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NASDAQ · Consumer discretionary

Guardforce AI Co., Ltd. (GFAI)

Guardforce AI Co., Ltd. reported revenue of $36.3M in fiscal 2024, up 0.2% from a year earlier. It posted a net loss of $5.9M. In fiscal 2024 capital spending exceeded operating cash flow by $3.6M. At December 31, 2024 it held $21.9M in cash against $44.2K of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 21, 2026.

Price
$0.33
+2.55% on the day · September 25, 2026
52-week range $0.31 to $1.23
Market cap
$10.4M
Revenue (FY2024)
$36.3M
+0.2% year on year
Net margin
-16.1%

What Guardforce AI Co., Ltd. does

Guardforce AI Co., Ltd. is registered with the SEC under industry code SIC 7381 (Services-Detective, Guard & Armored Car Services). Its shares trade on NASDAQ under the ticker GFAI.

Revenue and profit by year

Revenue
FY20: $38.6M $38.6M FY20FY20: $37.6M $37.6M FY20FY21: $34.7M $34.7M FY21FY22: $34M $34M FY22FY23: $36.3M $36.3M FY23FY24: $36.3M $36.3M FY24
Net income
FY20: $54K $54K FY20FY20: $3.1M $3.1M FY20FY21: -$5.5M -$5.5M FY21FY22: -$18.6M -$18.6M FY22FY23: -$29.6M -$29.6M FY23FY24: -$5.9M -$5.9M FY24

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2024$36.3M-$6.7M-$5.9M-$0.53-$3.6M
2023$36.3M-$29.3M-$29.6M-$4.53-$3.7M
2022$34M-$16.8M-$18.6M-$14.97-$21.8M
2021$34.7M-$3.8M-$5.5M-$11.90-$4.3M
2020$37.6M-$2.1M$3.1M-$7.26$3.5M
2020$38.6M-$111K$54K$0.00$4.6M

Full financial statements: income, balance sheet and cash flow

Where GFAI ranks in Consumer discretionary

Revenue$36.3M
#789 of 955 in Consumer discretionary · Bottom 17%
Revenue growth+0.2%
#565 of 887 in Consumer discretionary · Bottom 36%
Net margin-16.1%
#791 of 901 in Consumer discretionary · Bottom 12%
Free cash flow margin-9.8%
#714 of 796 in Consumer discretionary · Bottom 10%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What Guardforce AI Co., Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. July 30, 2026
  3. June 12, 2026
  4. April 21, 2026
  5. April 21, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  6. March 18, 2026
  7. March 3, 2026
  8. February 23, 2026
  9. December 19, 2025
  10. December 17, 2025

Recent insider filings (Forms 3, 4 and 144): 5, the latest on March 17, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about GFAI

What does Guardforce AI Co., Ltd. do?

Guardforce AI Co., Ltd. is registered with the SEC under industry code SIC 7381 (Services-Detective, Guard & Armored Car Services). Its shares trade on NASDAQ under the ticker GFAI.

Is Guardforce AI Co., Ltd. profitable?

No. In fiscal 2024 it reported a net loss of $5.9M on revenue of $36.3M.

How much revenue does Guardforce AI Co., Ltd. make?

In fiscal 2024 Guardforce AI Co., Ltd. reported revenue of $36.3M. That is 0.2% more than a year earlier.

When did Guardforce AI Co., Ltd. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 21, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 23, 2026.

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Where the numbers come from

Financial figures are the values Guardforce AI Co., Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.