Welcome to our dedicated page for Guardforce Ai Co news (Ticker: GFAIW), a resource for investors and traders seeking the latest updates and insights on Guardforce Ai Co stock.
Guardforce AI Co (GFAIW) delivers cutting-edge robotic security solutions and comprehensive cash logistics services across Asia Pacific. This news hub provides investors with essential updates spanning both technological innovations and financial operations.
Access official press releases covering new product launches, strategic partnerships, and operational milestones. Track developments in thermal imaging robotics, cash handling systems, and expansion into retail/hospitality sectors. Our curated updates ensure timely awareness of earnings reports, leadership changes, and service enhancements.
Key focus areas include AI-driven security robots for commercial environments, ATM management solutions in Thailand, and RaaS (Robot-as-a-Service) deployments. Content is vetted for relevance to shareholder interests and market positioning.
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Guardforce AI (NASDAQ: GFAI, GFAIW) announces the launch of 'LinguaBot,' an AI robotic solution developed in partnership with Thailand-based iApp Technology. LinguaBot aims to enhance chatbot services for concierge applications, integrating advanced generative AI tailored for the Thai language. Guardforce AI will unveil this and two more robotic solutions, 'Barism' and 'Wish Note,' at a product launch event on May 17, 2024, in Bangkok. Barism targets bars and pubs with digitized services, while Wish Note focuses on event planning. The collaboration highlights Guardforce AI’s commitment to localized, AI-driven solutions in the travel and retail sectors.
Guardforce AI Co., reported record revenue of $36.3 million for 2023, with a 43% increase in gross profit over the prior year. The company focused on expanding clientele, deepened partnerships, and diversified its Robot-as-a-Service (RaaS) offerings with AI solutions. Financially, revenue increased by 6.8%, gross profit margin improved to 14.9%, and adjusted net loss decreased by 61.5% year over year. However, the net loss was $29.6 million due to a business transition impacting inventory and assets.
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