For the quarter ending 2026-03-31, IQST made $97,919,836 in revenue. -$1,385,936 in net income. Net profit margin of -1.42%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 97,919,836 | 84,215,893 | 102,867,553 | 72,183,236 |
| Cost of revenue | 95,839,138 | 81,305,799 | 100,126,838 | 70,311,749 |
| Gross profit | 2,080,698 | 2,910,094 | 2,740,715 | 1,871,487 |
| General and administration | 3,038,707 | 3,174,014 | 3,299,798 | 2,527,716 |
| Impairment loss of goodwill | - | 2,168,552 | - | - |
| Total operating expenses | 3,038,707 | 5,342,566 | 3,299,798 | 2,527,716 |
| Operating loss | -958,009 | -2,432,472 | -559,083 | -656,229 |
| Other income | 26,667 | 24,580 | 48,739 | 22,286 |
| Gain on settlement of salary payable | - | 433,962* | - | -216,981 |
| Gain on settlement of debt | - | -433,962* | -1,345,889 | -878,592 |
| Other expenses | -88,093 | -64,719 | -55,058 | -68,584 |
| Interest expense | 350,998 | 280,896 | 342,659 | 459,118 |
| Change in fair value of derivative liabilities | - | - | - | 0 |
| Total other expense | -412,424 | -321,035 | -1,694,867 | -1,600,989 |
| Net loss before provision for income taxes | -1,370,433 | -2,753,507 | -2,253,950 | -2,257,218 |
| Income taxes | 15,503 | -62,485 | 71,919 | 91,696 |
| Net loss | -1,385,936 | -2,691,022 | -2,325,869 | -2,348,914 |
| Diluted EPS | -0.29 | -0.715* | -0.68 | -0.82 |
iQSTEL Inc (IQST)
iQSTEL Inc (IQST)