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iQSTEL (IQST) Financials

iQSTEL logo
$0.92 -0.06 (-5.75%)
As of 04:00 PM Eastern
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Annual Income Statements for iQSTEL

Annual Income Statements for iQSTEL

This table shows iQSTEL's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 6/30/2016 6/30/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -0.03 -0.25 0.22 -5.46 -3.84 -2.98 -5.97 -0.76 -6.62 -9.86
Consolidated Net Income / (Loss)		 -0.03 -0.25 0.22 -5.44 -3.86 -7.70 -5.87 -0.22 -5.18 -8.51
Net Income / (Loss) Continuing Operations		 -0.03 -0.25 0.22 -5.44 -2.81 -2.98 -5.87 -0.22 -5.18 -8.51
Total Pre-Tax Income 		-0.03 -0.25 0.22 -5.44 -3.86 0.00 -5.87 -0.22 -4.79 -8.39
Total Operating Income		 -0.04 -0.17 0.32 -0.67 -2.98 -2.98 -3.19 -0.32 -0.83 -4.25
Total Gross Profit		 0.00 0.00 1.01 0.78 1.53 1.53 1.79 4.67 8.27 9.46
Total Revenue		 0.00 0.00 7.32 18 65 65 93 145 283 317
Operating Revenue		 0.00 0.00 7.32 18 65 65 93 145 283 317
Total Cost of Revenue		 0.00 0.00 6.30 17 63 63 91 140 275 307
Operating Cost of Revenue		 0.00 0.00 6.30 17 63 63 91 140 275 307
Total Operating Expenses		 0.04 0.17 0.70 1.45 4.52 0.00 4.98 4.99 9.11 14
Selling, General & Admin Expense		 0.04 0.15 0.70 1.45 4.52 4.52 4.98 4.99 9.11 12
Impairment Charge		 - - - - - - - - 0.00 2.17
Total Other Income / (Expense), net		 0.01 -0.07 -0.10 -4.77 -0.88 0.00 -2.67 0.10 -3.95 -4.14
Interest Expense		 -0.00 0.03 - 2.65 0.15 0.00 0.03 0.09 2.16 1.61
Other Income / (Expense), net		 0.00 -0.04 -0.02 -2.12 0.32 0.00 -2.64 0.19 -1.79 -2.52
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.39 0.12
Preferred Stock Dividends Declared		 - - - - - - - - 0.63 0.55
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - 0.02 -0.03 0.00 0.10 0.54 0.81 0.65
Weighted Average Basic Shares Outstanding		 400M 150.73M 10.42M 15.68M 63.94M 135.38M 151.85M 167.28M 2.31M 5.07M
Diluted Earnings per Share		 $0.00 $0.00 $0.02 ($0.35) ($0.03) $0.00 ($0.04) ($0.01) ($2.86) ($2.86)
Weighted Average Diluted Shares Outstanding		 400M 150.73M 10.42M 15.68M 63.94M 0.00 151.85M 167.28M 2.31M 5.07M
Weighted Average Basic & Diluted Shares Outstanding		 400M 150.73M 10.42M 15.68M 63.94M 135.38M 151.85M 167.28M 2.31M 3.45M

Quarterly Income Statements for iQSTEL

This table shows iQSTEL's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -0.12 -0.81 -2.01 -1.70 -2.10 -1.16 -2.41 -4.79 -1.50 -1.40 -2.66
Consolidated Net Income / (Loss)		 0.06 -0.58 -1.96 -0.77 -1.86 -1.14 -2.35 -2.33 -2.69 -1.39 -2.41
Net Income / (Loss) Continuing Operations		 0.06 -0.58 -1.96 -0.77 -1.86 -1.14 -2.35 -2.33 -2.69 -1.39 -2.41
Total Pre-Tax Income 		0.06 -0.58 -1.90 -0.70 -1.60 -1.12 -2.26 -2.25 -2.75 -1.37 -2.34
Total Operating Income		 0.18 -0.18 -0.34 -0.06 -0.25 -0.60 -0.66 -0.56 -2.43 -0.96 -1.12
Total Gross Profit		 1.64 1.38 2.16 2.02 2.71 1.93 1.87 2.74 2.91 2.08 2.75
Total Revenue		 47 51 79 54 99 58 72 103 84 98 109
Operating Revenue		 47 51 79 54 99 58 72 103 84 98 109
Total Cost of Revenue		 46 50 76 52 96 56 70 100 81 96 106
Operating Cost of Revenue		 46 50 76 52 96 56 70 100 81 96 106
Total Operating Expenses		 1.46 1.56 2.51 2.08 2.96 2.54 2.53 3.30 5.34 3.04 3.87
Selling, General & Admin Expense		 1.46 1.56 2.51 2.08 2.96 2.54 2.53 3.30 3.17 3.04 3.87
Total Other Income / (Expense), net		 -0.13 -0.40 -1.56 -0.65 -1.35 -0.52 -1.60 -1.69 -0.32 -0.41 -1.22
Interest Expense		 0.04 0.37 0.50 0.67 0.63 0.53 0.46 0.34 0.28 0.35 0.31
Other Income / (Expense), net		 -0.09 -0.03 -1.06 0.03 -0.73 0.01 -1.14 -1.35 -0.04 -0.06 -0.91
Income Tax Expense		 - 0.00 0.07 0.07 0.26 0.02 0.09 0.07 -0.06 0.02 0.06
Preferred Stock Dividends Declared		 - - - - - 0.00 0.00 - - -0.05 0.04
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.18 0.23 0.04 0.15 0.39 0.01 0.06 0.14 0.44 -0.03 0.22
Weighted Average Basic Shares Outstanding		 167.28M 2.19M 2.23M 2.30M 2.31M 2.63M 2.95M 4.30M 5.07M 6.74M 10.92M
Diluted Earnings per Share		 - ($0.37) ($0.90) ($0.40) ($1.19) ($0.44) ($0.82) ($0.68) ($0.92) ($0.29) ($0.38)
Weighted Average Diluted Shares Outstanding		 167.28M 2.19M 2.23M 2.30M 2.31M 2.63M 2.95M 4.30M 5.07M 6.74M 10.92M
Weighted Average Basic & Diluted Shares Outstanding		 167.28M 2.19M 2.23M 2.30M 2.31M 2.63M 2.95M 3.64M 3.45M 4.88M 6.94M

