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iQSTEL Inc (QX)

iQSTEL Inc (QX) (IQST)

0.22
0.001
(0.46%)
Closed July 29 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.22
Bid
0.2151
Ask
0.242
Volume
259,265
0.21 Day's Range 0.2295
0.1221 52 Week Range 0.395
Market Cap
Previous Close
0.219
Open
0.2234
Last Trade
1810
@
0.22
Last Trade Time
Financial Volume
$ 57,567
VWAP
0.222038
Average Volume (3m)
327,198
Shares Outstanding
176,834,984
Dividend Yield
-
PE Ratio
-24.72
Earnings Per Share (EPS)
-0.01
Revenue
144.5M
Net Profit
-1.58M

About iQSTEL Inc (QX)

iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational public company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ... iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based, multinational public company preparing for a Nasdaq up-listing with an FY2023 $120 million revenue forecast. iQSTEL's mission is to serve basic human needs in today's modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in today's modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem and self actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in today's pursuit of basic human needs: 1) Telecommunications (communications). 2) Fintech (financial freedom). 3) Electric Vehicles (mobility). 4) Metaverse. (information and content). The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions (M&A). iQSTEL has completed 10 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions. iQSTEL Inc. IR US Phone: 646-740-0907 IR Email: investors@iqstel.com https://www.iqstel.com/ Show more

Sector
Phone Comm Ex Radiotelephone
Industry
Soap,detergent,toilet Preps
Headquarters
Las Vegas, Nevada, USA
Founded
2018
iQSTEL Inc (QX) is listed in the Phone Comm Ex Radiotelephone sector of the OTCMarkets with ticker IQST. The last closing price for iQSTEL (QX) was $0.22. Over the last year, iQSTEL (QX) shares have traded in a share price range of $ 0.1221 to $ 0.395.

iQSTEL (QX) currently has 176,834,984 shares outstanding. The market capitalization of iQSTEL (QX) is $38.73 million. iQSTEL (QX) has a price to earnings ratio (PE ratio) of -24.72.

IQST Latest News

IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast

NEW YORK, NY -- June 4, 2024 -- InvestorsHub NewsWire -- iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) a US-based, multinational, fully reporting and audited publicly listed...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0105-4.555314533620.23050.2580.20353579340.22970198CS
4-0.04-15.38461538460.260.280.20352947780.23752654CS
12-0.12-35.29411764710.340.370.20353271980.27546133CS
260.03518.91891891890.1850.3950.18014153880.28555095CS
52-0.073-24.91467576790.2930.3950.12214102430.24490216CS
156-0.29-56.8627450980.511.050.0825912450.3995634CS
260-1.78-89220.0310202630.41325213CS

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IQST Discussion

View Posts
cootcat cootcat 3 hours ago
B_M Think you are right. Now let's who try to turn it around? Putting a negative spin on it.
👍️ 1 💯 1
wooferwax wooferwax 4 hours ago
It's strange that the share price never reflects any of that
👍️ 1
Monroe1 Monroe1 5 hours ago
Where is my meal ticket? I am an illegal alien from Messier 31 galaxy wanting inclusion. Never mind my being intellectually superior with great experience. Just rubber stamp me in because I am DEI qualified.
👍️0
Monroe1 Monroe1 6 hours ago
Count me in! Especially if it will be carbon neutral. Those crock pots will help me eliminate the buildup of DEI gas.
👍️0
sricket sricket 7 hours ago
Lyindog
👍️0
snow snow 8 hours ago
Boiler
"QXTEL and Lynk combined add over 100M annual revenue which represents 69% increase over last year's 144.5M revenue." As usual you ignore the fact that IQST owns just about half of the former (I forget regarding the latter). Therefore the contribution to net earnings will presumably be cut in half.
👍️0
Imindog Imindog 8 hours ago
All these ignorant idiots that say the share price doesn’t matter!! News alert the company can’t sustain itself or grow as it makes not money and is solely dependent on dilution to stay alive so yes the share price is huge lol!!
👊 1 👍️ 1 💩 1 🤡 1
Imindog Imindog 9 hours ago
I’m pretty sure all the dilution over the last month or two is coming from the adi options deal and if that’s the case strap in as that share count will get increased drastically just like the Apollo deal and it explains how the stock has done nothing but tank for the last 3 months since their huge announcing of the biggest acquisition yet to be done by them!! Going to be a long road boys
👊 1 👍️ 1 💩 2 🤡 1
Boiler_Master Boiler_Master 9 hours ago
Share increase would be shares sold to API via the options agreement put in place to raise capital for acquisition costs. Given the shares sold and cashed raised this month (I'd estimate around $800,000) they are likely closing/closed the Lynk Telecom acquisition. Same as QXTEL, alot of fees to close an acquisition.

