WinstonWınston
Back
iQSTEL logo

iQSTEL

IQST
9
Telecommunications Services · Communication Services
Exchange
NASDAQ Capital Market
Winston Score
9
Winston is worried
Weak fundamentals across most pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Mixed
Cash Flow
Weak
Stability
Data not available
Valuation
Data not available

Winston Score History

The full picture

iQSTEL Inc. is a telecommunications company that provides mobile phone services, messaging, and data connectivity to customers in multiple countries. Its main products include wholesale voice and SMS services sold to other telecom carriers, as well as mobile virtual network operator (MVNO) services for end users. The company also has smaller divisions working on fintech and IoT (Internet of Things) connectivity solutions.

iQSTEL earns money primarily by reselling telecom capacity — buying bulk minutes and messaging routes from large carriers and selling them to other businesses at a markup. It operates across Latin America, Europe, and parts of the Middle East, and remains a small-cap company with very thin profit margins, as its 2.6% gross margin shows. The main risk is that wholesale telecom is a highly competitive, low-margin business, and the company has yet to consistently generate operating profits, making its path to sustainable profitability the key challenge investors watch closely.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+51.1% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+53.7% YoY

YoY Growth Rate

EPS growth accelerating

Cash Runway

~4 months

$2M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Short runway — potential dilution ahead through share issuance

Revenue accelerating

iQSTEL grew revenue 51% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
2.5%
Thin — 2.5% gross margin
Profit after running costs
Operating Margin
-1.0%
Losing money on operations — -1.0%
Return on the money invested
ROCE
-16.0%
Weak — -16.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+39.3%
Fast-growing sales (+39.3% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
1/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-1.0%
Burning cash (-1.0%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
no trend
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial