Guardforce AI Announces Stock Buyback

- The buyback was initiated because the board believes the company's market valuation does not reflect the value of its secured logistics business and the growth potential of its AI solutions. CEO Lei Wang stated the company is building its future on "real revenue, operational discipline, and a clear roadmap for our AI Agent platform." - This move follows a notice from Nasdaq in December 2025 that the company was not in compliance with the $1.00 minimum bid price requirement. Guardforce AI has until June 10, 2026, to regain compliance, making the share repurchase a tool to support the stock price. - The company's financial foundation is its secured logistics segment in Thailand—including cash-in-transit and ATM management—which generates the majority of its revenue. This stable revenue supports its "AI-first" strategy, which includes developing its proprietary Intelligent Cloud Platform (ICP) for robotics and agentic AI applications. - For the first half of 2025, the company reported revenues of $18.2 million and had approximately $25.0 million in cash and cash equivalents as of June 30, 2025. However, it also reported a net loss from continuing operations of $2.2 million for that same period. - As part of its AI expansion, Guardforce AI announced a non-binding Letter of Intent in February 2026 to acquire MGAI, a developer of AI-driven speech therapy and rehabilitation solutions. MGAI's platform serves over 110,000 patients and uses one of China's largest databases for children's language development. - The company is actively commercializing its AI solutions, recently launching DVGO Beta 2.0, an AI-powered travel itinerary planner for professionals, and deploying smart retail solutions in Thailand for cash management and customer analytics. Revenue from its Guardforce Digital Machine (GDM) solutions grew 18.1% in the first half of 2025.