Setting the Stage for Explosive Growth with $1 Billion Revenue Target by 2027 iQSTEL Inc. (Stock Symbol: IGST)
iQSTEL Inc. (Stock Symbol: $IQST), a US-based multinational company, is making waves in the technology and telecommunications sectors with its ambitious growth strategy. With a projected $277 million in net revenue for 2024 and $340 million in 2025, iQSTEL is positioning itself as a major player in diverse, high-margin industries, including fintech, artificial intelligence (AI), and cybersecurity.
Key Milestones:
Record-Breaking Revenue: iQSTEL's Q4 2024 net revenue soared to $96 million, a staggering 77% increase over Q3's $52 million. The company achieved an impressive $277 million in preliminary 2024 net revenue, reflecting 91.6% year-over-year growth from 2023's $144.5 million.
Strong 2025 Revenue Forecast: With a $340 million revenue projection, iQSTEL continues to focus on organic growth, strategic acquisitions, and high-margin product expansion.
NASDAQ Uplisting on the Horizon: iQSTEL is actively progressing toward a NASDAQ listing. Notably, the company has committed to no reverse stock split until the uplisting process is complete, signaling a focus on shareholder value.
Diversified Growth Strategy
iQSTEL has rebranded as a dynamic holding company, expanding its focus from telecommunications to fintech, AI, and cybersecurity. This transformation aligns with the company's mission of addressing modern human needs, such as access to financial freedom, clean mobility, and advanced communications tools.
Business Divisions Driving Growth
Telecommunications Services: Offering VoIP, SMS, international fiber-optic connectivity, IoT solutions, and a proprietary mobile portability blockchain platform.
Fintech: Providing financial inclusivity through remittance services, top-up services, Mastercard debit cards, and US bank accounts.
Electric Vehicles (EV): Launching innovative mobility solutions, including electric motorcycles and a planned mid-speed car.
AI Services: Revolutionizing customer engagement with AI-driven unified platforms and a 3D virtual interface for seamless services and entertainment.
Cybersecurity: Partnering with Cycurion to deliver cutting-edge solutions like 24/7 monitoring, threat detection, and compliance management.
A Proven Record of Acquisitions and Expansion
Since 2018, iQSTEL has completed 11 acquisitions, with plans for more as part of its M&A campaign. These acquisitions enhance its product portfolio and drive synergistic growth among its subsidiaries, which collectively contributed over $300 million in gross revenue in 2024.
Innovation Meets Execution
iQSTEL's rebranding, guided by strategic marketing partner ONAR, is central to its transformation. The company aims to compete on the global stage with a revamped identity that highlights its adaptability and technological prowess.
Projected $1 Billion Revenue by 2027
Through a combination of organic growth, high-margin products, and strategic acquisitions, iQSTEL is well-positioned to achieve its ambitious goal of $1 billion in annual revenue by 2027.
Why Investors Should Pay Attention
With record-breaking revenues, a diversified business model, and bold expansion into emerging markets like AI and cybersecurity, iQSTEL is emerging as a strong contender in the tech and telecommunications industries. The company's forward-thinking strategies, commitment to shareholder value, and focus on addressing global challenges make it a compelling investment opportunity.
Investors and industry stakeholders alike will find iQSTEL's growth trajectory and diversified portfolio indicative of a transformative leader in the making.
For more information on IQST: https://www.iqstel.com/
Disclosure listed on the CorporateAds website
Media Contact
Company Name: IQSTEL Inc.
