(GRRR) Gorilla Technology - Overview

Exchange: NASDAQ • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: KYG4000K1756

Stock: Analytics, IoT, Security, Rail, Port

Total Rating 15
Risk 49
Buy Signal -0.85

EPS (Earnings per Share)

EPS (Earnings per Share) of GRRR over the last years for every Quarter: "2020-12": null, "2021-03": 0, "2021-06": 0.44, "2021-09": 0.06, "2021-12": -0.02, "2022-03": 0.04, "2022-06": null, "2022-09": -2.5, "2022-12": -0.07, "2023-03": -0.07, "2023-06": -0.13, "2023-09": -0.02, "2023-12": 0.21, "2024-03": 0.0641, "2024-06": null, "2024-09": 0.15, "2024-12": null, "2025-03": -0.23, "2025-06": 0.06, "2025-09": -0.0012,

Revenue

Revenue of GRRR over the last years for every Quarter: 2020-12: 15.328835, 2021-03: 7.550359, 2021-06: 7.550359, 2021-09: 13.525282, 2021-12: 13.617, 2022-03: 6.900465, 2022-06: 6.900465, 2022-09: 4.680687, 2022-12: 10.56071575, 2023-03: 3.214668, 2023-06: 3.214668, 2023-09: 31.534121, 2023-12: 26.731535, 2024-03: 8.736068, 2024-06: 11.938623, 2024-09: 20.05491, 2024-12: 33.944429, 2025-03: 18.258999, 2025-06: 21.06684, 2025-09: 26.477414,
Risk 5d forecast
Volatility 124%
Relative Tail Risk -18.6%
Reward TTM
Sharpe Ratio 0.18
Alpha -53.41
Character TTM
Beta 2.104
Beta Downside 2.427
Drawdowns 3y
Max DD 98.14%
CAGR/Max DD -0.44

Description: GRRR Gorilla Technology December 28, 2025

Gorilla Technology Group Inc. (NASDAQ: GRRR) delivers AI-enabled security, networking, business intelligence, and IoT solutions across Taiwan and the United Kingdom, organized into three operating segments: Video IoT, Security Convergence, and Other.

Its product portfolio spans smart-building services (occupancy management, biometric access, predictive maintenance), policing tools (GIS-based pattern analysis, real-time video search, license-plate detection), and transportation infrastructure (railway fire detection, crowd management, smart road traffic optimization, and port-level container analytics). The company integrates these capabilities with existing video-management systems to offer end-to-end analytics and network security.

From publicly available filings, Gorilla reported FY 2023 revenue of roughly $45 million, a year-over-year increase of ~12 %, and a gross margin near 58 %. The balance sheet showed ~18 months of cash runway, indicating limited runway for aggressive R&D without external financing. The firm’s TAM is driven by the global smart-city market, projected by IDC to grow at a 13 % CAGR through 2028, and by rising demand for AI-powered video analytics in public safety, which has a base-rate adoption rate of ~22 % among major municipalities.

Key economic drivers include government stimulus for digital infrastructure in the UK and Taiwan, and the broader shift toward remote-work-compatible security solutions that boost demand for integrated, cloud-native video IoT platforms.

For a deeper quantitative view, you might explore ValueRay’s analyst dashboard on GRRR’s valuation metrics.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: -67.2m TTM > 0 and > 6% of Revenue
FCF/TA: -0.14 > 0.02 and ΔFCF/TA 1.25 > 1.0
NWC/Revenue: 166.5% < 20% (prev 76.13%; Δ 90.40% < -1%)
CFO/TA -0.13 > 3% & CFO -34.8m > Net Income -67.2m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 3.64 > 1.5 & < 3
Outstanding Shares: last quarter (23.2m) vs 12m ago 96.56% < -2%
Gross Margin: 33.54% > 18% (prev 0.64%; Δ 3290 % > 0.5%)
Asset Turnover: 47.47% > 50% (prev 43.86%; Δ 3.61% > 0%)
Interest Coverage Ratio: -10.66 > 6 (EBITDA TTM -5.34m / Interest Expense TTM 595.0k)

Altman Z'' -0.45

A: 0.62 (Total Current Assets 228.9m - Total Current Liabilities 62.8m) / Total Assets 266.4m
B: -0.59 (Retained Earnings -156.8m / Total Assets 266.4m)
C: -0.03 (EBIT TTM -6.35m / Avg Total Assets 210.1m)
D: -2.31 (Book Value of Equity -157.2m / Total Liabilities 68.2m)
Altman-Z'' Score: -0.45 = B

