Quality Industrial CORP

Market Movers (8-K)

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Quality Industrial Corp. has entered into a Forbearance Agreement to restructure its outstanding convertible promissory notes with RB Capital Partners, Inc., establishing a new payment schedule and extending the maturity date.
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Quality Industrial Corp. announced the immediate resignation of CEO John-Paul Backwell and the appointment of Carsten Kjems Falk as the new CEO.
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Quality Industrial Corp. announced selected fiscal year 2025 financial results, reporting significant revenue growth and progress on its turnaround strategy, despite a substantial GAAP net loss.
Capital raise
Better than expected
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Quality Industrial Corp. announced its fiscal year 2025 financial results, reporting 45.9% revenue growth and significant progress on its turnaround strategy.
Capital raise
Better than expected
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Quality Industrial Corp. reports Q3 2025 progress with strengthened governance, debt reduction, and operational growth at Al Shola Gas, while awaiting Fusion Fuel transaction completion.
Better than expected
Delay expected
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Quality Industrial Corp. announced a strategic realignment of its executive leadership and board, including new CFO, COO, and Chairman appointments, effective August 28, 2025.

Quarterly Earnings (10-Q)

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Quality Industrial Corp. reported increased revenue and gross profit for the first quarter of 2026, driven by its subsidiary Al Shola Gas, while operating expenses significantly decreased.
Capital raise
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Quality Industrial Corp. reported increased revenue for Q3 and nine months ended September 30, 2025, driven by the Al Shola Gas acquisition, but posted a net loss due to significant one-time expenses and negative working capital.
Worse than expected
Capital raise
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Quality Industrial Corp. saw significant revenue growth driven by its Al Shola Gas acquisition, but reported a substantial net loss and worsening working capital deficit due to increased expenses and a one-time management bonus.
Capital raise
Worse than expected
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Quality Industrial Corp. (QIND) reported a net loss of $1.26 million for the first quarter of 2025, primarily due to a one-off management bonus, despite a substantial increase in revenue driven by the acquisition of Al Shola Gas.
Capital raise
Worse than expected
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Quality Industrial Corp.'s latest 10-Q filing reveals a complex financial picture with increased revenue from a recent acquisition, but also ongoing losses and a significant shift in business strategy.
Delay expected
Capital raise
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Quality Industrial Corp. has filed an amended quarterly report showing significant revenue growth due to the acquisition of Al Shola Gas, an LPG company in the UAE.
Better than expected
Capital raise

Annual Reports (10-K)

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Quality Industrial Corp. achieves profitability in 2024, driven by the acquisition of Al Shola Gas, marking a significant turnaround from the previous year's losses.
Better than expected
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Quality Industrial Corp. has filed a restated 10-K for 2022, canceling the Quality International acquisition and highlighting a new 51% stake in Al Shola Gas.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Sanjeeb Safir, COO and Managing Director Middle East for Quality Industrial Corp., has transferred 1,000,000 shares of QIND common stock to Fusion Fuel in exchange for 46,314 shares of Fusion Fuel's Series A Convertible Preferred Shares.
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Fusion Fuel Green PLC, a 10% owner and director of Quality Industrial Corp., converted 8,500 shares of Series B Convertible Preferred Stock into 8,500,000 shares of common stock.
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Fusion Fuel Green PLC, a 10% owner and director, converted preferred stock into 9.6 million common shares of Quality Industrial Corp.
Better than expected
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Fusion Fuel Green PLC, a 10% owner and director of Quality Industrial Corp. (QIND), converted 1,900 shares of Series B Convertible Preferred Stock into 1.9 million shares of QIND common stock.
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Fusion Fuel Green PLC, a 10% owner and director, acquired 2 million shares of Quality Industrial Corp. common stock for $40,000.
Capital raise
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Quality Industrial Corp.'s Chief Operations Officer, Louise Bennett, disposed of 850,000 shares of common stock in a stock swap transaction.

Schedule 13D - Activist Investments

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Fusion Fuel Green PLC converted preferred stock into common shares, increasing its beneficial ownership in Quality Industrial Corp. to 51.9%.
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Fusion Fuel Green PLC converted Series B Preferred Stock into 9.6 million common shares, increasing its beneficial ownership in Quality Industrial Corp. to 53.5%.
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Fusion Fuel Green PLC has increased its beneficial ownership in Quality Industrial Corp. to 53.5% after converting Series B Preferred Stock into common shares.
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Fusion Fuel Green PLC has acquired 2 million shares of Quality Industrial Corp. for $40,000, increasing its beneficial ownership to 55.5% for strategic investment purposes.