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WeTheMarket

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WeTheMarket

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Thursday, 04/04/2024 8:25:37 AM

Thursday, April 04, 2024 8:25:37 AM

Post# of 161
Gorilla Reports Record 2023 Financial Results
April 4, 2024
https://investors.gorilla-technology.com/news-releases/news-release-details/gorilla-reports-record-2023-financial-results

Highlights
-- 2023 revenues up 189% YoY compared to 2022, highlighting continued success globally --
-- High value product and services business model reflected in 2023 gross margin of 69% --
-- Total net income of $19.9 million, compared to ($87.5 million), a 123% increase YoY --
-- Adj. EBITDA of $29.0 million, compared to ($6.0) million, a 587% increase YoY --
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