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iQSTEL Inc (QX)

iQSTEL Inc (QX) (IQST)

0.17
0.0159
(10.32%)
Closed November 21 4:00PM

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Key stats and details

Current Price
0.17
Bid
0.1533
Ask
0.17
Volume
314,267
0.1491 Day's Range 0.17
0.1221 52 Week Range 0.395
Market Cap
Previous Close
0.1541
Open
0.16
Last Trade
2600
@
0.17
Last Trade Time
Financial Volume
$ 50,258
VWAP
0.15992
Average Volume (3m)
337,952
Shares Outstanding
186,176,651
Dividend Yield
-
PE Ratio
-20.00
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 $0.15. Over the last year, iQSTEL (QX) shares have traded in a share price range of $ 0.1221 to $ 0.395.

iQSTEL (QX) currently has 186,176,651 shares outstanding. The market capitalization of iQSTEL (QX) is $28.69 million. iQSTEL (QX) has a price to earnings ratio (PE ratio) of -20.00.

IQST Latest News

Shares of Telecom Firm Higher on Planned Strategic Announcement

As it prepares for its Nasdaq uplisting, shares of this telecom firm are on the upswing on news of a planned strategic acquisition. U.S.-based, multinational telecommunications and To read the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.013-7.103825136610.1830.1940.1456172840.15937643CS
4-0.0075-4.225352112680.17750.20340.1454336670.17513595CS
12-0.013-7.103825136610.1830.20340.1453379520.17229476CS
26-0.13795-44.79623315470.307950.320.1453215160.20229459CS
52-0.008-4.494382022470.1780.3950.12213855950.23316156CS
156-0.362-68.0451127820.5321.050.0825192470.362356CS
2600.03929.77099236640.13120.039864290.4079628CS

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IQST Discussion

View Posts
theSauceman theSauceman 17 hours ago
From StockInvest.us:
People also ask
Is IQST a good stock to buy?
iQSTEL Inc.

finds support from accumulated volume at $0.150 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.
👍️ 2 💯 2
oldman69 oldman69 17 hours ago
Don't you hate when people rub fortune in your face when they don't have a clue of your strategy? They're just bragging because they finally got lucky with something.
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oldman69 oldman69 17 hours ago
Don't you hate when people rub fortune in your face when they don't have a clue of your strategy? They're just bragging because they finally got lucky with something.
💯 1
wooferwax wooferwax 18 hours ago
So you are lurking around to watch the misfortunes of others. Got it. Rather be a sucker than one of those. Guess we won't be hearing from you again.
👍️ 2 💯 1
rayf rayf 1 day ago
Oh the reason I came back on this board is because I used to spend a lot of time here and I was just wondering how many people are still here beating a dead horse when there's so many more opportunities out there that are way more lucrative now I answered my question good luck suckers
👍️ 2
GigantorX GigantorX 1 day ago
When does the major huge REBRANDING start? Lololol.

Joining up with a pissant company staffed by Apollo people
 Yes, the same Apollo that IQSTEL used to screw over shareholders.

Lolol.
👍️ 2 😀 1 🤪 1
snow snow 1 day ago
the Sauceman I know about setbacks after investments i have made over a period of 50 years. I cannot know for sure that this company will not be a big success in a few years. But based on what has happened over the last few years I will be surprised if it is a big success in the stock market. What I am convinced about is that this stock will not be on NASDAQ next year without a reverse split.
🎱 1 👍️ 1
theSauceman theSauceman 2 days ago
Snow, I'm quite sure you and I will never see eye to eye. Costs do become significant at times. Have you ever built a company? Easily, I've thought to throw in the towel on my own venture more than once, while even I started to consider costs to be losses. But faith and persistance turn tables. If it were easy there would be no need for shareholders at all. I'm thankful for the forward progress and growth. Setbacks are to be expected and some fall-throughs too. Worry is not an option in a place where there is believing. Doubts at times, but not to worry. Worry is a clear sign to vacate the belief. So either I go or I stay. With $IQST$$ I'm in and staying in and looking forward to the big day at the bank.

STRICTLY IMO FOR ME AND MY ENTERTAINMENT. NO RECOMMENDATIONS. INVESTORS MAKE YOUR OWN DECISIONS AND CHOICES. GOOD FORTUNE TO YOU.
👍️ 4 💯 2
wooferwax wooferwax 2 days ago
Well, I am glad for your $400,000. So why bother coming to this board? You're out!
👍️ 1 👎️ 1 🤪 1
wooferwax wooferwax 2 days ago
I don't think the company is a scam, but their debt may get the better of them before they turn the corner we are all waiting on. What's worse is that is no reason to buy this stock until late February and an incentive to take the tax loss and wait the 30 days and rebuy then. I predict a dribble down to .12 then it will rebound for possible one last big run.
👍️ 1
GigantorX GigantorX 2 days ago
LoL. Okay. 

