iQSTEL Inc (IQST)

[dh_]

What is amazing to me is that you can make a case that SmartBiz and Whisl alone, in some calculations, could justify the current share price, or something close to it.

If you use $90 m revenue then CAGR over the last year, and over the last two years, is right about 40%. That could justify a 40 PE.

If iQSTEL's projection of $1.34 m of net income is accurate then that implies net income of .009 on current shares of 149,357,358. At a 40 P/E that implies a share price of $.36

If you are of a mind that iQSTEL will see $100 m revenue this year you could make a case for a 50 PE. Is it sustainable? IDK, but if they are just entering a rapid growth phase, then who knows? They appear to have lots of cash and a deal with Apollo that looks promising for more M&A activity.

With all the guesswork and presumptions a 50 PE on .009 net income could yield a possible value of $.45. I think this is the point that the CEO alludes too in today's message - these two acquisitions alone are potentially adding substantial value to the company.

As many have said here, look at the company not the share price.