Iqstel Inc income statement
In fiscal 2025, Iqstel Inc reported revenue of $317m, up 11.9% on the year before, operating income of −$4.3m (a -1.3% margin) and net income of −$8.5m, or −$2.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 8 | 14 | 18 | 65 | 65 | 93 | 145 | 283 | 317 | 394 |
| Cost of revenue | — | — | — | — | 7 | 13 | 17 | 63 | 63 | 91 | 140 | 275 | 307 | 384 |
| Gross profit | 0 | 0 | 0 | — | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 8 | 9 | 10 |
| General and administrative | 0 | 0 | 0 | — | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 9 | 12 | 13 |
| Operating income | — | — | 0 | 0 | −0 | −0 | −1 | −3 | −3 | −3 | −0 | −1 | −4 | −5 |
| Interest expense | 0 | −0 | −0 | 0 | — | 0 | 3 | 4 | — | — | — | — | — | — |
| Income before tax | 0 | −0 | −0 | −0 | −0 | −2 | −5 | −4 | −4 | −6 | −0 | −5 | −8 | −9 |
| Income tax | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | — | — | — | 0 | 0 | 0 |
| Net income | 0 | −0 | −0 | −0 | −0 | −2 | −5 | −4 | −4 | −6 | −1 | −5 | −9 | −9 |
| Diluted EPS | $0.00 | $0.00 | $0.00 | $0.00 | −$0.03 | −$0.15 | −$0.35 | −$0.03 | −$0.03 | −$0.04 | −$0.01 | −$2.86 | −$2.86 | — |
| Diluted shares (average) | 10m | 400m | 400m | 151m | 11m | 14m | 16m | 135m | 135m | 152m | — | — | — | — |
| EBITDA | — | — | — | — | −0 | −0 | −1 | −3 | −3 | −3 | −0 | −0 | −4 | −4 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54 | 99 | 58 | 72 | 103 | 84 | 98 | 109 |
| Cost of revenue | 52 | 96 | 56 | 70 | 100 | 81 | 96 | 106 |
| Gross profit | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 3 |
| General and administrative | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 |
| Operating income | −0 | −0 | −1 | −1 | −1 | −2 | −1 | −1 |
| Interest expense | — | — | — | 0 | — | — | — | 0 |
| Income before tax | −1 | −2 | −1 | −2 | −2 | −3 | −1 | −2 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 |
| Net income | −1 | −2 | −1 | −2 | −2 | −3 | −1 | −2 |
| Diluted EPS | −$0.40 | −$1.19 | −$0.44 | −$0.82 | −$0.68 | −$0.89 | −$0.29 | −$0.38 |
| EBITDA | −0 | 0 | −0 | −0 | −0 | −2 | −1 | −1 |
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