QDMI Files 10-K, Confirms Compliance as Smaller Reporting Company
Ticker: QDMI · Form: 10-K · Filed: Jul 10, 2025 · CIK: 1094032
| Field | Detail |
|---|---|
| Company | Qdm International Inc. (QDMI) |
| Form Type | 10-K |
| Filed Date | Jul 10, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K Filing, SEC Compliance, Smaller Reporting Company, Insurance Services, Corporate Governance, Hong Kong Operations, Regulatory Filings
TL;DR
QDMI's 10-K confirms regulatory compliance, but the lack of financial specifics means investors are flying blind on performance.
AI Summary
QDM International Inc. (QDMI) filed its 10-K for the fiscal year ended March 31, 2025, indicating its status as a non-accelerated filer and a smaller reporting company. The company, incorporated in Florida with IRS Employer Identification No. 59-3564984, operates primarily in the insurance agents, brokers, and services sector (SIC 6411). Its business address is Room 1030B, 10/F, Ocean Centre, Harbour City, 5 Canton Road, Tsim Sha Tsui, Hong Kong, with a telephone number of +852 34886893. QDMI confirmed it has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has submitted all Interactive Data Files. The filing does not provide specific revenue or net income figures, nor does it detail key business changes or strategic outlook, focusing instead on regulatory compliance and corporate structure. Risks are not explicitly detailed in the provided excerpt.
Why It Matters
This 10-K filing confirms QDM International Inc.'s ongoing compliance with SEC reporting requirements, which is crucial for maintaining investor confidence and market transparency. As a smaller reporting company, QDMI faces less stringent disclosure rules than larger competitors, potentially impacting the depth of information available to investors. The lack of specific financial performance data in this excerpt means investors must look to other sections of the full filing for insights into revenue, profitability, and competitive positioning within the insurance services sector. Employees and customers might see this as a sign of operational stability, but the absence of strategic details limits forward-looking analysis.
Risk Assessment
Risk Level: medium — The risk level is medium because while QDMI has demonstrated compliance by filing all required reports and Interactive Data Files, the provided excerpt lacks any specific financial performance data (revenue, net income) or detailed business operations. This absence of critical financial information makes it difficult for investors to assess the company's health and future prospects, increasing informational risk.
Analyst Insight
Investors should immediately seek the full 10-K filing to review the financial statements, management discussion and analysis, and risk factors. Without specific revenue, net income, and operational details, any investment decision in QDMI would be speculative.
Key Numbers
- 20250331 — Fiscal Year End Date (The period covered by this 10-K filing.)
- 000-27251 — Commission File Number (Identifies QDMI's filings with the SEC.)
- 59-3564984 — IRS Employer Identification No. (Unique tax identifier for QDM International Inc.)
- 6411 — SIC Code (Standard Industrial Classification for Insurance Agents, Brokers & Services, indicating QDMI's primary business.)
- 0.0001 — Par Value per Share (The nominal value of QDMI's common stock.)
Key Players & Entities
- QDM International Inc. (company) — registrant for 10-K filing
- QDMI (company) — ticker symbol
- SEC (regulator) — Securities and Exchange Commission
- Florida (regulator) — state of incorporation
- 000-27251 (regulator) — Commission file number
- 59-3564984 (regulator) — IRS Employer Identification No.
- March 31, 2025 (date) — fiscal year end
- +852 34886893 (person) — registrant's telephone number
- Room 1030B, 10/F, Ocean Centre, Harbour City, 5 Canton Road, Tsim Sha Tsui, Hong Kong (company) — principal executive offices address
- 0001094032 (company) — Central Index Key (CIK)
FAQ
What is QDM International Inc.'s primary business according to its 10-K?
QDM International Inc. (QDMI) operates in the insurance agents, brokers, and services sector, as indicated by its Standard Industrial Classification (SIC) code 6411 in the 10-K filing.
Has QDM International Inc. filed all required reports with the SEC?
Yes, QDM International Inc. has indicated by check mark in its 10-K that it has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months.
Is QDM International Inc. considered a well-known seasoned issuer?
