Gorilla Technology Group (GRRR) investor relations material

Business overview and strategy

• Specializes in AI infrastructure, security intelligence, network intelligence, business intelligence, and IoT for smart cities and critical sectors, leveraging deep learning and advanced analytics.

• Operates in 9 countries with over 200 employees and 200+ contractors, focusing on government, manufacturing, telecom, retail, transportation, healthcare, and education.

• Emphasizes innovation with 28 granted patents and 3 pending, and a vision to empower smart cities for improved quality of life.

• Offers full-stack, end-to-end data center and AI infrastructure solutions, including GPU/AI server configuration, SD-WAN, cybersecurity, and ongoing management.

• Differentiates from traditional cloud providers through data sovereignty, AI-optimized infrastructure, cost efficiency, and rapid deployment.

Financial performance and guidance

• Achieved $64.7 million in revenue in 2023 (189% YoY growth), $101.4 million in 2025 (36% YoY growth), and projects $137–200 million in 2026.

• 2023 net income was $19.9 million, a turnaround from a significant loss in 2022; adjusted EBITDA for 2025 is $19.1 million.

• Backlog stands at $85 million, with a pipeline exceeding $7 billion in qualified leads and several multi-$100 million opportunities.

• Over $100 million in cash, $13.6 million in low-rate debt, and a $20 million buyback program with $9 million remaining.

• Expects to be operating cash flow positive in 2026, with $22 million in customer collections forecasted.

Key contracts, partnerships, and global reach

• Secured a $1.4 billion contract with Freyr for data centers and GPUaaS in Southeast Asia and a $500 million contract with Yotta Data Services in India.

• Major multi-year wins with law enforcement and criminal investigation agencies in APAC.

• Strategic partnerships with Intel, Dell, HPE, NVIDIA, Red Hat, BT, Ericsson, and others; exclusive technology partner for O.N.E. Amazon conservation initiative.

• Global presence with headquarters in London and operations in Taipei, Seattle, Bogota, Cairo, Chennai, Bangkok, Singapore, and Jakarta.