Guardforce AI Co., Ltd.GFAIEarnings & Financial Report
Guardforce AI Co., Ltd. is a global provider of AI-integrated security solutions. Its core offerings include intelligent surveillance systems, AI-powered access control, autonomous security robots, and smart logistics monitoring services, serving enterprise, retail, financial and public sector clients across Asia, Europe and North America.
GFAI Q2 FY2023 Key Financial Metrics
Revenue
$18.0M
Gross Profit
$2.2M
Operating Profit
$-11.9M
Net Profit
$-13.8M
Gross Margin
12.0%
Operating Margin
-66.1%
Net Margin
-76.9%
YoY Growth
6.3%
EPS
$-4.35
Guardforce AI Co., Ltd. Q2 FY2023 Financial Summary
Guardforce AI Co., Ltd. reported revenue of $18.0M (up 6.3% YoY) for Q2 FY2023, with a net profit of $-13.8M (down 118.5% YoY) (-76.9% margin). Cost of goods sold was $15.8M, operating expenses totaled $14.1M.
Key Financial Metrics
| Total Revenue | $18.0M |
|---|---|
| Net Profit | $-13.8M |
| Gross Margin | 12.0% |
| Operating Margin | -66.1% |
| Report Period | Q2 FY2023 |
Guardforce AI Co., Ltd. Quarterly Revenue & Net Profit History
Guardforce AI Co., Ltd. results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2023 | $18.0M | +6.3% | $-13.8M | -76.9% |
| Q2 FY2022 | $16.9M | -7.9% | $-6.3M | -37.4% |
Income Statement
| Q2 2022 | Q2 2023 | |
|---|---|---|
| Revenue | $16.9M | $18.0M |
| YoY Growth | -7.9% | 6.3% |
Balance Sheet
| Q2 2022 | Q2 2023 | |
|---|---|---|
| Assets | $68.8M | $64.1M |
| Liabilities | $39.4M | $39.1M |
| Equity | $29.4M | $25.0M |
Cash Flow
| Q2 2022 | Q2 2023 | |
|---|---|---|
| Operating CF | $-13.8M | $-1.0M |