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Thursday, 05/12/2022 12:51:12 PM

Thursday, May 12, 2022 12:51:12 PM

Post# of 17485
IQST – iQSTEL On Track To $90M In 2022 Revenue And Up-Listing To Nasdaq

iQSTEL’s financial indicators continue to demonstrate positive trends. They remain on track to meet or exceed their $90 million revenue forecast, and positive net income objective.

They have recently announced the acquisition of Smartbiz and Whisl that are expected to add $11.6 Million revenue and $1.34 Million positive net income to their existing revenue and income. In both cases, they acquired them paying with a mix of cash, and IQST six month restricted common shares. The payment in restricted stock demonstrates the strength of iQSTEL’s stock.

https://www.globenewswire.com/news-release/2022/05/11/2441089/0/en/IQST-iQSTEL-On-Track-To-90M-In-2022-Revenue-And-Up-Listing-To-Nasdaq.html

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