Form 8-K

8-K — iQSTEL Inc

Accession: 0001663577-26-000100

Filed: 2026-04-10

Period: 2026-04-06

CIK: 0001527702

SIC: 4813 (TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE))

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — iqst8k041026.htm (Primary)

EX-99.1 — PRESS RELEASE DATED APRIL 6, 2026, ANNOUNCING FY 2025 FINANCIAL RESULTS (ex99_1.htm)

EX-99.2 — TRANSCRIPT OF EARNINGS CONFERENCE CALL HELD ON APRIL 7, 2026 (ex99_2.htm)

EX-99.3 — SLIDE PRESENTATION USED DURING THE APRIL 7, 2026 EARNINGS CONFERENCE CALL (ex99_3.htm)

GRAPHIC (image_001.jpg)

GRAPHIC (image_002.jpg)

GRAPHIC (image_003.jpg)

GRAPHIC (image_004.jpg)

GRAPHIC (image_005.jpg)

GRAPHIC (image_006.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: iqst8k041026.htm · Sequence: 1

iQSTEL Inc. - Form 8-K - April 6, 2026

false

0001527702

2026-04-06

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

____________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): April 6,

2026

iQSTEL Inc.

(Exact name of registrant as specified in its charter)

Nevada

000-55984

45-2808620

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

300 Aragon Avenue, Suite 375

Coral Gables, FL 33134

33134

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (954) 951-8191

________________________________________________

(Former name or former address, if changed since last

report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously

satisfy the filing obligation of the registrant under any of the following provisions:

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol

Name of each exchange on which registered

Common Stock

IQST

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company

as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934

(§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. [ ]

Item 2.02 Results of Operations and Financial Condition.

On April 6, 2026, iQSTEL Inc. (the “Company”)

issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2025. A copy of the press

release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information in this Item 2.02 (including Exhibit

99.1) is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended

(the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference

in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference

in such a filing.

Item 7.01 Regulation FD Disclosure.

On April 7, 2026, the Company held a conference call

to discuss its fourth quarter and full year 2025 financial results. A transcript of the conference call is furnished as Exhibit 99.2 to

this Current Report on Form 8-K. In connection with the conference call, the Company also used a slide presentation, a copy of which is

furnished as Exhibit 99.3 to this Current Report on Form 8-K.

The information in this Item 7.01 (including Exhibits

99.2 and 99.3) is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,

as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated

by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by

specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.(d) Exhibits

Exhibit No.

Description

99.1

Press Release dated April 6, 2026, announcing FY 2025 financial results (furnished herewith).

99.2

Transcript of Earnings Conference Call held on April 7, 2026 (furnished herewith).

99.3

Slide Presentation used during the April 7, 2026 Earnings Conference Call (furnished herewith).

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange

Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

iQSTEL Inc.

/s/ Leandro Iglesias

Leandro Iglesias

Chief Executive Officer

Date: April 10, 2026

EX-99.1 — PRESS RELEASE DATED APRIL 6, 2026, ANNOUNCING FY 2025 FINANCIAL RESULTS

EX-99.1

Filename: ex99_1.htm · Sequence: 2

IQST - IQSTEL Reports FY 2025 Financial Results and Enters Next

Phase of EBITDA Expansion

Company Strengthens Its Global Platform and Positions for

High-Margin Growth Across AI, Cybersecurity, and Digital Health

NEW YORK, April 6th, 2026 — IQSTEL Inc. (NASDAQ:

IQST), a rapidly growing global telecommunications and technology company, today reported its financial results for the fourth quarter

and full year ended December 31, 2025.

Financial Performance Overview (2025 vs. 2024)

IQSTEL continued to expand its global business platform, delivering

consistent revenue growth and strengthening its equity base:

Metric

2025

2024

Growth

Revenue

$316.9M

$283.2M

+11.9%

Gross Profit

$9.46M

$8.27M

+14.3%

Stockholders’ Equity

$16.3M

$11.9M

+37.0%

Operational Performance

From an operational standpoint, SMS traffic increased from 13.9

billion to 17.4 billion messages, representing a 25.18% growth, reinforcing the Company’s strategic focus on higher-margin services.

Gross margin improved significantly, increasing 26.28%, from 2.74%

in Q4 2024 to 3.46% in Q4 2025, reflecting enhanced operational efficiency and a more favorable service mix.

Additionally, intercompany routing and platform consolidation initiatives

have further improved efficiency. These strategies optimize operations by leveraging more efficient routing alternatives, directly contributing

to margin expansion.

