$IQST - IQSTEL Reports $128.8 Million in Preliminary Revenue for First Half of 2025
https://www.prnewswire.com/news-releases/iqst...07432.html
June Revenue Hits $27.3 Million; Globetopper Acquisition Positions Company to Reach $400 Million Run Rate in Q3 – Ahead of Plan
NEW YORK, July 17, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) is pleased to announce preliminary unaudited revenue of $128.8 million for the first half of 2025 (H1). June alone contributed $27.3 million, a significant increase from May's $23.7 million, highlighting the company's accelerating commercial momentum across its global telecom and tech operations.
Starting July 1st, IQSTEL will begin consolidating revenue from its newly acquired subsidiary, Globetopper, expected to add $5 million to $6 million per month in additional revenue.
On this trajectory, IQSTEL expects to reach a $400 million annualized revenue run rate during Q3 — several months ahead of the company's original year-end target. This milestone represents a critical leap forward in the company's strategic roadmap toward achieving its $1 billion revenue goal by 2027.
"We're pleased with the strong performance in the first half and even more enthusiastic about what lies ahead," said Leandro Iglesias, CEO of IQSTEL. "Historically, the second half of the year delivers even stronger results, and with Globetopper now part of the group, we're confidently on track to reach our $340 million revenue forecast for 2025."
At the same time, IQSTEL's strategy to expand its portfolio with high-tech, high-margin products—such as the recently launched IQ2Call.ai—is now more tangible than ever. This focus is designed not only to drive top-line growth, but more importantly, to boost Net Income and Adjusted EBITDA, fueling bottom-line expansion. As these advanced services gain traction, they are accelerating commercial momentum and reinforcing IQSTEL's transformation from a traditional telecom operator into a technology-driven, high-performance enterprise.
IQSTEL continues to execute its growth plan through a combination of organic expansion, strategic acquisitions, and AI-powered service offerings, strengthening its global position as a next-generation telecom and tech powerhouse.
"This is only the beginning," added Iglesias. "We grew from $13 million in revenue in 2018 to nearly $300 million last year. With the second half of 2025 set to elevate us even further, we are laying the foundation to become a $1 billion company by 2027."
https://www.prnewswire.com/news-releases/iqst...07432.html
June Revenue Hits $27.3 Million; Globetopper Acquisition Positions Company to Reach $400 Million Run Rate in Q3 – Ahead of Plan
NEW YORK, July 17, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) is pleased to announce preliminary unaudited revenue of $128.8 million for the first half of 2025 (H1). June alone contributed $27.3 million, a significant increase from May's $23.7 million, highlighting the company's accelerating commercial momentum across its global telecom and tech operations.
Starting July 1st, IQSTEL will begin consolidating revenue from its newly acquired subsidiary, Globetopper, expected to add $5 million to $6 million per month in additional revenue.
On this trajectory, IQSTEL expects to reach a $400 million annualized revenue run rate during Q3 — several months ahead of the company's original year-end target. This milestone represents a critical leap forward in the company's strategic roadmap toward achieving its $1 billion revenue goal by 2027.
"We're pleased with the strong performance in the first half and even more enthusiastic about what lies ahead," said Leandro Iglesias, CEO of IQSTEL. "Historically, the second half of the year delivers even stronger results, and with Globetopper now part of the group, we're confidently on track to reach our $340 million revenue forecast for 2025."
At the same time, IQSTEL's strategy to expand its portfolio with high-tech, high-margin products—such as the recently launched IQ2Call.ai—is now more tangible than ever. This focus is designed not only to drive top-line growth, but more importantly, to boost Net Income and Adjusted EBITDA, fueling bottom-line expansion. As these advanced services gain traction, they are accelerating commercial momentum and reinforcing IQSTEL's transformation from a traditional telecom operator into a technology-driven, high-performance enterprise.
IQSTEL continues to execute its growth plan through a combination of organic expansion, strategic acquisitions, and AI-powered service offerings, strengthening its global position as a next-generation telecom and tech powerhouse.
"This is only the beginning," added Iglesias. "We grew from $13 million in revenue in 2018 to nearly $300 million last year. With the second half of 2025 set to elevate us even further, we are laying the foundation to become a $1 billion company by 2027."
