Company research
iQSTEL Inc
CIK 1527702Updated Sep 27, 2026
SecurityIQST · NASDAQ · equity
Historical securities (1)
IQSTD · OTC · equity · closed May 13, 2025Name history
PURESNAX INTERNATIONAL, INC. · through Jun 28, 2018PURE SNAX INTERNATIONAL, INC. · through Nov 23, 2015B-MAVEN, INC. · through Aug 13, 2015
IQST price & chart
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NASDAQ:IQST on TradingView ↗About the company
We are a technology company with operations in 20 countries (Argentina, Armenia, Austria, Canada, Colombia, Germany, Greece, Guatemala, India, Italy, Pakistan, Romania, Serbia, Spain, Switzerland, Turkey, UAE, UK, USA and Venezuela) and over 100 employees that offer leading-edge services through our subsidiaries in the telecommunications, fintech, and AI-enhanced industries. Our global presence includes offices in USA, Argentina, UK, Switzerland, Turkey, and Dubai, and we target diverse and high-growth markets. We maintain more than 603 high value network interconnections around the world, delivering international voice, SMS, and connectivity services that form the core of our business. Our strategy focuses on leveraging synergies among our subsidiaries to drive innovation, operational efficiency, and growth through organic development and strategic acquisitions.
In the news
IQST - IQSTEL Digital Models an Illustrative $14.4 Million to $21.6 Million in Annualized Consumer Billings at 300,000 Active Paid Monthly Microdrama Subscriptions ↗
Recent filings
Other Events
Items 8.01, 9.01
10-Q/A filing
10-Q filing
NT 10-Q filing
DEF 14C filing
Show 5 more recent filings
Results of Operations and Financial Condition · Other Events
Items 2.02, 8.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
PRE 14C filing
Other Events
Items 8.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 51,087,935Source | 79,007,738Source | 22,155,653Source | 12,549,484Source |
| Property, Plant and Equipment, NetUSD | 615,048Source | 561,802Source | 522,997Source | 401,021Source |
| GoodwillUSD | 5,790,049Source | 6,750,045Source | 5,172,146Source | 5,172,146Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,155,359Source | 2,510,357Source | 1,362,668Source | 1,329,389Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 30,259,020Source | 57,158,967Source | 12,539,774Source | 4,209,125Source |
| Inventory, NetUSD | 30,658Source | 30,658Source | 27,121Source | 26,124Source |
| Assets, CurrentUSD | 36,162,424Source | 63,015,046Source | 15,719,172Source | 6,436,590Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,077,868Source | 2,684,349Source | 1,449,094Source | 545,628Source |
| Other Assets, NoncurrentUSD | 1,103,538Source | 999,083Source | 214,991Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 34,807,308Source | 67,107,475Source | 14,109,781Source | 6,714,067Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 4,668Source | 202,976Source | 172,130Source | 161,595Source |
| Additional Paid in CapitalUSD | 54,455,615Source | 39,743,485Source | 34,360,884Source | 31,136,120Source |
| Retained Earnings (Accumulated Deficit)USD | -43,276,006Source | -32,703,410Source | -26,084,133Source | -24,504,395Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -25,340Source | -25,340Source | -25,340Source | -33,557Source |
| Stockholders' Equity Attributable to ParentUSD | 16,280,627Source | 7,217,757Source | 8,423,582Source | 6,759,794Source |
| Liabilities and EquityUSD | 51,087,935Source | 79,007,738Source | 22,155,653Source | 12,549,484Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 34,606,407Source | 63,821,196Source | 13,840,944Source | 6,451,679Source |
| Accounts Payable, CurrentUSD | 9,167,288Source | 2,129,241Source | 2,966,279Source | 2,254,636Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,121,603Source | 4,682,506Source | -377,710Source | -924,377Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,242,848Source | — | — | — |
| Deferred Tax Liabilities, NetUSD | -68,375Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 2,455,641Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 4,020,833Source | 2,455,641Source | 493,164Source | 94,342Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 31,302Source | — | 99,099Source | 108,150Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -8,510,266Source | -5,180,036Source | -219,436Source | -5,865,761Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 627,667Source | 499,535Source | 128,737Source | 120,117Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 305,013Source | 223,219Source | 42,890Source | 126,500Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -38,087,145Source | 56,091,437Source | 8,010,726Source | 799,533Source |
