Filing Flows › iQSTEL (IQST) › Q4 2024
iQSTEL (IQST) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
iQSTEL (IQST) reported revenue of $98.9M for the fourth quarter 2024 (Q4 2024), +109% from a year earlier and +82% from the quarter before. Operating margin was -0.3%, net loss $1.9M (1.9% of revenue).
iQSTEL, Q4 2024: revenue $98.9M (+109% year over year), operating margin -0.3%, net loss $1.9M, operating cash flow −$404K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.9M | +82% | +109% |
| Operating profit | −$298K | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$404K | — | — |
What changed
Revenue was $98.9M in Q4 2024, up 109% year over year and up 82% from the previous quarter.
Gross margin was 2.7%, down 0.8 points from a year earlier. Operating costs exceeded revenue by $298K, an operating margin of -0.3%. Operating expenses grew 103% against revenue growth of 109%. The quarter ended with a net loss of $1.9M, wider than the previous quarter's $773K loss. Net interest and other expense of $1.3M was the main reason.
Operating cash flow was −$404K. Non-cash charges added back $395K of depreciation and amortization and $114K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $18K exceeded it, leaving free cash flow of −$421K.
Questions
What was iQSTEL's revenue in the fourth quarter 2024?
iQSTEL (IQST) reported revenue of $98.9M for the fourth quarter 2024 (Q4 2024), +109% from a year earlier and +82% from the quarter before.
Was iQSTEL profitable in the fourth quarter 2024?
Operating loss was $298K (-0.3% of revenue) and net loss $1.9M.
Source: iQSTEL 10-K on SEC EDGAR.