For the quarter ending 2025-09-30, IQST made $102,867,553 in revenue. -$2,325,869 in net income. Net profit margin of -2.26%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 102,867,553 | 72,183,236 | 57,632,816 | 75,167,532 |
| Cost of revenue | 100,126,838 | 70,311,749 | 55,697,858 | 73,123,429 |
| Gross profit | 2,740,715 | 1,871,487 | 1,934,958 | 2,044,103 |
| General and administration | 3,299,798 | 2,527,716 | 2,539,184 | 2,261,807 |
| Total operating expenses | 3,299,798 | 2,527,716 | 2,539,184 | 2,261,807 |
| Operating loss | -559,083 | -656,229 | -604,226 | -217,704 |
| Other income | 48,739 | 22,286 | 23,228 | 16,222 |
| Other expenses | -55,058 | -68,584 | -11,162 | -3,073.5 |
| Interest expense | 342,659 | 459,118 | 531,726 | 419,781.5 |
| Loss on settlement of salary payable | - | -216,981 | - | - |
| Change in fair value of derivative liabilities | - | 0 | - | -164,628.5 |
| Loss on settlement of debt | -1,345,889 | -878,592 | - | -151,516 |
| Total other expense | -1,694,867 | -1,600,989 | -519,660 | -874,293.5 |
| Net loss before provision for income taxes | -2,253,950 | -2,257,218 | -1,123,886 | -1,091,997.5 |
| Income taxes | 71,919 | 91,696 | 20,575 | 56,138.5 |
| Net loss | -2,325,869 | -2,348,914 | -1,144,461 | -1,295,009 |
| Basic and diluted loss per common share | -0.68 | -0.82 | -0.44 | -0.01 |
iQSTEL Inc (IQST)
iQSTEL Inc (IQST)