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Guardforce AI Reports Significant Financial Improvements and AI Advancements in 2024

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Guardforce AI Reports Significant Financial Improvements and AI Advancements in 2024

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An announcement from Guardforce AI Co ( (GFAI) ) is now available.

On April 28, 2025, Guardforce AI Co., Limited announced its financial results for the fiscal year ending December 31, 2024. The company reported a slight revenue increase of 0.2% to $36.3 million, with a significant gross profit increase of 16.1% due to improved profit margins. The net loss was reduced by 80.1% to $5.9 million, and selling, distribution, and administrative expenses decreased by 20.7%. The company highlighted its strategic shift towards higher-margin offerings and AI innovation, with significant advancements in its Robotics-as-a-Service model and the launch of its AI-powered travel planning agent, DVGO. Guardforce AI aims to expand its AI solutions globally, leveraging its strong financial position with $23.4 million in cash and equivalents.

Spark’s Take on GFAI Stock

According to Spark, TipRanks’ AI Analyst, GFAI is a Underperform.

Guardforce AI Co’s overall stock score is significantly affected by its poor financial performance, marked by consistent losses and high leverage. Technical analysis provides mixed signals, with some indicators suggesting potential oversold conditions. Valuation metrics are unattractive due to negative earnings and no dividend yield. Improvement in operational efficiency and financial stability is crucial for a better outlook.

To see Spark’s full report on GFAI stock, click here.

More about Guardforce AI Co

Guardforce AI Co., Limited is a global integrated security provider specializing in secured logistics, Artificial Intelligence (AI), and Robot-as-a-Service (RaaS). The company focuses on improving business operational efficiency and sales processes, particularly in the retail and travel industries across the Asia Pacific region.

YTD Price Performance: -26.22%

Average Trading Volume: 567,607

Technical Sentiment Signal: Buy

Current Market Cap: $20.63M

For detailed information about GFAI stock, go to TipRanks’ Stock Analysis page.

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