iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational publicly listed company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: Telecommunications, Fintech, Electric Vehicles and Metaverse.
Company profile
Ticker
IQST
Exchange
Website
CEO
Leandro Iglesia
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
B-MAVEN, INC., PURE SNAX INTERNATIONAL, INC., PURESNAX INTERNATIONAL, INC.
SEC CIK
IQST stock data
Latest filings (excl ownership)
8-K
IQST – iQSTEL Finalizes and Closes QXTEL Acquisition Taking Forecasted Annual Revenue to Quarter of a Billion and One Step Closer to Nasdaq
12 Apr 24
S-1/A
IPO registration (amended)
12 Apr 24
8-K
IQST – iQSTEL Announces Record Breaking Revenue and Gross Margin Reaching $46M YTD Revenue Before End of Q1
2 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
IQST – iQSTEL Announces $33 Million YTD Revenue and April 1st Target Date to Close QXTEL Acquisition Taking Revenue to Quarter of Billion Annually
5 Mar 24
8-K
Entry into a Material Definitive Agreement
4 Mar 24
S-1
IPO registration
13 Feb 24
8-K
Entry into a Material Definitive Agreement
13 Feb 24
8-K/A
Independent Auditor’s Report
8 Feb 24
8-K
IQST – iQSTEL Books $17 Million In Revenue For Month Of January 2024
6 Feb 24
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.00 mm | 2.00 mm | 2.00 mm | 2.00 mm | 2.00 mm | 2.00 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 465.20 k | (no burn) | 59.24 k |
Cash used (since last report) | n/a | n/a | n/a | 3.19 mm | n/a | 405.68 k |
Cash remaining | n/a | n/a | n/a | -1.18 mm | n/a | 1.60 mm |
Runway (months of cash) | n/a | n/a | n/a | -2.5 | n/a | 26.9 |
Institutional ownership, Q1 2021
1.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 463.00 k |
Total shares | 2.32 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Alpha Capital Anstalt | 2.32 mm | $463.00 k |
Press releases
IQST - iQSTEL Announces GSMA Membership Enhancing Growth Beyond $250 Million in Annualized Revenue
18 Apr 24
IQST - iQSTEL Q1 Record Breaking Revenue Exceeds $50M Not Including Recent Acquisition
11 Apr 24
IQST - iQSTEL Finalizes and Closes QXTEL Acquisition Taking Forecasted Annual Revenue to Quarter of a Billion and One Step Closer to Nasdaq
4 Apr 24
IQST - iQSTEL Finalizes and Closes QXTEL Acquisition Taking Forecasted Annual Revenue to Quarter of a Billion and One Step Closer to Nasdaq
4 Apr 24
IQST - iQSTEL Announces 55% Annual Revenue Growth to Over $144 Million
1 Apr 24