IQST Q3 2020 Earnings — iQSTEL Inc. Revenue & Financial Results | Market Cap Arena

IQSTiQSTEL Inc.

$6M

Q3 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$13M+218.6% YoY

Gross Profit

$133,0131.0% margin

Operating Income

-$825,774-6.2% margin

Net Income

-$944,001-7.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+19.4%

Cash Flow

Operating Cash Flow

-$400,206

Free Cash Flow

-$419,680

Stock-Based Comp.

$117,944

Balance Sheet

Total Assets

$5M

Total Liabilities

$8M

Stockholders' Equity

-$2M

Cash & Equivalents

$647,334

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$4M	+218.6%
Gross Profit	$133,013	$243,410	-45.4%
Operating Income	-$825,774	-$249,372	-231.1%
Net Income	-$944,001	-$4M	+73.3%

Geographic Segments

U S A

$12M88%

Switzerland

$2M12%