| Increase (Decrease) in InventoriesUSD | — | -3,537Source | -997Source | -26,124Source |
| Deferred Income Tax Expense (Benefit)USD | -216,364Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,844,872Source | -2,930,306Source | -1,483,801Source | -1,765,060Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 1,889,132Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -239,651Source | -3,162,971Source | -332,550Source | -2,001,506Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 113,020Source | 151,620Source | 220,045Source | 112,074Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 3,729,525Source | 7,240,966Source | 1,833,965Source | 1,767,982Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -354,998Source | 1,147,689Source | 33,279Source | -2,005,424Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,155,359Source | 2,510,357Source | 1,362,668Source | 1,329,389Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 534,163Source | 879,783Source | 45,282Source | 3,333Source |
| Income Taxes Paid, NetUSD | 294,453Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 15,665Source | -6,840Source |
| Additional Financial Items | ||||
| AmortizationUSD | 458,610Source | 1,096,725Source | 38,758Source | 7,407Source |
| Amortization of Intangible AssetsUSD | 481,250Source | 360,938Source | — | — |
| AssetAcquisitionContingentConsiderationLiabilityUSD | 285,175Source | — | — | — |
| Deferred Other Tax Expense (Benefit)USD | -216,364Source | 183,647Source | 53,568Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | -216,981Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 7,200Source | — |
| General and Administrative ExpenseUSD | 11,540,712Source | 9,105,813Source | 4,987,516Source | 4,983,176Source |
| GoodwillUSD | 5,790,049Source | 6,750,045Source | 5,172,146Source | 5,172,146Source |
| Goodwill, Impairment LossUSD | 2,168,552Source | — | — | — |
| Income Tax Expense (Benefit)USD | 121,705Source | 394,030Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,510,266Source | -5,991,567Source | -763,258Source | -5,967,474Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 653,717Source | 811,531Source | 543,822Source | 101,713Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,859,039Source | -6,619,277Source | -1,579,738Source | — |
| Nonoperating Income (Expense)USD | -4,136,551Source | -3,951,942Source | 96,067Source | -2,674,101Source |
| Operating ExpensesUSD | 13,709,264Source | 9,105,813Source | 4,987,516Source | 4,983,176Source |
| Operating Lease, ExpenseUSD | 34,366Source | 28,539Source | 5,954Source | 73,865Source |
| Other Nonoperating Income (Expense)USD | -199,523Source | -12,360Source | -199,276Source | -112,962Source |
| Proceeds from Issuance of Common StockUSD | — | 100,000Source | — | 1,100,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | 284,127Source | — | — | — |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 120,945Source | 102,773Source | — | — |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | 943,833Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 316,899,498Source | 283,220,442Source | 144,502,351Source | 93,203,532Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -4,252,010Source | -834,064Source | -315,503Source | -3,191,660Source |
| Other Nonoperating Income (Expense)USD | -199,523Source | -12,360Source | -199,276Source | -112,962Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,388,561Source | -4,786,006Source | -219,436Source | -5,865,761Source |
| Income Tax Expense (Benefit)USD | 121,705Source | 394,030Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 653,717Source | 811,531Source | 543,822Source | 101,713Source |
| Net Income (Loss) Attributable to ParentUSD | -8,510,266Source | -5,991,567Source | -763,258Source | -5,967,474Source |
| Earnings Per Share, DilutedUSD per share | -2.86Source | -0.04Source | -0.01Source | -0.04Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 151,850,443Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 481,250Source | 360,938Source | — | — |
| Current Income Tax Expense (Benefit)USD | 338,069Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 627,667Source | 499,535Source | 128,737Source | 120,117Source |
