IQSTEL Inc. (OTCQX: IQST), the fast-growing multinational provider of Telecom, Fintech, Cybersecurity, and AI-driven services, is excited to announce the signing of a Memorandum of Understanding (MOU) to acquire a 51% equity interest in GlobeTopper, LLC (GT), a cutting-edge fintech company revolutionizing B2B Top-Up solutions.

This strategic acquisition marks another key milestone in IQSTEL's aggressive growth trajectory, reinforcing its Fintech division while setting the stage for long-term, high-margin revenue growth.

A Brilliant Future Ahead: Accelerating Toward $1 Billion Milestone
Following its record-breaking $283 million revenue in FY-2024, iQSTEL has confidently forecasted $340 million in revenue for 2025, primarily driven by its robust Telecom Division. The acquisition of GlobeTopper is set to be a catalyst for exponential growth in the Fintech division, significantly boosting both revenue and EBITDA, and propelling iQSTEL closer to its ambitious goal of $1 billion in revenue by 2027.

GlobeTopper is already a profitable business, with preliminary FY-2024 financials showing $39.4 million in revenue and $190,000 in EBITDA. Under the MOU, iQSTEL will secure a 51% majority stake in GT, with an additional $1.2 million capital infusion planned over 24 months to fuel expansion.

Strategic Growth Plan for GT:

• FY-2025: $60 million revenue, $450,000 EBITDA
• FY-2026: $85 million revenue, $620,000 EBITDA

IQSTEL will partner closely with GT's leadership, developing a targeted business plan aimed at scaling operations, penetrating new markets, and driving profitability. GT's proven, scalable platform combined with IQSTEL's financial strength and operational expertise sets a solid foundation for rapid and sustained growth.

Leveraging the Power of Cross-Selling: Fintech Meets Telecom
One of the greatest synergies of this acquisition lies in IQSTEL's unique ability to integrate GT's fintech services across its extensive global telecom customer base, spanning 21 countries and 4 continents. This allows IQSTEL to unlock new, high-margin revenue streams while delivering enhanced value to existing clients.

Additionally, GT maintains valuable commercial relationships with some of the largest companies in the retail arena. IQSTEL plans to leverage these relationships as a strategic entry point to offer its broader suite of services to leading retail corporations, creating further cross-selling opportunities and enhancing the company's market reach.

This acquisition aligns perfectly with IQSTEL's strategy of maximizing the potential of its telecom business platform, cross-selling complementary services, and continuously expanding its technology portfolio.

Strong Leadership & Continuity
Craig Span, Founder and CEO of GT, will continue to lead the company post-acquisition, ensuring stability and driving GT's aggressive growth objectives hand-in-hand with iQSTEL's strategic vision.

IQSTEL´s CEO Insight:
"This is a pivotal moment for IQSTEL," said Leandro Iglesias, President and CEO of IQSTEL. "GlobeTopper's fintech innovation and profitability, combined with our global reach and trusted telecom relationships, creates a powerful recipe for accelerated growth. We have a clear goal to achieve $1 billion in revenue by 2027, and this acquisition sets the stage to move our run rate halfway toward that objective."

Mr. Iglesias added: "Our forecasted EBITDA for our operating subsidiaries stood at $3 million for FY-2025, but with the acquisition of GlobeTopper, we are raising the bar even higher, continuing to increase value for our shareholders."

IQSTEL's Investment Proposal:
Equity Acquisition:

IQSTEL will acquire a 51% equity interest in GT for a total consideration of $700,000.

Payment Structure:

• 200,000 in cash, distributed as follows:

  - $100,000 on July 1, 2025, or upon execution.
  - $50,000 on August 1, 2025.
  - $50,000 on September 1, 2025.

• $500,000 in IQSTEL common shares, subject to a six-month holding period.

Additionally, IQSTEL will provide up to $1.2 million in structured growth capital over 24 months, disbursed in $50,000 monthly installments, contingent upon GT achieving agreed financial milestones.