IQST Q2 2023 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$5M

Q2 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$33M+38.5% YoY

Gross Profit

$784,4662.4% margin

Operating Income

-$252,718-0.8% margin

Net Income

-$213,945-0.7% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+33.1%

Cash Flow

Operating Cash Flow

-$918,563

Free Cash Flow

-$987,560

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13M

Total Liabilities

$7M

Stockholders' Equity

$7M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$24M	+38.5%
Gross Profit	$784,466	$846,274	-7.3%
Operating Income	-$252,718	-$298,178	+15.2%
Net Income	-$213,945	-$351,180	+39.1%