Dilution (raising capital) is not inherently good or bad. You have to calculate the negative impact of the share increase and then calculate the positive impact of what they accomplished with the cash raised to determine if it was value added for shareholders or not.

QXTEL and Lynk combined add over 100M annual revenue which represents 69% increase over last year's 144.5M revenue. They both have positive net income of at least 1M as well. That adds a lot of value. IMO it significantly offsets the negative impact of the share increase and a few million in debt borrowed to finance the deals.

👍️ 3 💩 1 💯 2 🤡 1
Imindog Imindog 10 hours ago
Share count went from 181 million last week to 183.8 million this week!! Another 2 million debt and dilution yay 😀!! Thanks leotard
👊 1 👍️ 1 💩 1 🤡 1
mdb1 mdb1 12 hours ago
I think stock price trendline from April to now implies: IQST --> $.17.
But obviously I could be wrong.
👍️ 1
lflhdy lflhdy 2 days ago
Guess there is more than a few thinking this will go down. 41.92% naked shorted.
https://otcshortreport.com/company/IQST
👍️0
Big RDC Big RDC 3 days ago
Can't please every one got to please your self Bro, for me its $$$IQST$$$$
👍️ 4 💯 2
mdb1 mdb1 3 days ago
Just noticing the stock price trend. I'm sure it will hit $.25s again sooner or later.
I remember when it hit the $2s and there were those complaining.
👍️0
Tomatopants Tomatopants 3 days ago
Is there a point to your post? Are you hoping for the stock to be in the $teens?
👍️0
mdb1 mdb1 3 days ago
$teens sometime next week???
👍️0
Imindog Imindog 3 days ago
I will say Leo and crew have totally missed a window of opportunity with the market if they would correct their net earnings side !! Without net earnings means more debt and dilution which is clearly the path they have chosen!! Pathetic is all I can say!! Teens next week for sure
👊 2 👍️ 2 💩 1 🤡 1
cootcat cootcat 3 days ago
Yes, just another mistake. a common junction. Make all the mistakes you want. For me it is a hold, not buying or selling. Time will tell. If go north may buy. Go south hold. Still have high hopes.
👍️ 1 💩 1
Imindog Imindog 3 days ago
One thing is for sure you can’t ask for a better market and conditions then what we are slap dab in the middle of!! Thankful to see the market out perform expectations!! That’s what companies with merit do in correct market conditions lol!! 😂 not this pos that’s for sure!!
👊 1 👍️ 1 💩 1 🤡 1
Imindog Imindog 3 days ago
Meant to say back to teens not tennis lol!! Like I said sub penny by December watch
👊 1 👍️ 1 💩 3 🤡 2
Imindog Imindog 3 days ago
Looks like back to tennis by end of today for sure!! 91k shares sold in like 12 minutes at open bell lmao 🤣!! This pos is relentless and apparently the news of debt and dilution isn’t amazing nor is the q2 results lol
👊 1 👍️ 1 💩 2 🤡 1
KenFresno KenFresno 4 days ago
Oh look, the magic formula for making a profit has been discovered.
👍️0
PaPaGriz PaPaGriz 4 days ago
NASDAQ’S BOARD DIVERSITY RULE: WHAT COMPANIES SHOULD KNOW
Last Updated February 28, 2023
BOARD DIVERSITY RULE HIGHLIGHTS
Nasdaq’s Board Diversity Rule requires companies listed on Nasdaq’s U.S. exchange to:
• Publicly disclose board-level diversity statistics annually using a standardized template; and
• Have, or explain why they do not have, diverse directors.
The rule provides additional flexibility for Smaller Reporting Companies and Foreign Issuers, which can meet the
diversity objective by including two female directors, and for all companies with five or fewer directors, which
can meet the diversity objective by including one diverse director.

