AmeriGuard Security Services Inc (OTC: AGSS) is a physical security company that provides guard services, patrol services, and remote camera monitoring to commercial and federal government clients. Revenue comes from service contracts priced on a per-hour or per-post basis, with federal contracts structured so that labor cost increases flow through directly to billing rates, while commercial contracts receive annual rate adjustments each February. The company operates two primary subsidiaries: AGS (AmeriGuard Security), the guard and patrol operation, and TUS (TransportUS), a transport services unit. AGS reported approximately $17 million in annual revenue as of the FY2024 10-K filing, placing it in the $15 million to $20 million revenue band of the U.S. security guard industry, which comprises over 11,000 companies and roughly 900,000 officers. The company is headquartered in Fresno, California, at 5470 W Spruce Ave, Suite 102. As of December 31, 2024, AGSS employed 318 total staff: 6 administrative, 240 at AGS (172 covered by collective bargaining agreements), and 72 at TUS.

Revenue model

Service contract revenue billed to commercial and federal government clients. Federal contracts pass labor cost increases through to billing rates directly. Commercial rates are adjusted annually each February. The company also generates other operational income as a secondary line.

Products and services

Standing guard services, mobile patrol services, remote camera monitoring via a 24-hour dispatch department, and alarm response (within 15-minute target). TUS provides transport services and operates a fleet that added 41 vans in FY2024 at a cost of $90,235 for vehicle graphics.

Customers and end markets

Commercial businesses and federal government agencies. Commercial customers face annual billing rate adjustments each February. As of FY2024, customer price sensitivity has increased due to broader cost pressures, pushing a shift from posted guards toward patrol and camera monitoring contracts.

Value-chain role

Direct service provider. Deploys uniformed officers, patrol vehicles, and remote monitoring technology to end customers. No disclosed intermediary or subcontractor-dominant model, though sub-contractor payments appear as a cost-of-services line in the income statement.

Geographic exposure

Operations centered in Fresno, California. The 10-K filing does not disclose revenue by region beyond U.S.-based operations.

Competitors

Allied Universal, Securitas, G4S, Prosegur Security

Source: SEC 10-K, filed 2025-05-12

Industry: Services-Detective, Guard & Armored Car Services