Annual Cash Flow Statements for iQSTEL

This table details how cash moves in and out of iQSTEL's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 6/30/2016 6/30/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 0.00 0.02 0.05 0.27 2.58 1.52 -3.21 -0.16 -0.81 4.76
Net Cash From Operating Activities		 -0.04 -0.15 -0.18 -1.24 -3.15 -3.15 -1.77 -1.48 -2.93 -3.84
Net Cash From Continuing Operating Activities		 -0.04 -0.15 -0.18 -1.24 -4.21 -4.21 -1.98 -1.66 -2.89 -3.84
Net Income / (Loss) Continuing Operations		 -0.03 -0.25 0.22 -5.44 -3.86 -3.86 -5.87 -0.22 -5.18 -8.51
Consolidated Net Income / (Loss)		 -0.03 -0.25 0.22 -5.44 -3.86 -3.86 -5.87 -0.22 -5.18 -8.51
Depreciation Expense		 - - 0.06 0.04 0.09 0.09 0.12 0.13 0.50 0.63
Amortization Expense		 - 0.02 - 1.94 0.45 0.45 0.01 0.04 1.10 0.46
Non-Cash Adjustments To Reconcile Net Income		 -0.01 0.04 0.00 0.00 0.89 0.89 0.09 0.03 0.71 4.92
Changes in Operating Assets and Liabilities, net		 0.00 0.03 -0.46 2.22 -1.78 -1.78 3.67 -1.64 -0.01 -1.34
Net Cash From Investing Activities		 0.00 0.00 0.00 0.15 -0.51 -0.51 -2.00 -0.33 -3.16 -0.24
Net Cash From Continuing Investing Activities		 0.00 0.00 0.00 0.15 -0.51 -0.51 -2.00 -0.33 -3.16 -0.24
Purchase of Property, Plant & Equipment		 - - - -0.03 -0.15 -0.15 -0.11 -0.22 -0.15 -0.11
Acquisitions		 - - - - -0.08 -0.08 -1.89 0.00 -2.96 -0.07
Purchase of Investments		 - - - - -0.22 -0.22 -0.00 -0.19 -0.09 -0.06
Sale and/or Maturity of Investments		 - - - - 0.00 0.00 0.00 0.08 0.03 0.00
Net Cash From Financing Activities		 0.04 0.17 0.22 1.36 6.25 6.25 1.77 1.83 7.24 3.73
Net Cash From Continuing Financing Activities		 0.00 0.17 0.22 1.36 6.75 6.25 0.77 1.83 5.24 8.85
Repayment of Debt		 0.00 -0.01 -0.12 -1.39 -0.19 -0.69 -0.23 -0.19 -3.17 0.61
Payment of Dividends		 - - - - - - - - 0.00 0.28
Issuance of Debt		 - 0.12 0.24 2.74 0.60 0.60 0.00 0.63 8.21 7.95
Issuance of Common Equity		 - 0.06 0.10 0.00 6.34 6.34 1.10 0.00 0.10 0.00
Other Financing Activities, net		 - - - 0.01 0.00 - -0.10 1.40 0.10 0.00
Cash Interest Paid		 0.00 0.00 0.08 0.68 0.13 0.13 0.00 0.05 0.88 0.53

Quarterly Cash Flow Statements for iQSTEL

This table details how cash moves in and out of iQSTEL's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -1.39 4.74 -6.37 0.39 0.43 -1.29 1.14 -0.93 0.50 0.44 0.73
Net Cash From Operating Activities		 -1.05 -0.54 -2.61 0.63 -0.40 -1.91 0.26 -0.95 -1.24 -0.18 -1.49
Net Cash From Continuing Operating Activities		 -1.23 -0.54 -2.61 0.63 -0.36 -1.91 0.26 -0.95 -1.24 0.01 -0.98
Net Income / (Loss) Continuing Operations		 0.06 -0.58 -1.96 -0.77 -1.86 -1.14 -2.35 -2.33 -2.69 -1.39 -2.41
Consolidated Net Income / (Loss)		 0.06 -0.58 -1.96 -0.77 -1.86 -1.14 -2.35 -2.33 -2.69 -1.39 -2.41
Depreciation Expense		 0.03 0.04 0.03 0.04 0.40 0.13 0.16 0.16 0.18 0.17 0.15
Non-Cash Adjustments To Reconcile Net Income		 -0.00 0.13 0.05 0.06 0.47 0.03 1.12 1.59 2.18 0.02 1.46
Changes in Operating Assets and Liabilities, net		 -1.32 -0.33 -0.99 0.92 0.40 -1.11 1.17 -0.42 -0.98 1.21 -0.35
Net Cash From Investing Activities		 0.01 -1.62 -1.10 -0.23 -0.21 -0.06 -0.12 -0.05 -0.02 -0.01 -0.01
Net Cash From Continuing Investing Activities		 -0.37 1.38 -4.10 -0.23 -0.21 -0.06 -0.07 -0.05 -0.02 -0.01 -0.01
Purchase of Property, Plant & Equipment		 -0.25 -0.07 -0.03 -0.03 -0.02 -0.05 -0.05 -0.02 -0.00 -0.00 -0.00
Purchase of Investments		 -0.19 -0.05 -0.06 -0.01 0.03 -0.01 -0.02 -0.01 -0.02 -0.01 -0.01
Net Cash From Financing Activities		 0.38 3.52 1.78 0.93 1.00 0.54 0.81 1.22 1.16 0.63 1.00
Net Cash From Continuing Financing Activities		 0.21 3.90 0.34 -0.00 1.00 0.68 0.95 0.07 1.76 0.81 1.35
Repayment of Debt		 -0.27 0.18 0.14 -1.87 -1.62 -0.87 -1.84 -2.26 0.19 -0.03 -0.04
Payment of Dividends		 - 0.00 - - - 0.07 0.07 0.07 0.07 0.09 0.17
Issuance of Debt		 0.23 3.72 0.70 1.69 2.10 1.48 2.72 2.25 1.50 0.75 1.05
Cash Interest Paid		 0.02 0.09 0.20 0.19 0.40 0.28 0.11 -0.04 0.19 0.24 0.23
Cash Income Taxes Paid		 - 0.00 - - - 0.11 - 0.09 - 0.00 0.09

Annual Balance Sheets for iQSTEL

This table presents iQSTEL's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 6/30/2016 6/30/2017 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 0.00 0.04 3.66 5.60 5.95 9.06 13 22 79 51
Total Current Assets		 0.00 0.04 3.34 3.44 3.58 6.57 6.44 16 63 36
Cash & Equivalents		 0.00 0.02 0.06 0.27 0.75 3.33 1.33 1.36 2.51 2.16
Accounts Receivable		 - 0.00 2.97 2.76 2.53 2.54 4.21 13 57 31
Inventories, net		 0.00 0.01 - - - 0.00 0.03 0.03 0.03 0.03
Prepaid Expenses		 0.00 0.00 0.30 0.09 0.08 0.27 0.55 1.45 2.68 3.08
Plant, Property, & Equipment, net		 0.00 0.00 0.32 0.29 0.35 0.41 0.40 0.52 0.56 0.62
Total Noncurrent Assets		 0.00 0.00 0.00 1.88 2.02 2.08 5.71 5.91 15 14
Goodwill		 - - - 1.46 1.54 1.54 5.17 5.17 6.75 5.79
Intangible Assets		 - - - 0.00 0.02 0.10 0.10 0.10 7.44 6.96
Noncurrent Deferred & Refundable Income Taxes		 - - - 0.42 0.46 0.45 0.44 0.43 0.24 0.46
Other Noncurrent Operating Assets		 - - - - - - 0.00 0.21 1.00 1.10
Total Liabilities & Shareholders' Equity		 0.00 0.04 3.66 5.60 5.95 9.06 13 22 79 51
Total Liabilities		 0.01 0.21 3.11 11 8.35 2.64 6.71 14 67 35
Total Current Liabilities		 0.01 0.08 3.02 11 7.91 2.36 6.45 14 64 35
Short-Term Debt		 0.00 0.03 0.11 1.34 1.59 0.32 0.12 0.62 4.35 4.09
Accounts Payable		 0.01 - 2.64 2.33 2.83 1.50 2.25 2.97 2.13 9.17
Accrued Expenses		 - 0.05 - - - 0.31 2.48 9.99 56 19
Other Current Liabilities		 0.00 - 0.26 7.48 3.49 0.24 1.59 0.26 1.72 1.80
Total Noncurrent Liabilities		 0.00 0.13 0.09 0.23 0.43 0.28 0.26 0.27 3.29 0.70
Noncurrent Employee Benefit Liabilities		 - - - 0.04 0.16 0.16 0.15 0.17 0.27 0.17
Other Noncurrent Operating Liabilities		 - 0.13 - - 0.27 0.12 0.11 0.10 0.00 0.53
Redeemable Noncontrolling Interest		 - - - - 0.00 - 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -0.01 -0.17 0.55 -9.73 -2.40 6.42 5.84 8.05 19 11
Total Preferred & Common Equity		 -0.01 -0.17 0.55 -5.77 -1.39 7.42 6.76 8.42 12 16
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -0.01 -0.17 0.55 -9.73 -1.39 7.42 6.76 8.42 14 11
Common Stock		 0.05 0.14 0.75 3.26 13 26 31 35 40 54
Retained Earnings		 -0.06 -0.31 -0.20 -8.13 -15 -19 -25 -26 -33 -43
Accumulated Other Comprehensive Income / (Loss)		 - - - -0.00 -0.07 -0.04 -0.03 -0.03 -0.03 -0.03
Other Equity Adjustments		 - - 0.00 -4.87 - 0.00 0.00 0.00 7.22 0.00
Noncontrolling Interest		 - - - - -1.01 -1.00 -0.92 -0.38 4.68 4.84