How many EV bikes have you produced? 

How's the SmartTank looking?

LDA Capital?

Can't wait for the R/S rollout!
👍️ 1
Leandroi2002 Leandroi2002 2 days ago
New post

$IQST - iQSTEL Weโ€™re excited to participate in the Lawful Telecommunications Interception Day 2024, a pivotal event focused on Telecommunications Regulations and compliance frameworks #nasdaq #otc #telecom #consolidation #leadership #revenue #billion #record #breaking #branding

https://x.com/iqstel/status/1858889977830015454?s=46
👍 3 💯 3
oldman69 oldman69 2 days ago
Cool! Now where's Shane?
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Big RDC Big RDC 2 days ago
HELL YEAH Joe and O69 $$$IQST$$$$ still with you Bros 💯💯
👍️ 3 💯 2
Joe99999! Joe99999! 2 days ago
Hell yeah O69!!!. Still here watching.
👍️ 3 💯 2
oldman69 oldman69 3 days ago
Big fan Steve, good to hear from you now and then with confirmation to my belief in the company. Keep up the great work. We'll be here for a couple years to watch the company grow. Hope to here from Joe99999999 as well. Hell yeah!!!
👍️ 3
Boiler_Master Boiler_Master 3 days ago
Not a fan of the latest ihub update. And it still hasn't let me block the known bashers which I find to be a waste of time reading/responding to so I usually just avoid ihub. A bit toxic here and to be honest I get very little from IQST message boards now days. It's not too often I learn anything new anymore, mostly people posting who haven't even read the filings and very little actual DD gets shared. Like the question about Lynk Telecom acquisition, the Q3 filing answered that question if you read it instead of just glancing at the numbers. But I'm still around, still holding. Nothing great to say about Q3 but they've had quarters dip before and made it up the next so I'm not overly concerned. I spoke with Leo about it and asked some tough questions, things seem to be fine. I'm still planning to hold for years and feel like it's not the best use of my time. Same with videos, putting everything together and editing takes half a day or longer. Just not dedicating as much time to it going forward. As much as bashers want everyone to believe I'm a "paid pumper" I assure you I'm not paid for anything lol and there are better ways to use my time.
👍️ 9 💯 4 🙈 2 🤢 2 🤥 1
snow snow 6 days ago
the Sauceman "the point can be reached where costs can become extreme and turn into losses. But IMO we are far from it." This company actually suffered a loss of about 800,000 dollars during the last quarter. This company is not far from losses. As far as disclosures are conterned: what happened to the acquisition that was supposed to have been finalized last summer???
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theSauceman theSauceman 6 days ago
pps 0.20+ $IQST. We'll see testing of that number. Bounces up and falls back down below that number... until volume can hold 1M+ daily. The company is building and growing. It costs money. Folks harping on the negative just don't get it. It's true, the point can be reached where costs can become extreme and turn into losses. But IMO we are far from it. The outcome from the expenditures is growth as I see it with IQST. And the growth exceeds the desire sought from the expenses. As with any investment there is risk, more so in pennyland. I feel confident with $IQST, dependent only on one thing. Truth in reporting. IQST's timeliness with diclosures and information is a positive to me. I expect their efforts are as much for us as they are for them. I accept the risk as reasonable and look forward to the success of $IQST.

HOPE YOU KNOW BY NOW STRICTLY MY OPINION FOR MY OWN ENTERTAINMENT. NO RECOMMENDATIONS OR ADVICE FROM ME. I'M NOT QUALIFIED.
👍️ 5 💥 1 💯 2
lishious lishious 6 days ago
Did boilerhyper take a vacation and leave his phone?
🎱 1 👍 3 😀 2 🤪 1
Big RDC Big RDC 7 days ago
Have buy at .16 bro $$$IQST$$$$
👍️ 1 💯 1
rwa3848 rwa3848 7 days ago
Are we really going to have to wait until December 18th for ADI to collect its last cache of shares issued monthly? Clearly, the investment bank decision is awaiting ADI fulfillment. I hope the deal is based on preferred shares with significantly delayed conversion optiions. Currently on my way to a jeweler to buy bread using 4 baskets full of shares. It is unsettling
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Fundamentals3 Fundamentals3 7 days ago
Management has a lot to do and should stop mentioning about Nasdaq. Hope the company can survive in the next few months if revenue continues to decline.
👍️ 2
Fundamentals3 Fundamentals3 7 days ago
Not a good 10Q. Company is on the wrong track. Significant revenue reduction compared to Q2. More debt with unreasonably high interest rates (2% a month. 92% for another loan). Continue to issue shares to cover operating losses. Interest expense is growing. Telecom is not a high margin business a but there is no new development of new products with high margin.
👍️ 1
theSauceman theSauceman 7 days ago
To be expected. In the midst of superficial blogging only visionaries move forward while its prosperous to do so... excuse me, I have to go find my wallet.

