Gorilla Technology Q1 operating loss widens to US$41.1 million; revenue rises 55% to US$28.2 million

• Gorilla Technology Q1 revenue rose 55% to US$ 28.2 million; net loss widened to US$ 36.96 million, or US$ (1.42) per share.
• Operating cash flow turned positive at US$ 6.6 million; cash and cash equivalents climbed 373% year on year to US$ 98.4 million.
• Reported IFRS operating loss widened to US$ 41.1 million, driven primarily by US$ 20.9 million stock-based compensation and US$ 18.9 million FX losses.
• Collections from the Egypt project boosted cash generation; advance payment guarantees tied to completed stages were released as the project moves toward final implementation.
• Raised full-year 2026 revenue outlook to US$ 160 million-US$ 200 million; CEO Jay Chandan cited Yotta as a potential annualized revenue base above US$ 500 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gorilla Technology Group Inc. published the original content used to generate this news brief on May 27, 2026, and is solely responsible for the information contained therein.