Gorilla Technology Group Inc. (GRRR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Gorilla Technology Group Inc. (GRRR) stock price & volume — 10-year historical chart
Gorilla Technology Group Inc. (GRRR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Gorilla Technology Group Inc. (GRRR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $0.32vs $0.30+6.7% | $36Mvs $34M+5.0% |
| Q4 2025 | Nov 17, 2025 | $0.24vs $0.26-7.7% | $26Mvs $34M-21.8% |
| Q3 2025 | Aug 14, 2025 | $0.20vs $0.13-253.8% | $21Mvs $27M-20.5% |
| Q3 2025 | Jun 18, 2025 | $0.23vs $0.01+2200.0% | $18Mvs $20M-6.4% |
Gorilla Technology Group Inc. (GRRR) competitors in Cybersecurity and identity management — business model, growth, and fundamentals comparison
Gorilla Technology Group Inc. (GRRR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Gorilla Technology Group Inc. (GRRR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 39.27M | 45.41M | 42.24M | 22.41M | 64.69M | 74.67M | 99.75M |
| Revenue Growth % | - | 15.66% | -6.98% | -46.95% | 188.7% | 15.42% | 47.86% |
| Cost of Goods Sold | 21.07M | 26.86M | 26.47M | 14.07M | 19.98M | 37.37M | 66.29M |
| COGS % of Revenue | 53.67% | 59.14% | 62.66% | 62.8% | 30.88% | 50.04% | - |
| Gross Profit | 18.19M▲ 0% | 18.56M▲ 2.0% | 15.77M▼ 15.0% | 8.34M▼ 47.1% | 44.72M▲ 436.4% | 37.31M▼ 16.6% | 33.45M▲ 0% |
| Gross Margin % | 46.33% | 40.86% | 37.34% | 37.2% | 69.12% | 49.96% | 33.54% |
| Gross Profit Growth % | - | 1.99% | -14.99% | -47.15% | 436.4% | -16.57% | - |
| Operating Expenses | 18.64M | 24.25M | 23.93M | 94.84M | 27.66M | 104.25M | 104.81M |
| OpEx % of Revenue | 47.48% | 53.4% | 56.65% | 423.25% | 42.75% | 139.61% | - |
| Selling, General & Admin | 7.35M | 8.26M | 8.39M | 12.84M | 18.12M | 13.5M | 16.76M |
| SG&A % of Revenue | 18.72% | 18.2% | 19.87% | 57.28% | 28.01% | 18.08% | - |
| Research & Development | 11.34M | 14.34M | 15.05M | 14.11M | 3.7M | 2.11M | 2.62M |
| R&D % of Revenue | 28.89% | 31.58% | 35.63% | 62.97% | 5.72% | 2.83% | - |
| Other Operating Expenses | -52.18K | 1.64M | 487.42K | 67.9M | 5.84M | 88.64M | 4M |
| Operating Income | -449.22K▲ 0% | -5.69M▼ 1167.5% | -8.16M▼ 43.3% | -86.51M▼ 960.4% | 17.06M▲ 119.7% | -66.94M▼ 492.4% | -71.35M▲ 0% |
| Operating Margin % | -1.14% | -12.54% | -19.31% | -386.04% | 26.37% | -89.65% | -71.54% |
| Operating Income Growth % | - | -1167.51% | -43.28% | -960.37% | 119.72% | -492.41% | - |
| EBITDA | 5.97M | 2.51M | 588.75K | -78.88M | 18.31M | -65.55M | -70.04M |
| EBITDA Margin % | 15.19% | 5.53% | 1.39% | -352.01% | 28.3% | -87.78% | -70.22% |
| EBITDA Growth % | - | -57.9% | -76.56% | -13498.19% | 123.21% | -458.02% | -1515.34% |
| D&A (Non-Cash Add-back) | 6.42M | 8.21M | 8.75M | 7.63M | 1.25M | 1.4M | 1.32M |
| EBIT | -95.31K | -5.53M | -8.12M | -86.27M | 17.83M | -65.37M | -68.33M |
| Net Interest Income | -114.93K | -301.84K | -628.48K | -599.36K | -47.66K | 836.75K | 2.43M |
| Interest Income | 353.92K | 159.28K | 37.87K | 235.91K | 770.41K | 1.57M | 3.03M |
| Interest Expense | 468.85K | 461.12K | 666.35K | 835.27K | 818.07K | 732.51K | 595K |
| Other Income/Expense | -114.93K | -301.84K | -628.48K | -599.36K | -47.66K | 836.75K | 2.43M |
