goals**, and **entry into the cybersecurity business** via an agreement with Cycurion[4](index=4&type=chunk) - The press releases are furnished as **Exhibits 99.1 and 99.2** with this Current Report on Form 8-K[5](index=5&type=chunk) - The information furnished under this Item 2.02 and Item 9.01, including Exhibits 99.1 and 99.2, is **not deemed 'filed'** for purposes of Section 18 of the Securities Exchange Act of 1934[5](index=5&type=chunk) [SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS](index=2&type=section&id=SECTION%209%20%E2%80%93%20FINANCIAL%20STATEMENTS%20AND%20EXHIBITS) This section lists the exhibits accompanying the Form 8-K, specifically two press releases that provide further details on the company's financial condition and strategic developments [Item 9.01 Financial Statements and Exhibits.](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits.) This section details the exhibits accompanying the Form 8-K, including press releases on financial condition and strategic developments Exhibits Furnished | Exhibit No. | Description | | :------------ | :------------------------ | | 99.1 | Press Release, dated October 1, 2025 | | 99.2 | Press Release, dated October 9, 2025 | [SIGNATURES](index=3&type=section&id=SIGNATURES) This section contains the official signatures confirming the submission of the Form 8-K report [Signature Block](index=3&type=section&id=Signature%20Block) The report is duly signed on behalf of iQSTEL Inc. by its Chief Executive Officer, Leandro Iglesias, confirming its submission in accordance with the Securities Exchange Act of 1934 - The report was signed by **Leandro Iglesias**, Chief Executive Officer of iQSTEL Inc[9](index=9&type=chunk) - The signing date for the report was **October 10, 2025**[9](index=9&type=chunk)

Financial Performance - Revenues for the three months ended September 30, 2025, were $102,867,553, a significant increase from $54,249,614 in the same period of 2024, representing an increase of 89.6%[15] - Gross profit for the nine months ended September 30, 2025, was $6,547,160, compared to $5,608,725 for the same period in 2024, reflecting a year-over-year increase of 16.7%[15] - For the nine months ended September 30, 2025, the net loss was $5,819,244, compared to a net loss of $3,317,107 for the same period in 2024, indicating a year-over-year increase in losses of approximately 75.5%[21] - The company reported a net loss of $5,610,907 for the nine months ended September 30, 2025, compared to a net loss of $3,213,146 for the same period in 2024, indicating a deterioration in financial performance[119] - Operating loss for the three months ended September 30, 2025, was $(559,083), compared to $(56,553) for the same period in 2024, indicating a deterioration in operating performance[15] Assets and Liabilities - The total current assets decreased to $29,837,729 as of September 30, 2025, down from $63,015,046 as of December 31, 2024, indicating a decline of 52.7%[13] - The total liabilities decreased to $29,032,924 as of September 30, 2025, compared to $67,107,475 as of December 31, 2024, a reduction of 56.7%[13] - Current assets as of September 30, 2025, totaled $29,837,729, while current liabilities were $28,742,676, indicating a current ratio of approximately 1.04[125] - Non-current assets as of September 30, 2025, were $17,048,471, while non-current liabilities were $290,248, indicating a strong asset base relative to long-term obligations[125] Stockholder Equity - Total stockholders' equity increased to $17,853,276 as of September 30, 2025, from $11,900,263 as of December 31, 2024, reflecting an increase of 50.0%[13] - As of March 31, 2025, total stockholders' equity was $11,555,806, reflecting a decrease from previous periods[18] Revenue Sources - The Telecom Division accounted for 94% of the company's total revenues, highlighting its dominance in the business operations[25] - The Fintech segment, through its subsidiary Global Money One, contributed 14% of revenues for the three months ended September 30, 2025, and 6% for the nine months[133] - Revenues from the USA segment for the three months ended September 30, 2025, were $63,220,535, representing a year-over-year increase from $36,604,753 in the same quarter of 2024[123] Expenses - The company reported total operating expenses of $8,366,698 for the nine months ended September 30, 2025, up from $6,144,677 for the same period in 2024, an increase of 36.0%[15] - Operating expenses increased by 58.91% to $3,299,798 for the three months ended September 30, 2025, compared to $2,076,472 in the same period of 2024[159] - The company incurred rent expenses of $24,328 for the nine months ended September 30, 2025, compared to $21,335 for the same period in 2024, representing an increase of approximately 14%[112] Cash Flow and Financing - Cash balance as of September 30, 2025, was $2,259,432, down from $2,510,357 as of December 31, 2024, a decrease of 9.9%[13] - The company raised $5,465,000 from loans payable during the nine months ended September 30, 2025, compared to $2,011,100 in the same period of 2024, reflecting a significant increase in financing activities[21] - The company plans to seek additional financing through public and private equity offerings to strengthen liquidity and capital resources[183] Acquisitions and Investments - The acquisition of Globetopper was completed on July 1, 2025, for a total purchase price of $985,175, which includes $500,000 in restricted common shares[116] - The Company plans to invest up to $1,200,000 in Globetopper over 24 months post-closing, contingent on achieving specified quarterly financial targets[116] Market Presence and Operations - The company operates in 20 countries and employs approximately 100 staff, showcasing its international reach and workforce size[24] - The company has over 603 active interconnection agreements with various telecom companies globally, indicating a strong market presence[24] - The company is focusing on market expansion and new product development to improve future performance and profitability[122] Challenges and Concerns - The company has suffered recurring losses from operations and negative working capital, raising substantial doubt about its ability to continue as a going concern[63] - The company recorded a loss on settlement of salary payable of $216,981 after issuing 6,571 shares of Series B Preferred Stock to settle a salary payable of $631,500 for the CEO and CFO[109] Technology and Innovation - The company is developing a Blockchain Platform Business Line to enhance its service offerings, indicating a strategic focus on technology innovation[26] - The implementation of advanced AI technologies in the metaverse aims to enhance user engagement through dynamic interactions with Non-Player Characters (NPCs)[137] Regulatory and Compliance - Certifications from the Chief Executive Officer and Chief Financial Officer were provided in accordance with the Sarbanes-Oxley Act of 2002[201] - The quarterly report for the period ended September 30, 2025, was formatted in XBRL[201]

