IQST Q1 2024 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$5M

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$51M+108.4% YoY

Gross Profit

$1M2.7% margin

Operating Income

-$183,452-0.4% margin

Net Income

-$809,767-1.6% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

-$536,888

Free Cash Flow

-$608,550

Stock-Based Comp.

$31,065

Balance Sheet

Total Assets

$22M

Total Liabilities

$14M

Stockholders' Equity

$9M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$25M	+108.4%
Gross Profit	$1M	$1M	+13.3%
Operating Income	-$183,452	-$317,530	+42.2%
Net Income	-$809,767	-$363,185	-123.0%

Geographic Segments

SWITZERLAND

$836,324100%