29Metals Limited reported a statutory profit of AU$0.026, beating analyst expectations. The company's revenue was AU$285m, a 4.3% increase. Analysts have updated their earnings model, with revenues expected to be AU$578.8m in 2025 and statutory earnings of AU$0.028 per share. The consensus price target remains at AU$0.27, with a wide range of estimates from AU$0.40 to AU$0.16.
Title: IQSTEL Inc. Sets Ambitious Goals for 2026 and 2027
IQSTEL Inc. (NASDAQ: IQST) has announced a strategic plan to achieve a $15 million EBITDA run rate by 2026 and a $1 billion revenue goal by 2027. This two-pronged approach involves targeted acquisitions and operational streamlining. The company aims to add approximately $5 million in EBITDA run rate with each acquisition, which will be financed through a combination of commercial bank debt and preferred shares. In parallel, operational efficiencies are being pursued to strengthen margins and contribute to the EBITDA run rate growth.
The company's CEO, Leandro Iglesias, expressed confidence in the plan, stating, "Our company is in fantastic shape. The execution of our 2025 plan sets us firmly on the path to deliver a $15 million EBITDA run rate by 2026, a crucial step toward our $1 billion revenue goal for 2027." [1]
This announcement comes as IQSTEL has already identified potential acquisition targets and is in discussions to join its high-margin, high-technology global business platform. The company is also focusing on operational efficiencies, which are already underway to further strengthen margins and contribute to the EBITDA run rate growth.
The plan is supported by growing institutional support, with around 12 institutional investors now holding approximately 4% of IQSTEL's shares, just 120 days after its uplisting to Nasdaq. This indicates market confidence in IQSTEL's strategy and future growth. Litchfield Hills Research has also reaffirmed its $18 price target for IQSTEL following its review of the company's Q2 2025 Form 10-Q filing. [1]
IQSTEL is a multinational technology company providing advanced solutions across Telecom, High-Tech Telecom Services, Fintech, AI-Powered Telecom Platforms, and Cybersecurity. With operations in 21 countries and a team of 100 employees, IQSTEL serves a broad global customer base with high-value, high-margin services. The company is forecasting $340 million in revenue for FY-2025, reinforcing its trajectory toward becoming a $1 billion tech-driven enterprise by 2027. [1]
References
[1] https://www.morningstar.com/news/pr-newswire/20250825fl57777/iqst-iqstel-executing-2025-plan-toward-15-million-ebitda-run-rate-in-2026-and-1-billion-revenue-goal-in-2027
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