Gorilla posts FY 2025 operating expense down 54.4% to USD 47.5 million

Reuters03-03
Gorilla posts FY 2025 operating expense down 54.4% to USD 47.5 million

Gorilla reported FY 2025 revenue of USD 101.4 million, up 35.7%, marking its first year above USD 100 million. Total operating expense fell 54.4% to USD 47.5 million, while IFRS operating loss narrowed to USD 13.7 million and IFRS net loss narrowed to USD 11.3 million. IFRS basic EPS improved to a loss of USD 0.51 per share. Adjusted EBITDA was USD 19.1 million and non-IFRS net income was USD 19.9 million. Gorilla ended FY 2025 with total cash of USD 104.8 million (including USD 5.3 million of restricted deposits) and total debt of USD 13.8 million, down 35.6%. Net cash used in operating activities was USD 28.9 million. The company said it spent USD 3.5 million on share buybacks in 2025, collected more than USD 22 million from its largest customers in the first two months of 2026, and as of Feb. 26, 2026 had USD 108.4 million of unrestricted cash and USD 116.6 million of total cash, with an additional USD 3.0 million spent on buybacks in 2026 to date. On business updates, Gorilla said its pipeline stands at more than USD 7.0 billion, driven largely by advanced-stage AI and GPU infrastructure opportunities across Saudi Arabia, Thailand, Indonesia, India and Malaysia. Recent developments included delivery of the first phase of a lawful interception deployment with a major investigation bureau in APAC, a win with a special police unit in Taiwan focused on forest preservation, and an MoU with a large real estate operator in Saudi Arabia for local data centre opportunities. Gorilla also said its post-quantum cryptography SD-WAN solution is targeted to be ready in April 2026 and highlighted the launch of Gorilla Technology Capital to support larger infrastructure programs and data centre and GPU deployments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gorilla Technology Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-006382), on March 02, 2026, and is solely responsible for the information contained therein.

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