iQSTEL Inc.
- Open
- 1.20
- Day high
- 1.20
- Day low
- 1.10
- Prev close
- 1.12
- Volume
- 369K
- Mkt cap
- $6M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 0.6
- P/S
- 0.0
- Yield
- —
- Per share
- —
iQSTEL Inc. (IQST) is a Communication Services company listed on NASDAQ. The stock is down 88% over the past year.
iQSTEL Inc. (IQST) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
IQST earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 21, 2026 | $-0.12 | $-0.29 | -141.7% | $98M | +0.0% |
| Nov 14, 2025 | $-0.41 | $-0.68 | -65.9% | $103M | +0.1% |
| Mar 31, 2025 | — | $-0.01 | — | $99M | — |
| Nov 14, 2024 | — | $-0.01 | — | $54M | — |
| Aug 14, 2024 | — | $-0.01 | — | $79M | — |
| May 15, 2024 | — | $-0.00 | — | $51M | — |
| Jan 31, 2024 | — | $-0.00 | — | $40M | — |
| Aug 14, 2023 | — | $-0.00 | — | $33M | — |
| May 15, 2023 | — | $-0.00 | — | $25M | — |
| Nov 14, 2022 | — | $-0.00 | — | $22M | — |
| Aug 15, 2022 | — | $-0.00 | — | $24M | — |
| May 16, 2022 | — | $-0.00 | — | $19M | — |
iQSTEL Inc. company profile
Overview
iQSTEL Inc. (OTC:IQST) is a telecommunications and technology solutions provider founded in 2011 and based in Coral Gables, Florida. Originally incorporated as PureSnax International, Inc., the company rebranded to iQSTEL Inc. in August 2018 and went public the same year. The company operates primarily through its subsidiary Etelix.com USA, LLC, serving wholesale carriers, government entities, and enterprise customers across North America, Latin America, and Europe with a comprehensive suite of telecommunications infrastructure and services.
Business
iQSTEL operates in the telecommunications services industry, providing critical infrastructure and connectivity solutions that enable global communications. The company's business spans several interconnected segments within the telecom ecosystem. The core of iQSTEL's business revolves around international long-distance voice services, commonly known as ILD wholesale. This involves routing voice calls between telecommunications operators across different countries, acting as an intermediary that connects calls from one carrier to another. When someone makes an international call, their local carrier often uses wholesale providers like iQSTEL to complete the connection to the destination country. The company also operates submarine fiber optic network capacity services, which provide the physical infrastructure backbone for internet connectivity including 4G and 5G networks. Submarine cables are the underwater fiber optic cables that carry the majority of international internet traffic between continents. iQSTEL leases capacity on these networks to telecommunications operators who need to transport data across oceans. Additional service offerings include Voice over IP (VoIP) connectivity, which converts traditional voice calls into digital data packets that can be transmitted over internet networks, and Short Message Service (SMS) termination for both international and domestic text messaging. The company also provides Cloud-PBX services, which are cloud-based phone systems that replace traditional office phone equipment, and OmniChannel marketing solutions that help businesses communicate with customers across multiple platforms. Emerging technology services include Internet of Things (IoT) connectivity for connected devices, and blockchain and payment solutions. Based on recent financial performance, the traditional telecom services (voice and data transmission) likely represent the majority of revenue, though specific segment breakdowns are not publicly disclosed.
Revenue model
iQSTEL generates revenue primarily through wholesale telecommunications services, operating on transaction-based and capacity-based pricing models. The company earns money by charging per-minute rates for international voice call termination, monthly or annual fees for fiber optic network capacity leasing, and subscription fees for cloud-based services like Cloud-PBX and OmniChannel marketing platforms. The primary customers are telecommunications operators, carriers, and service providers who need to complete international calls or access network infrastructure they don't own directly. Enterprise customers pay for business communication services, while government entities contract for secure communication solutions. Several factors significantly impact iQSTEL's margins. Currency fluctuations affect profitability since the company operates internationally and must convert revenues from multiple currencies. Regulatory changes in telecommunications can alter market access and pricing structures. Network capacity costs represent a major expense, as the company must lease or purchase access to submarine cables and terrestrial networks before reselling capacity to customers. Competition from larger telecommunications companies and technology giants can pressure pricing, while technological shifts toward internet-based communications may reduce demand for traditional voice services. Conversely, growing demand for international connectivity, expansion of 5G networks, and increasing IoT device adoption can drive revenue growth. The company's margins are also sensitive to utilization rates - higher traffic volumes across existing network capacity improve profitability, while underutilized capacity increases per-unit costs.
Competitive moat
iQSTEL operates in a highly competitive telecommunications industry with limited sustainable competitive advantages. The company's primary moat appears to be its established relationships with international carriers and its geographic presence across multiple markets, particularly in Latin America where it has developed local partnerships and regulatory approvals. However, this moat is relatively weak. The telecommunications wholesale business is largely commoditized, with customers typically choosing providers based on price, quality of service, and reliability rather than unique features. Barriers to entry are moderate - while regulatory approvals and initial capital requirements exist, they are not prohibitively high for well-funded competitors. The company faces significant competitive threats from larger telecommunications companies with greater financial resources and more extensive global networks. Technology giants like Amazon, Google, and Microsoft are also encroaching on traditional telecom services through cloud communications platforms. Additionally, technological disruption poses a long-term risk, as internet-based communication services continue to replace traditional voice and SMS services. iQSTEL's small size relative to industry leaders limits its ability to achieve economies of scale or negotiate favorable wholesale rates. The company's focus on emerging markets and newer technology services like IoT and blockchain may provide some differentiation, but these areas are also attracting significant competition from both established players and venture-backed startups.
Risks & safety
iQSTEL presents significant financial risks with a narrow margin of safety based on current metrics. • Liquidity concerns: Current ratio of 0.86 indicates current liabilities exceed current assets by approximately $4.2 million, creating potential short-term solvency issues • Cash position: Only $1.1 million in cash and short-term investments as of Q1 2025, insufficient to cover quarterly operating cash outflows • Debt burden: Debt-to-equity ratio of 0.43, while manageable, combined with negative cash flows creates refinancing risk • Profitability: Consistent net losses with negative EBITDA in most recent quarters, indicating operational challenges • Cash burn: Negative free cash flow of approximately $2.0 million in Q1 2025, requiring external financing or significant operational improvements • Valuation metrics: Traditional valuation ratios are distorted by negative earnings, but enterprise value appears elevated relative to operational performance • Working capital: Negative working capital position suggests potential difficulties meeting short-term obligations without additional financing
Recent development
Over the past few years, iQSTEL has undergone significant transformation and expansion efforts. The company has focused heavily on international market expansion, particularly strengthening its presence in Latin American markets where it sees growth opportunities in telecommunications infrastructure development. A key strategic pivot has been the company's move toward emerging technology services, including Internet of Things connectivity solutions and blockchain-based payment systems. This represents an attempt to diversify beyond traditional voice and data transmission services into higher-growth technology segments. The company has also invested in submarine fiber optic network capacity, positioning itself to benefit from the growing demand for international data transmission driven by 5G rollouts and increased internet usage. This infrastructure-focused approach requires significant capital investment but potentially offers more stable, long-term revenue streams compared to per-minute voice services. Recent financial performance shows volatile revenue growth, with annual revenue increasing from $93 million in 2022 to $283 million in 2024, though this growth has come at the cost of profitability. The company has struggled with operational efficiency, posting consistent losses despite revenue increases, suggesting challenges in scaling operations profitably or integrating acquisitions effectively.
IQST company profile · for informational purposes only — not investment advice.
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