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Added to YB: 2025-06-24

Pitch date: 2025-06-20

GRRR [bearish]

Gorilla Technology Group Inc.

+42.52%

current return

Author Info

No bio for this author

Company Info

Gorilla Technology Group Inc. provides solutions in security, network, business intelligence, and Internet of Things (IoT) technology in Taiwan and the United Kingdom.

Market Cap

$388.2M

Pitch Price

$23.91

Price Target

N/A

Dividend

N/A

EV/EBITDA

-9.55

P/E

-2.86

EV/Sales

4.25

Sector

Software

Category

N/A

Show full summary:
GRRR Quarterly Update - Follow the Money

GRRR short: Q1 revenue up 109% but unbilled receivables up $18.2M - customers not billed for claimed services. Only $10M increase in balance sheet suggests ~$7.4M charge-offs. $34.3M in unbilled receivables with minimal invoicing. Prior $12M charge-off in 2023. Suspect backlog reporting methodology.

Read full article (3 min)