IQST: Iqstel Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Iqstel Inc (IQST).
- Market Cap.
IQST Market Cap. (MRY)
IQST Shares Outstanding (MRY)
IQST Assets (MRY)
Total Assets
$79.01M
Total Liabilities
$67.11M
Total Investments
$0
IQST Income (MRY)
Revenue
$283.22M
Net Income
-$5.99M
Operating Expense
$9.11M
IQST Cash Flow (MRY)
CF Operations
-$2.93M
CF Investing
-$3.16M
CF Financing
$7.24M
IQST Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $79,007,738 (256.60%) | $22,155,653 (76.55%) | $12,549,484 (38.52%) | $9,059,642 (52.22%) |
Assets Current | $63,015,046 (300.88%) | $15,719,172 (144.22%) | $6,436,590 (-1.98%) | $6,566,524 (83.34%) |
Assets Non-Current | $15,992,692 (148.47%) | $6,436,481 (5.29%) | $6,112,894 (145.19%) | $2,493,118 (5.19%) |
Goodwill & Intangible Assets | $14,188,699 (169.15%) | $5,271,738 (0.00%) | $5,271,738 (221.97%) | $1,637,334 (4.98%) |
Shareholders Equity | $7,217,757 (-14.31%) | $8,423,582 (24.61%) | $6,759,794 (-8.86%) | $7,416,911 (634.14%) |
Property Plant & Equipment Net | $561,802 (7.42%) | $522,997 (30.42%) | $401,021 (-2.04%) | $409,382 (16.79%) |
Cash & Equivalents | $2,510,357 (84.22%) | $1,362,668 (2.50%) | $1,329,389 (-60.14%) | $3,334,813 (342.68%) |
Accumulated Other Comprehensive Income | -$25,340 (0.00%) | -$25,340 (24.49%) | -$33,557 (8.46%) | -$36,658 (51.01%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $30,658 (13.04%) | $27,121 (3.82%) | $26,124 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $57,789,682 (348.67%) | $12,880,289 (183.99%) | $4,535,449 (52.99%) | $2,964,601 (7.80%) |
Trade & Non-Trade Payables | $2,155,854 (-27.97%) | $2,992,892 (31.20%) | $2,281,249 (51.96%) | $1,501,208 (-46.99%) |
Accumulated Retained Earnings (Deficit) | -$32,703,410 (-25.38%) | -$26,084,133 (-6.45%) | -$24,504,395 (-32.19%) | -$18,536,921 (-26.11%) |
Tax Assets | $243,108 (-43.03%) | $426,755 (-3.04%) | $440,135 (-1.40%) | $446,402 (-2.96%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $8,052,484 (744.46%) | $953,566 (117.49%) | $438,441 (-34.95%) | $674,053 (-82.78%) |
Debt Current | $5,040,558 (489.91%) | $854,467 (158.70%) | $330,291 (-40.46%) | $554,758 (-84.76%) |
Debt Non-Current | $3,011,926 (2939.31%) | $99,099 (-8.37%) | $108,150 (-9.34%) | $119,295 (-56.41%) |
Total Liabilities | $67,107,475 (375.61%) | $14,109,781 (110.15%) | $6,714,067 (154.44%) | $2,638,744 (-68.39%) |
Liabilities Current | $63,821,196 (361.10%) | $13,840,944 (114.53%) | $6,451,679 (173.03%) | $2,363,015 (-70.13%) |
Liabilities Non-Current | $3,286,279 (1122.41%) | $268,837 (2.46%) | $262,388 (-4.84%) | $275,729 (-36.59%) |
IQST Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $283,220,442 (96.00%) | $144,502,351 (55.04%) | $93,203,532 (44.05%) | $64,702,018 (44.07%) |
Cost of Revenue | $274,948,693 (96.63%) | $139,830,338 (52.97%) | $91,412,016 (44.71%) | $63,168,303 (43.74%) |
