Gorilla Technology Group Ord Shs Financials

GRRR

Source SEC Filings (10-K/10-Q) Updated Apr 15, 2026 Currency USD FYE April

This page shows Gorilla Technology Group Ord Shs (GRRR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GRRR FY2025 2026-04-22

External financing, not operations, is funding a low-debt expansion as revenue scales faster than cash conversion.

FY2025's accounting rebound did not become a cash rebound: revenue rose 35.7% from FY2024 and net loss improved by $53.5M, yet operating cash outflow improved only $991K. With capex just $615K, almost the entire cash drain came from day-to-day operations rather than long-term investment.

The balance sheet is cash-rich but externally funded: cash reached $99.5M, the current ratio rose to 3.3x from 1.7x, and long-term debt stayed tiny at $873K. That liquidity arrived alongside $101.2M of financing inflow, so solvency looks strong while self-funding remains weak.

This is an asset-light cash burner, not a heavy builder of plant or equipment: FY2025 capex was only $615K on $101.4M of revenue, and FY2024 capex was similarly small at $543K. Because free cash flow stayed close to operating cash flow, the shortfall is operational, not capital-intensive.

Financial Health Signals

Financial Profile 40/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Gorilla Technology Group Ord Shs's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Gorilla Technology Group Ord Shs's revenue surged 35.7% year-over-year to $101.4M, reflecting rapid business expansion. This strong growth earns a score of 75/100.

Leverage

100

Gorilla Technology Group Ord Shs carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Gorilla Technology Group Ord Shs's current ratio of 3.33 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Gorilla Technology Group Ord Shs generated -$28.7M in operating cash flow, capex of $615K consumed most of it, leaving -$29.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Gorilla Technology Group Ord Shs generates a -5.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -88.6% the prior year.

Piotroski F-Score Weak

3/9

Gorilla Technology Group Ord Shs passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

2.54x

For every $1 of reported earnings, Gorilla Technology Group Ord Shs generates $2.54 in operating cash flow (-$28.7M OCF vs -$11.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$101.4M

YoY+35.7%

5Y CAGR+17.4%

Gorilla Technology Group Ord Shs generated $101.4M in revenue in fiscal year 2025. This represents an increase of 35.7% from the prior year.

EBITDA

N/A

Net Income

-$11.3M

YoY+82.6%

Gorilla Technology Group Ord Shs reported -$11.3M in net income in fiscal year 2025. This represents an increase of 82.6% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$29.3M

YoY+3.0%

Gorilla Technology Group Ord Shs generated -$29.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 3.0% from the prior year.

Cash & Debt

$99.5M

YoY+358.7%

5Y CAGR+52.3%

Gorilla Technology Group Ord Shs held $99.5M in cash against $873K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

26M

YoY+45.0%

Gorilla Technology Group Ord Shs had 26M shares outstanding in fiscal year 2025. This represents an increase of 45.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-11.1%

YoY+75.6pp

5Y CAGR+1.9pp

Gorilla Technology Group Ord Shs's net profit margin was -11.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 75.6 percentage points from the prior year.

Return on Equity

-5.8%

YoY+82.9pp

5Y CAGR+5.3pp

Gorilla Technology Group Ord Shs's ROE was -5.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 82.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$3.9M

Gorilla Technology Group Ord Shs spent $3.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$615K

YoY+13.4%

5Y CAGR-31.6%

Gorilla Technology Group Ord Shs invested $615K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 13.4% from the prior year.

GRRR Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$101.4M+35.7%	$74.7M+15.4%	$64.7M+188.7%	$22.4M-47.0%	$42.2M-7.0%	$45.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$31K+57.7%	$20K+5536.1%	$346-71.6%	$1K+1.9%	$1K+34.8%	$887
Income Tax	$341K+126.0%	-$1.3M-137.3%	$3.5M+717.0%	$430K	N/A	N/A
Net Income	-$11.3M+82.6%	-$64.8M-580.1%	$13.5M+115.4%	-$87.5M-924.0%	-$8.5M-44.4%	-$5.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q3'25	Q1'25	Q3'24	Q3'23	Q3'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

