IQST – iQSTEL Announces $29.7 Million YTD Preliminary Revenue Results Well On Track To Meet Or Exceed $60.5 Million 2021 Forecast
New York, NY, July 19, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced achieving $15.5 million in revenue for Q2 2021, based on preliminary accounting results. The company exceeded $5 million in revenue each month of Q2. Management reports that iQSTEL is well on its way to meet or exceed its 2021 $60.5 million revenue forecast.
In a recent shareholder letter, Leandro Jose Iglesias stated, "Our goal is not only to reach our revenue forecast of $60.5 Million, but to surpass it".
Year to date (YTD) revenue for the first six months of 2021, based on preliminary accounting results, totals $29.7 million illustrating the company’s "Passion for Execution".
Leandro Iglesias commented: "We are halfway through the year, and historically we have grown more in the second half of the year than in the first half. We are really excited about all of iQSTEL’s initiatives to include, MNPA, MAXMO, and IoTSmartTank – all of which are very close to beginning to make top and bottom line contributions, adding revenues with high EBITDA.