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EXCLUSIVE: Telecom Drives iQSTEL's 42% Q3 Revenue Growth
Yahoo Finance· 2025-11-06 14:01
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]
IQST - IQSTEL Announces $430 Million Organic Revenue Forecast for 2026, Reflecting 26% Organic Growth and Building on Strong Momentum
Prnewswire· 2025-10-30 12:45
Core Insights - IQSTEL Inc. forecasts organic revenue of $430 million for 2026, a 26% increase from the $340 million forecast for 2025 [1][4] - The company reported $283 million in revenue for fiscal year 2024 and is on track to meet its 2025 revenue forecast, driven by growth in Telecom, Fintech, AI, and Cybersecurity services [2][6] - IQSTEL plans to acquire two to three accretive businesses to achieve $15 million in EBITDA by 2026 while focusing on organic growth [3] Financial Performance - The company has a strong track record of meeting or exceeding financial forecasts, indicating consistent execution and disciplined management [2] - The projected revenue of $430 million for 2026 marks a significant milestone in IQSTEL's transformation into a diversified, technology-driven corporation [4] - IQSTEL aims to become a $1 billion revenue corporation by 2027, indicating a robust growth trajectory [5][6] Strategic Initiatives - The CEO emphasized the company's focus on building a balanced growth model that combines innovation, efficiency, and scale [4] - Once potential acquisitions are completed, IQSTEL plans to update its 2026 revenue forecast accordingly [5] - The company operates in over 20 countries and serves more than 600 of the world's largest telecom operators, showcasing its extensive market reach [4][6]