Ameriguard Security Services, INC

Market Movers (8-K)

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Ameriguard Security Services issued 8.76 million shares to settle $2.46 million in outstanding debt.
Capital raise
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AmeriGuard Security Services, Inc. forfeited three Social Security Administration contracts totaling over $15 million in annual revenue due to a financial agreement default with Legalist.
Worse than expected
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A publicly traded security services company faces escalating internal conflict, marked by a series of leadership changes, board removals, and multiple lawsuits alleging breaches of fiduciary duty and fraud.
Worse than expected
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A security services company has received a notice of default on its $7 million credit facility, leading to a halt in funding and an inability to meet upcoming payroll obligations.
Worse than expected
Delay expected
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AmeriGuard Security Services, Inc. announced significant changes to its board and executive leadership, with majority shareholder Lawrence Garcia assuming the role of Chief Executive Officer.
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AmeriGuard Security Services, Inc. has announced the immediate removal of CEO Lawrence D. Garcia and the appointment of independent director Douglas Anderson as interim Chief Executive Officer.
Worse than expected

Quarterly Earnings (10-Q)

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AmeriGuard Security Services reports a significant revenue decrease in Q1 2026 due to lost federal contracts, alongside ongoing legal disputes and internal restructuring.
Delay expected
Worse than expected
Capital raise
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AmeriGuard Security Services reports significant financial challenges, including contract forfeitures and a loan default, exacerbated by an internal board dispute, despite a slight revenue increase.
Delay expected
Worse than expected
Capital raise
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AmeriGuard Security Services, Inc. reports a significant net loss increase, default on a key financing agreement, and the forfeiture of three major federal contracts following an internal leadership dispute.
Worse than expected
Capital raise
Delay expected
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AmeriGuard Security Services, Inc. reports a revenue increase for Q1 2025, but net losses continue due to rising operating expenses and direct costs.
Worse than expected
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AmeriGuard Security Services saw a slight increase in revenue but continued to experience net losses in the third quarter of 2024, while also facing challenges with internal controls and debt obligations.
Worse than expected
Delay expected
Capital raise
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AmeriGuard Security Services experienced a decrease in revenue but an increase in gross profit margin for the six months ending June 30, 2024, alongside ongoing efforts to secure new contracts and acquisitions.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

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Ameriguard Security Services, Inc. reports significant revenue decrease and net loss for fiscal year 2025 due to loss of federal contracts, while facing ongoing legal and financial challenges.
Capital raise
Worse than expected
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AmeriGuard Security Services, Inc. experienced a revenue increase driven by the TransportUS acquisition but reported a net loss due to increased operating expenses and loan interest.
Worse than expected
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AmeriGuard Security Services, Inc. restated its 2022 and 2023 financial statements due to issues discovered during a re-audit following the disbarment of its previous accounting firm, and is pursuing growth through strategic acquisitions.
Worse than expected
Delay expected
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AmeriGuard Security Services experienced a 16.4% decrease in operational revenue in 2023, primarily due to the end of a major contract, but is focusing on growth through strategic acquisitions.
Worse than expected
Delay expected