# Quality Industrial Corp. (QIND)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/quality-industrial-corp/ JSON: https://steadybase.io/company/quality-industrial-corp.json Checked Nov 10, 2026. Latest filing read: Aug 13, 2026.

## Company

- Legal name: Quality Industrial Corp.
- Ticker: QIND (OTC)
- SEC CIK: 0001393781
- Industry: Misc Industrial & Commercial Machinery & Equipment (SIC 3590)
- Headquarters: San Francisco, CA
- Fiscal year ends: December 31
- SEC filer category: <br>Emerging growth company
- Website: qualityindustrialcorp.com
- Investor relations: https://www.qualityindustrealcorp.com/investor-faqs.html
- LinkedIn: https://www.linkedin.com/company/quality-industrial-corp
- Next earnings date: Nov 13, 2026 (estimated from past 8-K timing)

## Key facts

- Revenue: $16.3M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/0001493152-26-013723-index.html
- Operating income: -$456,778 for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/0001493152-26-013723-index.html
- Net income: -$5.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/0001493152-26-013723-index.html
- SG&A: $4.9M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/0001493152-26-013723-index.html
- Employees: 125 as of , as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm
- Shares outstanding: 193,266,631 as of Aug 13, 2026 (10-Q filed Aug 13, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226037521/0001493152-26-037521-index.html
- Auditor: Bush & Associates Cpa LLC, Las Vegas, Nevada, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm

## Business

Industrial Corp. (“QIND,” “the Company,” “we,” “us,” or “our”) is an industrial company specializing in the energy sector.C. (“ASG” or “Al Shola Gas”), we provide comprehensive solutions for the liquefied petroleum gas (“LPG”) industry. Our services include consulting, designing, supplying, installing, and maintaining LPG systems, as well as the transportation and supply of LPG in both bulk and cylinder formats.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $16.3M | -$456,778 | -$5.4M | $4.9M |
| Dec 31, 2024 | $11.2M | $698,255 | -$523,017 | $2.3M |
| Dec 31, 2022 | $65.6M | -$421,546 | -$102,863 | $11.2M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/quality-industrial-corp.json

## Officers and directors

- John-Paul Backwell, Chief Executive Officer. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm
- Carsten Kjems Falk, Interim Chief Financial Officer. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm
- Sanjeeb Safir, COO and Mng Dir Middle East. Source: Form 4 filed Apr 10, 2026, https://www.sec.gov/Archives/edgar/data/1393781/000149315226016215/0001493152-26-016215-index.htm
- Frederico Figueira de Chaves, Chairman of the Board. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm
- de Chaves Frederico Figueira, Chairman. Source: Form 3 filed Mar 26, 2026, https://www.sec.gov/Archives/edgar/data/1393781/000149315226012990/0001493152-26-012990-index.htm

## Recent 8-K events

- Oct 22, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226048020/form8-k.htm
- Oct 5, 2026: Item 3.03, Material modification to rights of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226045694/form8-k.htm
- Sep 25, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.02, Unregistered sales of equity securities; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226044330/form8-k.htm
- Sep 15, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226042668/form8-k.htm
- Jul 15, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 3.02, Unregistered sales of equity securities; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226033297/form8-k.htm
- Apr 23, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226018637/form8-k.htm
- Mar 31, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013747/form8-k.htm
- Nov 10, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315225021391/form8-k.htm
- Sep 4, 2025: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000164117225026607/form8-k.htm
- Nov 19, 2024: Item 1.01, Entry into a material definitive agreement; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1393781/000121390024099884/ea0221441-8k_quality.htm

## Insider trades (Form 4)

- Nov 26, 2024: Sanjeeb Safir (COO and Mng Dir Middle East) sold 1,000,000 shares. Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226016215/0001493152-26-016215-index.htm

## What management said

- "2025 was a year of decisive action. We restructured the Board, settled legacy obligations, wrote off unrecoverable assets, reduced debt, and eliminated virtually all recurring management costs at the QIND level — while Al Shola Gas continued to grow revenue and expand into new markets. We are now past the most intensive phase of the turnaround and are focused on translating operational strength into long-term shareholder value" Management Commentary John-Paul Backwell, CEO (8-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013747/ex99-1.htm

## Latest filings

- 8-K filed Oct 22, 2026: https://www.sec.gov/Archives/edgar/data/1393781/000149315226048020/form8-k.htm
- 10-K filed Mar 31, 2026: https://www.sec.gov/Archives/edgar/data/1393781/000149315226013723/form10-k.htm
- 10-Q filed Aug 13, 2026: https://www.sec.gov/Archives/edgar/data/1393781/000149315226037521/form10-q.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/