iQSTEL Inc. Announces Preliminary FY‑2025 Revenue of $317 Million
iQSTEL Inc. (NASDAQ: IQST), a global telecommunications and technology company, disclosed that its preliminary revenue for fiscal year 2025 reached approximately $317 million. The figure is consistent with the company’s stated revenue run‑rate of about $400 million, derived from 80 % of revenue in the telecom segment and 20 % in fintech.
Revenue Growth Context
The preliminary result reinforces iQSTEL’s multi‑year growth trajectory. Management indicated that the company is now entering a “profit inflection phase” where operating scale is expected to generate accelerated earnings before interest, taxes, depreciation, and amortization (EBITDA) growth.
Strategic Drivers of EBITDA Expansion
According to the company’s press release, the following initiatives are anticipated to accelerate EBITDA in 2026:
| Initiative | Expected Impact |
|---|---|
| Operating leverage as revenue scales toward $500 M–$600 M | Increase in profitability through cost efficiencies |
| Consolidation of minority ownership in key subsidiaries (Q2 2026) | Projected operating EBITDA of ~ $4 M |
| EBITDA‑accretive acquisitions (Q3 2026) | Projected operating EBITDA of ~ $9 M |
| Expansion of higher‑margin AI and cybersecurity services | Additional margin enhancement |
The company currently reports an adjusted EBITDA run‑rate of approximately $2.7 million and forecasts that EBITDA could reach $9–$15 million as revenue scales toward $500 M–$600 M in 2026.
Market Positioning
iQSTEL has built a global telecommunications and technology distribution platform over 17 years. The platform connects more than 600 telecom operators across more than 20 countries and indirectly serves approximately 2.7 billion end customers worldwide. By embedding its services within telecom operator infrastructure and billing systems, iQSTEL can cross‑sell higher‑margin technology solutions to an already monetized global network.
Valuation Outlook
Companies in iQSTEL’s sector typically trade between 10× and 20× EBITDA. Using these benchmarks, the company estimates that:
- At an operating EBITDA run‑rate of ~$4 M (post‑consolidation), the implied valuation could be $40 M–$80 M.
- At an operating EBITDA run‑rate of ~$9 M (post‑acquisition), the implied valuation could be $90 M–$180 M.
These projections illustrate the potential upside associated with the company’s planned EBITDA expansion.
Current Financial Snapshot
| Item | Value |
|---|---|
| Close price (2026‑03‑08) | $2.03 |
| 52‑week high | $18.68 |
| 52‑week low | $1.80 |
| Market cap | $9,468,541 |
| P/E ratio | –0.658 |
iQSTEL remains focused on transitioning from revenue scale to profitability expansion, leveraging its global platform, strategic acquisitions, and higher‑margin technology services to drive future earnings growth.