https://listingcenter.nasdaq.com/assets/Board%20Diversity%20Disclosure%20Five%20Things.pdf

https://www.nasdaq.com/board-diversity
👍️0
theSauceman theSauceman 4 days ago
Oh, how perfect. I'm thinking of starting a publicly held pottery firm. Solar crock pots to be specific....
👊 1 👍️ 2
quigley24 quigley24 4 days ago
I hate the fact they are not addressing these things....they just let the PPS fall
👊 1 👍️ 1
lflhdy lflhdy 4 days ago
One board member must be a woman; the other must identify as an underrepresented minority or LGBTQ+ and can be a man. Companies that list on Nasdaq's Capital Market tier, which is focused on smaller firms, have until Dec. 31, 2026, to have two diverse directors.

https://consciousnessleaders.com/a-new-mandate-for-diversity-and-inclusion-set-by-nasdaq/
👍️0
77Port 77Port 4 days ago
Please post the evidence upon which you are basing this statement:
"I've heard NASDAQ is implementing DEI requirements to get on that exchange."

Did you read an article or see a link?
👍️ 1
lflhdy lflhdy 4 days ago
I was thinking, Why not just do a shelf offering then they could dilute at current market value rather than give shares away cheap with a public offering. Now I know the dilution would kill the price but they would be dollars ahead and could rebuild from there. Just my thoughts.
👊 1 👍️ 1
Imindog Imindog 4 days ago
Let’s take this years projected numbers and assume the margins don’t change which is realistic as they haven’t changed yet and say the company does 300 million this year and nets 1 million which I doubt they will do that means even if they 10x revenue over the next 10 years and become a 3 billion revenue company and only net 10 million a year where is any room for any investor or institution? The answer is there is no room for any realistic institution or investor with this pos and their pos margins!! Ships sinking for dang sure no saving it now !!
👊 2 👍️ 2 💩 1 🤡 1
KenFresno KenFresno 4 days ago
IQST excels at all the latest buzzwords and mgmt are the craftiest of politicians. I wouldn't worry about that requirement.
👍️ 1
PaPaGriz PaPaGriz 4 days ago
How is IQST with DEI? I've heard NASDAQ is implementing DEI requirements to get on that exchange. Or perhaps they should consider the TXSE since it looks like NASDAQ likely won't happen this year.
👍️0
Imindog Imindog 5 days ago
Check that sexy s-1 out again boys from April!! They dam sure will be dumping 48 million shares come December as a default in the loan!! Then I expect them to dilute the other 80 million shares to raise money for operations and finally after all that smoke sinks in and they are down to 15,000 shareholders they pull the f-it let’s reverse splitski on that butt and that my friends will be the icing on the cake for this pos company!! I told yall back in January when they started this whole debt and dilution deal that now it’s serious debt and dilution incoming!! No one believed me or thought it was possible even the DA boiler who made a video about how iqst is now net income positive so won’t have to dilute anymore shares from here on out lmao!! That was back in March I believe and I live the share count was 171 million at the time!! I see where this is going and now I believe they will dilute the remaining shares then issue more so be ready for at least 300 million shares to be a float by next year you can bet your sweet butt on that unless they reverse split then issue the shares which would be smarter for leotardo and crew!!
👊 1 👍️ 1 💩 1 🤡 1
Imindog Imindog 5 days ago
Feels great to know you own a true pos when your right where you started a position 4 years 8 months ago lmao !! Every other stock is booming compared to this speculative over promised under delivered true pos !! Ships sinking for dam sure!! Retail is out of powder and it shows in the pathetic share volume daily which leaves the inevitable sinking ship!! Oh the dream of hitting the lotto with this is gone for dam sure !! No one trust the ceo and or has faith except regards
👊 2 👍️ 2 💩 1 🤡 1
Imindog Imindog 5 days ago
Lflhdy he’s referring to the shares held for collateral as he’s saying they have zero intentions of paying that loan back!! Your referring to the Audi option buy in price which is 2 different things buddy!! It’s all good
👊 1 👍️ 1 💩 1 🤡 1
Sauerkraut Sauerkraut 5 days ago
Lol. That makes it really better......
💩 1
lflhdy lflhdy 5 days ago
Actually the price is .157 less 30% for the lowest buy in price of .11
👍️0
quigley24 quigley24 5 days ago
and no way will they come up with anywhere near 81 mil for the quarter...........
👍️0
quigley24 quigley24 5 days ago
I do not think r/s......it will not help them and make it worse........never have I seen a r/s help a co
👍️ 2 💯 2
quigley24 quigley24 5 days ago
CREDIBILITY IS THE ISSUE........
👊 1 👍️ 2
GigantorX GigantorX 5 days ago
I've stated it before and I'll say it again....BM and the Pumpers will be selling shareholders on an R/S in the near future.
👊 1 👍️ 3
Boiler_Master Boiler_Master 5 days ago
Preliminary revenue estimates only, doesn't mean sales were actually down.

