The CEO of iQSTEL, Leandro Jose Iglesias has announced that the company hit a revenue mark of $15.5 million in the second quarter of the year, thereby exceeding the targeted monthly revenue of $5 million each month of the second quarter.
He added that iQSTEL is making great strides towards its 2021 revenue projections of $60.5 million.
Iglesias has informed shareholders and clients of the company's goal to reach and surpass the revenue mark of $60.5 million for the entire 2021.
From the initial financial calculations, the iQSTEL pegged the Year-to-date revenue for the first half of 2021 at a total of $29.7.
Iglesias expressed pleasure that the company has grown in the second half of the year beyond the first half, making the prospects even brighter.
The MAXMO, MNPA, and IoTSmartTank are three initiatives of the company that are showing very high promise at the possibility of beginning to make major financial contributions to the company in no time.
What you should know about iQSTEL incorporated
iQSTEL is a publicly listed company in the United States that offers premium Technological and Fintech solutions and services.
The company has a Board of Directors that functions independently and a market presence in 15 countries of the world.
iQSTEL has five distribution industries and several services. The distribution industries are:
● Blockchain
● Electric Vehicles
● Fintech
● Telecoms
● Technology
iQSTEL products and services
iQSTEL offers B2B and B2C services across the globe with services and products like EV batteries and chargers, EV battery management systems, EV IoT connectivity, and EV Dashboard.
Their products and services also include Cloud-PBX, SMS, mobile Top-up, VoIP, and Omnichannel marketing.
You'll also find international fiber-optic connectivity, mobile applications for EV connectivity, Mastercard and Visa Debit cards, money remittance, crypto exchange, and IoT Smart Tank and Smart Gas Platforms.
Finally, they offer services like mobile number probability application (MNPA for Blockchain platforms) and Settlements and Payments Marketplace (SPM for Blockchain Platforms).
The company operates through subsidiaries like SMSDirectos, its chain, Etelix, Global Money One, QGlobal SMS, Swiss Link, and IoT Labs.
A promising outlook for iQSTEL
The company is looking to expand its already solid operations and work on its fast-growing tech and Telecoms business. Although the business generated more than $44 million in 2020, the goal for 2021 is a revenue of $60.5 million or beyond, which sounds as a direct invitation for small Cap stock investors. iQSTEL's drive includes involved in the development of products with high margins, such as mobile number probability application for Blockchain, Remittances, Mastercard and Visa Debit cards, IoTSmartTank, Crypto Exchange services, EV charging, batteries, and IoT connectivity.
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