“Over the past several years,

we have successfully built a strong and scalable global business platform, growing our operations to a $400 million revenue run rate while

maintaining a clean capital structure.

Our core Telecom and Fintech businesses

are already generating positive Net Income and adjusted EBITDA, providing a solid foundation for the next phase of our growth.

We are now entering a new stage

focused on expanding EBITDA through high-margin services such as AI, cybersecurity, and digital health. By leveraging our global platform

and relationships with over 600 telecom operators, we believe we are uniquely positioned to accelerate growth and create significant long-term

value for our shareholders.” - said Leandro Iglesias, CEO of IQSTEL

A Proven and Scalable Business Platform

Over the past several years, IQSTEL has successfully built a strong

and scalable commercial platform, growing its business from tens of millions of dollars in revenue to a current $400 million revenue run

rate, with approximately:

• 80% generated by

Telecom services

• 20% generated by

Fintech services

The Company’s core operating businesses — Telecom and

Fintech — currently generate over $2.7 million in adjusted EBITDA, demonstrating the strength and profitability of its operations.

Importantly, IQSTEL maintains a clean capital structure:

• No convertible

notes outstanding

• No warrants outstanding

This provides a strong and disciplined financial foundation for

future growth and shareholder value creation.

A Unique Global Distribution Platform

IQSTEL has developed a highly valuable global business platform

that already reaches:

• Over 600 of the

largest telecom operators around the world

• Approximately 2.3

billion end users through its partners

• Presence across

21 countries in four continents

This platform represents a powerful and scalable global distribution

engine, positioning IQSTEL as an attractive partner for companies seeking to penetrate the telecom industry at scale.

As a result, IQSTEL is uniquely positioned to rapidly commercialize

new technology services across a broad and established customer base.

Entering the Next Phase: EBITDA Expansion Through High-Margin Services

Having successfully built its commercial platform, IQSTEL is now

entering a new phase focused on EBITDA and Net Income expansion, driven by the introduction of high-tech, high-margin services, including:

• Artificial Intelligence

(AI)

• Cybersecurity solutions

• Digital Health

services

These new verticals are expected to:

• Improve overall

margin profile

• Accelerate EBITDA

growth

• Enhance long-term

shareholder value

By leveraging its existing global platform, IQSTEL can scale these

services efficiently without requiring significant additional infrastructure investment.

Outlook and Strategic Direction

IQSTEL remains focused on executing a clear and disciplined growth

strategy:

• Achieving $1 billion

in annual revenue within the next 24 months

• Expanding EBITDA

through higher-margin service offerings

• Continuing to strengthen

its balance sheet and capital structure

Conference Call Participant Details

April 7, 2026 at 8:30am ET

North American Toll Free: 1-888-880-3330 or 1-646-357-8766

Audience URL: https://app.webinar.net/xGlRbGoba5n

About IQSTEL Inc.

IQSTEL Inc. (NASDAQ: IQST)

is a global telecom and technology company operating in 21 countries with over 600 Telecommunication Carrier Interconnections. The company

delivers international voice, SMS, messaging, connectivity, and mobile financial services to telecom operators and enterprise customers

worldwide. Built through a decade of organic growth and strategic acquisitions, IQSTEL is now expanding into AI-powered communications

and cybersecurity through its RealityBorder.com AI Division and Cycurion partnership.

For more information, please visit www.IQSTEL.com.

Official Investors Landing Page: www.landingpage.iqstel.com

Safe Harbor Statement:

Statements in this news release may

be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions,

beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or

conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend",

"could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These

statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management.

Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking

statements include, among others, the following: our ability to successfully market our products and services; our continued ability

to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom

products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products

and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing

and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations;

our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and

Exchange Commission.

These statements are not guarantees

of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and

results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors.

Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any

forward-looking statement to reflect events or circumstances after the date of this news release.

Media and Investor Relations:

Ethan Walfish

Head of Investor Relations

IQSTEL Inc.

300 Aragon Avenue, Suite 375

Coral Gates, FL 33134

Email: ir@iqstel.com

EX-99.2 — TRANSCRIPT OF EARNINGS CONFERENCE CALL HELD ON APRIL 7, 2026

EX-99.2

Filename: ex99_2.htm · Sequence: 3

IQSTEL Inc.

Q4 2025 and Full Year

2025 Financial Results

Event Date/Time: April

7, 2026 — 8:30 a.m. E.T.

