iQSTEL Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.2M | $2.5M | $1.4M | $1.3M | $3.3M | $753.3K | $270.5K | $4.6K |
| Accounts Receivable | $30.3M | $57.2M | $12.5M | $4.2M | $2.5M | $2.5M | $2.8M | $1.8M |
| Inventory | $30.7K | $30.7K | $27.1K | $26.1K | — | — | — | — |
| Total Current Assets | $36.2M | $63.0M | $15.7M | $6.4M | $6.6M | $3.6M | $3.4M | $2.1M |
| Property, Plant & Equipment | $615.0K | $561.8K | $523.0K | $401.0K | $409.4K | $350.5K | — | — |
| Goodwill | $5.8M | $6.8M | $5.2M | $5.2M | $1.5M | $1.5M | $1.5M | $0 |
| Intangible Assets (Excl. Goodwill) | $7.0M | $7.4M | $99.6K | $99.6K | $99.6K | $21.9K | $0 | — |
| Total Assets | $51.1M | $79.0M | $22.2M | $12.5M | $9.1M | $6.0M | $5.6M | $2.4M |
| Liabilities | ||||||||
| Accounts Payable | $9.2M | $2.1M | $3.0M | $2.3M | $1.5M | $2.7M | $2.3M | $1.4M |
| Total Current Liabilities | $34.6M | $63.8M | $13.8M | $6.5M | $2.4M | $7.9M | $11.1M | $4.0M |
| Long-Term Debt | $31.3K | $2.5M | $99.1K | $108.2K | $119.3K | $270.8K | $178.0K | $0 |
| Total Liabilities | $34.8M | $67.1M | $14.1M | $6.7M | $2.6M | $8.3M | $11.4M | $4.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-43.3M | $-32.7M | $-26.1M | $-24.5M | $-18.5M | $-14.7M | $-8.1M | $-2.7M |
| Total Stockholders' Equity | $16.3M | $11.9M | $8.0M | $6.8M | $7.4M | $-1.4M | $-4.9M | $-1.6M |