| Pretax Income | -564.15K▲ 0% | -6M▼ 962.8% | -8.79M▼ 46.5% | -87.11M▼ 891.3% | 17.01M▲ 119.5% | -66.11M▼ 488.6% | -68.92M▲ 0% |
| Pretax Margin % | -1.44% | -13.2% | -20.8% | -388.72% | 26.3% | -88.53% | -69.1% |
| Income Tax | -28.28K | -74.9K | -238.44K | 430.37K | 3.52M | -1.31M | -1.77M |
| Effective Tax Rate % | 5.01% | 1.25% | 2.71% | -0.49% | 20.67% | 1.98% | 2.56% |
| Net Income | -535.87K▲ 0% | -5.92M▼ 1004.9% | -8.55M▼ 44.4% | -87.54M▼ 924.0% | 13.5M▲ 115.4% | -64.79M▼ 580.1% | -67.16M▲ 0% |
| Net Margin % | -1.36% | -13.04% | -20.24% | -390.64% | 20.86% | -86.77% | -67.33% |
| Net Income Growth % | - | -1004.91% | -44.38% | -924.03% | 115.42% | -580.12% | -15933.35% |
| Net Income (Continuing) | -535.87K | -5.92M | -8.55M | -87.54M | 13.5M | -64.79M | -67.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.25▲ 0% | -2.70▼ 993.1% | -3.90▼ 44.4% | -17.80▼ 356.4% | 1.64▲ 109.2% | -6.13▼ 473.8% | -2.90▲ 0% |
| EPS Growth % | - | -993.12% | -44.44% | -356.41% | 109.21% | -473.78% | -81.07% |
| EPS (Basic) | -0.25 | -14.41 | -3.90 | -17.80 | 1.92 | -6.13 | - |
| Diluted Shares Outstanding | 2.17M | 2.17M | 2.17M | 4.91M | 8.23M | 10.57M | 23.2M |
| Basic Shares Outstanding | 2.17M | 411.01K | 2.17M | 4.91M | 8.22M | 10.57M | 23.21M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
Gorilla Technology Group Inc. (GRRR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 55.42M | 54.77M | 55.82M | 47.75M | 77.54M | 126.67M | 228.94M |
| Cash & Short-Term Investments | 22.85M | 19.59M | 18.95M | 30.94M | 34.13M | 37.47M | 110.16M |
| Cash Only | 17.63M | 12.15M | 9.94M | 23M | 5.31M | 21.7M | 110.15M |
| Short-Term Investments | 5.22M | 7.43M | 9.01M | 7.94M | 28.82M | 15.77M | 0 |
| Accounts Receivable | 31.91M | 34.87M | 36.46M | 15.42M | 35.77M | 60.41M | 92.86M |
| Days Sales Outstanding | 296.63 | 280.25 | 315.05 | 251.09 | 201.8 | 295.27 | 278.69 |
| Inventory | 158.35K | 89.78K | 152.23K | 68.63K | 23.12K | 5.2K | 0 |
| Days Inventory Outstanding | 2.74 | 1.22 | 2.1 | 1.78 | 0.42 | 0.05 | 0.01 |
| Other Current Assets | 501.39K | 219.81K | 25.9K | 61.8K | 170.46K | 152.8K | 11.86M |
| Total Non-Current Assets | 39.53M | 37.52M | 39.11M | 17.51M | 37.9M | 27.12M | 37.51M |
| Property, Plant & Equipment | 32.65M | 32.43M | 34.52M | 16.15M | 15.93M | 15.44M | 16.88M |
| Fixed Asset Turnover | 1.20x | 1.40x | 1.22x | 1.39x | 4.06x | 4.84x | 6.14x |
| Goodwill | 0 | 0 | 0 | -56.29M | 0 | 0 | 0 |
| Intangible Assets | 5.99M | 4.11M | 3.42M | 56.34M | 5.87M | 2.93M | 2.53M |
| Long-Term Investments | 123.74K | 180.75K | 50.58K | 0 | 13.64M | 0 | 9.5M |
| Other Non-Current Assets | 593.53K | 591.93K | 707.39K | 1.27M | 1.49M | 1.81M | 19.77M |
| Total Assets | 94.95M▲ 0% | 92.29M▼ 2.8% | 94.93M▲ 2.9% | 65.26M▼ 31.3% | 115.44M▲ 76.9% | 153.8M▲ 33.2% | 266.45M▲ 0% |
| Asset Turnover | 0.41x | 0.49x | 0.44x | 0.34x | 0.56x | 0.49x | 0.54x |
| Asset Growth % | - | -2.8% | 2.86% | -31.25% | 76.89% | 33.23% | 145.75% |
| Total Current Liabilities | 26.97M | 28.52M | 38M | 28.26M | 54.32M | 75.31M | 62.83M |
| Accounts Payable | 3.61M | 6.69M | 8.06M | 6.67M | 11.05M | 26.04M | 38.02M |
