About Quality Industrial
Quality Industrial is a publicly listed company based in San Francisco (United States) founded in 2006, and was acquired by Fusion Fuel in November 2024. Manufacturer of heavy engineered equipment and infrastructure for the Energy Utility sectors. It operates in the Energy & Utilities and Business Services sectors. Its chief executive, as recorded, is John-Paul Backwell. Its focus areas include HR Services, End to End Services, Energy and Utilities. Its legal entity is QUALITY INDUSTRIAL CORP. Its competitors include ADP, Alera Group and UKG; 1 of its 3 listed competitors has raised funding.
Company details
Quality Industrial Corp. was established in 2006 as a public company headquartered in San Francisco, United States. Focus is maintained on the industrial, oil gas, and utility sectors. Heavy engineered equipment and infrastructure are produced to support operations in these areas. Manufacturing activities are directed toward energy and utility needs, with services extending across related industries in the region.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsEnergy & UtilitiesBusiness Services
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- Website qualityindustrialcorp.com
- Social LinkedIn X
- Acquired by Actelis (May 2024)
- Legal Name Quality Industrial Corp.
- Annual Revenue$16.31 M (USD)45.9as on Dec 31, 2025
- Net Profit-$5.44 M (USD)-940.94as on Dec 31, 2025
- EBITDA-$311.58 K (USD)-138.59as on Dec 31, 2025
- InvestorsActelis
& 1 more
- Acquired by
Investors in Quality Industrial
Quality Industrial has secured backing from 2 investors. Prominent investors backing the company include Actelis and Fusion Fuel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of solar energy-based hydrogen generation | 2016 | fusion-fuel.eu | Sabugo, Portugal | |
Broadband access solutions are delivered via DSL and wireless backhaul. | 1998 | actelis.com | Fremont, United States |
Investor details for Quality Industrial
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People of Quality Industrial
1 people are tracked at Quality Industrial (1 in leadership).
| Name | Role | Group |
|---|---|---|
John-Paul Backwell | CEO | Leadership |
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IPO & Listings of Quality Industrial
Quality Industrial is a publicly listed company on the OTC with ticker symbol QIND in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Jan 2002
- Listed onOTC: QIND
- Listed entityQuality Industrial Corp.
- Exchange sectorProducer manufacturing
- ISINUS96773L1061
- Share price$0.01 (+17.24% on the day) · 2026-10-13
- Market capitalisation$1.1M
- EPS (diluted, trailing year)$-0.02
- Volume (last session)500
Financials of Quality Industrial
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $16.3M | -$5.4M | -$311,580 |
| 2024 | $11.2M | -$523,020 | $807,330 |
| 2023 | -$4.2M | -$2.8M | |
| 2022 | -$102,860 | -$421,550 | |
| 2021 | -$5.2M | -$5.2M |
Detailed financial statements for Quality Industrial
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Timeline of Quality Industrial
4 dated milestones of Quality Industrial across 22 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Founded Quality Industrial is founded.
- Exit Acquired by Actelis.
- Exit Acquired by Fusion Fuel.
Competitors of Quality Industrial
Quality Industrial has 3 listed competitors in our database, 1 of them funded. They include ADP, Alera Group and UKG.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adp.com | 1949 | Roseland, United States | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | ||
| aleragroup.com | 1995 | Deerfield, United States | $250M | HR, insurance, and liability services are provided by Alera Group. | ||
| ukg.com | 1977 | Weston, United States | Provider of HR and payroll & workforce management solutions |
Detailed competitors of Quality Industrial
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Related news about Quality Industrial
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Frequently Asked Questions about Quality Industrial
Quality Industrial was founded in 2006.
Quality Industrial is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
John-Paul Backwell is the CEO of Quality Industrial, as recorded in our data.
Annual revenue of Quality Industrial is $16.31M as on Dec 31, 2025.
Quality Industrial Corp. was established in 2006 as a public company headquartered in San Francisco, United States. Focus is maintained on the industrial, oil gas, and utility sectors. Heavy engineered equipment and infrastructure are produced to support operations in these areas. Manufacturing activities are directed toward energy and utility needs, with services extending across related industries in the region.
Quality Industrial's top competitors include Alera Group, UKG and ADP.
Yes, Quality Industrial is publicly traded on OTC under the ticker symbol QIND.
Quality Industrial has 2 investors. Key investors include Actelis, and Fusion Fuel.
Quality Industrial operates through Quality Industrial Corp..
Yes. Quality Industrial was acquired by Actelis in May 2024.

