IQSTEL Inc. $(IQST)$, a leading provider of telecommunications, fintech, AI, and cybersecurity solutions, reported preliminary net revenue of $101.5 million for the period from January through May 2025. This performance reaffirms the company's trajectory towards meeting its full-year revenue forecast of $340 million. In May alone, IQSTEL achieved net revenue of $23.7 million. The company anticipates reaching $33 million in monthly net revenue by the end of the year, driven by both organic growth and strategic integration. IQSTEL also expects to attain a $400 million annualized revenue run rate by the end of 2025. A significant development is the forthcoming integration of the fintech platform GlobeTopper, projected to contribute millions in revenue and positively impact EBITDA, bolstering the company's fintech division. The recent uplisting to NASDAQ has generated strong market interest, reflected in substantial daily trading volumes. IQSTEL remains focused on its long-term vision to become a $1 billion revenue company by 2027.
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