Guardforce AI Co., Limited (GFAI)

NASDAQ: GFAI · Real-Time Price · USD
1.270
-0.020 (-1.55%)
Dec 3, 2024, 12:13 PM EST - Market open
-1.55%
Market Cap 13.00M
Revenue (ttm) 35.84M
Net Income (ttm) -17.60M
Shares Out 10.24M
EPS (ttm) -1.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 161,731
Open 1.290
Previous Close 1.290
Day's Range 1.260 - 1.290
52-Week Range 1.000 - 4.300
Beta 2.78
Analysts Strong Buy
Price Target 6.75 (+431.5%)
Earnings Date Dec 13, 2024

About GFAI

Guardforce AI Co., Limited offers cash solutions and cash handling services in Singapore, Hong Kong, Macau, Malaysia, Thailand, and internationally. It operates through Secured Logistics, Robotics Al Solution, and General Security Solutions segments. The company offers cash-in-transit non dedicated vehicle; cash-in transit dedicated vehicle; ATM management; cash processing; cash center operations; consolidate cash center operations; cheque center; coin processing; and cash deposit machine solutions, including cash deposit management and express... [Read more]

Sector Industrials
Founded 2018
Employees 1,727
Stock Exchange NASDAQ
Ticker Symbol GFAI
Full Company Profile

Financial Performance

In 2023, Guardforce AI's revenue was $36.28 million, an increase of 6.82% compared to the previous year's $33.97 million. Losses were -$29.57 million, 59.3% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GFAI stock is "Strong Buy." The 12-month stock price forecast is $6.75, which is an increase of 431.50% from the latest price.

Price Target
$6.75
(431.50% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Guardforce AI Reports Positive Adjusted Net Income for the First Half of 2024

Gross profit increased 50% in H1 2024 compared to H1 2023 Establishing a strong AI technology foundation for solution development in travel and retail NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Guar...

2 months ago - GlobeNewsWire

Guardforce AI Expands AIoT Robot Advertising to U.S. Market and Prepares to Launch Decentralized Spatial Computing Solution in Late August

NEW YORK, NY, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, ...

3 months ago - GlobeNewsWire

Guardforce AI Expands Contracts with Two Major Retail Customers

Increases business footprint to nearly 20,000 retail stores across Asia Pacific New services include smart retail solutions to enhance store efficiency New York, NY, July 17, 2024 (GLOBE NEWSWIRE) -- ...

4 months ago - GlobeNewsWire

Guardforce AI Secures 5-Year Contract to Operate Consolidated Cash Center in Thailand, Enhancing Comprehensive Service Capabilities Along with AI Solutions for Retail Clients

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, ...

5 months ago - GlobeNewsWire

Guardforce AI Reports Record Revenue of $36.3 Million for 2023

Gross profit increased 43% over the prior year Reports significant advancement in robotic service and AI capabilities  expected to enhance market leadership and propel growth NEW YORK, April 29, 2024 ...

7 months ago - GlobeNewsWire

Guardforce to Present at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024

NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ:GFAI)(NASDAQ:GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provide...

8 months ago - Accesswire

It will be 'something of a surprise' if incumbent companies emerge as winners in AI: ARK Invest

Brett Winton, ARK Invest Chief Futurist, expects a new platform to emerge as the world enters a "new operating system era", adding that it will likely accrue most of the gains when it comes to AI.

Other symbols: AIBBAI
10 months ago - CNBC International TV

Guardforce AI Appoints Yuting Zuo as Chief Financial Officer

New York, NY, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, ...

11 months ago - GlobeNewsWire

Guardforce AI Reports Interim Financial Results for the First Half of 2023, and Provides Business Update

Announces agreement to convert $15.91 million of debt and accrued interest into ordinary shares at $5.40 per share; expected to significantly enhance the balance sheet Announces agreement to convert $...

1 year ago - GlobeNewsWire

Guardforce AI Secures Two-Year Contract for its End-to-End Cash Management Solution Including Guardforce Digital Machine in Thailand

NEW YORK, NY, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “ Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics...

1 year ago - GlobeNewsWire

Guardforce AI Partners with Concorde Security Pte Ltd to Launch a New Robotic Security Solution in Singapore

NEW YORK, July 20, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “ Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, Art...

1 year ago - GlobeNewsWire

Some lesser-known AI plays are gaining steam with investors

Investors wanting to play the hot trend of artificial intelligence are looking beyond the most obvious names, according to data from Stocktwits, a social platform for investors and traders.

1 year ago - Market Watch

Contemplating A Position In Guardforce AI? Here's What You Need To Know

Guardforce AI, an integrated security solutions provider, is looking to expand its AI and robotics offerings, but currently, it is a drop in the ocean. The company's largest revenue contributor, secur...

1 year ago - Seeking Alpha

Guardforce AI: Significant Expansion Into AI And Robotics Services

Guardforce AI, a Singapore-based security solutions provider, is expanding into AI and robotics services, which could potentially turn its operating losses into profits in the coming years. The compan...

1 year ago - Seeking Alpha

Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI an...

1 year ago - GlobeNewsWire

Guardforce AI and AITX: is it wise to buy these AI stocks?

AITX and Guardforce AI (NASDAQ: GFAI) stock prices have come under intense pressure despite the ongoing artificial intelligence hype. Guardforce AI shares plunged to a low of $4.63 on Wednesday, which...

1 year ago - Invezz

Guardforce AI Announces Pricing of $12.0 Million Underwritten Public Offering of Ordinary Shares

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI an...

1 year ago - GlobeNewsWire

Guardforce AI Announces Proposed Underwritten Public Offering

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI an...

1 year ago - GlobeNewsWire

Guardforce AI Announces Pricing of $8.0 Million Underwritten Public Offering of Ordinary Shares

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI an...

1 year ago - GlobeNewsWire

Guardforce AI Announces Proposed Underwritten Public Offering of Ordinary Shares

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI an...

1 year ago - GlobeNewsWire

CORRECTION: Guardforce AI Reports Revenue of $34.5 Million for 2022; Robotics AI Solutions Revenue Increases 245.1%

This release acts as a correction to the release posted on 04/21/2023 from Guardforce AI to certain figures in the financial statements including consolidated balance sheets and statements of cash flo...

1 year ago - GlobeNewsWire

Guardforce AI Reports Revenue of $34.5 Million for 2022; Robotics AI Solutions Revenue Increases 245.1%

NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ:GFAI, GFAIW), an integrated security provider specializing in secured logistics, Arti...

1 year ago - GlobeNewsWire

Guardforce AI Awarded Advertising Contract for its Innovative "AIoT" Robot Advertising Model in Macau

NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, AI a...

1 year ago - GlobeNewsWire

Guardforce AI Closes Previously Announced Asset Acquisition of Kewei's Robot Business

Acquisition Strengthens Robot-as-a-Service Capabilities and Intellectual Property; Expands Geographic Footprint for AI and Robotic Capabilities Acquisition Strengthens Robot-as-a-Service Capabilities ...

1 year ago - GlobeNewsWire

Guardforce AI Announces 1-for-40 Reverse Stock Split as Part of Nasdaq Compliance Plan

NEW YORK, NY, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, ...

1 year ago - GlobeNewsWire