iQSTEL Inc (IQST)

[lflhdy]

Besides I don't care. This is far from an investment, It is still a flippers stock. I am only here to make money I could care less what the company does. When it hits my buy in price I will buy back in just waiting for the price to fall to accommodate the option and offering then I will get in at their price and ride the manipulated hype run to the top and bail again. Maybe in a few years I will reevaluate my opinion and hold.

[rwa3848]

Bashers are unbelievably writing that the Quarterly loss is evidence that the company is a failed business while blurring and deriding any notice given to the standard account practices for recording acquisition, interest payments, & share issuance as liabilities that affect net income. Okay karens

[Mr.Fields]

$IQST - iQSTEL’s revenue increased 126% to $130M in H1 2024. On track to reach $290M for the year. Q2 saw a 53% rise in revenue and a 57% increase in gross profit. The Telecom Division reported $909K in operating income. Full PR https://www.prnewswire.com/news-releases/iqst--iqstel-announces-126-revenue-growth-to-130-million-on-track-to-reach-290-million-fy-2024-annual-forecast-302222636.html #RevenueGrowth #NASDAQ

[Imindog]

2.5 million dollar net loss ? Lmao it keeps getting better lmao

[lflhdy]

Costs where paid for with the 2 million shares they sold. So basically no expense.

[Monroe1]

You provide plenty.
How many well managed companies like this in the OTC with this kind of growth and revenue? Development mostly by organically increasing income.

[Monroe1]

"It is important to note that the company incurred Q1 acquisition expenses from financing costs and consulting services necessary to complete two acquisitions prior to benefiting from the revenue and bottom line contributions from the acquisitions."

It goes on to explain further and itemizes out what each of those expenses were and how much.

[Monroe1]

yeah, be done and gone!! Finally.

[Leandroi2002]

News out

$IQST - iQSTEL Announces 126% Revenue Growth to $130 Million on Track to Reach $290 Million FY-2024 Annual Forecast #otc #otcmarkets #nasdaq #telecom #telco #fintech #ev #AI #metaverse #recordbreaking #revenue #billion #IQST

https://www.prnewswire.com/news-releases/iqst--iqstel-announces-126-revenue-growth-to-130-million-on-track-to-reach-290-million-fy-2024-annual-forecast-302222636.html

[Monroe1]

thanks!

[Monroe1]

$130,050,642 amazing

[KenFresno]

I almost can't wait to hear the spin on this one.

[lflhdy]

IQST - iQSTEL Exceeds $120 Million 2023 Annual Revenue Forecast Before EOYPress Release | 12/12/2023
IQST - iQSTEL Exceeds $120 Million 2023 Annual Revenue Forecast Before EOY

PR Newswire

NEW YORK, Dec. 12, 2023

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) today announced the company has already exceeded its FY-2023 $120 million annual revenue forecast based on preliminary accounting.

iQSTEL logo (PRNewsfoto/iQSTEL, Inc.)

In conjunction with today's announcement, the company CEO, Leandro Iglesias, has published the first of two shareholder letters to review the highlights of the company's 2023 performance in conjunction with an outline of the company's plans for continued growth in 2024. The letter includes a summary of management's outlook on the upside potential of the company's current share price and the latest update on the company's plans for uplisting to Nasdaq.

The second letter which will focus on an update of the company's emerging technology initiatives, is scheduled to be published before year end. Today's letter is included in its entirety below:

Dear Shareholders:

As we rapidly approach 2024, it is time to review our anticipated 2023 year end results and outline our plans for 2024.

Current Business Results

I am pleased to announce the company has already surpassed its $120 million annual revenue forecast, based on preliminary accounting.

We also recently announced a $145 million revenue forecast for FY-2024. The FY-2024 forecast does not include any contribution from anticipated acquisitions – one of which may close before year end (more below). We will revise our revenue forecast for 2024 upward in conjunction with completing anticipated acquisitions.

iQSTEL has not ever missed a forecast. We have frequently revised our forecasts upward. Our original forecast for FY-2023 was $105 million before we revised it upward to $120 million.

