other material
confidence high
sentiment positive
materiality 0.60
iQSTEL targets $340M revenue in 2025, $1B by 2027; QXTEL contributed $85M in 2024
iQSTEL Inc
- QXTEL generated $85M net revenue and $950K EBITDA in 2024, per shareholder presentation.
- Management targets $340M revenue and $3M EBITDA from operating business by 2025.
- Goal of $1B revenue with eight-digit positive EBITDA by 2027, focusing on SMS, AI, fintech, and cybersecurity.
- Nasdaq uplisting plan includes engaging an investment bank and completing a new M&A prior to listing.
- Management holds equivalent of 40.5M common shares; directors elected and auditor ratified at annual meeting.