IQST - IQSTEL Reports Preliminary $317 Million Revenue for FY-2025 and Highlights Strategic Path Toward EBITDA Expansion
MWN-AI** Summary
IQSTEL Inc. (NASDAQ: IQST), a global telecommunications and technology company, recently reported preliminary revenue of approximately $317 million for fiscal year 2025, marking a significant milestone in its growth trajectory. The firm operates at an estimated $400 million annual revenue run rate, split between 80% telecom and 20% fintech services. This positions IQSTEL in what it describes as a profit inflection phase, where its operational scale is expected to translate into accelerated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growth.
Chairman and CEO Leandro Iglesias emphasized the company's shift from merely building revenue to expanding profitability. Over the course of 17 years, IQSTEL has developed a robust global telecom platform connecting over 600 operators across 20 countries, indirectly reaching approximately 2.7 billion end customers. This integrated platform is set to facilitate cross-selling of higher-margin technology solutions, enhancing revenue potential.
Looking ahead, IQSTEL plans to leverage operating leverage, consolidate minority stakes, and engage in EBITDA-accretive acquisitions to drive profitability. Management anticipates that its EBITDA could surge from $2.7 million to between $9 million and $15 million as revenue scales toward $500 million to $600 million by 2026. This growth could potentially re-rate the company's valuation, currently estimated to increase to between $40 million to $300 million based on their EBITDA projections.
In parallel, IQSTEL aims to target strategic acquisitions and expand its offerings in AI-enabled telecom and cybersecurity services, which are anticipated to significantly boost its margin profile and revenue streams by 2027. With a solid financial structure and a focused growth strategy, IQSTEL is poised for future success in the technology-driven market.
MWN-AI** Analysis
IQSTEL Inc. (NASDAQ: IQST) has reported preliminary revenue of approximately $317 million for fiscal year 2025, indicating a promising trajectory for growth in the telecommunications and technology sector. As the company positions itself for profitability through strategic initiatives, investors should closely monitor key developments impacting IQSTEL's performance.
With a significant operating revenue run rate of around $400 million, the company exhibits a solid foundation with a diverse revenue mix—80% from telecom and 20% from fintech. Management is focused on transitioning from a revenue-centric approach to one emphasizing profitability, targeting an EBITDA range of $9 million to $15 million by 2026. Given current industry valuation multiples of 10x to 20x EBITDA, potential valuation increases could be substantial, ranging from $90 million to $300 million by the end of 2026.
IQSTEL's established infrastructure, built over 17 years, facilitates operations across 20 countries, serving approximately 2.7 billion end customers through partnerships with major telecom operators. This robust platform not only positions IQSTEL for continued revenue growth but also provides a pathway to expand higher-margin technology services, including AI and cybersecurity solutions, crucial in today’s digital landscape.
Investors should also note the company's clean capital structure, with no convertible debt or outstanding warrants, enhancing its appeal for institutional ownership. As IQSTEL pursues strategic acquisitions to bolster its growth, particularly in high-margin sectors, the stock presents an intriguing value proposition.
In summary, while IQST has demonstrated substantial revenue growth, the market will be particularly interested in how effectively the company executes its strategic initiatives to enhance EBITDA and profitability. As such, keeping an eye on upcoming acquisitions and service expansions will be critical for investment decisions in IQSTEL.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
NEW YORK, March 9, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a global telecommunications and technology company, today announced preliminary revenue of approximately $317 million for fiscal year 2025, continuing the company's strong multi-year growth trajectory.
The company currently operates at approximately a $400 million annual revenue run rate (80% Telecom, 20% Fintech), positioning IQSTEL at the beginning of what management describes as its profit inflection phase, where operational scale begins to translate into accelerated EBITDA growth.
"Our focus now is transitioning from building revenue scale to expanding profitability," said Leandro Iglesias, Chairman and CEO of IQSTEL. "After years of building our global telecom business platform, we are entering the phase where operating leverage, acquisitions, and higher-margin technology services begin to significantly impact EBITDA."
Global Business Platform Built Over 17 Years
Over more than 17 years of operations, IQSTEL has built a global telecommunications and technology distribution platform connecting more than 600 telecom operators across more than 20 countries.
This infrastructure includes routing systems, billing integrations, telecom credit relationships, settlement history, regulatory compliance, and multi-country operational capabilities that allow IQSTEL to operate across multiple jurisdictions.
