Guardforce AI Unveils DVGO Beta 2.0 Launch
Launch of DVGO Beta 2.0: Guardforce AI has introduced DVGO Beta 2.0, a significant step in its AI-first product strategy and marketing efforts.
Target Audience: DVGO is designed specifically for travel advisors and service professionals, acting as an AI-powered assistant.
Functionality: The AI agent can understand context, utilize various tools, and perform tasks through natural conversation.
Strategic Importance: This launch represents a milestone in enhancing the capabilities of travel advisors and improving service delivery in the travel industry.
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Guardforce AI Receives Nasdaq Warning, Must Regain Compliance in 180 Days
- Compliance Warning: Guardforce AI received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, facing delisting risks if the deficiency persists for 30 consecutive trading days.
- Regaining Period: The company has been granted a 180-day grace period until June 10, 2026, to achieve a closing bid price of at least $1.00 for a minimum of 10 consecutive trading days to avoid delisting.
- Market Impact: Despite the warning, the company's ordinary shares continue to trade on Nasdaq, reflecting market confidence in its short-term performance; however, ongoing compliance issues may undermine investor trust in the long run.
- Mitigation Strategies: The company intends to continuously monitor its stock price and is considering various measures to improve its financial position, aiming to counteract short-term adverse effects on its trading price and restore compliance in due time.
Guardforce AI Receives Nasdaq Warning, Must Regain Compliance in 180 Days
- Compliance Warning: Guardforce AI received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, facing delisting risks if the deficiency persists for 30 consecutive trading days.
- Regaining Period: The company has been granted a 180-day grace period until June 10, 2026, to achieve compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive trading days to avoid potential delisting.
- Market Impact: Despite the warning, the company's ordinary shares will continue to trade on Nasdaq, indicating that there will be no immediate impact on market performance, but proactive measures are needed to improve financial conditions to mitigate risks.
- Response Strategy: The company intends to continuously monitor its closing bid price and is considering various measures to enhance its financial performance, aiming to counteract short-term adverse effects on its trading price and restore compliance in due time.
Guardforce AI Implements Smart Solutions and AI Applications in Thailand
Company Launch and Innovations: Guardforce AI successfully launched its smart solutions and AI applications at a rebranding event in Bangkok, introducing the Smart Cash Solution and Smart Retail Solution aimed at enhancing operational efficiency in cash management and retail environments.
Future Vision and AI Integration: The company emphasized its commitment to advancing AI-driven services, showcasing its first AI Agent application, DeepVoyage Go (DVGO), which enhances travel planning services and aims to expand recurring revenue through tech-enabled solutions.
EXCLUSIVE: Guardforce AI Renews 3-Year Deal With Thailand's Government Savings Bank
Guardforce AI's Renewal with GSB: Guardforce AI's subsidiary, GFCS, has secured a three-year renewal contract with Thailand's Government Savings Bank, extending their partnership for cash-in-transit and ATM maintenance services until May 2028.
Financial Stability and Innovation: This renewal ensures stable revenue for Guardforce AI, allowing the company to invest in innovation and expand its AI-driven solutions.
Guardforce AI Reports Full-Year 2024 Financial Results and Provides Business Update
Financial Performance: Guardforce AI reported a 16.1% increase in gross profit for 2024, with revenue rising slightly by 0.2% to approximately $36.3 million. The company also narrowed its net loss significantly to $5.9 million, marking an 80.1% improvement year-over-year.
AI and Technology Development: The company is focusing on building a strong AI technology foundation to enhance its service offerings in the travel and retail sectors, while also planning to expand its Robotics-as-a-Service model and AI solutions globally in 2025.
Guardforce AI GAAP EPS of -$0.53, revenue of $36.35M
Financial Performance: Guardforce AI reported a FY GAAP EPS of -$0.53 and revenue of $36.35 million, reflecting a slight increase of 0.2% year-over-year.
Additional Information: The press release includes historical earnings data and financial information for Guardforce AI, along with Seeking Alpha’s Quant Rating on the company.
Guardforce AI Receives Nasdaq Warning, Must Regain Compliance in 180 Days
- Compliance Warning: Guardforce AI received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, facing delisting risks if the deficiency persists for 30 consecutive trading days.
- Regaining Period: The company has been granted a 180-day grace period until June 10, 2026, to achieve a closing bid price of at least $1.00 for a minimum of 10 consecutive trading days to avoid delisting.
- Market Impact: Despite the warning, the company's ordinary shares continue to trade on Nasdaq, reflecting market confidence in its short-term performance; however, ongoing compliance issues may undermine investor trust in the long run.
- Mitigation Strategies: The company intends to continuously monitor its stock price and is considering various measures to improve its financial position, aiming to counteract short-term adverse effects on its trading price and restore compliance in due time.
Guardforce AI Receives Nasdaq Warning, Must Regain Compliance in 180 Days
- Compliance Warning: Guardforce AI received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share, facing delisting risks if the deficiency persists for 30 consecutive trading days.
- Regaining Period: The company has been granted a 180-day grace period until June 10, 2026, to achieve compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive trading days to avoid potential delisting.
- Market Impact: Despite the warning, the company's ordinary shares will continue to trade on Nasdaq, indicating that there will be no immediate impact on market performance, but proactive measures are needed to improve financial conditions to mitigate risks.
- Response Strategy: The company intends to continuously monitor its closing bid price and is considering various measures to enhance its financial performance, aiming to counteract short-term adverse effects on its trading price and restore compliance in due time.
Guardforce AI Implements Smart Solutions and AI Applications in Thailand
Company Launch and Innovations: Guardforce AI successfully launched its smart solutions and AI applications at a rebranding event in Bangkok, introducing the Smart Cash Solution and Smart Retail Solution aimed at enhancing operational efficiency in cash management and retail environments.
Future Vision and AI Integration: The company emphasized its commitment to advancing AI-driven services, showcasing its first AI Agent application, DeepVoyage Go (DVGO), which enhances travel planning services and aims to expand recurring revenue through tech-enabled solutions.
EXCLUSIVE: Guardforce AI Renews 3-Year Deal With Thailand's Government Savings Bank
Guardforce AI's Renewal with GSB: Guardforce AI's subsidiary, GFCS, has secured a three-year renewal contract with Thailand's Government Savings Bank, extending their partnership for cash-in-transit and ATM maintenance services until May 2028.
Financial Stability and Innovation: This renewal ensures stable revenue for Guardforce AI, allowing the company to invest in innovation and expand its AI-driven solutions.
Guardforce AI Reports Full-Year 2024 Financial Results and Provides Business Update
Financial Performance: Guardforce AI reported a 16.1% increase in gross profit for 2024, with revenue rising slightly by 0.2% to approximately $36.3 million. The company also narrowed its net loss significantly to $5.9 million, marking an 80.1% improvement year-over-year.
AI and Technology Development: The company is focusing on building a strong AI technology foundation to enhance its service offerings in the travel and retail sectors, while also planning to expand its Robotics-as-a-Service model and AI solutions globally in 2025.
Guardforce AI GAAP EPS of -$0.53, revenue of $36.35M
Financial Performance: Guardforce AI reported a FY GAAP EPS of -$0.53 and revenue of $36.35 million, reflecting a slight increase of 0.2% year-over-year.
Additional Information: The press release includes historical earnings data and financial information for Guardforce AI, along with Seeking Alpha’s Quant Rating on the company.
