vdt
23 hours ago
a $1 billion revenue company by 2027
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- For the nine months ending September 30, 2024, iQSTEL's revenue skyrocketed to $184 million
nearly double last year's $97 million, reflecting a remarkable 89% increase.
- Our performance confirms the strength of iQSTEL's strategy and position in the market.
- In 9 months: Gross profit surged to $5.6 million, up from $3 million in 2023.
- commitment to becoming a $1 billion revenue company by 2027
- a comprehensive business plan supported by its newly established corporate financial planning department
- commitment to building a premier, high-growth technology powerhouse
- Revenue for the first nine months reached $184 million, an impressive 89% year-over-year increase.
- IQSTEL aims for a record $290 million in revenue for FY-2024
- The Telecom Division achieved solid profitability, generating $548,274 in profit for Q3 alone.
- Total assets rose to $32.4 million, up from $22.2 million in 2023,
- We ended the quarter with a steady $2.1 million in cash,
- In Q3, our operating loss narrowed to $56,553, bringing us closer to the profitability threshold.
- iQSTEL's stockholders' equity rose to $8.1 million, surpassing the minimum requirement of $5 million for a Nasdaq uplisting.
Post# of 54658
theSauceman
5 days ago
I only entertain myself here. I would never dare, even to myself, to spec on the short term. All I care to guess is that the risk is enormus. Whether it's worth it or not is clearly up to individual speculation, however they get there. Research and DD seem to be a good idea. Never follow anyone... especially a mere hi skool gradiate entertaining himself. For the record I prefer, for my own entertainment, to be a bull in a china shop on this one. $$IQST$$
moneyman2013
6 days ago
lilllillliiilill: actually a $2 point would not work. As with most RS's that occur (not saying they are going to or even considering it), it sends a message to investors of "lack of confidence" in the stock or that it is a sign of distress.
Either way, in order to potentially get Nasdaq approval, the company would need to shoot above $4 because if it can close above $4 for 1 day, it would comply with uplisting requirements. $2 requires a 90 day window of staying above $2.
Given the market, and how bad investor confidence is at this time, it will be a while before a good solid rebound hits. Investors want stability, unless you're Warren Buffet with Billions and you love to see stocks slide south and have a buying campaign. Most investors get hurt during these times. Their portfolios (401K's) get hit, with the only upside being they can cost average. For those at retirement age, this hurts the most.
Best to all TRUE longs!