GRRR Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$271.9M+76.8%	$153.8M+33.2%	$115.4M+76.9%	$65.3M-31.3%	$94.9M	N/A
Current Assets	$234.0M+84.8%	$126.7M+63.4%	$77.5M+62.4%	$47.8M-14.5%	$55.8M	N/A
Cash & Equivalents	$99.5M+358.7%	$21.7M+308.9%	$5.3M-76.9%	$23.0M+131.2%	$9.9M-18.2%	$12.2M
Inventory	$5K0.0%	$5K-77.5%	$23K-66.3%	$69K-54.9%	$152K	N/A
Accounts Receivable	N/A	$25.7M+1672.6%	$1.4M-89.7%	$14.0M-59.7%	$34.8M	N/A
Goodwill	N/A	$2.9M-50.1%	$5.9M+10317.6%	$56K	N/A	N/A
Total Liabilities	$75.8M-6.1%	$80.7M+31.7%	$61.3M+66.9%	$36.7M-25.1%	$49.0M	N/A
Current Liabilities	$70.3M-6.7%	$75.3M+38.7%	$54.3M+92.2%	$28.3M-25.6%	$38.0M	N/A
Long-Term Debt	$873K+50.6%	$580K+2419.2%	$23K-99.7%	$8.3M+11758.2%	$70K	N/A
Total Equity	$196.1M+168.2%	$73.1M+35.0%	$54.2M+89.7%	$28.5M-37.9%	$45.9M-14.2%	$53.5M
Retained Earnings	-$159.5M-7.6%	-$148.2M-77.7%	-$83.4M+14.0%	-$97.0M-925.8%	-$9.5M	N/A

Metric	Q1'26	Q3'25	Q1'25	Q3'24	Q3'23	Q3'22
Total Assets	$162.7M+5.8%	$153.8M+15.5%	$133.1M+15.3%	$115.4M+76.9%	$65.3M-31.3%	$94.9M
Current Assets	$125.4M-1.0%	$126.7M+33.7%	$94.7M+22.2%	$77.5M+62.4%	$47.8M-14.5%	$55.8M
Cash & Equivalents	$10.1M-53.4%	$21.7M+93.4%	$11.2M+111.4%	$5.3M-76.9%	$23.0M+131.2%	$9.9M
Inventory	N/A	$5K-76.2%	$22K-5.7%	$23K-66.3%	$69K-54.9%	$152K
Accounts Receivable	$43.8M+70.6%	$25.7M+50.7%	$17.0M+1076.6%	$1.4M-89.7%	$14.0M-59.7%	$34.8M
Goodwill	N/A	$2.9M-46.3%	$5.5M-7.1%	$5.9M+10317.6%	$56K	N/A
Total Liabilities	$64.6M-20.0%	$80.7M+32.2%	$61.1M-0.4%	$61.3M+66.9%	$36.7M-25.1%	$49.0M
Current Liabilities	$58.1M-22.9%	$75.3M+37.1%	$54.9M+1.1%	$54.3M+92.2%	$28.3M-25.6%	$38.0M
Long-Term Debt	$481K-17.0%	$580K-6.4%	$619K+2591.2%	$23K-99.7%	$8.3M+11758.2%	$70K
Total Equity	$98.2M+34.3%	$73.1M+1.5%	$72.1M+33.1%	$54.2M+89.7%	$28.5M-37.9%	$45.9M
Retained Earnings	-$156.7M-5.7%	-$148.2M-81.3%	-$81.8M+1.9%	-$83.4M+14.0%	-$97.0M-925.8%	-$9.5M

GRRR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$28.7M+3.3%	-$29.6M-214.5%	-$9.4M-7.5%	-$8.8M-640.6%	$1.6M+183.4%	-$1.9M
Capital Expenditures	$615K+13.4%	$543K+82.5%	$297K-89.9%	$2.9M-60.8%	$7.5M+81.9%	$4.1M
Free Cash Flow	-$29.3M+3.0%	-$30.2M-210.4%	-$9.7M+16.9%	-$11.7M-99.4%	-$5.9M+3.2%	-$6.1M
Investing Cash Flow	$5.5M-67.2%	$16.6M+143.0%	-$38.7M-1909.4%	-$1.9M+80.6%	-$9.9M-28.1%	-$7.7M
Financing Cash Flow	$101.2M+261.7%	$28.0M-5.9%	$29.7M+25.9%	$23.6M+294.3%	$6.0M+54.5%	$3.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$3.9M	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q3'25	Q1'25	Q3'24	Q3'23	Q3'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

