IQST

iQSTEL Inc

Communication Services Quarter ended 2026-06-30 Filed 2026-08-20

iQSTEL Inc (IQST) files with the SEC as a communication services company. Its most recent balance sheet puts total assets at $45M, against $30M of liabilities and $10M of equity, as at 2026-03-31. That balance sheet shrank 12.8% against 2025-12-31, when total assets were $51M. Liabilities account for 67.9% of the balance sheet and equity 22.7%, about $3.00 of liabilities for every dollar of equity. The largest single line on the asset side is Receivables at $24M, 53.2% of total assets, followed by Goodwill at $6M. Its largest single liability is Accounts payable at $9M, 19.2% of the balance sheet. By total assets it is the 103rd largest of the 135 communication services companies covered here. The figures come from a filing filed on 2026-05-20. Some line items this filer reports are not broken out separately here; the totals are complete and the difference is shown as a remainder rather than distributed across the lines that are named. This filing does not reconcile by 9.5%: liabilities plus equity differ from total assets, and it is flagged rather than adjusted. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.

What it owns, and who has a claim on it

Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.

Owns$48M
Owed & owned$31M + $13M
Assets, line by line
Cash$2M4%
Receivables$28M57%
Inventory$31K0%
Property & equipment$500K1%
Goodwill$6M12%
Other assetsincludes 1 line item this filer does not report separately$12M25%
Liabilities and equity, line by line
Accounts payable$12M25%
Long-term debt$26K0%
Other liabilities$19M39%
Shareholders' equity$13M26%

Not reported separately

This filer does not break these out. They are inside the totals, counted in the shaded remainder — not estimated, and not set to zero.

Intangibles
This filing does not balance — data shown as reported. Liabilities plus equity differ from total assets by 9.2%. Every figure here is as filed with the SEC; nothing has been adjusted to make the two columns agree.

Most of what IQST owns is financial — cash and money owed to it account for 62% of total assets.

It is mostly funded by others: equity is 26% of the balance sheet and liabilities are the remaining 74%.

Not every line item is reported separately by this filer: intangibles are inside the totals rather than broken out.

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