{"success":true,"data":{"pressRelease":{"id":"4518","rtpr_id":"nGNE7WcSH7","ticker":"QDMI","exchange":"OTC","all_tickers":["QDMI"],"title":"QDM INTERNATIONAL REPORTS 248% GROWTH IN 9-MONTH REVENUE, DEBT-FREE BALANCE SHEET, AND STRATEGIC EXPANSION PLANS IN BUSINESS UPDATE","author":"Globe Newswire","published_at":"2026-04-22T12:00:00.529Z","article_body":"HONG KONG, April 22, 2026 (GLOBE NEWSWIRE) -- QDM International Inc.\n(“QDM” or the “Company”) (OTCQB: QDMI), a Florida holding company with\noperations primarily conducted through its indirectly wholly-owned subsidiary,\nHong Kong YeeTah Insurance Broker Limited (“YeeTah”), today provided a\nbusiness update highlighting the Company’s financial performance,\ncompetitive positioning, and strategic priorities.\n\nOverview\n\nQDM is a Florida holding company with operations primarily conducted through\nits indirectly wholly-owned subsidiary YeeTah in Hong Kong. As of December 31,\n2025, YeeTah offered approximately 582 insurance products spanning life and\nmedical insurance, general insurance (auto, property, liability, and homeowner\ninsurance policies), and mandatory provident fund (“MPF”) retirement\nservices, through partnerships with 23 insurance companies. These 23 partners\nare the product of rigorous institutional selection and collectively cover the\nmainstream underwriters and core product categories in Hong Kong’s insurance\nmarket, enabling the Company to address the full breadth of client protection\nneeds. QDM serves both Hong Kong residents and visitors from mainland China.\n\nInsurance firms pay YeeTah commissions, typically a percentage of the\ninsured’s premium. After a 21-day cooling-off period, commissions are paid.\nThe Company does not bear underwriting risk; it operates instead as an\nindependent trusted advisor to individual policyholders.\n\nA Growing Market\n\nHong Kong has one of the most advanced insurance markets in the world. In\n2022, insurance penetration reached 20.0% of GDP, the highest globally,\ncompared to 11.6% in the United States and just 3.9% in mainland China. Hong\nKong’s insurance industry is expected to further grow. Key demand drivers\ninclude:\n* Rising disposable income: Hong Kong’s GDP per capita rose from\napproximately $32,550 in 2010 to approximately US$56,000 in 2025, expanding\nthe addressable pool of life and health insurance customers.\n* An aging population: A growing cohort of seniors and individuals in Hong\nKong and mainland China with chronic conditions is driving sustained demand\nfor life and health insurance products.\n* Cross-border demand: Following the lifting of COVID-19 related travel\nrestrictions, traveling within Guangdong Province, Hong Kong, and Macao (the\n“Greater Bay Area”), continues to draw mainland Chinese customers to Hong\nKong’s tax-advantaged, product-rich insurance market.\n* Growing mass-affluent segment: We expect Hong Kong’s affluent population\nto drive sustained investment in property, vehicles, and financial protection\nproducts.\nWhat Sets QDM Apart\n* A focus on life insurance. We have deliberately prioritized life insurance,\na segment generally producing more substantial commissions and meaningful\nrecurring renewal income. First-year commissions for life and medical\ninsurance products range from 2.75% to 90%, while renewal commissions can\nreach 64.8%.\n* Partnering with insurers. Since 2015, YeeTah has worked with Hong Kong’s\nleading insurance companies, passing their strict annual reviews and earning\ncompetitive commission rates.\n* Quality customer services. YeeTah offers individualized guidance throughout\nthe entire insurance-buying process—from needs assessment and product\ncustomization through evaluation, selection, and claims handling.\n* Experienced team. Mr. Huihe Zheng, the chief executive officer of YeeTah and\nQDM, has over a decade of experience in the insurance and finance industry.\nAdditionally, each of the five members of YeeTah’s sales team has over ten\nyears of field experience, and is further supported by its rigorous in-house\ntraining program.\nFinancial Performance\n\nDuring the fiscal year ended March 31, 2025, QDM’s revenue totaled $8.38\nmillion, with net income of $4.82 million—a year-over-year increase of 31.7%\nin revenue and 208.3% in net income compared to fiscal year 2024.