{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-23-000360","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2023-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.203422+00:00","generated_at":"2026-06-13T06:22:03.119370+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"iQSTEL raises FY2023 revenue forecast to $120M; Q2 revenue $32.5M (+32% QoQ)","bullets":["Annual revenue forecast increased from $105M to $120M after record monthly sales above $11M in April and May.","Q2 preliminary revenue of $32.5M vs Q1 $24.6M, a 32% sequential increase; H1 revenue $57.2M.","Consolidating telecom subsidiaries Etelix and SwissLink under SwissLink brand, expected to improve bottom line by $500K starting Q3.","Q1 2023 net loss $158.8K on revenue $24.7M; operating loss $317.5K; cash from ops $197K.","CEO states company on pace to exceed $120M annual forecast and expects 2023 to be best year since 2018 launch."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-23-000360","json":"https://secwatch.observer/filing/0001663577-23-000360.json","markdown":"https://secwatch.observer/filing/0001663577-23-000360.md","text":"https://secwatch.observer/filing/0001663577-23-000360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357723000360/0001663577-23-000360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357723000360/iqst8k071923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:22:03.119370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"32e824075263b37326e8104c4f149bd20ec2c1f8","claim":"iQSTEL Inc reported FY-2023 results: revenue $120 million. Guidance raised.","evidence_excerpt":"iQSTEL Inc. (OTCQX: IQST ) today announced increasing its annual revenue forecast from $105 million to $120 million after reaching a record high level of sales for one month in April and then breaking that record in May.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527702/000166357723000360/0001663577-23-000360-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY-2023"},{"label":"Revenue","value":"$120 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ea9e34996ef6b210431411a725cc967f3a080d3c","claim":"iQSTEL Inc reported Q2-2023 results: revenue $32.5 million. Guidance reaffirmed.","evidence_excerpt":"iQSTEL Inc. (OTCQX: IQST), today announced revenue for Q2-2023 exceeded expectations. Based on preliminary accounting, iQSTEL achieved $32.5 million in revenue in Q2 compared to $24.6 million in revenue for Q1, an increase of 32% quarter to quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527702/000166357723000360/0001663577-23-000360-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2-2023"},{"label":"Revenue","value":"$32.5 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}