← Back to Screener
US Stock Screener
HomeScreensNewsWatchlist
...

Guardforce AI Co., Limited (GFAI) 10-Year Financial Performance & Capital Metrics

GFAI • • Industrial / General
IndustrialsSecurity ServicesSpecialized Security ServicesCash Management & Transport
AboutGuardforce AI Co., Limited offers cash solutions and cash handling services in Thailand. The company's services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services. Its customers include local commercial banks, chain retailers, coin manufacturing mints, and government authorities. The company was incorporated in 2018 and is based in Singapore.Show more
  • Revenue $36M +0.2%
  • EBITDA -$3M +86.1%
  • Net Income -$6M +80.2%
  • EPS (Diluted) -0.53 +88.3%
  • Gross Margin 17.22% +309.6%
  • EBITDA Margin -9.23% +86.1%
  • Operating Margin -18.49% +77.1%
  • Net Margin -16.13% +80.2%
  • ROE -20.52% +84.6%
  • ROIC -41.64% +50.5%
  • Debt/Equity 0.08 -69.1%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Shares diluted 70.9% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-
5Y-1.18%
3Y1.59%
TTM4%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM34.31%

EPS CAGR

10Y-
5Y-
3Y-
TTM91.62%

ROCE

10Y Avg-18.91%
5Y Avg-35.74%
3Y Avg-50.98%
Latest-19.14%

Peer Comparison

Cash Management & Transport
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BCOThe Brink's Company5.18B124.8034.382.82%3.31%42.9%3.92%13.61
GFAIGuardforce AI Co., Limited13.09M0.60-1.130.18%-32.94%-69.69%0.08

Profit & Loss

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+34.48M37.34M38.57M37.65M34.67M33.97M36.28M36.35M
Revenue Growth %-0.08%0.03%-0.02%-0.08%-0.02%0.07%0%
Cost of Goods Sold+29.73M31.65M34.08M31.54M32.35M33.24M34.76M30.09M
COGS % of Revenue0.86%0.85%0.88%0.84%0.93%0.98%0.96%0.83%
Gross Profit+4.74M5.69M4.49M6.11M2.81M1.23M1.53M6.26M
Gross Margin %0.14%0.15%0.12%0.16%0.08%0.04%0.04%0.17%
Gross Profit Growth %-0.2%-0.21%0.36%-0.54%-0.56%0.24%3.1%
Operating Expenses+3.15M4.49M4.6M8.4M6.51M13.19M30.83M12.98M
OpEx % of Revenue0.09%0.12%0.12%0.22%0.19%0.39%0.85%0.36%
Selling, General & Admin3.15M4.49M4.39M6.3M7.1M14.7M20.38M11.04M
SG&A % of Revenue0.09%0.12%0.11%0.17%0.2%0.43%0.56%0.3%
Research & Development0000099.95K169.51K591.23K
R&D % of Revenue-----0%0%0.02%
Other Operating Expenses00212.83K2.1M-594.39K-1.61M10.28M1.35M
Operating Income+1.59M1.21M-110.98K-2.12M-3.7M-16.83M-29.3M-6.72M
Operating Margin %0.05%0.03%-0%-0.06%-0.11%-0.5%-0.81%-0.18%
Operating Income Growth %--0.24%-1.09%-18.13%-0.74%-3.54%-0.74%0.77%
EBITDA+3.88M3.69M5.18M2.91M1.33M-10.84M-24.06M-3.35M
EBITDA Margin %0.11%0.1%0.13%0.08%0.04%-0.32%-0.66%-0.09%
EBITDA Growth %--0.05%0.4%-0.44%-0.54%-9.16%-1.22%0.86%
D&A (Non-Cash Add-back)2.29M2.49M5.29M5.03M5.03M5.98M5.24M3.37M
EBIT1.59M942.21K1.04M-2M-5.24M-17.33M-28.54M-6.5M
Net Interest Income+0-6.63K-886.47K-898.75K-984.84K-1.14M-653.37K337.6K
Interest Income621.97K763.61K00000337.6K
Interest Expense621.97K770.23K886.47K898.75K984.84K1.14M653.37K0
Other Income/Expense-109.8K-1.03M259.53K-776.87K-2.56M-1.65M113.58K712.61K
Pretax Income+1.49M171.99K148.55K-2.9M-6.26M-18.53M-29.19M-6.01M
Pretax Margin %0.04%0%0%-0.08%-0.18%-0.55%-0.8%-0.17%
Income Tax+205.36K95.15K88.47K242.84K-732.87K132.21K434.32K-125.92K
Effective Tax Rate %0.85%0.43%0.36%1.08%0.88%1%1.01%0.98%
Net Income+1.27M73.72K54.03K-3.13M-5.48M-18.56M-29.57M-5.86M
Net Margin %0.04%0%0%-0.08%-0.16%-0.55%-0.82%-0.16%
Net Income Growth %--0.94%-0.27%-58.85%-0.75%-2.39%-0.59%0.8%
Net Income (Continuing)1.28M76.83K60.08K-3.14M-5.53M-18.6M-29.62M-5.88M
Discontinued Operations000039.7K-62.43K34.14K38.72K
Minority Interest56.74K59.85K65.89K49.66K39.94K-61.33K-79.05K-60.56K
EPS (Diluted)+2.930.170.12-21.78-12.50-14.97-4.53-0.53
EPS Growth %--0.94%-0.29%-182.5%0.43%-0.2%0.7%0.88%
EPS (Basic)2.930.170.12-21.78-12.50-14.97-4.53-0.53
Diluted Shares Outstanding433.91K433.91K433.91K143.53K438.43K1.24M6.53M11.16M
Basic Shares Outstanding433.91K433.91K433.91K143.53K438.43K1.24M6.53M11.16M
Dividend Payout Ratio--------

