What is QUALITY INDL CORP's earnings per share (EPS)?

QUALITY INDL CORP (QIND) reported diluted earnings per share of $-0.03 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

QUALITY INDL CORP Financials

QIND

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows QUALITY INDL CORP (QIND) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI QIND FY2025 2026-05-15

Revenue growth failed to translate into operating leverage as working-capital strain and overhead expansion turned a larger business into a cash user.

From FY2024 to FY2025, accounts receivable rose from $3.2M to $5.3M as revenue expanded. At the same time, operating cash flow swung to -$2.6M, implying that more of the company’s growth sat in unpaid customer balances instead of becoming spendable cash.

The FY2025 issue was not demand alone: revenue reached $16.3M, but gross margin fell to 29.4% and SG&A nearly consumed gross profit, so added sales created less room to cover overhead. That pattern points to weaker economics on incremental revenue rather than scale efficiently lowering unit costs.

The balance sheet became more dependent on outside support: current ratio slipped to 0.4x and equity turned negative at -$1.7M, leaving liabilities ahead of assets. Because free cash flow was -$2.9M while financing cash flow was positive, FY2025 liquidity was maintained by fresh funding rather than by the business funding itself.

Financial Health Signals

Financial Profile 4/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of QUALITY INDL CORP's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

QUALITY INDL CORP has an operating margin of -2.8%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 24/100, suggesting thin profitability after operating expenses. This is down from 6.3% the prior year.

Leverage

QUALITY INDL CORP has elevated debt relative to equity (D/E of -10.87), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

QUALITY INDL CORP's current ratio of 0.42 is below the typical benchmark, resulting in a score of 3/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While QUALITY INDL CORP generated -$2.6M in operating cash flow, capex of $300K consumed most of it, leaving -$2.9M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

QUALITY INDL CORP passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.48x

For every $1 of reported earnings, QUALITY INDL CORP generates $0.48 in operating cash flow (-$2.6M OCF vs -$5.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-5.5x

QUALITY INDL CORP earns $-5.5 in operating income for every $1 of interest expense (-$457K vs $82K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$16.3M

YoY+45.9%

QUALITY INDL CORP generated $16.3M in revenue in fiscal year 2025. This represents an increase of 45.9% from the prior year.

EBITDA

-$312K

YoY-138.3%

QUALITY INDL CORP's EBITDA was -$312K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 138.3% from the prior year.

Net Income

-$5.4M

YoY-940.9%

QUALITY INDL CORP reported -$5.4M in net income in fiscal year 2025. This represents a decrease of 940.9% from the prior year.

EPS (Diluted)

$-0.03

QUALITY INDL CORP earned $-0.03 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$2.9M

QUALITY INDL CORP generated -$2.9M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$427K

YoY+89.1%

5Y CAGR+85.2%

QUALITY INDL CORP held $427K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

179M

YoY+47.1%

5Y CAGR+11.3%

QUALITY INDL CORP had 179M shares outstanding in fiscal year 2025. This represents an increase of 47.1% from the prior year.

Margins & Returns

Gross Margin

29.4%

YoY-6.1pp

QUALITY INDL CORP's gross margin was 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 6.1 percentage points from the prior year.

Operating Margin

-2.8%

YoY-9.0pp

QUALITY INDL CORP's operating margin was -2.8% in fiscal year 2025, reflecting core business profitability. This is down 9.0 percentage points from the prior year.

Net Margin

-33.4%

YoY-28.7pp

QUALITY INDL CORP's net profit margin was -33.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 28.7 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$300K

QUALITY INDL CORP invested $300K in capex in fiscal year 2025, funding long-term assets and infrastructure.