FOR MY EYES ONLY. DO NOT MOVE ON THIS. IT IS NO RECOMMENDATION OR ADVICE.
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lflhdy lflhdy 7 days ago
This actually would be a very good investment if they could just learn to say no to the terrible financing. 10 million in debt which includes 8 notes coming due every month starting in January. That is not counting the shares they are going to give away at .11. They need to can their finance officer. other than that it looks good. They would be profitable by 2 million a quarter and on Nasdaq.
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snow snow 7 days ago
mdb I it strange how slowly the market reacted to the quarterly report. Trading is picking up I notice.
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mdb1 mdb1 7 days ago
$.16s hit again
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theSauceman theSauceman 7 days ago
One key is applying mark up to interest as well as principle. We work for tomorrow, not today.

I LOVE ENTERTAINING MYSELF. NO ONE ELSE HEED THIS. IT'S MINE.
👍 1
theSauceman theSauceman 7 days ago
In my investments, interest becomes a part of doing business, or else I would never incur it in the first place. Vision considers all factors and requirements necessary to get to point B. Otherwise I'd just stand on point A scratching my head.
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theSauceman theSauceman 7 days ago
Exciting wooferwax! I'm with you all the way. Looking forward to a 4Q2xAve3!! Let's go $IQST$$! 🚀
👍️ 1 💯 1
snow snow 7 days ago
the Sauceman If a company buys another company and borrows the money for this purpose it will result in interest that has to be paid. Most of the loss in the third quarter seems owing to this interest. On the other hand, the company that was bought was supposed to be nicely profitable. If that had been the case those profits should have appeared in the bottom line. These profits seem to have more or less disappeared.
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theSauceman theSauceman 7 days ago
Tell me, snow, when you take on an expensive project, deciding to move forward and pour money into it, do you count it a loss? Only if you 1) fail or 2) give up and quit before completion. Or, look at your portfolio. If you are upside-down on anything, is it a loss? There is no loss apart from selling while it's down. The cost of doing business is the same. Not a loss, an investment. Sight creates losers, vision millionaires. IMO.

Invest, $IQST$$, Invest. Papa told us all at least once, "It takes money to make money."

STRICTLY, VERY STRICTLY, MY OPINION. FOR MY USE ONLY. I ADVISE, RECOMMEND AND GIVE NOTHING. MAKE THE BEST OF YOUR OWN MONEY. RISK IS AT LEAST AS HIGH AS POTENTIAL. GOOD LUCK AND GOD BLESS. MAY FORTUNE FIND ALL HERE, THERE OR SOMEWHERE ELSE.
👍️ 1
Frankher Frankher 7 days ago
iQSTEL is well-positioned for unprecedented success, with:
Record Revenue Growth: Revenue reached $184 million for the first nine months of 2024, an 89% increase year-over-year. The target for FY-2024 is $290 million in revenue.

Profitability in Telecom Division: The Telecom Division generated $548,274 in profit for Q3.

Nasdaq Uplisting Progress: iQSTELโ€™s stockholdersโ€™ equity has met Nasdaqโ€™s minimum requirements for uplisting. However, the company is still working to meet the necessary stock price threshold and finalize the selection of an investment bank to guide the uplisting process.

Innovation and High-Margin Products: The launch of AIRWEB.ai and plans to introduce a cybersecurity solution in Q1 FY-2025.

Cost-Saving Strategy: The consolidation of the Telecom Division is expected to save up to $2 million annually.

Global Presence: International Expansion: 100 employees across 20 countries, with 6 offices providing 24/7 support across 17 time zones.
Future Outlook:

$1 Billion Revenue Goal for 2027: iQSTEL is on track with its long-term vision, supported by strong financial foundations and the backing of shareholders and investors.
👍 4 💯 4
wooferwax wooferwax 7 days ago
Looks like the next Q and 10K filing should be IQSTEL's coming out party. 4th Quarter, I would think, will be profitable.
👎️ 1
snow snow 7 days ago
Frankher "The company has met the criteria necessary for listing on Nasdaq". As far as I am able to see your assertion is a blatant lie. The minimum requirement is a stock price about 10 times the current stock price"!
👍️ 1
snow snow 7 days ago
Last year there was a small profit in the third quarter. This quarter there was a net loss more than 10 times the net profit during the same quarter last year: "Net income (loss) $ (773,004 ) $ 45,909"

This does not seem to bode well for the stock price which has to be at least 2 dollars for admission to NASDAQ.
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Frankher Frankher 7 days ago
iQSTEL reports 89% revenue growth to $184 million, a clear reflection of the synergy between its global expansion strategy and a strong telecom division.

