Business
QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Action Highlights
QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Action Highlights.
About this update from Quality Industrial Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Action Highlights\r\n \r\n \r\n\r\n\r\nQIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Action Highlights\r\n\r\n\r\n\r\n\r\n\r\nThis corrected press release is being issued to replace in its entirety the press release issued by Quality Industrial Corp. on March 31, 2026 at 6:20 AM Eastern Time. The previously issued version was published in error and contained information that did not reflect the final, approved press release. Investors and other recipients should disregard the prior version in its entirety and rely solely on this corrected press release. Quality Industrial Corp.Shareholder Letter and Press Release — Fiscal Year 2025 SAN FRANCISCO, CA, April 01, 2026 (GLOBE NEWSWIRE) -- Quality Industrial Corp. (“QIND” or the “Company”) (OTCID: QIND), today announced selected financial results for fiscal year 2025 alongside this letter to shareholders summarizing the turnaround actions initiated during the year. Dear Shareholders, Fiscal year 2025 was a pivotal turnaround year for QIND. Over the past fifteen months, your Board and management team have strengthened governance, restructured costs, and invested in growth. While the turnaround is not yet complete, we believe the progress has been substantial. This letter provides an overview of what was achieved and what lies ahead. Financial Highlights \r\n \r\n  \r\n  \r\n FY 2024\r\n  \r\n  \r\n FY 2025\r\n  \r\n  \r\n Change\r\n  \r\n \r\n \r\n Revenue\r\n  \r\n $\r\n 11,177,567\r\n  \r\n  \r\n $\r\n 16,307,787\r\n  \r\n  \r\n  \r\n +45.9\r\n %\r\n  \r\n \r\n \r\n Gross Profit\r\n  \r\n $\r\n 3,963,263\r\n  \r\n  \r\n $\r\n 4,788,780\r\n  \r\n  \r\n  \r\n +20.8\r\n %\r\n  \r\n \r\n \r\n Gross Margin\r\n  \r\n  \r\n 35.5\r\n %\r\n  \r\n  \r\n 29.4\r\n %\r\n  \r\n  \r\n -17.2\r\n  \r\n %\r\n \r\n \r\n Operating Expenses\r\n  \r\n $\r\n 3,265,008\r\n  \r\n  \r\n $\r\n 5,245,558\r\n  \r\n  \r\n  \r\n +60.7\r\n %\r\n  \r\n \r\n \r\n Net Income (Loss)\r\n  \r\n $\r\n 266,780\r\n  \r\n  \r\n ($\r\n 4,603,645\r\n )\r\n  \r\n  \r\n -1,825.6\r\n  \...