Crowdonomics
All companies

iQSTEL Inc

Public

Software & AI · Coral Gables, FL

Estimated pre-money ⓘ
$90.1M
As of Nov 2019 · from Reg A Offering (2019) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$2,100,000
Crowd $1.1M · Private $1.0M · 2 rounds since 2019
Latest share price
$40.00
Private · Common Stock · Mar 2022 offering price · in today's shares · down round

Financials

FY2011–FY2025 · from SEC filings · hover any figure for its source
$13.8M
−$2.1M
2018
$18.0M
−$5.5M
2019
$44.9M
−$6.6M
2020
$64.7M
−$3.8M
2021
$93.2M
−$6.0M
2022
$144.5M
−$763K
2023
$283.2M
−$6.0M
2024
$316.9M
−$8.5M
2025
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 7 earlier years are in the table below.

Metric
FY2011 audited
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
—
—
$1,755
$7,707
$0
$0
$0
$13,775,361
$18,031,548
$44,910,006
$64,702,018
$93,203,532
$144,502,351
$283,220,442
$316,899,498
Cost of goods sold
—
—
$318
$924
$0
$0
$0
$12,582,955
$17,250,623
$43,947,654
$63,168,303
$91,412,016
$139,830,338
$274,948,693
$307,442,244
Gross margin
—
—
82%
88%
—
—
—
9%
4%
2%
2%
2%
3%
3%
3%
Net income
—
-$21,498
$20,562
-$25,158
-$32,871
-$245,047
-$263,691
-$2,104,161
-$5,457,869
-$6,573,891
-$3,837,773
-$5,967,474
-$763,258
-$5,991,567
-$8,510,266
Taxes paid
—
—
$800
$800
$800
$0
$0
$0
$0
-$152
—
—
—
$394,030
$121,705
Balance sheet
Cash
$0
$317
$0
$0
$0
$23,790
$15,701
$4,570
$270,503
$753,316
$3,334,813
$1,329,389
$1,362,668
$2,510,357
$2,155,359
Accounts receivable
—
—
—
—
—
$0
$0
$1,825,854
$2,759,164
$2,528,321
$2,540,515
$4,209,125
$12,539,774
$57,158,967
$30,259,020
Total assets
$2,500
$62,536
$212
$93
$0
$36,821
$15,701
$2,391,054
$5,602,946
$5,951,767
$9,059,642
$12,549,484
$22,155,653
$79,007,738
$51,087,935
Short-term debt
—
—
—
—
—
—
$227,958
$194,557
$89,671
$1,332,612
$315,450
$94,342
$493,164
$2,455,641
$4,020,833
Long-term debt
—
—
—
—
—
—
$0
$0
$178,022
$270,836
$119,295
$108,150
$99,099
$2,455,641
$31,302
Total liabilities
$665
$82,199
$19,414
$44,453
$9,943
$210,378
$224,680
$3,988,701
$11,373,361
$8,346,803
$2,638,744
$6,714,067
$14,109,781
$67,107,475
$34,807,308
Other
Headcount
—
—
—
—
—
—
18
18
—
—
—
—
—
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$85.3M
est. pre-money
$90.1M
est. pre-money
Private · Common · Mar 2022
Reg A+ · Equity · Nov 2019

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

log scale
$480.00$138.5641$40.00
Nov 2019Mar 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Mar 2022 (-91.7%)

“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of May 16, 2022
Series B Preferred Stock · 12.3%Series A Preferred Stock · 0.01%Common Stock · 87.7%
ClassOutstandingVotes / shareConvertsAs convertedVotesLiquidationDividendLast price
Series B Preferred Stockpreferred(as of Mar 31, 2022)21,000none1,000 × Common Stock12.3%0%paid 1st24%—
Series A Preferred Stockpreferred(as of Mar 31, 2022)10,000——0.01%0.01%———
Common Stock149,357,3581—87.7%100.0%——$40.00Mar 2022
Total149,388,358170,367,358 as converted100%100%

Shares outstanding over timein today's share terms

1.9M934K0
Sep 2015May 2022
Common StockPreferred stockSeries A Preferred StockSeries B Preferred StockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Apr 6, 2026

  • Juan Carlos Lopez Silva10,000 shares100.0%of company
  • Alvaro Quintana Cardona18,066 shares0.37%of company
  • Raul Perez3,811 shares0.08%of company
  • Jose Antonio Barreto3,811 shares0.08%of company
  • Italo Segnini1,905 shares0.04%of company
  • Alvaro Cardona18,066 Common Stock—of votes
  • Alvaro Cardona3,000 Series A Preferred Stock—of votes
  • Leandro Iglesias18,436 Common Stock—of votes
  • Leandro Iglesias7,000 Series A Preferred Stock—of votes

Sold to the crowd

  • Reg A+ · Nov 20192,292 shares at $480.00 in today's terms · sold as 183,333 Common Stock at $6.00; since then a 1-for-80 reverse split (May 2025)$1.1M

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. “As converted” counts each class in the shares it converts into. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $1.1M / $12MEst. pre-money $90.1M
Raised $1MEst. pre-money $85.3M

Team

4 people
Leandro Iglesias
President, Chairman, Chief Executive Officer and Director
Alvaro Quintana Cardona
Chief Operating Officer, Chief Financial Officer and Director
Juan Carlos Lopez Silva
Chief Commercial Officer
Oscar Brito
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 10-Q/AAug 20, 20260001663577-26-000258
    EDGAR
  • Form 10-QAug 18, 20260001663577-26-000254
    EDGAR
  • Form 10-QMay 20, 20260001663577-26-000154
    EDGAR
  • Form 10-K/AApr 23, 20260001663577-26-000112
    EDGAR
  • Form 10-KApr 6, 20260001663577-26-000094
    EDGAR
  • Form 10-QNov 14, 20250001663577-25-000314
    EDGAR
  • Form 10-QAug 14, 20250001663577-25-000264
    EDGAR
  • Form 10-QMay 15, 20250001663577-25-000148
    EDGAR
Source: SEC EDGARCIK 0001527702NVShare price $6.00Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.