iQSTEL Inc.

you for standing by at this time i would like to welcome everyone to the iqstell investor conference call to discuss q4 2025 and full year 2025 financial results all lines have been placed on mute to prevent any background noise after the speaker's remarks there will be a question and answer session if you would like to ask a question during this time simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. I would now like to turn the conference over to Ethan Walfish, Head of Investor Relations. Sir, the floor is yours.

Good morning, and thank you for joining IQStell's fourth quarter and full year 2025 earnings call. Joining me today, I am pleased to have Leandro Iglesias, Chief Executive Officer, and Alvaro Quintana, Chief Financial Officer. The recording of today's call will be archived and available in the investor relations portion of our website for a minimum of 30 days. During the call, we will make forward-looking statements such as dialogue regarding our revenue expectations or forecast for remaining quarters in the full fiscal year of 2026 and 2027. These statements are based on our current expectations and information available as of today and are subject to a variety of risks, uncertainties, and assumptions. Actual results may differ materially as a result of various risk factors that have been described in our periodic filings with the SEC. As a result, we caution you against placing undue reliance on these forward-looking statements. We assume no obligation to update any forward-looking statements as a result of new information or future events except as required by law. In addition, other risks are more fully described in the IQSTEL's public filings with the U.S. Securities and Exchange Commission, which can be reviewed at www.sec.gov. Yesterday, April 6, 2026, the company filed the SEC its Form 10-K for Q4 and full year 2025, and afterwards issued a press release announcing those financial results. So, participants of this call who may not have already done so may wish to look at those documents as we provide a summary of the results on this call. With that, I will now turn the call over to our CEO, Leandro Iglesias.

Thank you very much, Ethan. Thank you. Let's talk a little bit about the strategic overview of the company. And 2025 has been a year of strong execution and continued growth for IQSTEL. We have successfully expanded our global business platform, reaching approximately $316.9 million in revenue, representing 11.9% year-over-year growth, while strengthening our equity position by 37%. But more importantly than the numbers, we have built a high-scalable global commercial platform. Today, IQCELL reached over 600 of the largest telecom operators worldwide, has access to approximately 2.3 billion end users through our customers, operates across 21 countries and multiple regions. This is not just a telecom operation. This is a global distribution platform. Over the past year, we have grown from tens of million dollars in revenue to a current 400 million run rate revenue, building the foundation for the next phase of our company. We are entering nowadays in the new stage of the company that we named the transition of the company. This transition phase has the first phase was about the building the platform and scaling the revenue. And the second phase where we are today is about expanding the EBITDA and profitability. Our core businesses Telecom and Fintech are already generating over 2.7 million adjusted EBITDA, providing the strength of our model. Now also operating with clean capital structure with no convertible notes and no warrants. This gives us a very solid foundation to grow efficiently and create shareholder value. From operational perspective, we continue to improve bolts, scale, and efficiency. SMS traffic increased from 13.9 billion to 17.4 billion messages representing 25.18% growth, reinforcing our focus on higher margin services. At the same time, gross margin improved significantly, increasing 26.28% from 2.74% to 3.46%, driving by a better service mix, increased focus on higher margin segments, and operational efficiency improvements. Additionally, our company routing and platform consolidation strategy are contributing directly to margin expansion. I want to take a moment to emphasize what we believe is the most important asset of our company is our business platform. We already have trusted relationships with global telecom partners, a proven B2B sales engine, and a global footprint. This allows us to deploy new services globally, scale quickly without heavy investment, and increase revenue per customer. And this is what makes IQCell unique. This margin growth strategy, we are leveraging this platform to introduce high-tech, high-margin services, including artificial intelligence, cybersecurity, digital health. These services share key characteristics. All of them have recurring revenue models, higher margin, and strong scalability. And most importantly, they can deploy through our existing customer base. We don't need to build a distribution channel. We already have it. We are particularly excited about our entry into the digital health market. This is a multi-billion dollar global opportunity driven by aging populations, rising health care costs, and the shift toward remote care. By leveraging our telecom platform, we believe that we can become a key distribution channel for digital health services globally. Even under conservative assumptions, including penetration of less than 1% of our reachable base of 2.3 billion users, this represents a multi-billion dollar revenue opportunity over time. And this is a very important step in our transformation into a high-tech platform company. We will provide more details on this vertical in the near future. Looking forward, our strategy remains clear. Achieve $1 billion in revenue within the next 24 months, expand EBITDA through higher margin services, and continue strengthening our balance sheet. We believe that we are in very strong position to execute this plan. In summary, we have built the platform. Now we're expanding the margins and we are entering in a new high growth vertical. We believe that this combination creates a very compelling opportunity for long-term shareholders and value creation. Thank you.