EXCLUSIVE: Telecom Drives iQSTEL's 42% Q3 Revenue Growth

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]