Latest news with #GorillaTechnologyGroupInc
Yahoo
24-06-2025
- Business
- Yahoo
Are Business Services Stocks Lagging GORILLA TECH GP (GRRR) This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gorilla Technology Group Inc. (GRRR) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Gorilla Technology Group Inc. is a member of the Business Services sector. This group includes 271 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Gorilla Technology Group Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for GRRR's full-year earnings has moved 246.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, GRRR has gained about 13% so far this year. Meanwhile, the Business Services sector has returned an average of 0.8% on a year-to-date basis. This shows that Gorilla Technology Group Inc. is outperforming its peers so far this year. Another Business Services stock, which has outperformed the sector so far this year, is Healthcare Services (HCSG). The stock has returned 23.1% year-to-date. The consensus estimate for Healthcare Services' current year EPS has increased 5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Gorilla Technology Group Inc. belongs to the Technology Services industry, which includes 130 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 2.6% so far this year, meaning that GRRR is performing better in terms of year-to-date returns. On the other hand, Healthcare Services belongs to the Business - Services industry. This 26-stock industry is currently ranked #73. The industry has moved +16.8% year to date. Investors interested in the Business Services sector may want to keep a close eye on Gorilla Technology Group Inc. and Healthcare Services as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report Boston Scientific Corporation (BSX) : Free Stock Analysis Report Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) : Free Stock Analysis Report Gold Fields Limited (GFI) : Free Stock Analysis Report Huntington Ingalls Industries, Inc. (HII) : Free Stock Analysis Report Grand Canyon Education, Inc. (LOPE) : Free Stock Analysis Report Healthcare Services Group, Inc. (HCSG) : Free Stock Analysis Report Banco Santander Chile (BSAC) : Free Stock Analysis Report Shake Shack, Inc. (SHAK) : Free Stock Analysis Report Ferrari N.V. (RACE) : Free Stock Analysis Report Nutanix (NTNX) : Free Stock Analysis Report Innergex Renewable Energy Inc. (INGXF) : Free Stock Analysis Report Life360, Inc. (LIF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-06-2025
- Business
- Yahoo
Gorilla Surges 34% Since Q1 Earnings: Should You Buy GRRR Now?
Shares of Gorilla Technology Group Inc. GRRR have experienced a remarkable 34.1% surge in its stock price since reporting its first-quarter 2025 earnings last week on June 18. Its results were driven by high-impact contract wins, rapid global expansion and disciplined financial management. The company continues to offer strong guidance for 2025 and provides some visibility towards 2026 and beyond. This raises the question: Should investors continue buying at these levels, or is it time to hold off? Before answering that, we need to take a quick look at its 1Q25 performance and its guidance for the year. First quarter earnings of 23 cents per share beat the Zacks Consensus Estimate of a penny and improved from a loss of $1.47 in the year-ago period. Revenues surged 109% year over year but missed the Zacks Consensus Estimate by 8.7%. It deleveraged its balance sheet by reducing debt to $18.4 million at first-quarter end, down from $21.4 million at year-end 2024. Following the close of the quarter, it further reduced the figure to $17 million. Meanwhile, its cash and cash equivalents were at $20.8 million at first-quarter end. It still expects revenues for 2025 within $100-$110 million and EBITDA within $20-$25 million, with a gross margin of 40-45%. It projects a net profit of $15-$20 million for the year, along with a backlog of $93 million. It further estimates the 2026 backlog to be $70 million for now. Reflecting high demand and strong potential, Gorilla's pipeline and qualified leads are now more than $5???billion. This is down from the previous figure of $6 billion as its MOU with the Provincial Electricity Authority in Thailand has moved into the proof-of-concept stage. Looking ahead, the Zacks Consensus Estimate for Gorilla Technology's EPS points to an improvement of 112.4% in 2025 and 43.4% in 2026. Revenues are expected to rise 33.9% and 26%, respectively. The stock has seen one upward earnings estimate revision for 2026 over the past week, against no downward movement. Its rapid expansion across the United States, MENA, Southeast & East Asia, South America and the United Kingdom is fueling its contract base and performance. The company shifted from short-cycle deals to multi-year, recurring contracts across government and enterprise customers. It expects that the MOUs and POCs will begin converting into significant revenue in the coming days. The company is aggressively increasing its headcount to support its execution. From more than 200 full-time employees and 100 contractors currently, it expects to reach 300-400 full-time employees and 100-200 contractors by 2025-end. Hiring has increased in India, Egypt and Thailand as the company is scaling its operations. Its high-margin business is a major positive. The company targets the gross margin to move higher toward the 45-50% range in the next two to three years. GRRR is deeply involved in the ONE AMAZON project, a 30-year initiative focused on real-time AI-driven environmental monitoring of the Amazon