Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data iQSTEL Inc files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2018
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
7.51
9.62
13.8
18
64.7
64.7
93.2
145
283
317
Cost of revenue
6.9
8.75
12.6
17.3
63.2
63.2
91.4
140
275
307
Gross profit
0.62
0.87
1.19
0.78
1.53
1.53
1.79
4.67
8.27
9.46
General and administrative
0.69
0.79
1.22
1.45
4.52
4.52
4.98
4.99
9.11
11.5
Operating expenses
0.69
0.79
1.22
1.45
4.52
4.52
4.98
4.99
9.11
13.7
Operating income
-0.07
0.08
-0.03
-0.67
-2.98
-2.98
-3.19
-0.32
-0.83
-4.25
Interest expense
0.46
2.65
3.51
Interest income
-0.24
-0.33
-0.46
Other non-operating income
-0.28
-0.37
-2.08
-4.77
-0.88
-0.88
-2.67
0.1
-3.95
-4.14
Pre-tax income
-0.36
-0.29
-2.1
-5.44
-3.86
-3.86
-5.87
-0.22
-4.79
-8.39
Income tax
0
0
0
0
0.39
0.12
Net income to minority interests
0
0.02
-0.03
-0.03
0.1
0.54
0.81
0.65
Net income
-0.36
-0.29
-2.1
-5.46
-3.84
-3.84
-5.97
-0.76
-5.18
-8.51
EBITDA
-0.02
0.1
-0.01
-0.63
-2.89
-2.89
-3.07
-0.19
-0.33
-3.62
EPS, basic
-2.15
-1.43
-10.73
-25.03
-23.83
-2.15
EPS, diluted
-2.15
-1.43
-10.73
-25.03
-7.15
-2.15
-2.86
-0.72
-2.86
-2.86
Shares, basic (weighted)
0.16
0.17
0.19
0.22
0.27
1.89
Shares, diluted (weighted)
0.16
0.17
0.19
0.22
0.57
1.89
2.12
Balance sheet
FY2018
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.02
0.03
0
0.27
0.75
3.33
1.33
1.36
2.51
2.16
Receivables
1.1
1.94
1.83
2.76
2.53
2.54
4.21
12.5
57.2
30.3
Inventory
0.03
0.03
0.03
0.03
Other current assets
0.13
0.18
0.02
0.09
0.08
0.27
0.55
1.45
2.68
3.08
Total current assets
1.26
2.14
2.11
3.44
3.58
6.57
6.44
15.7
63
36.2
Property, plant and equipment
0.29
0.35
0.41
0.4
0.52
0.56
0.62
Goodwill
0
1.46
1.54
1.54
5.17
5.17
6.75
5.79
Intangible assets
0
0.02
0.1
0.1
0.1
7.44
6.96
Other non-current assets
0.21
1
1.1
Total assets
1.56
2.44
2.39
5.6
5.95
9.06
12.5
22.2
79
51.1
Accounts payable
0.75
1.33
1.39
2.29
2.74
1.47
2.25
2.97
2.13
9.17
Accrued liabilities
0.07
0.01
0.06
0.93
1.24
Short-term debt
0.23
0.23
0.19
0.09
1.33
0.32
0.09
0.26
2.46
4.02
Total current liabilities
1.24
1.85
3.99
11.1
7.91
2.36
6.45
13.8
63.8
34.6
Long-term debt
0
0
0.18
0.27
0.12
0.11
0.1
0.03
Other non-current liabilities
0
Total liabilities
1.38
1.94
3.99
11.4
8.35
2.64
6.71
14.1
67.1
34.8
Total debt
0.23
0.19
0.27
1.6
0.43
0.2
0.36
2.46
4.05
Paid-in capital
0.74
0.99
1.05
3.24
13.3
25.8
31.1
34.4
39.9
54.5
Retained earnings
-0.56
-0.49
-2.67
-8.13
-14.7
-18.5
-24.5
-26.1
-32.7
-43
Other comprehensive income
0
-0
-0.07
-0.04
-0.03
-0.03
-0.03
-0.03
Shareholders' equity
0.19
0.5
-1.6
-4.87
-1.39
7.42
6.76
8.05
11.9
16.3
Minority interests
0
-0.9
-1.01
-1
-0.92
-0.38
4.68
4.84
Total equity
0.19
0.5
-1.6
-5.77
-2.4
6.42
5.84
8.05
7.22
11.4
Total liabilities and equity
1.56
2.44
2.39
5.6
5.95
9.06
12.5
22.2
79
51.1
Shares outstanding
0.16
0.21
0.21
0.25
0.5
2.06
2.26
2.41
2.54
4.67
Cash flow statement
FY2018
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-0.36
-0.29
-2.1
-5.44
-3.86
-3.86
-5.87
-0.22
-5.18
-8.51
Depreciation and amortization
0.05
0.02
0.02
0.04
0.09
0.09
0.12
0.13
0.5
0.63
Stock-based compensation
1.28
1.28
0.13
0.04
0.22
0.31
Deferred income tax
0.14
-0.22
Change in receivables
1.81
1.04
-1.04
0.52
-0.04
-0.04
-0.8
-8.01
-56.1
38.1
Change in inventory
0.03
0
-0
Cash from operations