Length: 39 minutes

Corporate

participants

Ethan Walfish

SW Investor Relations

— Head of Investor Relations

Leandro Iglesias

IQSTEL Inc. —

Chief Executive Officer

Alvaro Quintana

IQSTEL Inc. —

Chief Financial Officer

Conference

Call Participants

Barry Sine

Litchfield Hills Research

— Analyst

PRESENTATION

Operator

Thank you

for standing by. At this time, I would like to welcome everyone to the IQSTEL Investor Conference Call to discuss Q4 2025 and full year

2025 financial results. All lines have been placed on mute to prevent any background noise.

After the

speakers’ remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press

*, followed by the number 1 on your telephone keypad. If you would like to withdraw your question, press *, 1 again.

I would

now like to turn the conference over to Ethan Walfish, Head of Investor Relations.

Sir, the

floor is yours.

Ethan

Walfish — Head of Investor Relations, SW Investor Relations

Good morning,

and thank you for joining IQSTEL’s fourth quarter and full year 2025 earnings call. Joining me today, I’m pleased to have

Leandro Iglesias, Chief Executive Officer; and Alvaro Quintana, Chief Financial Officer.

The recording

of today’s call will be archived and available in the Investor Relations portion of our website for a minimum of 30 days.

During

the call, we will make forward-looking statements, such as dialogue regarding our revenue expectations or forecasts for remaining quarters

in the full fiscal year of 2026 and 2027. These statements are based on our current expectations and information available as of today

and are subject to a variety of risks, uncertainties, and assumptions.

Actual

results may differ materially as a result of various risk factors that have been described in our periodic filings with the SEC. As a

result, we caution you against placing undue reliance on these forward-looking statements.

We assume

no obligation to update any forward-looking statements as a result of new information or future events, except as required by law. In

addition, other risks are more fully described in the IQSTEL’s public filings with the US Securities and Exchange Commission, which

can be reviewed at www.sec.gov.

Yesterday,

April 6, 2026, the Company filed the SEC its Form 10-K for Q4 and full year 2025 and, afterwards, issued a press release announcing those

financial results. So participants of this call, who may not have already done so, may wish to look at those documents as we provide a

summary of the results on this call.

With that,

I will now turn the call over to our CEO, Leandro Iglesias.

Leandro

Iglesias — Chief Executive Officer, IQSTEL Inc.

Thank you

very much, Ethan. Thank you.

Let’s

talk a little bit about the strategic overview of the Company. And 2025 has been a year of strong execution and continued growth for IQSTEL.

We have

successfully expanded our global business platform, reaching approximately $316.9 million in revenue, representing 11.9 percent year-over-year

growth, while strengthening our equity position by 37 percent.

But more

importantly than the numbers, we have built a high scalable global commercial platform. Today, IQSTEL reaches over 600 of the largest

telecom operators worldwide, has access to approximately 2.3 billion end users through our customers, operates across 21 countries and

multiple regions.

This is

not just a telecom operation. This is a global distribution platform. Over the past year, we have grown from tens of million dollars in

revenue to a current $400 million run rate revenue, building the foundation for the next phase of our company.

We are

entering nowadays in the new stage of the Company that we named the transition of the Company. This transition phase, the first phase,

was about the building the platform and scaling the revenue. And the second phase, where we are today, is about expanding the EBITDA and

profitability.

Our core

businesses, Telecom and Fintech, are already generating over $2.7 million adjusted EBITDA, providing the strength of our model, now also

operating with clean capital structure, with no convertible notes and no warrants. This gives us a very solid foundation to grow efficiently

and create shareholder value.

From operational

perspective, we continue to improve both scale and efficiency. SMS traffic increased from 13.9 billion to 17.4 billion messages, representing

25.18 percent growth, reinforcing our focus on higher-margin services.

At the

same time, gross margin improved significantly, increasing 26.28 percent from 2.74 percent to 3.46 percent, driven by a better service

mix, increased focus on higher-margin segments, and operational efficiency improvements. Additionally, our company routing and platform

consolidation strategy are contributing directly to margin expansion.

I want

to take a moment to emphasize what we believe is the most important asset of our company is our business platform. We already have trusted

relationships with global telecom partners, a proven B2B sales engine, and a global footprint. This allows us to deploy new service globally,

scale quickly without heavy investment, and increase revenue per customers. And this is what makes IQSTEL unique.

