Estados financieros detallados de Gorilla Technology Group Inc. (GRRR): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Gorilla Technology Group Inc. registró ingresos de $101.4M en el último ejercicio fiscal, con un CAGR de 5 años del 17.4%.
Márgenes de los últimos 12 meses: margen bruto 17.3%, margen operativo -27.7%, margen neto -35.4%.
Al precio actual de $12.72, GRRR presenta beneficios negativos (P/E no significativo) y un ROE del -26.83%. La capitalización bursátil es de $315M.
Cuenta de Resultados (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $39.3M | $45.4M | $42.2M | $22.4M | $64.7M | $74.7M | $101.4M |
| Coste de Ventas | $21.1M | $26.9M | $26.5M | $14.1M | $20.0M | $37.4M | $67.5M |
| Beneficio Bruto | $18.2M | $18.6M | $15.8M | $8.3M | $44.7M | $37.3M | $33.9M |
| I+D | $11.3M | $14.3M | $15.1M | $14.1M | $3.7M | $2.1M | $3.1M |
| Generales y Administrativos | $7.4M | $8.3M | $8.4M | $12.8M | $18.1M | $13.5M | $21.4M |
| Gastos Operativos | $18.6M | $24.2M | $23.9M | $94.8M | $27.7M | $104.3M | $25.4M |
| Beneficio Operativo | -$449221 | -$5.7M | -$8.2M | -$86.5M | $17.1M | -$66.9M | $8.5M |
| EBITDA | $6.3M | $2.7M | $626618 | -$78.6M | $19.1M | -$64.0M | -$9.1M |
| Gastos por Intereses | $468847 | $461118 | $666349 | $835273 | $818065 | $732508 | $543808 |
| Beneficio Antes de Impuestos | -$564152 | -$6.0M | -$8.8M | -$87.1M | $17.0M | -$66.1M | -$10.9M |
| Impuestos | -$28283 | -$74903 | -$238445 | $430368 | $3.5M | -$1.3M | $341351 |
| Beneficio Neto | -$535869 | -$5.9M | -$8.5M | -$87.5M | $13.5M | -$64.8M | -$11.3M |
| BPA | $-0.25 | $-14.41 | $-3.90 | $-17.80 | $1.92 | $-6.13 | $-0.51 |
| BPA Diluido | $-0.25 | $-2.70 | $-3.90 | $-17.80 | $1.64 | $-6.13 | $-0.51 |
| Acciones en Circulación (Diluidas) | $2.2M | $2.2M | $2.2M | $4.9M | $8.2M | $10.6M | $22.3M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $26.5M | $35.6M | $28.2M | $50.1M |
| Beneficio Bruto | $9.9M | $10.5M | $6.0M | -$2.1M |
| Beneficio Operativo | $424764 | $812792 | -$22.2M | -$17.9M |
| EBITDA | $1.9M | -$3.7M | -$39.8M | -$17.5M |
| Beneficio Neto | -$28249 | -$2.7M | -$37.0M | -$9.9M |
| BPA | $-0.00 | $-0.10 | $-1.42 | $-0.36 |
| BPA Diluido | $-0.00 | $-0.10 | $-1.42 | $-0.36 |
Balance (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $17.6M | $12.2M | $9.9M | $23.0M | $5.3M | $21.7M | $99.5M |
| Inversiones a Corto | $5.2M | $7.4M | $9.0M | $7.9M | $28.8M | $15.8M | $5.8M |
| Cuentas por Cobrar | $31.9M | $34.9M | $36.5M | $15.4M | $35.8M | $60.4M | $112.4M |
| Inventario | $158346 | $89778 | $152227 | $68629 | $23116 | $5199 | 0 |
| Activos Corrientes | $55.4M | $54.8M | $55.8M | $47.8M | $77.5M | $126.7M | $233.3M |
| Inmovilizado Material | $32.7M | $32.4M | $34.5M | $16.1M | $15.9M | $15.4M | $16.4M |
| Fondo de Comercio | 0 | 0 | 0 | -$56.3M | 0 | 0 | 0 |
| Activos Intangibles | $6.0M | $4.1M | $3.4M | $56.3M | $5.9M | $2.9M | $2.4M |
| Activos Totales | $94.9M | $92.3M | $94.9M | $65.3M | $115.4M | $153.8M | $271.4M |
| Cuentas por Pagar | $3.6M | $6.7M | $8.1M | $6.7M | $11.0M | $26.0M | $46.0M |
| Deuda a Corto | $14.6M | $19.1M | $25.0M | $15.6M | $26.0M | $17.0M | $10.4M |
| Pasivos Corrientes | $27.0M | $28.5M | $38.0M | $28.3M | $54.3M | $75.3M | $70.1M |
| Deuda a Largo | $9.3M | $10.0M | $10.8M | $8.3M | $6.8M | $4.4M | $3.4M |
| Pasivos Totales | $36.6M | $38.8M | $49.0M | $36.7M | $61.3M | $80.7M | $75.3M |
| Reservas | $5.0M | -$919358 | -$9.5M | -$97.0M | -$83.4M | -$148.2M | -$159.5M |
| Patrimonio Neto | $58.4M | $53.5M | $45.9M | $28.5M | $54.2M | $73.1M | $196.1M |
| Deuda Total | $24.0M | $29.2M | $35.9M | $23.9M | $32.9M | $22.2M | $15.1M |
