Gorilla Technology Group Inc. (GRRR)
NASDAQ:GRRR
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Gorilla Technology Group Inc.
(NASDAQ:GRRR)
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Rating:48Neutral
Price Target:
$12.00
▲(8.79% Upside)
Action:ReiteratedDate:11/19/25
The overall stock score reflects significant financial performance challenges, particularly in profitability and cash flow, which weigh heavily on the score. Technical analysis indicates a bearish trend, further impacting the score. However, the positive sentiment from the earnings call, with record revenue and strong future growth prospects, provides some optimism.
Positive Factors
Large Contracted Revenue
A $1.4B multi-year data center mandate creates durable, contractually backed revenue of ~$100M per year for the initial three years. That visibility materially de-risks revenue forecasts, supports capacity planning and strengthens Gorilla's position in sovereign AI infrastructure markets.
Negative Factors
Negative Cash Generation
Persistent negative operating and free cash flows indicate the company has historically failed to convert accounting revenue into sustainable cash. Even with current cash, continued negative cash generation would force reliance on cash reserves or new financing, limiting long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Large Contracted Revenue
A $1.4B multi-year data center mandate creates durable, contractually backed revenue of ~$100M per year for the initial three years. That visibility materially de-risks revenue forecasts, supports capacity planning and strengthens Gorilla's position in sovereign AI infrastructure markets.
Read all positive factors
Gorilla Technology Group Inc. (GRRR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$250.04M
Dividend YieldN/A
Average Volume (3M)554.68K
Price to Earnings (P/E)―
Beta (1Y)1.54
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees142
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.32
Shares Outstanding22,669,016
10 Day Avg. Volume463,990
30 Day Avg. Volume554,679
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.61
Price to Sales (P/S)2.56
P/FCF Ratio-6.13
Enterprise Value/Market Cap0.75
Enterprise Value/Revenue1.89
Enterprise Value/Gross Profit5.64
Enterprise Value/Ebitda-2.81
Forecast
1Y Price Target
$39.50Price Target Upside258.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.17
Revenue Forecast (FY)$165.59M
Gorilla Technology Group Inc. Business Overview & Revenue Model
Company Description
Gorilla Technology Group Inc. provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security...
How the Company Makes Money
Gorilla Technology Group generates revenue through a combination of software licensing, subscription services, and hardware sales. The company primarily earns money by providing cybersecurity solutions that are sold on a subscription basis, allowi...
Gorilla Technology Group Inc. Earnings Call Summary
Earnings Call Date:Apr 08, 2026
(Q4-2025)
| Next Earnings Date:Jun 24, 2026
Earnings Call Sentiment Positive
The call emphasized a material and credible financial turnaround (record revenue, sharply narrowed IFRS losses, positive adjusted EBITDA and adjusted net income), strong cash balance and reduced debt, large commercial pipeline, and an aggressive infrastructure and product buildout (post-quantum SD-WAN, Astrikos integration, large GPU capacity ambitions). Notable risks were acknowledged: remaining IFRS net loss, gross-margin mix pressure in 2025, reliance on vendor delivery schedules (GPUs and networking), geopolitical and logistical risks, significant capital intensity to build/own data centers, and execution challenges tied to a rapid hiring ramp. On balance the positive financial improvements, robust cash position and growth pipeline materially outweigh the operational and timing risks discussed.Positive Updates
Record Full-Year Revenue
Reported record FY2025 revenue of $101.4 million, up 35.7% year-over-year, delivering inside prior guidance of $100M–$110M.
Negative Updates
Continuing IFRS Net Loss
Although materially improved, the company still reported an IFRS net loss of approximately $11.3 million for FY2025.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Full-Year Revenue
Reported record FY2025 revenue of $101.4 million, up 35.7% year-over-year, delivering inside prior guidance of $100M–$110M.