Core Insights - IQSTEL Inc. reported significant financial growth in Q3 2025, achieving record revenue of $102.8 million, a 42% increase quarter-over-quarter and a 90% increase year-over-year [7][21] - The company maintains a strong balance sheet with assets of $46.8 million ($12.23 per share) and equity of $17.8 million ($4.66 per share), reflecting a 50.02% increase in equity since December 31, 2024 [7][9] - IQSTEL is on track to meet its full-year 2025 revenue forecast of $340 million and has set an organic revenue forecast of $430 million for 2026, indicating a 26% year-over-year growth [3][10] Financial Highlights - Revenue for the nine months ended September 30, 2025, reached $232.6 million, a 26% increase compared to the same period in 2024 [7] - Adjusted EBITDA for Q3 2025 was $683,189, with a revenue run rate of $411.5 million and an adjusted EBITDA run rate of $2.73 million [7][11] - The company has no dilutive debt, convertible notes, or warrants outstanding, ensuring a clean capital structure [3][8] Strategic Developments - IQSTEL is expanding into high-margin sectors such as Fintech, AI, and Cybersecurity, leveraging its established global business platform [6][8] - The acquisition of a 51% stake in Globetopper enhances the company's revenue mix, with approximately 80% from Telecom and 20% from Fintech [8] - A partnership with Cycurion aims to develop AI-driven cybersecurity solutions, further diversifying IQSTEL's service offerings [8] CEO Commentary - The CEO emphasized the company's strong fundamentals and commitment to increasing shareholder value through profitable growth and innovation [9] - The company is positioned to achieve a $15 million EBITDA target by 2026, laying the groundwork for becoming a billion-dollar global corporation [10] Market Position - IQSTEL operates in 21 countries, serving over 600 telecom operators, and is recognized as a rapidly growing technology corporation on NASDAQ [5][11] - The company's strong balance sheet and explosive revenue growth make it an attractive acquisition target for larger industry players [12]

Core Insights - IQSTEL Inc. is on track to achieve a full-year revenue forecast of $340 million for FY 2025, with a current revenue run rate of approximately $400 million [1][3][5] - The company reported a net revenue of $102.8 million for Q3 2025, marking a 42% increase from $72.1 million in Q2 2025 [1][2] - The total gross revenue for Q3 reached $118.5 million, with $15.7 million attributed to intercompany revenue among subsidiaries, indicating strong operational integration [2] Financial Performance - Year-to-date revenue stands at $232.8 million, reinforcing the company's growth trajectory [2] - The business mix is approximately 80% telecommunications and 20% fintech, reflecting diversification in revenue streams [3] - IQSTEL's 2026 organic revenue forecast is set at $430 million, indicating a projected growth of 26% [3][13] Business Model and Strategy - The CEO emphasized the scalability and strength of the diversified business model, highlighting organic growth and synergies among subsidiaries [4] - The company has achieved a zero-debt status, which positions it well for future expansion [4] - IQSTEL aims to become a $1 billion global corporation by 2027, focusing on innovation and long-term shareholder value [4][5] Operational Highlights - IQSTEL operates in 21 countries and employs around 100 staff, serving a broad global customer base with high-value services [5] - The company is involved in advanced solutions across Telecom, Fintech, AI, and Cybersecurity, showcasing its commitment to high-margin service offerings [5]

Core Insights - iQSTEL Inc. reported a 42% sequential growth in net revenue for Q3, reaching $102.8 million, surpassing the consensus estimate of $84.589 million [1] - The company's gross revenue for the quarter was $118.5 million, which includes $15.7 million of intercompany revenue among subsidiaries [1] - Year-to-date revenue totaled $232.8 million, with a current revenue run rate of approximately $400 million, primarily from telecommunications (80%) and fintech (20%) [1] Outlook and Future Projections - The company aims to achieve a full-year revenue guidance of $340 million for 2025 [2] - iQSTEL is on track to meet its 2025 revenue target, with an expected organic revenue of $430 million for 2026, representing a 26% increase over the 2025 guidance [3] - The company has set a long-term goal to become a $1 billion tech-driven enterprise by 2027 [4] Leadership and Strategy - CEO Leandro Iglesias emphasized the company's focus on organic growth and leveraging synergies among subsidiaries to create a robust ecosystem of connectivity, proprietary AI, and digital services [2]