| Deuda Neta | $1.1M | $9.6M | $17.0M | -$7.1M | -$1.2M | -$15.3M | -$89.7M |
| Capital Circulante | $28.5M | $26.3M | $17.8M | $19.5M | $23.2M | $51.4M | $163.1M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $110.2M | $95.0M | $98.4M | $179.4M |
| Activos Totales | $266.4M | $271.9M | $253.9M | $389.9M |
| Pasivos Totales | $68.2M | $75.8M | $78.5M | $219.0M |
| Patrimonio Neto | $198.3M | $196.1M | $175.4M | $170.9M |
| Deuda Total | $15.9M | $15.1M | $15.2M | $74.5M |
Flujo de Caja (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$564152 | -$6.0M | -$8.8M | -$87.1M | $13.5M | -$66.1M | -$10.9M |
| Amortizaciones | $6.4M | $8.2M | $8.7M | $7.6M | $1.2M | $1.4M | $1.3M |
| Compensación en Acciones | $245448 | $142416 | 0 | $346122 | $695675 | $951480 | $5.0M |
| Cambio en Capital Circulante | $4.8M | -$5.6M | $873503 | $1.3M | -$34.6M | -$48.4M | -$44.2M |
| Flujo de Caja Operativo | $11.1M | -$1.9M | $1.6M | -$8.8M | -$9.4M | -$29.6M | -$28.7M |
| Inversiones (CapEx) | -$11.1M | -$5.5M | -$8.4M | -$3.0M | -$3.8M | -$1.5M | -$670485 |
| Adquisiciones | -$3.4M | 0 | 0 | 0 | $6122 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | -$3.6M | -$3.5M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$40625 | -$7.5M | -$6.8M | -$11.8M | -$13.2M | -$31.1M | -$29.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.6M | -$13.6M | $6.6M | -$11.0M |
| Inversiones (CapEx) | -$196069 | -$90596 | -$55188 | -$14.1M |
| Flujo de Caja Libre | -$2.8M | -$13.7M | $6.6M | -$25.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $787878 | $3.5M | $20.9M | $4.5M |
Crecimiento y Márgenes (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +15.7% | -7.0% | -47.0% | +188.7% | +15.4% | +35.7% |
| Crecimiento Beneficio Neto (anual) | | -1004.9% | -44.4% | -924.0% | +115.4% | -580.1% | +82.6% |
| Crecimiento BPA (anual) | | -5734.0% | +72.9% | -356.4% | +110.8% | -419.3% | +91.7% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +125.8% | +67.6% | +28.4% | +110.6% |
| Crecimiento FCF (anual) | | -18291.6% | +9.4% | -74.0% | -12.4% | -134.9% | +5.7% |
| Margen Bruto | 46.3% | 40.9% | 37.3% | 37.2% | 69.1% | 50.0% | 33.4% |
| Margen Operativo | -1.1% | -12.5% | -19.3% | -386.0% | 26.4% | -89.6% | 8.4% |
| Margen EBITDA | 16.1% | 5.9% | 1.5% | -351.0% | 29.5% | -85.7% | -9.0% |
| Margen Neto | -1.4% | -13.0% | -20.2% | -390.6% | 20.9% | -86.8% | -11.1% |
| Margen FCF | -0.1% | -16.5% | -16.0% | -52.6% | -20.5% | -41.7% | -28.9% |
| Tasa Impositiva Efectiva | 5.0% | 1.2% | 2.7% | -0.5% | 20.7% | 2.0% | -3.1% |
Datos por Acción (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.02 | $-3.44 | $-3.12 | $-2.40 | $-1.61 | $-2.94 | $-1.32 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $2.2M | $411007 | $2.2M | $4.9M | $8.2M | $10.6M | $22.3M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -26.83% |
| Rentabilidad sobre capital invertido | -15.21% |
| Rentabilidad sobre activos | -12.74% |
| Margen bruto | 17.29% |
| Margen operativo | -27.65% |
| Margen neto | -35.38% |
Salud financiera
| Deuda / Patrimonio | 0.44 |
| Ratio corriente | 2.24 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 3.94 |
Ratios Clave (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -398.79 | -6.84 | -25.64 | -4.56 | 2.90 | -2.95 | -21.41 |
| P/VC | 3.67 | 0.76 | 4.73 | 13.95 | 0.85 | 2.61 | 1.24 |
| P/V | 5.45 | 0.89 | 5.15 | 17.76 | 0.71 | 2.56 | 2.40 |
| Margen Bruto | 46.3% | 40.9% | 37.3% | 37.2% | 69.1% | 50.0% | 33.4% |
| Margen Operativo | -1.1% | -12.5% | -19.3% | -386.0% | 26.4% | -89.6% | 8.4% |
| Margen Neto | -1.4% | -13.0% | -20.2% | -390.6% | 20.9% | -86.8% | -11.1% |