iQSTEL Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.26	2.51	1.36	1.33	3.33	0.75
Cash & Short-Term Investments	2.26	2.51	1.36	1.33	3.33	0.75
Cash Growth	6.32%	84.22%	2.50%	-60.14%	342.68%	178.49%
Accounts Receivable	23.98	57.16	12.54	4.21	2.54	2.53
Other Receivables	0.28	0.16	0.31	0.12	0.24	0
Receivables	24.93	57.95	13.19	4.66	3.21	2.75
Inventory	0.03	0.03	0.03	0.03	-	-
Prepaid Expenses	2.11	2.02	0.74	0.03	0.02	0.08
Other Current Assets	0.51	0.51	0.4	0.4	-	-
Total Current Assets	29.84	63.02	15.72	6.44	6.57	3.58
Property, Plant & Equipment	0.67	0.56	0.52	0.4	0.41	0.35
Goodwill	7.96	6.75	5.17	5.17	1.54	1.54
Other Intangible Assets	7.08	7.44	0.1	0.1	0.1	0.02
Long-Term Deferred Tax Assets	0.24	0.24	0.43	0.44	0.45	0.46
Other Long-Term Assets	1.1	1	0.21	-	-	-
Total Assets	46.89	79.01	22.16	12.55	9.06	5.95
Accounts Payable	7.94	2.13	2.97	2.25	1.47	2.74
Accrued Expenses	1.39	1.56	0.26	2.48	0.31	0.39
Short-Term Debt	2.83	3.02	0.78	0.26	0.27	3.39
Current Portion of Long-Term Debt	1.29	2.05	0.1	0.09	0.32	0.34
Current Unearned Revenue	0.89	-	-	-	-	-
Other Current Liabilities	14.4	55.07	9.73	1.36	-	1.05
Total Current Liabilities	28.74	63.82	13.84	6.45	2.36	7.91
Long-Term Debt	0.03	3.01	0.1	0.11	0.12	0.27
Pension & Post-Retirement Benefits	0.26	0.27	0.17	0.15	0.16	0.16
Total Liabilities	29.03	67.11	14.11	6.71	2.64	8.35
Common Stock	0	0.2	0.17	0.16	0.15	0.12
Additional Paid-In Capital	52.14	39.74	34.36	31.14	25.84	13.27
Retained Earnings	-38.95	-32.7	-26.08	-24.5	-18.54	-14.7
Comprehensive Income & Other	-0.03	-0.03	-0.03	-0.03	-0.04	-0.07
Total Common Equity	13.17	7.22	8.42	6.76	7.42	-1.39
Minority Interest	4.68	4.68	-0.38	-0.92	-1	-1.01
Shareholders' Equity	17.85	11.9	8.05	5.84	6.42	-2.4
Total Liabilities & Equity	46.89	79.01	22.16	12.55	9.06	5.95
Total Debt	4.15	8.08	0.98	0.47	0.7	4.01
Net Cash (Debt)	-1.89	-5.57	0.38	0.86	2.63	-3.26
Net Cash Growth	-	-	-55.75%	-67.19%	-	-
Net Cash Per Share	-0.64	-2.41	0.18	0.45	1.53	-4.01
Filing Date Shares Outstanding	4.37	2.68	2.24	2.09	1.9	1.74
Total Common Shares Outstanding	3.9	2.58	2.19	2.05	1.87	1.5
Working Capital	1.1	-0.81	1.88	-0.02	4.2	-4.33
Book Value Per Share	3.38	2.80	3.85	3.29	3.96	-0.93
Tangible Book Value	-1.86	-6.97	3.15	1.49	5.78	-2.95
Tangible Book Value Per Share	-0.48	-2.70	1.44	0.72	3.08	-1.96
Machinery	0.95	0.87	0.49	0.42	0.37	0.31

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q