Guardforce AI Co., Limited announced its financial results for the first half of 2025 (1H 2025) ended June 30, 2025. The company reported a revenue increase of approximately 3.6% to $18.2 million for 1H 2025, compared to 1H 2024.
Despite revenue growth, gross profit decreased to approximately $3.0 million for 1H 2025, from $3.2 million for 1H 2024, leading to a contraction in gross profit margin to 16.2% from 18.4%. The company's net loss from continuing operations widened to $2.2 million for 1H 2025, compared to a $1.9 million loss for 1H 2024.
The widened net loss was primarily attributed to sustained investment in research and development and the decline in gross profit, reflecting the ongoing investment phase of Guardforce AI's AI-first strategy. As of June 30, 2025, the company maintained a strong cash position with approximately $25.0 million in cash, cash equivalents, and restricted cash.
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