earnings
confidence high
sentiment positive
materiality 0.65
Quality Industrial Corp reports FY 2025 revenue up 45.9% to $16.3M; adjusted net income $566K
Quality Industrial Corp.
- Revenue $16.3M (+45.9% YoY); reported net loss $4.6M, adjusted net income $566K vs $160K.
- Al Shola Gas revenue grew 31.6% to $14.3M; net income $2.1M; secured ~$7M in engineering contracts.
- Turnaround: settled $1.38M legacy comp, cut professional fees 73%, reduced convertible notes to $2.07M principal.
- Targeting $20M revenue for 2026; Fusion Fuel committed $5M forgivable note pending transaction close.
- Warns of prolonged Middle East conflict and further dilution from convertible notes and future capital needs.