$IQST ~ IQSTEL Reports Preliminary $317 Million Revenue ~$IQST ~ IQSTEL Reports Preliminary $317 Million Revenue for FY-2025 and Highlights Strategic Path Toward EBITDA Expansion
https://finance.yahoo.com/news/iqst-iqstel-reports-preliminary-317-120000965.html
NEW YORK, March 9, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a global telecommunications and technology company, today announced preliminary revenue of approximately $317 million for fiscal year 2025, continuing the company's strong multi-year growth trajectory.
The company currently operates at approximately a $400 million annual revenue run rate (80% Telecom, 20% Fintech), positioning IQSTEL at the beginning of what management describes as its profit inflection phase, where operational scale begins to translate into accelerated EBITDA growth.
"Our focus now is transitioning from building revenue scale to expanding profitability," said Leandro Iglesias, Chairman and CEO of IQSTEL. "After years of building our global telecom business platform, we are entering the phase where operating leverage, acquisitions, and higher-margin technology services begin to significantly impact EBITDA."
Global Business Platform Built Over 17 Years
Over more than 17 years of operations, IQSTEL has built a global telecommunications and technology distribution platform connecting more than 600 telecom operators across more than 20 countries.
This infrastructure includes routing systems, billing integrations, telecom credit relationships, settlement history, regulatory compliance, and multi-country operational capabilities that allow IQSTEL to operate across multiple jurisdictions.
Because IQSTEL is embedded within telecom operator infrastructure and billing systems, the platform indirectly serves approximately 2.7 billion end customers worldwide through its operator partners.
Major telecom operators around the world have conducted business with IQSTEL. We invite readers to visit www.iqstel.com to see a selection of companies that have worked with the Company.
Beyond connectivity, this business platform enables IQSTEL to cross-sell higher-margin technology solutions into an already monetized global network, leveraging long-standing relationships with telecom operators that already trust the company with millions of dollars in annual business.
Transitioning From Revenue Scale to EBITDA Acceleration
Having already achieved significant revenue scale, IQSTEL is now entering the next phase of its growth strategy focused on profitability expansion in 2026.
This transition is expected to be driven by:
Operating leverage as revenue scales toward $500M–$600M
Consolidation of minority ownership in key subsidiaries
EBITDA-accretive acquisitions
Expansion of higher-margin AI and cybersecurity services
The company currently reports an Adjusted EBITDA run rate of approximately $2.7 million and expects EBITDA to increase through both organic growth and consolidation initiatives.
Management projects EBITDA run rate could reach $9–$15 million as revenue scales toward $500M–$600M in 2026, representing the company's expected financial inflection point.
Potential Valuation Expansion Driven by EBITDA Growth
Companies operating in IQSTEL's sector typically trade between 10x and 20x EBITDA. Based on these market benchmarks, the company believes its planned EBITDA expansion could significantly increase the implied valuation of the business.
Under this framework:
At approximately $4 million operating EBITDA run rate, expected after completing the consolidation of minority interests in key subsidiaries (anticipated in Q2 2026), the implied valuation range could be $40 million to $80 million.
At approximately $9 million operating EBITDA run rate, expected after completing the Company's first strategic acquisition (anticipated in Q3 2026), the implied valuation range could increase to $90 million to $180 million.
At approximately $15 million operating EBITDA run rate, expected after completing the second strategic acquisition currently under evaluation (anticipated in Q4 2026), the implied valuation range could potentially reach $150 million to $300 million.
Management believes that as IQSTEL executes its operational plan and the market recognizes the company's earnings expansion, the company could experience a valuation re-rating consistent with industry multiples.
Strategic Growth Through Acquisitions and Technology Expansion
IQSTEL plans to pursue two targeted acquisitions in 2026, designed to accelerate the company's growth beyond $500 million in revenue while expanding its geographic footprint and technology capabilities.
In parallel, IQSTEL is expanding into AI-enabled telecom solutions and cybersecurity services (IQSTEL AI & Digital Business Division), leveraging its existing telecom customer relationships to introduce higher-margin technology products into an already established global distribution network.
These initiatives (IQSTEL AI & Digital) are expected to generate seven-digit annual revenue by 2027, improving the company's margin profile and earnings quality.
Strong Financial Structure
IQSTEL maintains a clean capital structure, including:
No convertible debt
No warrants outstanding
Approximately 4.9 million shares outstanding
$12.23 in assets per share
$4.66 in stockholders' equity per share
The company is listed on the NASDAQ Capital Market and continues to focus on strengthening institutional ownership and liquidity.
Additional Information
For additional details regarding the company's strategy, financial framework, and growth roadmap, investors are encouraged to review the IQSTEL Expanded Investor Deck, which was filed with the U.S. Securities and Exchange Commission as an 8-K on March 6, 2026.
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a Global Connectivity, AI, and Digital Corporation providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. Backed by a strong and scalable business platform, the company is reporting preliminary $317 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027.