Guardforce AI Stock Price, News & Analysis

Guardforce AI (NASDAQ: GFAI) reported its full-year 2024 financial results, showing modest growth but significant operational improvements. Revenue increased 0.2% to $36.3 million, while gross profit rose 16.1% with margins improving to 17.2% from 14.9% in 2023.

The company significantly reduced its net loss to $5.9 million, an 80.1% improvement year-over-year. Selling, distribution, and administrative expenses decreased by 20.7% to $10.1 million. The company maintained a strong cash position of $23.4 million as of December 31, 2024.

Notable operational highlights include serving over 25,000 retail stores globally, with retail becoming a primary client segment surpassing traditional banking focus. The company advanced its Robotics-as-a-Service model in Asia-Pacific and launched DVGO (DeepVoyage Go), an AI-powered travel planning agent.

Guardforce AI (NASDAQ: GFAI), a global integrated security provider specializing in secured logistics, AI, and Robot-as-a-Service (RaaS), has announced its upcoming year-end 2024 financial results conference call. The event is scheduled for Monday, April 28, 2025, at 8:30 a.m. Eastern Time.

Participants can join via telephone by dialing 888-506-0062 (U.S. toll-free) or 973-528-0011 (international) using access code 436086. A webcast will be available at the company's investor relations website. Investors can submit questions beforehand via email to gfai@crescendo-ir.com.

The webcast replay will be accessible through April 26, 2026, while a telephone replay will be available until May 12, 2025, by dialing 877-481-4010 (U.S.) or +1 919-882-2331 (international) with access code 52346.

Guardforce AI (NASDAQ: GFAI) has announced the beta launch of DeepVoyage Go (DVGO), an AI-powered travel planning tool in the United States. The platform utilizes specialized AI agents that emulate professional travel advisors' expertise, reducing planning time from days to hours while creating personalized itineraries.

DVGO will be rolled out in phases, initially focusing on travel needs analysis, premium itinerary planning, and AI-powered communication. The service is currently available by invitation only with a three-day free trial, followed by a subscription-based model. The company plans to expand the service to the Asia-Pacific region.

This launch builds upon Guardforce AI's existing portfolio of concierge robots and RoboTravel Agent (RTA) deployments, representing their strategic expansion into AI-powered productivity tools for the global travel industry.

Guardforce AI (NASDAQ: GFAI) has renewed key contracts with the Government Savings Bank (GSB) in Thailand through its subsidiary Guardforce Cash Solutions Security. The partnership includes two three-year multi-million-dollar contracts for cash center operations and secured logistics services for coins.

GFCS currently supports over 1,000 GSB branches across Thailand, representing more than 95% of GSB's nationwide network. Services include ATM replenishment, maintenance, and coin services. GSB operates as a financial institution guaranteed by the Thai government under the Ministry of Finance supervision.

The renewal extends a decades-long relationship between the companies and positions Guardforce AI as Thailand's leading secured logistics provider, ensuring a stable revenue stream for future growth initiatives.

Guardforce AI (NASDAQ: GFAI) announced an enhanced collaboration with Librum Technologies to develop advanced AI agents for travel and purchasing solutions. The partnership leverages Librum's proprietary 'AI-oracle machines for intelligent computing' technology, which combines various AI models including Large Language Models (LLMs), Large Reasoning Models (LRMs), and Large Vision Models (LVMs).

The AI agents have completed their initial proof-of-concept phase and are designed to interpret complex user requests, provide personalized solutions, and enhance customer experience. The technology integrates advanced algorithms with various AI models to ensure precise and interpretable computational results while minimizing hallucinations.

Guardforce AI Co., (NASDAQ: GFAI) reported positive financial results for the first half of 2024. Gross profit increased by 50% compared to H1 2023, with gross profit margin rising to 18.4%. The company achieved an adjusted net income of $0.1 million, a significant improvement from the $1.8 million loss in H1 2023. Operating loss decreased by 82.5% to $2.1 million.

Key business highlights include expanding services to over 25,000 retail stores, securing long-term contracts, and developing GFAI Agents as the core technology for AI Purchase and AI Travel Solutions. The company also diversified its Robot-as-a-Service (RaaS) offerings, launching new products like LinguaBot and RoboTravel Agent.

Despite a slight 2.4% decrease in net revenue due to currency exchange rates, Guardforce AI's secured logistics business grew by 5.2%. The company ended H1 2024 with $15.5 million in cash and cash equivalents.

Guardforce AI Co., (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event will take place from September 9th to 11th, 2024, at the Lotte New York Palace Hotel in New York City.

Lei (Olivia) Wang, Chairwoman and CEO of Guardforce AI, is scheduled to present on Tuesday, September 10th at 3:00 p.m. Eastern Time. The presentation will be webcast live and available for viewing on the company's website. Additionally, management will be conducting one-on-one meetings with investors throughout the conference.

Guardforce AI Co., (NASDAQ: GFAI) has announced the expansion of its AIoT Robot Advertising business into the U.S. market, starting with over 200 robots in New York. The company is also preparing to launch a decentralized spatial computing solution in late August. These initiatives are expected to generate new revenue streams across all operating areas.

Key points:

• Robots are strategically placed in high-traffic areas for maximum advertising impact
• Connected to the Intelligent Cloud Platform for real-time campaign data
• Decentralized spatial computing solution will utilize unused robot computing power
• Additional revenue to be earned based on completed tasks and online time

CEO Lei Wang expressed excitement about the U.S. expansion and the potential of decentralized spatial computing in the growing AI and robotics market.

Guardforce AI Co., (NASDAQ: GFAI) has expanded contracts with two major retail customers through its subsidiary, Beijing Wanjia Security System The company now serves nearly 20,000 retail stores across Asia Pacific. Key highlights include:

1. Expanded security alarm system services to 3,900 stores for a health and beauty brand, increasing total operations to over 12,000 stores in Mainland China.

2. Extended security services and agreed to install systems in 1,000 stores over two years for an international coffeehouse chain.

3. Introduced smart retail solutions using AI and data analysis to improve loss prevention efficiency.

4. Manages over 120,000 video security channels in China and serves 7,000 retail stores in Thailand.