IQST - IQSTEL Reports Explosive Q3 Growth With $102.8 Million Net Revenue, Up 42% vs. Q2

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]