Guardforce AI (GFAI) investor relations material

Executive summary

• Achieved 6.4% total revenue growth year-over-year for H1 2026, with AI, RaaS & Smart Solutions revenue up 10.8% and accounting for 13.9% of total revenue.

• Expanded DVGO platform partnerships in Canada, China, and Taiwan, and launched new AI modules for autism intervention through MGAI acquisition.

• Strengthened legacy secured logistics with 97% recurring revenue and expanded upcountry presence in Thailand, adding long-term contracts with a government-owned bank.

Financial highlights

• Total revenue: $18.3 million for H1 2026, up from $17.2 million in H1 2025.

• Gross profit: $2.51 million, nearly flat year-over-year due to higher labor and fuel costs.

• Net loss from continuing operations widened to $3.12 million from $2.04 million year-over-year, mainly due to a $1.0 million non-recurring tax charge and higher SG&A expenses.

• Adjusted EBITDA (Non-IFRS): $(1.20) million, compared to $(0.41) million in H1 2025.

• Cash and cash equivalents at June 30, 2026: $21.3 million, down from $24.5 million at year-end 2025.

Outlook and guidance

• Focus remains on expanding Smart Solutions and DVGO platform, deepening customer relationships in Thailand, and targeted investment in technology and industry collaboration.

• Management aims to convert strategic initiatives into measurable commercial and operational progress for long-term value creation.