other_material
confidence high
sentiment positive
materiality 0.80
IQSTEL reports $128.8M H1 revenue, targets $400M run rate, cuts debt $2/share
iQSTEL Inc
- H1 2025 preliminary revenue $128.8M; June alone $27.3M, signaling accelerating momentum.
- Expects to exceed $400M revenue run rate in Q3, ahead of original year-end target.
- Completed acquisition of Globetopper on July 1, adding $60-70M annual revenue with positive EBITDA.
- Reduced debt by $6.9M, converting to equity and eliminating ~$2 of debt per share.
- Launched AI call center platform IQ2Call.ai; Hills Research initiated coverage with $18-$22 PT.
item 2.01item 2.02item 9.01