Balance Sheet

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+10.92M12.08M13.4M17.03M21.92M35.04M31.12M30.85M
Cash & Short-Term Investments3.42M4.44M6.08M8.41M12.73M6.93M20.24M21.94M
Cash Only3.42M4.44M6.08M8.41M14.33M6.93M20.24M21.94M
Short-Term Investments00000000
Accounts Receivable5.8M5.91M5.95M6.67M5.09M20.96M8.82M6.62M
Days Sales Outstanding61.3857.7956.2964.6453.6225.2388.7166.44
Inventory000495.08K1.39M5.11M506.4K387.99K
Days Inventory Outstanding---5.7315.6656.065.324.71
Other Current Assets842.34K628.31K177.86K153.51K1.7M180.34K463.9K42.23K
Total Non-Current Assets+16.66M18.84M26.35M19.33M20.14M26.3M14.69M13.85M
Property, Plant & Equipment9.47M10.18M15.3M12.07M12.26M12.24M6.73M5.45M
Fixed Asset Turnover3.64x3.67x2.52x3.12x2.83x2.78x5.39x6.67x
Goodwill0000329.53K2.68M411.86K411.86K
Intangible Assets166.75K229.34K253.45K223.41K493.85K8.47M2.84M2.3M
Long-Term Investments864.64K1.37M1.97M1.77M1.58M1.35M2.02M1.48M
Other Non-Current Assets4.8M5.71M7.4M3.9M3.59M-78.27K1.61M2.92M
Total Assets+27.58M30.92M39.75M36.36M42.06M61.34M45.81M44.69M
Asset Turnover1.25x1.21x0.97x1.04x0.82x0.55x0.79x0.81x
Asset Growth %-0.12%0.29%-0.09%0.16%0.46%-0.25%-0.02%
Total Current Liabilities+17.67M21.23M26.64M8.08M22.5M19.21M14.01M6.26M
Accounts Payable1.56M1.44M1.4M1.37M675.23K2.06M2.11M2M
Days Payables Outstanding19.1116.631515.817.6222.6322.1924.31
Short-Term Debt13.05M15.71M19.28M739.82K16.18M8.19M3.57M44.23K
Deferred Revenue (Current)000072.1K568.66K256.81K117.82K
Other Current Liabilities468.84K801.45K963.66K0448.27K4.9M960.88K0
Current Ratio0.62x0.57x0.50x2.11x0.97x1.82x2.22x4.92x
Quick Ratio0.62x0.57x0.50x2.05x0.91x1.56x2.19x4.86x
Cash Conversion Cycle---54.5661.64258.6671.8346.83
Total Non-Current Liabilities+7.87M8.47M11.74M30.05M12.99M22.82M6.66M6.44M
Long-Term Debt661.96K465.38K199.45K20.08M6.19M15.36M44.41K0
Capital Lease Obligations1.72M2.01M4.68M3.13M666.46K2.57M1.67M889.92K
Deferred Tax Liabilities262.68K377.07K414.31K0256.52K125.7K65.36K0
Other Non-Current Liabilities5.23M5.62M06.84M5.87M4.89M4.94M5.55M
Total Liabilities25.54M29.7M38.38M38.47M35.48M42.16M20.66M12.7M
Total Debt+16.78M18.19M27.86M26.79M26.02M28.41M6.64M2.61M
Net Debt13.35M13.74M21.78M18.38M9.95M21.48M-13.6M-19.33M
Debt / Equity8.22x14.88x20.24x-3.96x1.48x0.26x0.08x
Debt / EBITDA4.32x4.93x5.38x9.20x19.58x---
Net Debt / EBITDA3.44x3.72x4.21x6.31x7.49x---
Interest Coverage2.56x1.57x-0.13x-2.36x-3.76x-14.74x-44.85x-
Total Equity+2.04M1.22M1.38M-2.11M6.57M19.18M25.15M31.99M
Equity Growth %--0.4%0.13%-2.53%4.12%1.92%0.31%0.27%
Book Value per Share4.702.823.17-14.7015.0015.473.852.87
Total Shareholders' Equity1.98M1.16M1.31M-2.16M6.49M19.24M25.23M32.05M
Common Stock50K50K50K52.07K63.6K194.31K1.18M2.14M
Retained Earnings-1.72M-1.65M-1.6M-4.72M-10.2M-28.77M-58.34M-64.2M
Treasury Stock000000-201.04K0
Accumulated OCI298.22K402.76K497.08K427.75K1.3M1.59M1.21M814.48K
Minority Interest56.74K59.85K65.89K49.66K39.94K-61.33K-79.05K-60.56K