Quarterly Balance Sheets for iQSTEL

This table presents iQSTEL's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 18 22 30 32 42 51 47 45 48
Total Current Assets		 12 16 17 20 26 36 30 30 34
Cash & Equivalents		 2.00 2.73 0.80 2.13 1.09 2.04 2.26 2.60 2.09
Accounts Receivable		 7.64 9.00 14 15 22 31 24 24 28
Inventories, net		 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Prepaid Expenses		 1.70 1.98 1.97 1.89 2.33 2.15 2.90 2.90 3.20
Plant, Property, & Equipment, net		 0.46 0.56 0.58 0.58 0.60 0.61 0.67 0.56 0.50
Total Noncurrent Assets		 5.87 5.94 12 12 15 15 16 14 14
Goodwill		 5.17 5.17 11 11 6.75 6.75 7.96 5.79 5.79
Intangible Assets		 0.10 0.10 0.10 0.10 7.32 7.20 7.08 6.84 6.72
Noncurrent Deferred & Refundable Income Taxes		 0.44 0.43 0.43 0.43 0.24 0.24 0.24 0.46 0.46
Other Noncurrent Operating Assets		 0.16 0.24 0.98 0.99 1.06 1.05 1.10 1.15 1.20
Total Liabilities & Shareholders' Equity		 18 22 30 32 42 51 47 45 48
Total Liabilities		 10 14 22 24 30 37 29 30 31
Total Current Liabilities		 9.91 13 22 24 30 37 29 30 31
Short-Term Debt		 0.46 3.60 6.10 6.81 8.51 6.57 3.91 4.93 2.59
Accounts Payable		 4.01 1.61 7.51 8.76 8.84 9.35 7.94 8.53 12
Accrued Expenses		 5.20 8.01 5.50 6.30 12 21 15 15 14
Other Current Liabilities		 0.24 0.26 3.10 2.20 0.55 0.35 1.10 1.21 1.39
Total Noncurrent Liabilities		 0.25 0.26 0.21 0.28 0.18 0.28 0.79 0.70 1.20
Noncurrent Employee Benefit Liabilities		 0.16 0.17 0.21 0.28 0.18 0.28 0.26 0.17 0.17
Other Noncurrent Operating Liabilities		 0.09 0.09 0.00 0.00 - - 0.53 0.53 1.03
Redeemable Noncontrolling Interest		 0.00 0.00 - - 0.00 0.00 - - 0.00
Total Equity & Noncontrolling Interests		 7.96 8.52 7.57 7.57 6.86 9.53 13 10 13
Total Preferred & Common Equity		 8.53 8.37 7.20 8.09 12 14 18 14 17
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 8.53 8.52 7.20 7.57 6.86 9.53 13 10 13
Common Stock		 35 35 36 37 41 46 52 54 60
Retained Earnings		 -26 -27 -29 -30 -34 -36 -39 -44 -47
Accumulated Other Comprehensive Income / (Loss)		 -0.03 -0.03 -0.03 -0.03 -0.03 -0.03 -0.03 -0.03 -0.03
Other Equity Adjustments		 - 0.00 - - 0.00 0.00 - - 0.00
Noncontrolling Interest		 -0.56 0.15 -0.37 -0.52 4.70 4.75 4.68 4.21 4.43