Because IQSTEL is embedded within telecom operator infrastructure and billing systems, the platform indirectly serves approximately 2.7 billion end customers worldwide through its operator partners.
Major telecom operators around the world have conducted business with IQSTEL. We invite readers to visit www.iqstel.com to see a selection of companies that have worked with the Company.
Beyond connectivity, this business platform enables IQSTEL to cross-sell higher-margin technology solutions into an already monetized global network, leveraging long-standing relationships with telecom operators that already trust the company with millions of dollars in annual business.
Transitioning From Revenue Scale to EBITDA Acceleration
Having already achieved significant revenue scale, IQSTEL is now entering the next phase of its growth strategy focused on profitability expansion in 2026.
This transition is expected to be driven by:
- Operating leverage as revenue scales toward $500M–$600M
- Consolidation of minority ownership in key subsidiaries
- EBITDA-accretive acquisitions
- Expansion of higher-margin AI and cybersecurity services
The company currently reports an Adjusted EBITDA run rate of approximately $2.7 million and expects EBITDA to increase through both organic growth and consolidation initiatives.
Management projects EBITDA run rate could reach $9–$15 million as revenue scales toward $500M–$600M in 2026, representing the company's expected financial inflection point.
Potential Valuation Expansion Driven by EBITDA Growth
Companies operating in IQSTEL's sector typically trade between 10x and 20x EBITDA. Based on these market benchmarks, the company believes its planned EBITDA expansion could significantly increase the implied valuation of the business.
Under this framework:
- At approximately $4 million operating EBITDA run rate, expected after completing the consolidation of minority interests in key subsidiaries (anticipated in Q2 2026), the implied valuation range could be $40 million to $80 million.
- At approximately $9 million operating EBITDA run rate, expected after completing the Company's first strategic acquisition (anticipated in Q3 2026), the implied valuation range could increase to $90 million to $180 million.
- At approximately $15 million operating EBITDA run rate, expected after completing the second strategic acquisition currently under evaluation (anticipated in Q4 2026), the implied valuation range could potentially reach $150 million to $300 million.
Management believes that as IQSTEL executes its operational plan and the market recognizes the company's earnings expansion, the company could experience a valuation re-rating consistent with industry multiples.
Strategic Growth Through Acquisitions and Technology Expansion
IQSTEL plans to pursue two targeted acquisitions in 2026, designed to accelerate the company's growth beyond $500 million in revenue while expanding its geographic footprint and technology capabilities.
In parallel, IQSTEL is expanding into AI-enabled telecom solutions and cybersecurity services (IQSTEL AI & Digital Business Division), leveraging its existing telecom customer relationships to introduce higher-margin technology products into an already established global distribution network.
These initiatives (IQSTEL AI & Digital) are expected to generate seven-digit annual revenue by 2027, improving the company's margin profile and earnings quality.
Strong Financial Structure
IQSTEL maintains a clean capital structure, including:
- No convertible debt
- No warrants outstanding
- Approximately 4.9 million shares outstanding
- $12.23 in assets per share
- $4.66 in stockholders' equity per share
The company is listed on the NASDAQ Capital Market and continues to focus on strengthening institutional ownership and liquidity.
Additional Information
For additional details regarding the company's strategy, financial framework, and growth roadmap, investors are encouraged to review the IQSTEL Expanded Investor Deck, which was filed with the U.S. Securities and Exchange Commission as an 8-K on March 6, 2026.
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a Global Connectivity, AI, and Digital Corporation 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. Backed by a strong and scalable business platform, the company is reporting preliminary $317 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
For more information, please visit www.IQSTEL.com.
Official Investors Landing Page: www.landingpage.iqstel.com
SOURCE iQSTEL
FAQ**
How does iQSTEL Inc IQST plan to leverage its existing telecom operator relationships to achieve higher margins in its technology services, particularly in AI and cybersecurity?
Given the projected EBITDA run rate growth from $2.7 million to $15 million, what specific operational changes or investments will iQSTEL Inc IQST implement to ensure this growth materializes?
What criteria will iQSTEL Inc IQST use to identify potential acquisition targets, and how do these acquisitions align with their goal of exceeding $500 million in revenue?
What are the key risks that iQSTEL Inc IQST anticipates in its transition from revenue scale to EBITDA expansion, and how is the company planning to mitigate them?
**MWN-AI FAQ is based on asking OpenAI questions about iQSTEL Inc. (NASDAQ: IQST).
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