IQST Q1 2023 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$5M

Q1 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$25M+27.0% YoY

Gross Profit

$1M4.9% margin

Operating Income

-$317,530-1.3% margin

Net Income

-$363,185-1.5% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$197,163

Free Cash Flow

$53,916

Stock-Based Comp.

$11,230

Balance Sheet

Total Assets

$13M

Total Liabilities

$7M

Stockholders' Equity

$7M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$19M	+27.0%
Gross Profit	$1M	$484,060	+151.4%
Operating Income	-$317,530	-$505,438	+37.2%
Net Income	-$363,185	-$554,970	+34.6%

Geographic Segments

U S A

$25M95%

Switzerland

$1M5%