$18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST

CORAL GABLES, Fla. - Amzeal -- IQST Delivers Diversified Business with Divisions Focused on Telecommunications, Fintech, Electric Vehicles, Artificial Intelligence and More.

IQST Has Organic Growth, Acquisitions and High-Margin Product Expansion.

New IQST Rebrand Program with Expansion into Fintech, AI and Cybersecurity to Address Challenges Across Multiple Industries.

Investment Firm Litchfield Hills Research Issues Recommendation and Detailed Report on IQSTEL (IQST) with $18 Price Target.

Closing of GlobeTopper Acquisition on July 1st, Forecasting $34M Revenue and Positive EBITDA for H2 2025.

$101.5 Million in Preliminary Net Revenue for Jan-May 2025, On Track with $340 Million Annual Forecast.

Based on Current Performance Trends and Pipeline Visibility, IQST Expects to Reach a $400 Million Annualized Revenue Run Rate by End of 2025.

IQST and CYCU Announce the Advancement of Their Strategic Partnership to Serve the Global Cybersecurity Market with AI-Powered Platform.

Global Cybersecurity Market is Expected to Surpass $500 Billion by 2030, Fueled by Rapid Digital Transformation, Cloud Adoption and Escalating Cyber Threats.

IQST Shareholders to Receive ASII Common Shares as a Dividend as Part of Nasdaq Uplisting Plan.

IQSTEL, Inc. (N A S D A Q: IQST) offers cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, IQST delivers high-value, high-margin services to its extensive global customer base. IQST projects $340 million in revenue for FY-2025, building on its strong business platform.

IQST has been building a strong business platform with its customers, selling them millions of dollars per month, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. IQST is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.

Respected Investment Firm Litchfield Hills Research Issues Recommendation and Detailed Report on IQSTEL (IQST) with $18 Price Target

On July 2^nd Litchfield Hills Research issued a buy recommendation with a very detailed, 19 page report on IQST titled: Unlocking Global Telecom Value Through Innovation, Relationships, and Acquisitions.  This new report Initiates Litchfield Hills Research Coverage of IQST with a Buy Rating and $18 price target. A downloadable PDF with the full report can be accessed on the Litchfield Hills Research website via this direct link: https://hillsresearch.com/wp-content/uploads/2025/07/LHR-IQST-intitiation-report.pdf.

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IQST Confirms Closing of GlobeTopper Acquisition, Forecasting $34M Revenue and Positive EBITDA for H2 2025

IQST has announced that the previously disclosed acquisition of 51% of GlobeTopper (GlobeTopper.com) is now officially closed and effective as of July 1, 2025.

This milestone marks a major acceleration of the IQST global fintech expansion strategy and positions the company to further solidify its path toward $1 billion in annual revenue by 2027.

With the transaction now finalized, GlobeTopper is a consolidated subsidiary of IQST and will begin contributing to IQST financial results starting in July 2025.

GlobeTopper is forecasting:

$34 million in revenue and $0.26 million in EBITDA for the second half of 2025

Starting with $5 million in revenue for July

Scaling up to over $6 million in December 2025

This forecast reflects only GlobeTopper's standalone performance. It does not yet include any additional upside from cross-selling or synergies with the IQST extensive commercial platform, which serves over 600 telecom operators globally.

As disclosed in IQSTEL's 8-K filed on May 30, the Unit Purchase Agreement outlines GlobeTopper's forecast standalone of $85 million in revenue and $0.62 million in EBITDA for FY-2026, reinforcing the strength of the underlying business model.

IQST Reports $101.5 Million in Preliminary Net Revenue for Jan-May 2025, On Track to Meet $340 Million Annual Forecast

On June 24^th IQST announced preliminary accounting revenue of $101.5 million for the period January through May 2025, reaffirming the company is on track to meet its full-year revenue forecast of $340 million.

Historically, the second half of the year outperforms the first, and IQST business momentum is now accelerating significantly. IQST reported $23.7 million in net revenue for May alone, with projections to reach $33 million in monthly net revenue by year-end—or earlier—driven by both organic growth and strategic integration. Based on current performance trends and pipeline visibility, IQST expects to reach a $400 million annualized revenue run rate by the end of 2025.

The IQST recent uplisting to N A S D A Q has been met with strong market interest, reflected in millions of dollars in daily trading volume. Management views this as a strong validation of IQSTEL's long-term value proposition.  The IQST vision to become a $1 billion revenue company by 2027 is becoming increasingly tangible.

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IQST - IQSTEL and Cycurion $CYCU Unveil Plans for AI-Powered Next-Generation Cybersecurity Platform, Targeting the Global Telecom Industry

On June 18th IQSTEL Inc. (N A S D A Q: IQST), a leading provider of high-tech telecommunications and technology solutions, and Cycurion Inc. (N A S D A Q: CYCU), an innovative cybersecurity company, are pleased to announce the advancement of their strategic partnership, originally signed a few months ago.

Cybersecurity for Telecom Carrier Infrastructure

$IQST and $CYCU are developing advanced cybersecurity solutions to protect critical telecom carrier operations, including: IQST and CYCU are launching "Cyber Shield," a white-label cybersecurity platform that major telecom carriers can offer to their own customers, including: This solution enables telecom operators to add high-margin cybersecurity services to their portfolio—strengthening customer retention and unlocking new revenue streams.

AI-Driven Operational Optimization for Cycurion. AI-Powered Next-Generation Cybersecurity Platform

$IQST and $CYCU are collaborating to develop an AI-Powered Next-Generation Cybersecurity Platform, with the initiative led by the IQST Intelligence Division—the company's dedicated unit for advanced AI research and development.

By combining CYCU deep cybersecurity expertise with IQST proprietary AI technologies, the companies aim to deliver a cutting-edge, proactive defense system built specifically for telecom operators and large-scale digital ecosystems. This initiative positions IQST and CYCU as global leaders in AI-enhanced telecom cybersecurity.

With a presence in more than 20 countries across 4 continents and established commercial relationships with over 600 telecom operators, IQST provides an ideal platform to deliver world-class cybersecurity solutions at global scale.

For more information on $IQST visit: www.IQSTEL.com

IQST Media Contact:
Company: IQSTEL, Inc. (N A S D A Q: IQST)
Contact: Leandro Jose Iglesias, President and CEO
Email: investors@iqstel.com
Phone: +1 954-951-8191
Country: United States
Website: www.IQSTEL.com

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