This margin

growth strategy we are leveraging this platform to introduce high-tech, high-margin services, including artificial intelligence, cybersecurity,

digital health. These services share key characteristics. All of them have recurring revenue models, higher margin, and strong scalability.

And most importantly, they can deploy through our existing customer base. We don’t need to build a distribution channel; we already

have it.

We are

particularly excited about our entry into the digital health market. This is a multibillion-dollar global opportunity, driven by aging

populations, rising healthcare costs, and the shift toward remote care. By leveraging our Telecom platform, we believe that we can become

in a key distribution channel for digital health services globally.

Even under

conservative assumptions, including penetration of less than 1 percent of our reachable base of 2.3 billion users, this represents a multibillion-dollar

revenue opportunity over time. And this is a very important step in our transformation into a high-tech platform company. We will provide

in more details on this vertical in the near future.

Looking

forward, our strategy remains clear: achieve $1 billion in revenue within the next 24 months, expand EBITDA through higher-margin services,

and continue strengthening our balance sheet. We believe that we are in very strong position to execute this plan.

In summary,

we have built the platform. Now we’re expanding the margins, and we are entering in a new high-growth vertical. We believe that

this combination creates a very compelling opportunity for long-term shareholders and value creation.

Thank you.

Alvaro

Quintana — Chief Financial Officer, IQSTEL Inc.

Thank

you, Leandro. From a financials perspective, we are pleased with our performance during 2025. For 2025, IQSTEL delivered another year

of scale expansion and margin improvement, driven by disciplined execution across all business lines.

Revenue

reached $316 million, up 12 percent year over year, with QXTEL contributing 39 percent of total revenue and validating our acquisition

strategy with immediate material impact.

Our gross

margin increased 14 percent, rising to $9.46 million, supported by the decisive shift toward higher-margin SMS and Fintech revenue, as

well as routing efficiencies across the group. SMS volume surged 25 percent, reinforcing this margin trajectory and positioning us for

continued expansion.

Telecom

remained a profitable engine, generating $1.9 million in operating income, while Fintech delivered $27.9 million in its first full year,

an important diversification milestone that strengthens our revenue mix and reduces dependency on legacy voice.

We closed

the year with positive working capital of $1.56 million, a stable liquidity position, interoperational controls across subsidiaries, integration

synergies from QXTEL and GlobeTopper are already flowing through P&L, and we expect additional leverage as we scale artificial intelligence

commercialization.

Our financial

posture is clear. We are growing. We are expanding margins. We are building a more diversified, higher-quality revenue base. The foundation

is in place for continued acceleration. We remain focused on operational discipline, efficiency, and profitability.

Ethan Walfish

Thank you,

Alvaro. And with that, we are now ready to take questions.

Q&A

Operator

Thank

you. We will now begin the question-and-answer session. If you would like to ask a question, please press *, then the number 1 on your

telephone keypad to raise your hand and join the queue. If you would like to withdraw your question, simply press *, 1 again.

Your first

question comes from Barry Sine with Litchfield Hills Research. Your line is open.

Barry

Sine — Litchfield Hills Research

Hey. Hello,

gentlemen. Couple questions, if you don’t mind. First of all, a very exciting announcement on digital healthcare, and I’m

looking forward to the additional details, but a couple questions on that.

So if I

think about that market, obviously a huge market. One opportunity is obviously telemedicine, although you do need to still have a human

licensed doctor on the other end. You talk in your announcement about data over IoT devices for healthcare monitoring and also predictive

technology.

Could you

give us a little more—and I guess you’re going to roll out more information at the telecom conference in May in Washington—could

you give us a little more information on what you’re looking to do? What those services are likely to entail? Will they be telemedicine?

What are you looking to do in healthcare?

Leandro Iglesias

Thank you,

Barry. Thank you very much for being here and asking this question. Well, listen, we are really excited about this opportunity. We are

in the process to adding value to our current business relations that we have with the largest telecommunications companies around the

world. And basically, one of the things that we identify is that all of them are needing services for the aging people in order to supervise

the information, the signal, the vital signals of the aging people, where they are, if they slip in the floor or something.

And in

that sense, today, we issued a press release because we reached an MOU with a Taiwan company that is providing not only the technology;

they provide the devices for all the aging people. That basically, they are entering in—gathering the information using the telecom

networks and offering to the end users in the telecom, in the mobile users, to using like a watch or another devices, gathering information

about all the vital information, and entering this information into an AI platform and analyze the situation and call to emergencies

or asking for supervising, and these kind of services is that we are going to offer.

