---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000027"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:45:18.758717+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iQSTEL forecasts $105M 2023 revenue, over $1M net income, and Nasdaq up-listing plans

## Summary
- 2022 revenue estimated at $93M, up 47% from $63M in 2021; profitability reached Q3-2022.
- 2023 revenue forecast of $105M and year-end positive net income exceeding $1M.
- Plans to up-list to Nasdaq once market conditions improve; dual listing efforts continue.
- EV division to rebrand and manufacture two motorcycle batches for EU and USA in 2023.
- New Fintech product with more features to be released; crypto buy/sell plan discontinued.

## SEC filing metadata
- accession: 0001663577-23-000027
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000027/0001663577-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000027/iqst8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000027
- JSON: https://secwatch.observer/filing/0001663577-23-000027.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000027.txt

## Key facts
- Earnings Releases
  iQSTEL Inc reported FY-2022 results: revenue $93 Million.
  - Period: FY-2022
  - Revenue: $93 Million
  - Result: preliminary results
  source text: Revenue estimation for FY-2022 is $93 Million vs $90 Million forecasted, a 47% increase over $63 Million revenue FY-2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000027/0001663577-23-000027-index.htm
- Earnings Releases
  iQSTEL Inc reported FY-2023 results: revenue $105 Million, net income over $1 million. Guidance initiated.
  - Period: FY-2023
  - Revenue: $105 Million
  - Net income: over $1 million
  - Guidance: initiated
  - Result: guidance update
  source text: Estimated FY-2023 revenue forecast of $105 Million. Estimated FY-2023 year-end consolidated positive net income of over $1 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000027/0001663577-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.