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Share Name | Share Symbol | Market | Type |
---|---|---|---|
iQSTEL Inc (QX) | USOTC:IQST | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.03155 | 10.18% | 0.34155 | 0.33 | 0.3465 | 0.3465 | 0.305 | 0.31 | 202,424 | 20:59:36 |
New York, NY -- August 17, 2021 -- InvestorsHub NewsWire -- iQSTEL, Inc. (OTCQB: IQST) today announced publishing its Q2 financial statement for FY-2021 on Form 10Q. CEO Leandro Iglesias has summarized highlights of the report in a letter to shareholders below. Later this week, on Thursday, August 19, 2021 the company will publish a comprehensive Earnings Review and Outlook.
Letter To Shareholders Q2 Summary
Dear Shareholders:
The purpose of this letter is to highlight key aspects of financial performance in Q2.
In general:
Reviewing some figures in detail:
In conclusion:
Our revenues are growing, and our balance sheet is getting stronger. We continue to make progress toward our Nasdaq uplisitng objective.
This Thursday we will publish a more comprehensive report taking a deeper dive into our recent financial report in addition to taking a look forward to our future performance expectations.
Thanks for your support.
Leandro Iglesias, CEO
iQSTEL Inc (OTCQB: IQST) (www.iQSTEL.com) is a US-based publicly-listed company with an Independent Board of Directors offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 15 countries. The company provides services to the Telecommunications, Electric Vehicle (EV), Financial Services, Chemical and Liquid Fuel Distribution Industries. iQSTEL has 5 Business Divisions: Telecom, Electric Vehicle (EV), Fintech, Technology and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, Global Money One, IoT Labs and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, international fiber-optic connectivity for 5G, Cloud-PBX, OmniChannel Marketing, EV Batteries, EV Chargers, EV Battery Management System, EV IoT Connectivity, Mobile App For EV Connectivity, EV Dashboard Display, Visa/Mastercard Debit Card, Cryptocurrency Exchange Services, Money Remittance, Mobile Top Up, IoT Smart Gas Platform, IoT Smart Tank Platform, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement & Payments Marketplace SPM (Blockchain Platform).
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc. and its subsidiaries: www.iqstel.com
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