<span item_type="fundamental" item_id="04532524f20c489fa873e88360b9fb54" counter_id="ST/US/QIND" env="prod"></span><span item_type="announcement" item_id="581210222198003073" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 3.516 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -215.69 K.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Revenue</h4><ul><li><strong>Three Months Ended September 30, 2025</strong>: $3,515,873</li><li><strong>Three Months Ended September 30, 2024</strong>: $2,662,050</li><li><strong>Nine Months Ended September 30, 2025</strong>: $11,146,807</li><li><strong>Nine Months Ended September 30, 2024</strong>: $5,979,256</li></ul><h4>Gross Profit</h4><ul><li><strong>Three Months Ended September 30, 2025</strong>: $1,212,444</li><li><strong>Three Months Ended September 30, 2024</strong>: $1,080,762</li><li><strong>Nine Months Ended September 30, 2025</strong>: $3,487,936</li><li><strong>Nine Months Ended September 30, 2024</strong>: $2,329,260</li></ul><h4>Operating Expenses</h4><ul><li><strong>Three Months Ended September 30, 2025</strong>: $1,498,249</li><li><strong>Three Months Ended September 30, 2024</strong>: $995,583</li><li><strong>Nine Months Ended September 30, 2025</strong>: $4,280,404</li><li><strong>Nine Months Ended September 30, 2024</strong>: $1,899,262</li></ul><h4>Net Income (Loss)</h4><ul><li><strong>Three Months Ended September 30, 2025</strong>: - $78,227</li><li><strong>Three Months Ended September 30, 2024</strong>: - $339,852</li><li><strong>Nine Months Ended September 30, 2025</strong>: - $1,238,642</li><li><strong>Nine Months Ended September 30, 2024</strong>: $195,028</li></ul><h4>Cash Flow</h4><ul><li><strong>Operating Cash Flow</strong>: - $1,855,333 for the Nine Months Ended September 30, 2025</li><li><strong>Investing Cash Flow</strong>: - $1,211,616 for the Nine Months Ended September 30, 2025</li><li><strong>Financing Cash Flow</strong>: $3,812,922 for the Nine Months Ended September 30, 2025</li></ul><h4>Unique Metrics</h4><ul><li><strong>Non-Operating Income</strong>: $318,706 for the Three Months Ended September 30, 2025</li><li><strong>Non-Operating Income</strong>: $318,706 for the Nine Months Ended September 30, 2025</li><li><strong>Non-Operating Income</strong>: $427,554 for the Nine Months Ended September 30, 2024</li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li><strong>Revenue Growth</strong>: Al Shola Gas has secured over $2.7 million in new project awards since March 2025 and added more than 1,800 apartments to its utility portfolio since January 2025. The new contracts are projected to yield an estimated annual recurring utility revenue of $905,000.</li><li><strong>Project Expansion</strong>: Al Shola Gas confirmed several new projects for installing and maintaining LPG systems and supplying bulk LPG across multiple large-scale residential and commercial developments in Dubai, UAE. The most significant new projects under contract are valued at approximately $517,000.</li><li><strong>Recurring Revenue</strong>: ASG’s aggregate LPG engineering revenues are expected to exceed $6.7 million in 2025, with associated bulk LPG supply contracts expected to generate approximately $1.77 million in annual recurring revenue.</li></ul><h4>Non-Core Business</h4><ul><li><strong>Strategic Realignment</strong>: The Board of Directors approved a strategic realignment of its executive leadership and board composition, effective immediately, on August 28, 2025.</li><li><strong>Leadership Changes</strong>: Appointment of Mr. Carsten Kjems Falk as Interim Chief Financial Officer and Director, Mr. Sanjeeb Safir as Chief Operating Officer, Mr. Frederico Figueira de Chaves as Chairman of the Board of Directors, and Mr. John-Paul Backwell as a Director of the Company.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1393781/000149315225021390/form10-q.htm"></span></li></ul>

Quality Industrial Corp. | 10-Q: FY2025 Q3 Revenue: USD 3.516 M