iQSTEL (iQSTEL) COGS-to-Revenue : 0.97 (As of Mar. 2024)

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What is iQSTEL COGS-to-Revenue?

iQSTEL's Cost of Goods Sold for the three months ended in Mar. 2024 was $50.0 Mil. Its Revenue for the three months ended in Mar. 2024 was $51.4 Mil.

iQSTEL's COGS to Revenue for the three months ended in Mar. 2024 was 0.97.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. iQSTEL's Gross Margin % for the three months ended in Mar. 2024 was 2.68%.

iQSTEL COGS-to-Revenue Historical Data

The historical data trend for iQSTEL's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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iQSTEL COGS-to-Revenue Chart

iQSTEL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.96

0.98

0.97

iQSTEL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.95	0.98	0.97	0.97	0.97

iQSTEL COGS-to-Revenue Calculation

iQSTEL's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	139.83	/	144.502
	=	0.97

iQSTEL's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	50.036	/	51.415
	=	0.97

iQSTEL (OTCPK:IQST) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

iQSTEL's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	50.036 / 51.415
	=	2.68 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

iQSTEL COGS-to-Revenue Related Terms

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iQSTEL (iQSTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iQSTEL Inc (OTCPK:IQST) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Aragon Avenue, Suite 375, Coral Gables, FL, USA, 33134

Website

https://www.iqstel.com

iQSTEL Inc is a technology company offering a wide array of services to the telecom and Internet industry. along with its subsidiary the firm offers international long-distance voice services for Tier-1 worldwide telco carriers (ILD Wholesale) and submarine fiber optic network capacity for data carriers and internet service providers both land-based and mobile (4G and 5G). Geographically, it derives a majority of its revenue from the USA.

Executives

Oscar A Brito	director, 10 percent owner	888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131
Carlos Daniel Silva	10 percent owner	MARTIN CORONADO 3260 PISO 2O OF 212, BUENOS AIRES C1 1425
Alvaro Quintana Cardona	director, officer: COO and CFO	18650 NE 28TH CT., AVENTURA FL 33180
Leandro Jose Iglesias	director, 10 percent owner, officer: President, CEO, Chairperson	AVENIDA DE ARTEIXO 21, 1-IZQ, LA CORU?A U3 15004
Lopez Silva Juan Carlos	officer: Chief Commercial Officer	CALLE 99 #56?41 APTO. 602, BARRANQUILLA F8 080014