IQSTEL reports 2024 revenue $283.2M, up 95.9% YoY; revenue per share $1.40

iQSTEL Inc

2025-Q1 EPS reported -$0.44 revenue$57,632,816

Revenue increased 95.9% to $283.2M from $144.5M in 2023; revenue per share $1.40.
Total assets surged 257% to $79.0M; stockholders' equity grew 48% to $11.9M.
Telecom division net income $1.7M, adjusted EBITDA $2.6M; consolidated adjusted EBITDA -$28.7K.
2025 revenue target $340M; potential Globetopper acquisition could push run rate to $400M.
QXTEL acquisition: $4.2M paid, $1.8M remaining; targeting $1M in annual cost savings.

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