iQSTEL (IQST) investor relations material

Company background and growth

• Founded 18 years ago to address international connectivity needs for telecom carriers, evolving from zero revenue to a $400 million run rate in 2024.

• Revenue grew from $30 million in 2018 to $317 million in 2023, with 80% from telecom and 20% from fintech services.

• Achieved Nasdaq listing via direct listing, expanding through acquisitions to over 20 countries and 600 B2B customers, including major global telecoms.

• Built a robust business platform enabling sales of telecom, fintech, cybersecurity, and AI services to large telecom operators.

Strategic expansion and future plans

• Reached a customer base with access to 2.3 billion end users through partnerships with leading telecom companies.

• Announced a binding MOU to acquire an African company with presence in eight countries, expected to add $130 million revenue and $5 million net income, closing in Q3.

• Plans to expand operations from 20 to 30 countries within a year and scale EBITDA from $9 million to $50 million.

• Targeting $50 million EBITDA in two years, with intermediate goals of $25 million next year and $50 million in two years.

Financial structure and shareholder value

• Maintains a clean capital structure with no convertible notes or warrants outstanding.

• S-1 qualified for a $50 million ELOC, but currently seeking bank financing for acquisitions to avoid dilution.

• Initiating a share repurchase program aiming to buy back at least 1 million of 7.5 million outstanding shares.

• Management believes the company is undervalued with a market cap below $10 million and sees significant upside potential.

• Envisions reaching $1 billion valuation in 2–3 years, leveraging EBITDA multiples of 10x–20x seen in industry peers.