QIND Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$16.3M+45.9%	$11.2M	N/A	N/A	N/A	N/A
Cost of Revenue	$11.5M+59.7%	$7.2M	N/A	N/A	N/A	N/A
Gross Profit	$4.8M+20.8%	$4.0M	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$1K-12.3%	$1K-95.0%	$26K	N/A	$6K
SG&A Expenses	$4.9M+112.0%	$2.3M-6.2%	$2.5M	N/A	$332K+519.6%	$54K
Operating Income	-$457K-165.4%	$698K+125.2%	-$2.8M-556.2%	-$422K	N/A	N/A
Interest Expense	$82K-13.0%	$95K+952.2%	$9K+100.2%	-$3.8M-86218.7%	-$4K-162.9%	$7K
Income Tax	$165K+5.7%	$156K	$0	N/A	N/A	N/A
Net Income	-$5.4M-940.9%	-$523K+87.6%	-$4.2M-4014.9%	-$103K	N/A	N/A
EPS (Diluted)	$-0.03	$0.00+100.0%	$-0.04	$0.00+100.0%	$-0.05	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$3.7M-29.0%	$5.2M+46.8%	$3.5M-12.3%	$4.0M+10.7%	$3.6M+71.5%	$2.1M-20.7%	$2.7M-19.8%	$3.3M
Cost of Revenue	$2.7M-31.0%	$3.9M+67.6%	$2.3M-14.4%	$2.7M+0.9%	$2.7M+64.4%	$1.6M+2.6%	$1.6M-23.6%	$2.1M
Gross Profit	$1.0M-23.1%	$1.3M+7.3%	$1.2M-8.2%	$1.3M+38.2%	$955K+95.1%	$490K-54.7%	$1.1M-13.4%	$1.2M
R&D Expenses	$7K	N/A	N/A	N/A	$4K	N/A	N/A	N/A
SG&A Expenses	$700K-16.2%	$835K-40.6%	$1.4M+70.2%	$825K-54.4%	$1.8M+137.0%	$764K+1.7%	$751K+0.1%	$751K
Operating Income	$176K-47.6%	$336K+217.5%	-$286K-164.9%	$440K+146.5%	-$947K-453.1%	$268K+214.9%	$85K-80.0%	$426K
Interest Expense	$9K-15.1%	$11K-5.4%	$12K-57.2%	$27K-15.2%	$32K	N/A	$56K+177.0%	$20K
Income Tax	$23K-47.0%	$43K+12.1%	$38K-33.6%	$57K+111.8%	$27K-64.5%	$76K+111.4%	$36K-17.8%	$44K
Net Income	$9K+100.2%	-$3.6M-1254.1%	-$264K-34.9%	-$196K+86.1%	-$1.4M-326.7%	-$330K+33.8%	-$498K-610.1%	$98K
EPS (Diluted)	$0.00	N/A	$0.00	$0.00+100.0%	$-0.01	N/A	$0.00	$0.00

