The earnings call reflected a positive outlook with strong momentum in key segments, significant achievements in cash flow and contract deliveries, and a promising revenue growth forecast. However, there were challenges with a notable revenue decline in Q3 due to timing and delays in government contracts.

Company Guidance -

Q4 2025

In the third quarter of fiscal year 2025, The Glimpse Group demonstrated significant financial progress and strategic advancement, particularly through its subsidiary Brightline Interactive's Spatial Core technology. The company reported revenues of approximately $1.4 million, a 25% decrease from the previous year's quarter, attributed to revenue recognition timing. However, the outlook for the fourth quarter is optimistic, with expected revenues between $3.2 million and $3.8 million, driven by the final stage of a large Department of Defense contract. Despite this quarter's revenue dip, the company achieved a second consecutive quarter of positive cash flow from operations, reflecting a net operating cash gain of approximately $0.13 million, a stark improvement from the $0.92 million cash loss in the previous year. The adjusted EBITDA loss for Q3 was approximately $1 million, but the company anticipates a positive EBITDA in the upcoming quarter. For the nine months ending March 31, 2025, revenues were stable at $7 million, with expectations of a 15% to 25% revenue increase by fiscal year-end, reaching $10 to $11 million. The gross margin improved to 72% from 70% year-over-year, with future projections between 55% to 75% due to a shift towards higher-margin products like Spatial Core. The company maintains a solid cash position of $7 million, with no debt or preferred equity, and considers utilizing a $2 million common share buyback plan to enhance shareholder value.

Strong Revenue Outlook

The company expects the upcoming quarter to be the highest revenue quarter over the past two fiscal years, driven by strong momentum in Spatial Core's traction with both DoD and enterprise segments.

Positive Cash Flow Achievement

The company delivered its second consecutive quarter of positive cash flow from operations, thanks to reorganization and cost control efforts.

Significant Contract Deliveries

Brightline Interactive is expected to deliver a $4+ million DoD contract, marking a significant achievement in the adoption of immersive technologies.

Revenue Growth Forecast

Fiscal year 2025 revenue is expected to be in the $10 million to $11 million range, representing a 15% to 25% increase compared to the previous fiscal year.

Improved Gross Margin

Gross margin for Q3 FY25 was approximately 72%, an improvement from 70% in Q3 FY24. This is due to a larger portion of revenue coming from Spatial Core and software license sales.

Clean Capital Structure

The company maintains a clean capital structure with no debt, convertible debt, or preferred equity.

Glimpse Group (VRAR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VRAR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 24, 2025	2025 (Q4)	0.00 / -	-0.24	―	―	―
May 15, 2025	2025 (Q3)	-0.02 / -0.07	-0.09	22.22% (+0.02)	―
Feb 13, 2025	2025 (Q2)	-0.04 / 0.00	-0.04	―	―
Nov 14, 2024	2025 (Q1)	- / -	-0.01	―	―
Sep 30, 2024	2024 (Q4)	-0.06 / -0.06	-0.01	-500.00% (-0.05)	―
May 15, 2024	2024 (Q3)	-0.10 / -0.09	-0.38	76.32% (+0.29)	―
Feb 14, 2024	2024 (Q2)	-0.13 / -0.04	0.07	-157.14% (-0.11)	―
Nov 14, 2023	2024 (Q1)	-0.14 / -0.01	-0.4	97.50% (+0.39)	―
Sep 28, 2023	2023 (Q4)	-0.14 / -1.34	-0.077	-1640.26% (-1.26)	―
May 15, 2023	2023 (Q3)	- / -0.38	-0.14	-171.43% (-0.24)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VRAR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 15, 2025	$1.16	$1.38	+18.97%
Feb 13, 2025	$1.75	$1.81	+3.43%
Nov 14, 2024	$0.70	$0.58	-17.14%
Sep 30, 2024	$0.76	$0.76	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Glimpse Group, Inc. (VRAR) report earnings?

Glimpse Group, Inc. (VRAR) is schdueled to report earning on Sep 24, 2025, After Close (Confirmed).

What is Glimpse Group, Inc. (VRAR) earnings time?

Glimpse Group, Inc. (VRAR) earnings time is at Sep 24, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VRAR EPS forecast?

VRAR EPS forecast for the fiscal quarter 2025 (Q4) is 0.

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