London, Inggris Raya – Newsfile Corp. – Gorilla Technology Group Inc. (NASDAQ: GRRR) (Gorilla atau Perusahaan), penyedia solusi global di bidang Security Intelligence, Network Intelligence, Business Intelligence, dan teknologi IoT, hari ini melaporkan hasil keuangan untuk paruh pertama yang berakhir pada 30 Juni 2025.
- - Pertumbuhan Pendapatan Berkelanjutan: Pendapatan semester pertama 2025 mencapai $39,3 juta, mencerminkan pelaksanaan luar biasa di berbagai kontrak global utama. Kinerja pendapatan ini menunjukkan kekuatan operasional Gorilla dan kepemimpinan dalam keamanan dan intelijen berbasis AI.
- - Posisi Likuiditas yang Kuat: Gorilla mengakhiri semester pertama dengan total kas sebesar $26,1 juta. Setelah penutupan semester pertama, Perusahaan berhasil mengumpulkan dana sebesar $105 juta melalui penawaran saham. Pada Juli, pelanggan terbesar Gorilla di Mesir melakukan pembayaran signifikan, menegaskan kekuatan hubungan dan memperkuat posisi kasnya. Perusahaan berencana menggunakan dana ini untuk mengamankan kontrak masa depan dan mendorong ekspansi.
- - Pengurangan Utang yang Disiplin: Gorilla mengurangi utang menjadi $18,1 juta pada semester pertama, turun dari $21,4 juta pada akhir 2024 dan $18,4 juta pada kuartal pertama 2025, meningkatkan efisiensi modal dengan membuka deposito yang dijaminkan. Perusahaan akan terus mengurangi utang selama proses ini tetap menguntungkan dan netral secara kas, guna memperkuat neraca keuangannya.
- - Fokus Berkelanjutan pada Profitabilitas: Kerugian operasional (IFRS) untuk enam bulan yang berakhir pada 30 Juni 2025 sebesar $9,1 juta, sementara EBITDA yang disesuaikan (Non-IFRS) mencapai $5,7 juta. Kerugian bersih (IFRS) untuk periode yang sama adalah $8,5 juta, sedangkan Pendapatan Bersih yang Disesuaikan (Non-IFRS) adalah $5,7 juta. EBITDA dan Pendapatan Bersih yang Disesuaikan mengecualikan kerugian akibat penurunan nilai mata uang dan pengukuran nilai wajar instrumen keuangan. Kinerja Gorilla, tanpa memperhitungkan item akuntansi non-tunai, menunjukkan profitabilitas dasar yang solid secara normalisasi.
- - Tetap Fokus pada Laba Per Saham: Kerugian per saham (IFRS) sebesar $0,43. Laba Dasar Per Saham yang Disesuaikan (Non-IFRS) sebesar $0,29 mencerminkan profitabilitas dasar yang kuat dan skalabilitas operasi inti perusahaan.
“Gorilla telah menyelesaikan semester pertama 2025 dengan fokus, kekuatan, dan momentum yang jelas. Hasil ini menunjukkan profitabilitas dasar model bisnis kami dan jalur pertumbuhan yang sudah mapan saat kami menciptakan nilai bagi pelanggan, pemegang saham, dan pemangku kepentingan yang lebih luas. Kami telah melaksanakan program utama dan menandatangani proyek jangka pendek yang akan mempercepat kinerja pada 2026 dan seterusnya. Rencana ekspansi global kami akan memperkuat posisi kami di Asia Tenggara dan meningkatkan kemampuan pengiriman di pasar utama,” ungkap Jay Chandan, dalam rilisnya, Kamis (14/8/2025).
“Tim kami bekerja dengan disiplin dan ketepatan, mengubah peluang strategis menjadi hasil nyata. Dari kemajuan infrastruktur kritis di Asia hingga mendukung solusi teknologi iklim di hutan hujan Amazon, kami menunjukkan nilai dan kepercayaan yang kami bawa bagi mitra ambisius di seluruh dunia. Ini adalah fondasi untuk pertumbuhan berkelanjutan, penetrasi pasar yang lebih dalam, dan dampak jangka panjang,” tambahnya.
“Kami terus menekankan disiplin keuangan dalam segala hal yang kami lakukan. Tahun ini kami telah melunasi utang lebih dari $3 juta, sekaligus membebaskan aset yang dibatasi, mengubahnya menjadi kas tanpa batasan. Pada paruh kedua tahun ini, kami mengantisipasi pengumpulan dana dari pelanggan yang berkelanjutan dan pembebasan jaminan pelanggan untuk kontrak yang ada, yang akan meningkatkan arus kas kami. Ke depan, kami berniat memanfaatkan cadangan likuiditas besar kami untuk memanfaatkan peluang komersial baru,” kata Bruce Bower.