GRRR Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-11.1%+75.6pp	-86.8%-107.6pp	20.9%+411.5pp	-390.6%-370.4pp	-20.2%-7.2pp	-13.0%
Return on Equity	-5.8%+82.9pp	-88.6%-113.5pp	24.9%+331.6pp	-306.7%-288.1pp	-18.6%-7.5pp	-11.1%
Return on Assets	-4.2%+38.0pp	-42.1%-53.8pp	11.7%+145.8pp	-134.1%-125.1pp	-9.0%	N/A
Current Ratio	3.33+1.6	1.68+0.3	1.43-0.3	1.69+0.2	1.47	N/A
Debt-to-Equity	0.000.0	0.010.0	0.00-0.3	0.29+0.3	0.00	N/A
FCF Margin	-28.9%+11.5pp	-40.4%-25.4pp	-15.0%+37.2pp	-52.3%-38.3pp	-13.9%-0.5pp	-13.4%

Metric	Q1'26	Q3'25	Q1'25	Q3'24	Q3'23	Q3'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	2.16+0.5	1.68-0.0	1.72+0.3	1.43-0.3	1.69+0.2	1.47
Debt-to-Equity	0.000.0	0.010.0	0.010.0	0.00-0.3	0.29+0.3	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Gorilla Technology Group Ord Shs's annual revenue?

Gorilla Technology Group Ord Shs (GRRR) reported $101.4M in total revenue for fiscal year 2025. This represents a 35.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Gorilla Technology Group Ord Shs's revenue growing?

Gorilla Technology Group Ord Shs (GRRR) revenue grew by 35.7% year-over-year, from $74.7M to $101.4M in fiscal year 2025.

Is Gorilla Technology Group Ord Shs profitable?

No, Gorilla Technology Group Ord Shs (GRRR) reported a net income of -$11.3M in fiscal year 2025, with a net profit margin of -11.1%.

How much debt does Gorilla Technology Group Ord Shs have?

As of fiscal year 2025, Gorilla Technology Group Ord Shs (GRRR) had $99.5M in cash and equivalents against $873K in long-term debt.

What is Gorilla Technology Group Ord Shs's net profit margin?

Gorilla Technology Group Ord Shs (GRRR) had a net profit margin of -11.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Gorilla Technology Group Ord Shs's return on equity (ROE)?

Gorilla Technology Group Ord Shs (GRRR) has a return on equity of -5.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Gorilla Technology Group Ord Shs's free cash flow?

Gorilla Technology Group Ord Shs (GRRR) generated -$29.3M in free cash flow during fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Gorilla Technology Group Ord Shs's operating cash flow?

Gorilla Technology Group Ord Shs (GRRR) generated -$28.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Gorilla Technology Group Ord Shs's total assets?

Gorilla Technology Group Ord Shs (GRRR) had $271.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Gorilla Technology Group Ord Shs's capital expenditures?

Gorilla Technology Group Ord Shs (GRRR) invested $615K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Gorilla Technology Group Ord Shs buy back shares?

Yes, Gorilla Technology Group Ord Shs (GRRR) spent $3.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Gorilla Technology Group Ord Shs have outstanding?

Gorilla Technology Group Ord Shs (GRRR) had 26M shares outstanding as of fiscal year 2025.

What is Gorilla Technology Group Ord Shs's current ratio?

Gorilla Technology Group Ord Shs (GRRR) had a current ratio of 3.33 as of fiscal year 2025, which is generally considered healthy.

What is Gorilla Technology Group Ord Shs's debt-to-equity ratio?

Gorilla Technology Group Ord Shs (GRRR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Gorilla Technology Group Ord Shs's return on assets (ROA)?

Gorilla Technology Group Ord Shs (GRRR) had a return on assets of -4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Gorilla Technology Group Ord Shs's cash runway?

Based on fiscal year 2025 data, Gorilla Technology Group Ord Shs (GRRR) had $99.5M in cash against an annual operating cash burn of $28.7M. This gives an estimated cash runway of approximately 42 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Gorilla Technology Group Ord Shs's Piotroski F-Score?

Gorilla Technology Group Ord Shs (GRRR) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Gorilla Technology Group Ord Shs's earnings high quality?

Gorilla Technology Group Ord Shs (GRRR) has an earnings quality ratio of 2.54x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Gorilla Technology Group Ord Shs?

Gorilla Technology Group Ord Shs (GRRR) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.