iQSTEL Inc

iQSTEL Inc. announced a Binding Memorandum of Understanding to acquire a 51% controlling interest in ULTRANET Telecom Group, marking the largest transaction in its history. This acquisition is expected to boost IQSTEL's net income from operations by approximately four times, adding $4.5 million in annual net income and $130 million in annual revenue. The deal also strengthens the balance sheet with $13 million in added shareholders' equity and expands the company's footprint to around 30 countries, accelerating its shift towards a high-margin digital services platform.

iQSTEL Inc.'s Board of Directors approved an Amended and Restated Certificate of Designation for its Series B Preferred Stock. This amendment significantly revises the conversion provisions, allowing holders to convert their shares into common stock at any time with only five days' written notice, a change from the previous 12-month term restriction. Additionally, the company will now pay proportional accrued and unpaid dividends earned on the converted shares up to the conversion date.

iQSTEL Inc. has entered into a Binding Memorandum of Understanding (MOU) to acquire a 51% controlling interest in Ultranet Telecom Group for US$17.6 million. This strategic acquisition is projected to significantly boost iQSTEL's revenue, pushing its annualized run rate above US$500 million, and is expected to add approximately US$130 million in annual revenue and US$4.5 million in net profit. The deal involves initial cash payments and contingent payments tied to performance targets, with an anticipated closing in Q3 2026.

iQSTEL Inc. reported a significant increase in revenues for the three months ended March 31, 2026, reaching $97.9 million, a 70% rise from the prior year. Despite this growth, the company recorded a net loss of $1.36 million, though its loss per share improved to $(0.29) from $(0.44) in Q1 2025. The company continues to face challenges, including recurring losses and negative working capital, which raise substantial doubt about its ability to continue as a going concern.

iQSTEL Inc. has entered into an Equity Purchase Agreement and a Registration Rights Agreement with M2B Funding Corp. This agreement allows iQSTEL to sell up to $50,000,000 of its common stock to M2B Funding over a commitment period of up to 60 months. The shares will be purchased at a price equal to 94% of the lowest daily volume-weighted average price during a six-trading-day period, subject to a daily maximum of $500,000 and an Exchange Cap of 19.99% of outstanding shares. As consideration, iQSTEL will issue $1,000,000 in Commitment Shares and will file a resale S-1 registration statement for the shares.

iQSTEL Inc. made available a corporate presentation outlining its strategy to become a global telecom and AI-driven giant. The presentation details the company's historical performance, strategic initiatives in AI, digital services, fintech, cybersecurity, and digital health, and its three-year growth plan. It emphasizes leveraging existing telecom infrastructure to expand into high-margin digital services, targeting significant EBITDA expansion and a $1 billion valuation by 2027. Management intends to use this presentation for upcoming investor webinars and meetings.

iQSTEL Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The filing confirms the company's status as a non-accelerated and smaller reporting company. It also disclosed the aggregate market value of its voting and non-voting common equity held by non-affiliates as $33,157,217 as of the last business day of its most recently completed second fiscal quarter.

iQSTEL Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, via a press release issued on April 6, 2026. The company subsequently held a conference call on April 7, 2026, to discuss these results. A transcript of the call and a related slide presentation were also made available.

iQSTEL Inc. (IQST) has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025, with the SEC on April 6, 2026. The company reported an aggregate market value of voting and non-voting common equity held by non-affiliates of $33,157,217 as of the last business day of its most recently completed second fiscal quarter. As a non-accelerated filer and smaller reporting company, IQST confirmed compliance with all Section 13 or 15(d) reporting requirements and electronic submission of Interactive Data Files during the preceding 12 months. This routine filing provides a comprehensive overview of the company's financial performance and operational status for the past fiscal year, crucial for institutional investors to assess its ongoing health and regulatory adherence.