A services-focused company whose primary revenue is from 'Services' (2025 total revenue $23,531,638), operating with substantial vehicle, payroll and subcontractor costs, material operating lease obligations and subsidiaries-related liabilities, resulting in a net loss of $487,792 in 2025.

# Unnamed Company

Overview of the provided text
- Lists sections from an SEC Form 10-K:
  - PART I Item 1: Business
  - Item 1A: Risk Factors
  - Item 1B: Unresolved Staff Comments
  - Item 1B: Cybersecurity
  - Item 1C: Properties
  - Item 2: Legal Proceedings
  - Item 3: Mine Safety Disclosures
  - A final line "4." (likely referring to Item 4: Company’s Controls and Procedures)

Page cues
- Sections reference page numbers around 5 and 6.

What I need to prepare a detailed, factual summary
- The full text of Item 1: Business (the narrative describing the company’s operations, markets, products/services, customers, competitive environment, and subsidiaries).
- Any concrete figures you can provide (examples: number of customers, employee count, total revenue, net income or loss, geographic footprint, major product lines, subsidiaries, segment reporting).

What I will deliver after you provide that content
- A clear description of the company’s business model and operations.
- Specific metrics embedded where provided (customers, employees, revenue, income, margins).
- A concise outline of key markets, product and service lines, and notable subsidiaries or segments.
- A summary of any risks or other factors presented in the document, as stated.

AmeriGuard Security Services, Inc. is a U.S.-based provider of security guard solutions and non-emergency medical transportation, serving government and commercial clients with a combined revenue of approximately $26 million in 2024.

# Company Overview Summary

## Company Name
- AmeriGuard Security Services, Inc.

## Business Activities
- Manages two primary subsidiaries:
  - **Ameriguard Security Services, Inc. (AGS)**: Provides security guard services.
  - **TransportUS Inc. (TUS)**: Provides non-emergency medical transportation (NEMT) services.

---

## Security Services (AGS)
- **Services Offered**:
  - Armed and unarmed security personnel
  - Access control
  - Mobile patrols
  - Traffic control
  - Security console/system operation
  - Fire safety directions
  - Communication and reception
  - Concierge and front desk services
- **Major Clients**:
  - Federal, State, and Local government entities
  - Quasi-governmental organizations
  - Commercial properties
- **Revenue**:
  - Approximately **$17.5 million** in fiscal year 2024
- **Employees**:
  - **240 employees** (as of Dec 31, 2024)
  - 172 employees are represented by collective bargaining agreements
- **Market Position**:
  - Competes with top firms like Allied Universal, Securitas, G4S, Prosegur
  - Revenue places it in a strong competitive position within the industry
- **Industry Context**:
  - Over 11,000 companies with roughly 900,000 officers in the U.S.
  - Industry growing with a trend toward integrating technology (video, access control) and emerging innovations (drones, cybersecurity, robotics)

---

## Non-Emergency Medical Transportation (TUS)
- **Services Offered**:
  - Ambulatory and non-ambulatory patient transport
  - Focused on government contracts, mainly with the Veterans Administration
- **Market Size & Growth**:
  - North American industry valued at ~$6.4 billion in 2022
  - Estimated ~$7.6 billion in 2024 with 7.5%–9% CAGR
- **Revenue**:
  - Approximately **$9 million** annually
- **Employees & Fleet**:
  - **72 employees**
  - Operates about **70 vehicles** (sedans, minivans, full-size vans with wheelchair lifts)
- **Clients & Contracts**:
  - Provides services in Long Beach, Los Angeles, and Loma Linda, CA
  - Won additional contracts in 2024 with VA
- **Growth Strategy**:
  - Expand market share in southern California
  - Focus on high-quality service and fleet improvements

