Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 765

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 13
Chunk 765
---
 159,846

    Retained earnings/(deficit)

    (3,279,976
    )

    (943,679
    )
  
    Total Stockholders’ Equity

    (3,120,130
    )

    (783,833
    )
  
    Total Liabilities and Stockholders’ Equity
     
    $
    9,815,194

    $
    7,835,340

See accompanying notes to financial statements

F-3

AmeriGuard Security Services, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Years Ending

    December 31,

    December 31,
2024

    2023
(restated)

    Revenue

    Services
     
    $
    26,258,260

    $
    20,852,372

    Discounts and allowances

    (22,981
    )

    (97,711
    )
  
    Other operational income

    200,332

    215,066

    Total Revenue

    26,435,611

    20,969,727

    Cost of Services

    Salaries and related taxes

    16,695,048

    14,531,795

    Employee benefits

    3,386,874

    2,881,774

    Sub-Contractor payments

    848,247

    1,331,446

    Training and direct expenses

    130,347

    85,861

    Vehicles and equipment expenses

    2,376,139

    333,464

    Total Cost of Services

    23,436,656

    19,164,340

    Gross Margin

    2,998,955

    1,805,387

    Operating Expenses

    Salaries, payroll taxes and benefits

    1,365,121

    1,604,520

    Vehicle expense

    453,517

    384,013

    Professional services

    992,521

    463,524

    Communication services

    187,248

    130,538

    General liability insurance

    199,643

    160,431

    Advertising and marketing

    265,321

    144,391

    Staff training

    191,823

    183,704

    Livescan services