iQSTEL Inc. reported revenue results for the month and year ended December 2020. The company reported with the achieving $44.8 million in revenue for FY-2020 based on preliminary results. The $44.8 million in revenue exceeds management's $42 million revenue forecast for FY-2020 by 6.8%, and represents a 148% increase over the $18 million in revenue reported in FY-2019. In December 2020, the company realized over $5 million in monthly revenue for a third consecutive month. The $5.1 million in revenue realized in December represents a 165% increase over the $1.9 million in revenue reported in December the previous year.