iQSTEL Inc
iQSTEL Inc is classified under Telecommunications Services / Integrated Telecommunications Services and appears not currently profitable on the latest normalized snapshot.
Business. iQSTEL Inc (IQST) is an integrated telecommunications services company that operates within the Telecommunications Services sector. The firm generates revenue primarily through a subscription-based model, focusing on key industry metrics such as wireless and broadband net adds, average revenue per user, and churn rates. iQSTEL is headquartered in the United States and its shares are listed on the Nasdaq stock exchange. Specific details regarding operating segments or geographic revenue breakdowns are not currently disclosed.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
3Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
iQSTEL Inc (IQST) has experienced no material changes in its fundamental profile or market signals during the recent reporting period. The internal analysis narrative and conclusion were revised with a high similarity score of 0.983, indicating that the core thesis remains unchanged despite minor adjustments to key takeaways. This stability is reflected in the absence of any new watcher signals or significant cross-source events. The company’s operational footprint remains static, with no reported changes in officer count, analyst coverage, or index membership. iQSTEL continues to be held by six top holders, suggesting a consistent shareholder base without recent shifts in major institutional interest. The lack of new analyst coverage or index inclusions further underscores the company’s current position outside of broader market momentum. Cross-source data from June 12 to July 2, 2026, shows zero daily dispatches, indicating a complete absence of news flow or sentiment-driven activity. This silence in the news cycle aligns with the static nature of the company’s reported metrics, reinforcing the view that no new catalysts have emerged to alter investor perception or valuation drivers. In summary, iQSTEL Inc remains in a holding pattern with no material developments to report. The minor revisions to the analytical narrative do not signal a shift in strategy or performance, and the lack of external signals suggests that the market is awaiting new information to drive any significant change in outlook. Investors should monitor for future filings or events that may break this period of inactivity.
Signals & dispatch
Composite-score breakdown
Synthesis
iQSTEL Inc (IQST) is an integrated telecommunications services company that operates within the Telecommunications Services sector. The firm generates revenue primarily through a subscription-based model, focusing on key industry metrics such as wireless and broadband net adds, average revenue per user, and churn rates. iQSTEL is headquartered in the United States and its shares are listed on the Nasdaq stock exchange. Specific details regarding operating segments or geographic revenue breakdowns are not currently disclosed.
iQSTEL Inc (IQST) is currently classified as Integrated Telecommunications Services within Integrated Telecommunications Services (Telecommunications Services). Classification confidence: 0.98 (rule-based classification). Capital structure on the latest snapshot: total assets 44,526,126 USD, total equity 14,298,738, short-term debt 4,862,497, long-term debt 29,394. Net cash position is approximately -2,294,304 USD. Self-calculated market cap is 6,396,224 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 97,919,836, gross profit 2,080,698, operating income -958,009, net income -1,385,936. Return on equity ~-59.5%. Return on assets ~-19.1%. Operating-cash-flow to net-income ratio is 0.45. Risk profile from automated assessment: liquidity risk high, dilution risk medium. Flags: Current liabilities exceed current assets.; Net cash is negative after subtracting total debt.; Filings reference going-concern or substantial-doubt language.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] ha_price_listing: ha_price_listing fired on IQST — basis={'bars_asof': '2026-07-13', 'basis_date': '2026-07-14', 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=IQST; metrics={'bars_asof': '2026-07-13', 'ref_price': 0.9601, 'basis_date': '2026-07-14', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=69d3f25b-f4a6-4c3d-8acd-82ca24bd5733; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-14). Additional context: ha_price_listing: basis={'bars_asof': '2026-07-13', 'basis_date': '2026-07-14', 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=IQST; metrics={'bars_asof': '2026-07-13', 'ref_price': 0.9601, 'basis_date': '2026-07-14', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=69d3f25b-f4a6-4c3d-8acd-82ca24bd5733; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing.
