$1B Target by 2027 Amid eSIM, Global Roaming Expansion; $57.6M Q1 Revenue and Market Uplisting, Advancing Toward IQSTEL, Inc. (Stock Symbol: IQST)

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

$340 Million Revenue Forecast for 2025.

Organic Growth, Acquisitions and High-Margin Product Expansion.

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

Completed 11 Acquisitions Since 2018 and Actively Pursuing More.

Accelerating Rollout of Cutting-Edge eSIM and Roaming Connectivity Services.

$57.6M Q1 Revenue Reaffirms Path to $1 Billion by 2027 as Global Tech Evolution Accelerates.

$11.6 Million in Stockholders' Equity or $4.38 Per Common Share.

Successful Uplisting on May 14, 2025 With No Capital Raise or Shareholder Dilution.

MOU to Acquire Majority Stake in Fintech Leader GlobeTopper, Driving Fintech Expansion and Strengthening Revenue Outlook.

MOU for Strategic Sale of BChain Subsidiary to Accredited Solutions, Inc. $ASII.

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

iQSTEL, Inc. (Stock Symbol: 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.

IQST Reports $57.6M Q1 Revenue in First Major Market Shareholder Letter, Reaffirms Path to $1 Billion by 2027 as Global Tech Evolution Accelerates

On May 15^th IQST released its Q1 2025 Shareholder Letter—its first since being uplisted to the Capital Market. In the letter, CEO Leandro Iglesias detailed the company's performance, strategic vision, and transformation into a high-tech multinational on course to reach $1 billion in annual revenue by 2027.

On May 14^th IQST began trading on the Capital Market following seven years of consistent performance and growth on the OTC Markets. This uplisting places $IQST on a global stage with enhanced credibility, visibility, and access to institutional capital.

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Over the past seven years, IQST has consistently delivered on every major commitment to shareholders including:

Sustained Revenue Growth: From $13.8 million in 2018 to $283 million in 2024, consistently meeting or exceeding annual forecasts.

Robust Corporate Governance: Fully established Audit, Compensation, and Ethics Committees; an independent Board of Directors; and annual shareholder meetings supporting transparency and accountability.

IQST Uplisting from Pink to QB to OTCQX, culminating in a Big Board Stock listing in 2025—with no capital raise or shareholder dilution.

Enhanced Shareholder Value: Revenue Per Share now exceeds $100, reflecting disciplined growth and execution.

Equity Growth: IQST net stockholders' equity improved from ($1.6 million) or -$0.11 per share in 2018 to $11.6 million or $4.38 per common share as of March 31, 2025—a powerful indicator of the value we've created over time.

Q1 2025: Financial Highlights Reflect a Solid Foundation:

Revenue: $57.6 million (up 12% YoY from $51.4M)

Gross Profit: $1.93 million (up 40% YoY)

Gross Margin: 3.36% (up 2.68% YOY)

Adjusted EBITDA (Telecom Division): $0.59 million

Net Income (Telecom Division): $0.25 million

Stockholders' Equity: $11.6 million or $4.38 per common share

Subsidiary Synergies: $13.4 million revenue between Company subsidiaries

QXTEL Contribution: 37% of revenue, leading in Europe, Middle East & Caribbean

Q4 2024 Revenue Reference: $98.9M, highlighting strong momentum

In 2024, IQST also achieved nearly $100 million in organic growth—a testament to customer trust.

IQST business has now reached critical mass in terms of infrastructure, scale, and market presence. With over 100 employees operating across more than 20 countries, and 600+ business relationships involving direct network interconnections, IQST has built a platform that is both robust and difficult to replicate.

This unique foundation positions IQST to introduce and scale high-margin, high-tech services including:

High Tech Telecom Solutions: eSIM, roaming, and cloud numbering

Fintech Services: digital payments and mobile banking

AI Telecom Services: automation, customer support, lead generation

Cybersecurity Services: enterprise-grade telecom infrastructure protection

The IQST 2025 roadmap is focused on profitable growth, operational scale, and long-term value creation:

FY-2025 Targets Revenue: $340 million: Adjusted EBITDA (Operating Subsidiaries): $3 million+Net Income (Operating Subsidiaries): 7-digitRevenue Run Rate Mix Goal: 80% Telecom / 20% TechYear-End Run Rate: $400 million, with 20% from tech services

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Strategic Acquisitions: Actively pursuing acquisitions in telecom, fintech, and cybersecurity. Focused on targets that contribute positive EBITDA and align with our long-term strategic vision

With its successful uplisting to the NASDAQ Capital Market, IQST has entered a new era—one that is expected to accelerate growth, elevate valuation, and unlock new channels for long-term value creation. Here's what IQST shareholders and investors can anticipate:

IQSTEL Powers Forward: From Global Telecom to High-Tech Innovator with QXTEL Leading New eSIM Rollout

On May 13^th IQST announced a bold step forward in its transformation into a high-tech, high-margin global technology corporation. With its international flagship subsidiary QXTEL at the helm, IQST is accelerating the rollout of cutting-edge eSIM and Roaming Connectivity Services, marking the start of a powerful new chapter in the company's evolution.

This transformation began taking shape last week at the International Telecoms Week (ITW 2025) event in Washington, D.C., where QXTEL introduced innovative eSIM & Roaming Connectivity platform solutions in a series of high-level strategic meetings. The response was strong, reaffirming the IQST position as a trusted global player ready to deliver next-generation mobility solutions.

This fully integrated, white-label eSIM and roaming connectivity platform developed by QXTEL's strategic partnership, provides a complete MVNO solution, featuring:

Ownership of IQST IMSI and full network infrastructure.

A comprehensive white-label eSIM & Roaming Connectivity solution that allows MNOs and enterprises to launch their own eSIM/roaming products—quickly, seamlessly, and under their own brand with their own customized commercial modelling.

The ability to negotiate data roaming agreements with 40+ mobile operators, unlocking cost reductions and increased margins.

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

IQST Media Contact:
Company: iQSTEL, Inc. (Stock Symbol: 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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