Revenue: As of FY2025, the actual value is USD 16.31 M.

EPS: As of FY2025, the actual value is USD -0.03.

EBIT: As of FY2025, the actual value is USD 226.58 K.

Segment Revenue

Quality Industrial Corp. reported total revenue of $16,307,787 for the year ended December 31, 2025, an increase of $5,130,220, or 45.90%, from $11,177,567 for the year ended December 31, 2024. This increase was primarily driven by the full-year inclusion of revenue from its majority-owned subsidiary, Al Shola Gas, in 2025, along with higher sales volumes and improved operational performance due to growth in customer demand and business expansion.

Operational Metrics

• Gross Profit: Gross profit increased by $825,517, or 20.83%, to $4,788,780 for the year ended December 31, 2025, from $3,963,263 for the year ended December 31, 2024. This rise was mainly attributed to the full-year consolidation of Al Shola Gas’s revenue in 2025 and overall higher revenue.
• Operating Expenses: Operating expenses increased to $5,245,558 for the year ended December 31, 2025, from $3,265,008 for the year ended December 31, 2024. This increase was due to $1,380,000 in salary and bonus payments to management, $606,816 in settlement payments to former officers, and a $596,887 increase in operating expenses from the full-year inclusion of Al Shola Gas’s operations in 2025.
• Net Non-Operating Expenses: Net non-operating expenses significantly increased to $3,981,758 for the year ended December 31, 2025, compared to $275,201 for the year ended December 31, 2024. This was primarily due to a $3,502,388 write-off of non-operating assets.
• Non-Operating Income: Other non-operating income was $318,706 for the year ended December 31, 2025, a decrease from $427,554 for the same period in 2024, resulting from the release of claims under the Lucosky Settlement Agreement.
• Net Income/Net Loss: Quality Industrial Corp. incurred a net loss of - $4,603,645 for the year ended December 31, 2025, a significant change from a net income of $266,780 for the year ended December 31, 2024, primarily due to increased cost of revenues and operating expenses.

Cash Flow

• Net Cash Used in Operating Activities: Net cash used in operating activities was - $2,587,934 for the fiscal year ended December 31, 2025, compared to $1,154,846 provided for the fiscal year ended December 31, 2024. This change was mainly driven by adverse working capital movements, including a $2.10 million increase in accounts receivable and a $0.64 million decrease in accounts payable.
• Net Cash Used in Investing Activities: Net cash used in investing activities was - $1,377,470 for the fiscal year ended December 31, 2025, significantly higher than - $5,636 used in 2024. This was primarily due to $1.00 million in payments to ASG shareholders, $0.30 million in advances for property, plant, and equipment purchases, and approximately $0.08 million in additions to property, plant, and equipment.
• Net Cash Provided by Financing Activities: Net cash provided by financing activities was $4,166,407 for the fiscal year ended December 31, 2025, a reversal from net cash used of - $926,120 in 2024. This was mainly due to $4.43 million in proceeds from related party loans, $0.45 million from changes in minority interest, and approximately $0.04 million from common stock issuance, partially offset by $0.49 million in net repayments of convertible notes, $0.23 million for ASG debt, and $0.03 million for common stock repurchases.

Unique Metrics

• Working Capital Deficit: As of December 31, 2025, Quality Industrial Corp.’s working capital deficit was - $9,714,459, an increase from - $3,757,010 as of December 31, 2024.
• Goodwill: Goodwill on the balance sheet as of December 31, 2025, was $8,411,100, remaining unchanged from December 31, 2024.

Outlook / Guidance

Quality Industrial Corp. anticipates requiring additional financing to fund operations beyond the near term, as existing cash resources are projected to be insufficient through December 31, 2026. The company expects its parent, Fusion Fuel, to finance certain investments for Al Shola Gas and provide executive compensation support for the 12 months ended December 31, 2026. Management also plans to use borrowings and security sales to address cash flow deficits.