| Days Payables Outstanding | 62.57 | 90.91 | 111.15 | 173.13 | 201.83 | 254.36 | 161.38 |
| Short-Term Debt | 14.59M | 19.13M | 25.05M | 15.6M | 26.03M | 17.05M | 11.33M |
| Deferred Revenue (Current) | 2.69M | 2.54M | 20.19K | 58.48K | 107.6K | 273.23K | 803.38K |
| Other Current Liabilities | -1.59M | -1.78M | 1.71M | 5.9M | 6.38M | 20.26M | 13.17M |
| Current Ratio | 2.06x | 1.92x | 1.47x | 1.69x | 1.43x | 1.68x | 1.68x |
| Quick Ratio | 2.05x | 1.92x | 1.47x | 1.69x | 1.43x | 1.68x | 1.68x |
| Cash Conversion Cycle | 236.8 | 190.55 | 205.99 | 79.75 | 0.4 | 40.97 | 117.33 |
| Total Non-Current Liabilities | 9.59M | 10.27M | 11.01M | 8.46M | 6.97M | 5.38M | 5.36M |
| Long-Term Debt | 9.33M | 9.98M | 10.75M | 8.25M | 6.82M | 4.37M | 3.75M |
| Capital Lease Obligations | 31.17K | 19.2K | 69.59K | 0 | 23.01K | 579.7K | 2.11M |
| Deferred Tax Liabilities | 161.09K | 127.77K | 78.4K | 148.18K | 59.81K | 42.9K | 1.7M |
| Other Non-Current Liabilities | 69.24K | 147.81K | 105.54K | 61.06K | 63.95K | 386.06K | 2.27M |
| Total Liabilities | 36.55M | 38.79M | 49M | 36.72M | 61.29M | 80.69M | 68.19M |
| Total Debt | 23.97M | 29.18M | 35.92M | 23.87M | 32.91M | 22.21M | 15.94M |
| Net Debt | 6.34M | 17.02M | 25.98M | 874.83K | 27.6M | 508.96K | -94.21M |
| Debt / Equity | 0.41x | 0.55x | 0.78x | 0.84x | 0.61x | 0.30x | 0.30x |
| Debt / EBITDA | 4.02x | 11.62x | 61.01x | - | 1.80x | - | -0.23x |
| Net Debt / EBITDA | 1.06x | 6.78x | 44.12x | - | 1.51x | - | 1.35x |
| Interest Coverage | -0.96x | -12.35x | -12.24x | -103.57x | 20.85x | -91.39x | -114.84x |
| Total Equity | 58.4M▲ 0% | 53.5M▼ 8.4% | 45.93M▼ 14.2% | 28.54M▼ 37.9% | 54.15M▲ 89.7% | 73.1M▲ 35.0% | 198.26M▲ 0% |
| Equity Growth % | - | -8.38% | -14.15% | -37.85% | 89.72% | 35% | 280.7% |
| Book Value per Share | 26.87 | 24.61 | 21.13 | 5.81 | 6.58 | 6.92 | 8.55 |
| Total Shareholders' Equity | 58.4M | 53.5M | 45.93M | 28.54M | 54.15M | 73.1M | 198.26M |
| Common Stock | 6.1M | 6.15M | 6.22M | 7.14K | 7.85K | 19.44K | 25.31K |
| Retained Earnings | 5.01M | -919.36K | -9.45M | -96.98M | -83.4M | -148.24M | -156.77M |
| Treasury Stock | -30K | -30K | -30K | -29.58M | -29.58M | -33.21M | 0 |
| Accumulated OCI | 810.45K | 1.59M | 2.04M | 370.18K | 955.02K | -55.5K | -475.97K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gorilla Technology Group Inc. (GRRR) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 11.1M | -1.95M | 1.62M | -8.77M | -9.43M | -29.65M | -29.65M |
| Operating CF Margin % | 28.28% | -4.28% | 3.84% | -39.15% | -14.57% | -39.71% | - |
| Operating CF Growth % | - | -117.52% | 183.42% | -640.6% | -7.47% | -214.46% | 58.05% |
| Net Income | -564.15K | -6M | -8.79M | -87.11M | 13.5M | -66.11M | -67.16M |
| Depreciation & Amortization | 6.42M | 8.21M | 8.75M | 7.63M | 1.25M | 1.4M | 1.35M |
| Stock-Based Compensation | 245.45K | 142.42K | 375.94K | 346.12K | 695.67K | 951.48K | 858.34K |
| Deferred Taxes | -245.45K | -142.42K | -375.94K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 441.83K | 1.48M | 789.2K | 69.07M | 9.75M | 82.47M | 65.71M |
| Working Capital Changes | 4.81M | -5.64M | 873.5K | 1.29M | -34.61M | -48.36M | -50.77M |