No, QDM International Inc. has indicated by check mark in its 10-K that it is not a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
What is the fiscal year end for QDM International Inc.?
The fiscal year for QDM International Inc. ended on March 31, 2025, as stated in the 10-K filing.
Where are QDM International Inc.'s principal executive offices located?
QDM International Inc.'s principal executive offices are located at Room 1030B, 10/F, Ocean Centre, Harbour City, 5 Canton Road, Tsim Sha Tsui, Hong Kong.
What is the par value of QDM International Inc.'s common stock?
The par value of QDM International Inc.'s common stock is $0.0001, as disclosed in the 10-K filing.
Is QDM International Inc. a large accelerated filer?
No, QDM International Inc. has indicated in its 10-K that it is a non-accelerated filer and a smaller reporting company, not a large accelerated filer.
What is QDM International Inc.'s IRS Employer Identification Number?
QDM International Inc.'s IRS Employer Identification Number is 59-3564984, as listed in the 10-K filing.
Has QDM International Inc. submitted all required Interactive Data Files?
Yes, QDM International Inc. has confirmed in its 10-K that it has submitted electronically every Interactive Data File required pursuant to Rule 405 of Regulation S-T during the preceding 12 months.
What was QDM International Inc.'s former company name before 2016?
Before January 26, 2016, QDM International Inc. was formerly known as 24/7 Kid Doc, Inc., as detailed in the former company information section of the 10-K.
Industry Context
QDM International Inc. operates within the Insurance Agents, Brokers & Services sector (SIC 6411). This industry is characterized by intermediaries that facilitate insurance transactions, offering a range of products and services. Key trends include increasing digitalization of services, evolving regulatory landscapes, and consolidation among smaller players. Competition can be intense, with success often depending on client relationships, specialized knowledge, and efficient operational models.
Regulatory Implications
As a non-accelerated filer and smaller reporting company, QDMI is subject to reduced disclosure requirements under SEC regulations. However, it must still comply with all mandated filings, including this 10-K, and maintain accurate records. Failure to meet these ongoing reporting obligations could result in penalties and impact investor confidence.
What Investors Should Do
- Seek additional financial disclosures
- Investigate business strategy and outlook
- Monitor for risk factor disclosures
Key Dates
- 2025-03-31: Fiscal Year End — Marks the end of the reporting period for the 10-K filing.
- 2025-07-10: 10-K Filing Date — Indicates when the annual report was officially submitted to the SEC.
Glossary
- Non-accelerated filer
- A type of filer with the SEC that does not meet the criteria for accelerated or large accelerated filer status, typically due to lower public float. (QDMI's classification as a non-accelerated filer suggests it is a smaller company in terms of market capitalization and public float.)
- Smaller reporting company
- A company that meets certain criteria related to public float and annual revenues, allowing for scaled disclosure requirements. (QDMI's status as a smaller reporting company indicates it benefits from reduced reporting obligations compared to larger public companies.)
- SIC Code 6411
- Standard Industrial Classification code for Insurance Agents, Brokers & Services. (This code categorizes QDMI's primary business operations within the insurance services sector.)
- Section 13 or 15(d) of the Securities Exchange Act of 1934
- Sections of the Exchange Act that mandate periodic reporting requirements for companies. (QDMI's confirmation of filing all required reports under these sections signifies its compliance with ongoing disclosure obligations.)
- Interactive Data File
- Electronic files submitted to the SEC in a machine-readable format, often using XBRL. (QDMI's submission of all required Interactive Data Files indicates adherence to modern electronic filing standards.)
- Par Value per Share
- The nominal or face value of a share of stock, as stated in the corporate charter. (A par value of $0.0001 for QDMI's common stock is a nominal amount, common for stocks with low market prices.)
Year-Over-Year Comparison
This analysis is based on a single 10-K filing and does not contain comparative data from a previous filing. Therefore, a year-over-year comparison of metrics such as revenue growth, margin changes, or the emergence of new risks cannot be provided at this time.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on July 10, 2025 by +852 34886893 regarding QDM International Inc. (QDMI).