Iqstel Reports Preliminary Income Surge Ahead of Schedule
Iqstel IQST has announced a remarkable preliminary income projection for July 2025, estimating around $35 million. This figure not only exceeds the annualized income rate of $400 million but also comes five months ahead of the company’s internal timeline.
Projected Income Growth in 2025
If Iqstel can sustain this income momentum into the latter half of 2025, the company anticipates achieving approximately $210 million in income during that period. This positions Iqstel firmly in the pursuit of its ambitious income target of $340 million for the year.
Income Mix: Telecommunications and Fintech
The current revenue breakdown for Iqstel indicates a healthy mix, with around 80% stemming from telecommunications services, while 20% comes from fintech operations. This diverse portfolio is integral to the company’s growth strategy.
Growth Trajectory Since 2018
Since its inception, Iqstel has shown impressive growth, leaping from $13 million in revenue in 2018 to nearly $300 million by 2024. With a clear vision of reaching $1 billion in revenue by 2027, Iqstel aims to leverage its strategic initiatives effectively, transitioning from a capital deficit of $1.5 million in 2018 to a net capital of $11.9 million in 2024.
Debt Reduction and Financial Stability
After its debut on Nasdaq, Iqstel has taken significant steps to enhance its financial stability by successfully reducing debt by nearly $7 million, equating to roughly $2 per share. Notably, $3.5 million of this debt was restructured into preferred shares, reinforcing the company’s capital structure.
Acquisitions and Growth Prospects
Looking ahead, Iqstel is set to pursue acquisitions that have the potential to add approximately $10 million in EBITDA, enhancing its growth trajectory. The company has set an EBITDA execution target of $15 million in operating companies by 2026, with anticipated deals likely to materialize over the next 18 months.
Strategic Partnership with Cynurion
Recently, Iqstel entered a strategic partnership with Cynurion CYCU to integrate high-tech, high-margin services into its sales platform. This collaboration aims to deliver next-generation cybersecurity solutions using AI for telecommunications operators, governments, and businesses globally.
Conclusion and Market Outlook
As Iqstel sets its sights on achieving $1 billion in income by 2027, the company continues to innovate and expand. In the latest market data, IQST shares reflected a 3.80% increase, trading at $8.20 in pre-market sessions.
Stay Updated
For more insights and updates about Iqstel and the telecommunications market, keep an eye on the latest news and developments.
Photo via Shutterstock