QUALITY INDUSTRIAL CORP.
Income Statement
| Line Item | FY2025 | FY2024 | FY2022 |
|---|---|---|---|
| Revenue | $16.3M | $11.2M | $65.6M |
| Cost of Revenue | $11.5M | $7.2M | $44.8M |
| Gross Profit | $4.8M | $4.0M | $20.8M |
| Gross Margin | 29.4% | 35.5% | 31.6% |
| Operating Expenses | |||
| Research & Development | — | $1.2K | — |
| SG&A Expense | $4.9M | $2.3M | $11.2M |
| Operating Income | $-456.8K | $698.3K | $-421.5K |
| Operating Margin | -2.8% | 6.2% | -0.6% |
| Interest Expense | — | — | $-3.8M |
| Pretax Income | — | — | — |
| Income Tax Expense | $165.1K | $156.3K | — |
| Net Income | $-5.4M | $-523.0K | $-102.9K |
| Net Margin | -33.4% | -4.7% | -0.2% |
| EPS (Basic) | $-0.03 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.03 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 157.4M | 128.6M | 100.7M |
| Shares Outstanding (Diluted) | 157.4M | 128.6M | 102.9M |
| Dividends Per Share | — | — | — |