Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

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Equity Bottom-Up

Gorilla Technology Group  / Equity Bottom-Up

<ul><li>Gorilla Technology reported an exceedingly strong 1H23 with gross profit jumping to $17.7 million from $3.8 million, with gross margin jumping 36 points to 85.5%.</li><li>Revenue jumped 222% to $20.7 million and net income of $1.6 million was a turnaround from the $7.3 million loss in 1H23.</li><li>The stock traded up 11% pre-market after the earnings release.</li></ul>

Gorilla Technology reported an exceedingly strong 1H23 with gross profit jumping to $17.7 million from $3.8 million, with gross margin jumping 36 points to 85.5%.Revenue jumped 222% to $20.7 million and net income of $1.6 million was a turnaround from the $7.3 million loss in 1H23.The stock traded up 11% pre-market after the earnings release.

Gorilla Technology Group, Inc. - Strong 1H24 Revenue Growth of 222%