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BILBAO, Spain, Nov. 20, 2025 /PRNewswire/ -- Fibocom, a global leader in wireless communication modules and AI solutions, announced that its Cat.M module MQ771-GL has entered the engineering sample stage. With its ultra-compact size, low power consumption, global frequency coverage, and stable network compatibility, the MQ771-GL offers a cost-effective IoT solution for asset tracking, enabling long battery life, high reliability, and precise positioning for large-scale LPWA deployments. Dual-Mode Support for Flexible Deployment The MQ771-GL supports 3GPP Release 14 Cat.M1 and NB-IoT standards and is compatible with mainstream frequency bands worldwide, making it ideal for LPWA network deployments across North America, Europe, Asia, and beyond. This global compatibility ensures reliable connectivity for asset tracking devices and enables flexible operation even in complex or challenging environments. Compact Size with Ultra-Low Power Consumption Leveraging advanced power management technologies, the MQ771-GL supports PSM (Power Saving Mode) and eDRX (extended Discontinuous Reception), dramatically extending device battery life. In PSM mode, standby current drops to the microampere (μA) level, cutting power consumption by 75% compared with the previous generation — ideal for smart water meters. In eDRX mode, power usage is reduced by 90%, making it suitable for gas meters, asset trackers, and other long-term outdoor devices, enabling multi-year operation. The module's 17.7mm × 15.8mm LGA package is compatible with the pin layout of Fibocom's Cat.1 modules, supporting flexible product iteration. Its compact form factor is well-suited for space-constrained tracking devices, simplifying integration and deployment. Enhanced Performance with Rich Interface Options The MQ771-GL supports MQTT, CoAP, LwM2M and standard interfaces like UART, I2C, and I2S, making it adaptable for diverse asset tracking terminals. It integrates Soft GPS for precise real-time positioning and features a hardware-level security engine for encrypted, secure communications, protecting against unauthorized access. Liu Sunzhi, General Manager of Fibocom's MTC Business Unit, commented:"With the MQ771-GL now entering the engineering sample stage, its ultra-compact, ultra-low-power design is set to lower development barriers for asset tracking terminals and accelerate large-scale IoT connectivity. Moving forward, we will continue to strengthen collaborative innovation with vertical industries, driving the rapid commercialization of low-power, wide-connectivity solutions for asset tracking and other IoT applications."
Supermicro introduces the latest addition of AI-accelerated solutions with a new 10U air-cooled server, which incorporates the AMD Instinct MI355X GPUs delivering breakthrough performance for AI and Inference workloads Part of Supermicro's Data Center Building Block® (DCBBS) architecture, the new 10U server delivers reliable and optimized performance for shorter development cycles and faster time-to-market The new server delivers up to 4x generation-on-generation AI compute improvement and up to 35x leap in inferencing performance1 SAN JOSE, Calif. and ST. LOUIS, Nov. 20, 2025 /PRNewswire/ -- Supercomputing Conference -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is announcing the latest addition to the AMD-based Instinct™ MI350 series GPU optimized solutions, delivering unparalleled performance, maximum scalability, and power efficiency. Supermicro has designed this new system for organizations that need the high-end performance of AMD Instinct MI355X GPUs but require an air-cooled environment. AS-A126GS rack front "Supermicro leads the industry with the most experience in delivering high-performance solutions in AI and HPC for our customers," said Vik Malyala, SVP Technology and AI at Supermicro. "Supermicro's DCBBS enables us to quickly incorporate AMD solutions by deploying advanced technology with proven data center solutions to market. The addition of the new air-cooled AMD Instinct MI355X GPU systems expands and strengthens our portfolio of AI solutions and gives customers more choices as they build next-generation data centers." For more