IQSTEL Reports Preliminary H1 Sales ~$207M, Implying $400M+ Annualized Run Rate; Expects Adjusted EBITDA Run Rate Of $8M-$9M After Ultranet Acquisition
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Why It Matters
IQSTEL said its first-half sales were about $207 million, which would mean roughly $400 million a year if that keeps up. They also expect to make $8–9 million in adjusted profit (a way to measure real earnings) after buying a company called Ultranet.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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