-0.27
-0.34
-0.36
-1.24
-3.15
-3.15
-1.77
-1.48
-2.93
-3.84
Capital expenditures
0
-0
-0.03
-0.15
-0.15
-0.11
-0.22
-0.15
-0.11
Acquisitions
0
0.24
-0.06
-0.06
-1.89
Cash from investing
0
-0
0.15
-0.51
-0.51
-2
-0.33
-3.16
-0.24
Stock issued
0
0.18
0.13
0
6.34
6.34
1.1
0.1
Cash from financing
0.27
0.3
0.34
1.36
6.25
6.25
1.77
1.83
7.24
3.73
Exchange rate effect
-0.01
-0.01
-0.01
0.02
Net change in cash
0.01
-0.04
-0.02
0.27
2.58
2.58
-2.01
0.03
1.15
-0.35
Free cash flow
-0.27
-0.36
-1.28
-3.31
-3.31
-1.88
-1.7
-3.08
-3.96
Interest paid
0.22
0.33
0.39
0.68
0.13
0.13
0
0.05
0.88
0.53
Income taxes paid
0
0
0
0
0
0.28
0.29
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.99 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
2.7%
Gross profit / revenue.
Operating margin
-1.3%
Operating income / revenue.
EBITDA margin
-1.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-2.2%
Pre-tax income / revenue.
Net margin
-2.2%
Net income / revenue.
FCF margin
-1.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-1.0%
Cash from operations / revenue.
Return on equity (ROE)
-51.3%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-18.3%
Net income / average total assets.
Return on invested capital (ROIC)
-22.7%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
0.2%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.0%
Capital expenditures / revenue.
D&A / revenue
0.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
11.9%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
50.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
37.4%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
14.3%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
74.1%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
43.9%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
36.8%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
34.0%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-35.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
59.7%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
53.7%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.09x
Current assets / current liabilities.
Quick ratio
0.97x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.07x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.15x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
5.3%
Total debt / total assets.
Liabilities / assets
64.4%
Total liabilities / total assets.
Net debt
$459.0K
Total debt - cash - short-term investments. Negative means more cash than debt.
Market cap + total debt - cash - short-term investments.
P/S
0.02x
Market cap / revenue.
P/B
0.55x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
2.04x
Market cap / tangible book value, when positive.
EV/Sales
0.03x
Enterprise value / revenue.
FCF yield
-40.8%
Free cash flow / market cap.
Earnings yield
-92.6%
Net income / market cap (the inverse of P/E).
What was iQSTEL Inc's revenue in fiscal 2025?
iQSTEL Inc reported revenue of $316.9M for fiscal 2025, 11.9% higher than the year before.
Was iQSTEL Inc profitable in fiscal 2025?
No. It reported a net loss of $8.5M.
How much free cash flow did iQSTEL Inc generate in fiscal 2025?
Cash from operations of $3.8M minus capital expenditures of $113.0K left free cash flow of -$4.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.