---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-24-000075"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T03:45:01.197303+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iQSTEL reports $33M YTD revenue (Feb 2024); sets April 1 target to close QXTEL acquisition

## Summary
- YTD revenue through Feb 2024 reached $33M (preliminary, unaudited); gross margin trending up per forecast.
- Target date to close QXTEL acquisition set for April 1, 2024; acquisition was announced Jan 22, 2024.
- Post-acquisition, iQSTEL expects to be a 'quarter of a billion dollar annual revenue company' (~$250M).
- Cross-selling and operational synergies already begun between iQSTEL and QXTEL ahead of closing.
- Management hints at ongoing M&A campaign and plans for Nasdaq up-listing after closing.

## SEC filing metadata
- accession: 0001663577-24-000075
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: earnings
- 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/1527702/000166357724000075/0001663577-24-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000075/iqst8k030524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-24-000075
- JSON: https://secwatch.observer/filing/0001663577-24-000075.json
- Plain text: https://secwatch.observer/filing/0001663577-24-000075.txt

## Key facts
- Earnings Releases
  iQSTEL Inc reported YTD through the end of February 2024 results: revenue $33 million.
  - Period: YTD through the end of February 2024
  - Revenue: $33 million
  - Result: preliminary results
  source text: the company’s YTD revenue through the end of February 2024, based on preliminary accounting, reached $33 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000075/0001663577-24-000075-index.htm

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