iQSTEL Inc (IQST) has experienced no material changes in its fundamental profile or market signals during the recent reporting period. The internal analysis narrative and conclusion were revised with a high similarity score of 0.983, indicating that the core thesis remains unchanged despite minor adjustments to key takeaways. This stability is reflected in the absence of any new watcher signals or significant cross-source events. The company’s operational footprint remains static, with no reported changes in officer count, analyst coverage, or index membership. iQSTEL continues to be held by six top holders, suggesting a consistent shareholder base without recent shifts in major institutional interest. The lack of new analyst coverage or index inclusions further underscores the company’s current position outside of broader market momentum. Cross-source data from June 12 to July 2, 2026, shows zero daily dispatches, indicating a complete absence of news flow or sentiment-driven activity. This silence in the news cycle aligns with the static nature of the company’s reported metrics, reinforcing the view that no new catalysts have emerged to alter investor perception or valuation drivers. In summary, iQSTEL Inc remains in a holding pattern with no material developments to report. The minor revisions to the analytical narrative do not signal a shift in strategy or performance, and the lack of external signals suggests that the market is awaiting new information to drive any significant change in outlook. Investors should monitor for future filings or events that may break this period of inactivity.
- Return on equity is about -59.5%.
- Debt to equity is about 0.34x.
- [TRIGGER] ha_price_listing: ha_price_listing fired on IQST — basis={'bars_asof': '2026-07-13', 'basis_date': '2026-07-14', 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=IQST; metrics={'bars_asof': '2026-07-13', 'ref_price': 0.9601, 'basis_date': '2026-07-14', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-14T21:41:22Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=69d3f25b-f4a6-4c3d-8acd-82ca24bd5733; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=IQST price below 1 ($0.9601) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-14)
- 3 Table of Contents IQSTEL INC Consolidated Balance Sheets (Unaudited) March 31, December 31, 2026 2025 ASSETS Current Assets Cash $ 2,597,587 $ 2,155,359 Accounts receivable, net 23,697,094 30,259,020 Inventory 30,658 30,658 Due from related parties 496,520 639,519 Prepaid and other current assets 2,904,623 3,077,868 Total Current Assets 29,726,482 36,162,424 Property and equipment, net 564,114 615,048 Intangible asset, net 6,837,091 6,957,404 Goodwill 5,790,049 5,790,049 Deferred tax assets 459,472 459,472 Other assets 1,148,918 1,103,538 TOTAL ASSETS $ 44,526,126 $ 51,087,935 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable $ 8,531,004 $ 9,167,288 Accrued and other current liabilities 14,577,738 19,050,496 Contract liabilities 1,111,441 1,391,377 Due to related parties 65,829 65,829 Loans payable - net of discount of $83,053 and $127,170, respectively 4,862,497 4,020,833 Loans payable - related parties 94,711 125,409 Contingent liability for acquisition of subsidiary 285,175 285,175 Stock payable for acquisition of subsidiary 500,000 500,000 Total Current Liabilities 30,028,395 34,606,407 Loans payable, non-current 29,394 31,302 Employee benefits, non-current 169,599 169,599 TOTAL LIABILITIES 30,227,388 34,807,308 Stockholders' Equity Preferred stock: 1,200,000 authorized; $ 0.001 par value Series A Preferred stock: 10,000 designated; $ 0.001 par value, 10,000 shares issued and outstanding 10 10 Series B Preferred stock: 200,000 designated; $ 0.001 par value, 59,276 shares issued and outstanding, respectively 59 59 Series C Preferred stock: 200,000 designated; $ 0.001 par value, No shares issued and outstanding — — Series D Preferred stock: 100,000 designated; $ 0.001 par value, 9,389 and 18,020 shares issued and outstanding, respectively 9 18 Common stock: 26,000,000 authorized; $ 0.001 par value 5,076,368 and 4,668,017 shares issued and outstanding, respectively 5,076 4,668 Additional paid in capital 54,460,136 54,455,615 Accumulated deficit ( 44,349,472 ) ( 42,991,879 ) Accumulated other comprehensive loss ( 25,340 ) ( 25,340 ) Equity attributed to stockholders of IQSTEL Inc.
- The Company is a technology company with a presence in 20 countries and approximately 100 employees that is offering leading-edge services through its three business divisions.
Bull / Bear case
Generated · model-assistedRevenue grew at a 40% CAGR from FY2023 to FY2025, demonstrating strong top-line expansion momentum.
The company maintains a low debt-to-equity ratio of 0.25, indicating conservative leverage relative to equity.
