Gorilla Technology Group Inc. provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata. The company also provides information technology (IT) and operational technology (OT) security convergence AI algorithms for system administrators and security engineers to detect suspicious behaviors in real time; network anomaly detection AI models; and endpoint malware and suspicious behavior detection AI models. In addition, it offers intelligent video analytics (IVA) appliances to analyze and turn unstructured video and picture data into structured data; IVAR appliance that provides insight into business and operations in a statistic dashboard; smart attendance to track employee health and safety, work hours, clock-ins/outs, and absenteeism, as well as to protect company assets and intellectual properties; event and video management system appliances to store event/object attributes in temporal-spatial big data database from Gorilla; and operation technology security appliance to monitor and control physical devices, processes, and infrastructure, as well as to protect industrial systems and networks from various threats. Further, the company provides smart retail SaaS for shopper demographics, visualized shopper behavior, and advanced data analytics, smart city and transportation SaaS for traffic management, public safety, and planning data; and endpoint security SaaS that protects endpoints against security threats. Gorilla Technology Group Inc. was incorporated in 2001 and is based in Taipei, Taiwan.
IPO Year:
Exchange: NASDAQ
Website: https://www.gorilla-technology.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/26/2023 | $4.80 | Overweight | Cantor Fitzgerald |
ORLANDO, FL / ACCESSWIRE / October 18, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics, Inc. (NYSE:CLDI) and Gorilla Technology Group Inc. (NASDAQ:GRRR) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, October 19, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:Calidi: https://www.redchip.com/assets/access/cldi_accessGorilla Technology: https://www.redchip.com/assets/access/grrr_accessIn an exclusive interview, Stephen Thesing, Chief Business Officer of Calidi, appears on the RedChip Small Stocks Big Money™ show on Bloombe
London, United Kingdom--(Newsfile Corp. - September 30, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") today announced its financial results for the first half of 2024, showcasing a remarkable period of unprecedented growth and profitability. This outstanding performance underscores Gorilla's rapid ascent as a leading AI-driven enterprise, delivering transformative technology solutions across global markets.Key Financial Highlights (Jan-Jun 2024):Revenue: Gorilla Technology Group recorded $20.67 million in revenue, marking an impressive 222% increase from $6.43 million in H1 2023, reflecting significant market penetration and accelerated demand for its cutti
ORLANDO, FL / ACCESSWIRE / September 27, 2024 / RedChip Companies will air interviews with Gorilla Technology Group Inc. (NASDAQ:GRRR) and MUSQ Global Music Industry ETF (NYSE:MUSQ) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, September 28, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:Gorilla Technology: https://www.redchip.com/assets/access/grrr_accessMUSQ Global Music Industry ETF: https://www.redchip.com/assets/access/musq_accessJay Chandan, CEO and Chairman of Gorilla Technology, appears on the RedChip Small Stocks, Big Money™ show on B
LONDON, May 17, 2024 (GLOBE NEWSWIRE) -- 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 the release of its full year audited financials for 2023 on their form 20-F with the SEC. "We have cemented our position in the AI landscape and this is just the beginning," said Jay Chandan, Chairman & CEO of Gorilla. "Our outstanding financial performance and momentum aims to set the stage for even greater achievements in 2024, as we have further cemented our position in the AI landscape. With a powerful sales pipeline and a strategy focused o
-- 2023 revenues up 189% YoY compared to 2022, highlighting continued success globally ---- High value product and services business model reflected in 2023 gross margin of 69% ---- Total net income of $19.9 million, compared to ($87.5 million), a 123% increase YoY ---- Adj. EBITDA of $29.0 million, compared to ($6.0) million, a 587% increase YoY -- LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- 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 the fiscal year ending December 31, 2023. 2023 Financial Highlights Rev