In addition to exceeding our revenue forecast, we have also achieved consolidated operational profitability one quarter earlier than anticipated. We plan to maintain consolidated positive operating income from here forward.

[lflhdy]

Am I reading this right? 2 million net loss Q2.

[Boiler_Master]

Imindog, that is a false statement and you sir are a liar.

If I am mistaken, please provide a direct quote from, and date of, the PR that supports your claim they "stated just 2 weeks before posting q1 earnings that they will continue to be net income positive".

I say that never happened. Prove me wrong.

[mdb1]

in 4.5 years it's gone from $2+ to $.18s
$2+ ----> $.18s

[Imindog]

Reverse split is coming you can bet your last dollar on it !!

[Imindog]

Keep in mind the snakes in the grass leotard and crew stated just 2 weeks before posting q1 earnings that they will continue to be net income positive moving forward knowing dam well they were taking a loss they mislead and con their way through life!! You’re the exact same !! Straight bum and trash!! Glad to be done with this pos yay 😀

[KenFresno]

Yes after the fact. I'm talking about when they are crowing about net income in PR's between Q's. Why not be clear.

[Boiler_Master]

They literally did that when they filed Q1.

PR May 15, 2024

"It is important to note that the company incurred Q1 acquisition expenses from financing costs and consulting services necessary to complete two acquisitions prior to benefiting from the revenue and bottom line contributions from the acquisitions."

It goes on to explain further and itemizes out what each of those expenses were and how much.

[KenFresno]

All that being repeatedly said, why can't they just be honest and note in their PR's that they intend to see net profit but one time expansion expenses may negate them? Why always the politician speak. Any sensible person understands costs with expansion, why not put an estimated cost range on it? If we mere plebs are so simple that we can't understand their complex business and accounting, why not spell it out in the interest of good will?

Always going to the well on revs is exhausting. Let's hear about some other concrete accomplishments.

[Boiler_Master]

QXTEL was contributing all of Q2 so margins & operating income should be higher than Q1.

Positive net income or not will likely be determined by having acquisition expenses or not. Were all expenses associated with closing QXTEL reported in Q1 or were there additional expenses paid in April? I don't know.

Lynk Telecom acquisition is still in DD but were there any costs accounted for in Q2, before June 30th? I don't know.

But I do know margins should have been higher along with higher operating income. So "if" they show a negative net income, it should only be due to one time expenses investing into the growth of the business. Not because the telecom business operation itself lost money.

So I'm happy either way. Growth this year should be about 85M organic and another 60 or 70M+ from acquisitions. I'm fine seeing 1 or 2 quarters show a net loss in exchange for that additional growth and operating income we'll have from those acquisitions going forward. I see it as delayed gratification. A little profit now, or alot of profit later.

[KenFresno]

Correction.

I'll be amazed if there is not a poison pill in the report.

[KenFresno]

I'll put in my guess, I'll be amazed if they show a net of 100K and further amazed if there is a poison pill in the report that contradicts there prior press releases.

My opinion, and just my opinion based on the history of performance to press ratio.

[Imindog]

Hope your right and they smash earnings would be nice to witness even from the sidelines buddy!!

[rwa3848]

Let me be the first to wildly guesstimate IQST reports nearly $1 million for Q2 net. If 98% of their revenue now is derived from telecom, then the remaining 2% must come from high margin divisions. Because I harbor serious doubts on the veritability of declining month to month telecom revenues, I believe telecom earns $81 million and other divisions add $1.7 million totalling $83 million in quarterly revenues which only requires a net margin rate of 1.2% to produce the $1 million net. Just to be clear 7 figures annual net does not exclude the possibility of quarterly nets of 7 figures

[Monroe1]

For now, but though sustained organic growth and revenue the buyers will be rewarded and attract more buying. From most all perspectives this is a good one to hold and accumulate IMO.

[cootcat]

Why are you still here? What do you want us to believe next? ALWAYS Good Luck

[cootcat]

Due to the fact I don't know you. I will take our word for it. My question is that 65k equity gain over the loss of 30k or the total cost of you paid for IGST?