QIND Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$16.6M-8.2%	$18.1M+105.0%	$8.8M+771.3%	$1.0M+348.5%	$226K+9.2%	$207K
Current Assets	$7.0M-5.7%	$7.5M+272.9%	$2.0M+14108.1%	$14K-11.0%	$16K-92.4%	$207K
Cash & Equivalents	$427K+89.1%	$226K+8952.2%	$2K	N/A	$16K-20.0%	$20K
Inventory	$201K-83.6%	$1.2M	N/A	N/A	N/A	N/A
Accounts Receivable	$5.3M+65.5%	$3.2M	N/A	N/A	N/A	N/A
Goodwill	$8.4M0.0%	$8.4M	N/A	N/A	N/A	N/A
Total Liabilities	$18.3M+13.6%	$16.1M+99.1%	$8.1M+570.4%	$1.2M+102.8%	$595K+158.6%	$230K
Current Liabilities	$16.8M+49.3%	$11.2M+94.1%	$5.8M+5302.1%	$107K-82.0%	$595K+158.6%	$230K
Long-Term Debt	N/A	N/A	$333K	N/A	N/A	N/A
Total Equity	-$1.7M-184.3%	$2.0M+168.6%	$743K+485.4%	-$193K+47.7%	-$369K-1501.5%	-$23K
Retained Earnings	-$22.7M-31.6%	-$17.2M-3.1%	-$16.7M-33.9%	-$12.5M-0.8%	-$12.4M-63.1%	-$7.6M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$16.9M+1.7%	$16.6M-16.8%	$20.0M+6.4%	$18.8M+2.5%	$18.3M+1.1%	$18.1M+6.1%	$17.1M+3.4%	$16.5M
Current Assets	$7.3M+3.7%	$7.0M-18.1%	$8.6M+8.6%	$7.9M+4.2%	$7.6M+1.7%	$7.5M+17.6%	$6.3M+8.1%	$5.9M
Cash & Equivalents	$173K-59.6%	$427K-56.1%	$972K+227.4%	$297K-17.7%	$360K+59.8%	$226K+1.8%	$222K+118.9%	$101K
Inventory	$214K+6.2%	$201K-78.2%	$922K-2.1%	$941K-13.1%	$1.1M-11.5%	$1.2M+10.1%	$1.1M+0.7%	$1.1M
Accounts Receivable	$5.3M-0.2%	$5.3M+31.5%	$4.0M+5.4%	$3.8M+24.0%	$3.1M-3.7%	$3.2M+36.6%	$2.3M+11.1%	$2.1M
Goodwill	$8.4M0.0%	$8.4M0.0%	$8.4M0.0%	$8.4M0.0%	$8.4M0.0%	$8.4M-0.8%	$8.5M0.0%	$8.5M
Total Liabilities	$18.4M+0.6%	$18.3M-0.1%	$18.3M+4.7%	$17.5M+0.9%	$17.3M+7.6%	$16.1M+6.7%	$15.1M+2.9%	$14.7M
Current Liabilities	$18.0M+7.7%	$16.8M+6.2%	$15.8M+13.8%	$13.9M+9.8%	$12.6M+12.5%	$11.2M+10.9%	$10.1M+16.2%	$8.7M
Long-Term Debt	$1.4M	N/A	$302K+121.8%	$136K+79.4%	$76K	N/A	N/A	$432K
Total Equity	-$1.5M+9.7%	-$1.7M-201.5%	$1.7M+30.1%	$1.3M+31.9%	$966K-51.6%	$2.0M+2.8%	$1.9M+3.7%	$1.9M
Retained Earnings	-$22.7M0.0%	-$22.7M-18.7%	-$19.1M-1.4%	-$18.8M-1.1%	-$18.6M-8.2%	-$17.2M-2.6%	-$16.8M-2.9%	-$16.3M

QIND Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$2.6M-324.1%	$1.2M-51.0%	$2.4M+668.2%	-$415K-1.4%	-$409K-136.3%	-$173K
Capital Expenditures	$300K	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$2.9M	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.4M-24340.6%	-$6K+99.9%	-$5.5M-450.0%	-$1.0M	N/A	N/A
Financing Cash Flow	$4.2M+549.9%	-$926K-129.5%	$3.1M+123.9%	$1.4M+246.1%	$405K+563.3%	$61K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$310K+57.7%	-$733K+45.4%	-$1.3M-645.7%	-$180K+46.3%	-$335K-401.5%	$111K+157.3%	-$194K-113.8%	$1.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$75K+54.7%	-$166K+83.3%	-$992K-4911.2%	-$20K+90.1%	-$200K-10907.2%	-$2K-2.9%	-$2K+98.4%	-$114K
Financing Cash Flow	$130K-63.2%	$353K-88.2%	$3.0M+2112.9%	$136K-79.7%	$670K+736.2%	-$105K-133.3%	$316K+124.1%	-$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

