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Re: BSmart37 post# 50993

Monday, 04/15/2024 3:33:31 PM

Monday, April 15, 2024 3:33:31 PM

Post# of 53592
BSmart or rather dumb Your rebuttal "1. Financial Health: iQSTEL is not "barely profitable" as some suggest. Our Q1 2024 revenue exceeded $50 million, demonstrating a 100% growth from the previous year. This significant increase is evidence of our robust financial health and strategic execution." Your alleged rebuttal underpins my assertion in fact. The fact that revenues grow 100% from the previous year says exactly nothing about the profit margin. Are you too stupid to comprehend that? In fact the financial health of a company decreases when revenues increase by 100% and there are next to no profits. Sharply increased revenues mean that the need for working capital increases and debt increases too normally. Risk therefore increases.
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