\n\nThe momentum continued. For the nine months ended December 31, 2025, revenue\nreached $12.33 million, already exceeding our full prior fiscal year,\nrepresenting a 248.4% increase from the comparable nine-month period of the\nprevious fiscal year. Net income for the same period of fiscal year 2025 was\n$2.35 million, representing an increase of 42.1% year over year. This growth\nis driven by the expansion of the Company’s insurer partnerships, an\nincrease in the number of policies generating commissions, and improved\ncommission rates. The management believes the revenue acceleration represents\na normalized channel expansion and deepening client relationships, a\nstructural improvement in the business, not a pull-forward of demand.\n\nDuring the first half of fiscal year 2026, referral fee rates rose\nsignificantly in response to competitive market conditions, an industry-wide\ndynamic in which operators adjusted cost structures ahead of new regulatory\nguidance. The Company calibrated its rates to approximately 90% during the\nApril–September 2025 period. Following guidance from the Hong Kong Insurance\nAuthority, which adopted a 50% benchmark for referral fees, the Company\nreduced its rates to approximately 40–50% beginning in October 2025. Going\nforward, the Company expects a meaningful recovery from the temporary\ncompression experienced during the regulatory transition period.\n\nGeneral and administrative expenses increased year over year, primarily\nreflecting professional fees associated with the Company’s proposed Nasdaq\nuplisting, a non-recurring cost category that management expects to diminish\nfollowing successful completion of the listing process.\n\nThe Company’s balance sheet is clean and strong. As of December 31, 2025,\nthe Company held $12.35 million in cash and cash equivalents, against total\nliabilities of $4.80 million. The Company’s total shareholders’ equity\nreached $10.38 million. The Company carries no debt. Cash provided by\noperating activities for the nine months ended December 31, 2025 was\napproximately $3.84 million, more than doubled compared to the prior-year\nperiod.\n\nLooking Ahead: Growth and Milestones\n\nThe Company is pursuing several strategic priorities that it believes will\ndrive the next chapter of value creation for shareholders.\n* Expansion of life insurance business. The Company intends to devote\nsignificant resources to growing its life insurance business, the\nhighest-margin segment of the Hong Kong insurance market, through active\nrecruitment of sales professionals, productivity improvements, and\ncross-selling to existing non-life customers.\n* Distribution network expansion. The Company is actively building referral\nrelationships with business partners in Hong Kong and mainland China,\nincluding wealth management companies, financial institutions, real estate\ncompanies, trust companies, and overseas immigration agencies, to drive\npremium volume and access high-net-worth customers. Consistent with the\nCompany’s operating model and the Hong Kong Insurance Authority’s\nrequirements, insurance agreements are executed exclusively in Hong Kong,\nensuring full regulatory compliance regardless of a client’s origin.\n* Strengthening insurer partnerships. As sales volumes grow, the Company\nintends to pursue more favorable commission rates, exclusive distribution\nrights for high-margin products, and collaborative product development with\ninsurance company partners.\n* Diversifying revenue streams. The Company’s referral partnership with a\nHong Kong trust company, through which the Company connects customers with\nasset management services in exchange for referral fees, demonstrates its\ncommitment to expanding revenue beyond traditional brokerage commissions.\nManagement Commentary\n\n“QDM has entered a new phase of growth anchored by a clear strategic\nagenda,” said Mr. Huihe Zheng, Chairman, CEO, and President of QDM. “Our\nnine-month revenue through December 2025 has already surpassed our full prior\nfiscal year, and our balance sheet is strong with over $12 million in cash and\nno debt. The gross margin compression we experienced during the regulatory\ntransition period is behind us. We are now operating at normalized\nreferral-fee levels, and expect a meaningful recovery from the temporary\ncompression experienced during the regulatory transition period. Our growth\nhas been driven by genuine channel expansion and deepening client\nrelationships, and we expect that foundation to carry into fiscal year 2027\nand beyond. The path ahead, expanding our footprint across Asian markets and\ncompleting a listing on a national securities exchange, represents a series of\nvalue catalysts that we believe make QDM a compelling story for long-term\ninvestors.”