NEW YORK, June 24, 2025 /PRNewswire/ — IQSTEL Inc. (NASDAQ:IQST), a leading provider of telecommunications, fintech, AI, and cybersecurity solutions, today announced preliminary accounting revenue of $101.5 million for the period January through May 2025, reaffirming the company is on track to meet its full-year revenue forecast of $340 million.
Historically, the second half of the year outperforms the first, and IQSTEL’s business momentum is now accelerating significantly. The company reported $23.7 million in net revenue for May alone, with projections to reach $33 million in monthly net revenue by year-end—or earlier—driven by both organic growth and strategic integration.
Based on current performance trends and pipeline visibility, IQSTEL expects to reach a $400 million annualized revenue run rate by the end of 2025.
A key catalyst in this growth trajectory is the upcoming integration of GlobeTopper, a fintech platform expected to join the IQSTEL family within the next week. GlobeTopper is anticipated to contribute millions of dollars in revenue and will also add positive EBITDA, further strengthening the company’s fintech division and bottom line.
IQSTEL’s recent uplisting to NASDAQ has been met with strong market interest, reflected in millions of dollars in daily trading volume. Management views this as a strong validation of IQSTEL’s long-term value proposition.
The company’s vision to become a $1 billion revenue company by 2027 is becoming increasingly tangible.
“We are now entering the stage where adjusted EBITDA in the millions is beginning to take shape,” said Leandro Iglesias, CEO of IQSTEL. “This is a major step toward unlocking real shareholder value, and we’re confident the momentum we’re building will carry us to that goal.”
“Our growth engine is gaining speed,” Iglesias added. “With strong momentum, new high-margin business units coming online, and a supportive public market behind …