Estimated 27M in Apr & again in May. Same for June would be 81M for the quarter. If that was the case, they'd want to state lower for a margin of error regardless. They said 77M so ya that'd be 4M less in June but wanting the company to answer why sales decline 4M is not a legitimate question because again, it's just preliminary numbers. 77M should be taken as the "minimum" they expect to report. We also have to take elimination into consideration, cross company sales. Maybe they did 27M in all 3 months but are concerned they may have a few million in cross company sales that were initially, on a monthly preliminary basis, not accounted for yet.

In Q1 they said they did 50M preliminary and it was actually 51.4M when filed. Looking at monthly preliminary numbers, they said Jan 17M, Feb 16M, Mar 17M for 50M preliminary and actually did 1.4 million over that.

Point is, you can't read too much into monthly estimates. They're just an indicator of how things are going, not exact numbers yet. That's basically what preliminary means.
👍️ 3 💯 2
kym1216 kym1216 5 days ago
Remember, they still have that S-1 from April. They will be dumping 50 million shares at the end of December at a conversion rate at .10. That is why this is stuck in the .20's with all the good news. As I have mentioned, the executives have very few common shares. The preferred shares they have are not subject to a reverse split. So, they will dump the 50 million to pay off the loan with shares and then do a reverse. When have you seen executives with such a low share count.
👊 1 👍️ 2
Imindog Imindog 5 days ago
So they haven’t acquired Lynn yet because they are broke and can’t afford the monthly payment!! Sales aren’t as they expected clearly down 4 million in a month that’s like 6 days of no revenue!!
👊 1 👍️ 1 💩 1 🤡 1
quigley24 quigley24 5 days ago
2 things they need to address and sad they have not.......why sales were down by appr 4 million in June and why LYNX has not closed.....
👍️ 2
Imindog Imindog 5 days ago
It’s coiling up!! Been coiling and consolidating for about 4 years now lol!!
👊 1 👍️ 1 💩 1 🤡 1
quigley24 quigley24 5 days ago
one thing for sure...............we need some news....IQST
👍️0
GigantorX GigantorX 5 days ago
Which "serious" inst investors are waiting?
👍️0
snow snow 6 days ago
lishious It is usually a trade-off I think. By raising prices a company will usually sell less but may even so make more money in some cases. Long-term it may or may not be a good idea to just have a very slim profit margin if that makes it possible to increase sales fast. It all depends on the circumstances. My guess is that it will probably not work out well for IQST to have a net profit margin next to nil.
👍️0
snow snow 6 days ago
quigley We could not disagree more! Time will show who is closest to the truth.
👍️0
rayf rayf 6 days ago
I've been hearing that for 5 years
👍️0

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