VRAR
The Glimpse Group, Inc.0.8968
-0.0433-4.61%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
18.90MP/E (TTM)
-Basic EPS (TTM)
-0.12Dividend Yield
0%Recent Filings
8-K
10-Q
10-K
FY2025 results
The Glimpse Group boosted FY2025 revenue to $10.53 million, up 20% year-over-year, fueled by new Spatial Core customers in defense and enterprise, though offset by heritage VR/AR runoff amid its strategic pivot. Q4 momentum shone through with sequential improvements in cash flow and gross margins hitting 68%, reflecting efficient scaling and reduced vendor reliance. Operating expenses dropped 21% to $9.86 million, trimming net loss to $2.55 million from $6.39 million, while Adjusted EBITDA loss narrowed to $0.87 million. Liquidity strengthened to $6.83 million in cash with no debt, bolstered by $6.8 million from a December equity raise. No formal guidance issued. Yet customer concentration risks persist, with two clients driving 61% of revenue.
8-K
ATM sales pact signed
The Glimpse Group inked a sales agreement with WestPark Capital on July 11, 2025, enabling at-the-market offerings of up to $3,081,340 in common stock via Nasdaq. This setup lets the company tap fresh capital opportunistically, with WestPark earning a 1.50% commission on sales. No sales are guaranteed. Dilution looms if shares flood the market.
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