IQSTEL posts $37.5 million July net revenue, implying $450 million annualized run rate - IQST News | RalliesIQSTEL posts $37.5 million July net revenue, implying $450 million annualized run rate
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IQST• July revenue and annualized run rate
- Iqstel posted July net revenue of $37.5 million, implying a $450 million annualized run rate based on multiplying the month by 12.
- July performance supported progress toward a $430 million full-year revenue objective; the run-rate figure did not change the forecast.
Acquisition and microdrama contribution
- Planned Ultranet acquisition expected to add $4.5 million in net income, subject to completion and operating performance.
- Microdrama model estimated annualized profit contribution of $1.8 million to $3.6 million at 300,000 paid monthly subscriptions.
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