AGSS Research | Milton Maxwell

AGSS

Ameriguard Security Services, Inc.

0.0161

+0.0001+0.63%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

1.44M

P/E (TTM)

Basic EPS (TTM)

-0.01

Dividend Yield

Recent Filings

10-Q

11/17/25Nov 17, 2025

8-K

Forfeits $15M contracts post-default

8/5/25Aug 5, 2025

AmeriGuard Security Services forfeited three Social Security Administration contracts on July 14, 2025, totaling $15 million in annual revenue, after Legalist declared default on a financial agreement on July 1. This move ensured compliance with federal rules amid funding woes, despite no performance lapses. The contracts swiftly transferred to another guard firm by July 28. Smooth handover prioritized employees and operations.

8-K

Lender declares financing default

7/14/25Jul 14, 2025

AmeriGuard Security Services hit a snag on July 1, 2025, when lender List Government Receivables Fund declared a default under their $7M receivables financing agreement, triggered by material changes in the company's business or finances since June 12 that made the lender uneasy. With $5.85M outstanding, incremental 4.75% interest now kicks in, and a requested $982K draw for July 10 payroll got nixed, crippling operations. Default bites hard.

8-K

Board and CEO shakeup

6/20/25Jun 20, 2025

AmeriGuard Security Services underwent a swift board and leadership overhaul on June 16, 2025, when majority shareholder Lawrence Garcia removed directors Douglas Anderson and Russel Honore while appointing Wilhelm Cashen and Terry Slatic. The board then ousted Anderson as interim CEO and installed Garcia as the new chief executive, effective immediately. Cashen and Slatic also joined the Audit Committee. This internal shift consolidates control under Garcia, potentially streamlining decisions but raising governance questions.

8-K

CEO ousted, interim appointed

6/12/25Jun 12, 2025

AmeriGuard Security Services abruptly removed CEO Lawrence D. Garcia on June 12, 2025, effective immediately. The board tapped independent director Douglas Anderson as interim CEO, leveraging his audit and compensation committee roles. This shift signals quick internal response to undisclosed issues. No successor timeline disclosed.

About

Ameriguard Security Services, Inc. engages in providing guard services to governmental, quasi-governmental, and commercial property management sectors. Its guard services, including armed and unarmed uniformed security personnel for access control, mobile patrols, traffic control, security console/system operators, fire safety directors, communication, reception, concierge, and front desk/doorman operations. The company was formerly known as Health Revenue Assurance Holdings, Inc. and changed its name to Ameriguard Security Services, Inc. in March 2022. Ameriguard Security Services, Inc. was founded in 1982 and is based in Fresno, California.

CEO

Mr. Lawrence Garcia

IPO

9/25/2012

Website

https://ameriguardsecurity.com

Employees

318

Sector

Industrials

Industry

Security & Protection Services