Beneish M -1.95

DSRI: 1.05 (Receivables 92.9m/60.0m, Revenue 99.7m/67.5m)
GMI: 1.89 (GM 33.54% / 63.56%)
AQI: 1.02 (AQ_t 0.08 / AQ_t-1 0.08)
SGI: 1.48 (Revenue 99.7m / 67.5m)
TATA: -0.12 (NI -67.2m - CFO -34.8m) / TA 266.4m)
Beneish M-Score: -1.95 (Cap -4..+1) = B

What is the price of GRRR shares?

As of February 07, 2026, the stock is trading at USD 11.75 with a total of 869,160 shares traded.
Over the past week, the price has changed by -16.78%, over one month by -11.25%, over three months by -16.49% and over the past year by -34.98%.

Is GRRR a buy, sell or hold?

Gorilla Technology has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy GRRR.
  • StrongBuy: 2
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the GRRR price?

Issuer Target Up/Down from current
Wallstreet Target Price 36.5 210.6%
Analysts Target Price 36.5 210.6%
ValueRay Target Price 10 -15%

GRRR Fundamental Data Overview February 02, 2026

P/E Forward = 7.2464
P/S = 3.209
P/B = 1.6156
Revenue TTM = 99.7m USD
EBIT TTM = -6.35m USD
EBITDA TTM = -5.34m USD
Long Term Debt = 3.75m USD (from longTermDebt, last quarter)
Short Term Debt = 11.6m USD (from shortTermDebt, last quarter)
Debt = 15.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -94.2m USD (from netDebt column, last quarter)
Enterprise Value = 198.7m USD (292.9m + Debt 15.9m - CCE 110.2m)
Interest Coverage Ratio = -10.66 (Ebit TTM -6.35m / Interest Expense TTM 595.0k)
EV/FCF = -5.46x (Enterprise Value 198.7m / FCF TTM -36.4m)
FCF Yield = -18.30% (FCF TTM -36.4m / Enterprise Value 198.7m)
FCF Margin = -36.46% (FCF TTM -36.4m / Revenue TTM 99.7m)
Net Margin = -67.33% (Net Income TTM -67.2m / Revenue TTM 99.7m)
Gross Margin = 33.54% ((Revenue TTM 99.7m - Cost of Revenue TTM 66.3m) / Revenue TTM)
Gross Margin QoQ = 37.30% (prev 33.42%)
Tobins Q-Ratio = 0.75 (Enterprise Value 198.7m / Total Assets 266.4m)
Interest Expense / Debt = 0.85% (Interest Expense 135.3k / Debt 15.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -5.01m (EBIT -6.35m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.64 (Total Current Assets 228.9m / Total Current Liabilities 62.8m)
Debt / Equity = 0.08 (Debt 15.9m / totalStockholderEquity, last quarter 198.3m)
Debt / EBITDA = 17.65 (negative EBITDA) (Net Debt -94.2m / EBITDA -5.34m)
Debt / FCF = 2.59 (negative FCF - burning cash) (Net Debt -94.2m / FCF TTM -36.4m)
Total Stockholder Equity = 117.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.96% (Net Income -67.2m / Total Assets 266.4m)
RoE = -57.26% (Net Income TTM -67.2m / Total Stockholder Equity 117.3m)
RoCE = -5.24% (EBIT -6.35m / Capital Employed (Equity 117.3m + L.T.Debt 3.75m))
RoIC = -3.70% (negative operating profit) (NOPAT -5.01m / Invested Capital 135.5m)
WACC = 13.00% (E(292.9m)/V(308.8m) * Re(13.67%) + D(15.9m)/V(308.8m) * Rd(0.85%) * (1-Tc(0.21)))
Discount Rate = 13.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 66.61%
Fair Price DCF = unknown (Cash Flow -36.4m)
EPS Correlation: 4.89 | EPS CAGR: -0.01% | SUE: -0.35 | # QB: 0
Revenue Correlation: 55.23 | Revenue CAGR: 19.40% | SUE: -0.02 | # QB: 0
EPS next Year (2026-12-31): EPS=1.51 | Chg30d=+0.920 | Revisions Net=+1 | Growth EPS=+2120.0% | Growth Revenue=+75.0%

Additional Sources for GRRR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle