QDM International Q1 Revenue Jumps 133% to $8.4M, EPS Hits $0.36
QDMI sits 100% above its 52-week low of $2.754.
Summary
QDM International reported Q1 FY2027 results with revenue up 133.4% year-over-year to approximately $8.4 million and net income up 70.2% to about $3.15 million. EPS rose to $0.36 from $0.22. The growth was driven by expanded insurance partnerships and referral channels, but gross margin fell to 50.8% from 70.8% due to a shift to a 50% standard referral fee rate mandated by Hong Kong regulators. Cash position remains solid at $10.16 million. This follows the 10-Q filed August 14 and the MCM Wealth Management acquisition in July, adding a second Hong Kong insurance brokerage license. The margin compression is a key watch item as the higher referral fee structure becomes the new baseline.
At the time of this announcement, QDMI was trading at $5.50 on OTC in the Finance sector, with a market capitalization of approximately $47.5M. The 52-week trading range was $2.75 to $189.91. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.