IQSTEL reaffirms $15 million EBITDA target for 2026

NEW YORK - IQSTEL Inc. (NASDAQ:IQST) management has reaffirmed its financial targets of achieving $15 million in EBITDA in 2026 and $1 billion in revenue by 2027, according to a statement released Wednesday. The ambitious targets represent a significant leap from current figures, with InvestingPro data showing trailing twelve-month EBITDA at -$0.72 million and revenue at $283 million.

In an interview, CEO Leandro Iglesias highlighted the company’s track record of meeting financial goals over the past seven years. "We have a fantastic history of achieving goals, surpassing our forecasts over the last seven years," Iglesias said. Recent performance shows strong revenue growth of 30.37%, though InvestingPro analysis indicates the company currently operates with thin gross profit margins of 3.02%.

The telecommunications company currently provides traditional services including Voice and SMS termination while expanding into higher-margin digital products. IQSTEL has established partnerships with major global telecom operators including Telefonica, Telecom Italia, Vodafone, and British Telecom.

The company is working to diversify its portfolio by introducing AI-driven products, fintech services, and cybersecurity solutions to enhance its market position.

IQSTEL operates in 21 countries with approximately 100 employees and forecasts $340 million in revenue for fiscal year 2025, according to the press release.

CEO Iglesias and CFO Alvaro Cardona have worked together for nearly 20 years. The company’s acquisition strategy typically retains founders of acquired companies to maintain customer relationships.

IQSTEL uses non-GAAP financial measures such as Adjusted EBITDA in evaluating its performance, excluding items like changes in fair value of derivative liabilities, loss on settlement of debt, and stock-based compensation.

The company’s management believes these targets are achievable based on their current business trajectory and expansion plans, as stated in the press release. According to InvestingPro analysis, IQSTEL appears undervalued compared to its Fair Value, with 10+ additional exclusive ProTips available to subscribers, covering crucial aspects like profitability outlook and debt levels.

In other recent news, IQSTEL Inc. reported preliminary revenue of $128.8 million for the first half of 2025, with $27.3 million generated in June alone. The company is on track to reach a $400 million annual revenue run rate by the third quarter of 2025, surpassing its original year-end target. IQSTEL has announced plans to achieve a $15 million EBITDA run rate by 2026 as part of its strategy to become a $1 billion revenue company by 2027. This growth plan includes pursuing two to three strategic acquisitions, each expected to add approximately $5 million in EBITDA. Additionally, IQSTEL recently formed a commercial agreement with ONAR to deploy AI agents for marketing teams, enhancing their campaign intelligence capabilities. The company also highlighted its positive EBITDA and net income across its operating subsidiaries. IQSTEL completed its NASDAQ uplisting without raising additional funds, which has contributed to its revenue growth and debt reduction. These developments reflect IQSTEL’s strategic focus on expanding its market presence and financial performance.

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