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Side-by-side financial comparison of iQSTEL Inc (IQST) and N-able, Inc. (NABL). Click either name above to swap in a different company.

N-able, Inc. is the larger business by last-quarter revenue ($130.3M vs $84.2M, roughly 1.5× iQSTEL Inc). On growth, N-able, Inc. posted the faster year-over-year revenue change (11.8% vs -14.9%). N-able, Inc. produced more free cash flow last quarter ($20.9M vs $-1.2M). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 7.0%).

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.

Able UK is a British industrial services company specialising in decommissioning of ships and offshore installations.

IQST vs NABL — Head-to-Head

Bigger by revenue
NABL
NABL
1.5× larger
NABL
$130.3M
$84.2M
IQST
Growing faster (revenue YoY)
NABL
NABL
+26.7% gap
NABL
11.8%
-14.9%
IQST
More free cash flow
NABL
NABL
$22.1M more FCF
NABL
$20.9M
$-1.2M
IQST
Faster 2-yr revenue CAGR
IQST
IQST
Annualised
IQST
28.0%
7.0%
NABL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IQST
IQST
NABL
NABL
Revenue
$84.2M
$130.3M
Net Profit
$-2.7M
Gross Margin
3.5%
76.2%
Operating Margin
-2.9%
10.2%
Net Margin
-3.2%
Revenue YoY
-14.9%
11.8%
Net Profit YoY
-44.5%
EPS (diluted)
$-0.92
$-0.04

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.

