Financial Snapshot

Revenue
$88.33M
TTM
Gross Margin
15.12%
TTM
Net Earnings
-$49.98M
TTM
Current Assets
$22.72M
Q2 2024
Current Liabilities
$6.650M
Q2 2024
Current Ratio
341.62%
Q2 2024
Total Assets
$36.18M
Q2 2024
Total Liabilities
$12.50M
Q2 2024
Book Value
$23.69M
Q2 2024
Cash
P/E
-0.2622
Nov 29, 2024 EST
Free Cash Flow
-$12.89M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $36.28M $34.48M $35.15M $37.65M $38.57M $37.34M $34.48M
YoY Change 5.23% -1.92% -6.63% -2.39% 3.29% 8.32%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $36.28M $34.48M $35.15M $37.65M $38.57M $37.34M $34.48M
Cost Of Revenue $30.89M $30.25M $31.08M $31.37M $33.93M $31.50M $29.63M
Gross Profit $5.391M $4.231M $4.068M $6.275M $4.643M $5.842M $4.840M
Gross Profit Margin 14.86% 12.27% 11.57% 16.67% 12.04% 15.64% 14.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $25.03M $12.68M $5.577M $7.269M $4.754M $4.636M $3.246M
YoY Change 97.37% 127.4% -23.28% 52.92% 2.54% 42.83%
% of Gross Profit 464.27% 299.71% 137.08% 115.85% 102.39% 79.36% 67.06%
Research & Development $169.5K $99.95K
YoY Change 69.6%
% of Gross Profit 3.14% 2.36%
Depreciation & Amortization $5.243M $5.981M $5.033M $5.034M $5.290M $2.486M $2.288M
YoY Change -12.34% 18.85% -0.03% -4.84% 112.81% 8.64%
% of Gross Profit 97.25% 141.36% 123.7% 80.23% 113.95% 42.55% 47.27%
Operating Expenses $25.03M $99.95K $7.772M $8.397M $4.754M $4.636M $3.246M
YoY Change 24943.4% -98.71% -7.44% 76.65% 2.54% 42.83%
Operating Profit -$19.64M $4.131M -$3.704M -$2.123M -$111.0K $1.206M $1.594M
YoY Change -575.37% -211.54% 74.49% 1812.55% -109.2% -24.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$348.4K $89.47K -$2.806M -$829.8K $99.36K -$1.075M -$130.2K
YoY Change -489.35% -103.19% 238.15% -935.17% -109.24% 725.24%
% of Operating Profit 2.17% -89.12% -8.17%
Other Income/Expense, Net $461.9K $88.73K $285.2K $52.96K $160.2K $40.78K $20.92K
YoY Change 420.6% -68.89% 438.56% -66.94% 292.77% 94.93%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$29.19M -$18.53M -$6.225M -$2.899M $148.6K $172.0K $1.485M
YoY Change 57.49% 197.76% 114.68% -2051.81% -13.63% -88.42%
Income Tax $434.3K $132.2K -$732.9K $242.8K $88.47K $95.15K $205.4K
% Of Pretax Income 59.56% 55.32% 13.83%
Net Earnings -$29.57M -$18.67M -$5.482M -$3.126M $54.04K $73.72K $1.270M
YoY Change 58.42% 240.5% 75.36% -5884.64% -26.7% -94.19%
Net Earnings / Revenue -81.51% -54.14% -15.59% -8.3% 0.14% 0.2% 3.68%
Basic Earnings Per Share
Diluted Earnings Per Share -$4.53 -$14.97 -$312.6K -$181.5K $3.242K $4.423K $76.18K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $20.24M $6.931M $12.73M $8.414M $6.079M $4.432M $3.270M
YoY Change 191.97% -45.55% 51.28% 38.42% 37.14% 35.55%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $4.141M $15.96M $2.776M $1.823M $1.376M $1.272M $1.408M
YoY Change -74.05% 474.87% 52.24% 32.54% 8.15% -9.64%
Inventory $506.4K $5.106M $1.388M $495.1K
Prepaid Expenses
Receivables $5.631M $5.400M $4.940M $5.469M $5.565M $5.913M $5.798M
Other Receivables $607.2K $1.868M $126.0K $825.2K $383.5K $462.3K $445.4K
Total Short-Term Assets $31.12M $35.26M $21.96M $17.03M $13.40M $12.08M $10.92M
YoY Change -11.75% 60.59% 28.96% 27.04% 10.95% 10.61%
Property, Plant & Equipment $6.732M $12.24M $12.26M $12.07M $15.30M $10.18M $9.467M
YoY Change -44.99% -0.2% 1.55% -21.1% 50.39% 7.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.097M $3.259M $3.506M $3.115M $3.150M $2.303M $2.218M
YoY Change -4.98% -7.05% 12.54% -1.08% 36.75% 3.83%
Total Long-Term Assets $14.69M $25.90M $19.79M $18.95M $25.89M $18.42M $16.34M
YoY Change -43.27% 30.87% 4.47% -26.81% 40.57% 12.69%
Total Assets $45.81M $61.17M $41.75M $35.97M $39.29M $30.50M $27.26M
YoY Change
Accounts Payable $3.017M $2.061M $675.2K $1.400M $1.736M $2.240M $1.864M
YoY Change 46.39% 205.21% -51.77% -19.35% -22.51% 20.16%
Accrued Expenses $2.168M $2.017M $1.771M $1.076M $1.585M $1.540M $1.016M
YoY Change 7.49% 13.91% 64.53% -32.11% 2.91% 51.66%
Deferred Revenue
YoY Change
Short-Term Debt $3.104M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.789M $10.23M $17.42M $3.339M $22.98M $17.15M $14.40M
YoY Change -53.2% -41.27% 421.84% -85.47% 33.99% 19.1%
Total Short-Term Liabilities $14.01M $19.21M $22.50M $8.084M $26.64M $21.23M $17.67M
YoY Change -27.1% -14.59% 178.29% -69.66% 25.48% 20.18%
Long-Term Debt $1.719M $17.93M $6.858M $23.21M $4.883M $2.474M $2.379M
YoY Change -90.41% 161.42% -70.45% 375.27% 97.39% 4.01%
Other Long-Term Liabilities $4.936M $4.893M $5.873M $6.842M $6.440M $5.619M $5.229M
YoY Change 0.88% -16.69% -14.16% 6.24% 14.6% 7.46%
Total Long-Term Liabilities $6.655M $22.82M $12.73M $30.05M $11.32M $8.093M $7.608M
YoY Change -70.84% 79.26% -57.63% 165.39% 39.91% 6.38%
Total Liabilities $20.58M $41.97M $35.27M $38.18M $38.03M $29.38M $25.33M
YoY Change -50.96% 19.02% -7.64% 0.41% 29.42% 16.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $13.104 Million

About Guardforce AI Co., Ltd.

Guardforce AI Co., Ltd. engages in the provision of integrated security solutions. The company employs 1,727 full-time employees The company went IPO on 2020-09-08. The Company’s business segments include Secured logistics, Robotics AI solutions, and General security solutions. Secured logistics includes services, such as cash-in-transit, dedicated vehicles to banks, automated teller machine (ATM) management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Robotics AI solutions operate as a robots-as-a-service (RaaS) business model and purchase the robots from equipment manufacturers and integrates various value-added applications. The company has built its artificial intelligence and robotics service model with three sectors: smart devices (robot), platform services, and scenario solutions. General security solutions include provision of smart retail operation management, closed circuit television and security alarm operation, security engineering and maintenance.

Industry: Services-Detective, Guard & Armored Car Services Peers: