For the quarter ending 2025-09-30, QIND made $3,515,873 in revenue. -$264,230 in net income. Net profit margin of -7.52%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 3,515,873 | 4,009,461 | 3,621,473 | 2,599,155.5 |
| Cost of revenues | 2,303,429 | 2,689,355 | 2,666,087 | 1,653,206.667 |
| Gross profit | 1,212,444 | 1,320,106 | 955,386 | 688,054.167 |
| Professional fees | 62,125 | 20,264 | 51,840 | 304,966 |
| General and administrative | 1,404,106 | 824,867 | 1,850,668 | 328,531.5 |
| Depreciation and amortization | 32,018 | 34,516 | - | - |
| Total operating expenses | 1,498,249 | 879,647 | 1,902,508 | 633,497.5 |
| Income (loss) from operations | -285,805 | 440,459 | -947,122 | 54,556.667 |
| Interest expense | 11,718 | 27,355 | 32,241 | -62,440.5 |
| Interest on convertible notes | 58,395 | 206,390 | 188,539 | 54,306.5 |
| Commitment and conversion fees | 1,500 | 12,000 | 12,000 | 54,625 |
| Discount on convertible notes | 1,463 | 38,203 | 52,638 | 39,335.25 |
| Other income | 318,706 | 0 | - | 41,510.25 |
| Total other (income) expense, net | 245,630 | -283,948 | -285,418 | -44,316 |
| Net income (loss) before provision for income taxes | -40,175 | 156,511 | -1,232,540 | 10,240.667 |
| Corporate income tax | 38,052 | 57,320 | 27,066 | 167,091.833 |
| Net income (loss) | -78,227 | 99,191 | -1,259,606 | 101,043.5 |
| Less net income attributable to noncontrolling interest | 186,003 | 295,072 | 146,604 | 181,946 |
| Net income (loss) attributable to qind stockholders | -264,230 | -195,881 | -1,406,210 | -80,902.5 |
| Net income (loss) per common share - basic | 0 | 0 | -0.01 | 0 |
| Net income (loss) per common share - diluted | 0 | 0 | -0.01 | 0 |
| Weighted average common shares outstanding - basic | 167,642,696 | 153,442,500 | 135,477,908 | -64,986,650.5 |
| Weighted average common shares outstanding - diluted | 167,642,696 | 153,442,500 | 160,679,681 | -63,011,893 |
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)