Gorilla(GRRR)
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Gorilla Technology: Impressive Growth Vs. Poor Cash Flow Conversion
Seeking Alpha· 2025-01-09 08:00
Company Analysis - Gorilla Technology Group (NASDAQ: GRRR) is rated "Strong Buy" with a near-perfect score of 4.99/5.00 in Seeking Alpha's Quant Ratings system, indicating strong potential for alpha generation [1] - The company is compared to Quantum Computing (QUBT) in terms of investment appeal, suggesting it operates in a high-growth or innovative sector [1] Investment Strategy - The author employs a generalist investment approach, exploring and analyzing any sector with perceived alpha potential relative to the S&P 500 [1] - Typical holding periods range from a few quarters to multiple years, indicating a focus on medium to long-term investments [1] Author Background - The author manages a family portfolio primarily through a Self Managed Super Fund, emphasizing a structured, evidence-based investment thesis [1] - The author's performance is highlighted as a key metric for evaluating the quality of their investment recommendations [1]
Gorilla Technology Updates Share Count: A Mixed Bag for Investors?
ZACKS· 2025-01-07 15:41
Gorilla Technology Group Inc. (GRRR) recently announced its updated share count and provided its market capitalization figure. This has sparked mixed reactions among investors.Let’s see why.As of Jan. 3, 2025, the London-based company reported having 18,464,651 ordinary shares outstanding, reflecting the full conversion of all preference shares and the exercise of 2,663,750 Series A, Series B and Series C warrants. With its share price at $24.33 on Jan. 2, 2025, its market capitalization stands at $449.2 mi ...
Gorilla Technology Announces Updated Share Count, Proceeds from Warrant Exercises, and Strengthened Market Position
Newsfile· 2025-01-06 13:00
London, United Kingdom--(Newsfile Corp. - January 6, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced its updated share count, proceeds from recent warrant exercises, and an update on its market capitalisation.As of January 3, 2025, Gorilla has 18,464,651 ordinary shares outstanding. This reflects the full conversion of all preference shares, as well as the exercise of a combined total of 2,663,750 Series A, Series B, and Series C warrants. The Company has ...
Gorilla Technology Soars 34.7%: Should You Ride the AI Wave?
ZACKS· 2025-01-03 16:10
Company Overview - Shares of Gorilla Technology Group Inc (GRRR) surged 34 7% driven by strong interest from AI enthusiasts [1] - The company is a global solution provider in network intelligence security intelligence business intelligence and IoT technology based in London [1] Recent Developments - Gorilla secured two major contracts in Taiwan highlighting its growth potential and innovation [3] - The company has signed several large contracts over the past couple of years and is in advanced negotiations for more [3] - Gorilla's project pipeline surpassed $2 billion positioning the company for stable revenue and long-term growth [3] - For 2025 Gorilla anticipates generating $90-$100 million in revenues with an EBITDA margin of 20-25% [3] Financial Position and Valuation - GRRR has a forward 12-month price/sales ratio of 3 03X compared to the industry average of 6 28X making it more affordable [4] - A warrant holder exercised their warrants injecting nearly $6 million in fresh capital improving Gorilla's cash reserves and balance sheet [5] - The company has utilized $3 8 million of its $6 million share repurchase fund and plans to increase this allocation to $9 million [6] Market Performance - GRRR's stock price increased by 329% in the past year outperforming the industry average of 59 7% and the S&P 500's 26 7% rise [7] - The stock is currently trading at $24 33 close to its 52-week high with significant price swings (52Wk Range: $2 09-$25 67) [10] Industry Comparison - Coinbase Global Inc (COIN) and Cantaloupe Inc (CTLP) are better-ranked stocks in the broader Business Services space [11] - Coinbase has a Zacks Rank 1 (Strong Buy) with current-year earnings expected to jump from 37 cents to $5 23 per share and revenues projected at $5 7 billion implying 83 4% year-over-year growth [12] - Cantaloupe has a Zacks Rank 2 (Buy) with current-year earnings expected to surge 113 3% year-over-year and revenues projected to grow by 15 8% [13]
Gorilla Technology Removes Overhang from Market, Strengthens Position Through Strategic Actions
Newsfile· 2024-12-27 13:00
London, United Kingdom--(Newsfile Corp. - December 27, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), is pleased to announce the removal of a partial but a critical overhang from its shareholder base, following the exercise of warrants by one of the holders, resulting in a fresh injection of capital of nearly $6 million.This pivotal milestone injects fresh cash into the Company's reserves, Gorilla's unwavering dedication to building a fortress-like balance sheet. Simulta ...
Gorilla Technology Announces Completion of Preferred Share Conversion, Eliminating Overhang and Strengthening Capital Position
Newsfile· 2024-12-18 13:00
London, United Kingdom--(Newsfile Corp. - December 18, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced the successful completion of the conversion of its preferred shares, marking a pivotal moment in the company's capital structure. This milestone effectively eliminates any overhang associated with the preferred shares, providing clarity and a strengthened foundation for future growth.The completion of the conversion's underscores confidence in Gorilla's l ...
Gorilla Technology Boasts $2B+ Pipeline, Plans Buyback Fund Growth
ZACKS· 2024-12-17 15:30
Gorilla Technology Group Inc. (GRRR) recently announced some encouraging updates and a strong outlook for 2025. Based in London, it is a global solution provider in network intelligence, security intelligence, business intelligence and IoT technology.The technology services firm has secured a significant smart education contract in Southeast Asia, which is in the final stages of negotiations. It is set to kick off 2025 with a solid $93 million backlog, not including the smart education contract in Southeast ...
Gorilla Technology Group Gains Momentum With $2 Billion Pipeline
Seeking Alpha· 2024-12-17 03:57
Gorilla Technology Group (NASDAQ: GRRR ) , it seems, is managing to stand out in the crowded and ceaselessly active AI and IoT markets, showing some very impressive growth in 2024 and hitting a few notable milestones along the way.The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Al ...
Gorilla Announces Transformative Milestones, a $2 Billion Pipeline and Strong Growth Outlook Following Investor Webinar
Newsfile· 2024-12-16 13:00
London, United Kingdom--(Newsfile Corp. - December 16, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") today shared key updates and milestones featured during its recent investor webinar. These updates underscore the Company's strong momentum, strategic growth initiatives, and financial stability heading into 2025 and beyond.Southeast Asia SuccessGorilla has secured a large smart education contract in Southeast Asia. The agreement is currently in the final stages of term d ...
Gorilla Technology Group Adds Tech Luminary Thomas Sennhauser to Board of Directors
Newsfile· 2024-12-02 13:00
London, United Kingdom--(Newsfile Corp. - December 2, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), proudly announces the appointment of Thomas Sennhauser to its esteemed Board of Directors, effective 1st December 2024.With a stellar career spanning over two decades, Thomas brings unparalleled expertise in technology leadership, R&D and digital transformation. Currently serving as the CTO and Business Lead, APJ, at Intel Corporation, he has driven ground-breaking advanc ...