\n\nAbout QDM International Inc.\n\nQDM is a Florida holding company with operations primarily conducted through\nits indirectly wholly-owned subsidiary YeeTah in Hong Kong. YeeTah is an\nindependent, licensed insurance broker offering approximately 582 insurance\nproducts as of December 31, 2025, spanning life and medical insurance, general\ninsurance (auto, property, liability, and homeowner insurance policies), and\nmandatory provident fund (“MPF”) retirement services, through partnerships\nwith 23 insurance companies. These 23 partners are the product of rigorous\ninstitutional selection and collectively cover the mainstream underwriters and\ncore product categories in Hong Kong’s market, enabling the Company to\naddress the full breadth of client protection needs. QDM serves both Hong Kong\nresidents and visitors from mainland China. For more information, please visit\nhttps://www.qdmi.net.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. In addition, the Company’s\nrepresentatives may from time to time make forward-looking statements, orally\nor in writing. The Company bases these forward-looking statements on its\nexpectations and projections about future events, which the Company derives\nfrom the information currently available to it. Such forward-looking\nstatements relate to future events or the Company’s future performance,\nincluding: its financial performance and projections; its revenue and earnings\ngrowth; its business prospects and opportunities; its ability to expand its\ndistribution network and insurer partnerships; the anticipated growth of Hong\nKong’s insurance market and the professional insurance intermediary sector;\nand the Company’s plans to pursue a listing on a national securities\nexchange. You can identify forward-looking statements by those that are not\nhistorical in nature, particularly those that use terminology such as\n“may,” “should,” “expects,” “anticipates,” “contemplates,”\n“estimates,” “believes,” “plans,” “projected,” “predicts,”\n“potential,” or “hopes” or the negative of these or similar terms. In\nevaluating these forward-looking statements, you should consider various\nfactors, including: the Company’s ability to attract and retain customers,\nincluding mainland Chinese visitors to Hong Kong; its ability to maintain and\nexpand relationships with insurance company partners and obtain favorable\ncommission rates; changes in laws, regulations, or regulatory guidance in Hong\nKong, including those issued by the Insurance Authority, that could impact the\nCompany’s business or commission structures; the impact of political,\neconomic, and social conditions in Hong Kong and mainland China; the\nCompany’s ability to recruit and retain qualified sales professionals and\nkey management personnel; the competitive environment of the insurance\nbrokerage industry in Hong Kong; and the Company’s ability to complete a\nproposed public offering and listing on a national securities exchange. These\nand other factors may cause our actual results to differ materially from any\nforward-looking statement. Forward-looking statements are only predictions. We\nare not obligated to update or revise any forward-looking statement publicly,\nwhether as a result of new information, future events, uncertainties, or\nassumptions, except as required by applicable law. The forward-looking events\ndiscussed in this press release and other statements made from time to time by\nthe Company or its representatives may not occur, and actual events and\nresults may differ materially and are subject to risks, uncertainties, and\nassumptions about the Company. For a more detailed discussion of risk factors,\nplease refer to the Company’s filings with the Securities and Exchange\nCommission, including the “Risk Factors” section of the Company’s\nRegistration Statement on Form S-1.