iQSTEL Hits $450M Annualized Run Rate on $37.5M July Revenue
IQST is trading near its 52-week low of $0.87 (13% above the low).
Summary
iQSTEL reported July net revenue of $37.5 million, implying a $450 million annualized run rate and supporting its $430 million full-year target. This is the first monthly revenue disclosure and marks an acceleration from the $400M+ run rate cited in August. The company also reiterated the planned Ultranet acquisition, expected to add $4.5 million in net income, and provided an illustrative microdrama profit model of $1.8M-$3.6M annually at 300,000 subscribers. While the microdrama figures are explicitly not guidance, the July revenue print is a concrete data point that validates the growth narrative. Traders will focus on whether the run rate holds through Q3 and whether the Ultranet deal closes as expected.
At the time of this announcement, IQST was trading at $0.98 on NASDAQ in the Technology sector, with a market capitalization of approximately $10.5M. The 52-week trading range was $0.87 to $7.23. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.