This performance is not merely linear growth, but rather an exponential process driven by the integration of its subsidiary QXTEL and a disciplined focus on cost optimization. 


The company has met the criteria necessary for listing on Nasdaq, a critical step in its ambition to become a $1 billion revenue company by 2027. 


Simultaneously, iQSTEL is strengthening its portfolio with high-margin AI and cybersecurity solutions, while continuously improving operational efficiency through global consolidation. 


This strategic approach, driven by a deep understanding of market dynamics and efficient financial management, positions iQSTEL on an accelerated growth trajectory, as does the principle of relativity: every breakthrough propels the company to a new level of success beyond expectations.
👍 4 💯 4
Leandroi2002 Leandroi2002 7 days ago
Our Telecom Division generated $548,274 in profit for Q3, confirming its role as a steady revenue source. We've launched a consolidation strategy within this division, with potential important savings. Recent actions in Q4 with SwissLink and QGlobal SMS are completely aligned with this strategy, and we are planning to begin to show its effects as early as Q4 of this year.
👍 3 💯 2 🗑️ 2
Leandroi2002 Leandroi2002 7 days ago
To remark

Notably, in FY-2024, our gross margin has shown consistent improvement, increasing from 2.68% in Q1 to 3.72% in Q3, a remarkable 39% increase within the year. This progress underscores our focus on efficiency and profitability as we scale.

Quarterly: In Q3, our operating loss narrowed to $56,553, bringing us closer to the profitability threshold. Our Telecom Division continues to be a robust profit engine, effectively covering the company's core expenses.

👍 3 💯 2 🗑️ 1 🤢 1
snow snow 7 days ago
Losses continue even at the operating level, which is not the bottom line: "Quarterly: In Q3, our operating loss narrowed to $56,553, bringing us closer to the profitability threshold."
👍 1
PaPaGriz PaPaGriz 7 days ago
I guess the Smart Tank business doesn't really contribute much to earnings. I don't see it mentioned much.
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Leandroi2002 Leandroi2002 7 days ago
News out

$IQST - iQSTEL Releases Q3 FY-2024 Shareholder Letter Highlighting Record Growth, Strategic Expansion, and Nasdaq Uplisting Progress #nasdaq #otc #earnings #record #uplisting #billion #telecom #brand #otcqx #hightech #highmargin #profit #double #AI #airweb

https://www.prnewswire.com/news-releases/iqst---iqstel-releases-q3-fy-2024-shareholder-letter-highlighting-record-growth-strategic-expansion-and-nasdaq-uplisting-progress-302305478.html?tc=eml_cleartime
👍 3 💯 3
sricket sricket 7 days ago
News !
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cootcat cootcat 1 week ago
Go HEAD BUY MORE that why price does really go up GREED. Every buyer has a seller. if it a person or the company. If person sell to make a little money Most likely he has too. If you are buying from the company. How much does a piece a paper cost? Money in their pocket.
👍️ 1 💯 1
wooferwax wooferwax 1 week ago
A fair argument against the company. However, they are growing and mistakes and misfortunes are going to happen along that journey.
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GigantorX GigantorX 1 week ago
Well, to be fair, LeoTardo and Co. did say a few qtrs ago that IQSTEL would be profitable "from here on our." As usual they lied, did a shitty conversion scheme, put out another bunch of fluff crap PR's and of course go into some ridiculous rebranding effort (using a company that is knee deep in Apollo the same capital group that used to screw us in the past) and you'll understand why we will hit them hard when the 10-Q posts a loss with more debt and more PR goobbletygook
👍️ 2 😀 1
theSauceman theSauceman 1 week ago
My bad. I calc'd investments in with expenses. In any case, a small net profit vs most penny stocks being negative on profit is positive as I prefer to see it.
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snow snow 1 week ago
the Sauceman " While I expect $IQST to invest gross profit, others seem to think they should just give it to them." It looks as if the poster mixup gross profits and net profits. It is net profits that can be invested or distributed to stock owners. Gross profits only represent a stage in calculating the real profits which is net profits. So far this company has generated next to no net profits.
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theSauceman theSauceman 1 week ago
You could be right. Sure makes "research" easy for them, then. Oh, well. I still appreciate the (A) info being published. I 'spose it is largely sales hype then. However, it carries weight being true. And gives us a firsthand look at IqsTel product in action. $IQST
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