At this

point, we reached an agreement, already an agreement with this company. We are working on the products and services, and we are planning

to launch them in 40 days in the International Telecom Week in Washington. And our idea is to offer to our customers a solution they can

offer to the end users and taking advantage that we have built these relations that our customers trust in us.

And we

are going to offer something very valuable for the end users: this collecting data and monitoring the health of the aging people. So that’s

the strategy that we are following. At this point, we are working in the portfolio of products that we are going to launch and preparing

all the marketing materials, but we are really excited about this opportunity, Barry.

Barry Sine

Okay. Then

for—

Alvaro Quintana

And let

me add something about this, Barry. Remember, we have 600 interconnections agreements with the biggest mobile and telecom operators around

the world. They serve 2.3 billion end users. So just imagine the huge opportunity that we have here by providing our customers, the telecom

operators, the opportunity to pass through their end users these kinds of services and devices. This is where the opportunity lies.

Barry Sine

Okay. That’s

very helpful. I wanted to also ask a question. If we look at the results that you’ve just reported—and I haven’t read

the 10-K yet; seen the 10-K yet, and that’ll have a lot more detail—but over the last couple of years, you’ve done a

number of acquisitions. I don’t know if my number’s right, but I count nine major acquisitions.

And you

still, when we’ve talked, they were different software platforms. You were looking to, first of all, get everything onto an integrated

voice platform. Then you were going to do SMS next. If you could give us a sense of where we are on that integration process. What are

the financial impacts? Are there still margin improvements to come in 2026 and future as a result of that integration? Is it all done?

And then

also, on those prior acquisitions, you have a lot of acquisitions where you initially bought 51 percent, but you have the rights to go

up to 49 percent. Where are we on that process? And particularly, the one I’m really interested, obviously, is QXTEL. So if you

could talk a little about that, please?

Leandro Iglesias

Sure, Barry.

But, listen, this is not a question. This is like three questions, so no problem. We are going to try to address all of them. Listen,

our first—let’s start talking about the minority interest acquisitions that we are in the process to perform.

In some

of the companies that we acquired at 51 percent, we have been working with them in the process to complete the acquisition of the minority

interest because our vision is to create one single big corporation with all the services in order to reduce the technical and technological

platform costs, reduce the executive payroll, increase the synergies, maximize the opportunities between the different markets, and different

traffic that we have in the switch.

So this

is something that we are in the process, and we are going to execute this plan this year. Our idea is to close those acquisitions, and

we have the goal to take the control about the 100 percent on the companies that is going to represent the 95 percent of our revenue and

the 95 percent of our EBITDA and net income and cash. So it is something that is going to happen, is planned to going to happen this year.

And this is something that is very valuable to us in order to gather all of our operations and create the maximum synergies possible.

But at

the same time, we have been working on getting one single platform for all the subsidiaries. At this point today, we have three full subsidiaries

running in the same platform. That is QXTEL, ETELIX and SWISSLINK. They are running in full in the whole business for the voice. And we

are moving the SMS business too this year. That’s the plan.

So we

are going to have like the 95 percent of the revenue and the EBITDA in one single platform too. So our idea is clear, is to create a

corporation having everything in one platform and increase the synergies and reduce the cost.

The initial

impact that we have predicted for having all the companies in one single platform is in two avenues. The first avenue is in cost reductions

about the technological side. And the second avenue is about the synergies that you are going to create and having this seamless management

through the different companies and interconnections and all the things.

Listen,

we have been doing this process for almost a year. We started in 2025, and this process has been complex process. Remember that when we

say that we have 600 high-value interconnections with the largest telecommunications companies around the world, we are talking about

technical interconnections, security standpoints, commercial standpoints, agreements standpoints.

So to move

everything to one single platform is something that we’ve started. And listen, we don’t want to miss anything of the opportunities

in this process. And we have to be—this has to be done seamless in order for our customers and our vendors and our employees too.

So at this

point, the plan is having the 100 percent of the companies for the 95 percent and 5—and 95 percent of the revenue and the EBITDA

and net income. And the 95 percent of the revenue is going to be in one single platform. And we are in this process.

And I’m

giving you a number that is our expectations. I believe that Alvaro could drill down this number. But we think that we are going to save

around $500,000, $0.5 million per year, just in savings and cost reductions for having everything one single platform.

I don’t

know, Alvaro, if you can give more details about all this strategy.

Alvaro Quintana

Sure.

Barry, there is a figure that you will see in the 10-K. That is the intercompany revenue is showing in a couple of tables in the 10-K.

