---
title: "IQSTEL closes GlobeTopper acquisition, forecasting $34M revenue and positive EBITDA for H2 2025, aiming for $1B revenue by 2027. CEO expects $100M+ revenue run rate and $1M EBITDA with cross-selling and integration strategies. Acquisition aligns with strategic vision of reaching $400M annual revenue."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246841982.md"
description: "IQSTEL Inc. has completed its acquisition of 51% of GlobeTopper, aiming for $1 billion in annual revenue by 2027. GlobeTopper is projected to generate $34 million in revenue and $0.26 million in EBITDA for H2 2025. The CEO anticipates a revenue run rate exceeding $100 million and $1 million in EBITDA through cross-selling and integration strategies. The acquisition aligns with IQSTEL's goal of reaching $400 million in annual revenue, enhancing shareholder value and market position."
datetime: "2025-07-01T12:48:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246841982.md)
  - [en](https://longbridge.com/en/news/246841982.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246841982.md)
---

# IQSTEL closes GlobeTopper acquisition, forecasting $34M revenue and positive EBITDA for H2 2025, aiming for $1B revenue by 2027. CEO expects $100M+ revenue run rate and $1M EBITDA with cross-selling and integration strategies. Acquisition aligns with strategic vision of reaching $400M annual revenue.

IQSTEL Inc.'s acquisition of 51% of GlobeTopper is now completed, propelling their global fintech expansion strategy towards the goal of reaching $1 billion in annual revenue by 2027. GlobeTopper is expected to bring in $34 million in revenue and $0.26 million in EBITDA for the second half of 2025, starting with $5 million in revenue for July and scaling up to over $6 million by December. Cross-selling opportunities and integration with IQSTEL's telecom platform, serving over 600 operators, are anticipated to drive GlobeTopper to exceed $100 million in revenue and $1 million in Adjusted EBITDA annually. The Unit Purchase Agreement forecasts GlobeTopper's standalone revenue of $85 million and EBITDA of $0.62 million for FY-2026, highlighting the strong business model. IQSTEL's CEO expressed confidence in surpassing a $400 million annual revenue run rate and achieving the $1 billion revenue target, enhancing shareholder value and market position.

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