other material
confidence medium
sentiment positive
materiality 0.65
iQSTEL forecasts $290M FY2024 revenue, NASDAQ uplisting target Jan 1, 2025, $1B sales by 2027
iQSTEL Inc
- FY2023 revenue $144.5M, FY2024 forecast $290M; 33% CAGR over 5 years.
- EBITDA -$315K in FY2023; cash $1.36M, total assets $22.16M.
- 11 acquisitions completed, 1 pending; plans to consolidate subsidiaries.
- Targeting NASDAQ uplisting by Jan 1, 2025, with $10.5M raise.
- Long-term goal: $1B annual sales by 2027 ($500M organic, $250M M&A, $250M synergies).