Read all positive updates
Company Guidance
The company maintained 2026 revenue guidance of $137 million–$200 million and reiterated the goal to be cash-flow positive in 2026 while withholding gross‑margin and EBITDA guidance for now; that follows FY2025 results of $101.4M revenue (up 35.7% YoY), IFRS operating loss narrowed to ~$13.7M from $66.9M (a $53.2M or 79.6% reduction), IFRS net loss of ~$11.3M (vs $64.8M, an 82.6% improvement), IFRS basic EPS improved to about $0.51 (vs negative prior year, a 91.7% improvement), adjusted EBITDA ~$19.1M, adjusted net income ~$19.9M, adjusted basic EPS $0.89 / diluted $0.88; Q4 revenue ~ $35.6M (vs $34.75M consensus) and implied Q4 adjusted EPS ~$0.37 (vs $0.30 consensus, ~22% beat); balance-sheet and cash dynamics cited include $104.8M year‑end cash (unrestricted cash $108M and total cash $116.6M as of Feb 26), collections of >$22M in Jan–Feb 2026 with an additional ~$10M (±$2–3M) expected, debt reduced to $13.8M from $21.4M (down 35.6%), >$5.3M of deposits released, >$11M spent on buybacks, a $7B pipeline (including a $1.4B SEA opportunity), plans to scale to 1,200–1,500 FTEs (plus ~700–800 contractors) by mid‑June next year, and infrastructure targets including >600 MW GPU capacity and near‑term milestones (first GPUs arriving in days, first SEA data center live by Q2, and post‑quantum/quantum‑safe products targeted for April 2026).Gorilla Technology Group Inc. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.75M | 74.67M | 64.69M | 22.41M | 42.24M | 45.41M |
| Gross Profit | 33.45M | 37.31M | 44.72M | 8.34M | 15.77M | 18.56M |
| EBITDA | -67.01M | -63.98M | 19.08M | -78.65M | 626.62K | 2.67M |
| Net Income | -67.16M | -64.79M | 13.50M | -87.54M | -8.55M | -5.92M |
Balance Sheet | ||||||
| Total Assets | 266.45M | 153.80M | 115.44M | 65.26M | 94.93M | 92.29M |
| Cash, Cash Equivalents and Short-Term Investments | 110.16M | 37.47M | 34.13M | 30.94M | 18.95M | 19.59M |
| Total Debt | 15.94M | 22.21M | 32.91M | 23.87M | 35.92M | 29.18M |
| Total Liabilities | 68.19M | 80.69M | 61.29M | 36.72M | 49.00M | 38.79M |
| Stockholders Equity | 198.26M | 73.10M | 54.15M | 28.54M | 45.93M | 53.50M |
Cash Flow | ||||||
| Free Cash Flow | -24.95M | -31.11M | -13.24M | -11.78M | -6.77M | -7.47M |
| Operating Cash Flow | -24.28M | -29.65M | -9.43M | -8.77M | 1.62M | -1.95M |
| Investing Cash Flow | 8.80M | 16.64M | -38.69M | -1.93M | -9.91M | -7.73M |
| Financing Cash Flow | 109.04M | 27.98M | 29.73M | 23.61M | 5.99M | 3.88M |
Gorilla Technology Group Inc. Technical Analysis
Neutral
11.03
Price Trends
11.68
Negative
12.42
Negative
15.27
Negative
Market Momentum
-0.28
Negative
50.03
Neutral
73.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GRRR, the sentiment is Neutral. The current price of 11.03 is above the 20-day moving average (MA) of 10.79, below the 50-day MA of 11.68, and below the 200-day MA of 15.27, indicating a neutral trend. The MACD of -0.28 indicates Negative momentum. The RSI at 50.03 is Neutral, neither overbought nor oversold. The STOCH value of 73.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GRRR.
Gorilla Technology Group Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $566.85M | -35.89 | -3.39% | ― | 7.42% | 34.42% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | $410.60M | 7.81 | -43.23% | ― | 9.51% | ― | |
56 Neutral | $216.36M | -10.23 | -31.67% | ― | 15.73% | 40.14% | |
48 Neutral | $250.04M | -21.55 | -7.62% | ― | ― | ― | |
47 Neutral | $239.95M | -1.03 | ― | ― | -2.98% | 69.09% | |
47 Neutral | $299.89M | 16.48 | 19.25% | ― | -44.07% | 25.75% |
* Technology Sector Average
GRRR
Gorilla Technology Group Inc.
11.03
-5.73
-34.19%
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Gorilla Technology Group Inc. Corporate Events
Gorilla Technology Reports Record Q3 Revenue and Secures Major AI Contracts
Nov 17, 2025
On November 17, 2025, Gorilla Technology Group Inc. announced its financial results for the third quarter of 2025, reporting a record revenue of $26.5 million, a 32% increase from the same period in 2024. The company achieved breakeven at the bott...
Gorilla Technology Appoints New CTO to Lead Infrastructure Initiatives
Nov 4, 2025
On November 3, 2025, Gorilla Technology Group Inc. announced the appointment of Thomas Sennhauser as the Chief Technology Officer of Infrastructure Practice. Sennhauser, who has a robust background in enterprise technology and has contributed sign...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.