IQST - IQSTEL Becomes a Debt-Free Nasdaq Company With No Convertible Notes or Warrants and Plans to Give $500,000 in Shares as Dividend by the End of the Year

Core Insights - IQSTEL Inc. has eliminated all convertible notes and fully paid for its recent acquisitions, QXTEL and Globetopper, marking a significant milestone in its financial strategy [1][2][3] - The company is now debt-free, with a solid financial foundation that includes $17.41 in assets per share, enhancing its ability to execute growth strategies and deliver shareholder value [2][3][4] Financial Position - IQSTEL's clean capital structure features zero convertible debt and no outstanding warrants, providing strategic flexibility for future initiatives [3][4] - The company plans to distribute a $500,000 dividend in shares by the end of 2025, demonstrating its commitment to shareholder value while pursuing strategic partnerships [5][6] Strategic Initiatives - The partnership with Cycurion is being accelerated to develop AI-enhanced cybersecurity services, expanding IQSTEL's portfolio in high-tech sectors [7][8] - The company aims to achieve a $15 million EBITDA run rate by 2025 and a $1 billion revenue run rate by 2027, reinforcing its growth trajectory as a Global Connectivity, AI & Digital Corporation [9][11] Investor Relations - IQSTEL has launched an official Investors Landing Page to enhance transparency and provide easy access to key financial metrics and corporate updates [10]