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Tuesday, 08/16/2022 11:36:47 AM

Tuesday, August 16, 2022 11:36:47 AM

Post# of 17485
$IQST - iQSTEL announced filing its Q2 financial report. The company realized a 47% increase in revenue to $23.70 million in Q2 compared to the same period in 2021. The company is approaching breakeven, posting a substantial bottom line improvement, reducing its net loss by 75% compared to the same period last year. Stockholder’s equity increased 162% to $9.04 million compared to Q2 2021 surpassing the Nasdaq minimum listing requirement.

https://www.globenewswire.com/news-release/2022/08/15/2498428/0/en/IQST-iQSTEL-Announces-Q2-47-Revenue-Increase-To-23-70-Million-On-Track-To-90-Million-2022-Annual-Revenue-Forecast.html

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