London, United Kingdom--(Newsfile Corp. - December 5, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, is proud to share that its Chairman and CEO Jay Chandan was formally nominated for the 2025 Nobel Sustainability Trust "Sustainability Award" in the category of "Leadership in Implementation".The nomination reflects international acknowledgement of Gorilla's ...

Core Insights - Lumen Technologies is attempting a significant turnaround after over a decade of challenges, with potential substantial upside for investors if successful [1] - The company is currently avoiding disaster, but a full recovery may take until 2028 or 2030, with ongoing risks including a high debt load of $17.5 billion against $9 billion in revenue for the first three quarters of the fiscal year [2][6] - New business partnerships and a clear vision for the digital future, along with successful debt restructuring, are positive developments for Lumen [3] Financial Performance - Lumen has achieved a savings of $135 million in annual interest expenses year to date, indicating progress in improving its balance sheet [7] - The company's total debt has decreased from a peak of $37 billion in 2017 to the current $17.5 billion [7] Strategic Initiatives - Management is focused on becoming a key player in the artificial intelligence economy by enhancing connectivity through its existing network and simplifying services for customers [8] - The company is working on creating partnerships within an ecosystem to extend its reach and improve growth metrics [8] Market Position - Lumen is facing tough competition from larger telecom companies and has had limited success in recent years, but there is potential for investor rewards if interest rates decline and the company can refinance its debt [6]

Core Insights - Gorilla Technology Group Inc. has secured a $1.4 billion AI data center mandate, contributing to a total advanced AI and GPU infrastructure pipeline exceeding $7 billion, with phased implementation starting in early 2026 [1][10][12] Financial Performance - Record revenue growth was reported for Q3 2025, with revenue reaching $26.5 million, a 32% increase from $20.1 million in Q3 2024, driven by AI infrastructure and public safety projects across multiple regions [2][8] - The company achieved an operating income of approximately $0.4 million in Q3 2025, a significant turnaround from an operating loss of $6.0 million in Q3 2024, reflecting improved efficiency and disciplined operating expenses [3][8] - EBITDA for Q3 2025 was $0.8 million, compared to a loss of $5.6 million in Q3 2024, while net loss was nearly breakeven at $0.03 million, a substantial improvement from a loss of $7.8 million in the prior year [4][8] Cash and Debt Management - As of September 30, 2025, total debt decreased by 30% to $15.1 million from $21.4 million at the end of 2024, while unrestricted cash increased to $110.2 million, marking a 408% rise from $21.7 million at the end of 2024 [5][8][14] - The company is focused on maximizing working capital flexibility to support existing contracts and client pipeline conversion without straining the balance sheet [5][14] Earnings Per Share - Basic and diluted EPS were approximately breakeven for Q3 2025, with adjusted basic EPS at $0.26 and adjusted diluted EPS at $0.24 [6][8] Project Updates - Gorilla is actively executing 5G and AI infrastructure projects in Southeast Asia, with deployment activities accelerating, while projects in the MENA region are entering the final execution phase [9][10] Financial Outlook - For full year 2026, Gorilla expects revenue between $137 million and $200 million, supported by the initial phase of the $1.4 billion AI data center project and two major law enforcement contracts [10][11] - The company maintains its 2025 revenue guidance of $100 million to $110 million, with adjusted EBITDA expected between $20 million and $25 million [13][10]

Group 1 - Proto Labs (PRLB) reported solid results in Q3, but the post-earnings share price decline indicates investor disappointment, likely due to low-quality growth in Network and CNC machining affecting margins [1] - The surge in CNC revenue in the first quarter has not sustained, contributing to the overall margin pressure faced by the company [1] Group 2 - Narweena, an asset manager led by Richard Durant, focuses on identifying market dislocations caused by misunderstandings of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities [1] - The research process at Narweena emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and a long-term investment horizon targeting deeply undervalued stocks [1] - The investment strategy is influenced by demographic trends, such as an aging population and low population growth, which may create new opportunities in markets facing stagnation or secular decline [1] - The economic landscape is shifting towards asset-light businesses, leading to a decline in infrastructure investment needs, resulting in a large pool of capital chasing limited investment opportunities, thus driving up asset prices and compressing risk premia [1]

Core Viewpoint - Gorilla Technology Group Inc. has resolved its litigation with Culper Research through a confidential non-monetary settlement, allowing the company to focus on its growth strategy and operational results [1][2][3] Company Developments - The company has an active pipeline exceeding $5.6 billion and has secured new capital while expanding its global customer base [2][3] - Gorilla's first quarter earnings, released on June 18, 2025, demonstrate continued momentum and operational progress [3] Industry Position - Gorilla Technology Group is a global solution provider specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, serving various sectors including Government, Manufacturing, Telecom, Retail, Transportation, Healthcare, and Education [4][5] - The company leverages AI and Deep Learning technologies to enhance urban operations, security, and resilience, focusing on intelligent video surveillance, facial recognition, and advanced cybersecurity [5]

Core Points - Gorilla Technology Group Inc. has entered into a securities purchase agreement to raise $105 million through a registered direct offering of 6,000,000 ordinary shares at an offering price of $17.50 per share, with a $100 million investment from a new institutional investor and participation from an existing shareholder [1][2][9] - The gross proceeds from the offering are expected to be approximately $105 million before deducting fees and expenses, with net proceeds intended for working capital, performance guarantees, statutory capital reserves, and other corporate purposes [2][9] - Titan Partners Group is acting as the sole placement agent for the offering, which is expected to close on or about July 2, 2025, subject to customary closing conditions [3] Company Overview - Gorilla Technology Group Inc. is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, headquartered in London, UK [6] - The company offers a range of solutions across various sectors, including Smart City, Network, Video, Security Convergence, and IoT, utilizing AI and Deep Learning Technologies [6][7] - Gorilla focuses on enhancing urban operations, security, and resilience through AI-driven technologies such as intelligent video surveillance, facial recognition, and advanced cybersecurity [7]