Annual Metrics And Ratios for iQSTEL

This table displays calculated financial ratios and metrics derived from iQSTEL's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 6/30/2015 6/30/2016 6/30/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 400,000,000.00 100,000,000.00 354,188,708.00 15,022,650.00 16,166,291.00 85,373,720.00 141,717,358.00 155,320,975.00 171,529,630.00 186,176,651.00 4,299,375.00
DEI Adjusted Shares Outstanding		 400,000,000.00 100,000,000.00 354,188,708.00 15,022,650.00 16,166,291.00 85,373,720.00 141,717,358.00 155,320,975.00 171,529,630.00 186,176,651.00 4,299,375.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.00 0.00 - -0.34 -0.05 -0.02 -0.04 0.00 -0.04 -2.29
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -100.00% 0.00% 0.00% 0.00% 0.00% 258.83% 0.00% 44.05% 55.04% 96.00% 11.89%
EBITDA Growth		 -53.72% -886.95% 282.95% -99.09% -24,750.93% -162.62% -15.16% -133.80% 100.75% -2,497.94% -452.05%
EBIT Growth		 -53.72% -1,014.37% 235.06% -100.00% 0.00% 4.53% -12.08% -95.59% 97.87% -2,009.23% -157.91%
NOPAT Growth		 -53.72% -384.72% 359.01% -100.00% 0.00% -346.23% 0.00% -6.96% 90.11% -164.36% -409.79%
Net Income Growth		 -30.66% -1,290.96% 188.96% 0.00% 0.00% 29.01% -99.32% 23.84% 96.26% -2,260.61% -64.29%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 91.43% 100.00% 0.00% 75.00% -28,500.00% 0.00%
Operating Cash Flow Growth		 -2.20% -625.79% -23.48% 22.95% 0.00% -153.39% 0.00% 44.01% 15.93% -97.49% -31.21%
Free Cash Flow Firm Growth		 -316.21% 155.04% -929.74% -389.88% 589.49% -204.07% -39.87% 50.93% 16.21% -245.93% 55.72%
Invested Capital Growth		 77.27% -3,116.04% 519.50% 523.19% -663.64% 65.43% 318.14% 36.03% 57.87% 129.28% 8.74%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 85.49% -21.20% 12.41% 15.24% 22.31% -4.43%
EBITDA Q/Q Growth		 -38.76% -46.07% 231.03% -98.84% 0.00% -182.18% 23.97% -241.44% 100.84% -86.48% -49.34%
EBIT Q/Q Growth		 -38.76% -63.20% 208.07% -100.00% 0.00% -856.12% -10.11% -222.45% 97.65% -68.77% -28.31%
NOPAT Q/Q Growth		 -38.76% -60.57% 442.87% -100.00% 0.00% -11.00% -5.88% -55.45% 89.29% -109.50% -105.26%
Net Income Q/Q Growth		 -17.47% -70.67% 173.08% 0.00% 0.00% 1.37% -121.69% -9.18% 95.90% -58.80% -10.78%
EPS Q/Q Growth		 0.00% 0.00% 100.17% 0.00% 0.00% 83.33% -100.00% -233.33% 80.00% -71.26% -822.58%
Operating Cash Flow Q/Q Growth		 -18.83% -86.19% -62.64% 11.37% 0.00% -118.98% 23.34% 18.10% -108.73% 18.05% -27.91%
Free Cash Flow Firm Q/Q Growth		 -197.22% 50.73% -1,852.09% -950.76% 77.06% -17.50% -23.83% 44.90% -721.87% -51.18% 47.54%
Invested Capital Q/Q Growth		 3.70% -11.17% 412.96% 852.33% -58.74% -259.46% 3.50% -43.08% 13.81% 31.13% -7.95%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 13.87% 0.00% 4.33% 2.37% 2.37% 1.92% 3.23% 2.92% 2.98%
EBITDA Margin		 0.00% 0.00% 4.90% 0.00% -4.48% -3.28% -3.77% -6.12% 0.03% -0.36% -1.79%
Operating Margin		 0.00% 0.00% 4.33% 0.00% -3.71% -4.61% -4.61% -3.42% -0.22% -0.29% -1.34%
EBIT Margin		 0.00% 0.00% 4.04% 0.00% -15.47% -4.11% -4.61% -6.26% -0.09% -0.93% -2.14%
Profit (Net Income) Margin		 0.00% 0.00% 2.98% 0.00% -30.18% -5.97% -11.90% -6.29% -0.15% -1.83% -2.69%
Tax Burden Percent		 102.49% 100.00% 100.00% 0.00% 100.00% 100.00% 0.00% 100.00% 100.00% 108.23% 101.45%
Interest Burden Percent		 88.90% 223.73% 73.68% 0.00% 195.17% 145.13% 0.00% 100.51% 176.21% 182.21% 123.83%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 120.39% 0.00% 0.00% 0.00% -226.77% -55.66% -3.70% -4.85% -17.03%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% -9.78% 0.00% 0.00% 0.00% 287.32% 116.14% -3.85% 290.67% -268.61%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% -3.98% 0.00% 0.00% 0.00% -155.84% -40.06% 0.54% -33.28% -38.67%
Return on Equity (ROE)		 121.07% 534.16% 116.41% 0.00% 111.83% 63.72% -382.61% -95.72% -3.16% -38.14% -55.69%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -77.99% -123.63% 0.00% 0.00% -207.25% -86.18% -48.59% -83.38% -25.40%
Operating Return on Assets (OROA)		 0.00% 0.00% 16.00% 0.00% -99.55% -46.08% -39.76% -54.02% -0.72% -5.19% -10.41%
Return on Assets (ROA)		 0.00% 0.00% 11.79% 0.00% -194.28% -66.88% -102.61% -54.29% -1.26% -10.24% -13.08%
Return on Common Equity (ROCE)		 121.07% 552.55% 116.10% 0.00% 111.83% 58.43% -572.92% -110.72% -3.46% -32.09% -47.16%
Return on Equity Simple (ROE_SIMPLE)		 330.59% 141.19% 39.77% -419.88% 94.32% 278.27% -103.84% -86.77% -2.61% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -0.03 -0.12 0.32 0.00 -0.47 -2.09 -2.09 -2.23 -0.22 -0.58 -2.98
NOPAT Margin		 0.00% 0.00% 4.33% 0.00% -2.60% -3.23% -3.23% -2.40% -0.15% -0.21% -0.94%
Net Nonoperating Expense Percent (NNEP)		 2,461.10% 5,638.43% 130.17% 0.00% 180.17% 58.60% -514.09% -171.80% 0.15% -295.52% 251.58%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -2.55% -2.21% -19.17%
Cost of Revenue to Revenue		 0.00% 0.00% 86.13% 0.00% 95.67% 97.63% 97.63% 98.08% 96.77% 97.08% 97.02%
SG&A Expenses to Revenue		 0.00% 0.00% 9.54% 8.86% 8.04% 6.98% 6.98% 5.35% 3.45% 3.22% 3.64%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 9.54% 8.86% 8.04% 6.98% 0.00% 5.35% 3.45% 3.22% 4.33%
Earnings before Interest and Taxes (EBIT)		 -0.04 -0.22 0.30 0.00 -2.79 -2.66 -2.98 -5.84 -0.12 -2.63 -6.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -0.04 -0.20 0.36 0.00 -0.81 -2.12 -2.44 -5.71 0.04 -1.03 -5.69
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.16 2.98 0.03 1.29
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.88 7.96 1.76 0.00
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.04 0.20 0.00 0.30 0.17 0.00 0.05
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.61 3.28 0.59 1.18
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.11 0.19 0.00 0.28 0.17 0.04 0.07
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 557.95 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.40 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 -0.37 0.21 0.93 -0.16 -0.66 0.05 0.02 0.08 0.38 0.36
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 -0.02 0.00 0.00 0.00 0.00 0.16 0.00
Financial Leverage		 -0.01 -0.05 0.41 2.18 -0.57 -0.50 -0.54 -0.34 -0.14 -0.11 0.14
Leverage Ratio		 0.00 -0.40 9.87 8.42 -0.58 -0.95 3.73 1.76 2.50 3.72 4.26
