vs
Side-by-side financial comparison of iQSTEL Inc (IQST) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.
iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $47.3M, roughly 1.8× Mama's Creations, Inc.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -3.2%, a 4.3% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs -14.9%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-1.2M). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs 28.0%).
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.
IQST vs MAMA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $84.2M | $47.3M |
| Net Profit | $-2.7M | $540.0K |
| Gross Margin | 3.5% | 23.6% |
| Operating Margin | -2.9% | 1.7% |
| Net Margin | -3.2% | 1.1% |
| Revenue YoY | -14.9% | 50.0% |
| Net Profit YoY | -44.5% | 31.7% |
| EPS (diluted) | $-0.92 | $0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $84.2M | $47.3M | ||
| Q3 25 | $102.9M | $35.2M | ||
| Q2 25 | $72.2M | $35.3M | ||
| Q1 25 | $57.6M | $33.6M | ||
| Q4 24 | $98.9M | $31.5M | ||
| Q3 24 | $54.2M | $28.4M | ||
| Q2 24 | $78.6M | $29.8M | ||
| Q1 24 | $51.4M | $26.7M |
| Q4 25 | $-2.7M | $540.0K | ||
| Q3 25 | $-2.3M | $1.3M | ||
| Q2 25 | $-2.3M | $1.2M | ||
| Q1 25 | $-1.1M | $1.6M | ||
| Q4 24 | $-1.9M | $410.0K | ||
| Q3 24 | $-773.0K | $1.1M | ||
| Q2 24 | $-2.0M | $553.0K | ||
| Q1 24 | $-580.2K | $1.4M |
| Q4 25 | 3.5% | 23.6% | ||
| Q3 25 | 2.7% | 24.9% | ||
| Q2 25 | 2.6% | 26.1% | ||
| Q1 25 | 3.4% | 27.0% | ||
| Q4 24 | 2.7% | 22.6% | ||
| Q3 24 | 3.7% | 24.2% | ||
| Q2 24 | 2.8% | 25.0% | ||
| Q1 24 | 2.7% | 29.3% |
| Q4 25 | -2.9% | 1.7% | ||
| Q3 25 | -0.5% | 4.8% | ||
| Q2 25 | -0.9% | 4.5% | ||
| Q1 25 | -1.0% | 5.7% | ||
| Q4 24 | -0.3% | 1.8% | ||
| Q3 24 | -0.1% | 5.7% | ||
| Q2 24 | -0.4% | 2.6% | ||
| Q1 24 | -0.4% | 7.4% |
| Q4 25 | -3.2% | 1.1% | ||
| Q3 25 | -2.3% | 3.6% | ||
| Q2 25 | -3.3% | 3.5% | ||
| Q1 25 | -2.0% | 4.8% | ||
| Q4 24 | -1.9% | 1.3% | ||
| Q3 24 | -1.4% | 4.0% | ||
| Q2 24 | -2.5% | 1.9% | ||
| Q1 24 | -1.1% | 5.3% |
| Q4 25 | $-0.92 | $0.01 | ||
| Q3 25 | $-0.68 | $0.03 | ||
| Q2 25 | $-0.82 | $0.03 | ||
| Q1 25 | $-0.44 | $0.04 | ||
| Q4 24 | $-1.19 | $0.01 | ||
| Q3 24 | $-0.40 | $0.03 | ||
| Q2 24 | $-0.90 | $0.01 | ||
| Q1 24 | $-0.37 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.2M | $18.1M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $16.3M | $49.6M |
| Total Assets | $51.1M | $84.0M |
| Debt / EquityLower = less leverage | 0.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $18.1M | ||
| Q3 25 | $2.3M | $9.4M | ||
| Q2 25 | $2.0M | $12.0M | ||
| Q1 25 | $1.1M | $7.2M | ||
| Q4 24 | $2.5M | $9.3M | ||
| Q3 24 | $2.1M | $7.4M | ||
| Q2 24 | $797.2K | $13.0M | ||
| Q1 24 | $2.7M | $11.0M |
| Q4 25 | $4.1M | — | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $3.5M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $194.0K | — |
| Q4 25 | $16.3M | $49.6M | ||
| Q3 25 | $17.9M | $29.6M | ||
| Q2 25 | $14.3M | $26.4M | ||
| Q1 25 | $11.6M | $24.9M | ||
| Q4 24 | $11.9M | $23.0M | ||
| Q3 24 | $8.1M | $22.3M | ||
| Q2 24 | $7.6M | $20.3M | ||
| Q1 24 | $8.4M | $19.6M |
| Q4 25 | $51.1M | $84.0M | ||
| Q3 25 | $46.9M | $51.2M | ||
| Q2 25 | $51.4M | $52.7M | ||
| Q1 25 | $42.0M | $47.1M | ||
| Q4 24 | $79.0M | $47.9M | ||
| Q3 24 | $32.4M | $43.0M | ||
| Q2 24 | $30.0M | $47.2M | ||
| Q1 24 | $22.1M | $45.1M |
| Q4 25 | 0.25× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.02× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.2M | $3.9M |
| Free Cash FlowOCF − Capex | $-1.2M | $3.7M |
| FCF MarginFCF / Revenue | -1.5% | 7.8% |
| Capex IntensityCapex / Revenue | 0.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 7.16× |
| TTM Free Cash FlowTrailing 4 quarters | $-4.0M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $3.9M | ||
| Q3 25 | $-953.0K | $-1.7M | ||
| Q2 25 | $257.7K | $6.0M | ||
| Q1 25 | $-1.9M | $-857.0K | ||
| Q4 24 | $-403.7K | $4.8M | ||
| Q3 24 | $625.0K | $-2.4M | ||
| Q2 24 | $-2.6M | $3.6M | ||
| Q1 24 | $-536.9K | $6.7M |
| Q4 25 | $-1.2M | $3.7M | ||
| Q3 25 | $-969.2K | $-2.2M | ||
| Q2 25 | $211.7K | $5.5M | ||
| Q1 25 | $-2.0M | $-930.0K | ||
| Q4 24 | $-421.3K | $2.5M | ||
| Q3 24 | $594.5K | $-4.0M | ||
| Q2 24 | $-2.6M | $2.5M | ||
| Q1 24 | $-608.5K | $6.6M |
| Q4 25 | -1.5% | 7.8% | ||
| Q3 25 | -0.9% | -6.2% | ||
| Q2 25 | 0.3% | 15.5% | ||
| Q1 25 | -3.4% | -2.8% | ||
| Q4 24 | -0.4% | 8.0% | ||
| Q3 24 | 1.1% | -14.1% | ||
| Q2 24 | -3.4% | 8.4% | ||
| Q1 24 | -1.2% | 24.8% |
| Q4 25 | 0.0% | 0.4% | ||
| Q3 25 | 0.0% | 1.5% | ||
| Q2 25 | 0.1% | 1.5% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.0% | 7.2% | ||
| Q3 24 | 0.1% | 5.6% | ||
| Q2 24 | 0.0% | 3.8% | ||
| Q1 24 | 0.1% | 0.4% |
| Q4 25 | — | 7.16× | ||
| Q3 25 | — | -1.31× | ||
| Q2 25 | — | 4.85× | ||
| Q1 25 | — | -0.54× | ||
| Q4 24 | — | 11.71× | ||
| Q3 24 | — | -2.10× | ||
| Q2 24 | — | 6.58× | ||
| Q1 24 | — | 4.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
MAMA
Segment breakdown not available.
