Gorilla Tech Finishes Financial Overhaul, Expands International AI Footprint

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04/ 30/ 2025– 09: 00 AM 13;
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London, UK–( Newsfile Corp.– April 30, 2025– Gorilla Technology Group Inc. (NASDAQ: GRRR) (” Gorilla” or the “Firm”), a worldwide option company in Safety and security Expertise, Network Expertise, Service Expertise and IoT innovation, today disclosed that the filing of its full-year audited financials for the year ended up 31 December 2024 on Type 20 -F with the United State Stocks and Exchange Settlement will certainly be made today after market close.

Jay Chandan, Chairman and CEO, commented:” 2024 was the year we moved from makeover to velocity. We have really sealed our positioning in the AI area, and we are establishing the electronic facilities that will power government governments and service for the next decade. Over the last 18 months, we have actually quickly increased around the world– from Southeast Asia to India to the Center East. We are furthermore creating solid momentum in Europe, North America and Latin America. We have established a service growth engine which is underpinned deliberately of effective implementation and long lasting collaboration. Our sales pipe is solid, our procedures are structured, and we are positive as we intend to the future, even in the midst of a hard macroeconomic setup.”

Mr. Chandan continued, “The toughness of our audited financials mirrors the technique, range and ambition with which we are running business. Our dedication to precision in economic coverage and disclosure reinforces that Gorilla bases on solid ground– operationally, economically and fairly.”

Gorilla’s 20 -F will definitely mirror the sticking to updates to its financial controls and coverage:

• Gorilla has actually completely remediated all formerly reported product weaknesses. This contains updating its financial systems, collaborating with seasoned ability and enhancing its interior administration.
• Gorilla is totally Sarbanes-Oxley compliant, adhering to substantial collaborate with an outside professional, stressing the deepness and rigor of business’s interior controls and treatments, along with its maturation as a U.S.-listed business.

Bruce Arbor, Meantime CFO, added, “We enjoy to progress our monetary imperatives. Looking in advance, Gorilla will absolutely continue to be to maintain the roughness, strategy and sincerity that this proclaiming has actually revealed and validates. The structure is in area, and we are well-positioned to scale for the long-term. With a clear approach, impressive administration and relentless implementation, our business believe Gorilla represents front-footed management in this brand-new AI-driven duration.”

Additional information and total financial affirmations can be discovered in the 20 -F submitted later today, after market close, on the SEC’s site at www.sec.gov

Concerning Gorilla Technology Team Inc.

Headquartered in London U.K., Gorilla is an international remedy provider in Protection Knowledge, Network Expertise, Business Knowledge and IoT technology. We provide a substantial variety of alternatives, including Smart City, Network, Video Clip, Safety And Protection Convergence and IoT, throughout choice verticals of Federal government & & & Public Solutions, Production, Telecom, Retail, Transport & & & Logistics, Healthcare and Education and learning and discovering, by making use of AI and Deep Recognizing Technologies.

Our experience depends on reinventing city treatments, enhancing security and enhancing resilience. We provide presenting items that harness the power of AI in intelligent video tracking, face recommendation, allow plate acknowledgment, side computer, post-event analytics and progressed cybersecurity modern-day innovations. By integrating these AI-driven modern innovations, we equip Smart Cities to improve efficiency, safety and security and cybersecurity actions, inevitably boosting the way of life for citizens.

For extra details, please see our site: Gorilla-Technology. com

Dynamic Declarations

This news release includes “favorable statements” within the significance of the “risk-free harbor” setups of the Personal Supplies Litigation Reform Act of 1995 Gorilla’s real results might differ from its expectations, estimates and estimates and consequently, you require to not trust these modern statements as projections of future occasions. Words such as “prepare for,” “quote,” “project,” “spending strategy,” “projection,” “plan for,” “strategy,” “plan,” “may,” “will,” “could,” “should,” “assumes,” “anticipates,” “possible,” “can” and “earnings,” and similar expressions are planned to determine such progressive declarations. These positive declarations include, without limitation, statements worrying our beliefs concerning future incomes, our capacity to bring in the interest of customers and capitalists alike, Gorilla’s capability to win additional jobs and apply conclusive contracts associated thereto, in addition to those different other threats discussed under the heading “Hazard Aspects” in the Kind 20 -F Gorilla will certainly submit with the Stocks and Exchange Payment (the “SEC”) on April 30, 2025 and those that are contained in any among Gorilla’s future filings with the SEC. These progressive statements consist of significant dangers and unpredictabilities that may produce real outcomes to vary materially from expected results. A great deal of these elements are outside of the control of Gorilla and are tough to expect. Required to numerous of these dangers or unpredictabilities show up, or should certainly underlying assumptions validate incorrect, actual results may differ materially from those suggested or planned for by such dynamic statements. Viewers are alerted not to place undue dependence upon any kind of kind of modern affirmations, which speak only since the day made. Gorilla carries out no obligation to upgrade positive declarations to mirror events or circumstances after the day they were made other than as called for by regulation or pertinent plan.

To see the resource variation of this news release, please most likely to https://www.newsfilecorp.com/release/ 250289

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