Gorilla Technology Group Inc. (GRRR)

NASDAQ: GRRR · IEX Real-Time Price · USD
0.837
-0.003 (-0.35%)
At close: Feb 27, 2024, 4:00 PM
0.820
-0.017 (-2.02%)
After-hours: Feb 27, 2024, 7:57 PM EST
-0.35%
Market Cap 66.89M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 79.64M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 953,288
Open 0.815
Previous Close 0.840
Day's Range 0.802 - 0.850
52-Week Range 0.479 - 12.360
Beta n/a
Analysts Buy
Price Target 5.90 (+604.9%)
Earnings Date Apr 18, 2024

About GRRR

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 algori... [Read more]

Sector Technology
Founded 2001
Employees 244
Stock Exchange NASDAQ
Ticker Symbol GRRR
Full Company Profile

Financial Performance

In 2022, GRRR's revenue was $22.41 million, a decrease of -46.95% compared to the previous year's $42.24 million. Losses were -$87.54 million, 924.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GRRR stock is "Buy." The 12-month stock price forecast is $5.9, which is an increase of 604.90% from the latest price.

Price Target
$5.9
(604.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gorilla Announces $10 Million Registered Direct Offering of Convertible Preferred Stock

LONDON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, an...

12 days ago - GlobeNewsWire

Gorilla Technology Lands Groundbreaking Deal with Major Hospital Network in Thailand

-- Establishes groundwork for further expansion in the region and globally –- -- A leading Video Management System with Intelligent Video Analytics in Thailand-- LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE)...

15 days ago - GlobeNewsWire

Gorilla Technology Expands Middle East and Northern Africa Operations as Part of Global Expansion Strategy

-- Opens New Egyptian Office in Cairo -- -- Expanding Regional Presence Through Value-Added Services -- -- Strategic Initiatives to Propel Success -- LONDON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gorilla ...

20 days ago - GlobeNewsWire

Gorilla Technology Group Reports Results Through Third Quarter 2023

– 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...

22 days ago - GlobeNewsWire

Gorilla Expands Global Presence with New Distribution Company in Egypt and Commits to Invest Up to $100 Million to Support Regional Growth

• Commitment to invest up to $100 million underscores dedication to contributing to the development of the region • Enables Gorilla to efficiently manage operations and support customers in Egypt and ...

2 months ago - GlobeNewsWire

Gorilla Technology Group Collaborates with Red Hat to Bring State-of-the-Art Cloud Infrastructure to Smart Government Security Convergence Solutions

LONDON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and security convergence, toda...

2 months ago - GlobeNewsWire

Gorilla Technology Group Announces Business Update

LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global provider of Smart Country AI, IoT technologies, and Cybersecurity, today updated investors ...

2 months ago - GlobeNewsWire

Gorilla Technology Group Announces Strategic Partnership with GST Egypt to Provide Networking Capabilities and Manufacturing Facilities in MENA

LONDON, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global provider of Smart Country AI, IoT technologies, and Cybersecurity, today announced a strat...

5 months ago - GlobeNewsWire

Gorilla Announces $25 Million Registered Direct Offering of Convertible Preferred Stock

LONDON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today anno...

5 months ago - GlobeNewsWire

Gorilla Technology Group Partners with Latin-American Security and Defense Solutions Provider Protactics

Partnership creates opportunities to further expand Gorilla's global footprint to LATAM Partnership creates opportunities to further expand Gorilla's global footprint to LATAM

5 months ago - GlobeNewsWire

S&P Global Market Intelligence Initiates Coverage of Gorilla Technology in 451 Research Report

LONDON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and security convergence, tod...

6 months ago - GlobeNewsWire

Gorilla Technology Commences Smart Government Project in Egypt, Marking A New Era in AI Innovation

LONDON, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, with the r...

6 months ago - GlobeNewsWire

Gorilla Technology Group Completes Contract Signing and Commences Project to Provide 5G Telecom and Network Investigation Solution to Major Taiwanese Law Enforcement Agency

--Multiyear Contract Signed to Provide One of the World's First 5G Smart Law Enforcement Solutions-- --Project Worth USD$20.8M was Awarded in June; to be Completed by 2025--

6 months ago - GlobeNewsWire

Gorilla Technology Files Universal Shelf Registration Statement on Form F-3

LONDON, Aug. 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 annou...

6 months ago - GlobeNewsWire

Gorilla Technology Group Reports First Half 2023 Financial Results

– Year-on-year growth in fiscal 2023 will be nearly 300% in constant currency – – Booked sales exceeded internal target of $41 million, standing at $272 million (a 563% increase) – – Revenue guidance ...

7 months ago - GlobeNewsWire

Gorilla Technology Group Hires Global Economics Group for Due Diligence, Advancing in Battle Against Illegal Short Selling; Takes Aggressive Action to Defend Stock from Manipulation

-- Investigation Has Uncovered Evidence of Illegal Trading Activity-- --Taking Aggressive Action to Safeguard Shareholder Interests-- LONDON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group...

7 months ago - GlobeNewsWire

Gorilla Technology to Announce First Half 2023 Results and Host Conference Call

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 annou...

7 months ago - GlobeNewsWire

Gorilla Technology Enters Strategic Relationship with British Telecom for AI-Powered Innovative Smart Port Solution

-- Video Analytics Suite for Container Identification and Damage Detection -- -- Innovation deployed at the Port of Tyne in UK -- LONDON, July 20, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc...

7 months ago - GlobeNewsWire

Gorilla Technology Skyrockets 124% On Smart Government Contract

Gorilla Technology Group NASDAQ: GRRR shares experienced a remarkable surge higher on Friday, with the stock soaring by 124% following breaking news. The company secured a significant contract for a m...

8 months ago - MarketBeat

Gorilla Technology Signs Contract to Deploy Massive Smart Government Project in Egypt

–Will implement government security convergence solution in Egypt– –Largest contract in company history– –Tangible success in globalization strategy–

8 months ago - GlobeNewsWire

Gorilla Technology Group Wins Multi-Million Dollar 5G Telecom and Network Investigation Project with Taiwanese Law Enforcement Agency

--Multiyear Contract is Significant Milestone in Taiwanese Safe City Market----5G Telecom and Network Investigation Solution for Law Enforcement Agency in Taiwan----Project Successfully Awarded Thanks...

8 months ago - GlobeNewsWire

Gorilla Technology Group Signs Heads of Terms to Acquire Bacom Internetwork

--Bolsters global expansion strategy-- --Entry point to provide Smart City solutions in Thailand-- LONDON, June 12, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a...

9 months ago - GlobeNewsWire

Gorilla Technology Group to Participate in Upcoming Investor Event

LONDON, May 05, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announ...

10 months ago - GlobeNewsWire

Gorilla Technology Group Announces Clarification to Registration Statement on Form F-1

Barring exercise of warrants, securities registered in F-1 will not cause dilution to existing holders of ordinary shares Barring exercise of warrants, securities registered in F-1 will not cause dilu...

11 months ago - GlobeNewsWire

Gorilla Technology Group Names New Global Head of Customer Success

LONDON, April 21, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today anno...

11 months ago - GlobeNewsWire