IQSTEL Inc. (NASDAQ: IQST), a multinational telecommunications and technology company, has outlined an ambitious plan to reach $1 billion in revenue by 2027. This goal is supported by a series of strategic acquisitions and partnerships that have significantly expanded its operations across the telecom, fintech, and AI sectors. The company's growth strategy includes twelve acquisitions since 2018, such as SwissLink, Smartbiz Telecom, and Qxtel in telecommunications, ITS Blockchain and Global Money One in fintech, and Reality Border in AI, alongside the recent acquisition of Globetopper, a global B2B gift card concierge firm.
Partnerships are a cornerstone of IQSTEL's expansion, with the deployment of its AIRWEB AI agents to ONAR's account managers standing out as a key development. This collaboration not only validates IQSTEL's AI technology but also introduces high-margin revenue opportunities. Furthermore, the introduction of IQ2Call.ai, an AI-powered call center service, targets the vast global market estimated at $750 billion, showcasing the company's innovative approach to capturing new business avenues.
Financially, IQSTEL is exceeding expectations, with preliminary revenue for the first half of 2025 reported at $128.8 million, including $27.3 million in June alone. The company is on track to achieve a $400 million annualized revenue run rate by Q3 and remains confident in meeting its $340 million revenue forecast for 2025. The acquisition of Globetopper is expected to contribute an additional $5-6 million monthly starting July, further bolstering IQSTEL's financial position.
In addition to revenue growth, IQSTEL has made significant progress in improving its financial health by reducing its debt by $6.9 million, or approximately $2 per share, through conversions into common and Series D Preferred Shares. This strategic financial management has resulted in $0.92 million in interest savings, enhancing the company's cash flow and operational flexibility.
Litchfield Hills Research has recognized IQSTEL's potential, issuing a buy rating and an $18 per share price target. The research firm highlights the company's strong telecom operations, disciplined merger and acquisition strategy, and the leadership of CEO Leandro Iglesias as key factors driving its success. With its stock recently trading at just over $9 per share, IQSTEL presents a compelling investment opportunity, according to Litchfield.
As IQSTEL continues to execute its aggressive growth strategy, its diverse portfolio and financial achievements underscore its emerging prominence in the telecom, fintech, and AI industries. For more information, visit https://www.newmediawire.com.