[KenFresno]

Back in June and July .26-.28 range. Buying back in at .16-.17 is quite a bit more than 3-5 cents. 400K shares @.09-.10 is pretty fair change. Hell even 400K shares at .05 is 20k minus taxes, if your trading a brokerage account. I trade my IRA so taxes aren't really the issue plus I don't pass up profit because I'm worried about taxes. Take the profit, pay the taxes, keep the net.

What's the risk, this stock makes some out of sight run and never falls back down? Those are merely dreams, not concerns.

[Imindog]

For the record you couldn’t pay me jump back in this stock at any price!! The ceo can’t be trusted that’s an automatic heck NO!! Good luck to all

[Imindog]

I know I sold 620 thousand shares last week and it took forever to close out that position!! Lost 30k in this stock but gained 65k in equity by using the money elsewhere!! Not looking good here with serious debt and dilution coming and margins are pathetic!! No other way to look at it!!

[DRJ69]

I believe you are correct in your assessment. Typically, people talk about what it is worth on a capital basis.

[cootcat]

always possible but when was the last time the price was in the high .20? To make 3-5 cents a share and how many shares do you have to sell to make any real money after taxes.

[KenFresno]

Exactly. Who knows what will happen next. Revenues alone don't seem to be drawing in buyers in droves, who knows they could follow through and execute on something in the future.

[sricket]

Lots and lots of maybes on this board.

[KenFresno]

Maybe he's keeping an eye on it for the next buying opportunity. There could be a nice dip coming after the Q comes out. If he sold in the high .20s and is buying in the mid teens, seems like smart trading to me.

[mdb1]

From $.16s to $.22s: stuck in a RUT .. RUT .. RUT .. RUT .. ... ...

[snow]

Big RDC "He has no common sense Bro IQST going to be a billion dollar company Year 2027 if not sooner" Your statement seems to refer to yourself. A billion dollar company does not refer to revenues but to market capitalization. To be certain that this is so I have googled the definition.

[cootcat]

Big RDC agree possible 10 dollar plus stock. Just cannot see why. A person would say they sold all their shares and stick around just flapping his lips.

[Big RDC]

He has no common sense Bro IQST going to be a billion dollar company Year 2027 if not sooner 💯💯

[cootcat]

If you sold all your shares. Why are you still here? Only time will prove you to be an idiot.

[Big RDC]

Agree 100% Bro $$$IQST$$$$

[rayf]

You make a very good point that's why I sold all my shares of IQST two months ago when it went up put it all into Bitcoin

[snow]

vdt Perhaps in five years?

[vdt]

(rwa3848) I'm certain that an RS is not a viable path to nasdaq because it will delay application approval. In addition, institutional investors rely more upon the stability of share structure for publicly listed companies for the arbitrage of financial capital creation than they do quarterly incidentals

I like you comment. Certainly, reasonable, true. Let's hope for the best this week.
GO IQST$$$$

[vdt]

Going to run hard just matter of time $$$IQST$$$$

YEAP

[vdt]

(Aug 8) Shares of Telecom Firm Higher on Planned Strategic Announcement
By: Tomas Ronolski - AllPennyStocks.com News

Thursday, August 8, 2024

- As it prepares for its Nasdaq uplisting, shares of this telecom firm are on the upswing on news of a planned strategic acquisition.

-- U.S.-based, multinational telecommunications and technology company iQSTEL Inc. (OTC:IQST) made a major announcement in a press release today that has shares trading higher. iQSTEL recently announced plans to expand sales to $1 billion by fiscal year 2027. The firm released an extensive business plan earlier this week that detailed key specific steps to reaching that goal.

-- Highlights will be released at an upcoming conference

-- and include a targeted strategic acquisition expected to add $200 million to $300 million in annual sales,

-- a $30 million raise in conjunction with the strategic acquisition
-- and Nasdaq uplisting.

Additionally, organic sales are expected to double existing and acquired sales.

In morning trade, shares were up around 5 percent.

[vdt]

"Solid company growing and with a good vision of the changing market place. They will be a much bigger player"
Yeap. The best is yet to come

[GigantorX]

All the lies
....getting hard to keep track of. Almost forgot about "SmartTank!"

Lol