information, please visit: https://www.supermicro.com/en/accelerators/amd Supermicro is once again expanding its liquid-cooled and air-cooled high-performance product line, with the new 10U air-cooled servers. These systems leverage the existing industry standard OCP Accelerator Module (OAM). These accelerated GPU servers offer 288GB HBM3e per GPU, 8TB/s bandwidth, and with a boost from 1000W TDP to 1400W TDP, pushing up to double-digit more performance compared to the air-cooled 8U MI350X system, thus enabling customers to process data faster. With the new 10U option added to the lineup of MI355X powered GPU servers, customers can unlock higher performance per rack on both air-cooled and liquid-cooled infrastructure at scale. "AMD is proud to collaborate with Supermicro to bring the air-cooled AMD Instinct MI355X GPU to market, making it easier for customers to deploy advanced AI performance within existing infrastructure," said Travis Karr, corporate vice president of business development, Data Center GPU Business, AMD. "Together, AMD and Supermicro are driving leadership in performance and efficiency, delivering next-generation AI and HPC solutions that accelerate innovation across data centers worldwide." These GPU solutions are designed to offer maximum performance for AI and inference at scale across cloud service providers and enterprises. The extended portfolio of Supermicro accelerated AI servers with AMD Instinct MI350 series GPUs highlights next-generation data center solutions built on Supermicro's DCBBS architecture along with AMD's latest 4th Gen CDNA architecture to once again deliver advanced AI solutions first to the market. These new Supermicro servers with AMD Instinct GPUs are being showcased at SC25 in St. Louis, MO. The Supermicro 10U server with AMD Instinct MI355X GPUs is currently shipping. Learn More about Supermicro's 10U air-cooled server with AMD Instinct MI355X 1https://www.amd.com/en/blogs/2025/amd-instinct-mi350-series-and-beyond-accelerating-the-future-of-ai-and-hpc.html# About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. All other brands, names, and trademarks are the property of their respective owners. AS-A126GS front AMD MI355X
Singtel strengthens its 5G enterprise solution leadership by driving intelligent connectivity and digital transformation across industries SAN ANTONIO, Nov. 19, 2025 /PRNewswire/ -- Frost & Sullivan is pleased to announce that Singtel has received the 2025 Asia-Pacific Company of the Year Recognition in the 5G enterprise industry for its exceptional performance in enabling digital transformation across enterprise segments. The telco received the award for its ability to deliver next-generation 5G solutions that empower enterprises to innovate, achieve operational efficiency, and enhance customer experiences through advanced connectivity, cloud integration, and automation. The telco received the award for its ability to deliver next-generation 5G solutions that empower enterprises to innovate, achieve operational efficiency, and enhance customer experiences through advanced connectivity, cloud integration, and automation. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Singtel excelled in both, demonstrating its ability to align its long-term strategy with evolving market needs while executing at scale. "Singtel has demonstrated exceptional leadership in commercializing 5G technology to deliver tangible enterprise impact. By integrating edge computing, cloud orchestration, and AI-driven automation through its Paragon platform, it has successfully addressed the long-standing limitations of legacy systems. The company's focus on scalability, network reliability, and customer experience positions it as a benchmark for 5G enterprise transformation in the region," said Mei Lee Quah, Senior Director, ICT Research at Frost & Sullivan. Guided by its Singtel28 growth strategy, the company has continued to strengthen its market position through digital innovation, partnerships, and sustainable business practices. With nationwide 5G standalone coverage and strategic coverage enhancements with its 700 MHz spectrum, Singtel enables enterprises to harness the full potential of 5G technology. Its 5G+ Priority service, which leverages network