For the year ending 2025-12-31, QIND had $201,003 increase in cash & cash equivalents over the period. -$2,887,719 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| (loss) income for the period | -4,603,645 |
| Finance cost | 583,658 |
| Conversion fees | 25,500 |
| Other non operating expenses - write-off assets | 3,500,000 |
| Corporate income tax expense | 165,109 |
| Depreciation and amortization | 145,195 |
| Other non - operating income | 318,706 |
| Discount on convertible notes | 92,304 |
| Inventory | -613,448 |
| Accounts receivable | 2,101,410 |
| Deposits, prepayments & advances | -200,486 |
| Other current assets | 46,753 |
| Accounts payable | -639,699 |
| Lease operating liabilities | -105,195 |
| Other payables - current | -12,229 |
| Other payables - non current | -7,237 |
| Other current liabilities | -78,760 |
| Net cash (used in) / provided by operating activities | -2,587,934 |
| Addition of fixed assets | 77,685 |
| Advances for purchase of property, plant and equipment | 299,785 |
| Purchase consideration paid | 1,000,000 |
| Net cash used in investing activities | -1,377,470 |
| Proceeds from issuance of common stock | 40,000 |
| Buyback of shares | 30,000 |
| Fund support from holding company | 4,427,537 |
| Repayment of bank borrowings - asg | 228,840 |
| Proceeds/(repayment) of convertible note, net | 493,755 |
| Changes in non-controlling interest | 451,465 |
| Net cash provided / (used in) financing activities | 4,166,407 |
| Net increase in cash and cash equivalents | 201,003 |
| Cash and cash equivalents at the beginning of the year | 225,582 |
| Cash and cash equivalents at end of the year | 426,585 |
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)