\n\nInvestor Relations Contact:\nMatthew Abenante, IRC\nPresident\nStrategic Investor Relations, LLC \nTel: 347-947-2093\nEmail: matthew@strategic-ir.com","article_body_html":"","raw_payload":{"data":{"id":"nGNE7WcSH7","title":"QDM INTERNATIONAL REPORTS 248% GROWTH IN 9-MONTH REVENUE, DEBT-FREE BALANCE SHEET, AND STRATEGIC EXPANSION PLANS IN BUSINESS UPDATE","author":"Globe Newswire","ticker":"QDMI","created":"2026-04-22T12:00:00.529Z","tickers":["QDMI"],"exchange":"OTC","article_body":"HONG KONG, April 22, 2026 (GLOBE NEWSWIRE) -- QDM International Inc.\n(“QDM” or the “Company”) (OTCQB: QDMI), a Florida holding company with\noperations primarily conducted through its indirectly wholly-owned subsidiary,\nHong Kong YeeTah Insurance Broker Limited (“YeeTah”), today provided a\nbusiness update highlighting the Company’s financial performance,\ncompetitive positioning, and strategic priorities.\n\nOverview\n\nQDM is a Florida holding company with operations primarily conducted through\nits indirectly wholly-owned subsidiary YeeTah in Hong Kong. As of December 31,\n2025, YeeTah offered approximately 582 insurance products spanning life and\nmedical insurance, general insurance (auto, property, liability, and homeowner\ninsurance policies), and mandatory provident fund (“MPF”) retirement\nservices, through partnerships with 23 insurance companies. These 23 partners\nare the product of rigorous institutional selection and collectively cover the\nmainstream underwriters and core product categories in Hong Kong’s insurance\nmarket, enabling the Company to address the full breadth of client protection\nneeds. QDM serves both Hong Kong residents and visitors from mainland China.\n\nInsurance firms pay YeeTah commissions, typically a percentage of the\ninsured’s premium. After a 21-day cooling-off period, commissions are paid.\nThe Company does not bear underwriting risk; it operates instead as an\nindependent trusted advisor to individual policyholders.\n\nA Growing Market\n\nHong Kong has one of the most advanced insurance markets in the world. In\n2022, insurance penetration reached 20.0% of GDP, the highest globally,\ncompared to 11.6% in the United States and just 3.9% in mainland China. Hong\nKong’s insurance industry is expected to further grow. Key demand drivers\ninclude:\n* Rising disposable income: Hong Kong’s GDP per capita rose from\napproximately $32,550 in 2010 to approximately US$56,000 in 2025, expanding\nthe addressable pool of life and health insurance customers.\n* An aging population: A growing cohort of seniors and individuals in Hong\nKong and mainland China with chronic conditions is driving sustained demand\nfor life and health insurance products.\n* Cross-border demand: Following the lifting of COVID-19 related travel\nrestrictions, traveling within Guangdong Province, Hong Kong, and Macao (the\n“Greater Bay Area”), continues to draw mainland Chinese customers to Hong\nKong’s tax-advantaged, product-rich insurance market.\n* Growing mass-affluent segment: We expect Hong Kong’s affluent population\nto drive sustained investment in property, vehicles, and financial protection\nproducts.\nWhat Sets QDM Apart\n* A focus on life insurance. We have deliberately prioritized life insurance,\na segment generally producing more substantial commissions and meaningful\nrecurring renewal income. First-year commissions for life and medical\ninsurance products range from 2.75% to 90%, while renewal commissions can\nreach 64.8%.\n* Partnering with insurers. Since 2015, YeeTah has worked with Hong Kong’s\nleading insurance companies, passing their strict annual reviews and earning\ncompetitive commission rates.\n* Quality customer services. YeeTah offers individualized guidance throughout\nthe entire insurance-buying process—from needs assessment and product\ncustomization through evaluation, selection, and claims handling.\n* Experienced team. Mr. Huihe Zheng, the chief executive officer of YeeTah and\nQDM, has over a decade of experience in the insurance and finance industry.\nAdditionally, each of the five members of YeeTah’s sales team has over ten\nyears of field experience, and is further supported by its rigorous in-house\ntraining program.\nFinancial Performance\n\nDuring the fiscal year ended March 31, 2025, QDM’s revenue totaled $8.38\nmillion, with net income of $4.82 million—a year-over-year increase of 31.7%\nin revenue and 208.3% in net income compared to fiscal year 2024.