Hunter Diamond

Mike Albanese

- Guardforce AI reported **revenue of $18.2 million** for the first half of 2025, marking a **3.6% increase** from the first half of 2024, primarily driven by its Secured Logistics business.  **[1804469_0001213900-25-090337_ea025816901ex99-3_guardforce.htm:1]** **[1804469_0001213900-25-090337_ea025816901ex99-2_guardforce.htm:3]** **[1804469_0001213900-25-090337_ea025816901ex99-2_guardforce.htm:4]** 
- The company's **net loss from continuing operations widened to $2.2 million** for the first half of 2025, compared to a net loss of $1.9 million in the prior year period, attributed to sustained investment in research & development and a decline in gross profit.  **[1804469_0001213900-25-090337_ea025816901ex99-3_guardforce.htm:1]** **[1804469_0001213900-25-090337_ea025816901ex99-2_guardforce.htm:3]** **[1804469_0001213900-25-090337_ea025816901ex99-2_guardforce.htm:7]** 
- **Adjusted EBITDA (Non-IFRS) was negative $0.5 million** for the first half of 2025, a wider loss compared to negative $0.1 million for the first half of 2024.  **[1804469_0001213900-25-090337_ea025816901ex99-2_guardforce.htm:7]** 
- In the first half of 2025, Guardforce AI launched **DeepVoyage Go (DVGO)**, an AI-powered itinerary planner, and reported **Guardforce Digital Machine (GDM) revenue growth of 18.1% to $2.2 million**.  **[1804469_0001213900-25-090337_ea025816901ex99-3_guardforce.htm:0]**

Guardforce AI (GFAI)