---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-25-000126"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:08:08.940375+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IQSTEL reports 2024 revenue $283M, up 96% YoY; plans Nasdaq direct listing; sells ItsBchain

## Summary
- 2024 revenue $283.2M (95.9% YoY increase); total assets $79M (+257%); stockholders' equity $11.9M (+48%).
- Preliminary Q1 2025 net revenue $57.6M (+12% YoY); gross profit $1.93M (+40%); gross margin 3.36%.
- Forecasts $340M revenue in 2025, targeting $1B by 2027; projects Nasdaq direct listing (no capital raise).
- MOU to sell ItsBchain subsidiary to Accredited Solutions (ASII); $500K in ASII shares to IQSTEL shareholders.
- Outstanding shares ~2.6 million (lean float); only one lender with convertible notes maturing 2026.

## SEC filing metadata
- accession: 0001663577-25-000126
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2025-05-08T23:59:59+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/1527702/000166357725000126/0001663577-25-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000126/iqst8k050825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-25-000126
- JSON: https://secwatch.observer/filing/0001663577-25-000126.json
- Plain text: https://secwatch.observer/filing/0001663577-25-000126.txt

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