secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001663577-25-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000094/0001663577-25-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000094/iqst8k033125.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000094

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