Filing Flows › Quality Industrial (QIND) › Q4 2024
Quality Industrial (QIND) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 28, 2025
Quality Industrial (QIND) reported revenue of $5.2M for the fourth quarter 2024 (Q4 2024) and +95% from the quarter before. Operating margin was 9.0%, net loss $5K (0.1% of revenue).
Quality Industrial, Q4 2024: revenue $5.2M, operating margin 9.0%, net loss $5K, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2M | +95% | — |
| Operating profit | $468K | — | — |
| Net earnings | −$5K | — | — |
| Operating cash flow | $2.8M | — | — |
What changed
Revenue was $5.2M in Q4 2024, up 95% from the previous quarter.
Gross margin was 31.4%. Operating profit was $468K, a 9.0% margin. The quarter ended with a net loss of $5K, narrower than the previous quarter's $284K loss. Net interest and other expense of $396K was the main reason.
Operating cash flow was $2.8M. Non-cash charges added back $48K of depreciation and amortization. Working capital and other items added $2.8M. Capital expenditures of −$120K left free cash flow of $3.0M.
Questions
What was Quality Industrial's revenue in the fourth quarter 2024?
Quality Industrial (QIND) reported revenue of $5.2M for the fourth quarter 2024 (Q4 2024) and +95% from the quarter before.
Was Quality Industrial profitable in the fourth quarter 2024?
Operating profit was $468K (9.0% of revenue) and net loss $5K.
Source: Quality Industrial 10-K on SEC EDGAR.