Highlights of Company’s Press Release
IQST – iQSTEL Announces 2022 Net Income Positive $90 Million Revenue Forecast
Press Release | 12/21/2021
New York, NY, Dec. 21, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today continued in the publication of regular updates from the CEO, Leandro Iglesias, in conjunction with the company’s ongoing initiative to up-list on to Nasdaq.
Management, with the support of our BOD, is also confident in iQSTEL’s plan to transition onto the Nasdaq national exchange within the first six months of 2022.
As you consider iQSTEL’s bold objectives for 2022, please take into your consideration our historical track record of setting objectives and achieving, if not exceeding them. We set a $60.5 million forecast for 2021, for instance, and we now anticipate delivering $63 million for FY2021.
This week I am pleased to share with you the latest on our 2022 forecast. We have already announced a preliminary forecast of $80 million based on the expectations of our telecommunications business alone. We have now completed our forecasting for all business lines and our BOD has approved a $90 million 2022 net income positive revenue forecast for all our operations combined.
Happy Holidays,
Leandro Iglesias
CEO
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