iQSTEL Inc. (IQST) financial statements (2021 and earlier)

Company profile

Business Address 300 ARAGON AVENUE, SUITE 375
CORAL GABLES, FL 33134
State of Incorp. NV
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 5251624  
Cash and cash equivalents 5251624  
Receivables 1,8261,935(20)   
Inventory, net of allowances, customer advances and progress billings    9 0
Inventory    9 0
Prepaid expense 18182 4  
Other undisclosed current assets 258 20   
Total current assets: 2,1062,1421637 0
Noncurrent Assets
Property, plant and equipment 285302    
Total noncurrent assets: 285302    
TOTAL ASSETS: 2,3912,4441637 0
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,3901,335654786
Accounts payable 1,390     
Accrued liabilities   65  5
Interest and dividends payable      1
Other undisclosed accounts payable and accrued liabilities  1,335 478 
Debt 1952346132 8
Derivative instruments and hedges, liabilities 1,790 98112  
Due to related parties 2327 19234
Other liabilities 437257    
Other undisclosed current liabilities 63     
Total current liabilities: 3,8981,8522252101047
Noncurrent Liabilities
Liabilities, other than long-term debt 9191    
Due to related parties 9191    
Total noncurrent liabilities: 9191    
Other undisclosed liabilities      (3)
Total liabilities: 3,9891,9432252101044
Stockholders' equity
Stockholders' equity attributable to parent, including: (1,598)501(209)(174)(10)(44)
Preferred stock   31  
Common stock 151544110040010
Additional paid in capital 1,055987(80)35(345)(23)
Retained earnings (accumulated deficit) (2,667)(492)(573)(310)(65)32
Receivable from shareholders or affiliates for issuance of capital stock  (9)    
Other undisclosed stockholders' equity attributable to parent      (64)
Total stockholders' equity: (1,598)501(209)(174)(10)(44)
TOTAL LIABILITIES AND EQUITY: 2,3912,4441637 0

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Revenues 13,7759,621   8
Cost of revenue (12,583)(8,750)   (1)
Cost of goods and services sold      (1)
Gross profit: 1,192871   7
Operating expenses (1,220)(789)(114) (36)(30)
Other operating income (expense), net     4(1)
Other undisclosed operating income    245  
Operating income (loss): (28)82(114)245(32)(24)
Nonoperating expense (2,076)(374)(149)   
Investment income, nonoperating (460)(327)(43)   
Interest and debt expense 2 (120) 61
Income (loss) from continuing operations before equity method investments, income taxes: (2,102)(292)(384)245(26)(23)
Other undisclosed income (loss) from continuing operations before income taxes (2) 120 (6)(1)
Income (loss) from continuing operations before income taxes: (2,104)(292)(264)245(32)(24)
Income tax expense     (1)(1)
Net income (loss) available to common stockholders, diluted: (2,104)(292)(264)245(33)(25)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Net income (loss): (2,104)(292)(264)245(33)(25)
Comprehensive income (loss), net of tax, attributable to parent: (2,104)(292)(264)245(33)(25)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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