Small Stocks, Big Money™

Gorilla Technology (Nasdaq: GRRR) has set ambitious guidance, forecasting $72 million in 2024 revenue with EBITDA margins over 20% and projecting 2025 revenues to exceed $90 million. Fueled by a strong backlog of $93 million and new strategic contracts across Asia, MENA, and Latin America, Gorilla is rapidly expanding its global footprint. Its newly launched Gorilla Intelligent Network Director platform, targeting the $40 billion SD-WAN market, is poised to drive further gains. The company also continues a share repurchase program, reinforcing confidence in its valuation amid strong cash reserves and robust growth outlook.

GreenPower Motor Company (Nasdaq: GP) has finalized an $18.5 million order to supply 50 all-electric school buses—BEAST, Mega BEAST, and Nano BEAST models—to seven school districts in West Virginia, funded by the EPA’s Clean School Bus Program. The initiative will replace diesel buses with zero-emission alternatives, complete with a statewide charging infrastructure to support long and local routes. This deployment, part of GreenPower’s collaboration with local dealers and Highland Electric Fleet, highlights its growing footprint in the electric bus market, which aligns with new federal and California-based rebate programs for zero-emission school buses.

Alliance Entertainment’s (Nasdaq: AENT) Distribution Solutions division secured an exclusive deal with Magenta Light Studios to distribute their physical home entertainment releases in the U.S. and Canada. The partnership’s first release, Strange Darling, a horror thriller with a 95% rating on Rotten Tomatoes, will launch on DVD and Blu-ray on November 5, 2024. The partnership further strengthens Alliance Entertainment’s leadership in physical media distribution and aligns with the company’s strategic goal of expanding its portfolio of exclusive distribution agreements. Nearly 23% of Alliance Entertainment’s $1.1 billion revenue in fiscal year 2024 was generated from exclusive distribution agreements.

Phoenix Motor (Nasdaq: PEV) achieved a record $12.03 million in revenue for Q2 2024, marking a remarkable 937% increase year-over-year. With a gross profit of $1.83 million, the company reduced its net loss to $2.26 million, improved its cash reserves, and expanded total equity to $21.86 million. Key achievements include delivering five electric buses to UC Irvine, securing a contract with UC San Diego, and advancing its fourth-generation drivetrain. Under new leadership in operations and finance, Phoenix is positioned for further growth as it scales up to meet accelerating EV market demand.