And that number went from $22 million in 2024 to $41 million in 2026. So we almost doubled the business that is being done among all

our subsidiaries. That means, in practical sense, that, for example, ETELIX is sending traffic to SWISSLINK or QXTEL or Whisl or smarvis,

taking advantage of better cost termination and better quality.

So that’s

a clear example of how we are managing the synergies among all our subsidiaries. That is also impacting our gross margin percentage that

increased 26 percent from 2024 to 2025. So synergies are there. We are proving our business model is working.

And, as

Leandro mentioned, we are just in the first phase. Now we are implementing a reduction in operational costs, administrative costs. We

are finalizing the integration in just one, switching platform for all subsidiaries or most of them. So I think the numbers are right

and are already impacting our own financial results.

Barry Sine

Okay. That’s

very helpful. My next question, you have recently publicly laid out a roadmap for acquisitions in 2026. And, Leandro, I know that in the

past, almost all of your acquisitions, maybe all of them, have been of companies where you’ve been in the business for many decades,

and you’ve made a lot of relationships. And most of the acquisitions in the past have been companies that were run by people that

you’ve known and worked with for many, many years. Is that still the model?

And then

the acquisitions that you’ve laid out for this year, are you still leveraging that? And then how many more of these do you have

in your back pocket that you could pull the trigger on, companies where you know the CEO, you work with them, and you could grow the Company

through acquisition?

Leandro Iglesias

Thank you,

Barry. You put me in a tough situation, telling this to the—let me try to answer this without saying something that I cannot say.

Well, listen, the path of our company is clear. We have the intention to acquire a couple of companies, and we have the goal to reach

the $50 million EBITDA run rate for this year.

So to

do that, we have two acquisitions in the radar. One has been already negotiated. We are entering in the purchase agreement. But it’s

something that we are going to do this year, that is going to be a new thing for the shareholders, is when we are going to send a proxy

to the shareholders, explaining all the economics of behind this acquisition to get the approval from them. That’s the first thing,

so.

But each

of them is going to add around $5 million to $6 million EBITDA. And in both cases, we are talking about three to four years payment terms

contingency to results. So it’s something that is not going to put pressure in our cash flow and is going to be very manageable

for—managed for us those acquisitions.

And in

one of the companies is the same case, Barry, is people that I have been working with them for 10, 15 years. And the other is a company

that has been introduced by one of our subsidiaries and has a very, very strong value because it’s going to add like eight countries

in penetration and something. And we are really excited about this process.

But, listen,

the new here in this process is that we are going to file this to the—in a proxy and asking the—explaining to the shareholders

what is going to be the decision and what economical is going to be with this acquisition. And they are going to vote about this. And

we are on track on this. Listen, we have—like the current business that we have, we are in the process to having all the businesses

move to one single platform, the minority interest acquisition, and third one complete those acquisitions with this.

And, listen,

the big picture of this is that this picture is going to be that we are going to have present around 20, 30 countries around the world.

And we are going to have like 50 to 700 larger interconnections and business relations with the largest telecom companies around the world.

And we are really excited about this, all this process and everything.

But, listen,

if—we have been working like in telecommunications adding fintech services at the same time. We have a lot of products and services

with AI that we have been—that we have launched, and we have started to generate the traction, the commercial traction for them

because we only—we want to be perceived by the market, like a high-tech telecommunications company. And we are adding AI services

over our current services.

But more

than this, in this event in Washington, we are going to launch our cybersecurity solutions for the telecom industry because we have a

sibling company, that is Securium, that we are going to use their platform to sell to our customers too. And in addition, we are going

to launch our digital health services too. So we are in this process of growth creating new verticals and taking advantage of the business

relations that we have.

If I have

to say something, summarizing in like a pitch elevator about our company, our company is way more than a telecommunication or technology

company. Our company is a very sophisticated business distribution channel around all the largest telecommunications companies around

the world, that we have been building these relations for years, selling millions of dollars. They trust in us, and this is the right

time to taking advantage of those B2B relations with the top executives on those companies and start offering high services, high technological

services and high value, high margins.

And we

are like in this point that the Company is going to start to generate new revenue streams with high margin. And we are really excited

about all this process, in addition, of course, of the things that I said about the acquisitions and growing our current business and

improving the platform and everything. We are in this turning point for the Company, for the growing and the things that we are going

to be, because we have something very valuable.