Compound Leverage Factor		 0.00 -0.45 7.27 0.00 -1.12 -1.38 0.00 1.77 4.41 6.79 5.27
Debt to Total Capital		 0.00% -46.06% 17.24% 31.80% -18.65% -197.13% 4.68% 2.03% 7.17% 27.79% 26.31%
Short-Term Debt to Total Capital		 0.00% -46.06% 17.24% 31.80% -16.34% -196.78% 4.68% 2.03% 7.17% 16.42% 26.31%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% -2.31% -0.35% 0.00% 0.00% 0.00% 11.38% 0.00%
Preferred Equity to Total Capital		 0.00% -1.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 124.86% -14.79% -15.52% -4.36% 17.69% 31.15%
Common Equity to Total Capital		 100.00% 247.48% 82.76% 68.20% 118.65% 172.27% 110.10% 113.49% 97.19% 54.52% 73.68%
Debt to EBITDA		 0.00 -0.17 0.32 71.36 -1.90 -0.75 -0.13 -0.02 14.47 -7.14 -0.72
Net Debt to EBITDA		 0.00 -0.09 0.15 63.62 -1.56 -0.39 1.24 0.21 -17.25 -4.71 -0.34
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 -0.23 0.00 0.00 0.00 0.00 -2.92 0.00
Debt to NOPAT		 0.00 -0.45 0.36 -8.38 -3.27 -0.76 -0.15 -0.05 -2.81 -12.60 -1.37
Net Debt to NOPAT		 0.00 -0.12 0.17 -7.47 -2.69 -0.40 1.45 0.54 3.36 -8.30 -0.65
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 -0.40 0.00 0.00 0.00 0.00 -5.16 0.00
Altman Z-Score		 0.00 0.00 0.00 0.00 -2.07 5.98 0.00 5.67 6.02 2.89 4.88
Noncontrolling Interest Sharing Ratio		 0.00% -1.09% 0.27% 1.09% 0.00% 8.30% -49.74% -15.67% -9.38% 15.85% 15.32%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 0.93 1.11 2.31 0.31 0.45 2.78 1.00 1.14 0.99 1.05
Quick Ratio		 0.00 0.30 1.00 1.06 0.27 0.41 2.49 0.86 1.00 0.93 0.96
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -0.06 0.07 -0.54 -0.99 4.84 -5.04 -7.05 -3.46 -2.90 -10 -4.44
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% -3,886.73% -2,057.79% -2,057.79% -1,574.91% -674.32% -1,932.66% -3,401.94%
Free Cash Flow to Firm to Interest Expense		 0.00 2.50 0.00 0.00 1.82 -34.36 0.00 -116.72 -30.54 -4.64 -2.75
Operating Cash Flow to Interest Expense		 0.00 -11.19 0.00 0.00 -0.47 -21.49 0.00 -59.55 -15.63 -1.36 -2.38
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -11.19 0.00 0.00 -0.48 -22.53 0.00 -63.33 -17.95 -1.43 -2.45
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 3.96 11.20 6.44 11.20 8.62 8.63 8.33 5.60 4.87
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 24.47 25.53 27.62 17.26 8.13 7.20
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,252.34 9,517.25 10,028.12
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 202.67 170.29 230.02 312.77 522.16 538.56
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 24.49 29.16 48.68 53.57 107.92 54.43
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 14.91 14.30 13.22 21.15 44.91 50.71
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.04 0.04
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 14.90 12.52 7.50 6.81 3.38 6.71
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.01 1.78 5.72 14.41 41.57 44.04
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -0.01 -0.16 0.69 0.80 -4.51 -1.56 3.40 4.63 7.30 17 18
Invested Capital Turnover		 0.00 0.00 27.79 0.00 -9.72 -21.32 70.25 23.22 24.22 23.55 18.13
Increase / (Decrease) in Invested Capital		 0.03 -0.31 0.86 0.99 -5.31 2.95 4.96 1.23 2.68 9.44 1.46
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 1.93 13 0.00 26 24 9.96 22
Market Capitalization		 0.00 0.00 0.00 0.00 0.67 13 0.00 28 25 0.43 15
Book Value per Share		 $0.00 $0.00 $0.00 $0.00 ($0.60) ($0.02) $0.05 $0.04 $0.05 $0.08 $2.66
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $0.00 ($0.69) ($0.03) $0.04 $0.01 $0.02 $0.00 ($0.30)
Total Capital		 -0.01 -0.28 0.66 0.73 -8.20 -0.81 6.74 5.96 8.67 26 16
Total Debt		 0.00 0.03 0.11 0.23 1.53 1.59 0.32 0.12 0.62 7.36 4.09
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.19 0.00 0.00 0.00 0.00 3.01 0.00
Net Debt		 0.00 0.02 0.05 0.21 1.26 0.84 -3.02 -1.21 -0.74 4.85 1.93
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.03 0.15 0.15 0.11 0.22 0.15 0.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.01 -0.03 0.37 0.50 -6.64 -3.50 1.18 -1.22 1.14 1.03 3.49
Debt-free Net Working Capital (DFNWC)		 -0.01 -0.01 0.43 0.52 -6.37 -2.74 4.52 0.11 2.50 3.54 5.64
Net Working Capital (NWC)		 -0.01 -0.04 0.32 0.29 -7.71 -4.33 4.20 -0.02 1.88 -0.81 1.56
Net Nonoperating Expense (NNE)		 0.01 0.12 0.10 0.00 4.97 1.78 5.61 3.63 -0.00 4.60 5.53
Net Nonoperating Obligations (NNO)		 0.00 0.01 0.14 0.30 5.22 0.84 -3.02 -1.21 -0.74 -2.37 6.77
Total Depreciation and Amortization (D&A)		 0.00 0.02 0.06 0.00 1.98 0.54 0.54 0.13 0.17 1.60 1.09
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 5.08% 3.62% -36.81% -5.41% 1.83% -1.31% 0.79% 0.36% 1.10%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 5.92% 3.80% -35.31% -4.24% 6.98% 0.11% 1.73% 1.25% 1.78%
Net Working Capital to Revenue		 0.00% 0.00% 4.36% 2.11% -42.74% -6.69% 6.50% -0.02% 1.30% -0.28% 0.49%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 ($0.10) ($0.03) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 20.89K 7.87K 544.00 0.00 0.00 63.94M 135.38M 0.00 176.33M 210.71M 5.07M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 ($0.10) ($0.03) ($0.04) ($0.01) ($0.04) ($2.86)
Adjusted Weighted Average Diluted Shares Outstanding		 20.89K 7.87K 544.00 0.00 0.00 63.94M 135.38M 151.85M 176.33M 210.71M 5.07M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 ($0.10) ($0.03) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 20.89K 7.87K 19.79K 0.00 0.00 63.94M 135.38M 0.00 167.28M 182.21M 3.45M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.03 -0.12 0.22 0.00 -0.47 -2.09 -2.09 -2.23 -0.22 -0.58 -1.46
Normalized NOPAT Margin		 0.00% 0.00% 3.03% 0.00% -2.60% -3.23% -3.23% -2.40% -0.15% -0.21% -0.46%
Pre Tax Income Margin		 0.00% 0.00% 2.98% 0.00% -30.18% -5.97% 0.00% -6.29% -0.15% -1.69% -2.65%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 -16.85 0.00 0.00 -1.05 -18.15 0.00 -196.89 -1.31 -1.22 -4.20
NOPAT to Interest Expense		 0.00 -4.71 0.00 0.00 -0.18 -14.24 0.00 -75.37 -2.33 -0.27 -1.84
EBIT Less CapEx to Interest Expense		 0.00 -16.85 0.00 0.00 -1.06 -19.19 0.00 -200.67 -3.63 -1.29 -4.27
NOPAT Less CapEx to Interest Expense		 0.00 -9.42 0.00 0.00 -0.19 -15.28 0.00 -79.16 -4.65 -0.34 -1.91
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.34%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.34%

