Gorilla Technology Group Inc. director and CEO/Chairman Chandan Jayesh reported his initial ownership in a Form 3. He directly holds 1,095,471 ordinary shares, plus restricted stock units that can convert into additional shares.
These include 119,178 RSUs granted under the 2023 Omnibus Incentive Plan that vest on July 13, 2026, subject to continuous service and award terms. He also holds 550,000 performance-based RSUs tied to market capitalization milestones: 250,000 shares if market cap exceeds $500 million, and an additional 100,000 shares at each of $1 billion, $2 billion, and $3 billion for 20 consecutive trading days before January 1, 2030, subject to service and award conditions.
Gorilla Technology Group Chief Financial Officer Bower Bruce filed an initial ownership report listing his positions in the company’s ordinary shares. He reports direct holdings of 46,506 and 76,784 ordinary shares in two separate entries, plus 1,600 ordinary shares held indirectly through Canarias Holding Ltd, an entity owned by his spouse.
Gorilla Technology Group Inc. director and CTO – Infrastructure Thomas Sennhauser filed an initial ownership report showing his equity position. He holds 52,537 ordinary shares directly and 76,274 restricted stock units under the 2023 Omnibus Incentive Plan, each RSU representing one ordinary share.
One-fourth of these RSUs vest on November 1, 2026, with the remainder vesting in equal monthly installments from December 1, 2026 through November 1, 2029, subject to his continued service and the award’s terms.
Gorilla Technology Group Inc. director Kelly Ruth filed an initial ownership report showing existing equity interests rather than new trades. The filing lists 14,301 restricted stock units, each convertible into one ordinary share, that vest on the earlier of July 13, 2026 or a change in control, subject to continued service. It also reports direct ownership of 121,627 ordinary shares following the reported positions.
Gorilla Technology Group Inc. director Levy Keith filed an initial ownership report showing his equity position in the company. He directly holds 41,111 Ordinary Shares and 10,964 Restricted Stock Units (RSUs), each RSU representing one Ordinary Share. These RSUs were granted under the 2023 Omnibus Incentive Plan and vest on the earlier of July 13, 2026 or a change in control, subject to continued service and award terms.
Gorilla Technology Group Inc. director Evan S. Medeiros reported his initial equity holdings in a Form 3 filing. He holds restricted stock units (RSUs) that will vest on the earlier of July 13, 2026, or a change in control of the company, subject to his continuous service and award terms.
Each RSU represents the right to receive one ordinary share of Gorilla Technology. Following this reporting, Medeiros holds 10,964 RSUs tied to ordinary shares and 38,726 ordinary shares directly.
Gorilla Technology Group Inc. director Walker Gregg filed an initial statement of beneficial ownership. He reports direct ownership of 44,608 ordinary shares and restricted stock units tied to 10,964 ordinary shares. These RSUs were granted under the 2023 Omnibus Incentive Plan and vest on the earlier of July 13, 2026, or a change in control, subject to continued service and award terms.
Gorilla Technology Group Inc. reported a strong 2025 with record revenue and sharply reduced losses. Full-year revenue reached $101.4 million, up from $74.7 million in 2024, a 35.7% increase driven by AI infrastructure, public safety and enterprise programs in key markets.
IFRS operating loss narrowed to $13.7 million from $66.9 million, while IFRS net loss improved to $11.3 million from $64.8 million. Adjusted EBITDA was $19.1 million and adjusted net income was $19.9 million, with adjusted basic EPS of $0.89 versus an IFRS basic loss per share of $0.51.
Total operating expenses fell 54.4% to $47.5 million, reflecting tighter cost control. The company exited 2025 with $104.8 million of total cash and $13.8 million of total debt, creating a strong net cash position. Operating cash outflow remained sizeable at $28.9 million, but cash was boosted by $101.2 million from financing activities, including equity and preferred issuances.
Gorilla repurchased $3.5 million of shares in 2025 and a further $3.0 million in early 2026. In the first two months of 2026, it collected more than $22 million from major customers, and as of February 26, 2026 held $108.4 million of unrestricted cash and $116.6 million of total cash. Management highlights a sales pipeline above $7 billion, focused on AI and data center infrastructure in Asia and the Middle East.