For the quarter ending 2026-03-31, QIND had -$254,609 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Stock issued for services | - | - | - | 0 |
| Right of use asset, net | - | - | 97,272 | 117,282 |
| Income (loss) for the period | 133,224 | -3,365,003 | -78,227 | -1,160,415 |
| Finance cost | 38,205 | 59,020 | 70,113 | 454,525 |
| Non-cash stock compensation expense | - | - | - | 0 |
| Other income | - | - | 318,706 | 0 |
| Discount on convertible notes | - | 0 | 1,463 | 90,841 |
| Employee end of service benefits accrual | 6,118 | - | - | - |
| Conversion fees | 1,500 | 0 | 1,500 | 24,000 |
| Other non operating expenses - write-off assets | - | 3,500,000 | - | - |
| Corporate income tax expense | 22,630 | 42,671 | 38,052 | 84,386 |
| Depreciation and amortization | 47,416 | 38,433 | 32,018 | 74,744 |
| Other non operating income | 35,000 | 318,706 | - | - |
| Inventory | 12,398 | -310,977 | -19,587 | -282,884 |
| Accounts receivable | -8,188 | 1,270,752 | 206,796 | 623,862 |
| Deposits, prepayments & advances | 184,433 | -54,898 | -180,277 | 34,689 |
| Other current assets | - | 46,753 | - | - |
| Related party receivables | 8,115 | - | 166,096 | 150,069 |
| Accounts payable | -63,586 | 123,222 | -70,799 | -692,122 |
| Other payables - current | - | 260 | 0 | -12,489 |
| Other payables - non current | - | -7,237 | - | - |
| Other current liabilities | 91,941 | -452,686 | -813,410 | 1,187,336 |
| Commitment fees | - | - | - | 0 |
| Lease liabilities | -39,175 | -250,370 | 67,563 | 77,612 |
| Net cash used in operating activities | -309,650 | -732,601 | -1,340,733 | -514,600 |
| Addition of fixed assets | 55,057 | -233,931 | 291,824 | 19,792 |
| Advances for purchase of property, plant and equipment | - | 299,785 | - | - |
| Cash acquired in business acquisition | - | - | - | 0 |
| Purchase consideration paid | - | 1,000,000 | - | - |
| Payments to asg shareholders | -880,000 | - | 700,000 | 200,000 |
| Net cash used in investing activities | -75,057 | -165,854 | -991,824 | -219,792 |
| Proceeds from issuance of common stock | - | 0 | 40,000 | 0 |
| Changes in minority interest | - | - | - | 0 |
| Payments for asg debt | - | - | 16,177 | 186,588 |
| Proceeds/(repayment) of convertible note, net | - | 79,705 | 354,152 | 59,898 |
| Buyback of shares | - | 30,000 | - | - |
| Repayment of convertible note, net | 80,000 | - | - | - |
| Fund support from holding company | 240,000 | 365,734 | 3,001,119 | 1,060,684 |
| Finance cost | - | - | 71,314 | - |
| Repayment of bank borrowings - asg | 18,809 | 228,840 | - | - |
| Payment of interest | - | - | - | 8,650 |
| Changes in noncontrolling interest | -11,093 | 52,217 | 399,248 | - |
| Net cash provided by financing activities | 130,098 | 353,485 | 3,007,374 | 805,548 |
| Net (decrease)increase in cash and cash equivalents | -254,609 | -544,970 | 674,817 | 71,156 |
| Cash and cash equivalents at the beginning of the period | 426,585 | 971,555 | 225,582 | - |
| Cash and cash equivalents at end of the period | 172,548 | 426,585 | 971,555 | - |
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)