Oct. 24 at 1:20 PM
$IQST IQSTEL has significantly strengthened its financial foundation by completing the elimination of all its convertible notes and the full payment for the recent acquisitions of QXTEL and Globetopper. This corporate milestone positions the company as a debt-free entity, featuring a robust and clean capital structure that instills market confidence. The strength of the balance sheet is further reinforced by an impressive assets-per-share value of
$17.41, reflecting a tangible increase in shareholder equity. As a clear demonstration of its commitment to profitability, the corporation plans to distribute a
$500,000 dividend in shares before the end of the 2025 fiscal year, consolidating long-term value creation.