IQST is going brrrr today following the release of an official shareholder update. The rally is driven by the following verified catalysts:
Massive Net Income Expansion: The company announced a binding Memorandum of Understanding (MOU) to acquire a 51% stake in Ultranet Telecom Group. This single transaction immediately adds $130 million in annual revenue and $4.5 million in net income, resulting in a 4x increase in the company's operational net income.
Upward Revenue Guidance Revision: Due to the Ultranet acquisition, iQSTEL's annualized revenue run rate has surpassed $500 million. Consequently, management has increased its fiscal year 2026 revenue guidance to a range between $430 million and $560 million.
Active Share Buyback Program: Momentum is further supported by the board's recent authorization of a share repurchase program. The company is actively buying back up to 1,000,000 shares using cash reserves from its profitable subsidiary, QXTEL, signaling strong internal confidence.
This isn't financial advice, I just wanted to share the joy since I picked up this stock a while ago through this sub. I believe this will grow quite a bit more.