IQSTEL Inc. has released its Q1 2025 financial results, marking a significant milestone following its recent uplisting to the NASDAQ Capital Market. The company reported $57.6 million in revenue, representing a 12% year-over-year increase. Gross profit rose by 40% year-over-year to $1.93 million, with a gross margin improvement of 25%, reaching 3.36% compared to 2.68% in Q1 2024. The Telecom Division recorded an Adjusted EBITDA of $0.59 million and a net income of $0.25 million. IQSTEL's stockholders' equity stands at $11.6 million, or $4.38 per common share. The company emphasized its solid balance sheet and views these results as the beginning of its growth journey, aiming to accelerate both top-line and bottom-line growth. With over 600 telecom clients worldwide and a robust fintech roadmap, IQSTEL is focused on creating long-term shareholder value. The company highlighted its undervalued market cap, currently about 10% of its 2024 revenue, and remains dedicated to achieving a market capitalization of $1 billion by 2027.