IQSTEL reported $283 million in revenue for fiscal year 2024 and has reaffirmed that it remains on track to meet its $340 million 2025 forecast, driven by continued organic expansion across its Telecom, Fintech, Artificial Intelligence (AI), and Cybersecurity services.
Importantly, IQSTEL has built a strong track record of meeting or exceeding its financial forecasts, demonstrating consistent execution and disciplined management across its diversified operations.
The company also reiterated its strategic plan to acquire two to three accretive businesses as part of its roadmap to achieve $15 million in EBITDA by 2026, while maintaining a clear focus on profitable organic growth.
"Our forecast reflects the strength of our business platform and our ability to deliver consistent, organic growth while preparing for high-margin expansion," said Leandro Iglesias, CEO of IQSTEL. "We are building toward a balanced model of growth that combines innovation, efficiency, and scale, positioning IQSTEL for sustained profitability and long-term shareholder value."
The $430 million organic revenue forecast for 2026 marks another milestone in IQSTEL's transformation into a diversified, technology-driven corporation, operating across more than 20 countries and serving over 600 of the world's largest telecom operators.
Once the company completes any of its potential acquisition targets, IQSTEL plans to update the 2026 revenue forecast accordingly. The company continues accelerating its growth trajectory on the path to becoming a $1 billion revenue ...
