Gorilla Announces Transformative Milestones, a $2 Billion Pipeline and Strong Growth Outlook Following Investor Webinar

Core Insights - Gorilla Technology Group Inc. is demonstrating strong momentum and strategic growth initiatives as it heads into 2025, highlighted during a recent investor webinar [1] Southeast Asia Success - The company has secured a significant smart education contract in Southeast Asia, currently in the final stages of term discussions, showcasing its capability to deliver transformative solutions [2] Robust Backlog and 2025 Outlook - Gorilla is entering 2025 with a backlog of $93 million, excluding additional projects and the Southeast Asia contract, and projects revenue between$90 million and $100 million for 2025, with an EBITDA margin of 20-25$6 to $9 million in revenue within the first year, with annual revenues projected to exceed$20 million as the collaboration progresses [4] Future Growth Focus - The company is focused on securing contracts that will drive growth in 2026 and beyond, with a clear strategy to lead in various markets including the U.S., EMEA, and Asia [5] Expansion in the United States - Gorilla is actively bidding on a project exceeding $70 million in the U.S. as part of its expansion strategy in this key market [6] Growing Project Pipeline - The company has a growing project pipeline valued at over$2 billion, which supports its long-term growth strategy through recurring revenue streams [7] Share Buyback Program Update - Gorilla has utilized $3.8 million of its$6 million authorized share buyback program, with discussions ongoing to extend the program to $9 million [8] Cash Flow Strength - The company maintains a strong financial position through consistent cash flow generation, which supports lending strategies and avoids dilution [9]