QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Actions Completed

About this update from Quality Industrial Corp.

QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Actions Completed QIND Reports FY 2025 Results: 45.9% Revenue Growth, Core Turnaround Actions Completed SAN FRANCISCO, CA, March 31, 2026 (GLOBE NEWSWIRE) -- Quality Industrial Corp. (“QIND”) (OTC: QIND), today announced its financial results for fiscal year 2025 alongside this letter to shareholders summarizing the turnaround actions completed 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, cleaned up the balance sheet, 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     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   $ (4,603,645 )   $ 266,780           Non-Recurring & Legacy Adjustments                         (+) Historic mgmt. compensation   $ 1,380,000       —           (+) Exit payments to former officers   $ 606,816       —           (+) Write-off: Buyback Reserve & other   $ 2,002,388       —           (+) Write-off: Related-Party Receivable   $ 1,500,000       —           (-) Non operational income     (318,706 )     (427,554 )         Total Adjustments   $ 5,170,498       (427,554 )         Net Income (Loss) — Adjusted   $ 566,853     $ 160,774        +452 % Note: Adjusted Net Income is a non-GAAP measure presented for information...

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