Quarterly Metrics And Ratios for iQSTEL

This table displays calculated financial ratios and metrics derived from iQSTEL's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 171,529,630.00 176,329,933.00 176,834,984.00 183,532,742.00 186,176,651.00 210,710,170.00 2,898,896.00 3,607,267.00 4,299,375.00 5,070,743.00 6,735,946.00
DEI Adjusted Shares Outstanding		 171,529,630.00 176,329,933.00 176,834,984.00 183,532,742.00 186,176,651.00 210,710,170.00 2,898,896.00 3,607,267.00 4,299,375.00 5,070,743.00 6,735,946.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.00 -0.01 -0.01 -0.01 -0.01 -0.83 -1.33 -0.35 -0.28 -0.40
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 67.88% 108.44% 139.56% 36.45% 109.34% 12.09% -8.21% 89.62% -14.86% 69.90% 51.10%
EBITDA Growth		 102.67% 123.25% -1,008.95% 203.81% -354.17% -1,090.50% -33.54% -535.46% -548.07% -203.58% -26.81%
EBIT Growth		 101.81% -38.39% -890.90% -138.85% -1,162.52% -175.75% -28.20% -6,039.12% -152.78% -72.16% -12.89%
NOPAT Growth		 110.74% 42.23% -35.37% -155.95% -195.86% -229.36% -91.82% -888.60% -865.44% -58.55% -70.80%
Net Income Growth		 101.08% -265.32% -1,114.95% -1,783.77% -3,479.71% -97.25% -19.61% -200.89% -44.45% -21.10% -2.41%
EPS Growth		 0.00% -265.32% 0.00% -3,900.00% 0.00% -18.92% 8.89% -70.00% 22.69% 34.09% 53.66%
Operating Cash Flow Growth		 -279.89% -372.31% -184.66% 118.01% 61.52% -255.19% 109.85% -252.48% -207.83% 90.80% -678.89%
Free Cash Flow Firm Growth		 15.12% -141.11% -503.79% -459.10% -285.75% -115.99% 15.69% -15.81% 67.09% 113.75% 104.76%
Invested Capital Growth		 57.87% 97.85% 130.63% 99.00% 129.28% 105.25% 45.75% 54.91% 8.74% -10.89% -5.79%
Revenue Q/Q Growth		 18.86% 8.81% 52.94% -31.01% 82.34% -41.74% 25.25% 42.51% -18.13% 16.27% 11.39%
EBITDA Q/Q Growth		 4.53% -79.13% -4,033.45% 135.40% -187.45% 18.65% -430.33% -15.43% -30.14% 61.89% -121.52%
EBIT Q/Q Growth		 14.89% -333.26% -553.12% 97.78% -3,041.92% 39.46% -203.65% -6.30% -29.37% 58.77% -99.12%
NOPAT Q/Q Growth		 160.05% -169.79% -86.48% 83.47% -345.52% -139.81% -8.61% 14.80% -335.08% 60.62% -16.99%
Net Income Q/Q Growth		 20.07% -1,152.62% -238.48% 60.64% -141.00% 38.57% -105.24% 0.98% -15.70% 48.50% -73.57%
EPS Q/Q Growth		 0.00% 0.00% -143.24% 55.56% -197.50% 63.03% -86.36% 17.07% -35.29% 68.48% -31.03%
Operating Cash Flow Q/Q Growth		 -465.92% 48.82% -387.03% 123.90% -164.58% -372.43% 113.51% -469.84% -30.38% 85.88% -750.24%
Free Cash Flow Firm Q/Q Growth		 -240.07% -88.56% -60.17% 15.11% -50.46% -5.58% 37.48% -16.61% 57.24% 144.12% -78.35%
Invested Capital Q/Q Growth		 13.81% 26.61% 39.21% -0.79% 31.13% 13.34% -1.14% 5.44% -7.95% -7.12% 4.51%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 3.48% 2.68% 2.75% 3.72% 2.74% 3.36% 2.59% 2.66% 3.46% 2.12% 2.52%
EBITDA Margin		 0.29% 0.05% -1.41% 0.72% -0.35% -0.48% -2.05% -1.66% -2.64% -0.86% -1.72%
Operating Margin		 0.39% -0.36% -0.44% -0.10% -0.25% -1.05% -0.91% -0.54% -2.89% -0.98% -1.03%
EBIT Margin		 0.19% -0.42% -1.78% -0.06% -0.99% -1.03% -2.49% -1.86% -2.94% -1.04% -1.86%
Profit (Net Income) Margin		 0.12% -1.13% -2.50% -1.42% -1.88% -1.99% -3.25% -2.26% -3.20% -1.42% -2.21%
Tax Burden Percent		 100.00% 100.00% 103.44% 109.90% 116.16% 101.83% 104.06% 103.19% 97.73% 101.13% 102.65%
Interest Burden Percent		 59.87% 270.19% 135.37% 2,259.34% 163.96% 189.79% 125.53% 117.93% 111.36% 134.43% 115.45%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 9.43% -6.14% -7.16% -1.76% -4.20% -15.05% -11.38% -7.75% -36.65% -13.63% -15.56%
ROIC Less NNEP Spread (ROIC-NNEP)		 22.65% 91.11% -80.43% -41.82% 104.24% -26.28% -37.39% -40.49% -81.58% -21.18% -38.46%
Return on Net Nonoperating Assets (RNNOA)		 -3.18% -5.70% -27.54% -9.86% -11.94% -21.95% -31.76% -23.07% -11.74% -23.67% -24.43%
Return on Equity (ROE)		 6.25% -11.84% -34.70% -11.62% -16.14% -37.00% -43.15% -30.82% -48.40% -37.30% -39.99%
Cash Return on Invested Capital (CROIC)		 -48.59% -67.53% -81.07% -69.12% -83.38% -75.18% -44.18% -51.99% -25.40% -6.44% -13.51%
Operating Return on Assets (OROA)		 1.62% -4.09% -17.87% -0.53% -5.54% -9.27% -17.32% -15.53% -14.30% -8.59% -14.73%
Return on Assets (ROA)		 0.97% -11.04% -25.02% -13.05% -10.54% -17.92% -22.63% -18.90% -15.57% -11.68% -17.45%
Return on Common Equity (ROCE)		 6.84% -12.42% -35.44% -12.04% -13.58% -37.00% -42.21% -30.82% -40.98% -37.30% -39.99%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -7.65% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 0.18 -0.13 -0.24 -0.04 -0.18 -0.42 -0.46 -0.39 -1.70 -0.67 -0.78
NOPAT Margin		 0.39% -0.25% -0.30% -0.07% -0.18% -0.73% -0.64% -0.38% -2.02% -0.68% -0.72%
Net Nonoperating Expense Percent (NNEP)		 -13.22% -97.25% 73.27% 40.06% -108.44% 11.23% 26.00% 32.74% 44.93% 7.55% 22.90%
Return On Investment Capital (ROIC_SIMPLE)		 2.12% -1.06% -1.75% -0.28% -0.67% -2.75% -2.85% -2.29% -10.96% -4.47% -5.11%
Cost of Revenue to Revenue		 96.52% 97.32% 97.25% 96.28% 97.26% 96.64% 97.41% 97.34% 96.54% 97.88% 97.48%
SG&A Expenses to Revenue		 3.09% 3.04% 3.19% 3.83% 2.99% 4.41% 3.50% 3.21% 3.77% 3.10% 3.55%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 3.09% 3.04% 3.19% 3.83% 2.99% 4.41% 3.50% 3.21% 6.34% 3.10% 3.55%
Earnings before Interest and Taxes (EBIT)		 0.09 -0.21 -1.40 -0.03 -0.98 -0.59 -1.80 -1.91 -2.47 -1.02 -2.03
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 0.13 0.03 -1.11 0.39 -0.34 -0.28 -1.48 -1.71 -2.22 -0.85 -1.88
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.98 8.01 0.06 0.06 0.03 0.07 2.95 2.12 1.29 1.06 0.99
Price to Tangible Book Value (P/TBV)		 7.96 21.01 0.00 0.00 1.76 0.00 0.00 0.00 0.00 0.00 51.44
Price to Revenue (P/Rev)		 0.17 0.40 0.00 0.00 0.00 0.00 0.10 0.08 0.05 0.03 0.03
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 3.28 7.49 0.42 0.36 0.59 0.66 2.00 1.73 1.18 1.02 0.99
Enterprise Value to Revenue (EV/Rev)		 0.17 0.40 0.02 0.02 0.04 0.04 0.13 0.10 0.07 0.05 0.04
Enterprise Value to EBITDA (EV/EBITDA)		 557.95 360.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.08 0.42 0.81 0.90 0.38 1.24 0.69 0.30 0.36 0.49 0.20
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.16 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.14 -0.06 0.34 0.24 -0.11 0.84 0.85 0.57 0.14 1.12 0.64
Leverage Ratio		 2.50 2.36 3.15 3.26 3.72 4.17 4.76 3.82 4.26 5.11 4.47
