iQSTEL Projects $500M+ Revenue Run Rate, $8M EBITDA as Ultranet Deal Nears Close
IQST sits 22% above its 52-week low of $0.87 on light trading volume (0.1× avg).
Summary
iQSTEL disclosed first-half 2026 revenue of $207 million, putting it on a $400M+ annualized run rate before the Ultranet acquisition closes. The deal, expected this quarter, adds roughly $130M in annual revenue and $4.5M in net income, pushing the combined run rate above $500M. Management also guided to an adjusted EBITDA run rate exceeding $8M this quarter, with a path to $13-15M as it leverages its global platform for higher-margin digital services. This follows the binding MOU announced in June and the recent shareholder approval to exceed Nasdaq's issuance cap for the $50M equity line. The numbers provide concrete scale and profitability targets that materially upgrade the growth narrative, though the company's going-concern warning and dilutive financing remain key risks.
At the time of this announcement, IQST was trading at $1.06 on NASDAQ in the Technology sector, with a market capitalization of approximately $10.4M. The 52-week trading range was $0.87 to $8.81. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.