secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0001663577-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL reports prelim 2024 net revenue $277M, up 91.6% YoY; Q4 record $96M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000005/0001663577-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000005/iqst8k111424.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000005

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