| Gain (Loss) Related to Litigation SettlementUSD | -216,981Source | — | — | — |
| General and Administrative ExpenseUSD | 11,540,712Source | 9,105,813Source | 4,987,516Source | 4,983,176Source |
| Goodwill, Impairment LossUSD | 2,168,552Source | — | — | — |
| Gross ProfitUSD | 9,457,254Source | 8,271,749Source | 4,672,013Source | 1,791,516Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -8,955,346Source | — | — | — |
| Management Fee ExpenseUSD | 972,000Source | 846,000Source | 516,000Source | 576,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,859,039Source | -6,619,277Source | -1,579,738Source | — |
| Nonoperating Income (Expense)USD | -4,136,551Source | -3,951,942Source | 96,067Source | -2,674,101Source |
| Operating ExpensesUSD | 13,709,264Source | 9,105,813Source | 4,987,516Source | 4,983,176Source |
| Operating Lease, ExpenseUSD | 34,366Source | 28,539Source | 5,954Source | 73,865Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 120,945Source | 102,773Source | — | — |
Offerings
Registration 333-296142
Registration 333-284357
Filing attachments
ex99_1.htm · 8-K · 2026-09-08
EX-99.1 2 ex99_1.htm PRESS RELEASE OF IQSTEL INC., DATED SEPTEMBER 3, 2026 IQST - IQSTEL Sets 2027 Targets for IDILIO TV: Potential Mobile Audience of 40 Million Users by Q2 and 500,000 Gross Subscribers by Year-End, Backed by Leadership Experience Building a 100 Million-User Audience IQSTEL has launched the IDILIO TV commercial sales pipeline with mobile operators as part of its strategy to build scalable, high-margin recurring digital revenue IDILIO TV is backed by a $5 million seed roun…
Read attachment ↗ex99_1.htm · 8-K · 2026-07-16
EX-99.1 2 ex99_1.htm PRESS RELEASE OF IQSTEL INC., DATED JULY 13, 2026 IQST - IQSTEL Builds Corporate Platform to Enhance Financial Transparency, Positioning the Company for Transformational M&A and Digital Services Expansion The creation of IQSTEL Operating Holdings, effective July 2, 2026, creates a more flexible financial platform designed to increase shareholder financial visibility, support access to traditional financing, and enable future expansion through M&A and Digital Services. …
Read attachment ↗ex99_2.htm · 8-K · 2026-07-16
EX-99.2 3 ex99_2.htm PRESS RELEASE OF IQSTEL INC., DATED JULY 16, 2026 IQST - IQSTEL Reports Preliminary First-Half 2026 Revenue of $207 Million, Positioning the Company to Surpass a Half-Billion-Dollar Annual Revenue Run Rate and Exceed an $8 Million EBITDA Run Rate Preliminary first-half 2026 net revenue reached approximately $207 million, compared to $130 million in the same period of 2025, representing approximately 59% year-over-year growth. NEW YORK, NY - July 16 th, 2026 - IQSTEL In…
Read attachment ↗ex99_1.htm · 8-K · 2026-06-25
EX-99.1 2 ex99_1.htm PRESS RELEASE, DATED JUNE 25, 2026 IQST - IQSTEL Inc. Announces Shareholder Letter Unveiling 4x Net Income Growth Catalyst: Binding MOU with ULTRANET Expected to Transform Company Profitability While Digital Services Strategy Opens Path to High-Margin Revenue at Scale $4.5M in added net income, $9M combined Adjusted EBITDA, and a 23-million-user digital services addressable market - IQSTEL is no longer just a telecom company NEW YORK, NY - June 25, 2026 - IQSTEL Inc. (…
Read attachment ↗ex99_2.htm · 8-K · 2026-06-25
EX-99.2 3 ex99_2.htm LETTER TO SHAREHOLDERS DATED JUNE 25, 2026 IQSTEL Inc. | NASDAQ: IQST Letter to Shareholders June 25, 2026 Dear Fellow Shareholders, Today marks another defining milestone in IQSTEL’s journey toward becoming a leading global technology and telecommunications company. We are announcing the signing of a Binding Memorandum of Understanding to acquire a 51% controlling interest in ULTRANET Telecom Group - the largest transaction in IQSTEL’s history. Before describing th…
Read attachment ↗ex99_1.htm · 8-K · 2026-06-08
EX-99.1 2 ex99_1.htm PRESS RELEASE DATED JUNE 8, 2026 IQST - IQSTEL Launches Share Repurchase Program, Signaling Strong Confidence in the Company’s Intrinsic Value and Long-Term Growth Strategy Board Authorizes Repurchase of Up to 1,000,000 Shares as Management and Directors Take Action to Capitalize on What They Believe Is a Significant Disconnect Between Market Valuation and Business Fundamentals NEW YORK, NY - June 8, 2026 - IQSTEL Inc. (NASDAQ: IQST), a rapidly growing multinational te…
Read attachment ↗