The earnings call highlights a strong performance in cash flow and growth in Spatial Core, new contracts, and improved financial outlook, despite a revenue decline and valuation concerns. The positive aspects slightly outweigh the negative trends.

Company Guidance

During The Glimpse Group's third-quarter fiscal year 2025 financial results call, significant guidance was provided, highlighting positive trends and future expectations. The company reported a Q3 revenue of approximately $1.4 million, reflecting a 25% decrease from $1.9 million in the same period last year, attributed primarily to revenue recognition timing. Notably, the fiscal year 2025 revenue is projected to be between $10 million and $11 million, marking a 15% to 25% increase despite divestments and consolidations. The gross margin for the quarter was 72%, an improvement from the previous year's 70%, with future expectations in the 55% to 75% range, driven by Spatial Core and software license sales. The company achieved its second consecutive quarter of positive cash flow from operations, with approximately $0.13 million in net operating cash provided, a significant turnaround from the negative $0.92 million last year. Adjusted EBITDA loss for Q3 was about $1 million, with an expectation of positive EBITDA in Q4 due to anticipated higher revenues. The company's cash position stood at approximately $7 million, with no debt, highlighting a strong and clean balance sheet. Potential growth is anticipated through Spatial Core, alongside executing a $4 million DoD contract and securing prospective seven-figure deals. Despite these positive metrics, a disconnect remains between the company’s intrinsic value and its current market valuation, prompting considerations for a $2 million stock buyback.

Positive Cash Flow Achievement

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

Strong Growth in Spatial Core

Spatial Core is delivering in advanced environments with potential to become an enabling technology in the 3D, big data, and AI cloud space. Brightline Interactive's upcoming $4 million DoD contract is a significant milestone.

New Contracts and Partnerships

Fortell Reality and Sector 5 Digital entered into several new contracts with major companies such as Halliburton, Ecolab, and Walmart. Glimpse Lenses' Snap revenues grew significantly.

Improved Financial Outlook

Q4 fiscal year 2025 revenues are expected to be in the $3.2 million to $3.8 million range and profitable as they deliver the final stage of a large DoD contract.

Improved Gross Margin

Gross margin for Q3 fiscal year 2025 was approximately 72%, up from 70% in the previous year, with future margins expected in the 55% to 75% range.

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 (VRAR) report earnings?

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

What is Glimpse Group (VRAR) earnings time?

Glimpse Group (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.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing