IQSTEL Caps Transformational 2025 with NASDAQ Listing and Record Growth
The tech firm celebrates a pivotal year with a NASDAQ uplist, a $400M revenue run rate, strategic diversification, and its first-ever shareholder dividend.
IQSTEL Caps Transformational 2025 with NASDAQ Listing and Record Growth
NEW YORK, NY – December 29, 2025 – As 2025 draws to a close, IQSTEL Inc. (NASDAQ: IQST) is marking the year as its most transformative to date. In a detailed shareholder recap, the global technology and connectivity company highlighted a series of landmark achievements, including a successful uplisting to the NASDAQ exchange, a staggering revenue run rate approaching $400 million, and a strategic pivot that is rapidly diversifying its business beyond traditional telecom. Capping off a banner year, the company also declared its first-ever shareholder dividend, signaling strong confidence in its financial health and future trajectory.
In a letter to shareholders, President & CEO Leandro Iglesias described 2025 as a year that "fundamentally reshaped our company, strengthened our business platform, and positioned us for accelerated growth in the years ahead." The announcements paint a picture of a company hitting its stride, executing a multi-year strategy that is now bearing significant fruit and setting ambitious new goals for the near future.
A Milestone on Wall Street: The NASDAQ Uplisting
Perhaps the most significant event for IQSTEL in 2025 was its successful uplisting to the NASDAQ stock market. The company achieved this through a Direct Listing, a method that allows a company to go public without the traditional, and often costly, underwritten offering. This move, which Iglesias called a "defining milestone," was presented as the culmination of years of disciplined financial management and operational scaling.
Listing on a major exchange like NASDAQ provides IQSTEL with a dramatically expanded platform. It enhances corporate visibility, bolsters credibility among customers and partners, and, most critically, improves access to a deeper pool of institutional capital. For a growing company with ambitious expansion plans, the ability to attract larger, long-term investors is paramount. The move from over-the-counter (OTC) markets to NASDAQ is a clear indicator of corporate maturity and readiness to compete on a global stage, subject to the rigorous transparency and reporting standards of the exchange.
Record Revenue and a Path to Profitability
Behind the NASDAQ bell-ringing lies a story of robust operational performance. IQSTEL reported that it achieved a revenue run rate of approximately $400 million, a target it reached five months ahead of its internal schedule. A "run rate" extrapolates current financial performance over a full year, suggesting that if current momentum holds, the company is on track for revenues at this level. This rapid growth demonstrates the strength of its core telecom operations and the successful integration of its newer business lines.
Alongside top-line growth, the company is demonstrating a clear path toward sustainable profitability. It reported an Adjusted EBITDA run rate of approximately $2.7 million. Adjusted EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key metric used by investors to gauge a company's underlying operational profitability without the noise of accounting and financing decisions. While modest, this positive figure signals that IQSTEL's business model is not just scaling but is also becoming more efficient and financially sound. The company emphasized its commitment to financial discipline even as it scaled its commercial platform, a balance that is often difficult for high-growth firms to maintain.
Beyond Telecom: A Strategic Pivot to High-Tech Frontiers
While its roots are in telecommunications, IQSTEL's 2025 performance underscores a deliberate evolution into a diversified, technology-enabled services platform. The company is strategically moving into high-tech, high-margin sectors to reduce its reliance on the traditionally lower-margin telecom industry and capture new growth opportunities.
Its Fintech division has become a significant contributor, now accounting for approximately 20% of the company's total revenue. This diversification provides a more balanced and resilient income stream. Furthermore, IQSTEL formally expanded into the critical field of cybersecurity through its sibling company, Cycurion, a move that aligns with the growing needs of its enterprise and telecom operator clients who face increasing digital threats.
Artificial intelligence is another core pillar of this transformation. IQSTEL is actively integrating AI-driven capabilities across its platforms, citing the continued development of its IQ2call.ai (version 2.0) and AIRWEB.ai products. These platforms are designed to improve operational efficiency, enhance scalability, and deliver more sophisticated customer engagement tools. This pivot positions IQSTEL not merely as a carrier of data, but as a technology partner providing intelligent, value-added digital services.
A Statement of Confidence: The Inaugural Dividend
In a move that speaks volumes about management's belief in the company's financial stability, IQSTEL announced its first-ever dividend. The dividend was made payable in company shares to shareholders of record as of December 15, 2025. While a stock dividend doesn't provide a cash payout, it rewards long-term investors and allows them to increase their stake in the company's future growth without diluting the value of their holdings.
Iglesias noted that the dividend reflects "our confidence in the strength of our balance sheet" and a "clear commitment to increasing long-term shareholder value." It sends a powerful message to the market that IQSTEL's leadership believes that disciplined growth and shareholder returns are not mutually exclusive but can, and should, be pursued in tandem.
Building for the Future: Ambitious Goals and Investor Trust
The momentum of 2025 has emboldened IQSTEL to set its sights on even more ambitious targets. The company is now publicly targeting a $15 million EBITDA run rate in 2026—a more than five-fold increase from its current level. Looking further ahead, it is advancing toward a long-term objective of achieving a $1 billion revenue run rate by 2027.
Supporting this vision is a growing base of institutional investors. According to the company, more than 20 institutional firms now hold approximately 5% of IQSTEL's outstanding shares. To build on this, management initiated a webinar roadshow in late 2025, directly targeting institutional investors and family offices to communicate its strategy and invite participation in its next growth phase through open-market purchases. This growing institutional backing provides a crucial vote of confidence in the company's long-term roadmap. In his letter, Iglesias thanked shareholders for their trust, stating, "We are building a corporation designed to last for decades."
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