slicing, ensures uninterrupted connectivity for mission-critical operations, while its Empower portal simplifies service management and enhances operational visibility for enterprise users. Innovation is at the heart of Singtel's approach. Its Paragon platform seamlessly integrates 5G with edge computing and cloud orchestration, empowering enterprises to deploy and manage AI, IoT, and immersive applications efficiently. This innovation has been particularly transformative for industries such as manufacturing, healthcare, and logistics, where low-latency, high-reliability connectivity drives real-time automation and analytics. Singtel's robust 5G ecosystem continues to deliver measurable value across industries. In healthcare, its 5G and network slicing capabilities support AR/MR devices and mobile robotics for remote diagnostics and telemedicine, improving accessibility and service delivery. In logistics, its 5G+ Enterprise Velocity plans enable predictive maintenance and autonomous operations through IoT connectivity and enhanced indoor coverage. These deployments highlight Singtel's commitment to developing purpose-built, industry-specific solutions that enable customers to scale intelligently and securely. Frost & Sullivan commends Singtel for setting a high standard in competitive strategy, innovation, and customer experience. The company's leadership in 5G enterprise transformation extends beyond technology; its brand equity, customer-centric mindset, and operational excellence collectively reinforce its position as one of the most trusted telecom brands in Asia-Pacific. As enterprises embrace AI, automation, and digital-first operations, Singtel's ability to deliver reliable, intelligent, and future-ready connectivity will continue to shape the evolution of the 5G enterprise landscape. Each year, Frost & Sullivan presents the Company of the Year Recognition to a firm that exemplifies outstanding strategy development and execution, resulting in superior market performance and customer satisfaction. This recognition celebrates organizations that demonstrate forward-thinking leadership, innovation excellence, and the ability to set industry benchmarks through measurable impact. Frost & Sullivan Best Practices RecognitionFrost & Sullivan's Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.Contact us: Start the discussion. Contact:Tarini SinghE: Tarini.Singh@frost.com
Supermicro offers complete, turnkey solutions based on NVIDIA-Certified Systems™ with the latest-generation NVIDIA accelerated computing platforms, leveraging Supermicro Data Center Building Block Solutions® (DCBBS) to accelerate time-to-online Full-stack solutions comprising Supermicro's industry-leading portfolio of AI-optimized systems, NVIDIA software stack, and NVIDIA Spectrum-X Ethernet, streamlining the process of AI development from concept to production at any scale Supermicro's AI Factory solutions are based on NVIDIA Enterprise Reference Architectures with Supermicro single and multi-rack validation & testing to ensure seamless plug-and-play deployment SAN JOSE, Calif. and ST. LOUIS, Nov. 18, 2025 /PRNewswire/ -- Supercomputing Conference -- Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, is announcing new complete, turnkey solutions to simplify deployment and accelerate time-to-online for AI factories. Based on NVIDIA Enterprise Reference Architectures and NVIDIA Blackwell GPUs, the new rack-scale clusters are fully integrated and validated by Supermicro, and delivered as full-stack solutions, complete with the NVIDIA software stack and NVIDIA Spectrum-X Ethernet networking. Supermicro's DCBBS can further facilitate the build-out of AI factories, providing everything needed to develop a new greenfield data center or to refurbish a traditional data center into an AI factory, reducing lead times and the need to juggle multiple vendors. DCBBS sys 422GL-522GA--A22GA "Supermicro has always led the industry in time-to-market for new GPU technologies at rack-scale, and we're leveraging our expertise in delivering large-scale NVIDIA GB300 NVL72 and NVIDIA HGX B300-based AI infrastructure to enable the democratization of AI for enterprises in every industry," said Charles Liang, president and CEO of Supermicro. "The