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Guardforce AI Reports Interim Financial Results for the First Half of 2026 Achieved 10.8 % growth on AI , RaaS & Smart Solutions Metric and 6.4 % Total Revenue Growth NEW YORK , Sept. 23 , 2026 ( GLOBE NEWSWIRE ) -- Guardforce Al Co. , Limited ( " Guardforce Al " or the " Company " ) ( NASDAQ : GFAI , GFAIW ) , a technology - enabled service company providing solutions in Agentic Al , smart solutions in automation , robotics , and secured logistics , today announced unaudited interim financial results for the first half of 2026 ( 1H 2026 ) , ended June 30 , 2026 . Operational Highlights In the first half of 2026 , Guardforce Al continued to make significant strides in developing AI , Robotics - as - a - Service ( RaaS ) & Smart Solutions by extending features and industry expertise to its Al - powered cross - border service intelligence connection platform , DeepVoyage Go ( " DVGO " ) , and in fortifying the Company's established position in Legacy Secured Logistics by executing business strategy of strengthening service coverage in Thailand's upcountry areas . Updates in Al , RaaS & Smart Solutions • Expanded DVGO's service ecosystem with destination - based travel service providers . By September 2026 , DVGO has established service providers partnerships in Canada , China and Taiwan , initiating business footprint expansion in service capability in both Asia and North America . • Released DVGO Workbuddy , which uses Al agents to help destination - based services providers structure and list their service capabilities into Al - discoverable and matchable service products , supporting easier onboarding and more effective matching between cross - border demand and suitable service capabilities . • Extended Smart Retail Solutions partnership with a renowned sportswear brand in early 2026 , adding six more store installations in 2026 and 2027 . Acquired MGAI Limited ( " MGAI " ) in March , 2026 to extend Al for Service implementation in child education field . Later launched new autism intervention Al modules in MGAI , by partnering with Zhongmi Interconnection , an Al- driven technology company that focuses on rehabilitation of children with special needs including autism . This collaboration expanded service range from simply language rehabilitation to multiple autism intervention aspects such as behavioral and social skills . Updates in Legacy Secured Logistics • Maintained approximately 97 % recurring revenue . • Consolidated upcountry presence in Thailand by continuing to win new contracts from a government - owned bank in Thailand , adding hundreds of ATM location services under long - term contracts . • Drove client mix transformation with approximately 14 retail clients among top 20 clients . Financial Overview Total revenue increased by $ 1.1 million , or 6.4 % in 1H 2026 , compared to 1H 2025. The Al , RaaS & Smart Solutions metric , which accounted for 13.9 % of total revenue in 1H 2026 , grew by 10.8 % compared to 1H 2025 , mainly due to increased demand by retail customers for Smart Solutions and acquired revenue from MGAI . Legacy Secured Logistics , which accounted for 86.1 % of total revenue in 1H 2026 , grew by 5.8 % compared to 1H 2025 , mainly due to the growth of the Company's retail - focused service lines and upcountry business expansion strategy in Thailand and favorable foreign exchange translation . Gross profit decreased by $ 6,003 , or 0.2 % for 1H 2026 , compared to 1H 2025 , as a result of an increase in labor and fuel cost . For 1H 2026 , selling , general , and administrative expenses increased by approximately $ 1.0 million , to approximately $ 5.2 million , compared to approximately $ 4.2 million for 1H 2025. This is mainly due to an approximately $ 1.0 million non - recurring tax related charges incurred in 1H 2026. As a result of the increase in SG & A expenses , net