For the quarter ending 2025-09-30, QIND had $674,817 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Income (loss) for the period | -78,227 | -1,160,415 |
| Finance cost | 70,113 | 454,525 |
| Conversion fees | 1,500 | 24,000 |
| Corporate income tax expense | 38,052 | 84,386 |
| Depreciation and amortization | 32,018 | 74,744 |
| Non-cash stock compensation expense | - | 0 |
| Other income | 318,706 | 0 |
| Discount on convertible notes | 1,463 | 90,841 |
| Inventory | -19,587 | -282,884 |
| Accounts receivable | 206,796 | 623,862 |
| Deposits, prepayments & advances | -180,277 | 34,689 |
| Stock issued for services | - | 0 |
| Related party receivables | 166,096 | 150,069 |
| Right of use asset, net | 97,272 | 117,282 |
| Accounts payable | -70,799 | -692,122 |
| Other payables current | 0 | -12,489 |
| Other current liabilities | -813,410 | 1,187,336 |
| Commitment fees | - | 0 |
| Lease liabilities | 67,563 | 77,612 |
| Net cash (used in)/ provided by operating activities | -1,340,733 | -514,600 |
| Cash acquired in business acquisition | - | 0 |
| Addition of fixed assets | 291,824 | 19,792 |
| Payments to asg shareholders | 700,000 | 200,000 |
| Net cash used in investing activities | -991,824 | -219,792 |
| Proceeds from issuance of common stock | 40,000 | 0 |
| Changes in minority interest | - | 0 |
| Proceeds from convertible note, net | 354,152 | 59,898 |
| Related party loan | 3,001,119 | 1,060,684 |
| Payments for asg debt | 16,177 | 186,588 |
| Finance cost | 71,314 | - |
| Payment of interest | - | 8,650 |
| Changes in minority interest | 399,248 | - |
| Net cash provided by/ (used in) financing activities | 3,007,374 | 805,548 |
| Net increase in cash and cash equivalents | 674,817 | 71,156 |
| Cash and cash equivalents at beginning of period | 225,582 | - |
| Cash and cash equivalents at end of period | 971,555 | - |
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)