---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-25-000031"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:06:23.322635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iQSTEL's 2025 shareholder letter: FY2024 revenue $277M, 2025 forecast $340M revenue, $3M EBITDA

## Summary
- FY2024 preliminary revenue $277M; QXTEL contributed $85M net revenue Apr-Dec 2024.
- Revenue per share rose from $0.839 (2023) to $1.364 (2024 preliminary).
- 2025 guidance: $340M revenue, $3M EBITDA for operating business.
- M&A campaign targets company with >$1M EBITDA; S-1 registration filed.
- Convertible notes maturity extended to 2026; management holds 40.5M shares.

## SEC filing metadata
- accession: 0001663577-25-000031
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000031/0001663577-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000031/iqst8k012125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-25-000031
- JSON: https://secwatch.observer/filing/0001663577-25-000031.json
- Plain text: https://secwatch.observer/filing/0001663577-25-000031.txt

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