iQSTEL Inc (IQST)

[shanak10]

iQSTEL Inc.s Market Cap Is Overlooking Two Important Things - Its Record Revenues And Seven Subsidiary Companies
7:14 AM ET 1/21/21 | Dow Jones
Miami Beach, Florida--(Newsfile Corp. - January 21, 2021) - iQSTEL (OTC: IQST) is proof that markets can miss the mark when valuing emerging companies. In fact, with a current valuation of roughly $22 million, iQSTEL's most recent stock price of $0.24 may expose a massive disconnect that undervalues the extraordinary growth taking place at the company. Its IP assets, client agreements, subsidiary interests, and surging revenue fully support that thesis.

For those not already following this cloud-based services company, iQSTEL published preliminary revenues that increased by 148% on a year-over-year basis. Moreover, that triple-digit percentage surge comes as the company posted its third consecutive month of reaching $5 million or more in revenues, with record-setting performances supporting guidance for 2021 revenues to reach $60 million. Notably, the growth rate is quickening, with December 2020 revenues reaching $5.1 million, a more than 168% jump compared to the same period in 2019.

And with an extremely experienced management team leading its charge, the company set its 2021 agenda to penetrate multiple market opportunities and substantially build shareholder value in the new year. Its financial performance, combined with the proven ability to reach milestones, fuels that optimism.