IQST - IQSTEL Reports Record Q3 2025 Results: $102.8 Million Quarterly Revenue, 42% Sequential Growth, and Strengthened Balance Sheet

Core Insights - IQSTEL Inc. reported significant financial growth in Q3 2025, achieving record revenue of $102.8 million, a 42% increase quarter-over-quarter and a 90% increase year-over-year [7][21] - The company maintains a strong balance sheet with assets of $46.8 million ($12.23 per share) and equity of $17.8 million ($4.66 per share), reflecting a 50.02% increase in equity since December 31, 2024 [7][9] - IQSTEL is on track to meet its full-year 2025 revenue forecast of $340 million and has set an organic revenue forecast of $430 million for 2026, indicating a 26% year-over-year growth [3][10] Financial Highlights - Revenue for the nine months ended September 30, 2025, reached $232.6 million, a 26% increase compared to the same period in 2024 [7] - Adjusted EBITDA for Q3 2025 was $683,189, with a revenue run rate of $411.5 million and an adjusted EBITDA run rate of $2.73 million [7][11] - The company has no dilutive debt, convertible notes, or warrants outstanding, ensuring a clean capital structure [3][8] Strategic Developments - IQSTEL is expanding into high-margin sectors such as Fintech, AI, and Cybersecurity, leveraging its established global business platform [6][8] - The acquisition of a 51% stake in Globetopper enhances the company's revenue mix, with approximately 80% from Telecom and 20% from Fintech [8] - A partnership with Cycurion aims to develop AI-driven cybersecurity solutions, further diversifying IQSTEL's service offerings [8] CEO Commentary - The CEO emphasized the company's strong fundamentals and commitment to increasing shareholder value through profitable growth and innovation [9] - The company is positioned to achieve a $15 million EBITDA target by 2026, laying the groundwork for becoming a billion-dollar global corporation [10] Market Position - IQSTEL operates in 21 countries, serving over 600 telecom operators, and is recognized as a rapidly growing technology corporation on NASDAQ [5][11] - The company's strong balance sheet and explosive revenue growth make it an attractive acquisition target for larger industry players [12]