Basin. The project aims to create a new financial framework for valuing natural capital, going beyond environmental data collection. Gorilla is working with top partners like AECOM, The Goldman Sachs Group, Inc. GS, and others to set a global standard for climate-aligned finance. Key plans include deploying or acquiring a constellation of low-orbit satellites to control and monetize its own environmental data, reducing reliance on third-party services. Additionally, Gorilla is helping build a data economy tied to investments in ecotourism, renewable energy, agroforestry and biodiversity credits. Notably, 25% of every dollar raised in the project will fund Gorilla's technology deployment, ensuring recurring long-term revenue and increasing the intrinsic value of the associated token. Over the past year, the company bought back $5.4 million worth of shares and has $4.6 million left in its repurchase authorization. Gorilla Technology's first quarter cash flow was impacted by an $18.2 million unbilled receivable, as the company delivered significant work and goods without invoicing during the quarter. However, cash collection is improving; about $7 million has already been recovered in the second quarter, including $5 million from receivables and $2 million from a guarantee release. Management expects to issue new invoices and collect additional receivables by the end of June or in July, signaling that cash flow is trending positively for the remainder of 2025. Gorilla Technology stock has gained 39.7% over the year-to-date period, outperforming the industry's 1.5% growth. Companies like Palantir Technologies Inc. PLTR and Cloudflare, Inc. NET rose even higher during this time. Image Source: Zacks Investment Research From a valuation standpoint, Gorilla Technology is trading at a forward P/S ratio of 4.15X, higher than its two-year median of 1.35X and above the industry average of 2.86X, indicating investor confidence. In comparison, Palantir Technologies trades at 72.90X and Cloudflare at 26.40X. Image Source: Zacks Investment Research Gorilla Technology's strong start to 2025, driven by large-scale global contracts, expansion into strategic projects like ONE AMAZON, and improving cash flow potential, highlights its growing influence in the AI, IoT, and environmental intelligence markets. With a robust pipeline exceeding $5 billion and a shift toward multi-year recurring revenue models, GRRR is well-positioned for sustained growth. Backed by an improving financial profile, margin expansion, and increasing visibility into future earnings, Gorilla Technology currently carries a Zacks Rank #2 (Buy), reflecting its solid prospects. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report Cloudflare, Inc. (NET) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
09-06-2025
- Business
- Yahoo
Will New Client Wins Unit Aid Gorilla Technology's Q1 Earnings?
Gorilla Technology Group Inc. GRRR is scheduled to release first-quarter 2025 results in the first half of June. The Zacks Consensus Estimate for earnings per share is pegged at 1 cent. (See the Zacks Earnings Calendar to stay ahead of market-making news.) The first-quarter earnings estimate has remained stable over the past 30 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $20 million. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Gorilla Technology this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that's not the case here, as you see ESP: Gorilla Technology has an Earnings ESP of 0.00%. You can uncover the best stocks before they're reported with our Earnings ESP Rank: GRRR currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank stocks here. Gorilla Technology's revenues are expected to have gained on the back of expanding operations across the USA, MENA, Southeast & East Asia, South America and the UK in the first quarter. Strong execution on key contracts, new business growth and high client retention rates are likely to have resulted from sustained demand for GRRR's AI-driven security and intelligence solutions, which in turn, is likely to have driven its top line. In the to-be-reported quarter, the gross margin is expected to have witnessed continued growth, thanks to its prudent cost-cutting initiatives, high-value solutions and long-term scalability. Expense management efforts are also likely to have aided the net income of the company. A decrease in debt level is expected to have reduced the interest expenses of Gorilla Technology in the first quarter. Of the other Business Services sector industry players that have reported March-quarter results so far, the bottom-line results of Mastercard Incorporated MA, The Western Union Company WU and Visa Inc. V beat the respective Zacks Consensus Estimate. Mastercard reported first-quarter 2025 adjusted earnings per share (EPS) of $3.73, which surpassed the Zacks Consensus Estimate by 4.5%. The bottom line improved 13% year over year. Net revenues of the leading technology company in the global payments industry advanced 14% year over year to $7.3 billion. The top line beat the consensus mark by 1.8%. Gross dollar volume (representing the aggregated dollar amount of purchases made and cash disbursements obtained from Mastercard-branded cards) increased 9% on a local-currency basis to $2.4 trillion. Cross-border volumes (a key measure that tracks spending on cards beyond the issuing country) rose 15% on a local currency basis. Switched transactions, which indicate the number of times a company's products have been used to facilitate transactions, improved 9% year over year to 40.1 billion. Value-added