• IQSTEL reports Q2 2025 financial results
• Net shareholder equity increased to $14.29 million
• Gross revenues up 17% YoY to $155.15 million
• Gross margin improved by 7.45%
• Telecom division net income rose 29.94% to $321,000
• IQSTEL evolving into a Global Connectivity & AI Tech Corp
IQSTEL Inc. (NASDAQ: IQST) has announced its financial results for the second quarter ended June 30, 2025, showcasing robust growth and improved profitability. The company reported a significant increase in net shareholder equity, an uptick in gross revenues, and enhanced gross margins, all contributing to a strong performance in the telecom division.
Key financial highlights include:
- Net Shareholder Equity: Increased from $11.9 million in December 2024 to $14.29 million as of June 30, 2025. This growth reflects the company's strong balance sheet and ability to create shareholder value [1].
- Gross Revenues: Up 17% year-over-year (YoY) for the first six months of 2025, rising from $132.58 million in H1 2024 to $155.15 million in H1 2025. This growth was entirely organic, indicating a solid operational performance [1].
- Gross Margin: Improved by 7.45% compared to the same period in 2024, highlighting the benefits of intercompany collaboration and operational alignment [1].
- Telecom Division Net Income: Increased 29.94% quarter-over-quarter to $321,321, demonstrating the division's profitability and operational efficiency [1].
The company's strategic shift towards becoming a Global Connectivity & AI Technology Corporation is also evident. IQSTEL is leveraging its AI R&D unit to develop innovative technologies that enhance its telecom, fintech, and cybersecurity services. The partnership with Cycurion is expected to accelerate the development of next-generation AI-based cybersecurity solutions [1].
Looking ahead, IQSTEL aims to achieve $210 million in revenue in the second half of 2025, with a focus on organic growth and strategic acquisitions to boost Adjusted EBITDA. The company's vision is to become a $1 billion revenue company by 2027, backed by a strong balance sheet and sustainable growth strategies.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250814fl51713/iqst-iqstel-reports-q2-2025-results-1741-assets-per-share-beating-several-metrics-including-net-shareholders-equity-gross-revenue-gross-margin-net-income-and-adjusted-ebitda-of-the-operating-business-alongside-strong-equity-growth-margin-expansion-and-rising-profitability
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