Listed Iranian internet service provider and data transmission company, offering fixed broadband, enterprise connectivity and cloud services.
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Decision snapshot
Registered capital (registry record)
11,500,000,000,000 rial (1,150 billion toman), the registered capital of Asiatech, a public joint-stock company. Registered capital is a nominal legal figure and is not a valuation.
Registry record as read on 2 October 2026; latest Official Gazette notice printed 14 September 2026Official record
Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.
Operating metrics, period-stamped
Nine-month results (March to December 2024)9 months to late December 2024Company disclosed
Operating revenue of 2,181 billion toman, up 47% year on year (roughly $31M at the 2024-25 average free-market rate of ~70,000 toman/$), and net profit of 433 billion toman, up 31% (roughly $6M at the same rate), per unaudited statements filed to Codal for the nine months to late December 2024. Operating costs rose 53% to 1,331 billion toman.
Codal filing, via Digiato ↗ · retrieved 2026-08-11Read on 11 August 2026. Table on the page: revenue 2181, opex 1331, SG&A 343, net 433.4 (billions of toman). Dollar figures use the 2024-25 average of ~70,000 toman/$.
Full-year results (March 2024 to March 2025)Financial year ended 20 March 2025Company disclosed
Operating revenue of 2,974 billion toman for the financial year ended 20 March 2025, up 42% year on year (roughly $42M at the 2024-25 average free-market rate of ~70,000 toman/$), with operating profit of 690.6 billion toman. Consolidated revenue including subsidiaries was 3,118 billion toman. Figures are from the unaudited annual report.
Annual report via Peivast ↗ · retrieved 2026-08-13Unaudited. The 42% growth rate is stated by the source and is not recomputed by Tehran Index. FX restated 21 August 2026: the 2024-25 (FY2024-25) average was revised from ~62,000 to ~70,000 toman/$ following a Tehran Index audit of the tgju series (50 observations; simple mean 70,080, monthly means 69,100). Dollar figure recomputed; toman figure unchanged.
Full-year results (March 2025 to March 2026), auditedFinancial year ended 20 March 2026Company disclosed
Operating revenue of 3,776 billion toman for the financial year ended 20 March 2026, up 27% year on year, with net profit of 730 billion toman. Cost of revenue rose faster than revenue, up 41% to 2,564 billion toman. Figures are from the audited annual statements.
Audited annual statements via Digiato ↗ · retrieved 2026-08-13Audited. Growth rates are stated by the source and are not recomputed. No US dollar equivalent is given: Tehran Index has no canonical average rate for this period yet, and converting at a spot rate would misstate a full-year figure.
Series are basis-consistent: values are only charted against comparable prior periods. Approximation qualifiers from the source are preserved. Rial figures follow the filing convention (million rial); toman conversions are ours and labelled.
Business model & group
Fiber project and infrastructure position (December 2023)December 2023Company disclosed
CEO Mohammad Ali Yousefizadeh, December 2023: the company's data centers held about 70% of the country's internet traffic; its national fiber-project licence commits it to about 1.5 million households, with a company target of 4 million households covered by March 2026. Asiatech converted to public company form and listed on the Tehran bourse in early 2022.
CEO remarks at the national fiber event, via Digiato ↗ · retrieved 2026-08-11Read on 11 August 2026. Event of 9 December 2023 at IRIB University; regulator context on the page: national target of 20M households (~80%) by March 2026 across 10 operators.
Revenue mix (March 2024 to March 2025)Financial year ended 20 March 2025Company disclosed
Internet services were the largest revenue line at over 1,930 billion toman, more than half of operating revenue, with IT services second at over 950 billion toman.
Annual report via Peivast and Digiato ↗ · retrieved 2026-10-01Corrected 1 October 2026: the earlier value added that data-centre hosting and messaging were the main contributors within IT services, which the article does not say. Peivast reports operating revenue of about 2,974 billion toman for the year, so internet services were about 65 percent of it.
Ownership & capital
Brand to operator, stated by the company itselfCompany disclosed
The company's own page names انتقال داده های آسیاتک as the operator behind the brand. The passage is quoted verbatim in the source passage.
asiatech.ir (company website) ↗ · retrieved 2026-09-17Corroborated: two independent reads of this page returned the same sentence.
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Registered entity
Legal entityAsiatech Data Transmission
Entity typeoperating
StatusActive · Public JSC, listed, symbol اسیاتک
Registered9 February 2004
Registered capital11.5 trillion IRR
Board & shareholders
Mohammad Ali YousefizadehMD and Vice Chair · appointed 1404/05/06 (28 July 2025)
Reza NoorollahiChairman
Registered capital is the share capital recorded in the official gazette. Increases are real corporate events, but they are commonly funded from retained earnings or converted receivables and are also driven by inflation and regulatory minimums. It is not a valuation, and Tehran Index does not present it as one.
Official contact
Registered addressShahid Beheshti, Mir Emad St, Tehran
Evidence & verification
Verification tierVerified, registry / official source
Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →
Registry check on Asiatech: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.