QDM International (OTCMKTS:QDMI) Issues Earnings Results

Key Points

• QDM International reported earnings of $0.01 per share for the quarter, with a remarkable net margin of 57.55% and return on equity of 84.80%.
• The company's stock traded down to $1.80, with a market cap of $524.81 million and a price-to-earnings ratio of 180.18.
• QDM International operates primarily as an insurance brokerage in Hong Kong, offering services including life and medical insurance, and general insurance for automobiles and property.

QDM International (OTCMKTS:QDMI - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. QDM International had a return on equity of 104.26% and a net margin of 59.65%.The business had revenue of $3.60 million for the quarter.

QDM International Stock Up 13.9%

OTCMKTS QDMI traded up $0.25 during trading on Tuesday, hitting $2.05. The company's stock had a trading volume of 452 shares, compared to its average volume of 804. The firm has a 50 day moving average price of $2.74 and a 200 day moving average price of $2.12. The firm has a market cap of $597.70 million, a P/E ratio of 102.55 and a beta of 8.88. QDM International has a 52 week low of $0.9201 and a 52 week high of $4.72.

QDM International Company Profile

QDM International Inc operates as an insurance brokerage company primarily in Hong Kong. The company offers life and medical insurance, such as individual life insurance; and general insurance, including automobile, commercial property, and liability and homeowner insurance. It also operates as a mandatory provident fund intermediary; and provides assistance on account opening and related services under mandatory provident fund and occupational retirement schemes ordinance schemes.