iQSTEL Inc., through its subsidiary, Etelix.com USA, LLC, provides telecom and technology solutions. It provides international long-distance voice services (ILD wholesale) for telecommunications operator; and submarine fiber optic network capacity for internet, such as 4G and 5G. The company offers voice over IP connectivity, short messages service (SMS), and international and domestic SMS termination services. It also provides infrastructure connectivity, Cloud-PBX, OmniChannel marketing, Internet of Things services, and blockchain and payment solutions. iQSTEL Inc. serves wholesale carrier, government, corporate, enterprise, and small and medium companies in North America, Latin America, and Europe. The company was formerly known as PureSnax International, Inc. and changed its name to iQSTEL Inc. in August 2018. iQSTEL Inc. was incorporated in 2011 and is based in Coral Gables, Florida.
IQST - IQSTEL Reports 1H 2026 Revenue of $207 Million, Up 59% Year-Over-Year, as Stockholders' Equity Reaches $17.2 Million
IQSTEL reported first-half 2026 revenue of $207 million, up 59% year-over-year, with gross profit increasing 26% to $4.8 million.
The company noted that its stockholders' equity of $17.2 million is more than 50% above its current market capitalization, highlighting a significant gap between book value and public-market valuation.
Management reiterated its $430 million full-year revenue objective, emphasizing a strategic focus on leveraging its telecom platform for higher-margin digital services.