AI factory is the foundation for transforming every company into an AI company, and in combination with our Data Center Building Block Solutions, Supermicro and NVIDIA are helping enterprises accelerate and streamline the deployment of AI factories for the industry's shortest time-to-online (TTO)." For more information on Supermicro AI Factory cluster solutions, please visit supermicro.com/aifactory Supermicro offers complete AI factory solutions based on Supermicro NVIDIA-Certified Systems featuring NVIDIA Blackwell GPUs, which have been optimized for maximum performance and efficiency in traditional environments where power, cooling, and physical space are common restricting factors when deploying AI infrastructure. Supermicro AI Factory solutions include Spectrum-X networking and are based on the NVIDIA Enterprise Reference Architectures for NVIDIA RTX PRO™ 6000 Blackwell Server Edition GPUs and NVIDIA HGX™ B200. Preconfigured as scalable units, Supermicro AI factory cluster solutions are available in small, medium, and large configurations, ranging from 4 nodes and 32 GPUs up to 32 nodes and 256 GPUs. The clusters are integrated and tested up to L12 (multi-rack cluster) at Supermicro's global production sites—including in San Jose, CA—and include the NVIDIA software stack (NVIDIA AI Enterprise, NVIDIA Omniverse™, NVIDIA Run:ai), NVIDIA Spectrum-X Ethernet networking, and fully integrated cabling for a complete solution that is plug-and-play and ready to start generating tokens from day one. Supermicro also offers storage solutions for all stages of the AI data pipeline, based on a comprehensive portfolio of storage-optimized systems. Together with leading data management ISVs, Supermicro can support the NVIDIA AI Data Platform reference design and enable AI workflows within the AI factory. Supermicro is currently taking orders for AI factory cluster solutions in 4, 8, and 32-node configurations with NVIDIA RTX PRO 6000 Blackwell Server Edition or NVIDIA HGX B200 GPUs, optimized for AI and HPC workloads at any scale. Universal AI, HPC, and visual computing clusters with NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs – Based on Supermicro's 4U and 5U PCIe GPU systems, with 8 GPUs per node in a 2-8-5-200 (CPU-GPU-NIC-Bandwidth) configuration, these cluster solutions are able to handle AI inference, enterprise HPC, and graphics & rendering workloads, enabling enterprises to leverage common infrastructure for multiple applications. High performance AI and HPC clusters with NVIDIA HGX GPUs – Based on Supermicro's 10U modular GPU platforms, each node includes NVIDIA HGX B200 8-GPU and supports NVIDIA NVLink® for maximum GPU-GPU communication. These clusters are optimized for AI model fine-tuning and training, as well as HPC workloads. About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. All other brands, names, and trademarks are the property of their respective owners. Photo - https://mma.prnasia.com/media2/2825312/Supermicro_DCBBS_sys_422GL_522GA_A22GA.jpg?p=medium600Logo - https://mma.prnasia.com/media2/1443241/Supermicro_Logo.jpg?p=medium600
AI驅動設施管理平台登陸日本，專注應對智能建築新挑戰 香港2025年11月18日 /美通社/ -- 作為全球領先的科技企業 NTT 集團的其中一員，NTT Com Asia 於10月9日至10日在日本東京舉辦的集團年度旗艦創新盛會 NTT docomo Business Forum '25 隆重展示旗下 AI 智能建築管理平台 OCEAN Intelligence™。 本屆論壇以「共創未來：產業及地區數碼轉型」為主題，匯聚數千位日本業界領袖、企業代表及創新人士，透過主題演講及展覽，全方位展示 NTT DOCOMO BUSINESS 集團的願景、服務與解決方案。 OCEAN Intelligence™ 本次首度於國際舞台亮相，透過互動展示，聚焦即時 AI 建築洞察、預測性維護及能源優化等功能，為日本都市面對的獨特挑戰提供創新解決方案。 日本智能建築市場預計於2033年達到314.5億美元，年複合增長率高達17.6%，將成爲亞太地區成長最迅速的市場之一。OCEAN Intelligence™ 以直觀介面及動態模擬，獲得現場正面迴響，展現其回應市場需求及重塑日本智能基礎設施格局的潛力。 OCEAN Intelligence™ 由 NTT Com Asia 於香港研發，現已為 NTT 旗下設施和香港及其他地區客戶部署。平台秉持將 AI 注入建築的願景，透過開放式硬件及自動化營運流程，收集高密度即時數據，打破專有障礙，并將OT/IT/IoT 系統融合至單一視窗的管理界面。其可整合架構支持全球合作夥伴生態系統，促進科技共創，為智能建築行業及社區帶來更大價值。 NTT Com Asia 首席技術總監蘇耀宗表示：「NTT 擁有深厚的關鍵基礎設施及數據中心管理經驗。OCEAN Intelligence™ 率先於我們自身的設施中部署，並取得顯著成效，其中數據收集成本降低40%，維護停機時間減少75%，決策及事故根本原因分析速度提升5倍。自今年正式推出以來，OCEAN Intelligence™ 已逐步開拓國際市場，再次印證其性能卓越，並強化我們在全球智能設施管理領域堅持創新及可持續發展的承諾。」 NTT Com Asia 人工智能解決方案副總裁袁德義表示：「OCEAN Intelligence™ 以AI技術為核心，無縫連接系統及物聯網設備，以即時提供可行的見解，推動更智能、高效的建築營運，並革新現時設施管理模式。」 NTT Com Asia智能建築平台 OCEAN Intelligence™ 亮相日本 NTT docomo Business Forum ’25 （完） 關於 NTT DOCOMO BUSINESS NTT Communications Corporation 已於 2025 年 7 月 1 日更名為 NTT DOCOMO BUSINESS, Inc.。作為推動產業與區域數位轉型的平台，我們致力於打造一個去中心化、自主協作的社會，使企業與社區能夠實現可持續發展。我們的使命是釋放新的價值，助力實現全民繁榮。 關於 NTT Com Asia 作為全球領先的科技企業 NTT 集團的一員，NTT Com Asia 致力透過創新打造智能及可持續的世界。我們協助企業釋放數據的全部潛能，加速其數碼及人工智能轉型之旅。 從智能數碼基建、創新科技服務到尖端 AI 解決方案，我們助力機構應對以數據為核心的世界中不斷演變之挑戰。 如欲了解更多資訊，請瀏覽：www.ntt.com.hk。 關於 OCEAN Intelligence™ OCEAN Intelligence™ 是一個開放、可擴充的平台，旨在將AI注入建築。它不僅收集物聯網（IoT）和建築信息模型（BIM ）數據，還能即時提供可行的見解，打破數據孤島，並提供靈活的模組化設計，以及一系列由開放式合作夥伴生態系統支持的即時整合解決方案。從數碼建築到數碼營運，OCEAN Intelligence™ 是創造更智能、可持續的建築策略夥伴。 如欲了解更多資訊，請瀏覽：http://www.oceanintels.ai/。
