Gorilla Technology Group Inc · Q1 2025 earnings

Briefing

Gorilla Technology H1 revenue surges 90% to $39.3M on global contract execution

Gorilla Technology Group reported first-half 2025 results with revenue of $39.3 million, up 90.2% year-over-year from $20.7 million, driven by outstanding execution across key global security and intelligence contracts. The company posted a GAAP net loss of $8.5 million, largely due to $11.6 million in Egyptian pound currency devaluation losses, while adjusted net income (non-IFRS) was $5.7 million with adjusted basic EPS of $0.29. Gorilla reduced total debt to $18.1 million from $21.4 million at year-end 2024 and subsequently raised $105 million in a July equity offering. New contracts signed with Port of Tyne (UK), Wan Hai Port and ADE Corporation (Taiwan) expand its $5B+ pipeline.

• H1 revenue $39.3M (+90.2% YoY); gross profit $13.4M despite higher cost of revenue
• GAAP net loss $8.5M driven by $11.6M Egyptian pound FX losses; adjusted net income $5.7M
• Adjusted basic EPS $0.29 (non-IFRS) vs GAAP loss per share of $(0.43)
• Debt reduced to $18.1M from $21.4M; completed $105M equity offering in July 2025
• Signed new AI surveillance and financial-flow analysis contracts in Taiwan and UK

Headline financials

Revenue & EPS history