Mendorong Strategi Jangka Panjang
Pada kuartal ini, Gorilla menandatangani kontrak utama dengan Pelabuhan Tyne di Inggris, Pelabuhan Wan Hai di Taiwan, dan ADE Corporation di Taiwan. Kesepakatan ini mencerminkan pelaksanaan strategi yang secara konsisten dikomunikasikan Gorilla ke pasar dan menandai proyek-proyek lanjutan yang sudah berjalan.
Beberapa detail tambahan tentang kontrak ini antara lain:
- Sistem Pengawasan Cerdas Berbasis AI Wan Hai – Kesepakatan ini menjalin kemitraan dengan perusahaan pengiriman kontainer terkemuka Asia untuk menerapkan otomatisasi AI generasi berikutnya dan pengawasan berbasis visi komputer di terminal kargo utama, meningkatkan efisiensi lapangan, manajemen arus kargo, dan keselamatan.
- Analisis Aliran Keuangan Kriminal CIB ADE Berbasis AI – Mendukung lembaga penyelidikan kriminal terkemuka Taiwan dengan analitik berbasis AI untuk melacak transaksi cryptocurrency, mengungkap aliran dana, dan mengidentifikasi jaringan kriminal, memungkinkan kecepatan dan ketepatan.
Perusahaan saat ini sedang dalam negosiasi aktif untuk beberapa kontrak tambahan. Pipeline Gorilla kini melebihi $5 miliar, berkat peningkatan kapasitas di Amerika Serikat, Timur Tengah dan Afrika Utara, Asia Tenggara & Timur, Amerika Selatan, serta Inggris. Basis kontrak yang terus berkembang, rekam jejak pelaksanaan, dan permintaan pasar menjadikan Gorilla bukan hanya cerita pertumbuhan, tetapi kekuatan global dalam transformasi berbasis AI.
Laporan Keuangan
GORILLA TECHNOLOGY GROUP INC. DAN ANAK PERUSAHAAN
NERACA KONSOLIDASIAN SEMENTARA KONSOLIDASI TANPA AUDIT
PER 30 JUNI 2025 DAN 31 DESEMBER 2024
(Dinyatakan dalam Dolar Amerika Serikat)
| Items | June 30, 2025 (Unaudited) | December 31, 2024 (Audited) | |||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $ | 10,110,206 | $ | 21,699,202 | |||
| Financial assets at fair value through profit or loss | 1,000 | 1,000 | |||||
| Restricted deposits | 16,019,748 | 15,773,099 | |||||
| Unbilled receivables (Contract assets) | 36,883,629 | 34,306,195 | |||||
| Accounts receivable, net | 43,794,936 | 25,670,157 | |||||
| Inventories | – | 5,199 | |||||
| Prepayments | 18,035,818 | 28,632,212 | |||||
| Other receivables, net | 401,684 | 432,696 | |||||
| Other current assets | 176,903 | 151,816 | |||||
| Total current assets | 125,423,924 | 126,671,576 | |||||
| Non-current assets | |||||||
| Property and equipment | 16,831,268 | 14,939,143 | |||||
| Right-of-use assets | 436,504 | 505,345 | |||||
| Intangible assets | 2,675,916 | 2,931,661 | |||||
| Deferred tax assets | 11,266,450 | 6,938,213 | |||||
| Prepayments | 259,662 | 315,304 | |||||
| Financial assets at fair value through profit or loss | 4,000,000 | – | |||||
| Other non-current assets | 1,852,330 | 1,494,740 | |||||
| Total non-current assets | 37,322,130 | 27,124,406 | |||||
| Total assets | $ | 162,746,054 | $ | 153,795,982 | |||
| Liabilities and Equity | |||||||
| Liabilities | |||||||
| Current liabilities | |||||||
| Short-term borrowings | $ | 12,187,029 | $ | 15,073,458 | |||
| Contract liabilities | 265,236 | 273,227 | |||||
| Accounts payable | 30,495,390 | 26,039,076 | |||||
| Other payables | 1,189,270 | 2,451,135 | |||||
| Provisions | 70,664 | 37,673 | |||||
| Lease liabilities | 206,193 | 210,448 | |||||
| Income tax liabilities | 11,063,923 | 9,028,829 | |||||
| Warrant liabilities | 732,887 | 20,082,272 | |||||
| Long-term borrowings, current portion | 1,747,816 | 1,972,371 | |||||
| Other current liabilities | 96,574 | 142,796 | |||||
| Total current liabilities | 58,054,982 | 75,311,285 | |||||
| Non-current liabilities | |||||||
| Long-term borrowings | 4,159,459 | 4,372,188 | |||||
