Guardforce AI (GFAI) Revenue & Revenue Breakdown
Guardforce AI Revenue Highlights
Latest Revenue (Y)
$36.28M
Latest Revenue (Q)
$17.87M
Guardforce AI Revenue by Period
Guardforce AI Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $36.28M | 5.23% |
| 2022-12-31 | $34.48M | -1.92% |
| 2021-12-31 | $35.15M | -6.63% |
| 2020-12-31 | $37.65M | -2.39% |
| 2019-12-31 | $38.57M | 3.29% |
| 2018-12-31 | $37.34M | 8.32% |
| 2017-12-31 | $34.48M | - |
Guardforce AI generated $36.28M in revenue during NA 2023, up 5.23% compared to the previous quarter, and up 97.15% compared to the same period a year ago.
Guardforce AI Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $17.87M | -2.97% |
| 2023-06-30 | $18.41M | 5.01% |
| 2022-12-31 | $17.54M | 3.50% |
| 2022-06-30 | $16.94M | 1.16% |
| 2021-12-31 | $16.75M | 90.57% |
| 2021-09-30 | $8.79M | -52.25% |
| 2021-06-30 | $18.41M | 109.43% |
| 2021-03-31 | $8.79M | -53.55% |
| 2020-12-31 | $18.92M | 101.02% |
| 2020-09-30 | $9.41M | -49.74% |
| 2020-06-30 | $18.73M | 98.98% |
| 2020-03-31 | $9.41M | -52.81% |
| 2019-12-31 | $19.95M | 106.84% |
| 2019-09-30 | $9.64M | -48.23% |
| 2019-06-30 | $18.63M | 93.16% |
| 2019-03-31 | $9.64M | -47.58% |
| 2018-12-31 | $18.39M | -2.93% |
| 2018-06-30 | $18.95M | - |
Guardforce AI generated $17.87M in revenue during Q4 2023, up -2.97% compared to the previous quarter, and up 203.31% compared to the same period a year ago.
Guardforce AI Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ADT | ADT | $4.98B | $1.21B |
| BCO | Brink's | $4.87B | $1.25B |
| ALLE | Allegion | $3.65B | $965.60M |
| MG | Mistras Group | $705.47M | $189.77M |
| BAER | Bridger Aerospace Group | $66.71M | $5.51M |
| BAERW | Bridger Aerospace Group | $66.71M | $5.51M |
| GFAI | Guardforce AI | $36.28M | $17.87M |
| SPCB | SuperCom | $26.57M | $6.85M |
| KSCP | Knightscope | $12.80M | $3.20M |
| LGMK | LogicMark | $9.93M | $2.61M |
| IVDA | Iveda Solutions | $6.50M | $1.53M |
GFAI Revenue FAQ
What is Guardforce AI’s yearly revenue?
Guardforce AI's yearly revenue for 2023 was $36.28M, representing an increase of 5.23% compared to 2022. The company's yearly revenue for 2022 was $34.48M, representing a decrease of -1.92% compared to 2021. GFAI's yearly revenue for 2021 was $35.15M, representing a decrease of -6.63% compared to 2020.
What is Guardforce AI’s quarterly revenue?
Guardforce AI's quarterly revenue for Q4 2023 was $17.87M, a -2.97% decrease from the previous quarter (Q2 2023), and a 6.68% increase year-over-year (Q4 2021). The company's quarterly revenue for Q2 2023 was $18.41M, a 5.01% increase from the previous quarter (Q4 2022), and a 109.52% increase year-over-year (Q3 2021). GFAI's quarterly revenue for Q4 2022 was $17.54M, a 3.50% increase from the previous quarter (Q2 2022), and a -4.72% decrease year-over-year (Q2 2021).
What is Guardforce AI’s revenue growth rate?
Guardforce AI's revenue growth rate for the last 3 years (2021-2023) was 3.21%, and for the last 5 years (2019-2023) was -5.94%.