Quality Industrial Corp. (QIND)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Revenue | 4,009,461 | 3,621,473 | 2,662,050 | 3,317,206 |
Cost of revenues | 2,689,355 | 2,666,087 | 1,581,288 | 2,068,708 |
Gross profit | 1,320,106 | 955,386 | 1,080,762 | 1,248,498 |
Professional fees | 20,264 | 51,840 | 205,815 | 34,178 |
General and administrative | 824,867 | 1,850,668 | 981,768 | 791,252 |
Depreciation and amortization | 34,516 | - | - | - |
Total operating expenses | 879,647 | 1,902,508 | 1,187,583 | 825,430 |
Income (loss) from operations | 440,459 | -947,122 | -106,821 | 423,068 |
Other income | - | - | - | 48,000 |
Interest expense | 27,355 | 32,241 | 140,833 | 78,736 |
Interest on convertible notes | 206,390 | 188,539 | - | - |
Discount on convertible notes | 38,203 | 52,638 | - | - |
Commitment and conversion fees | 12,000 | 12,000 | - | - |
Total other (income) expense, net | -283,948 | -285,418 | -140,833 | -30,736 |
Net income (loss) before provision for income taxes | 156,511 | -1,232,540 | - | 392,332 |
Corporate income tax | 57,320 | 27,066 | 36,096 | 43,889 |
Net income (loss) | 99,191 | -1,259,606 | -283,750 | 348,443 |
Less net income attributable to noncontrolling interest | 295,072 | 146,604 | 185,357 | 240,548 |
Net income (loss) attributable to qind stockholders | -195,881 | -1,406,210 | -469,107 | 107,895 |
Net income (loss) per common share - basic | - | -0.01 | - | - |
Net income (loss) per common share - diluted | - | -0.01 | - | - |
Weighted average common shares outstanding - basic | 153,442,500 | 135,477,908 | 130,785,139 | 127,759,628 |
Weighted average common shares outstanding - diluted | 153,442,500 | 160,679,681 | 139,659,784 | 133,256,691 |