Gross profit increased to $9.5 million in FY2025, showing improved ability to generate profit from core operations.
Debt-to-equity of 0.34 ranks above the median of 0.42 in the integrated telecommunications cohort.
Capex to revenue ratio of 0.04% is significantly above the 75th percentile of the peer cohort.
The company faces high liquidity risk, signaling potential difficulties in meeting short-term financial obligations.
Free cash flow deteriorated to -$4.0 million in FY2025, reflecting worsening cash generation capabilities.
The company carries a medium dilution risk, which could negatively impact existing shareholder value.
In focus — financials by report
Revenue $97.9M; Operating income -$958.0k.
- ▍Revenue $97.9M
- ▍Operating income -$958.0k
- ▍Net margin -1.4%
Revenue $232.7M; Operating income -$1.8M.
- ▍Revenue $232.7M
- ▍Operating income -$1.8M
- ▍Net margin -2.5%
Revenue $129.8M; Operating income -$1.3M.
- ▍Revenue $129.8M
- ▍Operating income -$1.3M
- ▍Net margin -2.7%
Revenue $316.9M; Operating income -$4.3M.
- ▍Revenue $316.9M
- ▍Operating income -$4.3M
- ▍Net margin -2.7%
Revenue $283.2M; Operating income -$834.1k.
- ▍Revenue $283.2M
- ▍Operating income -$834.1k
- ▍Net margin -2.1%
Revenue $283.2M; Operating income -$834.1k.
- ▍Revenue $283.2M
- ▍Operating income -$834.1k
- ▍Net margin -1.8%
Revenue $144.5M; Operating income -$315.5k.
- ▍Revenue $144.5M
- ▍Operating income -$315.5k
- ▍Net margin -0.5%
Revenue $144.5M; Operating income -$315.5k.
- ▍Revenue $144.5M
- ▍Operating income -$315.5k
- ▍Net margin -0.5%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,69 |
| Revenue | —no estimate | —no estimate | 421,1M USD |
| Operating income | —no estimate | —no estimate | -2,4M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Current liabilities exceed current assets.
- Net cash is negative after subtracting total debt.
- Filings reference going-concern or substantial-doubt language.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Enterprise Valuemarket_cap - net_cash
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- iQSTEL Inc company facts · 2026-07-17
- iQSTEL Inc 10-Q 2026-05-20 · 2026-07-17
- iQSTEL Inc 10-K 2026-04-06 · 2026-07-17
- iQSTEL Inc 10-Q 2025-11-14 · 2026-07-17
- iQSTEL Inc 10-Q 2025-08-14 · 2026-07-17
- ha_price_listing fired on IQST · 2026-07-17
- iQSTEL Inc Market data — analyst estimates · 2026-07-17
- iQSTEL Inc HA canonical relationships · 2026-07-17
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
Insider activity
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
- Company share pct— → —medium
Evidence & claims
From filings & derived data- Cash & equivalents (annual): USD 2.16MUnknown
- Total liabilities (annual): USD 34.81MUnknown
- Revenue (annual): USD 316.9MUnknown
- Pre-tax income (annual): USD -8.39MUnknown
- Total operating expenses (annual): USD 13.71MUnknown
- Long-term debt (annual): USD 4.05MUnknown
- EPS (diluted) (annual): USD-PER-SHARES -3Unknown
- Total assets (annual): USD 51.09MUnknown
- Shares outstanding (annual): 4.67MUnknown
- Operating cash flow (annual): USD -3.84MUnknown
- Capex (annual): USD 113.02KUnknown
- Cost of revenue (annual): USD 307.44MUnknown
- Current liabilities (annual): USD 34.61MUnknown
- Operating income (annual): USD -4.25MUnknown
- Gross profit (annual): USD 9.46MUnknown
- Shareholders' equity (annual): USD 16.28MUnknown
- Net income (annual): USD -8.51MUnknown
- Current assets (annual): USD 36.16MUnknown
- Current assets (annual): USD 63.02MUnknown
- Total assets (annual): USD 79.01MUnknown
- Total operating expenses (annual): USD 9.11MUnknown
- Cost of revenue (annual): USD 274.95MUnknown
- Operating income (annual): USD -834.06KUnknown
- Net income (annual): USD -5.18MUnknown