iQSTEL has announced that it realized a second-quarter revenue of $15.5 million according to accounting records. This preliminary finding proves that the company achieved well above the monthly revenue target of $5 million projected for the second quarter of 2021.
The management of iQSTEL says that the company is on track to meet the revenue forecast of $60.5 million in the year 2021. They are even positive about exceeding that figure.
In the words of the CEO, Leandro Jose Iglesias in a shareholder’s bulletin, the company’s goal is more than just reaching the revenue forecast of $60.5 million but to do over that and make more revenue than the benchmark.
From the Year-to-Date records for the first half of 2021, the total of $29.7 million shows that the company wastes no time in executing its plans with passion, which make it atractive for small Cap stock investing.
From the shareholder’s letter, we can see that iQSTEL and all its initiatives have been successful and will soon begin to contribute to the top and bottom line of the company. Some of such initiatives include MAXMO, IoTSmartTank, and MNPA.
iQSTEL incorporated, also referred to as OTCQB: IQST is a public liability company in the United States. It has an independent Board of directors and offers premium services in areas like Fintech and Telecommunications.
Its services include Financial Services, Telecommunications, Distribution of Chemical and Liquid fuel, and electric vehicles. These services span across 15 countries where the company’s presence is duly registered.
The company has 5 official Business divisions, including Blockchain, Electric Vehicle, Fintech, Technology, and Telecoms.
iQSTEL has both Business-to-business operations and a Business-to-customer service via several of its subsidiaries, including IoT Labs, Etelix, QGlobal SMS, Global Money One, SwissLink, its Bchain, and SMSDirectos.
iQSTEL boasts of a long and rich product and service portfolio, meeting the needs of its clients around the world. They include the following:
- Ev Chargers and Batteries
- Ev battery management systems
- EV connectivity mobile applications
- Cloud-PBX
- EV Dashboard display
- VoIP
- SMS
- omnichannel marketing
- Debit cards (Visa and Mastercard)
- International fiber-optic connectivity.
- Electronic motorcycles (Latin America)
- EV IoT connectivity
- Mobile Top-up
- Crypto Exchange services
- IoT Smart Tank and Gas Platforms
- Money remittance
- Mobile Number Portability App for Blockchain platforms.
- Settlement and Payments Marketplace for Blockchain Platforms
iQSTEL’s vision
The company’s vision is to become a global name and business providing innovative and all-encompassing technological solutions across several industries, including Telecoms, Chemical, and Financial Services, Electric Vehicles, and Distribution of Liquid fuel.
The company aims to offer value by providing top-notch technological solutions to its shareholders and clients.
iQSTEL’s Mission
Providing enhanced solutions and services in the area of telecommunications is the mission of iQSTEL. It also has a mission to create modern applications and solutions in the area of technology that will meet the needs of global consumers.
With a continued commitment to shareholders, staff members, partners, and providers, iQSTEL promises to drive its mission and achieve it.