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[FinlayS00]

IQST – iQSTEL Reaches Profitability Ahead Of Forecast On 33% Q3 Revenue Growth To $21.94M On Track To Meet Or Exceed $90M In Revenue By Yearend

•iQSTEL has become profitable in the third quarter of 2020, a significant milestone for the company.
• The third quarter report showed a 68% increase in gross profit and a 128% reduction in operating loss.
• iQSTEL is on track to meet or exceed its projected 90 million gross revenue forecast for 2021.
• Cost-cutting measures have helped to reduce operating expenses, while new contracts and partners have driven top-line growth.
• Once a company becomes profitable, it can reinvest its profits into growth initiatives such as marketing and new product development.
• Now iQSTEL further meets NASDAQ requirements and will soon be dual trading with Upstream allowing international investors to buy stock.
• The company had traded before as high as $1 to $2 a share and is certainly way undervalued at current prices as a profitable company.

http://bit.ly/IQSTELFinancialEvolutionQ3_2022