AMERIGUARD SECURITY SERVICES, INC. reported fiscal 2025 revenue of $23.53M, down from $26.44M a year earlier, and a net loss of $(487.8K) compared with a $(2.34M) loss in FY 2024; diluted loss per share improved to $(0.0055) from $(0.0246).
Financial Highlights
- Revenue was $23.53M for FY 2025, down from $26.44M in FY 2024; YoY change (11.0%).
- Net income was a loss of $(487.8K) for FY 2025, versus a $(2.34M) loss in FY 2024.
- Diluted earnings per share was $(0.0055) for FY 2025, compared with $(0.0246) for FY 2024.
Business Highlights
- Revenue decline of roughly 11% was driven mainly by the loss of three federal SSA contracts; growth from TransportUS (TUS) partially offset the impact.
- The company is shifting its channel mix away from posted guards toward technology-driven services, including portable cameras, 24/7 dispatch and rapid patrol response.
- Acquisition of TUS expanded service offerings, contributed meaningful incremental revenue and opened additional federal contract opportunities.
- Operational progress included launching 24-hour dispatch, expanding the patrol model, and adding sales hires ahead of a planned push into the Las Vegas market.
- Management’s growth strategy focuses on scaling TUS federal and private transport services, expanding tech security offerings, and pursuing targeted M&A to drive market expansion.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.