Cash Flow

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+3.15M5.44M4.73M4.91M979.16K-17.37M-1.19M-3.33M
Operating CF Margin %0.09%0.15%0.12%0.13%0.03%-0.51%-0.03%-0.09%
Operating CF Growth %-0.73%-0.13%0.04%-0.8%-18.73%0.93%-1.79%
Net Income1.27M73.72K285.97K-3.13M-5.48M-18.56M-29.61M-5.84M
Depreciation & Amortization2.29M2.49M5.29M5.03M5.03M5.98M5.24M3.37M
Stock-Based Compensation000100.94K0252.09K1.1M1.85M
Deferred Taxes173.06K119.95K55.55K-30.14K-732.87K121.17K434.31K-125.92K
Other Non-Cash Items5.8M4.31M-26.01K2.35M1.09M8.62M21.56M-618.95K
Working Capital Changes-834.34K1.58M-873.11K574.99K1.07M-13.78M74.99K-1.95M
Change in Receivables-704.82K-106.72K854.35K16.32K325.69K-15.04M-312.35K-347.57K
Change in Inventory000-484.75K-967.99K-2.88M757.52K220.97K
Change in Payables-262.81K1.94M-827.78K-561.77K-437.09K-18.77K622.82K-937.17K
Cash from Investing+-1.73M-2.22M-451.51K-1.43M-5.22M-9.41M-2.13M200.39K
Capital Expenditures-1.76M-1.95M-480.68K-1.43M-5.25M-7.64M-2.11M-244.58K
CapEx % of Revenue0.05%0.05%0.01%0.04%0.15%0.23%0.06%0.01%
Acquisitions--------
Investments--------
Other Investing-68.61K-293.4K0000-18.48K444.97K
Cash from Financing+-4.34M-2.31M-1.47M-1.13M10.65M20.94M17.12M4.71M
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing000004.51M457.03K0
Net Change in Cash--------
Free Cash Flow+1.38M3.49M4.25M3.23M-5.2M-26.84M-3.32M-3.63M
FCF Margin %0.04%0.09%0.11%0.09%-0.15%-0.79%-0.09%-0.1%
FCF Growth %-1.52%0.22%-0.24%-2.61%-4.16%0.88%-0.09%
FCF per Share3.198.049.8022.49-11.85-21.64-0.51-0.33
FCF Conversion (FCF/Net Income)2.48x73.73x87.58x-1.57x-0.18x0.94x0.04x0.57x
Interest Paid00000000
Taxes Paid00000000

Key Ratios

Metric20172018201920202021202220232024
Return on Equity (ROE)62.21%4.52%4.16%--245.55%-144.15%-133.4%-20.52%
Return on Invested Capital (ROIC)7.77%5.96%-0.44%-8.07%-16.09%-42.83%-84.17%-41.64%
Gross Margin13.76%15.25%11.64%16.22%8.09%3.63%4.2%17.22%
Net Margin3.68%0.2%0.14%-8.3%-15.81%-54.66%-81.51%-16.13%
Debt / Equity8.22x14.88x20.24x-3.96x1.48x0.26x0.08x
Interest Coverage2.56x1.57x-0.13x-2.36x-3.76x-14.74x-44.85x-
FCF Conversion2.48x73.73x87.58x-1.57x-0.18x0.94x0.04x0.57x
Revenue Growth-8.32%3.28%-2.39%-7.92%-2.03%6.82%0.18%

Frequently Asked Questions

Growth & Financials

Guardforce AI Co., Limited (GFAI) reported $72.4M in revenue for fiscal year 2024. This represents a 110% increase from $34.5M in 2017.

Guardforce AI Co., Limited (GFAI) grew revenue by 0.2% over the past year. Growth has been modest.

Guardforce AI Co., Limited (GFAI) reported a net loss of $23.9M for fiscal year 2024.

Dividend & Returns

Guardforce AI Co., Limited (GFAI) has a return on equity (ROE) of -20.5%. Negative ROE indicates the company is unprofitable.

Guardforce AI Co., Limited (GFAI) had negative free cash flow of $6.4M in fiscal year 2024, likely due to heavy capital investments.

VCP Scanner

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screens
  • Valuation
  • Compare
  • Total Return
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Twitter
  • Get Early Access
© 2026 VCP Scanner. All rights reserved.
Made with ❤️ for investors
Not financial advice. Do your own research.