---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-24-000244"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T06:58:48.339454+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# iQSTEL forecasts $290M FY2024 revenue, NASDAQ uplisting target Jan 1, 2025, $1B sales by 2027

## Summary
- 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).

## SEC filing metadata
- accession: 0001663577-24-000244
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000244/0001663577-24-000244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000244/iqst8k082924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-24-000244
- JSON: https://secwatch.observer/filing/0001663577-24-000244.json
- Plain text: https://secwatch.observer/filing/0001663577-24-000244.txt

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