????Strong Revenue Growth: iQSTEL has experienced remarkable growth, increasing revenue from $3 million in 2018 to $144 million, with a forecast of reaching $290 million. This strong performance reflects the company's strategic focus on optimizing its business mix.
????Strategic Business Development: The team spent the day with their top 25 sales executives, discussing expansion plans and preparing for industry meetings with key players. This engagement aims to drive growth in the telecommunications sector while also exploring opportunities in fintech and electric vehicle platforms.
????Enhanced Profitability Focus: CFO Alvaro Quintana outlined efforts to shift towards high-margin SMS services, which yield margins over 20%. This strategic pivot aims to enhance gross margins and ensure the telecom division remains net income positive.
????Investor Engagement: CEO Leandro Jose Iglesias highlighted the company's commitment to improving communication with investors, attending conferences, and fostering relationships with investment banks to enhance trading volume and liquidity.
????Optimized Operations: The ongoing consolidation of iQSTEL's platform is set to reduce costs and improve operational efficiencies, positioning the company for sustained profitability and growth.
CEO Leandro Jose Iglesias and CFO Alvaro Quintana expressed confidence in their strategies and reassured stakeholders that iQSTEL is on the right path to achieving positive outcomes in the near future. Their proactive approach underscores the company's commitment to delivering value to shareholders while navigating the evolving telecom landscape.
Stay tuned for insights on iQSTEL's roadmap to success, its innovative solutions, and how it’s poised to revolutionize telecom and fintech on a global scale.
https://www.iqstel.com/
This is just the beginning of a series of talks between the IR manager, Brad and management. Be sure to join our next one where we'll dive into the NASDAQ up-listing plan.
#iQSTEL #TelecomInnovation #FintechSolutions #TechLeadership #TelecomAndFintech #GlobalConnectivity #MarketGrowth #TechDisruption https://www.youtube.com/watch?v=tUAAK-02_Js