Gorilla Technology Group Inc
NASDAQ:GRRR
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Gorilla Technology Group Inc
NASDAQ:GRRR
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Gorilla Technology Group Inc
Gorilla Technology Group Inc is a KY-based company operating in Software industry. The company is headquartered in Claymont, Delaware. Global SPAC Partners Co. is a blank check company. The firm is for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination, involving one or more businesses. The firm has not identified any acquisition target but intends to identify a business combination target within the Middle East, North Africa (MENA) or South and Southeast Asian regions. The firm is not engaged in any business and has not generated any revenue.
Gorilla Technology Group Inc is a KY-based company operating in Software industry. The company is headquartered in Claymont, Delaware. Global SPAC Partners Co. is a blank check company. The firm is for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination, involving one or more businesses. The firm has not identified any acquisition target but intends to identify a business combination target within the Middle East, North Africa (MENA) or South and Southeast Asian regions. The firm is not engaged in any business and has not generated any revenue.
Record Quarter: Gorilla reported its strongest quarter ever with revenue, operating profit, and breakeven net income all ahead of expectations.
Beats on Key Metrics: Revenue, gross profit, operating income, EBITDA, and adjusted net income all surpassed consensus estimates; EPS was in line.
Strong Balance Sheet: The company now has over $121 million in total cash, over $109 million in unrestricted cash, and has reduced debt to $15.1 million.
Guidance Maintained: 2025 revenue guidance remains $100–110 million; 2026 guidance is $137–200 million, based on contracted backlog and a major data center deal.
Contract Wins: Gorilla secured a $1.4 billion data center contract in Southeast Asia, with $100 million annual revenue expected from its first phase starting 2026.
Robust Pipeline: The company reported a $7 billion pipeline, mainly from governments and telcos, none of which is yet included in 2026 guidance.
Diversification: Revenue mix is shifting to include more enterprise clients and Southeast Asia, reducing reliance on government projects.
Profitability & Scale: Gorilla achieved real operating profit while scaling up investments, with EBITDA margins guided at 15–25% for 2026.
