iQSTEL Inc Reports Net Loss of $158,822 for the First Quarter of 2023
Revenue Surges to $24.7 Million, Reflecting Robust Growth
By NewsInminutes
Published - Jul 20, 2023, 02:36 PM ET
Last Updated - Aug 19, 2024, 03:33 AM EDT
iQSTEL Inc,(IQST) a leading provider of telecommunication and fintech solutions, has released its unaudited consolidated financial statements for the first quarter of 2023. The financial report highlights the company's performance during the period and provides insights into its revenue and net income (loss).
Net Income/Loss
During the first quarter of 2023, iQSTEL Inc reported a net loss of $158,822. This result reflects the company's expenses and operating costs during the period. Despite the net loss, the company remains focused on implementing strategic measures to enhance its operational efficiency and drive profitability in the coming quarters.
Revenue