Quarterly ResultJun 30, 2026, 04:27 PM
QDM International FY26 Revenue +179.2% to $21.48M; Net Income +56.22%
AI Summary
QDM International Inc. announced strong financial results for the fiscal year and fourth quarter ended March 31, 2026. For the fiscal year, revenue from insurance brokerage services surged by 179.2% to $21.48 million, and net income grew by 56.22% to $7.53 million, with basic EPS reaching $0.88. The fourth quarter also saw significant growth, with revenue up 88.85% and net income up 63.53%. The company highlighted its robust balance sheet and plans to explore AI technology through strategic M&A to create shareholder value.
Key Highlights
- Fiscal Year 2026 revenue from insurance brokerage services increased by 179.2% to $21.48 million.
- Fiscal Year 2026 net income increased by 56.22% to $7.53 million.
- Fiscal Year 2026 basic EPS was $0.88, up from $0.56 in FY2025.
- Fourth Quarter 2026 revenue increased by 88.85% to $4.30 million.
- Fourth Quarter 2026 net income increased by 63.53% to $2.01 million.
- Cash and cash equivalents stood at $10.33 million as of March 31, 2026.
- Company plans to explore AI technology through strategic mergers and acquisitions.
Price Impact
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