| Provisions | 25,159 | 22,013 | |||||
| Deferred tax liabilities | 1,435,534 | 42,897 | |||||
| Lease liabilities | 480,984 | 579,699 | |||||
| Guarantee deposits received | 408,942 | 364,047 | |||||
| Total non-current liabilities | 6,510,078 | 5,380,844 | |||||
| Total liabilities | 64,565,060 | 80,692,129 | |||||
| Equity | |||||||
| Equity attributable to owners of parent | |||||||
| Share capital | |||||||
| Ordinary share | 21,625 | 19,443 | |||||
| Capital surplus | |||||||
| Capital surplus | 288,904,900 | 254,585,267 | |||||
| Retained earnings | |||||||
| Accumulated deficit | (156,741,789 | ) | (148,238,729 | ) | |||
| Other equity interest | |||||||
| Financial statements translation differences of foreign operations | 1,001,735 | (55,500 | ) | ||||
| Treasury shares | (35,005,477 | ) | (33,206,628 | ) | |||
| Equity attributable to owners of the parent | 98,180,994 | 73,103,853 | |||||
| Total equity | 98,180,994 | 73,103,853 | |||||
| Total liabilities and equity | $ | 162,746,054 | $ | 153,795,982 | |||
GORILLA TECHNOLOGY GROUP INC. AND SUBSIDIARIES
UNAUDITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
SIX MONTHS ENDED JUNE 30, 2025 AND 2024
(Expressed in United States dollars)
| Six Months Ended June 30 | |||||||
| Items | 2025 (Unaudited) | 2024 (Unaudited) | |||||
| Revenue | $ | 39,325,839 | $ | 20,674,691 | |||
| Cost of revenue | (25,877,004 | ) | (2,995,637 | ) | |||
| Gross profit | 13,448,835 | 17,679,054 | |||||
| Operating expenses: | |||||||
| Selling and marketing expenses | (742,592 | ) | (666,312 | ) | |||
| General and administrative expenses | (7,270,555 | ) | (6,381,907 | ) | |||
| Research and development expenses | (1,226,139 | ) | (1,149,834 | ) | |||
| Currency exchange losses, net* | (11,552,001 | ) | (5,028,955 | ) | |||
| Fair value remeasurement of financial instruments | (1,531,210 | ) | (3,278,410 | ) | |||
| Other income | 90,529 | 84,870 | |||||
| Other gains (losses), net | (287,314 | ) | 515,123 | ||||
| Total operating expenses | (22,519,282 | ) | (15,905,425 | ) | |||
| Operating income (loss) | (9,070,447 | ) | 1,773,629 | ||||
| Non-operating income (expenses) | |||||||
| Interest income | 1,177,271 | 392,455 | |||||
| Finance costs | (293,673 | ) | (416,605 | ) | |||
| Total non-operating income (expenses) | 883,598 | (24,150 | ) | ||||
| Profit (loss) before income tax | (8,186,849 | ) | 1,749,479 | ||||
| Income tax expense | (316,211 | ) | (137,891 | ) | |||
| Profit (loss) for the period | (8,503,060 | ) | 1,611,588 | ||||
| Other comprehensive income (loss) | |||||||
| Components of other comprehensive income (loss) that may not be reclassified to profit or loss | |||||||
| Remeasurement of defined benefit plans | – | 2,112 | |||||
| Components of other comprehensive income (loss) that may be reclassified to profit or loss | |||||||
| Exchange differences on translation of foreign operations | 1,057,235 | (1,949,532 | ) | ||||
| Other comprehensive income (loss) for the period, net of tax | 1,057,235 | (1,947,420 | ) | ||||
| Total comprehensive loss for the period | (7,445,825 | ) | (335,832 | ) | |||
| Earning (loss) per share | |||||||
| Basic earning (loss) per share | $ | (0.43 | ) | $ | 0.17 | ||
| Diluted earning (loss) per share | $ | (0.43 | ) | $ | 0.15 | ||
| Weighted average shares of ordinary shares outstanding | |||||||
| Basic | 19,819,284 | 9,330,948 | |||||
| Diluted | 19,819,284 | 10,413,870 | |||||
| * During the six months ended June 30, 2025 and 2024, net currency exchange losses amounted to $12,630,726 and $5,883,074, respectively, due to devaluation of monetary assets denominated in the Egyptian pound arising from the sharp depreciation of the Egyptian pound against the U.S. dollar in March 2024. | |||||||
