IQSTEL Nears $1 Billion Revenue Goal Two Years Ahead of Schedule Through Strategic Acquisitions

IQSTEL Inc. (NASDAQ: IQST) is rapidly approaching its $1 billion revenue objective, with company leadership announcing they are two years ahead of their original 2027 target timeline. The multinational telecommunications and technology company, which serves 600 major telecom clients worldwide and reported $90 million in organic revenue last year, attributes this accelerated growth to its strategic acquisition strategy and operational efficiency measures.

Since its inception in 2018, IQSTEL has completed twelve strategic acquisitions across its telecommunications, fintech, and cybersecurity business segments. Chief Financial Officer Alvaro Quintana Cardona emphasized the company's disciplined approach to acquisitions, stating they seek companies that add shareholder value and possess strong, growable revenue streams. "Through all of our acquisitions, we have been increasing the value of the company. We have a stronger balance sheet with every acquisition," Cardona explained during a recent interview.

The company's growth strategy extends beyond acquisitions to include significant operational improvements. IQSTEL recently reduced its debt by $6.9 million, equivalent to approximately $2 per share, with more than half of this reduction achieved through conversion into preferred shares. Cardona described this move as demonstrating the company's long-term vision and financial discipline.

CEO Leandro Iglesias highlighted that IQSTEL is achieving this accelerated revenue growth without increasing operational expenses, projecting EBITDA of $20 to $30 million upon reaching the $1 billion revenue milestone. Despite this progress, Iglesias noted that the company's valuation hasn't yet reflected these improvements, creating what he described as a significant valuation gap compared to sector peers trading at 10X to 20X EBITDA multiples.

IQSTEL's diversified business model spans three high-growth technology sectors, positioning the company to capitalize on transformational trends in telecommunications, financial technology, and cybersecurity. The company's ability to maintain organic growth while strategically expanding through acquisitions demonstrates a balanced approach to scaling its platform of B2B businesses. This combination of revenue growth, debt reduction, and operational efficiency suggests IQSTEL is building sustainable value for shareholders while pursuing aggressive expansion targets.