{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-04T19:01:03.183856+00:00","company":{"ticker":"QIND","cik":1393781,"company_name":"Quality Industrial Corp."},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"earnings_release","fact_key":"c411a1302eafffa35de3ffa7ba030d43b1da4738","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2026-04-01T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(4,603,645)","period_text":"fiscal year ended December 31, 2025","report_date":"2026-04-01","result_type":"reported_results","revenue_text":"$16,307,787"},"claim":"Quality Industrial Corp. reported fiscal year ended December 31, 2025 results: revenue $16,307,787, net income $(4,603,645).","evidence_excerpt":"FY 2024 FY 2025 Change Revenue $ 11,177,567 $ 16,307,787 +45.9 % Gross Profit $ 3,963,263 $ 4,788,780 +20.8 % Gross Margin 35.5 % 29.4 % -17.2 % Operating Expenses $ 3,265,008 $ 5,245,558 +60.7 % Net Income (Loss) $ 266,780 $ (4,603,645 ) -1,825.6 %","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-26-014536","anchor_url":"https://secwatch.observer/filing/0001493152-26-014536#claim-c411a1302eafffa35de3ffa7ba030d43b1da4738","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226014536/0001493152-26-014536-index.htm"},{"fact_type":"earnings_release","fact_key":"c1738a4a091497e6672f90e8ea77fb7c669457fd","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2026-03-31T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(4,603,645)","period_text":"fiscal year ended December 31, 2025","report_date":"2026-03-31","result_type":"reported_results","revenue_text":"$16,307,787"},"claim":"Quality Industrial Corp. reported fiscal year ended December 31, 2025 results: revenue $16,307,787, net income $(4,603,645).","evidence_excerpt":"we believe the progress\nhas been substantial. This letter provides an overview of what was achieved and what lies ahead. Financial\nHighlights FY 2025 FY 2024 Change Revenue $ 16,307,787 $ 11,177,567 +45.9 % Gross Profit $ 4,788,780 $ 3,963,263 +20.8 % Gross Margin 29.4 % 35.5 % Operating Expenses $ 5,245,558 $ 3,265,008 +60.7 % Net Loss / (Income) — Reported $","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-26-013747","anchor_url":"https://secwatch.observer/filing/0001493152-26-013747#claim-c1738a4a091497e6672f90e8ea77fb7c669457fd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226013747/0001493152-26-013747-index.htm"},{"fact_type":"executive_change","fact_key":"872faa3462","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2024-09-05T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-02","interim":false,"role":"Managing Director for the Middle East Region","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Sanjeeb Safir was appointed as Managing Director for the Middle East Region at Quality Industrial Corp..","evidence_excerpt":"On September 2, 2024, the Board appointed Sanjeeb Safir as our newly appointed Managing Director for the Middle East Region.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-24-075819","anchor_url":"https://secwatch.observer/filing/0001213900-24-075819#claim-872faa3462","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024075819/0001213900-24-075819-index.htm"},{"fact_type":"material_agreement","fact_key":"c326ea6529f8b610098f4bf22e24b99b280240f8","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2024-04-08T23:59:59+00:00","payload":{"action":"termination","agreement_name":"QI Purchase Agreement","agreement_type":"asset_purchase","counterparty":"Quality International Co Ltd FZC","effective_date":"2024-04-01","item_codes_triggered":["1.02"],"value_text":null},"claim":"Quality Industrial Corp. terminated QI Purchase Agreement with Quality International Co Ltd FZC (effective 2024-04-01).","evidence_excerpt":"greement (the “QI Purchase Agreement”) with Gerab National Enterprises LLC and Mr. Saseendran Kodapully Ramakrishnan, (together,","confidence":0.4,"filing_url":"https://secwatch.observer/filing/0001213900-24-030965","anchor_url":"https://secwatch.observer/filing/0001213900-24-030965#claim-c326ea6529f8b610098f4bf22e24b99b280240f8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024030965/0001213900-24-030965-index.htm"},{"fact_type":"auditor_change","fact_key":"0f1a802052279ff95e65405eb9382d6ce7c8ae1c","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2024-04-08T23:59:59+00:00","payload":{"action":"non_reliance","auditor_name":"Pipara & Co LLP","disagreement_text":null,"effective_date":"2024-04-01","item_codes_triggered":["4.02"],"non_reliance_signal":"non_reliance","successor_auditor_name":null},"claim":"Quality Industrial Corp. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On April 1, 2024, as a result of the cancellation of the QI Purchase Agreement, the Company’s independent registered public accounting firm, Pipara & Co LLP (“Pipara”), determined that the Company’s audited financial statements as of and for the year ended December 31, 2022 included in the Company’s Annual Report on Form 10-K, filed with the SEC on May 8, 2023 (the “Original Filing”), need to be restated as such report contains consolidated financial statements reflecting the acquisition of QI. Therefore, the Original Filing should no longer be relied upon, as such report must be restated to show the financial statements of Quality Industrial without QI included.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-030965","anchor_url":"https://secwatch.observer/filing/0001213900-24-030965#claim-0f1a802052279ff95e65405eb9382d6ce7c8ae1c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024030965/0001213900-24-030965-index.htm"},{"fact_type":"material_agreement","fact_key":"b1da145b8acbc2d456fc22af425528195d09639b","cik":1393781,"ticker":"QIND","company_name":"Quality Industrial Corp.","filed_at":"2024-04-02T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Stock Purchase Agreement","agreement_type":"asset_purchase","counterparty":"shareholders of Al Shola Al Modea Gas Distribution LLC","effective_date":"2024-03-27","item_codes_triggered":["1.01"],"value_text":"$10,000,000 (Ten Million USD)"},"claim":"Quality Industrial Corp. entered into Stock Purchase Agreement with shareholders of Al Shola Al Modea Gas Distribution LLC valued at $10,000,000 (Ten Million USD) (effective 2024-03-27).","evidence_excerpt":"As of March 27, 2024, we entered into a definitive Stock Purchase Agreement (the “Purchase Agreement”) with the shareholders of Al Shola Al Modea Gas Distribution LLC (“ASG” or “Al Shola Gas”) to acquire a 51% interest in ASG.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001213900-24-029067","anchor_url":"https://secwatch.observer/filing/0001213900-24-029067#claim-b1da145b8acbc2d456fc22af425528195d09639b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024029067/0001213900-24-029067-index.htm"}]}