secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001663577-24-000097
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL reports FY2023 revenue $144.5M (+55% YoY); positive net income trend; Q1 2024 YTD $46M
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- FY2023 revenue $144.5M, +55% YoY; gross profit $4.7M (+161%); total assets $22.2M (+77%).
- Positive operating income ($184K in Q4) and net income in last two quarters of FY2023.
- Q1 2024 YTD revenue through Mar 17 surpassed $46M, a new quarterly record with two weeks remaining.
- QXTEL acquisition closed April 1, 2024; FY2024 goal of $500K operating income per quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357724000097/0001663577-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357724000097/iqst8k032124.htm
  HTML page:      https://secwatch.observer/filing/0001663577-24-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer