Earnings ·
QDM International Inc. reported financial results for the quarter ended June 30, 2026, showing revenue of $8.39…
QDMIDQDM International Inc.
QDM International Inc. reported financial results for the quarter ended June 30, 2026, showing revenue of $8.39 million, a 133.4% increase year-over-year, and net income of $3.15 million, up 70.2%. Basic earnings per share rose to $0.36 from $0.22 in the prior year period. The company adjusted its standard referral fee rate to approximately 50% effective October 1, 2025, aligning with Hong Kong Insurance Authority regulations and causing cost of sales to surge 292.9%. Consequently, gross profit margin decreased from 70.8% to 50.8%, while general and administrative expenses increased by 31.9% due to hiring and CEO payroll adjustments. Cash and cash equivalents stood at $10.16 million as of June 30, 2026. QDM International Inc. operates in the insurance brokerage industry, providing professional insurance and financial services through its subsidiary Hong Kong YeeTah Insurance Broker Limited.