Gorilla Technology Group Ord Shs Stock Price, News & Analysis

Gorilla Technology (NASDAQ: GRRR), a global provider of AI-based security and IoT solutions, will host an investor webinar on July 10, 2025, at 8:30 a.m. ET. CEO Jay Chandan will present the company's growth strategy and recent achievements.

Key highlights include a $105 million capital raise, $93 million backlog, and a $6.6 billion opportunity pipeline. The company has provided 2025 revenue guidance of $100-110 million with EBITDA margins of 20-25%. Notable projects include a Smart City implementation in Colombia and an AI partnership with Thailand's Tourist Police.

The company's competitive advantages include 29 global patents and 23 years of innovation in AI-based Industrial IoT and Security Convergence technologies.

Gorilla Technology (NASDAQ: GRRR) has successfully closed its previously announced registered direct offering, raising $105 million through the sale of 6,000,000 ordinary shares at $17.50 per share. The offering was primarily led by a $100 million investment from a new fundamental institutional investor, with additional participation from an existing major shareholder.

The company plans to use the net proceeds for working capital needs, establishing performance guarantees and bid bonds, meeting statutory capital requirements for project bids, supporting business growth related to previous acquisitions, and general corporate purposes. Titan Partners Group, a division of American Capital Partners, served as the sole placement agent for this offering.

Gorilla Technology Group (NASDAQ: GRRR) has announced a $105 million registered direct offering of common stock, with shares priced at $17.50 per ordinary share. The offering consists of 6,000,000 ordinary shares (or pre-funded warrants) and is primarily led by a $100 million investment from a new fundamental institutional investor, with additional participation from an existing large shareholder.

The offering is expected to close around July 2, 2025, subject to customary closing conditions. Titan Partners Group, a division of American Capital Partners, is serving as the sole placement agent. The proceeds will be utilized for working capital needs, including establishing performance guarantees, bid bonds, statutory capital reserves for project bids, supporting previously announced acquisitions, and other general corporate purposes.

The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC on August 17, 2023, and declared effective on August 29, 2023.

Gorilla Technology (NASDAQ: GRRR) has entered into a definitive agreement to acquire CNS and its subsidiary CANS, two leading Thai technology solution providers. The acquisition, set to close in summer 2025, will enhance Gorilla's product portfolio with a mobile-first AI-powered customer engagement infrastructure platform.

CNS and CANS bring a substantial client base of over 200 businesses and coverage across all 77 Thai provinces. The acquisition strengthens Gorilla's presence in the ASEAN region and expands its capabilities in edge AI, cybersecurity, and intelligent service platforms.

The addressable market opportunity is significant, with the Southeast Asian Edge AI, Video Analytics, and Cybersecurity market forecast to exceed $6.8 billion by 2027. The global customer engagement software market is projected to reach $173.9 billion by 2032, growing at a 21.2% CAGR.

Gorilla Technology (NASDAQ: GRRR) reported strong Q1 2025 results with revenue surging 109% year-over-year to $18.3M. The company maintained solid cash reserves of $33.8M while reducing debt to $18.4M from $21.4M at 2024 year-end. Adjusted EBITDA increased 47.5% to $5.16M, and adjusted net income rose 46.7% to $4.47M. Adjusted EPS reached $0.23, marking a significant improvement from a $1.47 loss per share in Q1 2024. The company's pipeline now exceeds $5B in qualified leads, driven by expansion across multiple regions. Gorilla's strategic investment in One Amazon positions it as a key technology partner for rainforest IoT infrastructure deployment. The company demonstrated strong operational execution with improved profitability metrics and global market penetration.

Gorilla Technology Group Inc. (NASDAQ: GRRR) has scheduled its Q1 2025 earnings conference call for Wednesday, June 18th, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). The company will release its financial results for the quarter ended March 31, 2025, via press release prior to the call. Investors can join the call using toll-free number +1-833-752-4853 or international number +1-647-849-3362. Participants are advised to dial in 5-10 minutes before the start time. The call will also be available via webcast at https://www.gowebcasting.com/14100. For any connection issues, investors can contact RedChip Companies at 1-407-644-4256.

Gorilla Technology Group (NASDAQ: GRRR) has announced several key developments highlighting its commitment to shareholder value. The company has completed $1.8 million in share repurchases during April and May, bringing the total buyback to $5.4 million over the past 12 months. This leaves $4.6 million remaining under the $10 million authorized buyback program.

In a significant show of confidence, insider ownership has increased as directors and officers purchased additional shares, bringing their collective ownership to nearly 20% of the company. Gorilla also announced plans to release its Q1 2025 financial results in early June, with expected progress across key markets including Southeast Asia, USA, Latin America, and the UK.

[ "Significant share buyback completion of $1.8M in April-May, with total $5.4M repurchased in 12 months", "Strong insider confidence demonstrated through increased ownership to nearly 20%", "Robust cash position allowing for continued buybacks while maintaining cash buffers", "Geographic expansion across multiple key markets (Southeast Asia, USA, Latin America, UK)" ]

Gorilla Technology Group (NASDAQ: GRRR) has appointed Bruce Bower as permanent Chief Financial Officer, effective June 1, 2025. Bower, who has been serving as Interim CFO since September 2024, has demonstrated significant achievements during his tenure, including:

Under his leadership, the company has:

• Restructured the finance department
• Streamlined operations
• Enhanced financial oversight and internal controls
• Achieved full SOX compliance
• Resolved previously disclosed material weaknesses
• Secured significant partnerships

The appointment reinforces Gorilla's commitment to strengthening its financial management and corporate governance as it continues to expand its AI solutions in smart infrastructure, energy, and security sectors.

Gorilla Technology (NASDAQ: GRRR) announced the upcoming filing of its full-year audited financials for 2024 on Form 20-F with the SEC. CEO Jay Chandan highlighted 2024 as a transformative year, marking the company's expansion from Southeast Asia to India and the Middle East, with growing momentum in Europe, North America, and Latin America.

Key developments include:

• Full remediation of all previously reported material weaknesses
• Upgraded financial systems and strengthened internal governance
• Achievement of full Sarbanes-Oxley compliance
• Enhanced business development engine focused on efficient deployment

Interim CFO Bruce Bower emphasized the company's strong financial foundation and readiness to scale. The company, specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, positions itself as a leader in the AI-driven era.