Gorilla Technology Group Inc. income statement GRRRW

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, Gorilla Technology Group Inc. reported revenue of $74.7 million, up 15.4% from the year before. It recorded a net loss of $64.8 million. The operating loss came to $66.9 million, an operating margin of -89.6%. Diluted earnings per share were -$6.13.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
Revenue
75
+15.4%
65
+188.7%
22
Cost of revenue
37
+87.1%
20
+42.0%
14
Gross profit
37
-16.6%
45
+436.4%
8
Research and development
2
-43.0%
4
-73.8%
14
Selling, general and administrative
0
+72.7%
0
+567.4%
0
Operating income
-67
-492.4%
17
+119.7%
-87
Interest income
2
+103.7%
1
+226.6%
0
Interest expense
1
-10.5%
1
-2.1%
1
Pretax income
-66
-488.6%
17
+119.5%
-87
Income tax
-1
—
—
Net income
-65
-580.1%
13
+115.4%
-88
Basic EPS
-6.13
-419.3%
1.92
+110.8%
-17.83
Diluted EPS
-6.13
-473.8%
1.64
+109.2%
-17.83
Weighted average shares, basic
11
+50.1%
7
—
Weighted average shares, diluted
11
+39.8%
8
—
Other measures
Depreciation and amortization
—
0
-60.6%
0
EBITDA
—
17
+119.7%
-86
Interest coverage
-91.39x
20.85x
-103.57x
Margins
Gross margin
49.96%
69.12%
37.20%
Operating margin
-89.65%
26.37%
-386.04%
Pretax margin
-88.53%
26.30%
-388.72%
Profit margin
-86.77%
20.86%
-390.64%
EBITDA margin
—
26.39%
-385.86%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
GRRR (Nasdaq), GRRRW (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Grand Cayman
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1903145

Other Services-Prepackaged Software companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.