IQST - IQSTEL Announces Plan for $1 Billion in Annual Sales in 2027
iQSTEL reported
Under the direction of the company's CFO,
To simplify the
The
The plan to grow to
a) Organic Growth: Approximately half of the
b) One Strategic Acquisition: Approximately one quarter of the
iQSTEL has an excellent organic growth and synergies track record. The company achieved
iQSTEL has targeted a specific acquisition opportunity with the potential to add from
The overall
a) Consolidate independent subsidiary operations into a single corporation.
b) Implement a single technology platform for the Telecom services
c) Expand our iQSTEL branding efforts.
All these initiatives are designed to further streamline expenses and improve operating margins. An improved operating profit in turn improves the bottom line, and in so doing, enhances the company's potential for an improved market valuation.
Based on the net present value of the company's current and anticipated cash generation from 2024 through 2027, and the residual cash generation after 2027, we calculated iQSTEL's current business valuation to be between
This valuation, supported by our financials and growth plan, is being utilized in our current and ongoing investment banking business development efforts in conjunction with our present initiative to uplist to Nasdaq.
iQSTEL, CEO, Mr, Iglesias commented: "We are a roll up company. We believe the consistent organic growth and synergies that we have achieved following acquisitions will continue to improve our bottom line and increase shareholder value by increasing the company's overall market valuation. We genuinely believe our company is a good investment opportunity. We also believe our
About iQSTEL (updated):
-
The Enhanced Telecommunications Services Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform. - The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
- The Electric Vehicles (EV) Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Car.
- The Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) includes an enriched and immersive white label proprietary AI-Enhanced Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.
The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 12 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions.
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and
Company Website
www.iqstel.com
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SOURCE iQSTEL