– Q3 revenues far exceeded total revenue of 2022 – – High value Product driven & Services business model reflected in 76.5% gross margin –– Won sales exceeded internal target of $68 million, standing at $300 million (a 441% increase) –– Achieved discounted run rate revenues of $88 million in Q3 –– Solid visibility with sales pipeline over $1 billion – LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI-based edge video analytics, IoT technologies, and security convergence, today reported financial results for the nine months ending September 30, 2023. YTD Highlights Surging Revenue: Nine-month revenue of $37.9 milli
LONDON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that the company's first half 2023 financial results will be released after the U.S. financial markets close on Wednesday, August 9, 2023. The Company will host a conference call on Thursday, August 10, 2023 at 8:00 a.m. Eastern Time to discuss the Company's financial results and financial guidance. Participants can join by pre-registering for the conference call: https://register.vevent.com/register/BI893caab68279417ab708439c22654b4f Upon registering, you will be emailed a dial-in num
LONDON, March 31, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, announced today that the company's full year 2022 financial results will be released after the U.S. financial markets close on Tuesday, April 4, 2023. The Company will host a conference call on Wednesday, April 5, 2023 at 8:00 a.m. Eastern Time to discuss the Company's financial results and financial guidance. Participants can join by pre-registering for the conference call: https://register.vevent.com/register/BId1e820d88a8c47e697a1491cc3d77ba2 Upon registering, you will be emailed a dial-in number
TAIPEI, Taiwan and NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI based edge video analytics, IoT technologies, and cybersecurity, today announced it has completed the acquisition of the tech stack of SeeQuestor Limited ("SeeQuestor"), a global provider of video analytics technology. The completion of this strategic and highly complementary acquisition of SeeQuestor's technology will accelerate the delivery of hybrid video analytics at the edge across the industry and enable Gorilla to offer more integrated services and thus obtain stronger competitive advantage. "The acquisition brings together SeeQuestor's be
- To meet with increasing client & partner demands- Help further strategic expansion into Latin American marketLondon, United Kingdom--(Newsfile Corp. - November 21, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), is pleased to announce the opening of its new office in Seattle, marking a significant milestone in the Company's strategic expansion into the U.S. market. This move underscores Gorilla's commitment to advancing smart city initiatives and enhancing its product portfolio to meet the growing demand for intelligent urban solutions.Strategic Expansion into the U.S. MarketThe Seattle office will serve as a central hub for Gorilla's ope
London, United Kingdom--(Newsfile Corp. - October 29, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), today announced its guidance for fiscal years 2024 and 2025, highlighting strong revenue growth, major new contract wins and continued global expansion across key regions.Following the company's recent webinar (GRRR WEBINAR OCT 24), Gorilla has reaffirmed its robust outlook for 2024, while projecting even stronger growth in 2025, driven by new contracts and significant strategic partnerships in Asia, MENA and Latin America.2024 Projections and Strong Financial PositionGorilla projects 2024 revenues to reach $72 million, with an EBITDA margin of over 20%, and
London, United Kingdom--(Newsfile Corp. - October 18, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") is pleased to invite investors to a webinar on October 24, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Gorilla Technology's Chairman and CEO, Jay Chandan, recently appointed interim-CFO Bruce Bower, who brings extensive experience in finance and strategy for tech startups, and John Roy, PhD, Managing Director of Water Tower Research, a former lead analyst at UBS and Merrill Lynch with over 20 years of experience covering technology stocks. Attendees will gain insight into the Company's position as a leader in deliveri
ORLANDO, FL / ACCESSWIRE / October 18, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics, Inc. (NYSE:CLDI) and Gorilla Technology Group Inc. (NASDAQ:GRRR) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, October 19, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:Calidi: https://www.redchip.com/assets/access/cldi_accessGorilla Technology: https://www.redchip.com/assets/access/grrr_accessIn an exclusive interview, Stephen Thesing, Chief Business Officer of Calidi, appears on the RedChip Small Stocks Big Money™ show on Bloombe
