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Income Statement
Quality Industrial Corp. (QIND)
source: myfinsight.com
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Revenue
$4,009,461
(20.87%↑ Y/Y)
Gross profit
$1,320,106
(5.74%↑ Y/Y)
Cost of revenues
$2,689,355
(30.00%↑ Y/Y)
Income (loss) from
operations
$440,459
(4.11%↑ Y/Y)
Total operating
expenses
$879,647
(6.57%↑ Y/Y)
Net income (loss)
before provision for...
$156,511
(-60.11%↓ Y/Y)
Total other (income)
expense, net
-$283,948
(-823.83%↓ Y/Y)
Depreciation and
amortization
$34,516
General and
administrative
$824,867
(4.25%↑ Y/Y)
Professional fees
$20,264
(-40.71%↓ Y/Y)
Net income (loss)
attributable to qind...
-$195,881
(-281.55%↓ Y/Y)
Net income (loss)
$99,191
(-71.53%↓ Y/Y)
Corporate income tax
$57,320
(30.60%↑ Y/Y)
Commitment and conversion
fees
$12,000
Discount on convertible
notes
$38,203
Interest on convertible
notes
$206,390
Interest expense
$27,355
(-65.26%↓ Y/Y)
Less net income
attributable to...
$295,072
(22.67%↑ Y/Y)
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