iQSTEL Inc(US:IQST) Prnewswire·2025-08-12 12:10Core Insights - IQSTEL Inc. reported preliminary revenue of approximately $35 million for July 2025, exceeding its $400 million annualized revenue run rate five months ahead of schedule [1] - The company projects $210 million in revenue for the second half of 2025, aiming for a total of $340 million for the full year [2] - IQSTEL has grown from $13 million in revenue in 2018 to nearly $300 million in 2024, with a target of reaching $1 billion in revenue by 2027 [3][10] Financial Performance - The company has reduced nearly $7 million in debt since its NASDAQ uplisting, enhancing its balance sheet and capacity for reinvestment [4] - Of the $7 million debt reduction, $3.5 million was converted into preferred shares, indicating confidence from debt holders in the company's strategic direction [5] - IQSTEL is upgrading its accounting systems for monthly reporting of revenue and EBITDA, introducing EBITDA per share as a key performance metric [6] Strategic Initiatives - IQSTEL signed a Memorandum of Understanding (MOU) with Cycurion Inc. to integrate high-tech, high-margin services into its business platform [7] - The collaboration aims to deliver AI-driven cybersecurity solutions to telecom operators, governments, and enterprises, supporting IQSTEL's goal of becoming a leader in the industry [8] - The company is actively pursuing acquisitions that could add $10 million in EBITDA, with a goal of achieving a $15 million EBITDA run rate by 2026 [6] Long-term Vision - IQSTEL's strategies are designed for sustained growth beyond the current planning horizon, focusing on increased revenue per share and net shareholders' equity [9] - Achieving $1 billion in revenue by 2027 is expected to close the valuation gap compared to sector leaders, unlocking substantial shareholder value [10] - The company operates in 21 countries, providing advanced solutions across Telecom, Fintech, and Cybersecurity, with a forecast of $340 million in revenue for FY-2025 [11]