Redefining Network Infrastructure - Simplified, Secure and Built for TomorrowLondon, United Kingdom--(Newsfile Corp. - October 14, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), is proud to announce the launch of Gorilla Intelligent Network Director - a groundbreaking platform designed to simplify connectivity and amplify productivity for businesses of all sizes.In an era where businesses cannot afford even a moment of downtime, traditional networks are becoming obsolete. Gorilla Intelligent Network Director shatters those limitations with a future-ready solution that merges intelligent automation, seamless integration and security; all wrapped into one pla
London, United Kingdom--(Newsfile Corp. - October 8, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") has announced a strategic partnership with NC Digy Smart Cities, a renowned Miami-based smart cities integrator, alongside AECOM (NYSE:ACM) one of the world's most trusted infrastructure consulting firms, also headquartered in Miami. This collaboration is set to transform the landscape of urban development across Latin America and the United States, harnessing advanced technologies to build and deploy next-generation smart cities.The partnership marks a monumental step in the evolution of smart city infrastructure, targeting one of the most significant growth
London, United Kingdom--(Newsfile Corp. - October 3, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), today issued a firm statement regarding its uncompromising approach to safeguarding the integrity of its stock. The Company has been relentless in policing trading activities around its securities and is deeply concerned by what it sees as ongoing manipulation attempts.In August 2023, Gorilla announced that an investigation of suspicious trading activity had uncovered evidence suggesting manipulation of its share price. In June and again in September this year, Gorilla identified further suspicious trading activity. This suspected manipulation was promptly an
London, United Kingdom--(Newsfile Corp. - September 30, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") today announced its financial results for the first half of 2024, showcasing a remarkable period of unprecedented growth and profitability. This outstanding performance underscores Gorilla's rapid ascent as a leading AI-driven enterprise, delivering transformative technology solutions across global markets.Key Financial Highlights (Jan-Jun 2024):Revenue: Gorilla Technology Group recorded $20.67 million in revenue, marking an impressive 222% increase from $6.43 million in H1 2023, reflecting significant market penetration and accelerated demand for its cutti
ORLANDO, FL / ACCESSWIRE / September 27, 2024 / RedChip Companies will air interviews with Gorilla Technology Group Inc. (NASDAQ:GRRR) and MUSQ Global Music Industry ETF (NYSE:MUSQ) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, September 28, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:Gorilla Technology: https://www.redchip.com/assets/access/grrr_accessMUSQ Global Music Industry ETF: https://www.redchip.com/assets/access/musq_accessJay Chandan, CEO and Chairman of Gorilla Technology, appears on the RedChip Small Stocks, Big Money™ show on B
Bangkok, Thailand--(Newsfile Corp. - September 23, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") and CS Energy Technology Co., Ltd., one of Asia's leading energy infrastructure providers, have announced a strategic cooperation agreement. This collaboration marks a transformative step in developing innovative solutions for smart and green cities across Thailand and Southeast Asia to shape a sustainable future.A Synergistic Vision for Smart Cities and SustainabilityThis partnership will leverage the combined strengths of both companies: Gorilla Technology's leading expertise in AI, cybersecurity, IoT and OT security, alongside CS Energy's comprehensive infras
Cantor Fitzgerald initiated coverage of Gorilla Technology Group with a rating of Overweight and set a new price target of $4.80
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London, United Kingdom--(Newsfile Corp. - September 9, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), today announced a ground-breaking joint venture agreement with Lanner Electronics, set to manufacture Gorilla's Next Generation Security Convergence appliances in Thailand.The joint venture between Lanner and Gorilla, following their recent MOU, represents a significant enhancement within Lanner's existing facility in Thailand. This development introduces a new line of Artificial Intelligence (AI)-enabled cybersecurity products, tailored to meet the growing needs of global organizations. With a focus on localization, Gorilla aims to strengthen its regional
London, United Kingdom--(Newsfile Corp. - September 3, 2024) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") is pleased to announce the appointment of Bruce Bower as Interim Chief Financial Officer (CFO). A seasoned finance executive, he brings over two decades of robust experience in strategic financial management, capital raising and corporate governance to Gorilla at a crucial juncture in the company's growth trajectory.Bruce Bower – Interim CFO To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10783/221607_357bc3b8d4a58b44_001full.jpgBruce has a distinguished track record of driving financial excellence across diver
LONDON, July 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), a global solutions provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced Keith Levy, former Head of Corporate Derivatives Trading for Bank of America, has joined Gorilla's Board of Directors. "We are delighted to welcome Keith Levy to our Board of Directors. His vast experience and proven leadership in the financial sector will be invaluable as we continue to drive innovation and growth," said Gorilla Chairman and CEO Jay Chandan. "His insights and strategic vision align perfectly with our mission to redefine the t
TAIPEI, Taiwan and NEW YORK, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a global provider of AI based edge video analytics, IoT technologies, and cybersecurity, today announced Dr. Evan Medeiros has joined the company's Board of Directors, effective today. Gorilla also announced that Tomoyuki Nii has resigned from the Board of Directors. Dr. Medeiros is a renowned expert in international politics and business. A former White House senior advisor to President Obama, he is currently the Penner Family Chair in Asia Studies at Georgetown University's School of Foreign Service. His research and teaching focuses on the international politics of E
TAIPEI, Taiwan and NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ:GRRR), a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity today announced the appointment of industry veteran Max Lin as the General Manager, Taiwan. Max has more than 18 years of extensive experience in the technology sector with start-ups, SMEs, and global companies. Based in Taipei, Max has a deep understanding of the Taiwanese market and has extensive experience working with a multicultural team to expand the business regionally and globally. This, coupled with his expertise in customer service, product management, brand management, sale
TAIPEI, Taiwan and NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: "GRRR" for ordinary shares and "GRRRW" for warrants) ("Gorilla" or the "Company"), a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity, today reported its unaudited financial results for the half year ended June 30, 2022. 1H22 Highlights: Strategic pivot to Security Convergence gaining traction, with segment revenue up 63.9% y/y; contributing 49.8% of total group revenue, versus 27.8% in the first half of 2021Pivot away from Video IoT as anticipated, with segment revenue decreased 36.5% y/y as projects are completedFirst half of 2022 gr
TAIPEI, Taiwan, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla"), a global leader in edge artificial intelligence ("Edge AI") headquartered in Taiwan, today announced the appointment of Hee-Won Choi as its Global Head of People & Human Resources. Hee-Won has more than 14 years of extensive HR experience committing to both in-house and outsourcing specializations of global organizations. She has accumulated living & working experience and cultural understanding of Beijing, Shanghai, Singapore, Hong Kong, Taiwan and the United Kingdom gaining regional human resource, legal and payroll knowledge of more than 14 APAC countries. Previously Hee-Won held the role of
TAIPEI, Taiwan and NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ:GRRR), a leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity, today announced the appointment of Executive Chairman Jayesh (Jay) Chandan to CEO, effective immediately. Chandan succeeds founder and CEO Dr. Spincer Koh who is entering retirement following his more than two-decade long commitment to the company. "Gorilla is at an exciting nexus point, following its recent listing as a publicly traded company with working capital, strong growth momentum and international expansion in our sight line. As the edge computing market continues to s
Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company") today released a letter to its stockholders. The letter follows: Gorilla Stockholders,We, at Gorilla Technology, understand that the recent drop in our stock share price may have caused concern. However, I want to assure you that we are diligently navigating these turbulent waters and making significant progress in our core projects. Before addressing the market concerns, I am excited to share some of our recent achievements that underscore our commitment to excellence and innovation.We are on a roll and have recently secured three significant projects in Taiwan, focused on one of the very first Roaming Lawful Intercept
