iQSTEL Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $316.9M | $283.2M | $144.5M | $93.2M | $64.7M | $64.7M | $18.0M | $13.8M |
| Cost of Revenue | $307.4M | $274.9M | $139.8M | $91.4M | $63.2M | $63.2M | $17.3M | $12.6M |
| Gross Profit | $9.5M | $8.3M | $4.7M | $1.8M | $1.5M | $1.5M | $780.9K | $1.2M |
| Gross Margin | 3.0% | 2.9% | 3.2% | 1.9% | 2.4% | 2.4% | 4.3% | 8.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.5M | $9.1M | $5.0M | $5.0M | $4.5M | $4.5M | $1.4M | $1.2M |
| Operating Income | $-4.3M | $-834.1K | $-315.5K | $-3.2M | $-3.0M | $-3.0M | $-668.7K | $-27.9K |
| Operating Margin | -1.3% | -0.3% | -0.2% | -3.4% | -4.6% | -4.6% | -3.7% | -0.2% |
| Interest Expense | — | — | — | — | — | $3.5M | $2.7M | $460.2K |
| Pretax Income | $-8.4M | $-4.8M | $-219.4K | $-5.9M | $-3.9M | $-3.9M | $-5.4M | $-2.1M |
| Income Tax Expense | $121.7K | $394.0K | — | — | — | $152 | $0 | $0 |
| Net Income | $-8.5M | $-5.2M | $-763.3K | $-6.0M | $-3.8M | $-3.8M | $-5.5M | $-2.1M |
| Net Margin | -2.7% | -1.8% | -0.5% | -6.4% | -5.9% | -5.9% | -30.3% | -15.3% |
| EPS (Basic) | — | — | — | — | $-0.03 | $-0.10 | $-0.35 | $-0.15 |
| EPS (Diluted) | $-2.86 | $-2.86 | $-0.01 | $-0.04 | $-0.03 | $-0.03 | $-0.35 | $-0.15 |
| Shares Outstanding (Basic) | 4.7M | 2.5M | 172.1M | — | 147.5M | — | 18.0M | 15.0M |
| Shares Outstanding (Diluted) | 4.7M | 2.5M | 172.1M | 151.9M | 147.5M | 135.4M | 18.0M | 15.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |