- iQSTEL ( OTCQX:IQST ) raised its FY22 revenue expectations and updated on its Nasdaq listing plans.
- The company said it now expects full-year revenue to be $93M, vs. the previous forecast of $90M. This compares to the FY21 revenue of $63M.
- For FY23, the company expects revenue of $105M and consolidated positive net income of over $1M.
- The board has approved the company's 2023 business plans and objectives ahead of the Jan. 31 annual shareholder meeting.
- The company has completed the acquisition of two subsidiaries, Whisl and Smarbitz .
- Additionally, IQST said it will keep the preparations for a Nasdaq uplisting once market conditions improve.
- Source: Press Release
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iQSTEL raises FY22 revenue forecast, updates on Nasdaq listing plans