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

Guardforce AI Co., Ltd. is the larger business by last-quarter revenue ($18.0M vs $11.0M, roughly 1.6× SOLAI Ltd). Guardforce AI Co., Ltd. runs the higher net margin — -76.9% vs -126.2%, a 49.3% gap on every dollar of revenue. On growth, Guardforce AI Co., Ltd. posted the faster year-over-year revenue change (6.3% vs -43.1%).

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 vs SLAI — Head-to-Head

Bigger by revenue
GFAI
GFAI
1.6× larger
GFAI
$18.0M
$11.0M
SLAI
Growing faster (revenue YoY)
GFAI
GFAI
+49.4% gap
GFAI
6.3%
-43.1%
SLAI
Higher net margin
GFAI
GFAI
49.3% more per $
GFAI
-76.9%
-126.2%
SLAI

Income Statement — Q2 FY2023 vs Q2 FY2025

Metric
GFAI
GFAI
SLAI
SLAI
Revenue
$18.0M
$11.0M
Net Profit
$-13.8M
$-13.9M
Gross Margin
12.0%
0.1%
Operating Margin
-66.1%
-126.2%
Net Margin
-76.9%
-126.2%
Revenue YoY
6.3%
-43.1%
Net Profit YoY
-118.5%
-173.4%
EPS (diluted)
$-4.35
$-0.01

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
SLAI
SLAI
Q2 25
$11.0M
Q2 24
$19.4M
Q2 23
$18.0M
Q2 22
$16.9M
Net Profit
GFAI
GFAI
SLAI
SLAI
Q2 25
$-13.9M
Q2 24
$18.9M
Q2 23
$-13.8M
Q2 22
$-6.3M
Gross Margin
GFAI
GFAI
SLAI
SLAI
Q2 25
0.1%
Q2 24
52.4%
Q2 23
12.0%
Q2 22
11.5%
Operating Margin
GFAI
GFAI
SLAI
SLAI
Q2 25
-126.2%
Q2 24
-2.6%
Q2 23
-66.1%
Q2 22
-32.8%
Net Margin
GFAI
GFAI
SLAI
SLAI
Q2 25
-126.2%
Q2 24
97.9%
Q2 23
-76.9%
Q2 22
-37.4%
EPS (diluted)
GFAI
GFAI
SLAI
SLAI
Q2 25
$-0.01
Q2 24
$0.02
Q2 23
$-4.35
Q2 22
$-7.16

Balance Sheet & Financial Strength

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

Metric
GFAI
GFAI
SLAI
SLAI
Cash + ST InvestmentsLiquidity on hand
$24.7M
$1.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$25.0M
$43.8M
Total Assets
$64.1M
$69.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFAI
GFAI
SLAI
SLAI
Q2 25
$1.2M
Q2 24
$2.3M
Q2 23
$24.7M
Q2 22
$7.7M
Stockholders' Equity
GFAI
GFAI
SLAI
SLAI
Q2 25
$43.8M
Q2 24
$45.9M
Q2 23
$25.0M
Q2 22
$29.4M
Total Assets
GFAI
GFAI
SLAI
SLAI
Q2 25
$69.1M
Q2 24
$63.3M
Q2 23
$64.1M
Q2 22
$68.8M

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
SLAI
SLAI
Operating Cash FlowLast quarter
$-1.0M
$-17.0M
Free Cash FlowOCF − Capex
$-17.0M
FCF MarginFCF / Revenue
-154.2%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFAI
GFAI
SLAI
SLAI
Q2 25
$-17.0M
Q2 24
$-12.1M
Q2 23
$-1.0M
Q2 22
$-13.8M
Free Cash Flow
GFAI
GFAI
SLAI
SLAI
Q2 25
$-17.0M
Q2 24
Q2 23
Q2 22
FCF Margin
GFAI
GFAI
SLAI
SLAI
Q2 25
-154.2%
Q2 24
Q2 23
Q2 22
Capex Intensity
GFAI
GFAI
SLAI
SLAI
Q2 25
0.0%
Q2 24
Q2 23
Q2 22
Cash Conversion
GFAI
GFAI
SLAI
SLAI
Q2 25
Q2 24
-0.64×
Q2 23
Q2 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

GFAI
GFAI

Segment breakdown not available.

SLAI
SLAI

Data center$6.5M59%
Cryptocurrency mining$4.6M41%

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