Selling General & Administrative Expense | $9,105,813 (82.57%) | $4,987,516 (0.09%) | $4,983,176 (10.31%) | $4,517,631 (8.22%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $9,105,813 (82.57%) | $4,987,516 (0.09%) | $4,983,176 (10.31%) | $4,517,631 (8.22%) |
Interest Expense | $2,159,425 (2175.28%) | $94,908 (220.19%) | $29,641 (-95.61%) | $675,481 (-80.75%) |
Income Tax Expense | $394,030 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$5,180,036 (-2260.61%) | -$219,436 (96.26%) | -$5,865,761 (-51.81%) | -$3,864,001 (42.32%) |
Net Income to Non-Controlling Interests | $811,531 (49.23%) | $543,822 (434.66%) | $101,713 (487.80%) | -$26,228 (79.12%) |
Net Income | -$5,991,567 (-685.00%) | -$763,258 (87.21%) | -$5,967,474 (-55.49%) | -$3,837,773 (41.62%) |
Preferred Dividends Income Statement Impact | $627,710 (-23.12%) | $816,480 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$6,619,277 (-319.01%) | -$1,579,738 (73.53%) | -$5,967,474 (-55.49%) | -$3,837,773 (41.62%) |
Weighted Average Shares | $2,277,638 (8.93%) | $2,091,013 (10.16%) | $1,898,131 (12.16%) | $1,692,299 (111.73%) |
Weighted Average Shares Diluted | $2,277,638 (8.93%) | $2,091,013 (10.16%) | $1,898,131 (12.16%) | $1,692,299 (111.73%) |
Earning Before Interest & Taxes (EBIT) | -$3,438,112 (-414.42%) | -$668,350 (88.74%) | -$5,937,833 (-87.77%) | -$3,162,292 (-3.19%) |
Gross Profit | $8,271,749 (77.05%) | $4,672,013 (160.79%) | $1,791,516 (16.81%) | $1,533,715 (59.37%) |
Operating Income | -$834,064 (-164.36%) | -$315,503 (90.11%) | -$3,191,660 (-6.96%) | -$2,983,916 (7.10%) |
IQST Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$3,162,971 (-851.13%) | -$332,550 (83.39%) | -$2,001,506 (-291.42%) | -$511,348 (-460.62%) |
Net Cash Flow from Financing | $7,240,966 (294.83%) | $1,833,965 (3.73%) | $1,767,982 (-71.72%) | $6,250,980 (134.76%) |
Net Cash Flow from Operations | -$2,930,306 (-97.49%) | -$1,483,801 (15.93%) | -$1,765,060 (44.01%) | -$3,152,181 (-48.96%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $1,147,689 (3348.69%) | $33,279 (101.66%) | -$2,005,424 (-177.68%) | $2,581,497 (434.68%) |
Net Cash Flow - Business Acquisitions and Disposals | -$3,011,351 (-2576.64%) | -$112,505 (94.05%) | -$1,889,432 (-573.72%) | -$280,448 (-27421.88%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$151,620 (31.10%) | -$220,045 (-96.34%) | -$112,074 (26.84%) | -$153,183 (-69.84%) |
Issuance (Repayment) of Debt Securities | $5,940,966 (1269.00%) | $433,965 (287.04%) | -$232,018 (-172.10%) | -$85,270 (-111.40%) |
Issuance (Purchase) of Equity Shares | $1,300,000 (-7.14%) | $1,400,000 (-6.67%) | $1,500,000 (-76.33%) | $6,336,250 (230.87%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $15,665 (329.02%) | -$6,840 (-14.88%) | -$5,954 (-121.70%) |
Share Based Compensation | $223,219 (420.45%) | $42,890 (-66.09%) | $126,500 (-90.15%) | $1,284,325 (84.04%) |
Depreciation Amortization & Accretion | $499,535 (288.03%) | $128,737 (7.18%) | $120,117 (31.31%) | $91,474 (33.34%) |
IQST Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 2.90% (-9.37%) | 3.20% (68.42%) | 1.90% (-20.83%) | 2.40% (14.29%) |
