Sunday, May 05, 2024 3:39:59 PM
Value the stock based on 500k earnings if you want. But when they show like 3 million, increase your price target 6x. When they show 10M increase your price target 20x.
Why would IQST trade at a P/S of 2? Whatever, say it's worth a P/S of 1. This year sales are on track to double, so whatever valuation you came up with based on sales, in 7 months double it. Even a P/S ratio of 1 this year is like 300M revenue / 176.8M current shares = $1.70 SP.
Talk all the shit you want about low valuations based on earnings, but anyone with a brain knows you can't value the company on earnings when last year they showed a loss. "If" they only show 500k profit this year, they could easily 10x that to 5M next year. Then a dumbass like you is left wondering how the value increased 1,000% in only a year because you're the only one stupid enough not to project further ahead than 7 months. And you're ignorant if you think they'll only do 500k, QXTEL alone does over 1M net income and they were profitable before acquiring QXTEL.
You're annoying as fuck. It's like when you referenced T-mobile attempting to bash IQST based on T-mobile's current P/E ratio. So I looked at T-mobile's history and found their first profitable year when they were a high growth company with slim margins, they were trading at a P/E ratio of 770. That's because people knew earnings would increase significantly YOY. As you said, "in anticipation of earnings". And like I said, 500k to 5M is a 1,000% increase in earnings.
IQST improved their net income by 5 million YOY in 2023 and achieved profitability in Q3 and Q4. Gross profit increased 161% and gross revenue increased 55%. This year they're on track to grow over 100% and have told us margins continued to improve, and acquired another profitable subsidiary. No one in their right mind would say this is a bad investment.
Recent IQST News
- Form 424B7 - Prospectus [Rule 424(b)(7)] • Edgar (US Regulatory) • 06/05/2024 09:25:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:05:00 PM
- IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • InvestorsHub NewsWire • 06/04/2024 05:43:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 01:14:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 08:04:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:56:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 10:19:27 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 02/13/2024 04:40:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 03:47:57 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/08/2024 02:18:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2024 08:37:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 05:28:56 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/30/2024 09:58:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 09:24:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 10:26:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 10:22:44 PM
- IQST - iQSTEL and QXTEL Announce a Deal To Become Quarter Billion Revenue Corporation • InvestorsHub NewsWire • 01/22/2024 02:56:12 PM
- Will Acquisition News Send Shares of this Telecom Firm Higher? • AllPennyStocks.com • 01/22/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 05:11:18 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/28/2023 08:29:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 05:12:58 PM
- Company Preparing for Uplisting Announces YTD Results • AllPennyStocks.com • 10/19/2023 03:50:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/28/2023 04:15:24 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 08:04:54 PM
- IQST - iQSTEL Signs $10M Term Sheet with LDA Capital to Back Nasdaq Uplist Plan • InvestorsHub NewsWire • 09/13/2023 02:03:11 PM
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