\n\nThe momentum continued. For the nine months ended December 31, 2025, revenue\nreached $12.33 million, already exceeding our full prior fiscal year,\nrepresenting a 248.4% increase from the comparable nine-month period of the\nprevious fiscal year. Net income for the same period of fiscal year 2025 was\n$2.35 million, representing an increase of 42.1% year over year. This growth\nis driven by the expansion of the Company’s insurer partnerships, an\nincrease in the number of policies generating commissions, and improved\ncommission rates. The management believes the revenue acceleration represents\na normalized channel expansion and deepening client relationships, a\nstructural improvement in the business, not a pull-forward of demand.\n\nDuring the first half of fiscal year 2026, referral fee rates rose\nsignificantly in response to competitive market conditions, an industry-wide\ndynamic in which operators adjusted cost structures ahead of new regulatory\nguidance. The Company calibrated its rates to approximately 90% during the\nApril–September 2025 period. Following guidance from the Hong Kong Insurance\nAuthority, which adopted a 50% benchmark for referral fees, the Company\nreduced its rates to approximately 40–50% beginning in October 2025. Going\nforward, the Company expects a meaningful recovery from the temporary\ncompression experienced during the regulatory transition period.\n\nGeneral and administrative expenses increased year over year, primarily\nreflecting professional fees associated with the Company’s proposed Nasdaq\nuplisting, a non-recurring cost category that management expects to diminish\nfollowing successful completion of the listing process.\n\nThe Company’s balance sheet is clean and strong. As of December 31, 2025,\nthe Company held $12.35 million in cash and cash equivalents, against total\nliabilities of $4.80 million. The Company’s total shareholders’ equity\nreached $10.38 million. The Company carries no debt. Cash provided by\noperating activities for the nine months ended December 31, 2025 was\napproximately $3.84 million, more than doubled compared to the prior-year\nperiod.\n\nLooking Ahead: Growth and Milestones\n\nThe Company is pursuing several strategic priorities that it believes will\ndrive the next chapter of value creation for shareholders.\n* Expansion of life insurance business. The Company intends to devote\nsignificant resources to growing its life insurance business, the\nhighest-margin segment of the Hong Kong insurance market, through active\nrecruitment of sales professionals, productivity improvements, and\ncross-selling to existing non-life customers.\n* Distribution network expansion. The Company is actively building referral\nrelationships with business partners in Hong Kong and mainland China,\nincluding wealth management companies, financial institutions, real estate\ncompanies, trust companies, and overseas immigration agencies, to drive\npremium volume and access high-net-worth customers. Consistent with the\nCompany’s operating model and the Hong Kong Insurance Authority’s\nrequirements, insurance agreements are executed exclusively in Hong Kong,\nensuring full regulatory compliance regardless of a client’s origin.\n* Strengthening insurer partnerships. As sales volumes grow, the Company\nintends to pursue more favorable commission rates, exclusive distribution\nrights for high-margin products, and collaborative product development with\ninsurance company partners.\n* Diversifying revenue streams. The Company’s referral partnership with a\nHong Kong trust company, through which the Company connects customers with\nasset management services in exchange for referral fees, demonstrates its\ncommitment to expanding revenue beyond traditional brokerage commissions.\nManagement Commentary\n\n“QDM has entered a new phase of growth anchored by a clear strategic\nagenda,” said Mr. Huihe Zheng, Chairman, CEO, and President of QDM. “Our\nnine-month revenue through December 2025 has already surpassed our full prior\nfiscal year, and our balance sheet is strong with over $12 million in cash and\nno debt. The gross margin compression we experienced during the regulatory\ntransition period is behind us. We are now operating at normalized\nreferral-fee levels, and expect a meaningful recovery from the temporary\ncompression experienced during the regulatory transition period. Our growth\nhas been driven by genuine channel expansion and deepening client\nrelationships, and we expect that foundation to carry into fiscal year 2027\nand beyond. The path ahead, expanding our footprint across Asian markets and\ncompleting a listing on a national securities exchange, represents a series of\nvalue catalysts that we believe make QDM a compelling story for long-term\ninvestors.”