---

## Financial Highlights
- **Total Revenue (2024)**:
  - Around **$26 million** (post-acquisition of TransportUS)
- **Profitability**:
  - Net loss of approximately **$3.4 million** in 2024
  - Previous year (2023) net loss was approximately **$2.4 million**
- **Key Revenue Sources**:
  - 89% of revenue from six federal contracts (renewable annually, each with 5-year terms)
- **Employees Total**:
  - Total of about **318 employees** across subsidiaries
- **Business Model**:
  - Focus on organic growth via bid submissions and contract renewals
  - Growth also targeted through mergers and acquisitions in both industries
  
---

## Strategic Focus
- Leverage technology (AI, robotics, blockchain) to improve operational efficiency
- Expand through additional contract bidding and acquisitions
- Continue growth in government and commercial sectors
- Utilize available capital markets for expansion and technology deployment

---

## Summary
AmeriGuard Security Services, Inc. primarily offers security guard solutions to government and commercial clients in the U.S., with a significant revenue base of $17.5 million in 2024 and a workforce of 240 employees. It also operates TransportUS Inc., supplying non-emergency medical transport services with $9 million in annual revenue and 72 employees. The company is retained in a growth phase, heavily reliant on federal contracts, and aims to expand through technology innovations and strategic acquisitions.

AmeriGuard Security Services, Inc. (AGSS) is a provider of security and non-emergency medical transportation services through its subsidiaries, AGS and TUS, targeting public entities and medical transport needs.

# Company Overview: AmeriGuard Security Services, Inc. (AGSS)

## Business Description
AmeriGuard Security Services, Inc. (AGSS) provides a wide array of security and non-emergency medical transportation services through its two main subsidiaries: AmeriGuard Security Services, Inc. (AGS) and TransportUS, Inc. (TUS).

### Subsidiaries

### 1. AmeriGuard Security Services, Inc. (AGS)
- **Primary Services**: AGS offers guard services for federal, state, and local governmental entities, as well as commercial property. Their offerings include both armed and unarmed security personnel for:
  - Access control
  - Mobile patrols
  - Traffic control
  - Security console/system operations
  - Fire safety director services
  - Communication and reception
  - Concierge services
  - Front desk/doorman operations
  
- **Revenue**: AGS generated approximately **$20 million** in revenue for the fiscal year ended December 31, 2023.

- **Employees**: As of December 31, 2023, AGS employs **203 full-time employees**, of which **157** are represented by collective bargaining agreements.

### 2. TransportUS, Inc. (TUS)
- **Primary Services**: TUS provides ambulatory and non-ambulatory transportation services, primarily for the Veterans Administration. Their fleet includes vehicles capable of accommodating individuals with special needs and operates a dispatch service 24/7.
  
- **Revenue**: TUS generates approximately **$5 million** in revenues annually.

- **Fleet**: TUS manages **approximately 40 vehicles**, including sedans, minivans, and full-size vans equipped with wheelchair lifts.

## Customer Base
- AGS serves a diverse clientele, including federal, state, and local governmental entities, as well as various commercial enterprises.
- TUS specifically caters to the medical transportation needs of Veterans Administration facilities.

## Growth Strategy
AGSS plans to expand its market presence both organically and through acquisitions in order to capture a larger share of the security and non-emergency medical transportation markets. The Company positions itself to benefit from ongoing growth trends in the security guard services and non-emergency medical transportation industries.

## Summary
- **Total Revenue**: Approximately **$25 million** (combined for AGS and TUS).
- **Total Employees**: **238** (203 in AGS + 35 in TUS).
- **Key Markets**: Security services and non-emergency medical transportation.
- **Strategic Goals**: Increasing market share and revenues through acquisition and enhanced service offerings.

By focusing on quality service delivery and leveraging technology, AmeriGuard Security Services, Inc. is poised for continued growth in a competitive landscape.

AMERIGUARD SECURITY SERVICES, INC.

10-K / June 29, 2026

10-K / May 12, 2025

10-K / April 4, 2024

10-K / June 29, 2026

Unnamed Company