QIND Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	29.4%-6.1pp	35.5%	N/A	N/A	N/A	N/A
Operating Margin	-2.8%-9.0pp	6.3%	N/A	N/A	N/A	N/A
Net Margin	-33.4%-28.7pp	-4.7%	N/A	N/A	N/A	N/A
Return on Equity	N/A	-26.2%+543.1pp	-569.3%	N/A	N/A	N/A
Return on Assets	-32.8%-29.9pp	-2.9%+45.0pp	-47.9%-37.8pp	-10.1%	N/A	N/A
Current Ratio	0.42-0.2	0.67+0.3	0.35+0.2	0.13+0.1	0.03-0.9	0.90
Debt-to-Equity	-10.87-18.9	8.07+7.6	0.45+6.7	-6.26-4.6	-1.61+8.4	-9.99
FCF Margin	-17.7%	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	27.3%+2.1pp	25.2%-9.3pp	34.5%+1.6pp	32.9%+6.5pp	26.4%+3.2pp	23.2%-17.4pp	40.6%+3.0pp	37.6%
Operating Margin	4.8%-1.7pp	6.5%+14.6pp	-8.1%-19.1pp	11.0%+37.1pp	-26.2%-38.9pp	12.7%+9.5pp	3.2%-9.6pp	12.8%
Net Margin	0.2%+69.6pp	-69.3%-61.8pp	-7.5%-2.6pp	-4.9%+33.9pp	-38.8%-23.2pp	-15.6%+3.1pp	-18.7%-21.6pp	2.9%
Return on Equity	N/A	N/A	-15.9%-0.6pp	-15.4%+130.2pp	-145.5%-129.0pp	-16.5%+9.1pp	-25.6%-30.8pp	5.2%
Return on Assets	0.1%+21.6pp	-21.5%-20.2pp	-1.3%-0.3pp	-1.0%+6.6pp	-7.7%-5.9pp	-1.8%+1.1pp	-2.9%-3.5pp	0.6%
Current Ratio	0.40-0.0	0.42-0.1	0.55-0.0	0.57-0.0	0.60-0.1	0.67+0.0	0.63-0.0	0.67
Debt-to-Equity	-12.11-1.2	-10.87-11.0	0.18+0.1	0.11+0.0	0.08-8.0	8.07+0.3	7.78+7.5	0.23
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is QUALITY INDL CORP's annual revenue?

QUALITY INDL CORP (QIND) reported $16.3M in total revenue for fiscal year 2025. This represents a 45.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is QUALITY INDL CORP's revenue growing?

QUALITY INDL CORP (QIND) revenue grew by 45.9% year-over-year, from $11.2M to $16.3M in fiscal year 2025.

Is QUALITY INDL CORP profitable?

No, QUALITY INDL CORP (QIND) reported a net income of -$5.4M in fiscal year 2025, with a net profit margin of -33.4%.

What is QUALITY INDL CORP's EBITDA?

QUALITY INDL CORP (QIND) had EBITDA of -$312K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is QUALITY INDL CORP's gross margin?

QUALITY INDL CORP (QIND) had a gross margin of 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is QUALITY INDL CORP's operating margin?

QUALITY INDL CORP (QIND) had an operating margin of -2.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is QUALITY INDL CORP's net profit margin?

QUALITY INDL CORP (QIND) had a net profit margin of -33.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is QUALITY INDL CORP's free cash flow?

QUALITY INDL CORP (QIND) generated -$2.9M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is QUALITY INDL CORP's operating cash flow?

QUALITY INDL CORP (QIND) generated -$2.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are QUALITY INDL CORP's total assets?

QUALITY INDL CORP (QIND) had $16.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are QUALITY INDL CORP's capital expenditures?

QUALITY INDL CORP (QIND) invested $300K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does QUALITY INDL CORP have outstanding?

QUALITY INDL CORP (QIND) had 179M shares outstanding as of fiscal year 2025.

What is QUALITY INDL CORP's current ratio?

QUALITY INDL CORP (QIND) had a current ratio of 0.42 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is QUALITY INDL CORP's debt-to-equity ratio?

QUALITY INDL CORP (QIND) had a debt-to-equity ratio of -10.87 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is QUALITY INDL CORP's return on assets (ROA)?

QUALITY INDL CORP (QIND) had a return on assets of -32.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is QUALITY INDL CORP's cash runway?

Based on fiscal year 2025 data, QUALITY INDL CORP (QIND) had $427K in cash against an annual operating cash burn of $2.6M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is QUALITY INDL CORP's debt-to-equity ratio negative or unusual?

QUALITY INDL CORP (QIND) has negative shareholder equity of -$1.7M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is QUALITY INDL CORP's Piotroski F-Score?

QUALITY INDL CORP (QIND) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are QUALITY INDL CORP's earnings high quality?

QUALITY INDL CORP (QIND) has an earnings quality ratio of 0.48x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can QUALITY INDL CORP cover its interest payments?

QUALITY INDL CORP (QIND) has an interest coverage ratio of -5.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is QUALITY INDL CORP?

QUALITY INDL CORP (QIND) scores 4 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.