secwatch.observer — SEC 8-K summary ====================================== Issuer: iQSTEL Inc (IQST) CIK: 0001527702 Form: 8-K Filed at: 2025-05-15T23:59:59+00:00 Accession: 0001663577-25-000151 Event type: earnings Sentiment: positive Materiality: 0.65 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 IQSTEL reports Q1 revenue $57.6M (+12% YoY), reaffirms FY2025 $340M target -------------------------------------------------------------------------- - Revenue $57.6M (+12% YoY); gross profit $1.93M (+40% YoY), gross margin 3.36% (up from 2.68%). - Telecom Division adjusted EBITDA $0.59M, net income $0.25M; stockholders' equity $11.6M ($4.38/share). - QXTEL contributed 37% of revenue; FY2025 targets: revenue $340M, adj. EBITDA $3M+, net income 7-digit. - Strategic goal: $400M run rate by year-end with 20% from tech services; NASDAQ uplisted May 14, 2025. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000151/0001663577-25-000151-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000151/iqst8k051525.htm HTML page: https://secwatch.observer/filing/0001663577-25-000151 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer