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    IQST   US46265G1076

IQSTEL INC.

(IQST)
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IQSTEL Inc. to Launch First EV Production Imminently

09/16/2021 | 09:12am EDT

iQSTEL Inc. announced plans to begin the production its first batch of EVOSS EV Motorcycles. Management reports the design of EVOSS EV Motorcycle for Latin America is 90% complete and that the company expects to issue a purchase order (PO) imminently. iQSTEL has been working closely with its selected manufacturer headquartered in China and is confident manufacturing will be completed by December. iQSTEL management plans to be on site in China in to receive the first completed EV Motorcycles by December, subject to Covid-19 restrictions. This first batch of EVOSS Motorcycles, will be a pilot test to demonstrate the quality of the EVOSS EV Motorcycle. The company plans to ship some units to target markets in Latin America, in order to test the bike with various potential dealers in addition including some company stockholders and friends in the test.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 44,9 M - -
Net income 2020 -6,57 M - -
Net Debt 2020 3,26 M - -
P/E ratio 2020 -1,94x
Yield 2020 -
Capitalization 65,2 M 65,2 M -
EV / Sales 2019 0,21x
EV / Sales 2020 0,49x
Nbr of Employees 49
Free-Float 95,0%
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Income Statement Evolution
Managers and Directors
Leandro Jose Iglesias Chairman, President & Chief Executive Officer
Alvaro Quintana Cardona Chief Operating Officer, CFO, Secretary & Director
Italo R. Segnini Independent Director
Jose Antonio Barreto Independent Director
Raul A. Perez Independent Director
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