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Gorilla Technology Reports Stellar 2023 Growth
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Gorilla Technology Reports Stellar 2023 Growth

Gorilla Technology Group Inc. (GRRR) has released an update.

Gorilla Technology Group Inc. has reported a remarkable year in 2023, with a revenue surge of 189% from the previous year, gross margins climbing to 69%, and a dramatic net profit increase to $19.9 million, overcoming the prior year’s loss. This financial turnaround is underscored by an impressive 587% rise in adjusted EBITDA, positioning the company for sustained growth in the tech industry.

For further insights into GRRR stock, check out TipRanks’ Stock Analysis page.

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