Gorilla Technology Enters into a Definitive Agreement to Acquire Innovative Technology Solution Providers CNS and CANS in Thailand, Unlocking New Revenue Streams in AI, Cybersecurity and AI-Powered Customer Engagement Infrastructure
London, United Kingdom--(Newsfile Corp. - June 24, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, has entered into a definitive agreement to acquire CNS, as well as its communication and mobility subsidiary CANS, two of Thailand's most innovative technology solution providers. The transaction is expected to close in the summer of 2025. Financial terms were not disclosed.This strategic acquisition significantly enhances Gorilla's...
2025-06-24 8:00 AM EDT
Gorilla Technology Reports First Quarter 2025: Profitability, Global Execution and Momentum Drive 109% Revenue Increase
— Q1 2025 revenue surged to $18.3 million, marking over 109% year-on-year growth. ——Total cash reserves held firm at $33.8 million, while debt was strategically reduced to $18.4 million, reinforcing our financial agility. —London, United Kingdom--(Newsfile Corp. - June 18, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported financial results for Q1 2025 which ended 31 March, 2025.Key highlights Include:Exceptional Revenue
2025-06-18 4:01 PM EDT
Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET
London, United Kingdom--(Newsfile Corp. - June 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") will hold a conference call on Wednesday, June 18th, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter of fiscal year 2025 ended March 31, 2025. Financial results will be issued in a press release before the call.Call Date: Wednesday, June 18th, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Toll...
2025-06-13 8:00 AM EDT
Gorilla Technology Shares Repurchase and Insider Ownership Updates; To Announce Q1 Earnings
London, United Kingdom--(Newsfile Corp. - May 22, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced a series of significant developments underscoring its confidence in long-term value creation and sustained operational momentum.Update on Share Repurchase Programme: Cumulative $5.4M Gorilla successfully completed the repurchase of over $1.8 million worth of its own shares in April and May, capitalising on market dislocation...
2025-05-22 8:00 AM EDT
Gorilla Technology Group Appoints Bruce Bower as Chief Financial Officer
London, United Kingdom--(Newsfile Corp. - May 14, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, is pleased to announce the appointment of Bruce Bower as Chief Financial Officer (CFO), effective 1 June 2025. Mr. Bower brings a wealth of experience in strategic financial management, capital raising and corporate governance. Since joining Gorilla as Interim CFO in September 2024, he has played a...
2025-05-14 8:00 AM EDT
Gorilla Technology Releases Full Year Audited Financials for 2024
London, United Kingdom--(Newsfile Corp. - April 30, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced that the filing of its full-year audited financials for the year ended 31 December 2024 on Form 20-F with the U.S. Securities and Exchange Commission will be made today after market close.Jay Chandan, Chairman and CEO, commented: "2024 was the year we moved from transformation...
2025-04-30 9:00 AM EDT
Gorilla Technology Files Lawsuit to Confront False Allegations and Protect Shareholders
London, United Kingdom--(Newsfile Corp. - April 16, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today filed suit against Culper Research ("Culper") and its founder, Christian Lamarco, for making false, misleading and defamatory statements in its short report on the Company dated 4 April 2025. Gorilla is seeking compensatory and punitive damages from Culper and Mr. Lamarco. The Company today issued the following statement:Gorilla Technology has always operated to the highest standards of integrity and professionalism....
2025-04-16 8:00 AM EDT
Gorilla Technology Appoints AI Visionary Satish Venkatesan to Lead Americas Innovation Drive
London, United Kingdom--(Newsfile Corp. - April 14, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced the appointment of Satish Venkatesan as Chief Solutions Strategist - Americas, effective 14 April 2025.To view an enhanced version of this graphic
2025-04-14 8:00 AM EDT
Gorilla Technology Group Signs Strategic Partnership with Toyota Material Handling Solutions (Thailand) to Power Global Smart Warehousing Transformation
Bangkok, Thailand--(Newsfile Corp. - April 7, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today, announced a landmark partnership with Toyota Material Handling Warehouse Solutions (Thailand), to co-develop intelligent warehouse automation technologies for Toyota's global customers.To view an enhanced version of this graphic, please visit:
2025-04-07 8:00 AM EDT
Gorilla Technology Exceeds 2024 Expectations with Strong Growth, Profitability and Global Expansion
-- 2024 Revenue reached $74.67M, exceeding guidance and demonstrating continued strong sales growth and execution ---- Net Income excluding one-off items, soared to $21.32M, surpassing guidance by up to 253.7%, reflecting Gorilla's strong execution, disciplined cost management and sustained profitability. --- Net Income before tax, excluding one-off items, soared to $20.06M, exceeding estimates of $8.99 million by 123.1%-- Adjusted EBITDA reached $20.62M, surpassing estimates of $11.70M by 76.2%, demonstrating Gorilla's strong operational efficiency, scalable business model, and continued momentum in...
2025-03-31 4:01 PM EDT
Gorilla Technology Sets Full Year 2024 Conference Call for March 31, 2025, at 4:30 p.m. ET
London, United Kingdom--(Newsfile Corp. - March 26, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") will hold a conference call on Monday, March 31, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the full year ended December 31, 2024. Financial results will be issued in a press release before the call.Call Date: Monday, March 31, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Toll Free: +1-844-763-8274International: +1-647-484-8814Please call...