Compound Leverage Factor		 1.50 6.37 4.27 73.56 6.11 7.91 5.97 4.51 4.74 6.86 5.16
Debt to Total Capital		 7.17% 29.70% 44.62% 47.36% 27.79% 55.37% 40.78% 22.87% 26.31% 32.81% 16.88%
Short-Term Debt to Total Capital		 7.17% 29.70% 44.62% 47.36% 16.42% 55.37% 40.78% 22.87% 26.31% 32.81% 16.88%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 11.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -4.36% 1.22% -2.72% -3.64% 17.69% 30.55% 29.53% 27.40% 31.15% 28.02% 28.85%
Common Equity to Total Capital		 97.19% 70.30% 52.66% 52.64% 54.52% 44.63% 59.22% 77.13% 73.68% 67.19% 83.12%
Debt to EBITDA		 14.47 18.73 -7.48 -12.32 -7.14 -6.36 -3.84 -1.03 -0.72 -0.75 -0.40
Net Debt to EBITDA		 -17.25 4.55 -6.50 -8.48 -4.71 -5.55 -2.65 -0.43 -0.34 -0.36 -0.08
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 -2.92 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -2.81 -28.35 -32.18 -24.43 -12.60 -9.69 -5.98 -2.69 -1.37 -1.53 -0.73
Net Debt to NOPAT		 3.36 -6.88 -27.97 -16.81 -8.30 -8.45 -4.12 -1.14 -0.65 -0.72 -0.14
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 -5.16 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 6.06 9.11 5.55 5.70 2.96 5.60 4.82 6.38 5.16 6.76 6.98
Noncontrolling Interest Sharing Ratio		 -9.38% -4.84% -2.14% -3.64% 15.85% 0.00% 2.17% 0.00% 15.32% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.14 1.16 0.78 0.82 0.99 0.86 0.97 1.04 1.05 0.99 1.09
Quick Ratio		 1.00 0.87 0.66 0.71 0.93 0.76 0.89 0.94 0.96 0.89 0.98
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -2.49 -4.70 -7.53 -6.39 -9.62 -10 -6.35 -7.40 -3.17 1.40 0.30
Operating Cash Flow to CapEx		 -428.03% -749.19% -8,219.54% 2,046.48% -2,292.97% -3,877.29% 560.11% -5,878.95% -76,700.74% -12,540.89% -88,582.36%
Free Cash Flow to Firm to Interest Expense		 -67.51 -12.87 -15.18 -9.51 -15.38 -19.10 -13.83 -21.61 -11.27 3.98 0.96
Operating Cash Flow to Interest Expense		 -28.40 -1.47 -5.27 0.93 -0.65 -3.59 0.56 -2.78 -4.42 -0.50 -4.76
Operating Cash Flow Less CapEx to Interest Expense		 -35.03 -1.67 -5.34 0.88 -0.67 -3.68 0.46 -2.83 -4.43 -0.50 -4.76
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 8.33 9.78 10.02 9.16 5.60 9.03 6.95 8.36 4.87 8.25 7.91
Accounts Receivable Turnover		 17.26 26.41 23.20 20.47 8.13 18.69 12.75 17.02 7.20 15.65 13.40
Inventory Turnover		 5,252.34 6,272.76 7,659.55 7,765.77 9,517.25 9,744.44 9,530.52 10,514.30 10,028.12 11,337.45 12,512.01
Fixed Asset Turnover		 312.77 345.05 410.77 444.54 522.16 497.40 474.53 530.83 538.56 611.40 710.41
Accounts Payable Turnover		 53.57 85.68 41.31 35.13 107.92 53.68 32.55 38.61 54.43 40.02 35.71
Days Sales Outstanding (DSO)		 21.15 13.82 15.73 17.83 44.91 19.52 28.63 21.44 50.71 23.33 27.25
Days Inventory Outstanding (DIO)		 0.07 0.06 0.05 0.05 0.04 0.04 0.04 0.03 0.04 0.03 0.03
Days Payable Outstanding (DPO)		 6.81 4.26 8.84 10.39 3.38 6.80 11.21 9.45 6.71 9.12 10.22
Cash Conversion Cycle (CCC)		 14.41 9.62 6.94 7.48 41.57 12.76 17.46 12.02 44.04 14.24 17.05
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 7.30 9.25 13 13 17 19 19 20 18 17 18
Invested Capital Turnover		 24.22 24.60 23.52 24.13 23.55 20.51 17.89 20.37 18.13 19.90 21.63
Increase / (Decrease) in Invested Capital		 2.68 4.57 7.29 6.35 9.44 9.73 5.89 7.01 1.46 -2.07 -1.09
Enterprise Value (EV)		 24 69 5.36 4.60 9.96 13 37 34 22 17 18
Market Capitalization		 25 68 0.42 0.44 0.43 0.49 28 28 15 11 13
Book Value per Share		 $0.05 $0.05 $0.04 $0.04 $0.08 $0.04 $3.29 $3.65 $2.66 $2.35 $1.89
Tangible Book Value per Share		 $0.02 $0.02 ($0.02) ($0.02) $0.00 ($0.04) ($1.52) ($0.52) ($0.30) ($0.59) $0.04
Total Capital		 8.67 12 14 14 26 15 16 17 16 15 15
Total Debt		 0.62 3.60 6.10 6.81 7.36 8.51 6.57 3.91 4.09 4.93 2.59
Total Long-Term Debt		 0.00 0.00 0.00 0.00 3.01 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -0.74 0.87 5.30 4.68 4.85 7.43 4.53 1.65 1.93 2.33 0.50
Capital Expenditures (CapEx)		 0.25 0.07 0.03 0.03 0.02 0.05 0.05 0.02 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 1.14 3.01 0.32 0.28 1.03 3.19 3.24 2.74 3.49 2.03 3.21
Debt-free Net Working Capital (DFNWC)		 2.50 5.73 1.12 2.41 3.54 4.28 5.28 5.00 5.64 4.63 5.30
Net Working Capital (NWC)		 1.88 2.14 -4.98 -4.40 -0.81 -4.24 -1.29 1.10 1.56 -0.30 2.71
Net Nonoperating Expense (NNE)		 0.13 0.45 1.72 0.73 1.69 0.72 1.89 1.93 0.99 0.72 1.62
Net Nonoperating Obligations (NNO)		 -0.74 0.73 5.30 5.21 -2.37 12 9.23 6.61 6.77 6.82 4.92
Total Depreciation and Amortization (D&A)		 0.04 0.24 0.29 0.42 0.64 0.31 0.32 0.20 0.25 0.17 0.15
Debt-free, Cash-free Net Working Capital to Revenue		 0.79% 1.76% 0.15% 0.12% 0.36% 1.10% 1.14% 0.83% 1.10% 0.57% 0.81%
Debt-free Net Working Capital to Revenue		 1.73% 3.35% 0.52% 1.04% 1.25% 1.48% 1.86% 1.51% 1.78% 1.30% 1.34%
Net Working Capital to Revenue		 1.30% 1.25% -2.29% -1.90% -0.28% -1.46% -0.46% 0.33% 0.49% -0.08% 0.69%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 167.28M 2.21M 183.53M 186.18M 2.31M 2.90M 3.61M 4.30M 5.07M 6.74M 10.92M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.01) ($0.01) ($1.19) ($0.44) ($0.82) ($0.68) ($0.92) ($0.29) ($0.38)
Adjusted Weighted Average Diluted Shares Outstanding		 167.28M 2.21M 183.53M 186.18M 2.31M 2.90M 3.61M 4.30M 5.07M 6.74M 10.92M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 167.28M 2.19M 178.45M 184.28M 2.31M 2.63M 2.95M 3.64M 3.45M 4.88M 6.94M
Normalized Net Operating Profit after Tax (NOPAT)		 0.13 -0.13 -0.24 -0.04 -0.18 -0.42 -0.46 -0.39 -1.70 -0.67 -0.78
Normalized NOPAT Margin		 0.27% -0.25% -0.30% -0.07% -0.18% -0.73% -0.64% -0.38% -2.02% -0.68% -0.72%
Pre Tax Income Margin		 0.12% -1.13% -2.41% -1.30% -1.62% -1.95% -3.13% -2.19% -3.27% -1.40% -2.15%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 2.49 -0.59 -2.83 -0.05 -1.56 -1.11 -3.92 -5.58 -8.80 -2.90 -6.47
NOPAT to Interest Expense		 4.98 -0.35 -0.48 -0.06 -0.28 -0.80 -1.00 -1.14 -6.06 -1.91 -2.50
EBIT Less CapEx to Interest Expense		 -4.14 -0.78 -2.89 -0.09 -1.59 -1.21 -4.02 -5.63 -8.81 -2.91 -6.48
NOPAT Less CapEx to Interest Expense		 -1.65 -0.55 -0.55 -0.10 -0.31 -0.89 -1.10 -1.19 -6.07 -1.91 -2.51
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 1.20% 2.24% 0.00% 3.34% 3.51% 4.69%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 1.20% 2.24% 0.00% 3.34% 3.51% 4.69%