Profit Margin | -2.30% (-109.09%) | -1.10% (82.81%) | -6.40% (-8.47%) | -5.90% (59.59%) |
EBITDA Margin | -1.00% (-150.00%) | -0.40% (93.55%) | -6.20% (-31.91%) | -4.70% (29.85%) |
Return on Average Equity (ROAE) | -86.80% (-323.41%) | -20.50% (70.20%) | -68.80% (17.01%) | -82.90% (-134.16%) |
Return on Average Assets (ROAA) | -16.20% (-70.53%) | -9.50% (81.08%) | -50.20% (-7.04%) | -46.90% (59.50%) |
Return on Sales (ROS) | -1.20% (-140.00%) | -0.50% (92.19%) | -6.40% (-30.61%) | -4.90% (27.94%) |
Return on Invested Capital (ROIC) | -77.80% (-51.07%) | -51.50% (83.04%) | -303.70% (-35.34%) | -224.40% (-166.65%) |
Dividend Yield | - | - | - | - |
Price to Earnings Ratio (P/E) | - | - | - | - |
Price to Sales Ratio (P/S) | - | - | - | - |
Price to Book Ratio (P/B) | - | - | - | - |
Debt to Equity Ratio (D/E) | 9.3 (455.10%) | 1.68 (68.68%) | 0.99 (178.93%) | 0.36 (105.92%) |
Earnings Per Share (EPS) | -3.2 (-300.00%) | -0.8 (75.00%) | -3.2 (-33.33%) | -2.4 (70.00%) |
Sales Per Share (SPS) | 124.35 (79.94%) | 69.11 (40.74%) | 49.1 (28.43%) | 38.23 (-31.96%) |
Free Cash Flow Per Share (FCFPS) | -1.35 (-66.01%) | -0.81 (17.59%) | -0.99 (49.36%) | -1.95 (29.24%) |
Book Value Per Share (BVPS) | 3.17 (-21.33%) | 4.03 (13.11%) | 3.56 (-18.75%) | 4.38 (352.33%) |
Tangible Assets Book Value Per Share (TABVPS) | 28.46 (252.43%) | 8.07 (110.62%) | 3.83 (-12.59%) | 4.39 (-20.18%) |
Enterprise Value Over EBIT (EV/EBIT) | - | - | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | - | - | - | - |
Asset Turnover | 6.93 (-20.28%) | 8.69 (10.76%) | 7.84 (-0.76%) | 7.91 (-0.11%) |
Current Ratio | 0.99 (-13.12%) | 1.14 (13.83%) | 1 (-64.09%) | 2.78 (513.47%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$3,081,926 (-80.88%) | -$1,703,846 (9.23%) | -$1,877,134 (43.21%) | -$3,305,364 (-49.81%) |
Enterprise Value (EV) | - | - | - | - |
Earnings Before Tax (EBT) | -$5,597,537 (-633.37%) | -$763,258 (87.21%) | -$5,967,474 (-55.49%) | -$3,837,773 (41.62%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$2,938,577 (-444.57%) | -$539,613 (90.72%) | -$5,817,716 (-89.45%) | -$3,070,818 (-2.50%) |
Invested Capital | $6,539,970 (148.30%) | $2,633,869 (4159.54%) | -$64,881 (-102.71%) | $2,398,533 (768.29%) |
Working Capital | -$806,150 (-142.92%) | $1,878,228 (12547.66%) | -$15,089 (-100.36%) | $4,203,509 (197.07%) |
Tangible Asset Value | $64,819,039 (283.91%) | $16,883,915 (131.99%) | $7,277,746 (-1.95%) | $7,422,308 (68.99%) |
Market Capitalization | - | - | - | - |
Average Equity | $7,626,721 (-1.09%) | $7,710,868 (-11.06%) | $8,669,518 (87.22%) | $4,630,549 (270.92%) |
Average Assets | $40,888,072 (145.87%) | $16,629,650 (39.98%) | $11,880,196 (45.14%) | $8,185,418 (44.24%) |
Invested Capital Average | $4,420,886 (240.49%) | $1,298,390 (-33.60%) | $1,955,332 (38.74%) | $1,409,302 (254.87%) |
Shares | 2,327,208 (8.54%) | 2,144,120 (10.44%) | 1,941,512 (9.60%) | 1,771,467 (66.00%) |