services and solutions' net revenues of $2.8 billion advanced 16% year over year. Mastercard's clients issued 3.5 billion Mastercard and Maestro-branded cards as of March 31, 2025. Western Union's first-quarter 2025 adjusted EPS of 41 cents beat the Zacks Consensus Estimate by 2.5%. However, the bottom line declined 8.9% year over year. Total revenues were $983.6 million, which fell 6% on a reported basis. Additionally, the top line missed the Zacks Consensus Estimate by 0.8%. The adjusted operating margin decreased 100 bps year over year to 19% due to a fall in contributions from Iraq. Operating income of $177.4 million declined 8% year over year and lagged our estimate of $185.2 million. The Consumer Money Transfer segment's revenues fell 9% to $872.9 million. Operating income was $159.3 million, which fell 15% year over year and also missed the consensus estimate. Transactions within the CMT segment grew 3% year over year. Branded Digital revenues, which accounted for 28% of CMT's first-quarter revenues, improved 7% on a reported basis and 8% on an adjusted basis. Visa reported second-quarter fiscal 2025 EPS of $2.76, which outpaced the Zacks Consensus Estimate of $2.68 by 3%. The bottom line increased 10% year over year. Net revenues of $9.6 billion improved 9.3% year over year. The top line beat the consensus mark by 0.3%. Visa's payments volume increased 8% year over year on a constant-dollar basis in the fiscal second quarter. Processed transactions (implying transactions processed by Visa) grew 9% year over year to 60.7 billion. On a constant-dollar basis, the cross-border volume of Visa rose 13% year over year. Excluding transactions within Europe, its cross-border volume (that boosts a company's international transaction revenues) also jumped 13% year over year on a constant-dollar basis. Service revenues (depending on the payment volume in the previous quarter) increased 9% year over year to $4.4 billion in the March quarter. Data processing revenues of $4.7 billion grew 10.4% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report The Western Union Company (WU) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-06-2025
- Business
- Yahoo
Jim Cramer Recommends Axon Over Gorilla Technology (GRRR)
We recently published a list of . In this article, we are going to take a look at where Gorilla Technology Group Inc. (NASDAQ:GRRR) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's thoughts on Gorilla Technology Group Inc. (NASDAQ:GRRR) during the lightning round, and he replied: 'Man, you're like, you're way over the edge… We're going, you know what we're going to do for video surveillance, I'm going to send you to Axon.' Gorilla Technology (NASDAQ:GRRR) delivers advanced solutions in AI-powered monitoring, security, and IoT applications across various sectors, including smart buildings, policing, transportation, and port operations. A data center filled with the latest servers and networking equipment representing the company's cutting edge security infrastructure. On May 22, Gorilla Technology (NASDAQ:GRRR) announced that it completed repurchasing more than $1.8 million of its own shares in April and May. The company raised the total buyback under the current program to $5.4 million over the last year, with $4.6 million still available from the $10 million approved by the Board. Overall, GRRR ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GRRR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
14-05-2025
- Business
- Associated Press
Gorilla Technology Group Appoints Bruce Bower as Chief Financial Officer
London, United Kingdom--(Newsfile Corp. - May 14, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ('Gorilla' or the 'Company'), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, is pleased to announce the appointment of Bruce Bower as Chief Financial Officer (CFO), effective 1 June 2025. Mr. Bower brings a wealth of experience in strategic financial management, capital raising and corporate governance. Since joining Gorilla as Interim CFO in September 2024, he has played a pivotal role in restructuring the Company's finance department, streamlining operations, and enhancing Gorilla's financial oversight and internal controls. Under Bruce's leadership, the Company has achieved full compliance with the Sarbanes-Oxley Act (SOX) and resolved any previously disclosed material weaknesses, while continuing to secure significant partnerships. 'Bruce has been instrumental in driving Gorilla's financial strategy during a transformative period. We successfully navigated a complex landscape, optimised capital structures that drove profitability in key growth areas and accelerated our position in the market as a global innovator of AI solutions in smart infrastructure, energy and security,' said Jay Chandan, Chairman & CEO of Gorilla Technology Group. 'Under Bruce's leadership, we have successfully enhanced our financial reporting and governance frameworks, reinforcing our commitment to the highest standards of corporate integrity.' 'I am proud to continue the important mission that Gorilla has set forth,' said Mr. Bower. 'While we have made great progress as a team, I have more conviction than ever that our greatest opportunity lies ahead. I look forward to continuing to deliver on our growth plans as we collectively work to achieve Gorilla's innovative vision of the future.' About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Investor Relations Contact: Dave Gentry RedChip Companies, Inc. 1-407-644-4256 [email protected] To view the source version of this press release, please visit
