---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-25-000247"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T05:02:51.161076+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IQSTEL reports $128.8M H1 revenue, targets $400M run rate, cuts debt $2/share

## Summary
- 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.

## SEC filing metadata
- accession: 0001663577-25-000247
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2025-07-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000247/0001663577-25-000247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000247/iqst8k072125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-25-000247
- JSON: https://secwatch.observer/filing/0001663577-25-000247.json
- Plain text: https://secwatch.observer/filing/0001663577-25-000247.txt

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