GORILLA TECHNOLOGY GROUP INC. AND SUBSIDIARIES
UNAUDITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2025 AND 2024
(Expressed in United States dollars)
| Six months ended June 30 | ||||||
| 2025 | 2024 | |||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
| Profit (loss) before tax | $ | (8,186,849 | ) | $ | 1,749,479 | |
| Adjustments | ||||||
| Adjustments to reconcile profit (loss) | ||||||
| Expected credit losses | 6,107 | 364,640 | ||||
| Depreciation expenses | 325,824 | 275,746 | ||||
| Amortization expenses | 317,806 | 442,242 | ||||
| Gain on disposal of property and equipment | – | (73 | ) | |||
| Share-based payment expenses | 271,050 | 722,176 | ||||
| Share-based compensation expenses | 472,642 | – | ||||
| Interest expense | 293,673 | 416,605 | ||||
| Interest income | (1,177,271 | ) | (392,455 | ) | ||
| Unrealized exchange loss | 11,224,264 | 3,993,733 | ||||
| Loss on financial liabilities at fair value through profit or loss | 1,531,210 | 3,278,410 | ||||
| Gain on financial assets at fair value through profit or loss | – | (548,944 | ) | |||
| Changes in operating assets and liabilities | ||||||
| Changes in operating assets | ||||||
| Unbilled receivables (Contract assets) | (39,419,954 | ) | (20,027,585 | ) | ||
| Accounts receivable, net | 6,933,000 | 3,051,025 | ||||
| Inventories | 5,362 | 1,316 | ||||
| Prepayments | 12,749,966 | (685,966 | ) | |||
| Other receivables | – | (433,302 | ) | |||
| Other current and non-current assets | (18,406 | ) | 528,649 | |||
| Changes in operating liabilities | ||||||
| Contract liabilities | (37,362 | ) | (59,403 | ) | ||
| Notes payable | – | 34 | ||||
| Accounts payable | 4,232,202 | (2,160,932 | ) | |||
| Other payables | (1,472,181 | ) | (1,500,939 | ) | ||
| Provisions | 24,003 | (79,505 | ) | |||
| Other current and non-current liabilities | (54,820 | ) | 48,669 | |||
| Guarantee deposits received | 512 | – | ||||
| Cash flows used in operations | (11,979,222 | ) | (11,016,380 | ) | ||
| Interest received | 1,205,745 | 448,299 | ||||
| Interest paid | (324,623 | ) | (672,592 | ) | ||
| Tax paid | (1,420,411 | ) | (18,106 | ) | ||
| Net cash used in operating activities | (12,518,511 | ) | (11,258,779 | ) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
| Acquisition of property and equipment | (328,833 | ) | (363,096 | ) | ||
| Proceeds from disposal of property and equipment | – | 143 | ||||
| Acquisition of intangible assets | (54,987 | ) | (57,982 | ) | ||
| Financial assets at fair value through profit or loss | (4,000,000 | ) | – | |||
| Investment in restricted deposits | (179,930 | ) | – | |||
| Guarantee deposits paid | (289,069 | ) | (41,291 | ) | ||
| Net cash flows used in investing activities | (4,852,819 | ) | (462,226 | ) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
| Proceeds from short-term borrowings | 14,327,643 | 7,050,890 | ||||
| Repayments of short-term borrowings | (18,680,180 | ) | (6,622,572 | ) | ||
| Repayments of long-term borrowings | (1,105,138 | ) | (750,819 | ) | ||
| Principal repayment of lease liabilities | (106,870 | ) | (68,252 | ) | ||
| Repayments of loan from shareholders | – | (3,000,000 | ) | |||
| Buyback of treasury stocks | (1,798,849 | ) | – | |||
| Exercise of share options | 17,796 | – | ||||
| Proceeds from preferred shares and private warrants | 12,679,732 | 9,650,000 | ||||
| Exercise of restricted share units | – | (39,056 | ) | |||
| Proceeds from issuance ordinary share | – | 11,290,004 | ||||
