QDM International Revenue Surges 248% to $12.3M in Nine Months Ending December 2025

QDM International Inc. reported revenue of $12.3 million for the nine months ended December 31, 2025, a 248% increase from $3.5 million in the year-ago period. The Florida-based company posted net income of $2.4 million, up 42% from $1.7 million a year earlier. Read more earnings reports.

For the three months ended December 31, 2025, revenue reached $4.8 million compared to $1.6 million in the same quarter of the prior year. Third-quarter net income came in at $1.3 million versus $706,615 a year ago, an 80% jump.

Cost of revenue for the nine-month period totaled $7.7 million, compared to $510,158 in the prior year. Gross profit for the nine months reached $4.6 million, down from $3.0 million, as margins compressed with the higher revenue base.

Operating expenses rose to $1.8 million for the nine months from $975,065 a year earlier. Operating income totaled $2.8 million compared to $2.1 million in the prior-year period.

The company generated $3.8 million in cash from operations during the nine months ended December 31, 2025, more than double the $1.5 million produced in the year-ago period. Cash used in financing activities was $40,000 compared to $720,721 a year earlier.

Total assets stood at $16.0 million as of December 31, 2025, up from $10.7 million at March 31, 2025. Cash and cash equivalents climbed to $12.4 million from $8.6 million at the prior fiscal year-end.

Accounts receivable increased to $2.4 million from $1.7 million at March 31, 2025. Total liabilities rose to $4.8 million from $1.9 million over the same period.

Stockholders' equity reached $10.4 million as of December 31, 2025, compared to $8.8 million at March 31, 2025. The company reported 8.6 million common shares outstanding as of December 31, 2025, compared to 8.6 million at the prior fiscal year-end.

Diluted earnings per share for the nine months ended December 31, 2025 came in at $0.27, up from $0.19 in the year-ago period. For the third quarter, diluted EPS was $0.15 compared to $0.08 a year earlier.