--- title: "Quality Industrial Corp. | 8-K: FY2025 Revenue: USD 16.31 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/281168444.md" datetime: "2026-03-31T10:25:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281168444.md) - [en](https://longbridge.com/en/news/281168444.md) - [zh-HK](https://longbridge.com/zh-HK/news/281168444.md) generator: "portal-rs" --- # Quality Industrial Corp. | 8-K: FY2025 Revenue: USD 16.31 M Revenue: As of FY2025, the actual value is USD 16.31 M. #### Gross Profit Gross profit for Quality Industrial Corp. was $4,788,780 in FY 2025, representing a 20.8% increase from $3,963,263 in FY 2024. #### Gross Margin The gross margin for Quality Industrial Corp. was 29.4% in FY 2025, compared to 35.5% in FY 2024. #### Operating Expenses Operating expenses for Quality Industrial Corp. increased by 60.7% to $5,245,558 in FY 2025 from $3,265,008 in FY 2024. #### Net Loss (Reported) The reported net loss for Quality Industrial Corp. was -$4,603,645 in FY 2025, a decrease from a net income of $266,780 in FY 2024. #### Net Income (Adjusted) Adjusted Net Income for Quality Industrial Corp. in FY 2025 was $566,853, an increase of 452% from $160,774 in FY 2024. #### Convertible Notes (Principal) The principal amount of convertible notes decreased from $2,676,358 as of December 31, 2024, to $2,066,056 as of December 31, 2025. #### Total Convertible Notes (including Interest) Total convertible notes, including interest, decreased from $2,939,909 as of December 31, 2024, to $2,561,240 as of December 31, 2025. #### Accounts Payable Accounts payable were reduced by 45% from $2,116,876 as of December 31, 2024, to $1,158,471 as of December 31, 2025. #### Related Party Payables (Fusion Fuel) Related party payables to Fusion Fuel increased from $0 as of December 31, 2024, to $4,427,537 as of December 31, 2025. #### Al Shola Gas Revenue Growth On a standalone basis, Al Shola Gas revenue grew 31.6% from $10.8 million in FY 2023 to $14.3 million in FY 2024. #### Al Shola Gas Net Income Al Shola Gas achieved a net income of $2.1 million in FY 2024. #### New Contracts Secured (Al Shola Gas 2025) During 2025, Al Shola Gas secured approximately $7 million in new engineering contracts and approximately $2 million in annual recurring fuel distribution contracts. #### Legacy Compensation Resolution Quality Industrial Corp. settled $1.38 million in accumulated unpaid employee compensation and $607,000 for exit deals with former Directors and Senior Managers. #### Professional Fees Reduction Professional fees were cut by 73% year-on-year, from $850,000 to $226,000. #### Legacy Asset Write-offs The company wrote off $3.5 million in legacy assets, including Buyback Reserve and a Related-Party Receivable. #### Debt Reduction The convertible note principal was reduced by $610,000, from $2.68 million to $2.07 million. #### Fusion Fuel Investment Fusion Fuel provided $4.4 million in capital to Quality Industrial Corp. during FY 2025. #### Outlook / Guidance Quality Industrial Corp. expects continued growth and plans to service outstanding debt. The company anticipates expansion of its majority-owned subsidiary, Al Shola Gas, through new trucks, contracted engineering projects, and geographic expansion into the northern emirates. Quality Industrial Corp. is targeting $20 million of revenues for 2026, contingent on regional disruptions not extending for a very prolonged period. ### Related Stocks - [QIND.US](https://longbridge.com/en/quote/QIND.US.md) ## Related News & Research - [Oil prices rise as latest fighting resurrects Middle East supply disruption risks](https://longbridge.com/en/news/297575875.md) - [ROI-Asia's refined fuel imports hit post-war low, can the Middle East help?: Russell](https://longbridge.com/en/news/297574471.md) - [05:05 ETBybit Teases Industry-First Perp Options, Unlocking 24/7 US Equity Options Trading](https://longbridge.com/en/news/297625259.md) - [Victory Capital to acquire First Eagle in cash-and-stock deal](https://longbridge.com/en/news/297560835.md) - [Broadcom (AVGO) Reports Earnings Tomorrow: What To Expect](https://longbridge.com/en/news/297588790.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**