iQSTEL Inc.
iQSTEL Inc. (IQST) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for iQSTEL Inc. (IQST), covering cash flow, earnings, and balance sheets.
iQSTEL Inc. (IQST) Income Statement & Financial Overview
Review iQSTEL Inc. IQST income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $98.87M | $54.25M | $78.64M | $51.41M |
| Cost of Revenue | $96.21M | $52.23M | $76.47M | $50.07M |
| Gross Profit | $2.66M | $2.02M | $2.16M | $1.34M |
| Gross Profit Ratio | $0.03 | $0.04 | $0.03 | $0.03 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $221463.00 |
| SG&A Expenses | $2.53M | $2.08M | $2.51M | $1.53M |
| Operating Expenses | $2.96M | $2.08M | $2.51M | $1.53M |
| Total Costs & Expenses | $102.51M | $54.31M | $78.98M | $51.60M |
| Interest Income | -$40225.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $625605.00 | $672266.00 | $496080.00 | $365474.00 |
| Depreciation & Amortization | $395474.00 | $35122.00 | $33778.00 | $35161.00 |
| EBITDA | -$582703.00 | $3993.00 | -$1.37M | -$179581.00 |
| EBITDA Ratio | -$0.006 | $0.00 | -$0.02 | -$0.003 |
| Operating Income | -$298112.00 | -$56553.00 | -$342103.00 | -$183450.00 |
| Operating Income Ratio | -$0.003 | -$0.001 | -$0.004 | -$0.004 |
| Other Income/Expenses (Net) | -$1.31M | -$646846.00 | -$1.56M | -$396764.00 |
| Income Before Tax | -$1.60M | -$703399.00 | -$1.90M | -$580216.00 |
| Income Before Tax Ratio | -$0.02 | -$0.01 | -$0.02 | -$0.01 |
| Income Tax Expense | $259150.00 | $69605.00 | $65275.00 | -$809767.00 |
| Net Income | -$2.25M | -$923788.00 | -$2.008M | -$809767.00 |
| Net Income Ratio | -$0.02 | -$0.02 | -$0.03 | -$0.02 |
| EPS | $0.02 | -$0.005 | -$0.01 | -$0.005 |
| Diluted EPS | $0.02 | -$0.005 | -$0.01 | -$0.005 |
| Weighted Avg Shares Outstanding | $202.98M | $184.28M | $178.45M | $175.15M |
| Weighted Avg Shares Outstanding (Diluted) | $202.98M | $184.28M | $178.45M | $175.15M |
The company's financials show resilient growth, with revenue advancing from $51.41M in Q1 2024 to $98.87M in Q4 2024. Gross profit remained healthy with margins at 3% in Q4 2024 compared to 3% in Q1 2024. Operating income hit -$298112.00 last quarter, sustaining a consistent -0% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$582703.00. Net income dropped to -$2.25M, while earnings per share reached $0.02. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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