---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000468"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:00:36.116902+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iQSTEL reports $83M YTD revenue, beats forecast; signs $10M term sheet with LDA Capital for Nasdaq uplist

## Summary
- YTD revenue through August $83M (unaudited); July and August each over $13M, on pace to exceed $130M annual revenue, beating $120M forecast.
- Signed non-binding $10M term sheet with LDA Capital; first $5M via 24-month bond before uplisting to fund an acquisition.
- Second $5M tranche available after successful Nasdaq uplist; 30-day due diligence period begins.
- CEO considers increasing annual revenue forecast; positive operating income trend in SwissLink and QGlobal SMS.
- Launched AI-Enhanced Metaverse App V1.2; potential first two clients include a retail company and global bank.

## SEC filing metadata
- accession: 0001663577-23-000468
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000468/0001663577-23-000468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000468/iqst8k091323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000468
- JSON: https://secwatch.observer/filing/0001663577-23-000468.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000468.txt

## Key facts
- Earnings Releases
  iQSTEL Inc reported year-to-date (YTD) through the end of August results: revenue over $83 million. Guidance reaffirmed.
  - Period: year-to-date (YTD) through the end of August
  - Revenue: over $83 million
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: iQSTEL’s year-to-date (YTD) revenue through the end of August is over $83 million based on unaudited accounting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527702/000166357723000468/0001663577-23-000468-index.htm

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