| Net cash flows from financing activities | 5,334,134 | 17,510,195 | ||||
| Effect of foreign exchange rate changes | 448,200 | 122,449 | ||||
| Net (decrease) increase in cash and cash equivalents | (11,588,996 | ) | 5,911,639 | |||
| Cash and cash equivalents at beginning of period | 21,699,202 | 5,306,857 | ||||
| Cash and cash equivalents at end of period | $ | 10,110,206 | $ | 11,218,496 | ||
RECONCILIATION OF OPERATING INCOME (LOSS) AS PER INTERNATIONAL
FINANCIAL REPORTING STANDARDS (IFRS) TO ADJUSTED OPERATING INCOME AND
ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AND AMORTIZATION
(EBITDA)
| Six Months Ended June 30 | |||||||
| Items | 2025 (Unaudited and Unreviewed) | 2024 (Unaudited and Unreviewed) | |||||
| (Amount in USD) | |||||||
| Operating income (loss) (IFRS) | $ | (9,070,447 | ) | $ | 1,773,629 | ||
| Add: Exchange loss from currency devaluation | 12,630,726 | 5,883,074 | |||||
| Add: Fair value remeasurement of financial instruments | 1,531,210 | 3,278,410 | |||||
| Adjusted Operating income (Non-IFRS) | $ | 5,091,489 | $ | 10,935,113 | |||
| Add: Depreciation expenses | 325,824 | 275,746 | |||||
| Add: Amortization expenses | 317,806 | 442,242 | |||||
| Adjusted EBITDA (Non-IFRS) | $ | 5,735,119 | $ | 11,653,101 | |||
RECONCILIATION OF IFRS NET INCOME (LOSS) TO ADJUSTED NET INCOME (NON-IFRS)
| Six Months Ended June 30 | |||||||
| Items | 2025 (Unaudited and Unreviewed) | 2024 (Unaudited and Unreviewed) | |||||
| (Amount in USD) | |||||||
| Net income (loss) (IFRS) | $ | (8,503,060 | ) | $ | 1,611,588 | ||
| Add: Exchange loss from currency devaluation | 12,630,726 | 5,883,074 | |||||
| Add: Fair value remeasurement of financial instruments | 1,531,210 | 3,278,410 | |||||
| Adjusted Net income (Non-IFRS) | $ | 5,658,876 | $ | 10,773,072 | |||
RECONCILIATION OF EARNINGS (LOSS) PER SHARE (IFRS) TO ADJUSTED EARNINGS PER SHARE (NON-IFRS)
| Six Months Ended June 30 | |||||||
| Items | 2025 (Unaudited and Unreviewed) | 2024 (Unaudited and Unreviewed) | |||||
| (Amount in USD) | |||||||
| Basic Earnings (loss) per share (IFRS) | $ | (0.43 | ) | $ | 0.17 | ||
| Add: EPS impact of Exchange loss from currency devaluation | 0.08 | 0.35 | |||||
| Add: EPS impact of Fair value remeasurement of financial instruments | 0.64 | 0.63 | |||||
| Adjusted Basic Earnings per share (Non-IFRS) | $ | 0.29 | $ | 1.15 | |||
Semua jumlah per saham dalam tabel di atas dihitung menggunakan rata-rata tertimbang saham biasa dasar yang beredar sebanyak 19.819.284 dan 9.330.948 untuk enam bulan yang berakhir pada 30 Juni 2025 dan 2024, masing-masing.
Tentang Gorilla Technology Group Inc.
Berkantor pusat di London, Inggris Raya, Gorilla adalah penyedia solusi global dalam bidang Security Intelligence, Network Intelligence, Business Intelligence, dan teknologi IoT. Kami menyediakan berbagai solusi, termasuk Smart City, Jaringan, Video, Konvergensi Keamanan, dan IoT, yang diterapkan pada beberapa sektor pilihan seperti Pemerintah & Layanan Publik, Manufaktur, Telekomunikasi, Ritel, Transportasi & Logistik, Kesehatan, dan Pendidikan, dengan menggunakan teknologi AI dan Deep Learning.
Keahlian kami terletak pada revolusi operasional perkotaan, memperkuat keamanan, dan meningkatkan ketahanan. Kami menghadirkan produk-produk inovatif yang memanfaatkan kekuatan AI dalam pengawasan video cerdas, pengenalan wajah, pengenalan plat nomor, komputasi edge, analitik pasca-kejadian, dan teknologi keamanan siber tingkat lanjut. Dengan mengintegrasikan teknologi berbasis AI ini, kami memberdayakan Smart City untuk meningkatkan efisiensi, keselamatan, dan langkah-langkah keamanan siber, yang pada akhirnya meningkatkan kualitas hidup bagi penduduknya.
