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IQST Financials iQSTEL Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 37.4% per year over the past 5 years.
  • Operating margin has expanded, at -1.3% in the latest year.

Financial health

  • Total debt ($4M) exceeds cash ($2M); net debt is $2M.
  • Total debt has grown slower than revenue (6.7% vs 37.4% per year).
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$9M $154M $317M $0 2014 2015 2017 2018 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-589% -251% 87% 0% 2014 2015 2017 2018 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$4M -$2M $0 2014 2015 2017 2018 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $2M $4M 2014 2015 2017 2018 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$4M $2M $7M $0 2014 2015 2017 2018 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $317M -$9M 3.0% -1.3% -$4M $4M $2M
2024 $283M -$5M 2.9% -0.3% -$3M $2M $3M
2023 $145M -$763258 3.2% -0.2% -$2M $364087 $1M
2022 $93M -$6M 1.9% -3.4% -$2M $296834 $1M
2021 $65M -$4M 2.4% -4.6% -$3M $750195 $3M
2020 $65M -$4M 2.4% -4.6% -$3M $3M $753316
2019 $18M -$5M 4.3% -3.7% -$1M $357363 $270503
2018 $14M -$2M 8.7% -0.2% -$356977 $389114 $4570
2018 $10M -$291915 9.1% 0.9% $25355
2017 $8M -$355706 8.2% -1.0% -$267827 $455916 $23266
2017 $7M $217997 13.9% 4.3% $61262
2016 $0 -$245047 $16129
2015 $0 -$32871 $0
2015 $9462 -$55748 86.9% 0.0% $0
2014 $9462 -$49411 86.9% 0.0% $0

Valuation over time

How the market has priced IQST against its own fundamentals since 2025-05 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.1 0.2 May '25 Jul '25 Sep '25 Nov '25 Jan '26 Mar '26 May '26
P/S

Frequently asked questions

Is IQST growing its revenue and profit?

Over the past 5 years, iQSTEL Inc's revenue has grown 37.4% per year. These are computed facts, not advice.

How much debt does IQST have?

As of FY2025, iQSTEL Inc reported $4M of total debt against $2M of cash.

What is IQST's profit margin?

In FY2025, gross margin was 3.0%, operating margin -1.3%, and net margin -2.7%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.