iQSTEL Inc.

Good day, everyone, and thank you all for joining us for this XTEL Earnings Conference Q1, 2026. As a reminder, all phone participants are in a muted or listen-only mode to prevent any background noise. But later, you will have the opportunity to ask questions during our question and answer session. To signal for a question, simply press star and 1 on your telephone keypad. As a reminder, today's session is being recorded. To get us started with opening remarks and introductions, it is my pleasure to turn the floor over to Head of Investor Relations, Mr. Ethan Walfish. Welcome, sir.

Good morning, and thank you for joining IC Steel's first quarter 2026 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 as a full fiscal year of 2026 and 2027. These statements are based on our current expectation 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 SEC. As a result, we caution you against placing undue reliance on these forward-looking statements. We assume no obligations 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 IQCEL's public filings with the U.S. Securities and Exchange Commission, which can be reviewed at www.sec.gov. Yesterday, May 20th, 2026, the company filed with the SEC its Form 10-Q for Q1, 2026, 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, Ethan. Thank you very much. Good morning, everyone, and thank you for joining us Q1, 2026 was a very important quarter for IQSTEL, not only because we delivered strong financial growth with revenue increasing nearly 70% year over year, but because this quarter clearly demonstrates the strategic evolution of IQSTEL. For years, investors have known us primarily as a telecommunication company. Today, that description is no longer complete. IQCell has evolved into something much, much more valuable. A global commercial platform capable of distributing advanced digital services at scale. That distinction is extremely important. Because many companies can build innovative products, very few companies have already built the trusted infrastructure, commercial relationships, operational footprint, and distribution access required to commercialize those products globally. That is what IQCell has built. I want to spend a moment on what I believe is the most important investment thesis or IQCell. That is, the true value of IQCell is not just our current telecom revenue. It's the business platform that we have built. Today, IQCell has commercial relationships with more than 600 telecom operators worldwide, operations in 21 countries across four continents, Fix strategic commercial offices globally. Potential commercial reach to approximately 2.3 billion end users. A business operating nearly at 400 million annual revenue run rate. And listen, this platform took years to build. It required disciplined execution, strategic acquisitions, operational expertise, and trusted long-term commercial relationships. Replicating this would require years, significant capital, and deep industry execution capability. That is our moat. That is our competitive advantage. Historically, this infrastructure was built to support telecommunications services, but now it serves a much larger strategic purpose. It gives IQCell the ability to commercialize high-margin digital services globally. This is where the transformation becomes compelling. Instead of building a new customer acquisition engine from scratch, we can leverage existing trusted relationships. That dramatically reduces the go-to-market timelines, the customer acquisition cost, execution risk, and significantly improves scalability. This is why IQCell is evolving from a telecom operator into a global digital services distribution powerhouse. Now we are entering the monetization phase of this strategy.