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Side-by-side financial comparison of Guardforce AI Co., Ltd. (GFAI) and RBB Bancorp (RBB). Click either name above to swap in a different company.

RBB Bancorp is the larger business by last-quarter revenue ($32.3M vs $18.0M, roughly 1.8× Guardforce AI Co., Ltd.). RBB Bancorp runs the higher net margin — 31.5% vs -76.9%, a 108.4% gap on every dollar of revenue. On growth, RBB Bancorp posted the faster year-over-year revenue change (12.6% vs 6.3%).

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.

RBB Bancorp is a US-based financial holding company that operates Royal Business Bank as its primary banking subsidiary. It caters mainly to Asian American communities, small and medium-sized enterprises, real estate investors, and retail clients, offering comprehensive commercial banking, consumer lending, deposit services, and wealth management solutions across branches in key US coastal metropolitan areas.

GFAI vs RBB — Head-to-Head

Bigger by revenue
RBB
RBB
1.8× larger
RBB
$32.3M
$18.0M
GFAI
Growing faster (revenue YoY)
RBB
RBB
+6.3% gap
RBB
12.6%
6.3%
GFAI
Higher net margin
RBB
RBB
108.4% more per $
RBB
31.5%
-76.9%
GFAI

Income Statement — Q2 FY2023 vs Q4 FY2025

Metric
GFAI
GFAI
RBB
RBB
Revenue
$18.0M
$32.3M
Net Profit
$-13.8M
$10.2M
Gross Margin
12.0%
Operating Margin
-66.1%
39.5%
Net Margin
-76.9%
31.5%
Revenue YoY
6.3%
12.6%
Net Profit YoY
-118.5%
132.1%
EPS (diluted)
$-4.35
$0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GFAI
GFAI
RBB
RBB
Q4 25
$32.3M
Q3 25
$32.6M
Q2 25
$35.8M
Q1 25
$28.5M
Q4 24
$28.7M
Q3 24
$30.3M
Q2 24
$27.5M
Q1 24
$28.2M
Net Profit
GFAI
GFAI
RBB
RBB
Q4 25
$10.2M
Q3 25
$10.1M
Q2 25
$9.3M
Q1 25
$2.3M
Q4 24
$4.4M
Q3 24
$7.0M
Q2 24
$7.2M
Q1 24
$8.0M
Operating Margin
GFAI
GFAI
RBB
RBB
Q4 25
39.5%
Q3 25
40.7%
Q2 25
36.1%
Q1 25
11.2%
Q4 24
17.6%
Q3 24
31.6%
Q2 24
35.6%
Q1 24
39.9%
Net Margin
GFAI
GFAI
RBB
RBB
Q4 25
31.5%
Q3 25
31.2%
Q2 25
26.1%
Q1 25
8.0%
Q4 24
15.3%
Q3 24
23.1%
Q2 24
26.4%
Q1 24
28.4%
EPS (diluted)
GFAI
GFAI
RBB
RBB
Q4 25
$0.59
Q3 25
$0.59
Q2 25
$0.52
Q1 25
$0.13
Q4 24
$0.26
Q3 24
$0.39
Q2 24
$0.39
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GFAI
GFAI
RBB
RBB
Cash + ST InvestmentsLiquidity on hand
$24.7M
$212.3M
Total DebtLower is stronger
$119.9M
Stockholders' EquityBook value
$25.0M
$523.4M
Total Assets
$64.1M
$4.2B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFAI
GFAI
RBB
RBB
Q4 25
$212.3M
Q3 25
$234.9M
Q2 25
$191.9M
Q1 25
$238.8M
Q4 24
$257.7M
Q3 24
$349.4M
Q2 24
$252.8M
Q1 24
Total Debt
GFAI
GFAI
RBB
RBB
Q4 25
$119.9M
Q3 25
$119.8M
Q2 25
$119.7M
Q1 25
$119.6M
Q4 24
$119.5M
Q3 24
$119.4M
Q2 24
$119.3M
Q1 24
$119.2M
Stockholders' Equity
GFAI
GFAI
RBB
RBB
Q4 25
$523.4M
Q3 25
$514.3M
Q2 25
$517.7M
Q1 25
$510.3M
Q4 24
$507.9M
Q3 24
$509.7M
Q2 24
$511.3M
Q1 24
$514.0M
Total Assets
GFAI
GFAI
RBB
RBB
Q4 25
$4.2B
Q3 25
$4.2B
Q2 25
$4.1B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$3.9B
Q1 24
$3.9B
Debt / Equity
GFAI
GFAI
RBB
RBB
Q4 25
0.23×
Q3 25
0.23×
Q2 25
0.23×
Q1 25
0.23×
Q4 24
0.24×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GFAI
GFAI
RBB
RBB
Operating Cash FlowLast quarter
$-1.0M
$43.4M
Free Cash FlowOCF − Capex
$42.6M
FCF MarginFCF / Revenue
131.8%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$73.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFAI
GFAI
RBB
RBB
Q4 25
$43.4M
Q3 25
$2.1M
Q2 25
$21.7M
Q1 25
$7.8M
Q4 24
$58.5M
Q3 24
$24.5M
Q2 24
$11.7M
Q1 24
$4.8M
Free Cash Flow
GFAI
GFAI
RBB
RBB
Q4 25
$42.6M
Q3 25
$1.8M
Q2 25
$21.6M
Q1 25
$7.6M
Q4 24
$57.7M
Q3 24
$24.2M
Q2 24
$11.5M
Q1 24
$4.7M
FCF Margin
GFAI
GFAI
RBB
RBB
Q4 25
131.8%
Q3 25
5.4%
Q2 25
60.2%
Q1 25
26.7%
Q4 24
201.0%
Q3 24
80.0%
Q2 24
42.0%
Q1 24
16.6%
Capex Intensity
GFAI
GFAI
RBB
RBB
Q4 25
2.5%
Q3 25
1.1%
Q2 25
0.3%
Q1 25
0.6%
Q4 24
2.7%
Q3 24
0.8%
Q2 24
0.5%
Q1 24
0.5%
Cash Conversion
GFAI
GFAI
RBB
RBB
Q4 25
4.26×
Q3 25
0.21×
Q2 25
2.32×
Q1 25
3.39×
Q4 24
13.34×
Q3 24
3.50×
Q2 24
1.61×
Q1 24
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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