Shares surged 25.4% as Gorilla’s sizeable revenue growth and transition to operating cash flow positivity overcame accounting headwinds and foreign exchange losses, signaling investor confidence in its strategic pivot to AI infrastructure scaling.

• Revenue grew 55% year-over-year to $28.2 million.
• Operating cash flow turned positive with $6.6 million generated, compared to a $10.7 million cash use in Q1 last year, a $17.3 million improvement.
• Reported operating loss totaled $41.1 million but was heavily skewed by $20.9 million in stock compensation and $18.9 million in foreign exchange losses; underlying operating loss was only $1.2 million.
• Cash on hand increased substantially to $98.4 million, up 373% year-over-year, reflecting strong collection and milestone achievement.
• Company is investing heavily in AI, GPU infrastructure, data centers, and sovereign digital platforms, emphasizing transition costs ahead of anticipated scale.