\n\nAbout QDM International Inc.\n\nQDM is a Florida holding company with operations primarily conducted through\nits indirectly wholly-owned subsidiary YeeTah in Hong Kong. YeeTah is an\nindependent, licensed insurance broker offering approximately 582 insurance\nproducts as of December 31, 2025, spanning life and medical insurance, general\ninsurance (auto, property, liability, and homeowner insurance policies), and\nmandatory provident fund (“MPF”) retirement services, through partnerships\nwith 23 insurance companies. These 23 partners are the product of rigorous\ninstitutional selection and collectively cover the mainstream underwriters and\ncore product categories in Hong Kong’s market, enabling the Company to\naddress the full breadth of client protection needs. QDM serves both Hong Kong\nresidents and visitors from mainland China. For more information, please visit\nhttps://www.qdmi.net.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. In addition, the Company’s\nrepresentatives may from time to time make forward-looking statements, orally\nor in writing. The Company bases these forward-looking statements on its\nexpectations and projections about future events, which the Company derives\nfrom the information currently available to it. Such forward-looking\nstatements relate to future events or the Company’s future performance,\nincluding: its financial performance and projections; its revenue and earnings\ngrowth; its business prospects and opportunities; its ability to expand its\ndistribution network and insurer partnerships; the anticipated growth of Hong\nKong’s insurance market and the professional insurance intermediary sector;\nand the Company’s plans to pursue a listing on a national securities\nexchange. You can identify forward-looking statements by those that are not\nhistorical in nature, particularly those that use terminology such as\n“may,” “should,” “expects,” “anticipates,” “contemplates,”\n“estimates,” “believes,” “plans,” “projected,” “predicts,”\n“potential,” or “hopes” or the negative of these or similar terms. In\nevaluating these forward-looking statements, you should consider various\nfactors, including: the Company’s ability to attract and retain customers,\nincluding mainland Chinese visitors to Hong Kong; its ability to maintain and\nexpand relationships with insurance company partners and obtain favorable\ncommission rates; changes in laws, regulations, or regulatory guidance in Hong\nKong, including those issued by the Insurance Authority, that could impact the\nCompany’s business or commission structures; the impact of political,\neconomic, and social conditions in Hong Kong and mainland China; the\nCompany’s ability to recruit and retain qualified sales professionals and\nkey management personnel; the competitive environment of the insurance\nbrokerage industry in Hong Kong; and the Company’s ability to complete a\nproposed public offering and listing on a national securities exchange. These\nand other factors may cause our actual results to differ materially from any\nforward-looking statement. Forward-looking statements are only predictions. We\nare not obligated to update or revise any forward-looking statement publicly,\nwhether as a result of new information, future events, uncertainties, or\nassumptions, except as required by applicable law. The forward-looking events\ndiscussed in this press release and other statements made from time to time by\nthe Company or its representatives may not occur, and actual events and\nresults may differ materially and are subject to risks, uncertainties, and\nassumptions about the Company. For a more detailed discussion of risk factors,\nplease refer to the Company’s filings with the Securities and Exchange\nCommission, including the “Risk Factors” section of the Company’s\nRegistration Statement on Form S-1.\n\nInvestor Relations Contact:\nMatthew Abenante, IRC\nPresident\nStrategic Investor Relations, LLC \nTel: 347-947-2093\nEmail: matthew@strategic-ir.com"},"type":"article","timestamp":"2026-04-22T12:00:00.758759038Z","server_sent_at_ms":1776859200758},"received_at":"2026-04-22T12:00:00.813Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}