Financials Breakdown Chart

Key Financial Trends

iQSTEL’s recent financial profile shows strong top-line growth, but profitability and cash generation remain weak. Revenue reached $109.1 million in Q2 2026, the highest quarterly level in the provided data and up 51% from $72.2 million in Q2 2025. However, the company continues to report operating and net losses, while its cash balance remains modest relative to accounts receivable and current liabilities.

  • Revenue growth remains substantial. Quarterly revenue increased from $39.8 million in Q3 2023 to $109.1 million in Q2 2026. Q2 2026 revenue also exceeded Q1 2026 revenue by 11.4% and Q2 2025 revenue by 51%.
  • Short-term debt has declined from 2025 levels. Short-term debt was $2.6 million at June 30, 2026, down from $6.6 million at June 30, 2025, and $8.5 million at March 31, 2025.
  • Interest expense improved year over year. Q2 2026 interest expense was $313,626, compared with $459,118 in Q2 2025 and $496,080 in Q2 2024. This suggests lower financing costs than in the prior two comparable quarters.
  • Accounts receivable has expanded alongside revenue. Accounts receivable increased to $28.2 million at June 30, 2026, from $23.7 million at March 31, 2026. While this creates collection risk, it also represents a larger potential source of operating cash if converted efficiently.
  • Gross margins have been consistently thin. Q2 2026 gross profit was $2.7 million, representing a gross margin of approximately 2.5%. This was similar to the 2.6% margin in Q2 2025 and 2.8% in Q2 2024, indicating that revenue growth has not yet translated into meaningful gross-profit expansion.
  • Liquidity is positive but limited. Current assets of $33.5 million exceeded current liabilities of $30.8 million at June 30, 2026, implying a current ratio of approximately 1.1. However, only $2.1 million of current assets was cash, with most of the balance concentrated in accounts receivable and prepaid expenses.
  • Operating losses have persisted for most of the period. iQSTEL reported an operating loss of $1.1 million in Q2 2026, compared with losses of $958,009 in Q1 2026, $2.4 million in Q4 2025, and $559,083 in Q3 2025. The company has not demonstrated sustained operating profitability in the provided quarterly data.
  • Net losses remain significant. Consolidated net loss was $2.4 million in Q2 2026, compared with $1.4 million in Q1 2026 and $2.3 million in Q2 2025. The Q2 2026 loss attributable to common shareholders was $2.7 million, or $0.38 per diluted share.
  • Cash flow from operations remains volatile and generally negative. Q2 2026 operating cash flow was negative $1.5 million after negative operating cash flow of $175,447 in Q1 2026 and negative $1.2 million in Q4 2025. The company generated positive operating cash flow in Q2 2025 and Q3 2024, but those gains have not been consistent.
  • The company continues to rely on financing to support cash balances. iQSTEL reported $1.05 million of debt issuance in Q2 2026 and $750,000 in Q1 2026. Financing activities have frequently offset operating and investing cash outflows, increasing dependence on external capital while the business remains unprofitable.

Another concern is the company’s accumulated deficit. Retained earnings were negative $47.0 million at June 30, 2026, compared with negative $36.4 million at June 30, 2025. Total liabilities of $31.0 million also remained substantially above common equity of $12.8 million. Although total assets have grown considerably from 2023 levels, a large portion consists of receivables, goodwill and intangible assets rather than cash.

Share-count data also warrants close attention. Weighted average diluted shares increased to 10.9 million in Q2 2026 from 3.0 million in Q2 2025 and 2.2 million in Q2 2024. This substantial increase can dilute existing shareholders and helps explain why per-share losses remain a major investor consideration despite revenue growth.

Overall, iQSTEL is exhibiting impressive revenue expansion and some improvement in short-term debt and interest expense. Nevertheless, thin margins, recurring net losses, inconsistent operating cash flow, financing dependence and significant share-count growth create a high-risk financial profile. Investors should focus on whether future revenue gains can produce positive operating cash flow and sustainable profitability rather than evaluating the company on revenue growth alone.

09/01/26 03:20 PM ETAI Generated. May Contain Errors.

iQSTEL Financials - Frequently Asked Questions

According to the most recent income statement we have on file, iQSTEL's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

iQSTEL's net income appears to be on an upward trend, with a most recent value of -$8.51 million in 2025, rising from -$32.87 thousand in 2015. The previous period was -$5.18 million in 2024. Find out what analysts predict for iQSTEL in the coming months.

iQSTEL's total operating income in 2025 was -$4.25 million, based on the following breakdown:
  • Total Gross Profit: $9.46 million
  • Total Operating Expenses: $13.71 million

Over the last 9 years, iQSTEL's total revenue changed from $0.00 in 2015 to $316.90 million in 2025, a change of 31,689,949,800.0%.

iQSTEL's total liabilities were at $34.81 million at the end of 2025, a 48.1% decrease from 2024, and a 349,968.5% increase since 2015.

In the past 9 years, iQSTEL's cash and equivalents has ranged from $0.00 in 2015 to $3.33 million in 2021, and is currently $2.16 million as of their latest financial filing in 2025.

Over the last 10 years, iQSTEL's book value per share changed from 0.00 in 2015 to 2.66 in 2025, a change of -266,260.0%.


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Financial statements for NASDAQ:IQST last updated on 8/30/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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