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Ameriguard Security Services vs Guardforce AI: revenue, profit, margins and growth compared

Ameriguard Security Services brought in $23.5M of revenue in fiscal 2025, Guardforce AI $36.3M in fiscal 2024. Revenue changed by -11.0% at Ameriguard Security Services and +0.2% at Guardforce AI on the year before, so Guardforce AI grew faster. Ameriguard Security Services kept -2.1% of its revenue as net profit, Guardforce AI -16.1%.

Side by side, latest fiscal year

AGSSGFAI
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$23.5M$36.3M
Revenue growth-11.0%+0.2%
Net income-$487.8K-$5.9M
Net margin-2.1%-16.1%
Free cash flown/a-$3.6M
Free cash flow marginn/a-9.8%
Earnings per share (diluted)-$0.01-$0.53
Cash$728.9K$21.9M
Debtn/a$44.2K
Price to earningsn/an/a
Market value$1.3M$10.1M
Dividend yieldn/an/a
Rank by revenue in sector#859 of 1065 · Consumer discretionary#828 of 1065 · Consumer discretionary

Over the years

Revenue
AGSS FY2012: $5.8MAGSS FY2013: $7.3MAGSS FY2021: $22.4MAGSS FY2022: $24.9MAGSS FY2023: $21MAGSS FY2024: $26.4MAGSS FY2025: $23.5MGFAI FY2020: $38.6MGFAI FY2020: $37.6MGFAI FY2021: $34.7MGFAI FY2022: $34MGFAI FY2023: $36.3MGFAI FY2024: $36.3MFY12FY13FY20FY21FY22FY23FY24FY25
AGSS $23.5MGFAI $36.3M
Net income
AGSS FY2012: -$1.5MAGSS FY2013: -$5.5MAGSS FY2020: -$21.4KAGSS FY2021: $94.1KAGSS FY2022: -$436.8KAGSS FY2023: $103.6KAGSS FY2024: -$2.3MAGSS FY2025: -$487.8KGFAI FY2020: $54KGFAI FY2020: $3.1MGFAI FY2021: -$5.5MGFAI FY2022: -$18.6MGFAI FY2023: -$29.6MGFAI FY2024: -$5.9MFY12FY13FY20FY21FY22FY23FY24FY25
AGSS -$487.8KGFAI -$5.9M
Net margin
AGSS FY2012: -25.1%AGSS FY2013: -74.9%AGSS FY2021: 0.4%AGSS FY2022: -1.8%AGSS FY2023: 0.5%AGSS FY2024: -8.8%AGSS FY2025: -2.1%GFAI FY2020: 0.1%GFAI FY2020: 8.2%GFAI FY2021: -15.8%GFAI FY2022: -54.7%GFAI FY2023: -81.5%GFAI FY2024: -16.1%FY12FY13FY20FY21FY22FY23FY24FY25
AGSS -2.1%GFAI -16.1%
Revenue growth
AGSS FY2013: +25.9%AGSS FY2022: +11.2%AGSS FY2023: -15.9%AGSS FY2024: +26.1%AGSS FY2025: -11.0%GFAI FY2020: -2.4%GFAI FY2021: -7.9%GFAI FY2022: -2.0%GFAI FY2023: +6.8%GFAI FY2024: +0.2%FY13FY20FY21FY22FY23FY24FY25
AGSS -11.0%GFAI +0.2%
Free cash flow
AGSS FY2012: -$1.7MAGSS FY2013: -$3.4MGFAI FY2020: $4.6MGFAI FY2020: $3.5MGFAI FY2021: -$4.3MGFAI FY2022: -$21.8MGFAI FY2023: -$3.7MGFAI FY2024: -$3.6MFY12FY13FY20FY21FY22FY23FY24
AGSS -$3.4MGFAI -$3.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ameriguard Security Services and Guardforce AI

Which is bigger by revenue, Ameriguard Security Services or Guardforce AI?

Guardforce AI is bigger by revenue: $36.3M in fiscal 2024, against $23.5M for Ameriguard Security Services in fiscal 2025.

Which keeps more of its revenue as profit, Ameriguard Security Services or Guardforce AI?

Ameriguard Security Services had a net margin of -2.1% in fiscal 2025; Guardforce AI had -16.1% in fiscal 2024.

Which grew revenue faster, Ameriguard Security Services or Guardforce AI?

In their latest fiscal years revenue changed by -11.0% at Ameriguard Security Services and +0.2% at Guardforce AI.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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