Guardforce AI Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Revenue	36.35	36.28	33.97	34.67	37.65	Upgrade
Revenue Growth (YoY)	0.18%	6.82%	-2.03%	-7.92%	-2.39%	Upgrade
Cost of Revenue	30.09	34.69	31.14	31.13	31.37	Upgrade
Gross Profit	6.26	1.59	2.83	3.54	6.27	Upgrade
Selling, General & Admin	10.1	12.74	14.44	7.1	6.67	Upgrade
Research & Development	0.59	0.17	0.1	-	-	Upgrade
Operating Expenses	12.76	20.55	14.8	7.1	6.67	Upgrade
Operating Income	-6.5	-18.96	-11.97	-3.56	-0.4	Upgrade
Interest Expense	-0.2	-0.53	-0.91	-0.98	-0.42	Upgrade
Currency Exchange Gain (Loss)	0.01	0.31	-0.59	-1.82	0.07	Upgrade
Other Non Operating Income (Expenses)	0.88	-0.14	-0.57	0.11	-2.15	Upgrade
EBT Excluding Unusual Items	-5.81	-19.32	-14.04	-6.26	-2.9	Upgrade
Impairment of Goodwill	-0.03	-2.27	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.02	-0.21	-0.02	-0	0	Upgrade
Asset Writedown	-0.19	-7.4	-4.41	-	-	Upgrade
Pretax Income	-6.01	-29.19	-18.47	-6.26	-2.9	Upgrade
Income Tax Expense	-0.13	0.43	0.13	-0.73	0.24	Upgrade
Earnings From Continuing Operations	-5.88	-29.62	-18.6	-5.53	-3.14	Upgrade
Earnings From Discontinued Operations	0.04	0.03	-0.06	0.04	-	Upgrade
Net Income to Company	-5.84	-29.59	-18.67	-5.49	-3.14	Upgrade
Minority Interest in Earnings	-0.02	0.02	0.1	0.01	0.02	Upgrade
Net Income	-5.86	-29.57	-18.56	-5.48	-3.13	Upgrade
Net Income to Common	-5.86	-29.57	-18.56	-5.48	-3.13	Upgrade
Shares Outstanding (Basic)	11	7	1	0	0	Upgrade
Shares Outstanding (Diluted)	11	7	1	0	0	Upgrade
Shares Change (YoY)	70.87%	426.83%	169.11%	7.05%	3.29%	Upgrade
EPS (Basic)	-0.53	-4.53	-14.97	-11.90	-7.26	Upgrade
EPS (Diluted)	-0.53	-4.53	-14.97	-11.90	-7.26	Upgrade
Free Cash Flow	-3.57	-3.71	-21.77	-4.26	3.5	Upgrade
Free Cash Flow Per Share	-0.32	-0.57	-17.56	-9.24	8.14	Upgrade
Gross Margin	17.22%	4.39%	8.32%	10.22%	16.67%	Upgrade
Operating Margin	-17.88%	-52.25%	-35.24%	-10.28%	-1.06%	Upgrade
Profit Margin	-16.13%	-81.51%	-54.66%	-15.81%	-8.30%	Upgrade
Free Cash Flow Margin	-9.82%	-10.22%	-64.09%	-12.28%	9.30%	Upgrade
EBITDA	-5.29	-16.34	-5.99	-0.81	2.07	Upgrade
EBITDA Margin	-14.56%	-45.05%	-17.63%	-2.33%	5.51%	Upgrade
D&A For EBITDA	1.21	2.61	5.98	2.75	2.47	Upgrade
EBIT	-6.5	-18.96	-11.97	-3.56	-0.4	Upgrade
EBIT Margin	-17.88%	-52.25%	-35.24%	-10.27%	-1.06%	Upgrade

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q