Guardforce Historical Income Statement
| GFAI Stock | USD 1.30 0.20 18.18% |
Historical analysis of Guardforce income statement accounts such as Selling General Administrative of 6.7 M or Selling And Marketing Expenses of 83 K can show how well Guardforce AI Co performed in making a profits. Evaluating Guardforce income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Guardforce's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Guardforce AI latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Guardforce AI is a good buy for the upcoming year.
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About Guardforce Income Statement Analysis
Guardforce AI Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Guardforce shareholders. The income statement also shows Guardforce investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Guardforce Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Guardforce AI generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Guardforce AI Co minus its cost of goods sold. It is profit before Guardforce operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Guardforce AI. It is also known as Guardforce overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Guardforce AI Co whose combined shares represent less than 50% of the total outstanding shares issued by Guardforce have a minority interest in Guardforce.Most accounts from Guardforce's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Guardforce AI current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Guardforce's Total Operating Expenses is increasing as compared to previous years. The Guardforce's current Total Other Income Expense Net is estimated to increase to about 119.3 K, while Depreciation And Amortization is projected to decrease to under 4.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 984.8K | 1.1M | 653.4K | 936.4K | Depreciation And Amortization | 5.0M | 6.0M | 5.2M | 4.9M |
Guardforce income statement Correlations
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Guardforce Account Relationship Matchups
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Guardforce income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 5.3M | 5.0M | 5.0M | 6.0M | 5.2M | 4.9M | |
| Interest Expense | 886.5K | 898.7K | 984.8K | 1.1M | 653.4K | 936.4K | |
| Selling General Administrative | 1.1M | 6.7M | 7.6M | 15.3M | 10.8M | 6.7M | |
| Selling And Marketing Expenses | 131.8K | 120.2K | 93.7K | 72.6K | 87.3K | 83.0K | |
| Total Revenue | 38.6M | 37.6M | 35.2M | 34.5M | 36.3M | 29.0M | |
| Gross Profit | 4.5M | 6.1M | 2.8M | 1.2M | 1.5M | 3.0M | |
| Other Operating Expenses | 38.7M | 39.8M | 38.9M | 47.0M | 65.6M | 47.0M | |
| Operating Income | (111.0K) | (2.1M) | (3.7M) | (12.5M) | (29.3M) | (27.8M) | |
| Ebit | (111.0K) | (2.0M) | (5.2M) | (17.3M) | (28.5M) | (27.1M) | |
| Ebitda | 5.2M | 3.0M | (207.0K) | (11.3M) | (23.3M) | (22.1M) | |
| Cost Of Revenue | 34.1M | 31.5M | 32.3M | 33.2M | 34.8M | 35.7M | |
| Total Operating Expenses | 4.6M | 8.2M | 6.5M | 13.7M | 30.8M | 32.4M | |
| Income Before Tax | 148.6K | (2.9M) | (6.2M) | (18.5M) | (29.2M) | (27.7M) | |
| Total Other Income Expense Net | 259.5K | (776.9K) | (2.5M) | (1.6M) | 113.6K | 119.3K | |
| Net Income Applicable To Common Shares | 54.0K | (3.1M) | (5.5M) | (18.6M) | (16.7M) | (15.9M) | |
| Net Income | 54.0K | (3.1M) | (5.5M) | (18.6M) | (29.6M) | (28.1M) | |
| Income Tax Expense | 88.5K | 242.8K | (732.9K) | 132.2K | 434.3K | 456.0K | |
| Minority Interest | 65.9K | 49.7K | 9.7K | 101.3K | 17.7K | 16.8K |
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When determining whether Guardforce AI is a strong investment it is important to analyze Guardforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guardforce's future performance. For an informed investment choice regarding Guardforce Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Guardforce. If investors know Guardforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Guardforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 3.606 | Quarterly Revenue Growth (0.05) | Return On Assets (0.16) | Return On Equity (0.73) |
The market value of Guardforce AI is measured differently than its book value, which is the value of Guardforce that is recorded on the company's balance sheet. Investors also form their own opinion of Guardforce's value that differs from its market value or its book value, called intrinsic value, which is Guardforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Guardforce's market value can be influenced by many factors that don't directly affect Guardforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Guardforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.