IQST Q2 2020 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$6M

Q2 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$11M+161.7% YoY

Gross Profit

$732,3086.6% margin

Operating Income

-$172,708-1.6% margin

Net Income

$1M11.6% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+121.8%

Cash Flow

Operating Cash Flow

-$584,423

Free Cash Flow

-$597,975

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$9M

Stockholders' Equity

-$2M

Cash & Equivalents

$779,553

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$4M	+161.7%
Gross Profit	$732,308	-$91,728	+898.3%
Operating Income	-$172,708	-$433,281	+60.1%
Net Income	$1M	-$484,241	+365.6%

Geographic Segments

U S A

$10M89%

Switzerland

$1M11%