Quality Industrial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jun '23 Jun 30, 2023	Dec '22 Dec 31, 2022
Revenue	16.31	11.18	-	87.15	-
Revenue Growth (YoY)	45.90%	-	-	-	-
Cost of Revenue	11.52	7.21	-	59.22	-
Gross Profit	4.79	3.96	-	27.93	-
Selling, General & Admin	5.13	3.38	4	9.69	0.42
Other Operating Expenses	-	-	-	0.29	-
Operating Expenses	5.27	3.5	4	13.12	0.42
Operating Income	-0.48	0.46	-4	14.82	-0.42
Interest Expense	-0.68	-0.31	-0.15	-5.49	-0.03
Other Non Operating Income (Expenses)	-0.09	0.22	-0.08	0.26	0.46
EBT Excluding Unusual Items	-1.26	0.38	-4.23	9.59	0
Gain (Loss) on Sale of Assets	-	0.05	-	-	-
Asset Writedown	-3.5	-	-	-	-
Legal Settlements	0.32	-	-	-	-
Other Unusual Items	-	-	-	-	-0.1
Pretax Income	-4.44	0.42	-4.23	9.59	-0.1
Income Tax Expense	0.17	0.16	-	-	-
Earnings From Continuing Operations	-4.6	0.27	-4.23	9.59	-0.1
Minority Interest in Earnings	-0.84	-0.79	-	-3.98	-
Net Income	-5.44	-0.52	-4.23	5.61	-0.1
Net Income to Common	-5.44	-0.52	-4.23	5.61	-0.1
Shares Outstanding (Basic)	157	129	127	115	103
Shares Outstanding (Diluted)	157	129	127	115	103
Shares Change (YoY)	22.43%	0.94%	10.93%	11.61%	1.98%
EPS (Basic)	-0.03	-0.00	-0.03	0.05	-0.00
EPS (Diluted)	-0.03	-0.00	-0.03	0.05	-0.00
Free Cash Flow	-2.97	1.15	2.36	7.54	-0.42
Free Cash Flow Per Share	-0.02	0.01	0.02	0.07	-0.00
Gross Margin	29.37%	35.46%	-	32.05%	-
Operating Margin	-2.96%	4.16%	-	17.00%	-
Profit Margin	-33.38%	-4.68%	-	6.43%	-
Free Cash Flow Margin	-18.18%	10.28%	-	8.66%	-
EBITDA	-0.34	0.58	-1.74	17.23	1.84
EBITDA Margin	-2.07%	5.20%	-	19.77%	-
D&A For EBITDA	0.15	0.12	2.26	2.42	2.26
EBIT	-0.48	0.46	-4	14.82	-0.42
EBIT Margin	-2.96%	4.16%	-	17.00%	-
Effective Tax Rate	-	36.94%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.