IQST Q2 2024 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$5M

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$79M+139.6% YoY

Gross Profit

$2M2.8% margin

Operating Income

-$342,103-0.4% margin

Net Income

-$2M-2.6% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+52.9%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$30M

Total Liabilities

$22M

Stockholders' Equity

$7M

Cash & Equivalents

$797,227

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$33M	+139.6%
Gross Profit	$2M	$784,466	+175.8%
Operating Income	-$342,103	-$252,718	-35.4%
Net Income	-$2M	-$213,945	-838.6%

Geographic Segments

SWITZERLAND

$883,9191036%

Geography Eliminations

-$798,620-936%