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Side-by-side financial comparison of iQSTEL Inc (IQST) and Regional Management Corp. (RM). Click either name above to swap in a different company.

Regional Management Corp. is the larger business by last-quarter revenue ($167.3M vs $84.2M, roughly 2.0× iQSTEL Inc). Regional Management Corp. runs the higher net margin — 6.8% vs -3.2%, a 10.0% gap on every dollar of revenue. On growth, Regional Management Corp. posted the faster year-over-year revenue change (9.4% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 8.2%).

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.

Millennium Management LLC is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with $83.4 billion assets under management as of January 2026. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

IQST vs RM — Head-to-Head

Bigger by revenue
RM
RM
2.0× larger
RM
$167.3M
$84.2M
IQST
Growing faster (revenue YoY)
RM
RM
+24.2% gap
RM
9.4%
-14.9%
IQST
Higher net margin
RM
RM
10.0% more per $
RM
6.8%
-3.2%
IQST
Faster 2-yr revenue CAGR
IQST
IQST
Annualised
IQST
28.0%
8.2%
RM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IQST
IQST
RM
RM
Revenue
$84.2M
$167.3M
Net Profit
$-2.7M
$11.4M
Gross Margin
3.5%
Operating Margin
-2.9%
Net Margin
-3.2%
6.8%
Revenue YoY
-14.9%
9.4%
Net Profit YoY
-44.5%
62.7%
EPS (diluted)
$-0.92
$1.18

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
RM
RM
Q1 26
$167.3M
Q4 25
$84.2M
$169.7M
Q3 25
$102.9M
$165.5M
Q2 25
$72.2M
$157.4M
Q1 25
$57.6M
$153.0M
Q4 24
$98.9M
$154.8M
Q3 24
$54.2M
$146.3M
Q2 24
$78.6M
$143.0M
Net Profit
IQST
IQST
RM
RM
Q1 26
$11.4M
Q4 25
$-2.7M
$12.9M
Q3 25
$-2.3M
$14.4M
Q2 25
$-2.3M
$10.1M
Q1 25
$-1.1M
$7.0M
Q4 24
$-1.9M
$9.9M
Q3 24
$-773.0K
$7.7M
Q2 24
$-2.0M
$8.4M
Gross Margin
IQST
IQST
RM
RM
Q1 26
Q4 25
3.5%
Q3 25
2.7%
Q2 25
2.6%
Q1 25
3.4%
Q4 24
2.7%
Q3 24
3.7%
Q2 24
2.8%
Operating Margin
IQST
IQST
RM
RM
Q1 26
Q4 25
-2.9%
9.5%
Q3 25
-0.5%
11.5%
Q2 25
-0.9%
8.6%
Q1 25
-1.0%
6.0%
Q4 24
-0.3%
8.2%
Q3 24
-0.1%
6.9%
Q2 24
-0.4%
7.8%
Net Margin
IQST
IQST
RM
RM
Q1 26
6.8%
Q4 25
-3.2%
7.6%
Q3 25
-2.3%
8.7%
Q2 25
-3.3%
6.4%
Q1 25
-2.0%
4.6%
Q4 24
-1.9%
6.4%
Q3 24
-1.4%
5.2%
Q2 24
-2.5%
5.9%
EPS (diluted)
IQST
IQST
RM
RM
Q1 26
$1.18
Q4 25
$-0.92
$1.30
Q3 25
$-0.68
$1.42
Q2 25
$-0.82
$1.03
Q1 25
$-0.44
$0.70
Q4 24
$-1.19
$0.96
Q3 24
$-0.40
$0.76
Q2 24
$-0.90
$0.86

Balance Sheet & Financial Strength

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

Metric
IQST
IQST
RM
RM
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$16.3M
$375.8M
Total Assets
$51.1M
$2.1B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
RM
RM
Q1 26
Q4 25
$2.2M
Q3 25
$2.3M
Q2 25
$2.0M
Q1 25
$1.1M
Q4 24
$2.5M
Q3 24
$2.1M
Q2 24
$797.2K
Total Debt
IQST
IQST
RM
RM
Q1 26
Q4 25
$4.1M
$1.6B
Q3 25
$2.7M
$1.6B
Q2 25
$4.5M
$1.5B
Q1 25
$3.5M
$1.5B
Q4 24
$2.5M
$1.5B
Q3 24
$3.2M
$1.4B
Q2 24
$2.5M
$1.4B
Stockholders' Equity
IQST
IQST
RM
RM
Q1 26
$375.8M
Q4 25
$16.3M
$373.1M
Q3 25
$17.9M
$371.9M
Q2 25
$14.3M
$363.0M
Q1 25
$11.6M
$357.9M
Q4 24
$11.9M
$357.1M
Q3 24
$8.1M
$352.9M
Q2 24
$7.6M
$344.9M
Total Assets
IQST
IQST
RM
RM
Q1 26
$2.1B
Q4 25
$51.1M
$2.1B
Q3 25
$46.9M
$2.0B
Q2 25
$51.4M
$2.0B
Q1 25
$42.0M
$1.9B
Q4 24
$79.0M
$1.9B
Q3 24
$32.4M
$1.8B
Q2 24
$30.0M
$1.8B
Debt / Equity
IQST
IQST
RM
RM
Q1 26
Q4 25
0.25×
4.40×
Q3 25
0.15×
4.23×
Q2 25
0.31×
4.14×
Q1 25
0.31×
4.11×
Q4 24
0.21×
4.12×
Q3 24
0.40×
3.94×
Q2 24
0.34×
3.98×

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
RM
RM
Operating Cash FlowLast quarter
$-1.2M
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-1.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
RM
RM
Q1 26
Q4 25
$-1.2M
$309.1M
Q3 25
$-953.0K
$86.7M
Q2 25
$257.7K
$78.7M
Q1 25
$-1.9M
$63.7M
Q4 24
$-403.7K
$268.9M
Q3 24
$625.0K
$75.1M
Q2 24
$-2.6M
$71.5M
Free Cash Flow
IQST
IQST
RM
RM
Q1 26
Q4 25
$-1.2M
$304.3M
Q3 25
$-969.2K
$85.7M
Q2 25
$211.7K
$77.6M
Q1 25
$-2.0M
$62.4M
Q4 24
$-421.3K
$263.9M
Q3 24
$594.5K
$73.8M
Q2 24
$-2.6M
$70.3M
FCF Margin
IQST
IQST
RM
RM
Q1 26
Q4 25
-1.5%
179.3%
Q3 25
-0.9%
51.8%
Q2 25
0.3%
49.3%
Q1 25
-3.4%
40.8%
Q4 24
-0.4%
170.4%
Q3 24
1.1%
50.4%
Q2 24
-3.4%
49.1%
Capex Intensity
IQST
IQST
RM
RM
Q1 26
Q4 25
0.0%
2.8%
Q3 25
0.0%
0.6%
Q2 25
0.1%
0.6%
Q1 25
0.1%
0.8%
Q4 24
0.0%
3.3%
Q3 24
0.1%
0.9%
Q2 24
0.0%
0.8%
Cash Conversion
IQST
IQST
RM
RM
Q1 26
Q4 25
23.94×
Q3 25
6.04×
Q2 25
7.76×
Q1 25
9.09×
Q4 24
27.13×
Q3 24
9.80×
Q2 24
8.47×

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%

RM
RM

Segment breakdown not available.

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