Gainers One Stop Systems (NASDAQ:OSS) stock increased by 24.8% to $2.6 during Monday's regular session. The company's market cap stands at $54.2 million. Wetouch Technology (NASDAQ:WETH) stock increased by 24.73% to $2.23. The market value of their outstanding shares is at $26.6 million. iLearningEngines (NASDAQ:AILE) stock moved upwards by 23.15% to $5.85. The company's market cap stands at $785.7 million. U-BX Technology (NASDAQ:UBXG) stock increased by 21.4% to $8.96. The company's market cap stands at $241.9 million. Brand Engagement Network (NASDAQ:BNAI) stock increased by 19.9% to $4.88. The company's market cap stands at $172.2 million. Spectaire Holdings (NASDAQ:SPEC) stock ros
Shares of GameStop Corp. (NYSE:GME) fell sharply during Friday's session after the company released worse-than-expected first-quarter results before schedule and filed to sell up to 75 million shares. GameStop released its first-quarter 2024 results early Friday ahead of its scheduled June 11 date. The company reported net sales of $881.8 million, down from $1.237 billion year-over-year. The net sales total missed a consensus estimate of $995.3 million. The company reported a loss of 12 cents per share, missing the estimate of a loss of 9 cents per share, according to data from Benzinga Pro. GameStop shares dipped 22.5% to $36.07 on Friday. Here are some other stocks moving in today
Gainers Presto Automation (NASDAQ:PRST) shares rose 27.9% to $0.1 during Friday's regular session. The company's market cap stands at $11.3 million. SMX (Security Matters) (NASDAQ:SMX) shares rose 17.46% to $0.17. The market value of their outstanding shares is at $6.6 million. Wetouch Technology (NASDAQ:WETH) stock moved upwards by 14.46% to $1.73. The market value of their outstanding shares is at $20.6 million. Soluna Holdings (NASDAQ:SLNH) stock moved upwards by 14.17% to $2.82. The company's market cap stands at $11.0 million. WiSA Technologies (NASDAQ:WISA) stock rose 12.09% to $2.69. The market value of their outstanding shares is at $12.5 million. Brand Engagement Network (NASD
Gorilla Technology Group Inc. ("Gorilla" or the "Company") (NASDAQ:GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that it has entered into securities purchase agreements with existing institutional investors for the purchase and sale of 2,142,858 ordinary shares of the Company and warrants to purchase up to 2,142,858 ordinary shares pursuant to a registered direct offering (the "Offering") at a combined purchase price of $5.60 per ordinary share and accompanying warrant to purchase ordinary shares. The warrants will have an exercise price of $5.90 per share, will be immediately exercisable upon issu
Offering Includes Sale Of 2,142,858 Ordinary Shares And Warrants To Purchase 2,142,858 Ordinary Shares At $5.60 Per Share; Warrants Exercisable At $5.90 Per Share, Expiring 5 Years From Issuance
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 its strategic partnership with SINTRONES Technology Corp., a Taiwanese global provider of leading in-vehicle computer solutions. The partnership will combine SINOTRONES' innovative in-vehicle computing technologies with Gorilla's comprehensive smart city management and intelligent video analytics platform to enhance solutions in autonomous driving and efficient fleet management. By leveraging 5G networks, the collaboration will enable Gorilla to focus on research and development of high-p
Gorilla Technology Gr (NASDAQ:GRRR) reported quarterly earnings of $1.64 per share which beat the analyst consensus estimate of $0.13 by 1161.54 percent. The company reported quarterly sales of $64.695 million which missed the analyst consensus estimate of $65.255 million by 0.86 percent. This is a 188.70 percent increase over sales of $22.409 million the same period last year.
Gainers TSR (NASDAQ:TSRI) shares rose 69.2% to $13.1 during Thursday's pre-market session. The market value of their outstanding shares is at $28.4 million. Sequans Communications (NYSE:SQNS) shares increased by 19.97% to $0.58. The company's market cap stands at $36.0 million. My Size (NASDAQ:MYSZ) shares increased by 15.6% to $6.15. The company's market cap stands at $3.9 million. Brand Engagement Network (NASDAQ:BNAI) shares increased by 15.23% to $1.21. The market value of their outstanding shares is at $40.3 million. As per the press release, Q1 earnings came out 2 days ago. Gorilla Tech Gr (NASDAQ:GRRR) stock moved upwards by 12.26% to $5.86. The market value of their outstanding