For the year ending 2025-12-31, QIND made $16,307,787 in revenue. -$5,444,296 in net income. Net profit margin of -33.38%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 16,307,787 | 11,177,567 | ||
| Cost of revenues | 11,519,007 | 7,214,304 | ||
| Gross profit | 4,788,780 | 3,963,263 | ||
| Professional fees | 226,335 | 849,925 | ||
| General and administrative | 4,874,028 | 2,430,083 | ||
| Depreciation and amortization | 145,195 | - | ||
| Total operating expenses | 5,245,558 | 3,280,008 | ||
| Income (loss) from operations | -456,778 | 683,255 | ||
| Other income | - | 427,554 | ||
| Interest expense | 82,400 | 94,688 | ||
| Interest on convertible notes | 600,953 | 217,226 | ||
| Commitment and conversion fees | 25,500 | 218,500 | ||
| Discount on convertible notes | 92,304 | 157,341 | ||
| Loss on cash write-off | 2,388 | - | ||
| Other non-operating expenses - write-off-assets | 3,500,000 | - | ||
| Other income credit card fees | 3,081 | - | ||
| Other non - operating income | 318,706 | - | ||
| Total other (income) expense, net | -3,981,758 | -260,201 | ||
| Net income (loss) before provision for income taxes | -4,438,536 | 423,054 | ||
| Corporate income tax | 165,109 | 156,274 | ||
| Net income (loss) | -4,603,645 | 266,780 | ||
| Less net income attributable to noncontrolling interest | 840,651 | 789,797 | ||
| Net income (loss) attributable to qind stockholders | -5,444,296 | -523,017 | ||
| Basic EPS | -0.03 | 0 | ||
| Diluted EPS | -0.03 | 0 | ||
| Basic Average Shares | 157,405,562 | 128,571,466 | ||
| Diluted Average Shares | 157,405,562 | 146,892,689 | ||
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)