2025-03-26 8:00 AM EDT
Gorilla Technology Dismisses Misinformation, Confirms Intention to Acquire Shares by Company and Insiders
London, United Kingdom--(Newsfile Corp. - March 24, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") issued a press statement."Gorilla Technology will not engage with baseless allegations spread by individuals charged by multiple authorities with fraud and market manipulation. Given the multiple charges filed by both the U.S. Securities and Exchange Commission (SEC) and the U.S. Department of Justice (DOJ) against those behind these claims, their credibility is highly questionable. Our legal counsels across multiple jurisdictions are...
2025-03-24 8:00 AM EDT
Gorilla Technology Named Exclusive AI & Digital Infrastructure Partner for $100B Global Edge Fund, Raises 2025 Revenue Guidance to $110M in Schwab Networks Interview
London, United Kingdom--(Newsfile Corp. - March 13, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") has announced a substantial increase in its full-year 2025 revenue guidance, raising its projection to $100-$110 million, up from the previous estimate of $90-$100 million. This strategic adjustment underscores the growing global demand for AI-driven infrastructure, national cybersecurity solutions and smart city advancements.In a worldwide exclusive on Schwab Networks, Renato Costa, CEO of Brazil Invest-Abu Dhabi Investment Fund, unveiled the launch...
2025-03-13 8:00 AM EDT
Global Edge Pledges $100M to ONE AMAZON, Advancing a Tech-Driven Conservation Model with Support from Gorilla Technology
New York, New York--(Newsfile Corp. - March 12, 2025) - ONE AMAZON, a groundbreaking initiative that transforms rainforest conservation into a market-driven investment opportunity, has secured a landmark $100 million commitment from Global Edge Worldwide Fund. This funding milestone provides the financial backing needed to bring the initiative's vision to life—deploying cutting-edge technology, blockchain-backed securities, and sustainable finance to protect the Amazon Rainforest while generating long-term economic value. Gorilla Technology Group Inc. (NASDAQ: GRRR) is also participating as a minority...
2025-03-12 4:05 PM EDT
Gorilla Technology Formally Launches Initial Phases of AI-Driven Energy Transformation Initiative
Bangkok, Thailand--(Newsfile Corp. - March 10, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") announced it has formally launched the initial phases of Thailand's largest-ever AI-driven energy transformation initiative with Thailand's Provincial Electricity Authority (the "Electricity Authority"). This significant moment took place in the presence of representatives of the Electricity Authority and representatives of the British Government, underscoring the global importance of this transformation.
2025-03-10 8:00 AM EDT
Gorilla Sets Record Straight on Baseless Market Speculation
London, United Kingdom--(Newsfile Corp. - March 6, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is responding to recent misleading and uninformed online speculation that has caused unnecessary confusion among investors. The blog post in question relies on innuendo and vague insinuations rather than facts. Notably, the author made no attempt to verify their claims with the Company before publication. Gorilla remains fully transparent in its operations, regularly disclosing financial and business updates, and stands by its...
2025-03-06 3:13 PM EST
Gorilla Technology Secures Landmark $1.8 Billion Agreement to Drive Thailand's Largest Smart Grid and AI-Powered Energy Transformation
Bangkok, Thailand--(Newsfile Corp. - March 3, 2025) - Gorilla Technology Group (NASDAQ: GRRR) has signed a historic $1.8 billion agreement to lead Thailand's largest-ever energy digitisation and infrastructure transformation initiative. Over the next 15 years, this nationwide AI-driven programme will reshape the country's electricity ecosystem, modernising power distribution, enhancing security and optimising energy efficiency at an unprecedented scale.This is not a conventional infrastructure project. Instead, Gorilla has structured an innovative financing model that allows for long-term, sustainable funding, ensuring the...
2025-03-03 8:00 AM EST
Gorilla Technology Featured in Nasdaq Amplify Issuer Spotlight: Showcasing Global Expansion and AI-Driven Innovation
London, United Kingdom--(Newsfile Corp. - February 27, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today announced that its Chief Executive Officer, Jay Chandan, was recently featured in the Nasdaq Amplify Issuer Spotlight interview series at the Nasdaq MarketSite in Times Square.Watch the full interview with Gorilla CEO Jay Chandan on Gorilla's investor relations website here.
2025-02-27 8:00 AM EST
Powering the World's First Internet of Forests - Building a Sustainable Future for Generations to Come
Miami, Florida--(Newsfile Corp. - February 18, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is proud to announce the signing of a landmark, multi-year agreement with the US based ONE AMAZON. The ONE AMAZON partnership led by Rodrigo Veloso, includes prominent organizations such as AECOM, CAF (Development Bank of Latin America), Abu Dhabi Investment Group (ADIG), MIT Media Lab and Goldman Sachs. This collaboration introduces the world's first Internet of Forests (IoF™), a revolutionary approach to...
2025-02-18 8:00 AM EST
The Port of Tyne, Gorilla Technology, and British Telecom Forge a Game-Changing Alliance to Elevate Safety with AI Video Analytics
London, United Kingdom--(Newsfile Corp. - February 12, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla"), British Telecom (BT), and the Port of Tyne are taking their partnership to the next level, expanding their cutting-edge AI video analytics deployment across the port. Having already transformed container tracking and damage classification, the focus now shifts to revolutionising safety in high-risk environments—reinforcing the port's unwavering commitment to protecting its workforce while unlocking operational efficiencies.Enhancing Safety at the Port of TyneThe collaboration will...
2025-02-12 8:35 AM EST