{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-25-000181","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.622127+00:00","generated_at":"2026-05-20T01:30:41.767687+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IQSTEL closes GlobeTopper 51% acquisition; Q1 rev $57.6M, net income $0.25M","bullets":["Q1 2025 revenue $57.6M (+12% YoY); gross profit $1.93M (+40% YoY); gross margin 3.36% vs 2.68%.","Closed acquisition of 51% of fintech GlobeTopper on May 29, 2025; Craig Span stays as CEO.","Signed MOU to sell ItsBchain to ASII; $500K worth of ASII shares to be distributed to IQST shareholders.","FY 2025 revenue forecast $340M; year-end run rate target $400M; on track for $1B by 2027.","Plans up to $1.2M investment over 2 years to scale GlobeTopper's tech, market expansion, and cross-selling."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-25-000181","json":"https://secwatch.observer/filing/0001663577-25-000181.json","markdown":"https://secwatch.observer/filing/0001663577-25-000181.md","text":"https://secwatch.observer/filing/0001663577-25-000181.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357725000181/0001663577-25-000181-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357725000181/iqst8k060325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:30:41.767687+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}