$Guardforce AI (GFAI.US)$ NEWS Guardforce AI Reports Record ...
NEWS
Guardforce AI Reports Record Revenue of $36.3 Million for 2023
Record revenue of $36.3 million for 2023.
Gross profit increased by 43% over the previous year.
Diversification of RaaS services and acceleration of AI integration.
Strengthened financial position with approximately $22.0 million in cash and cash equivalents.
Effective cost management leading to a 61.5% decrease in adjusted net loss.
Record revenue of $36.3 million for 2023.
Gross profit increased by 43% over the previous year.
Diversification of RaaS services and acceleration of AI integration.
Strengthened financial position with approximately $22.0 million in cash and cash equivalents.
Effective cost management leading to a 61.5% decrease in adjusted net loss.
Net loss of $29.6 million in 2023 due to business transition impact on inventory and assets.
Net loss per share was $4.53 for 2023 compared to $14.97 for 2022.
Net loss per share was $4.53 for 2023 compared to $14.97 for 2022.
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