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Guardforce AI Co., Limited logo

Guardforce AI Co., Limited

GFAI

NASDAQIndustrialsSecurity & Protection Services

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Latest quote

$0.37

+$0.0201 · +5.82%

Aug 21, 3:55 PM ET

GFAI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

34

Expensive

Momentum

19

Strong Down

Sentiment

52

Mixed

Risk resilience

13

Extreme Risk

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Company profile

Company website

Based in Singapore and incorporated in 2018, Guardforce AI Co., Limited specializes in providing comprehensive cash management and secure currency handling services across Thailand. Their extensive portfolio encompasses secure cash transportation, oversight of automated teller machines (ATMs), and the operation of dedicated centers for processing cash and cheques. Additionally, they offer tailored solutions for cash deposit machines, covering both their management and expedited cash services. A diverse clientele benefits from their offerings, including domestic commercial banks, major retail chains, coin manufacturers, and various governmental bodies.

Industry
Security & Protection Services
Sector
Industrials
Headquarters
SG
CEO
Lei Wang
Listed since
Sep 29, 2021
Employees
1,657

Market position

Volume
117.86K
0.14× average
Average volume
843.94K
Average daily volume
Market cap
8.01M USD
Beta
2.71
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-1.02×
P/B (TTM)
0.19×
P/S (TTM)
0.23×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
15.00%
Operating margin
-16.68%
Net margin
-18.89%

Financial health

Debt / equity
0.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%-14%-53%-91%Gross margin, FY2021: 7.98%Gross margin, FY2022: 3.63%Gross margin, FY2023: 4.20%Gross margin, FY2024: 14.07%Gross margin, FY2025: 15.00%Operating margin, FY2021: -10.54%Operating margin, FY2022: -49.54%Operating margin, FY2023: -80.77%Operating margin, FY2024: -19.20%Operating margin, FY2025: -16.68%Net margin, FY2021: -15.59%Net margin, FY2022: -54.66%Net margin, FY2023: -81.51%Net margin, FY2024: -16.75%Net margin, FY2025: -18.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.98%. Gross margin FY2022 3.63%. Gross margin FY2023 4.20%. Gross margin FY2024 14.07%. Gross margin FY2025 15.00%. Operating margin FY2021 -10.54%. Operating margin FY2022 -49.54%. Operating margin FY2023 -80.77%. Operating margin FY2024 -19.20%. Operating margin FY2025 -16.68%. Net margin FY2021 -15.59%. Net margin FY2022 -54.66%. Net margin FY2023 -81.51%. Net margin FY2024 -16.75%. Net margin FY2025 -18.89%.

Income trends

Revenue

35.23M USD+0.61%

Operating income

−5.88M USD+12.57%

Net income

−6.66M USD-13.52%
Income trends across reported periods42.87M USD16.52M USD−9.82M USD−36.16M USDRevenue, FY2021: 35.15M USDRevenue, FY2022: 33.97M USDRevenue, FY2023: 36.28M USDRevenue, FY2024: 35.02M USDRevenue, FY2025: 35.23M USDOperating income, FY2021: −3.7M USDOperating income, FY2022: −16.83M USDOperating income, FY2023: −29.3M USDOperating income, FY2024: −6.72M USDOperating income, FY2025: −5.88M USDNet income, FY2021: −5.48M USDNet income, FY2022: −18.56M USDNet income, FY2023: −29.57M USDNet income, FY2024: −5.86M USDNet income, FY2025: −6.66M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.15M USD. Revenue FY2022 33.97M USD. Revenue FY2023 36.28M USD. Revenue FY2024 35.02M USD. Revenue FY2025 35.23M USD. Operating income FY2021 −3.7M USD. Operating income FY2022 −16.83M USD. Operating income FY2023 −29.3M USD. Operating income FY2024 −6.72M USD. Operating income FY2025 −5.88M USD. Net income FY2021 −5.48M USD. Net income FY2022 −18.56M USD. Net income FY2023 −29.57M USD. Net income FY2024 −5.86M USD. Net income FY2025 −6.66M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue35.23M USD35.02M USD36.28M USD33.97M USD35.15M USD
Cost of goods sold29.95M USD30.09M USD34.76M USD33.24M USD32.35M USD
Gross profit5.29M USD4.93M USD1.53M USD1.23M USD2.81M USD
Research and development837.72K USD388.89K USD169.51K USD99.95K USD—
Selling, general, and administrative9.37M USD11.04M USD20.38M USD14.7M USD7.1M USD
Operating expenses11.16M USD11.65M USD30.83M USD13.19M USD6.51M USD
Interest income471.37K USD337.6K USD———
Interest expense——653.37K USD1.14M USD984.84K USD
Depreciation and amortization3.29M USD3.12M USD5.24M USD5.98M USD5.03M USD
Operating income−5.88M USD−6.72M USD−29.3M USD−16.83M USD−3.7M USD
Net income−6.66M USD−5.86M USD−29.57M USD−18.56M USD−5.48M USD

Company facts updated Aug 24, 2026.

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