Gorilla Technology Group Inc. (NASDAQ: GRRR), a leading global provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced its robust financial results for the first quarter ended March 31, 2025. The company demonstrated significant growth, global execution, and sustained momentum, driving a 109% year-on-year revenue increase.
Gorilla Technology’s Q1 2025 revenue surged to $18.3 million, highlighting exceptional growth fueled by several critical global agreements. This performance underscores Gorilla’s operational strength, market credibility, and leadership in AI-powered security and infrastructure solutions.
The company maintains a strong financial position, closing Q1 with a healthy $33.8 million in total cash reserves, including $20.8 million in unrestricted cash. Gorilla strategically reduced its debt to $18.4 million, down from $21.4 million at year-end 2024. This disciplined debt reduction enhances capital efficiency and frees up pledged deposits, reinforcing a balance sheet built for scalability and speed.
Gorilla also reported significant gains in profitability metrics. Adjusted EBITDA reached $5.16 million, marking a 47.5% increase from $3.50 million in Q1 2024, demonstrating expanding operating leverage and a profitable growth trajectory. Adjusted net income rose by 46.7% to $4.47 million, compared to $3.05 million in the prior-year quarter, showcasing strong underlying earnings power and effective margin control despite global expansion. Furthermore, Adjusted EPS climbed to $0.23, a sharp turnaround from a basic loss per share of $1.47 in Q1 2024.
The company made a strategic SAFE investment in One Amazon, solidifying a pivotal partnership in global sustainability. As the core technology partner, Gorilla is deploying large-scale IoT infrastructure across the Amazon rainforest, cementing its position as a front-runner in climate intelligence and next-generation environmental innovation.
Gorilla Technology continues to accelerate its global momentum, with its qualified pipeline now exceeding $5 billion. This robust pipeline, featuring leads with clear intent and budget, is a result of rapid expansion across the United States, MENA, Southeast & East Asia, South America, and the United Kingdom. The company’s growing contract base, proven execution track record, and strong market demand position it as a global force in AI-powered transformation.
Jay Chandan, CEO of Gorilla Technology, stated, “Gorilla launched into 2025 with power, precision, and clarity of purpose. This quarter proves our trajectory. Revenue is up, margins are firm, and profitability is now embedded. With momentum on our side, we are converting our pipeline at scale, compounding growth across borders, and deepening trust with the world’s most ambitious partners.”
Chandan added, “From reshaping energy infrastructure in Thailand to enabling climate-tech at scale in the Amazon, Gorilla is quickly becoming the default partner for governments and mid-sized enterprises looking to future-proof their nations. With a strong revenue pipeline and cash base, alongside our relentless operational focus, we are entering our next phase – one of acceleration, execution, and measurable value creation.”
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News Source: Finance.Yahoo.com