Listen,

you have us, maybe too, to try to build all those relations, and maybe you need years and invest millions of dollars to try to build those

relations. And this is—the business relations that we have is the real value of our company nowadays. And it’s going to be

in—right now, the management is working to take an advantage of this and explore it.

Alvaro,

I don’t know if you want to add anything at this point.

Alvaro Quintana

No, I think

you summarized it very well.

Leandro Iglesias

Perfect.

Barry Sine

And one

more question, if you don’t mind. Leandro, you just mentioned you’re looking to have a presence in 30 countries. One of those

countries, Venezuela, is obviously very important to the Company, as well as to the executives personally, and we’ve seen some very

positive changes recently in Venezuela. Do you see opportunities, as a result of the changes that are happening in Venezuela, that you

can—that IQSTEL can take advantage of?

Leandro Iglesias

Sure. Well,

listen, when we were talking about 30 countries, we are thinking in eight, nine countries in other continents, is different than America.

But Venezuela is a particular case because Alvaro and I were born in Venezuela, even though I moved from Venezuela 12 years ago. I have

been living in other countries, in Spain, so, because Spain is like the centre of our operation because we have operations in 21 countries,

and it’s strategically for the operation.

But talking

about Venezuela, at this point, we are exploring things, and we have been evaluating to start exploring what are going to be the participation

of IQSTEL could have in Venezuela nowadays. To be completely honest, all the meetings that we have had, they see that being a NASDAQ US

company, or the current political trend that Venezuela has is a strength, to be completely honest.

And we—but,

listen, we want to—whatever we are going to do in Venezuela is something related with technology in high technological services,

high-margin services. And we want to be sure that it’s going to be a solid step, whatever we are going to do. But of course, Barry,

to be completely straightforward, we are evaluating this, but we haven’t carried this, bring this to the Board of Directors yet,

because we want to have the whole plan development before to start moving ahead. It’s just a thing that we are evaluating so far.

I don’t

know, Alvaro, because this is part of the things that you are leading, that you can say about this—

Alvaro Quintana

No, we

are keeping an eye on the situation of how it’s been developing. Of course, we have a direct contact with CEOs and the C-levels

in the telecom operators in Venezuela. We used to do business with them, with all of them, in the past. And of course, the opportunity

is there. And we were—we are going to take advantage of our knowledge of the market, our connections. And of course, if that brings

a value to our business, we are going to do it for sure.

Barry Sine

Okay. Thank

you very much, gentlemen. Those are my questions.

Operator

Once again,

if you would like to ask a question, please press *, then the number 1 on your telephone keypad.

That concludes

our question-and-answer session. I would now like to turn the conference back over to Leandro Iglesias, President and CEO (sic) [CEO],

for any further remarks.

Leandro Iglesias

Thank you.

I truly believe that I want to say something to take away of this call. And we are in the process to improve the communications with our

shareholders and creating value for our shareholders. We added a professional IR firm to improve the communication. And we promise that

we are going to start giving these earning calls in a quarterly basis with the intention to having the opportunity to all the shareholders

asking us about the Company and everything. And we are going to be keeping working on this path.

But, listen,

and to take away of this call, I want to say something. We have been developing this great company that we have, creating 600 business

relations with the largest telecommunications companies around the world. And we have the 2.3 billion of end users to reach through them.

And more

than this, I want that you see IQSTEL more than a telecommunications company that it is entering in fintech and in other technologies.

See IQSTEL like a powerful distribution channel to the largest telecommunications companies around the world to offer them high-tech,

high-margin services.

Listen,

we already have in the Company things that maybe you need years and millions dollars to invest to create those relations. And maybe you

cannot make it, and we already have in the Company. And we are, right now, in the process to taking advantage of all those relations,

improving value-added services and high-technology services to our customers. And we are really excited.

And we

are pretty sure that, sooner than later, the market is going to understand that the real value of our company is not just the revenue

and all the things that we have. It’s a commercial business platform that we have, and this distribution channel. And we are really

excited about the launch of cybersecurity in 40 days and the launch of digital health services because, in the case of digital health

services—and we issued a press release today about this—just using conservative projection, it’s a multibillion business

opportunity for us.

And we

are in this point where the Company’s going to turning the corner and start growing the business in a very fantastic way. And over

the next months, you are going to see the transformation where the Company is nowadays, where the Company’s going to be becoming

in a $1 billion revenue company. And we are really excited because of the moment that we are living nowadays.

And, Alvaro,

do you want to add anything?

