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.

	Jun '19	Jun '20	Jun '21	Jun '22	Jun '23
revenue	983.18K -	1.95M 97.86%	3.42M 75.88%	7.27M 112.41%	13.48M 85.51%
cost of revenue	424.97K -	1.14M 167.60%	1.46M 28.49%	1.24M 15.06%	4.27M 243.71%
gross profit	558.22K -	808.12K 44.77%	1.96M 142.57%	6.03M 207.43%	9.22M 52.93%
selling and marketing expenses	1.18M -	1.46M 23.72%	1.27M 13.37%	3.14M 147.89%	7.49M 138.46%
general and administrative expenses	2.39M -	1.84M 23.34%	2.22M 21.02%	4.93M 122.08%	5.04M 2.14%
selling general and administrative expenses	3.58M -	3.30M 7.78%	3.49M 5.76%	8.07M 131.45%	12.53M 55.18%
research and development expenses	2.57M -	2.43M 5.24%	3.18M 30.95%	6.16M 93.47%	8.79M 42.80%
other expenses			10K -		12.43T -
cost and expenses	6.57M -	6.87M 4.56%	8.13M 18.44%	15.47M 90.26%	27.63M 78.59%
operating expenses	6.14M -	5.73M 6.72%	6.67M 16.45%	14.23M 113.33%	23.37M 64.19%
interest expense		81.45K -	180.64K 121.77%	32.23K 82.16%
ebitda	-5.55M -	-4.89M 11.93%	-4.67M 4.58%	-7.63M 63.53%	2.70M 135.34%
operating income	-5.58M -	-4.92M 11.87%	-4.71M 4.26%	-8.20M 74.18%	-28.81M 251.08%
depreciation and amortization	28.87K -	28.80K 0.24%	43.26K 50.17%	572.42K 1,223.34%	2.19M 283.11%
total other income expenses net	6.89K -	-72.87K 1,157.19%	-1.38M 1,795.13%	2.24M 262.09%	-14.66M 754.67%
income before tax	-5.58M -	-4.99M 10.46%	-6.09M 22.00%	-5.97M 2.06%	-28.56M 378.74%
income tax expense	-6.89K -	81.45K 1,281.71%	190.64K 134.04%	-2.24M 1,274.22%	14.41M 743.84%
net income	-5.57M -	-5.07M 8.88%	-6.28M 23.79%	-3.73M 40.66%	-28.56M 666.24%
weighted average shs out	10.29M -	10.29M 0%	10.29M 0%	11.73M 13.99%	13.93M 18.73%
weighted average shs out dil	10.29M -	10.29M 0%	10.29M 0%	11.73M 13.99%	13.93M 18.73%
eps	-0.54 -	-0.49 9.26%	-0.61 24.49%	-0.32 47.54%	-2.05 540.62%
epsdiluted	-0.54 -	-0.49 9.26%	-0.61 24.49%	-0.32 47.54%	-2.05 540.62%

NASDAQ:VRAR

The Glimpse Group, Inc.

Last Close

1.16

17/05 20:00

Market Cap

22.22M

Beta: -

Volume Today

39.33K

Avg: 67.42K

PE Ratio

0.00

PFCF: −2.60