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0.0862619808306709 0.105431309904153 0.0543130990415335 0.0415335463258786 0.0415335463258786 -0.0351757188498403 -0.0191693290734824 -0.0165175718849841
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Guardforce AI Reports Record Revenue of $36.3 Million for 2023

Guardforce AI Co., Limited (GFAI) 
Company Research Source: GlobeNewswire
Gross profit increased 43% over the prior year Reports significant advancement in robotic service and AI capabilities expected to enhance market leadership and propel growth NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced financial results and provided a business update for the year ended December 31, 2023. Lei (Olivia) Wang, Chairwoman and Chief Executive Officer of Guardforce AI, stated, "2023 was another transformative year for our Company and I am pleased to report that we achieved record annual revenue of $36.3 million for the year ended December 31, 2023. Also, as a result of this increased revenue, combined with cost-cutting and efficiency measures, our gross profit increased 43% over the year ended December 31, 2022. We attained solid results and enhanced margins, even as the impact of the Covid-19 pandemic le Show less Read more
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