QDM International Reports 156% Revenue Growth to $21.48M, Net Income Up 56%
QDMI has more than doubled off its 52-week low of $2.754 on elevated volume (3.5× avg).
Summary
QDM International reported strong fiscal 2026 results, with revenue up 156.4% to $21.48 million and net income rising 56.2% to $7.53 million. This growth was fueled by expanded insurance brokerage and new referral channels. However, the company also disclosed material weaknesses in internal controls and a significant decline in operating cash flow, as detailed in the recent 10-K filing. Gross margins were compressed by high referral fees, which briefly reached 90% before normalizing. Traders must consider these operational and control challenges alongside the impressive top-line growth.
At the time of this announcement, QDMI was trading at $8.00 on OTC in the Finance sector, with a market capitalization of approximately $69.1M. The 52-week trading range was $2.75 to $234.83. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.