New York, NY -- October 27, 2020 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST) today announced an Analyst Research Report from Goldman
Small Cap Research with a $0.54 Price Per Share (PPS), nearly 10x
yesterday’s closing at $0.067 PPS. Goldman’s report
highlighted IQST’s strategic differentiators in the
Telecommunications and FinTech sectors with revenue on track to
reach $42 million by year end 2020 and expected to exceed $80
million by 2020. IQST is a fully reporting company with
audited financials. With only 78.2 million shares outstanding,
Goldman’s $0.54 PPS target reflects only 1x 2020E sales and 0.7x
2021E revenue – “upside to our targets and metrics are in the
cards,” reports Goldman.
Goldman Small
Cap Research Report
Highlights:
iQSTEL, Inc.
is a US-based, Next Generation Communications and Fintech Services
company with a presence in 13 countries. The Company offers a wide
range of cloud-based, enhanced services to Tier-1 and Tier-2
carriers, corporate, enterprise customers and the retail market.
Through its subsidiaries iQSTEL offers "one-stop-shopping". These
offerings include international and domestic VoIP services, IP-PBX
services, SMS exchange for A2P and P2P, OmniChannel Marketing,
Internet of Things (IoT) applications, 4G/5G international
infrastructure connectivity, and diversified blockchain-based
platforms.
IQST’s business model is innovative and
the Company is the beneficiary of current trends. These include 5G
deployment, and the introduction of new iPhone. Plus, the global
pandemic has prompted increases in SMS usage along with B2C fintech
expansion.
Revenue is projected to reach $42M in
2020, up from $18M last year, with sales hitting $60M in 2021 and
$80.7M in 2022. EPS of $0.04 and $0.13 are expected in 2021 and
2022, respectively.
Our price target of $0.54, or nearly 10x
the current price reflects a compelling valuation given that IQST
trades at a substantial discount to its peer group. Our target
reflects only 1x 2020E sales and 0.7x 2021E revenue and upside to
our targets and metrics are in the
cards.
See the full report at www.goldmansmallcapresearch.com/IQST
About iQSTEL
Inc.:
iQSTEL Inc
(OTC:
IQST) www.iQSTEL.com is a US-based
publicly listed company offering leading-edge 21st Century
Enhanced Telecommunications Services with a focus on a wide range
of cloud-based enhanced services to the Tier-1 and Tier-2 carriers,
corporate, enterprise, as well as the retail market. iQSTEL through
its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT
Labs, IoT Smart Gas Platform, itsBchain offers a
"one-stop-shopping” for international and domestic VoIP services,
IP-PBX services, SMS exchange for A2P and P2P, OmniChannel
Marketing, Internet of Things (IoT) applications (IoT Smart Gas
Platform), 4G & 5G international infrastructure connectivity,
as well as blockchain-based platforms: Mobile Number Portability
Application (MNPA) and Settlement & Payments Marketplace for
VoIP, SMS and Data.
About Etelix.com
USA, LLC:
Etelix.com USA
LLC www.etelix.com is
a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a
Miami, Florida-based international telecom carrier founded in 2008
that provides telecom and technology solutions worldwide, with
commercial presence in North America, Latin America, and Europe.
Enabled by its 214-license granted by the Federal Communications
Commission (FCC), Etelix provides International Long-Distance voice
services for Telecommunications Operators (ILD Wholesale), and
Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix was founded in 2008 and has been profitable since
inception.
About SwissLink
Carrier AG:
SwissLink
Carrier AG www.swisslink-carrier.com is
a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a
Switzerland based international Telecommunications Carrier founded
in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink
Carrier AG is a Swiss licensed Operator, having a domestic
Interconnect with Swisscom, allowing their international Carrier
Customers direct terminations via SwissLink into all Switzerland
Fix & Mobile Networks. Since the takeover from Swissphone in
November 2018 and the rename into SwissLink, they operate on a
profitable level.
About QGlobal
SMS LLC.:
QGlobal SMS
LLC www.qglobalsms.com is
a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based
company and a commercial brand founded in 2020 specialized in
international and domestic SMS termination, with emphasis on the
Applications to Person (A2P) and Person to Person (P2P) for
Wholesale Carrier Market and Corporate Market in US. QGlobal SMS
has commercial presence in US, Mexico, Latin America, EMEA (Europe,
Middle East, Asia) and Africa, through our SMS service providers
based in Austin, TX and Miami, FL Our Austin-based SMS service
provider is specialized in the SMS traffic exchange between US and
Mexico, and our Miami-based SMS service provider is focused in the
development of Latin America and the rest of the world. QGlobal SMS
has robust international interconnection with Tier1 SMS
Aggregators, guarantying its customers high quality and low
termination rates, over more than 100 countries
worldwide.
About Alcyon
Cloud SMS S.A.S (Commercial
Brand SMSDirectos.com ):
Alcyon Cloud SMS
S.A.S. (Commercial Brand SMSDirectos.com),
is a whole subsidiary of QGlobal SMS, a Colombian-based Application
and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is
registered with the Secretary of Information and Communication
Technology (ICT) in Colombia, offering services to government,
enterprises, small and medium business, as well as end-users. Using
SMSDirectos’ existing network, they plan to expand services from
SMS to offer omnichannel products and services such as: SMS,
Emails, RCS (Rich Communications Services), Social Media Channels
(Whats App, Messenger, etc), WebRTC (Web Real-Time Communication),
VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence
Based), SMS to Email, and Email to
SMS.
About IoT Labs
MX SAPI:
IoT Labs MX
SAPI www.iotlabs.mx ,
a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican
technology development company, creator of the “IoT Smart Gas”
Platform and Application. The IoT Smart Gas
platform www.iotsmartgas.com consists
of an IoT field device installed on the LP gas tank (adaptable to
virtually any gas or liquid storage tank) and, thanks to the
Internet of Things (IoT) technology via Sigfox or GSM network
connectivity, allows remote managed and improved logistic processes
of refilling, usage tracking and tank monitoring in real-time by
the Smart Gas mobile app. The new GSM tracking feature allows for
mobile use including ground, air, and sea tank
monitoring.
About itsBchain
LLC.:
itsBchain LLC www.itsBchain.com is
a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain
technology developer and solution provider, with a strong focus on
the telecom sector. The company is the final stage of
development of a series of blockchain solutions aimed at using the
blockchain ledger and smart contract solutions to enable more
efficiency, quickness in execution and fraud-prevention in the
telco industry. Specifically, the company is developing a
solution that will enable users and carriers to transfer mobile
phone numbers with just a few clicks, allowing users and carriers
the ability to transfer retail users from one mobile carrier
to another instantly. Additionally, the company is finalizing
a carrier-grade marketplace solution to procure payments between
carriers for cross-traffic of VoIP, SMS and data realtime as
traffic is crossed between carriers. This marketplace will
allow for instant payment settlement as well as the prevention of
fraud between carriers.
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
statements 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, in part, 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 iQSTEL Inc. undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this news
release.
iQSTEL
Inc.
IR US Phone:
646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL
Inc. and its subsidiaries:
www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com
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