| Change in Receivables | -899.23K | -5.06M | -1.58M | 3.58M | -32.43M | -42.97M | -61.04M |
| Change in Inventory | -27.86K | 68.57K | -62.45K | 83.6K | 45.51K | 17.92K | 13.66K |
| Change in Payables | 1.45M | 3.1M | 1.37M | -1.38M | 4.63M | 14.99M | 4.23M |
| Cash from Investing | -10.38M | -7.73M | -9.91M | -1.93M | -38.69M | 16.64M | 8.8M |
| Capital Expenditures | -11.14M | -5.53M | -8.4M | -3.01M | -297.36K | -543K | -614.63K |
| CapEx % of Revenue | 28.38% | 12.17% | 19.87% | 13.42% | 0.46% | 0.73% | - |
| Acquisitions | -3.37M | -1.4M | -898.55K | 0 | 6.12K | 1.65K | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 3.82M | 1.41M | 826.86K | 368 | -3.8M | -301.65K | 10.9M |
| Cash from Financing | 394.51K | 3.88M | 5.99M | 23.61M | 29.73M | 27.98M | 109.04M |
| Debt Issued (Net) | 394.51K | 3.76M | 5.85M | -1.54M | 1.2M | -2.43M | -6.6M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -3.63M | -3.59M |
| Other Financing | 0 | 112K | 135.52K | -7.17M | 4.37M | 0 | 104.75M |
| Net Change in Cash | 1.25M▲ 0% | -5.48M▼ 539.3% | -2.21M▲ 59.7% | 13.05M▲ 691.0% | -17.69M▼ 235.5% | 16.39M▲ 192.7% | 88.45M▲ 0% |
| Free Cash Flow | -40.63K▲ 0% | -7.47M▼ 18291.6% | -6.77M▲ 9.4% | -11.78M▼ 74.0% | -13.24M▼ 12.4% | -31.11M▼ 134.9% | -24.95M▲ 0% |
| FCF Margin % | -0.1% | -16.45% | -16.03% | -52.58% | -20.47% | -41.66% | -25.01% |
| FCF Growth % | - | -18291.59% | 9.36% | -73.98% | -12.41% | -134.86% | -19.32% |
| FCF per Share | -0.02 | -3.44 | -3.12 | -2.40 | -1.61 | -2.94 | -2.94 |
| FCF Conversion (FCF/Net Income) | -20.72x | 0.33x | -0.19x | 0.10x | -0.70x | 0.46x | 0.37x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 142.77K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gorilla Technology Group Inc. (GRRR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -10.58% | -17.19% | -235.09% | 32.64% | -101.83% | -57.26% |
| Return on Invested Capital (ROIC) | -6.31% | -8.59% | -128.06% | 23.02% | -64.63% | -64.63% |
| Gross Margin | 40.86% | 37.34% | 37.2% | 69.12% | 49.96% | 33.54% |
| Net Margin | -13.04% | -20.24% | -390.64% | 20.86% | -86.77% | -67.33% |
| Debt / Equity | 0.55x | 0.78x | 0.84x | 0.61x | 0.30x | 0.30x |
| Interest Coverage | -12.35x | -12.24x | -103.57x | 20.85x | -91.39x | -114.84x |
| FCF Conversion | 0.33x | -0.19x | 0.10x | -0.70x | 0.46x | 0.37x |
| Revenue Growth | 15.66% | -6.98% | -46.95% | 188.7% | 15.42% | 47.86% |
Gorilla Technology Group Inc. (GRRR) stock FAQ — growth, dividends, profitability & financials explained
Gorilla Technology Group Inc. (GRRR) reported $99.7M in revenue for fiscal year 2024. This represents a 154% increase from $39.3M in 2019.
Gorilla Technology Group Inc. (GRRR) grew revenue by 15.4% over the past year. This is strong growth.
Gorilla Technology Group Inc. (GRRR) reported a net loss of $67.2M for fiscal year 2024.
Gorilla Technology Group Inc. (GRRR) has a return on equity (ROE) of -101.8%. Negative ROE indicates the company is unprofitable.
Gorilla Technology Group Inc. (GRRR) had negative free cash flow of $24.9M in fiscal year 2024, likely due to heavy capital investments.
Gorilla Technology Group Inc. (GRRR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates