Glimpse Group, Inc. BTLN
Glimpse Group, Inc. was incorporated in June 2016 under the laws of the State of Nevada, and is headquartered in New York, New York.
enterprise focused Virtual Reality (VR), Augmented Reality (AR) and Spatial Computing software and services (Immersive technologies).
Glimpse's operating entities are located in the United States. We believe that we offer significant exposure to the growing and
potentially transformative Immersive technology markets, while mitigating downside risk via our diversified model and ecosystem.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $10.5M | $8.8M | $13.5M | $7.3M | $3.4M | $1.9M | — |
| Cost of revenue | $3.4M | $2.9M | $4.3M | $1.2M | $1.5M | $1.1M | — |
| Gross profit | $7.1M | $5.9M | $9.2M | $6.0M | $2.0M | $808.1K | — |
| R&D | $3.5M | $5.5M | $8.8M | $6.2M | $3.2M | $2.4M | — |
| SG&A | $3.6M | $4.3M | $5.0M | $4.5M | $2.2M | $1.8M | — |
| Total operating expenses | $9.9M | $12.5M | $38.0M | $12.4M | $7.9M | $5.7M | — |
| Operating income | -$2.7M | -$6.6M | -$28.8M | -$6.3M | -$6.0M | -$4.9M | — |
| Interest expense | — | — | — | — | $180.6K | $81.5K | — |
| Pre-tax income | -$2.6M | -$6.4M | -$28.6M | -$6.0M | -$6.1M | — | — |
| Income tax | — | $0 | $0 | $0 | $0 | — | — |
| Net income | -$2.6M | -$6.4M | -$28.6M | -$6.0M | -$6.1M | -$5.0M | — |
| EPS, basic | -0.13 | -0.38 | -2.05 | -0.51 | -0.84 | — | — |
| EPS, diluted | -0.13 | -0.38 | -2.05 | -0.51 | -0.84 | -0.72 | — |
| Shares, diluted (wtd. avg.) | 19.6M | 16.7M | 13.9M | 11.7M | 7.3M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.8M | $1.8M | $5.6M | $16.2M | $1.8M | $1.0M | — |
| Short-term investments | — | — | — | $239.3K | — | — | — |
| Receivables | $840.6K | $723.0K | $1.5M | $1.3M | $626.2K | $214.7K | — |
| Total current assets | $8.2M | $3.5M | $7.8M | $18.3M | $3.2M | $2.0M | — |
| Property, plant and equipment | $54.9K | $167.3K | $264.5K | $246.0K | $42.2K | $41.2K | — |
| Goodwill | $10.9M | $10.9M | $11.2M | $13.5M | $0 | $0 | — |
| Other intangibles | $60.7K | $487.9K | $4.3M | $4.1M | — | — | — |
| Total assets | $19.3M | $15.6M | $24.3M | $38.4M | $3.2M | $2.0M | — |
| Accounts payable | $228.4K | $181.7K | $455.8K | $340.1K | $381.5K | $121.5K | — |
| Total current liabilities | $2.3M | $2.4M | $8.1M | $4.2M | $2.3M | $570.5K | — |
| Total liabilities | $2.3M | $4.0M | $13.1M | $9.6M | $4.4M | $2.3M | — |
| Retained earnings | -$65.6M | -$63.0M | -$56.6M | -$28.1M | -$22.1M | -$16.0M | — |
| Total equity | $16.9M | $11.5M | $11.2M | $28.8M | -$1.2M | -$305.7K | $1.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$273.8K | -$5.2M | -$9.2M | -$4.9M | -$1.2M | -$2.0M | — |
| Depreciation and amortisation | $80.0K | $120.0K | $140.0K | $540.2K | $27.1K | $20.2K | — |
| Stock-based compensation | $931.4K | $1.6M | $3.3M | — | — | — | — |
| Capital expenditure | $42.5K | $31.5K | — | $202.0K | $28.0K | $32.7K | — |
| Investing cash flow | -$1.5M | -$1.5M | -$3.5M | -$5.1M | -$28.0K | -$32.7K | — |
| Financing cash flow | $6.8M | $3.0M | $66.1K | $26.5M | $2.0M | $1.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-25-016073.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $1.9M | $3.4M | $7.3M | $13.5M | $8.8M | $10.5M |
| Gross profit | — | $808.1K | $2.0M | $6.0M | $9.2M | $5.9M | $7.1M |
| Net income | — | -$5.0M | -$6.1M | -$6.0M | -$28.6M | -$6.4M | -$2.6M |
Recent filings and events
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Material agreement signed Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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