Contact Person: Leandro Jose Iglesias, President and CEO
Email: Send Email
Phone: +1 954-951-8191
Address: 300 Aragon Avenue Suite 375
City: Coral Gables
State: Florida 33134
Country: United States
Website: www.iQSTEL.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
26 minutes ago
- Winnipeg Free Press
Allianz Life confirms data breach affecting majority of 1.4M US customers
MINNEAPOLIS (AP) — Hackers gained access to personal data on the majority of the 1.4 million customers of Allianz Life Insurance Company of North America, the company confirmed Saturday. Minneapolis-based Allianz Life, a subsidiary of Munich, Germany-based Allianz SE, said the data breach happened on July 16 when a 'malicious threat actor' gained access to a third-party, cloud-based system used by the company. 'The threat actor was able to obtain personally identifiable data related to the majority of Allianz Life's customers, financial professionals, and select Allianz Life employees, using a social engineering technique,' Allianz Life said in a statement. 'We took immediate action to contain and mitigate the issue and notified the FBI.' The company said its own systems were not accessed, just the third-party's platform. Allianz Life said its investigation is ongoing and that the company has begun reaching out to the impacted individuals. It said the incident involves only Allianz Life in the U.S., not other Allianz corporate entities. In the case of data breaches, a 'social engineering technique' usually involves using trickery to gain access. Spokesman Brett Weinberg said he couldn't provide details because they are still investigating. Allianz Life also reported the breach to multiple other authorities, including the Maine Attorney General's Office. A filing on the agency's website said the company discovered the breach the day after it happened, and that it will be offering those affected 24 months of identity theft protection and credit monitoring. Allianz Life was known as North American Life and Casualty until it was acquired by German conglomerate Allianz SE in 1979 and changed its name to Allianz Life Insurance Company of North America. It has nearly 2,000 employees in U.S., with the majority working in Minnesota, according to its website. It is one of five North American subsidiaries of the Munich-based global financial services group Allianz SE, which says it serves more than 125 million customers worldwide.
Globe and Mail
an hour ago
- Globe and Mail
Could a Quantum Computing Bubble Be About to Pop? History Offers a Clear Answer
Key Points IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing have reached valuation levels well beyond those seen during prior stock market bubbles. Each of these companies has recently raised capital through a series of equity offerings and stock issuances. These moves could suggest that the valuation levels for these businesses are not only abnormally high, but unsustainable. These 10 stocks could mint the next wave of millionaires › Last summer, companies such as IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), and Quantum Computing (NASDAQ: QUBT) were unknown penny stocks. However, as quantum computing steadily made its way toward center stage in the artificial intelligence (AI) realm, each of these companies witnessed meteoric rises in their share prices. Over the last 12 months, IonQ stock has blasted higher by 517%, while Rigetti, D-Wave, and Quantum Computing have experienced surges of at least 1,500% as of this writing (July 21). With valuations reaching historically high levels, could investors be on the verge of witnessing a quantum computing bubble bursting? Is quantum computing in a bubble? The chart below illustrates valuation trends among popular quantum computing stocks on a price-to-sales (P/S) basis. IONQ PS Ratio data by YCharts. As I outlined in a prior article, the quantum computing stocks above are trading at far higher P/S multiples compared to levels seen during the dot-com and COVID-19 stock bubbles. For example, during the internet boom in the late 1990s, stocks such as Amazon, Cisco, and Microsoft experienced peak P/S ratios in the range of 30x and 40x. Taking this a step further, popular COVID stocks such as Zoom Communications and Peloton saw P/S multiples top out at 124x and 20x, respectively. The big theme here is that IonQ, Rigetti, D-Wave, and Quantum Computing are each trading for valuation multiples that could be seen as historically high, even when compared to prior bubble events. With that said, other AI companies that are also exploring quantum computing -- such as Nvidia, Amazon, Alphabet, and Microsoft -- currently trade for much more reasonable valuation multiples when compared to the companies in the chart above. For this reason, I do not think the entire quantum computing landscape is at risk of experiencing a bubble-bursting event. However, IonQ and its peers have been dropping some breadcrumbs in recent months that lead me to think the smaller quantum computing players could be on the verge of a harsh sell-off. What's going on under the hood with quantum computing stocks? After some digging into certain filings with the Securities and Exchange Commission (SEC), I think IonQ, Rigetti, D-Wave, and Quantum Computing may be trying to signal some important things to investors: In February, IonQ announced that it planned to raise up to $500 million through a series of stock issuances. The company doubled down on its capital-raising ambitions more recently, offering 14,165,708 shares at a price of $55.49 -- raising nearly $1 billion in the process. In June, Rigetti raised $350 million in capital after completing an at-the-market (ATM) equity offering. Between June 11 and June 27, D-Wave Quantum raised $400 million through an ATM offering. Of note: This followed a prior raise of $150 million that occurred in January. In late June, Quantum Computing raised $200 million following the issuance of 14 million shares at an average price of $14.25. What's really going on here? With each of these quantum computing stocks trading near all-time highs, it appears to me that management is looking to take advantage of frothy market conditions. IONQ data by YCharts. Quantum computing is a research-heavy, capital-intensive industry. Management at IonQ and its peers surely understand this, and so I see these capital raises as a calculated move to capitalize on inflated, overstretched valuations. Should you invest in quantum computing stocks? To me, any hint of a bubble surrounding IonQ and its smaller peers may already be in the process of bursting. Under the surface, the various stock issuances and equity offerings annotated above could suggest that management does not believe current price levels are sustainable. By using the dot-com and COVID bubbles as benchmarks, history would suggest that a major correction could be on the horizon for these small quantum computing stocks. Issuing stock to raise funds is not sustainable in the long run. Furthermore, consistently diluting shareholders through these offerings could call into question how these companies are allocating capital. In my eyes, if investors are seeking exposure to the quantum computing industry, they are best off exploring more diversified opportunities in big tech as opposed to the smaller, more speculative players analyzed in this piece. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,041%* — a market-crushing outperformance compared to 183% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 21, 2025
Vancouver Sun
an hour ago
- Vancouver Sun
Tea app promising safe dating for women hacked, putting users' privacy at risk
Tea, a provocative dating app designed to let women anonymously ask or warn each other about men they'd encountered, rocketed to the top spot on the U.S. Apple App Store this week. On Friday, the company behind the app confirmed it had been hacked: Thousands of images, including selfies, were leaked online. 'We have engaged third-party cybersecurity experts and are working around the clock to secure our systems,' San Francisco-based Tea Dating Advice Inc. said in a statement. The app and the breach highlight the fraught nature of seeking romance in the age of social media. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Here's what to know: Tea was meant to help women date safely Tea founder Sean Cook, a software engineer who previously worked at Salesforce and Shutterfly, says on the app's website that he founded the company in 2022 after witnessing his own mother's 'terrifying' experiences. Cook said they included unknowingly dating men with criminal records and being 'catfished' — deceived by men using false identities. Tea markets itself as a safe way for women to anonymously vet men they might meet on dating apps such as Tinder or Bumble — ensuring that the men are who they say they are, not criminals and not already married or in a relationship. It's been compared to the Yelp of dating. In an Apple Store review, one woman wrote that she used a Tea search to investigate a man she'd begun talking to and discovered 'over 20 red flags, including serious allegations like assault and recording women without their consent.' She said she cut off communication. 'I can't imagine how things could've gone had I not known,' she wrote. A surge in social media attention over the past week pushed Tea to the No. 1 spot at the U.S. Apple Store as of July 24, according to Sensor Tower, a research firm. In the seven days from July 17-23, Tea downloads shot up 525 per cent compared to the week before. Tea said in an Instagram post that it had reached four million users. Tea has been criticized for invading men's privacy A female columnist for The Times of London newspaper, who signed into the app, on Thursday called Tea a 'man-shaming site' and complained that 'this is simply vigilante justice, entirely reliant on the scruples of anonymous women. With Tea on the scene, what man would ever dare date a woman again?' 'Over the last couple of weeks, we've gotten hundreds of calls on it. It's blown up,' attorney Minc said. 'People are upset. They're getting named. They're getting shamed.' In 1996, Congress passed legislation protecting websites and apps from liability for things posted by their users. But the users can be sued for spreading 'false and defamatory' information, Minc said. In May, however, a federal judge in Illinois threw out an invasion-of-privacy lawsuit by a man who'd been criticized by women in the Facebook chat group 'Are We Dating the Same Guy,″ Bloomberg Law reported. State privacy laws could offer another avenue for bringing legal action against someone who posted your photograph or other personal information in a harmful way, Minc said. The breach exposed thousands of selfies and photo IDs In its statement, Tea reported that about 72,000 images were leaked online, including 13,000 images of selfies or photo identification that users submitted during account verification. Another 59,000 images that were publicly viewable in the app from posts, comments and direct messages were also accessed, according to the company's statement. No email addresses or phone numbers were exposed, the company said, and the breach only affects users who signed up before February 2024. 'At this time, there is no evidence to suggest that additional user data was affected. Protecting tea users' privacy and data is our highest priority,' Tea said. It said users did not need to change their passwords or delete their accounts. 'All data has been secured.' Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
