Guardforce Ai Co., Limited GFAI
Annual
Quarterly
FY2024 · ended Dec 31, 2024 · Revenue $36.35M, +0.2% YoY · Filed Apr 28, 2025
Guardforce Ai Co., Limited (GFAI) files with the SEC under industry code 7381, Services-Detective, Guard & Armored Car Services. In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $36.3 million and a net loss of $5.8 million. Free cash flow was -$3.6 million. As of Dec 31, 2024 it held $21.9 million in cash and investments and $2.5 million in total debt.
Revenue
$36.35M
+0.2% vs prior year
Net income
$-5.84M
+80.2% vs prior year
Operating cash flow
$-3.33M
-107.7% vs prior year
Free cash flow
$-3.57M
+3.7% vs prior year
EPS
$-0.53
+88.3% vs prior year
Dividend per share
None
Shares outstanding
24.35M
+36.7% vs prior year
Net cash
$19.41M
FY 2024
Operating margin
-18.5%
FY 2024
Company profile
- Industry
- Services-Detective, Guard & Armored Car Services (SIC 7381)
- Listed as
- GFAI (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Singapore, Singapore
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1804469
- Former names
- Guardforce AI Co., Ltd (until Jan 27, 2022)
Other Services-Detective, Guard & Armored Car Services companies
- Allegion plc ALLE
- ADT Inc. ADT
- Arlo Technologies, Inc. ARLO
- Concorde International Group Ltd. CIGL
- SU Group Holdings Ltd SUGP
All 6 Services-Detective, Guard & Armored Car Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $36.3M | $36.3M | $34.0M | $34.7M | $37.6M |
| Operating income | -$6.7M | -$29.3M | -$16.8M | -$3.8M | -$2.1M |
| Net income | -$5.8M | -$29.6M | -$18.7M | -$5.5M | -$3.1M |
| Diluted EPS | -$0.53 | -$4.53 | — | — | — |
| Operating cash flow | -$3.3M | -$1.6M | -$17.4M | $979,164 | $4.9M |
| Free cash flow | -$3.6M | -$3.7M | -$21.8M | -$4.3M | $3.5M |
| Total assets | $44.7M | $45.8M | $61.2M | $41.8M | $36.0M |
| Total liabilities | $12.7M | $20.7M | $42.0M | $35.2M | $38.1M |
| Stockholders' equity | $32.0M | $25.2M | $19.1M | $6.5M | -$2.2M |
| Cash and investments | $21.9M | $20.2M | $6.9M | $12.7M | $8.4M |
| Total debt | $2.5M | $3.4M | $19.5M | $18.2M | $2.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 27, 2026 | Oct 27, 2026 |
| 6-K | Current report (foreign issuer) | Oct 2, 2026 | Oct 2, 2026 |
| 6-K | Current report (foreign issuer) | Sep 23, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Jun 12, 2026 | Jun 12, 2026 |
| 6-K | Current report (foreign issuer) | Apr 21, 2026 | Apr 21, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 21, 2026 | Dec 31, 2025 |
All 190 Guardforce Ai Co., Limited SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.