Alvaro Quintana

So, basically,

say thank you to all the people that joined the call. We are very pleased with your presence here. No. We are working hard, continue doing

business every day for the good of our shareholders. And basically say thank you for your support for looking after our company. Goodbye,

everybody.

Leandro Iglesias

Goodbye

and thank you very much for supporting and attending to this earnings call. Thank you.

Operator

This concludes

today’s call. Thank you so much for attending. You may now disconnect and have a wonderful rest of your day.

EX-99.3 — SLIDE PRESENTATION USED DURING THE APRIL 7, 2026 EARNINGS CONFERENCE CALL

EX-99.3

Filename: ex99_3.htm · Sequence: 4

www.iqstel.com FY 2025 Earnings Call investors @iqstel.com Q4 & Full Year 2025 Results April 7, 2026 (NASDAQ: IQST)

FY 2025 Financial Highlights IQSTEL delivered record revenue and continued margin expansion in FY 2025, driven by disciplined execution across all business lines. $2.7 million $42.3 million IN TOTAL ASSETS IN ADJUSTED EBITDA 12% $16.3 million IN NET STOCKHOLDER EQUITY YEAR - OVER - YEAR GROWTH In FY25 , we achieved: 316.9 million in revenue $ 2

Operational Highlights Operational Highlights 3 ● SMS volume: 17.4 billion messages (+25% YOY) ● Gross margin improved to 3.46% (up 26% YOY) ● 600+ global telecom operator relationships ● 2.3 billion end - users reachable through customers ● Operations across 21 countries ● Clean capital structure: no convertible notes, no warrants TELECOM AI CYBERSECURITY DIGITAL HEALTH AI - enhanced telecom services and proprietary white - label solutions. Market estimated at $200B with 35 - 40% CAGR. Next - generation cybersecurity solutions deployed through our existing B2B telecom relationships. High - margin, recurring revenue model. Multi - billion - dollar opportunity serving aging populations via our telecom distribution. Even <1% penetration of 2.3B users = transformational revenue.

200 400 600 800 1000 Our 2027 Vision 2027 2025 2026 High - Margin Growth Strategy Leveraging our global telecom platform of 600+ operators and 2.3 billion reachable users to deploy high - margin services across three key verticals. Platform Advantage Leveraging existing relationships with major telecom clients to drive cross - selling and maximize revenue potential. Revenue path: $316.9M (FY2025) → $400M run rate → $1B by 2027 4

Digital Health — A New Vertical IQSTEL is entering the digital health market, a multi - billion - dollar global opportunity driven by aging populations, rising healthcare costs, and the shift toward remote care. Our global telecom platform gives us a unique distribution advantage. $400B+ 15 - 20% ANNUAL CAGR GLOBAL MARKET SIZE <1% $27.9M FINTECH DIV. FY 2025 REVENUE PENETRATION FOR MAJOR OPPORTUNITY 2.3B reachable users through our telecom platform $ 5

www.iqstel.com Thank you investors @iqstel.com Q4 & Full Year 2025 Results April 7, 2026 (NASDAQ: IQST) Leandro Iglesias President & CEO Alvaro Quintana CFO & Director

GRAPHIC

Filename: image_001.jpg · Sequence: 5

Binary file (17213 bytes)

Download image_001.jpg

GRAPHIC

Filename: image_002.jpg · Sequence: 6

Binary file (26162 bytes)

Download image_002.jpg

GRAPHIC

Filename: image_003.jpg · Sequence: 7

Binary file (36908 bytes)

Download image_003.jpg

GRAPHIC

Filename: image_004.jpg · Sequence: 8

Binary file (28478 bytes)

Download image_004.jpg

GRAPHIC

Filename: image_005.jpg · Sequence: 9

Binary file (30715 bytes)

Download image_005.jpg

GRAPHIC

Filename: image_006.jpg · Sequence: 10

Binary file (17055 bytes)

Download image_006.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 15

v3.26.1

Cover

Apr. 06, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 06, 2026

Entity File Number

000-55984

Entity Registrant Name

iQSTEL Inc.

Entity Central Index Key

0001527702

Entity Tax Identification Number

45-2808620

Entity Incorporation, State or Country Code

Entity Address, Address Line One

300 Aragon Avenue

Entity Address, Address Line Two

Suite 375

Entity Address, City or Town

Coral Gables

Entity Address, State or Province

Entity Address, Postal Zip Code

33134

City Area Code

(954)

Local Phone Number

951-8191

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock

Trading Symbol

IQST

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration