Glimpse Group (VRAR) AI Stock Analysis

• Market Cap: $33.49M
• Dividend Yield: N/A
• Average Volume (3M): 265.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: 19.58%
• EPS Growth: 64.40%
• Country: US
• Employees: 45
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.00
• Shares Outstanding: 21,066,006
• 10 Day Avg. Volume: 190,592
• 30 Day Avg. Volume: 265,622
• PEG Ratio: 0.16
• Price to Book (P/B): 1.58
• Price to Sales (P/S): 2.54
• P/FCF Ratio: -84.42
• Enterprise Value/Market Cap: 0.65
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: 3.08
• Enterprise Value/Ebitda: -10.67
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: $1.50 ▼(-5.66% Downside)

The overall stock score is primarily influenced by financial performance challenges, including negative profitability and cash flow issues. While technical analysis shows some positive momentum, the valuation remains a concern due to the negative P/E ratio. The earnings call provided positive insights, but its weight was redistributed due to the absence of corporate events.

Glimpse Group Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Glimpse Group generates revenue through multiple streams, primarily by offering VR and AR development services to businesses across different sectors. This includes custom software development, consulting services, and the licensing of proprietary technology. Additionally, the company earns money through the sale of its own VR/AR products and platforms, which can be used for training, marketing, and entertainment purposes. Strategic partnerships with tech companies and content creators also contribute to its revenue by expanding its service offerings and market reach, while subscription models for ongoing support and updates generate a consistent income stream. The company may also explore revenue through in-app purchases or premium features within its applications.

Glimpse Group Financial Statement Overview

Summary

Glimpse Group shows strong revenue growth, but profitability and cash flow challenges persist. The low leverage is a positive sign, yet the negative returns and cash flow issues suggest financial instability. The company needs to improve its profitability and cash flow management to enhance its financial health.

Income Statement

The company has shown significant revenue growth, particularly in the latest year, which is a positive indicator. However, the persistent negative net profit margin and EBIT margin highlight ongoing profitability challenges. The gross profit margin remains strong, but the inability to translate this into net profitability is concerning.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio, indicating low leverage, which is a positive aspect. However, the negative return on equity suggests that the company is not generating sufficient returns on its equity base. The equity ratio is relatively stable, but the negative ROE is a significant concern.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, which are concerning for sustainability. The free cash flow to net income ratio is above 1, indicating that free cash flow is higher than net income, but the overall negative cash flow growth and coverage ratios highlight liquidity issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.53M	10.53M	8.80M	13.48M	7.27M	3.42M
Gross Profit	7.12M	7.12M	5.86M	9.22M	6.03M	1.96M
EBITDA	-2.06M	-2.04M	-6.58M	-11.68M	-7.48M	-5.88M
Net Income	-2.55M	-2.55M	-6.39M	-28.56M	-3.73M	-6.28M
Balance Sheet
Total Assets	19.28M	19.28M	15.56M	24.28M	38.40M	3.22M
Cash, Cash Equivalents and Short-Term Investments	6.83M	6.83M	1.85M	5.62M	16.49M	1.77M
Total Debt	4.70K	4.70K	543.51K	829.40K	0.00	2.05M
Total Liabilities	2.34M	2.34M	4.02M	13.05M	9.58M	4.39M
Stockholders Equity	16.94M	16.94M	11.54M	11.22M	28.82M	-1.17M
Cash Flow
Free Cash Flow	-316.28K	-316.28K	-5.24M	-9.31M	-5.14M	-1.24M
Operating Cash Flow	-273.77K	-273.77K	-5.21M	-9.16M	-4.94M	-1.21M
Investing Cash Flow	-1.54M	-1.54M	-1.53M	-3.53M	-5.06M	-28.00K
Financing Cash Flow	6.80M	6.80M	2.97M	66.11K	26.48M	1.97M

Glimpse Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VRAR, the sentiment is Positive. The current price of 1.59 is above the 20-day moving average (MA) of 1.58, above the 50-day MA of 1.53, and above the 200-day MA of 1.44, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 50.76 is Neutral, neither overbought nor oversold. The STOCH value of 60.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VRAR.

Glimpse Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BNAI	―	$19.97M	-0.65	-200.90%	―	30.55%	43.63%
VRAR	―	$33.49M	-12.30	-17.93%	―	19.58%	64.40%
INTZ	―	$38.01M	―	-111.75%	―	25.86%	85.97%
MSAI	―	$33.25M	-1.43	-335.10%	―	―	―
AUID	―	$37.91M	-1.85	-106.55%	―	295.86%	-2.95%

Glimpse Group Corporate Events

Glimpse Group’s Strong FY2025 Performance Amidst Future Challenges

The recent earnings call for Glimpse Group, Inc. painted a picture of robust performance in fiscal year 2025, marked by impressive revenue growth, improved cash flow, and significant technological advancements, particularly through Brightline Interactive. However, concerns were raised regarding shareholder value and the consistency of future revenues, primarily due to the reliance on government contracts. The proposed spin-out of Brightline Interactive is aimed at unlocking additional value for shareholders.

Glimpse Group Reports Strong FY 2025 Results

The Glimpse Group, Inc., a diversified immersive technology platform company, focuses on providing enterprise-focused immersive technology, spatial computing, and AI-driven software and services. In its fiscal year 2025, Glimpse reported a 20% revenue growth to approximately $10.5 million, driven by increased SpatialCore revenues despite divesting non-core entities. The company achieved a significant turnaround with essentially breakeven cash flow and maintained a strong gross margin of 67.5%. Notably, Glimpse’s cash position improved to approximately $6.85 million, and it maintained a clean capital structure with no debt.

Glimpse Group Achieves 20% Revenue Growth in 2025

On September 30, 2025, Glimpse Group reported its fiscal year 2025 financial results, highlighting a 20% revenue growth to approximately $10.5 million and achieving cash flow neutrality for the first time. The company attributes this growth to increased SpatialCore revenues and significant reorganization efforts. Brightline Interactive, a Glimpse entity, achieved several milestones, including contracts with the Department of War and the U.S. Navy, showcasing its capabilities in AI-driven immersive technologies. Despite these successes, Glimpse believes Brightline’s value is not fully reflected in its current market valuation.

The most recent analyst rating on (VRAR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Glimpse Group stock, see the VRAR Stock Forecast page.

Glimpse Group Secures $2M Contract for SpatialCore

On August 13, 2025, The Glimpse Group, Inc. secured a contract worth over $2 million for its SpatialCore product, to be executed over the next year. This contract signifies a substantial business opportunity for Glimpse Group, potentially enhancing its market position and operational capabilities over the coming months.

The most recent analyst rating on (VRAR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Glimpse Group stock, see the VRAR Stock Forecast page.