iQSTEL Inc(IQST) - 2024 Q4 - Annual Results

iQSTEL 2025 Shareholder Letter Strategic Performance & M&A Expertise iQSTEL highlights its proficiency in mergers and acquisitions, citing 11 successful ventures and the recent QXTEL acquisition as a prime example, which generated $85 million in net revenue and $950,000 in EBITDA from April to December 2024, demonstrating consistent and substantial Revenue Per Share (RPS) growth from 2020 to 2024 - The company has successfully completed 11 venture and acquisition deals, establishing itself as an expert in identifying and integrating high-value companies[3] QXTEL Post-Acquisition Performance (Apr-Dec 2024, Preliminary) | Metric | Value | | :--- | :--- | | Net Revenue | $85 million | | EBITDA | $950,000 | Revenue Per Share (RPS) Growth Trajectory (2020-2024) | Year | RPS | | :--- | :--- | | 2020 | $0.380 | | 2021 | $0.439 | | 2022 | $0.577 | | 2023 | $0.839 | | 2024 (preliminary) | $1.364 | 2025 Strategic Initiatives and Outlook For 2025, iQSTEL is launching an aggressive M&A campaign to acquire a company in the Telecom, Fintech, Cybersecurity, or AI sectors with over $1 million in annual EBITDA, to be completed before a planned NASDAQ uplisting, while forecasting significant growth with $340 million in revenue and $3 million in operating business EBITDA 2025 Financial Forecast | Metric | Forecast | | :--- | :--- | | Revenue | $340 million | | EBITDA (operating business) | $3 million | - The company is launching an "M&A 2025 Campaign" to acquire a company generating tens of millions in revenue and over $1 million in EBITDA annually, with the acquisition intended to be completed before a NASDAQ uplisting[5][6] - The NASDAQ uplisting process is progressing steadily, with a focus on organic stock price growth, and a reverse stock split would only be considered in conjunction with the uplisting if necessary[12][13] - Key initiatives for H1 2025 include launching cybersecurity products through a partnership with Cycurion and introducing new AI services via the Airweb.ai platform[15] Shareholder Alignment and Long-Term Vision Management demonstrates strong alignment with shareholder interests by being the largest shareholder group, holding the equivalent of 40.5 million common shares, supporting the company's long-term vision of reaching $1 billion in revenue with eight-digit positive EBITDA by 2027, and providing financial flexibility through extended convertible note maturities - The company's long-term vision is to become a $1 billion revenue company with eight-digit positive EBITDA by 2027[11][17] - Management is the largest shareholder group, holding the equivalent of 40.5 million common shares, aligning their interests directly with other shareholders[16] - Long-term investors have shown confidence by extending the maturity dates of convertible notes (used to acquire QXTel) from 2025 to 2026, enhancing the company's financial flexibility[19][20] About iQSTEL and Business Divisions iQSTEL is a US-based technology and telecommunications company with preliminary 2024 revenues of $277 million, currently in the final stages of a NASDAQ uplisting, operating across four main divisions and launching new Cybersecurity services to leverage its existing customer base for high-margin product sales - Based on preliminary accounting, iQSTEL's FY2024 revenues were $277 million[25] - The company operates through four primary divisions and a new cybersecurity service[28][29][32] iQSTEL Business Divisions | Division | Offerings | | :--- | :--- | | Telecommunications | VoIP, SMS, IoT, Mobile Portability Blockchain Platform | | Fintech | Remittance, Top-Up, MasterCard Debit Card, US Bank Accounts | | Electric Vehicles (EV) | Electric Motorcycles, planned Mid-Speed Car | | Artificial Intelligence (AI) | AI solutions for customer engagement, white-label platform | | Cybersecurity | 24/7 monitoring, threat detection, incident response (via Cycurion partnership) |