vs

Side-by-side financial comparison of Guardforce AI Co., Ltd. (GFAI) and Verastem, Inc. (VSTM). 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 $11.2M, roughly 1.6× Verastem, Inc.). Guardforce AI Co., Ltd. runs the higher net margin — -76.9% vs -876.3%, a 799.4% gap on every dollar of revenue.

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.

Verastem, Inc., doing business as Verastem Oncology, is an American pharmaceutical company that develops medicines to treat certain cancers. Headquartered and founded in Boston, Massachusetts, the firm is a member of NASDAQ Biotechnology Index.

GFAI vs VSTM — Head-to-Head

Bigger by revenue
GFAI
GFAI
1.6× larger
GFAI
$18.0M
$11.2M
VSTM
Higher net margin
GFAI
GFAI
799.4% more per $
GFAI
-76.9%
-876.3%
VSTM

Income Statement — Q2 FY2023 vs Q3 FY2025

Metric
GFAI
GFAI
VSTM
VSTM
Revenue
$18.0M
$11.2M
Net Profit
$-13.8M
$-98.5M
Gross Margin
12.0%
Operating Margin
-66.1%
-362.2%
Net Margin
-76.9%
-876.3%
Revenue YoY
6.3%
Net Profit YoY
-118.5%
-311.1%
EPS (diluted)
$-4.35
$-1.35

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
VSTM
VSTM
Q3 25
$11.2M
Q2 25
$2.1M
Q3 24
$0
Q2 24
$10.0M
Q2 23
$18.0M
Q2 22
$16.9M
Net Profit
GFAI
GFAI
VSTM
VSTM
Q3 25
$-98.5M
Q2 25
$-25.9M
Q3 24
$-24.0M
Q2 24
$-8.3M
Q2 23
$-13.8M
Q2 22
$-6.3M
Gross Margin
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
Q2 24
Q2 23
12.0%
Q2 22
11.5%
Operating Margin
GFAI
GFAI
VSTM
VSTM
Q3 25
-362.2%
Q2 25
-2047.9%
Q3 24
Q2 24
-182.8%
Q2 23
-66.1%
Q2 22
-32.8%
Net Margin
GFAI
GFAI
VSTM
VSTM
Q3 25
-876.3%
Q2 25
-1213.6%
Q3 24
Q2 24
-82.6%
Q2 23
-76.9%
Q2 22
-37.4%
EPS (diluted)
GFAI
GFAI
VSTM
VSTM
Q3 25
$-1.35
Q2 25
$-0.62
Q3 24
$-0.60
Q2 24
$-0.31
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
VSTM
VSTM
Cash + ST InvestmentsLiquidity on hand
$24.7M
$137.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$25.0M
$-15.5M
Total Assets
$64.1M
$176.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFAI
GFAI
VSTM
VSTM
Q3 25
$137.7M
Q2 25
$164.3M
Q3 24
$113.2M
Q2 24
$83.4M
Q2 23
$24.7M
Q2 22
$7.7M
Total Debt
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
$40.5M
Q2 24
$40.3M
Q2 23
Q2 22
Stockholders' Equity
GFAI
GFAI
VSTM
VSTM
Q3 25
$-15.5M
Q2 25
$36.1M
Q3 24
$11.1M
Q2 24
$18.9M
Q2 23
$25.0M
Q2 22
$29.4M
Total Assets
GFAI
GFAI
VSTM
VSTM
Q3 25
$176.9M
Q2 25
$196.3M
Q3 24
$126.4M
Q2 24
$105.7M
Q2 23
$64.1M
Q2 22
$68.8M
Debt / Equity
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
3.66×
Q2 24
2.14×
Q2 23
Q2 22

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
VSTM
VSTM
Operating Cash FlowLast quarter
$-1.0M
$-36.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFAI
GFAI
VSTM
VSTM
Q3 25
$-36.2M
Q2 25
$-32.7M
Q3 24
$-23.8M
Q2 24
$-27.6M
Q2 23
$-1.0M
Q2 22
$-13.8M
Free Cash Flow
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
Q2 24
$-27.6M
Q2 23
Q2 22
FCF Margin
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
Q2 24
-275.8%
Q2 23
Q2 22
Capex Intensity
GFAI
GFAI
VSTM
VSTM
Q3 25
Q2 25
Q3 24
Q2 24
0.1%
Q2 23
Q2 22

Financial Flow Comparison

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

Related Comparisons