IQSTEL Reports Strong Q1-Q2 2025 Preliminary Net Revenue
IQSTEL Inc. (NASDAQ: IQST) is rapidly advancing its diversified business model, strategically positioned across high-growth sectors including telecommunications, fintech, electric vehicles, artificial intelligence (AI), and cybersecurity. The company has articulated a clear path to achieve significant financial milestones, including an annualized revenue run rate of $400 million by the end of 2025 and an ambitious goal of $1 billion in annual revenue by 2027. This growth trajectory is fueled by a combination of organic expansion, strategic acquisitions, and the development and sale of high-margin products.
IQSTEL has demonstrated strong financial performance in the first half of 2025. The company reported preliminary net revenue of $101.5 million for the period spanning January through May 2025, keeping it firmly on track to meet its full-year revenue forecast of $340 million. Historically, the second half of the year typically outperforms the first, and IQSTEL's business momentum is currently accelerating. Notably, May alone recorded $23.7 million in net revenue, with projections indicating a rise to $33 million in monthly net revenue by year-end, driven by ongoing organic growth and strategic integrations.
A significant catalyst for IQSTEL's growth is its strategic partnership with Cycurion Inc. (NASDAQ: CYCU). This collaboration, which is now entering an execution phase with a focus on product rollout and market deployment, aims to serve the global cybersecurity market with an AI-powered platform. The partnership is built upon six key pillars: developing advanced cybersecurity solutions for critical telecom carrier infrastructure, launching 'Cyber Shield' as a white-label cybersecurity platform for telecom operators, leveraging IQSTEL Intelligence (a proprietary AI platform) for Cycurion's operational optimization, and jointly developing an AI-Powered Next-Generation Cybersecurity Platform. This cutting-edge platform, led by IQSTEL’s Intelligence Division, is designed to enhance predictive protection and adaptive response against evolving cyber threats. Both companies are planning a commercial launch in the second half of 2025, positioning themselves to capitalize on the global cybersecurity market, which is projected to exceed $500 billion by 2030, driven by digital transformation and escalating cyber threats.
Further cementing its expansion, IQSTEL is set to integrate GlobeTopper, a dynamic fintech innovator, through a definitive agreement to acquire 51% ownership, effective July 1, 2025. GlobeTopper, which operates across America, Europe, and Africa, is projected to generate over $65 million in profitable revenue in 2025 alone. This acquisition is designed to globalize GlobeTopper’s innovative fintech products and services by leveraging IQSTEL's extensive commercial platform, which already connects with over 600 telecom operators worldwide. The deal is expected to significantly strengthen IQSTEL’s fintech division, contribute positive EBITDA, and reinforce the company's financial targets, including the $400 million revenue run rate and a targeted 80% telecom / 20% tech revenue mix by year-end. Additionally, IQSTEL plans to invest up to $1.2 million over the next two years to accelerate GlobeTopper’s growth and product roadmap, envisioning a convergence of fintech and telecommunications in high-value markets.
IQSTEL’s recent uplisting to NASDAQ has been met with strong market interest, reflected in robust daily trading volumes, which management views as a validation of the company's long-term value proposition. With a presence in over 20 countries across four continents and established relationships with a vast global customer base, IQSTEL is strategically positioned to deliver high-value, high-margin services. The company's ongoing rebrand program, focusing on fintech, AI, and cybersecurity, further underscores its commitment to addressing critical challenges across multiple industries and realizing its vision of becoming a $1 billion revenue company by 2027.