See more : Rinko Corporation (9355.T) Income Statement Analysis – Financial Results
Complete financial analysis of The Glimpse Group, Inc. (VRAR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Glimpse Group, Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
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The Glimpse Group, Inc. (VRAR)
About The Glimpse Group, Inc.
The Glimpse Group, Inc., a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D and AR content; Adept XR Learning, which provides higher education learning and corporate VR training solutions; PostReality, a cloud-based software as a service solution that enables users to create AR presentations; and XR Platform, a cloud-based, scalable and secure backend infrastructure, including proprietary cloud image recognition technology, online storage, creation and management of subscription plans, and invoicing and payments designed for VR/AR companies. The company also provides D6 VR, a VR-based, analysis, presentation, and education software platform; Immersive Health Group, a digital health platform that leverages VR/AR technology to simplify and streamline complex healthcare challenges in scale; Foretell Reality, an enterprise-grade and easy-to-use solution for meeting others in VR; and Early Adopter, which offers immersive VR and AR EdTech solutions for K-12 schools and pediatric hospital programs. In addition, it offers AUGGD that provides AR software and services primarily for the architecture, engineering, and construction industries; Glimpse Turkey for developing and creating web optimized 3D models, primarily for QReal; and custom specialized AR applications, and white label solutions and services. Further, the company provides Pagoni VR that offers VR video broadcasting solutions, which consists of Chimera that enables real-time communications between a presenter, and local and remote attendees in VR to universities, enterprise, entertainment venues, sports venues, and houses of worship. The company was incorporated in 2016 and is headquartered in New York, New York.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 8.80M | 13.48M | 7.27M | 3.42M | 1.95M | 983.18K |
| Cost of Revenue | 2.94M | 4.27M | 1.24M | 1.46M | 1.14M | 424.97K |
| Gross Profit | 5.86M | 9.22M | 6.03M | 1.96M | 808.12K | 558.22K |
| Gross Profit Ratio | 66.59% | 68.36% | 82.92% | 57.29% | 41.54% | 56.78% |
| Research & Development | 5.46M | 8.79M | 6.16M | 3.18M | 2.43M | 2.57M |
| General & Administrative | 4.29M | 5.04M | 4.93M | 2.22M | 1.84M | 2.39M |
| Selling & Marketing | 2.82M | 7.49M | 3.14M | 1.27M | 1.46M | 1.18M |
| SG&A | 7.11M | 12.53M | 8.07M | 3.49M | 3.30M | 3.58M |
| Other Expenses | -88.48K | 12,434.69B | 0.00 | 10.00K | 0.00 | 0.00 |
| Operating Expenses | 12.48M | 23.37M | 14.23M | 6.67M | 5.73M | 6.14M |
| Cost & Expenses | 15.42M | 27.63M | 15.47M | 8.13M | 6.87M | 6.57M |
| Interest Income | 221.76K | 242.40K | 32.23K | 6.20K | 8.58K | 6.89K |
| Interest Expense | 0.00 | 0.00 | 32.23K | 180.64K | 81.46K | 0.00 |
| Depreciation & Amortization | 1.36M | 2.19M | 540.20K | 27.05K | 20.22K | 21.98K |
| EBITDA | -6.58M | -11.68M | -7.48M | -5.88M | -4.89M | -5.55M |
| EBITDA Ratio | -74.78% | 20.01% | -105.02% | -136.41% | -251.46% | -564.94% |
| Operating Income | -6.62M | -28.81M | -8.20M | -4.71M | -4.92M | -5.58M |
| Operating Income Ratio | -75.15% | -213.65% | -112.90% | -137.68% | -252.94% | -567.88% |
| Total Other Income/Expenses | 221.76K | 242.40K | 376.33K | -141.02K | -72.87K | 6.89K |
| Income Before Tax | -6.39M | -28.56M | -5.97M | -6.09M | -4.99M | -5.58M |
| Income Before Tax Ratio | -72.63% | -211.86% | -82.09% | -178.04% | -256.69% | -567.18% |
| Income Tax Expense | 0.00 | 14.41M | -2.24M | 190.64K | 81.46K | -6.89K |
| Net Income | -6.39M | -28.56M | -3.73M | -6.28M | -5.07M | -5.57M |
| Net Income Ratio | -72.63% | -211.86% | -51.29% | -183.61% | -260.87% | -566.48% |
| EPS | -0.38 | -2.05 | -0.32 | -0.61 | -0.49 | -0.54 |
| EPS Diluted | -0.38 | -2.05 | -0.32 | -0.61 | -0.49 | -0.54 |
| Weighted Avg Shares Out | 16.68M | 13.93M | 11.73M | 10.29M | 10.29M | 10.29M |
| Weighted Avg Shares Out (Dil) | 16.68M | 13.93M | 11.73M | 10.29M | 10.29M | 10.29M |
The Glimpse Group Named to the 2024 Deloitte Technology Fast 500(TM) North America List
The Glimpse Group, Inc. (VRAR) Q1 2025 Earnings Call Transcript
The Glimpse Group Reports Q1 Fiscal Year 2025 Financial Results
The Glimpse Group to Announce Q1 Fiscal Year 2025 Financial Results on Thursday, November 14, 2024 at 4:30 p.m. Eastern Time
The Glimpse Group, Inc. to Present at the MicroCap Rodeo Fall 2024 Conference
Foretell Reality Extends Partnership With Nova Southeastern University For An AI Based Immersive Training System
The Glimpse Group, Inc. (VRAR) Q4 2024 Earnings Call Transcript
The Glimpse Group Reports Fiscal Year 2024 Financial Results
The Glimpse Group Partners With The College Of Staten Island (CUNY) To Provide Immersive Technologies For Its Innovation Hub
The Glimpse Group to Announce Fiscal Year 2024 Financial Results on Monday, September 30, 2024 at 4:30 p.m. Eastern Time
Source: https://incomestatements.info
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