Revenue
IQST
IQST
NABL
NABL
Q4 25
$84.2M
$130.3M
Q3 25
$102.9M
$131.7M
Q2 25
$72.2M
$131.2M
Q1 25
$57.6M
$118.2M
Q4 24
$98.9M
$116.5M
Q3 24
$54.2M
$116.4M
Q2 24
$78.6M
$119.4M
Q1 24
$51.4M
$113.7M
Net Profit
IQST
IQST
NABL
NABL
Q4 25
$-2.7M
Q3 25
$-2.3M
$1.4M
Q2 25
$-2.3M
$-4.0M
Q1 25
$-1.1M
$-7.2M
Q4 24
$-1.9M
Q3 24
$-773.0K
$10.8M
Q2 24
$-2.0M
$9.5M
Q1 24
$-580.2K
$7.5M
Gross Margin
IQST
IQST
NABL
NABL
Q4 25
3.5%
76.2%
Q3 25
2.7%
77.5%
Q2 25
2.6%
78.1%
Q1 25
3.4%
76.6%
Q4 24
2.7%
80.0%
Q3 24
3.7%
82.9%
Q2 24
2.8%
84.0%
Q1 24
2.7%
83.9%
Operating Margin
IQST
IQST
NABL
NABL
Q4 25
-2.9%
10.2%
Q3 25
-0.5%
8.8%
Q2 25
-0.9%
7.7%
Q1 25
-1.0%
1.5%
Q4 24
-0.3%
13.7%
Q3 24
-0.1%
20.5%
Q2 24
-0.4%
18.4%
Q1 24
-0.4%
18.0%
Net Margin
IQST
IQST
NABL
NABL
Q4 25
-3.2%
Q3 25
-2.3%
1.1%
Q2 25
-3.3%
-3.1%
Q1 25
-2.0%
-6.1%
Q4 24
-1.9%
Q3 24
-1.4%
9.2%
Q2 24
-2.5%
7.9%
Q1 24
-1.1%
6.6%
EPS (diluted)
IQST
IQST
NABL
NABL
Q4 25
$-0.92
$-0.04
Q3 25
$-0.68
$0.01
Q2 25
$-0.82
$-0.02
Q1 25
$-0.44
$-0.04
Q4 24
$-1.19
$0.01
Q3 24
$-0.40
$0.06
Q2 24
$-0.90
$0.05
Q1 24
$-0.37
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IQST
IQST
NABL
NABL
Cash + ST InvestmentsLiquidity on hand
$2.2M
$111.8M
Total DebtLower is stronger
$4.1M
$393.9M
Stockholders' EquityBook value
$16.3M
$804.7M
Total Assets
$51.1M
$1.4B
Debt / EquityLower = less leverage
0.25×
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
NABL
NABL
Q4 25
$2.2M
$111.8M
Q3 25
$2.3M
$101.4M
Q2 25
$2.0M
$93.9M
Q1 25
$1.1M
$94.1M
Q4 24
$2.5M
$85.2M
Q3 24
$2.1M
$174.4M
Q2 24
$797.2K
$157.5M
Q1 24
$2.7M
$139.2M
Total Debt
IQST
IQST
NABL
NABL
Q4 25
$4.1M
$393.9M
Q3 25
$2.7M
$331.7M
Q2 25
$4.5M
$332.1M
Q1 25
$3.5M
$332.6M
Q4 24
$2.5M
$333.1M
Q3 24
$3.2M
$333.6M
Q2 24
$2.5M
$334.1M
Q1 24
$194.0K
$334.5M
Stockholders' Equity
IQST
IQST
NABL
NABL
Q4 25
$16.3M
$804.7M
Q3 25
$17.9M
$813.4M
Q2 25
$14.3M
$809.4M
Q1 25
$11.6M
$775.1M
Q4 24
$11.9M
$759.3M
Q3 24
$8.1M
$765.0M
Q2 24
$7.6M
$724.4M
Q1 24
$8.4M
$709.1M
Total Assets
IQST
IQST
NABL
NABL
Q4 25
$51.1M
$1.4B
Q3 25
$46.9M
$1.4B
Q2 25
$51.4M
$1.4B
Q1 25
$42.0M
$1.4B
Q4 24
$79.0M
$1.3B
Q3 24
$32.4M
$1.2B
Q2 24
$30.0M
$1.2B
Q1 24
$22.1M
$1.1B
Debt / Equity
IQST
IQST
NABL
NABL
Q4 25
0.25×
0.49×
Q3 25
0.15×
0.41×
Q2 25
0.31×
0.41×
Q1 25
0.31×
0.43×
Q4 24
0.21×
0.44×
Q3 24
0.40×
0.44×
Q2 24
0.34×
0.46×
Q1 24
0.02×
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IQST
IQST
NABL
NABL
Operating Cash FlowLast quarter
$-1.2M
$25.3M
Free Cash FlowOCF − Capex
$-1.2M
$20.9M
FCF MarginFCF / Revenue
-1.5%
16.0%
Capex IntensityCapex / Revenue
0.0%
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.0M
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
NABL
NABL
Q4 25
$-1.2M
$25.3M
Q3 25
$-953.0K
$24.0M
Q2 25
$257.7K
$24.2M
Q1 25
$-1.9M
$19.7M
Q4 24
$-403.7K
$26.0M
Q3 24
$625.0K
$22.0M
Q2 24
$-2.6M
$27.3M
Q1 24
$-536.9K
$4.2M
Free Cash Flow
IQST
IQST
NABL
NABL
Q4 25
$-1.2M
$20.9M
Q3 25
$-969.2K
$17.4M
Q2 25
$211.7K
$20.4M
Q1 25
$-2.0M
$16.4M
Q4 24
$-421.3K
$18.8M
Q3 24
$594.5K
$18.2M
Q2 24
$-2.6M
$24.0M
Q1 24
$-608.5K
$746.0K
FCF Margin
IQST
IQST
NABL
NABL
Q4 25
-1.5%
16.0%
Q3 25
-0.9%
13.2%
Q2 25
0.3%
15.5%
Q1 25
-3.4%
13.9%
Q4 24
-0.4%
16.2%
Q3 24
1.1%
15.7%
Q2 24
-3.4%
20.1%
Q1 24
-1.2%
0.7%
Capex Intensity
IQST
IQST
NABL
NABL
Q4 25
0.0%
3.4%
Q3 25
0.0%
5.0%
Q2 25
0.1%
2.9%
Q1 25
0.1%
2.8%
Q4 24
0.0%
6.1%
Q3 24
0.1%
3.2%
Q2 24
0.0%
2.7%
Q1 24
0.1%
3.0%
Cash Conversion
IQST
IQST
NABL
NABL
Q4 25
Q3 25
17.36×
Q2 25
Q1 25
Q4 24
Q3 24
2.04×
Q2 24
2.89×
Q1 24
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IQST
IQST

USA$53.2M63%
Other$29.9M35%
Switzerland$1.1M1%

NABL
NABL

Transferred Over Time$121.9M94%
Transferred At Point In Time$8.4M6%
Other Revenue$1.3M1%

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