earnings
confidence high
sentiment positive
materiality 0.75
iQSTEL reports prelim 2024 net revenue $277M, up 91.6% YoY; Q4 record $96M
iQSTEL Inc
2024-FY EPS reported
-$0.04
revenue$283,220,442
- Preliminary 2024 net revenue $277M; YoY growth of 91.6% vs $144.5M in 2023.
- Q4 2024 net revenue $96M, a record high, up 77% from Q3 2024's $52M.
- Company targeting $1B revenue by 2027; Nasdaq uplisting in final stages, equity exceeds $5M minimum.
- Telecom Division achieved Q3 profit of $548K; consolidation expected to save $2M annually.
- FY 2025 revenue forecast set at $340M; new products in AI, cybersecurity launching Q1 2025.