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.