– Q3 revenue up 32% year on year delivering the strongest quarter in its history – – Bottom line at breakeven versus a $7.8 million loss in Q3 2024 – – Total cash $121.4 million including $110.2 million unrestricted at end of Q3 – – $1.4 billion AI data centre mandate secured and an advanced AI and GPU infrastructure pipeline now above $7 billion with build already under way for phased implementation from early 2026 – London, United Kingdom--(Newsfile Corp. - November 17, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported its financial results for the three months ended September 30, 2025, reiterated the Company's guidance for fiscal 2025 and provided guidance for full year 2026. Key highlights include: Record revenue growth: Revenue for the quarter ended September 30, 2025, was $26.5 million, compared with $20.1 million for the same period in 2024, an increase of approximately 32%. The increase was due primarily to the Company's execution on AI infrastructure, public safety and enterprise projects across Asia, the Middle East, Europe and the Americas. Strong project execution: The Company delivered an operating income of approximately $0.4 million for the third quarter of 2025, compared to an operating loss of $6.0 million for the same period in 2024. This swing of more than $6.4 million was due primarily due to disciplined operating expenses across people, professional services, and overheads, and stronger contracting and vendor alignment that improved efficiency. This performance validates Gorilla's focus on core operations and improved efficiency as it expands its presence in large-scale AI data centre and GPU infrastructure programmes. Continued focus on profitability: EBITDA for the quarter ended September 30, 2025, was $0.8 million, compared to an EBITDA loss of $5.6 million for the quarter ended September 30, 2024, while net loss was close to breakeven at $0.03 million for the quarter ended September 30, 2025, compared to a loss of $7.8 million for the quarter ended September 30, 2024. Adjusted EBITDA for the quarter ended September 30, 2025, was $6.8 million, up 21% from $5.6 million for the quarter ended September 30, 2024. Adjusted Net Income increased 72% year on year to $6.0 million for the quarter ended September 30, 2025, from $3.5 million for the quarter ended September 30, 2024. Maximizing working capital flexibility: As of September 30, 2025, total debt was $15.1 million, a decrease of 30% from $21.4 million at the end of 2024. As of the end of the third quarter of 2025, Gorilla's unrestricted cash position increased to $110.2 million from $21.7 million as of December 31, 2024, an increase of ~ 408%, and $10.1 million as of June 30, 2025, an increase of ~ 990%. Gorilla continues to manage its working capital debt ensuring flexibility to fund existing contracts and convert its client pipeline without balance sheet strain. Earnings per share inflection: Basic and diluted EPS were approximately breakeven for the quarter ended September 30, 2025, while adjusted basic EPS was $0.26 and adjusted diluted EPS was $0.24 for the same period. Statement from Jay Chandan, Chairman and CEO: "The third quarter marks a turning point where Gorilla became a recognized leader in AI infrastructure. Our contracted projects, strong balance sheet and clear line of sight to scale differentiate us from peers that have yet to deliver beyond the promise of AI. We are optimistic about our revenue growth in the coming years, driven by secured mandates, including our recently announced $1.4 billion AI data centre contract in Southeast Asia, as well as ongoing deployments and a robust pipeline." "We have built a platform that designs, builds and operates sovereign-grade AI infrastructure alongside governments, telecommunications providers, and leading institutions. From here, our priorities are clear; convert our pipeline, grow high quality recurring revenue, maintain our cost discipline and deliver consistently strong quarters to drive a complete re-rating of Gorilla in the eyes of global investors." Update on Key Projects: In Southeast Asia, Gorilla is now executing its 5G and AI infrastructure projects across the region, with deployment activity accelerating through the last quarter. In MENA, Gorilla's projects are entering the final execution phase. With strong collections and solid delivery momentum across both regions, these programmes highlight Gorilla's ability to execute large-scale national infrastructure with precision and reliability. Financial Outlook: 2026 Guidance For full year 2026, Gorilla currently expects revenue in the range of $137 million to $200 million. This estimate is underpinned by the expected completion initial phase of the $1.4 billion Southeast Asia AI data centre project in the first quarter of next year, which is expected to contribute $100 million of revenue per year from 2026 to 2028. This guidance is further supported by two major Asian law enforcement contracts that Gorilla announced in September 2025. The Company has already begun working on both and expects these projects to contribute meaningfully to full year 2026 financial results. The Company is only able to provide guidance based on its contractual backlog, which is the revenue it expects to recognize from signed contracts, based on currently scheduled delivery timelines and specified contractual milestones. Where project mandates have been awarded but timelines and parameters are still in discussion with our customers, it is not currently possible to forecast the periods in which anticipated revenue would be recognized. Therefore, investors are advised that the current guidance does not include contracted but presently unfinalized projects (such as the remaining phases of the Southeast Asia AI data centre project) and also does not reflect any additional projects that the Company is seeking to secure. The Company's pipeline currently stands in excess of $7 billion, which has increased largely due to advanced stage AI and GPU infrastructure opportunities in key markets. 2025 Guidance The Company's full year 2025 guidance remains unchanged: revenue is expected to be in the range of $100 million to $110 million; Adjusted EBITDA is expected to be in the range of $20 million to $25 million; Adjusted net profit, excluding extraordinary items, is expected in the range of $15 million to $20 million; and the Company expects positive operating cash flow. Statement from Bruce Bower, CFO: "With our capital structure now a strength, not a constraint, we are operating from a position of exceptional financial flexibility. Reducing debt to $15.1 million, lifting total cash to $121.4 million, and beginning to fund major AI data centre projects has transformed our balance sheet into a source of funding for growth. This financial capacity underpins our ability to execute existing mandates and accelerate our multi-billion-dollar pipeline with both discipline and agility." "We look forward to finishing 2025 by continuing to strengthen our financial position. Apart from executing on our key projects, certain stages of projects expected to be completed and invoiced in the fourth quarter are among the higher margin portions of these projects, which we expect to further enhance our cash position." Financial Statements: In addition to the financial information presented below, investors are advised to review additional financial statements included on the Company's Form 6-K that will be filed with the Securities and Exchange Commission shortly following this press release. Financials Gorilla Technology Group Inc. and Subsidiaries Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited and Unreviewed) (Expressed in United States dollars) Three Months Ended September 30, Items 2025 2024 Revenue $ 26,477,414 $ 20,054,910 Cost of revenue (16,600,038 ) (10,554,370 ) Gross profit 9,877,376 9,500,540 Operating expenses: Selling and marketing expenses (380,499 ) (187,831 ) General and administrative expenses (5,200,776 ) (3,100,515 ) Research and development expenses (825,157 ) (393,631 ) Currency exchange losses, net* (3,440,409 ) (1,606,825 ) Fair value remeasurement of financial instruments, net 196,158 (10,199,470 ) Other gains (losses), net 198,072 (19,033 ) Total operating expenses (9,452,611 ) (15,507,305 ) Operating income (loss) 424,765 (6,006,765 ) Non-operating income (expenses) Interest income 1,123,149 450,365 Finance costs (135,251 ) (149,827 ) Non-operating income (expenses) 987,898 300,538 Profit (loss) before income tax 1,412,663 (5,706,227 ) Income tax expense (1,440,912 ) (2,075,261 ) Loss for the period (28,249 ) (7,781,488 ) Other comprehensive income (loss) Components of other comprehensive income (loss) that may not be reclassified to profit or loss Remeasurement of defined benefit plans - (46,914 ) Components of other comprehensive income (loss) that may be reclassified to profit or loss Exchange differences on translation of foreign operations (1,526,344 ) 1,344,223 Other comprehensive income (loss) for the period, net of tax (1,526,344 ) 1,297,309 Total comprehensive loss for the period (1,554,593 ) (6,484,179 ) Loss per share Basic $ (0.00 ) $ (0.66 ) Diluted $ (0.00 ) $ (0.66 ) Weighted average ordinary shares used in computing loss per share Basic 23,196,502 11,807,426 Diluted 23,196,502 11,807,426 *Currency exchange losses, net primarily include amounts of $5,387,001 and $955,419 during the three months ended September 30, 2025 and 2024, respectively, due to depreciation of the Egyptian pound against the U.S. dollar. Reconciliation of non-IFRS Financial Measures to IFRS Measures In addition to its reported results in accordance with International Financial Reporting Standards (IFRS) followed by the Company, it has included in this release certain financial measures that are considered non-IFRS financial measures, including the following: (i) Earnings before interest, taxes, depreciation, and amortization (EBITDA); (ii) Adjusted EBITDA; and (iii) Adjusted net income and adjusted earnings per share. Reconciliation of Operating Income (Loss) to EBITDA and Adjusted EBITDA Three Months Ended September 30, 2025 2024 Items (Unaudited and Unreviewed) (Amount in USD) Operating income (loss) (IFRS) $ 424,765 $ (6,006,765 ) Add: Depreciation expenses 221,232 145,675 Add: Amortization expenses 142,276 222,884 EBITDA (non-IFRS) $ 788,273 $ (5,638,206 ) Add: Exchange loss from currency devaluation 5,387,001 955,419 Add (less): Fair value remeasurement of financial instruments, net (196,158 ) 10,199,470 Add: Stock-based compensation expenses 787,878 85,074 Adjusted EBITDA (non-IFRS) $ 6,766,994 $ 5,601,757 Reconciliation of Net Loss and Loss per Share to Adjusted Net Income and Adjusted Earnings per Share Three Months Ended September 30, 2025 2024 Items (Unaudited and Unreviewed) (Amount in USD) Amount EPS Impact per share Amount EPS Impact per share Net loss (IFRS) $ (28,249 ) $ (0.00 ) $ (7,781,488 ) $ (0.66 ) Add: Exchange loss from currency devaluation 5,387,001 0.23 955,419 0.08 Add (less): Fair value remeasurement of financial instruments (196,158 ) (0.01 ) 10,199,470 0.86 Add: Stock-based compensation expenses 787,878 0.04 85,074 0.01 Less: Tax effects of stock-based compensation expenses - - (107 ) (0.00 ) Adjusted Net income (non-IFRS) $ 5,950,472 $ 0.26 $ 3,458,368 $ 0.29 Adjusted diluted earnings per share (non-IFRS) $ 0.24 $ 0.29 About Gorilla Technology Group Inc. Headquartered in London, United Kingdom, Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Gorilla-Technology.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to convert our pipeline, our ability to and the circumstances under which we would reduce our debt, our ability to attract the attention of customers and investors alike, our expansion into southeast Asia, Gorilla's largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. Public Relations Contact Samantha Dowd Prosek Partners GRRR@prosek.com Investor Relations Contact Dave Gentry RedChip Companies, Inc. 1-407-644-4256 GRRR@redchip.com The issuer is solely responsible for the content of this announcement.About Gorilla Technology Group Inc.
A12 藝術空間
IoT
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