Core Insights - The telecom sector is experiencing a significant transformation driven by AI, with companies like IQSTEL Inc. leading the charge in providing advanced solutions across various domains [5][3]. Market Overview - The global AI in telecommunication market is projected to grow from USD 1.89 billion in 2024 to approximately USD 50.21 billion by 2034, reflecting a compound annual growth rate (CAGR) of 38.81% from 2025 to 2034 [4]. Company Highlights - IQSTEL Inc. forecasts organic revenue of $430 million for 2026, indicating a 26% increase from its $340 million revenue forecast for 2025 [6][7]. - The company reported $283 million in revenue for fiscal year 2024 and is on track to meet its 2025 forecast, driven by growth in Telecom, Fintech, AI, and Cybersecurity services [8]. - IQSTEL aims to achieve $15 million in EBITDA by 2026 through strategic acquisitions and organic growth [9][10]. - The company is targeting a revenue milestone of $1 billion by 2027 [11]. Strategic Partnerships - NVIDIA and Nokia have formed a strategic partnership to integrate NVIDIA-powered AI-RAN products into Nokia's portfolio, facilitating the launch of AI-native 5G-Advanced and 6G networks [12][13]. - T-Mobile U.S. will collaborate with Nokia and NVIDIA to test AI-RAN technologies, with trials expected to begin in 2026 [15]. - Verizon Business has announced a deal with AWS to enhance network infrastructure for AI applications, marking a significant commitment to support the AI ecosystem [19][20]. Technological Advancements - NVIDIA is collaborating with SK Group to build an AI factory featuring over 50,000 GPUs, expected to be one of Korea's largest AI factories upon completion [22][24]. - The partnership aims to accelerate digital transformation and innovation across various industries in Korea [22][24].

Core Insights - IQSTEL Inc. forecasts organic revenue of $430 million for 2026, a 26% increase from the $340 million forecast for 2025 [1][4] - The company reported $283 million in revenue for fiscal year 2024 and is on track to meet its 2025 revenue forecast, driven by growth in Telecom, Fintech, AI, and Cybersecurity services [2][6] - IQSTEL plans to acquire two to three accretive businesses to achieve $15 million in EBITDA by 2026 while focusing on organic growth [3] Financial Performance - The company has a strong track record of meeting or exceeding financial forecasts, indicating consistent execution and disciplined management [2] - The projected revenue of $430 million for 2026 marks a significant milestone in IQSTEL's transformation into a diversified, technology-driven corporation [4] - IQSTEL aims to become a $1 billion revenue corporation by 2027, indicating a robust growth trajectory [5][6] Strategic Initiatives - The CEO emphasized the company's focus on building a balanced growth model that combines innovation, efficiency, and scale [4] - Once potential acquisitions are completed, IQSTEL plans to update its 2026 revenue forecast accordingly [5] - The company operates in over 20 countries and serves more than 600 of the world's largest telecom operators, showcasing its extensive market reach [4][6]

Group 1 - iQSTEL Inc. projects organic revenue of $430 million for 2026, representing a 26% increase from the 2025 guidance of $340 million, and higher than the consensus estimate of $336.1 million [1] - The company is on track to meet its 2025 revenue target, driven by organic growth in its Telecom, AI, Cybersecurity, and Fintech services [1] - iQSTEL aims to achieve an EBITDA of $15 million by 2026 through the acquisition of two to three complementary businesses [2] Group 2 - Following any acquisitions, iQSTEL plans to revise its 2026 revenue guidance accordingly [3] - The company continues to target $1 billion in revenue by 2027 [3] - Recently, iQSTEL's AI subsidiary completed Phase One of a joint program with Cycurion, Inc. to develop AI-enhanced cybersecurity solutions [4]

Core Insights - IQSTEL Inc. has released an executive interview featuring CEO Leandro Iglesias and CFO Alvaro Cardona, discussing the company's strategic roadmap, financial achievements, and growth initiatives [1][4] Financial Milestones - The company has fully repaid all outstanding convertible notes and completed acquisitions of QXTEL and Globetopper, marking a pivotal moment as it becomes debt-free [2][3] - CEO Leandro Iglesias emphasized the goal of reaching a $15 million EBITDA run rate by 2026, supported by a strengthened financial foundation [3] Strategic Focus - CFO Alvaro Cardona highlighted the importance of a strong balance sheet, which enhances credibility with lenders and facilitates new financing for strategic acquisitions and growth [3] - The company aims for sustainable growth, operational efficiency, and shareholder value creation through a diversified portfolio and disciplined acquisition strategy [3] Market Position and Projections - IQSTEL is forecasting $340 million in revenue for FY-2025 and aims to become a $1 billion tech-driven enterprise by 2027, supported by operations in 21 countries and a team of 100 employees [4]