iQSTEL Inc. (OTCQX: IQST) is a company on its way to crossing the threshold of 90 million dollars of revenue for 2022 and expects to be profitable and over nine figures revenue for 2023. That would mean that the company is highly undervalued at its current price against the near future revenue and profitability.
This is a powerful moment for the company and it’s shareholders. It was always iQSTEL’s goal to achieve profitability and these recent CFO statements places iQSTEL on track to do just that. “Against all odds, iQSTEL has not only survived but thrived during one of the most challenging times in recent history. We are excited about what the future holds for IQSTEL.” – PubCo Insight Analysis.
The pandemic has been a trying time for businesses around the globe but iQSTEL has managed to not only survive but grow during this time. The company has seen a surge in demand for its products and services as people turn to technology to stay connected. This has resulted in potential higher revenues and profitability for the company.
iQSTEL plans to continue its growth by expanding into new markets and launching new products and services. The projected revenue and profitability does not even include new divisions such as EVoss electric motorcycle/cars, or, Global money one with its app and MasterCard for the underbanked. These additions place the company well-positioned to take advantage of the growing demand for its products and services and is expected to see significant growth in the coming years.
In our opinion, this is a historic moment for iQSTEL as the company crosses the threshold of 90 million dollars of revenue for 2022 and expects to be profitable in 2023. This puts the company on track to achieve its goal of profitability and sets it up for continued growth in the future. Thanks to its strong position in the market, iQSTEL is poised to take advantage of growing demand for its products and services. In our view, the stock market has the company priced well below it’s true value trading at prices not consistent with the companies projected fundamentals. This makes buying iQSTEL shares an attractive opportunity for those looking to get in on a promising company with a bright future.