1. IQST reports $77.8 million in preliminary revenue for early 2025. 2. Revenue is up 12% year-over-year, indicating strong growth. 3. Acquisition of GlobeTopper aims to boost revenue to $400 million. 4. Company targets $1 billion in revenue by 2027 with strategic investments. 5. Recent NASDAQ uplisting enhances visibility and investment opportunities.
IQST’s continued revenue growth and strategic acquisitions indicate strong financial performance, similar to other successful tech companies post-acquisition.
The article addresses key financial metrics and strategic initiatives that directly affect IQST’s market perception and future performance.
The company’s growth strategy and NASDAQ uplisting position it for sustained success and investor interest over time.
NEW YORK, June 5, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a leading multinational telecommunications and technology company, is pleased to announce that its preliminary net revenue for the first four months of 2025 (January through April) totaled approximately $77.8 million, continuing the company's strong growth momentum and reinforcing its confidence in full-year revenue guidance.
This preliminary figure reflects a 12% increase compared to the same period in 2024, highlighting the strength and consistency of IQSTEL's organic growth across its core telecom operations.
"We're pleased with how 2025 has begun," said Leandro Iglesias, CEO of IQSTEL. "Historically, the second half of the year has delivered even stronger performance, and we fully expect that trend to continue. With these results, we remain on track to reach our full-year revenue forecast of $340 million."
IQSTEL's recent acquisition of GlobeTopper, a profitable fintech company with operations across the Americas, Europe, and Africa, is expected to further accelerate growth. The transaction positions IQSTEL to reach a $400 million annualized revenue run rate with a projected 80% telecom / 20% fintech-tech revenue mix by year-end.
IQSTEL´s operating business anticipates generating over $3 million in adjusted EBITDA in 2025, with positive net income in the seven-digit range, driven by operational efficiencies, scalability, and its increasing focus on high-margin services.
IQSTEL continues to execute its strategic roadmap to become a $1 billion revenue company by 2027, combining organic growth, targeted acquisitions, and expansion in key technology sectors, including cybersecurity, AI, managed services, and fintech.
"We've already achieved critical mass, so every dollar of new revenue has an outsized impact on our bottom line," added Iglesias. "With GlobeTopper, our telecom platform, and a growing ecosystem of innovation, we are building something big — and we're just getting started."
IQSTEL's recent uplisting to NASDAQ has already begun to catalyze momentum. The increased visibility and credibility among institutional investors are expected to unlock new strategic opportunities and financial partnerships.
"Being on NASDAQ is a game changer," concluded Iglesias. "It's a sign to the market that we're operating on a higher level. 2025 is shaping up to be a remarkable year — and it's just the beginning."
GlobeTopper (GlobeTopper.com) is a leader in Fintech, specializing in advanced B2B Top-Up solutions, enabling seamless cross-border financial transactions. They focus on providing B2B digital prepaid products, including gift card programs and services. With a solid track record and a scalable, profitable business model, GlobeTopper is poised for exponential growth under IQSTEL's leadership.
IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. The company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.
The Company uses certain financial calculations such as Adjusted EBITDA, Return on Assets, and Return on Equity to measure and evaluate its operating performance. These financial calculations are "non-GAAP financial measures" as defined under SEC rules. The Company presents these financial measures to investors because management believes they are useful in evaluating the primary factors driving the Company's performance. However, these measures should be evaluated in conjunction with the Company's GAAP financial measures.
Statements in this news release may be "forward-looking statements". These statements involve risks, uncertainties, and can differ materially from what is expressed or predicted due to numerous factors. Any forward-looking statements speak only as of the date of this release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement.
For more information, please visit www.IQSTEL.com.