secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001663577-25-000351
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IQSTEL Q3 2025 revenue $102.8M (+42% QoQ); targets $1B revenue by 2027
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- Q3 2025 revenue $102.8M (+42% QoQ); 9-month $232.6M (+26% YoY); on track for FY 2025 $340M.
- Adjusted EBITDA Q3 2025 $683K; run rate $2.73M; targeting $15M run rate by 2026.
- No dilutive debt, no convertible notes, no warrants; shares outstanding 3.83M; equity $17.8M.
- Two strategic acquisitions (Africa, digital services) with non-binding MOUs signed; final negotiations.
- Targeting $1B revenue run rate by 2027; Litchfield Hills Research price target $18 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000351/0001663577-25-000351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000351/iqst8k121125.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000351

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer