Glimpse Group (VRAR) AI Stock Analysis

• Market Cap: $29.48M
• Dividend Yield: N/A
• Average Volume (3M): 169.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: -12.30%
• EPS Growth: 76.19%
• Country: US
• Employees: 45
• Sector: Technology
• Sector Strength: 84
• Industry: Software - Infrastructure
• EPS (TTM): -0.07
• Shares Outstanding: 21,055,506
• 10 Day Avg. Volume: 208,908
• 30 Day Avg. Volume: 169,546
• PEG Ratio: >-0.01
• Price to Book (P/B): 4.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.33
• Enterprise Value/Market Cap: 1.52
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: <0.01
• Enterprise Value/Ebitda: >-0.01
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: $1.50 ▲(11.11%Upside)

The overall stock score of 56 reflects a mix of positive and negative factors. The earnings call provided a strong, positive outlook with significant contract achievements and improved cash flow. However, financial performance challenges, particularly in profitability and valuation, weigh down the score.

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 primarily through the sale of its VR and AR software and services. This includes licensing fees for its proprietary software platforms, custom development projects for clients, and ongoing support and maintenance services. Additionally, the company may enter into joint ventures or partnerships with industry players to co-develop and distribute VR and AR solutions, further expanding its market reach. Revenue is also supplemented by consulting services, where Glimpse Group leverages its expertise to advise businesses on integrating VR and AR technologies into their strategies.

Glimpse Group Financial Statement Overview

Summary

The company shows potential with revenue growth and a solid cash position. However, profitability and cash flow challenges, along with significant financial leverage, necessitate better operational efficiency.

Income Statement

The income statement shows a mix of growth and challenges. Revenue has grown significantly over recent years, with a notable increase from 2021 to 2022. However, the company is facing substantial profitability challenges, with negative net and EBIT margins. The gross profit margin remains positive but is overshadowed by significant operating losses.

Balance Sheet

The balance sheet reflects both strengths and weaknesses. The company has a strong cash position, significantly reducing net debt. However, the high level of liabilities relative to equity is concerning, indicated by a fluctuating debt-to-equity ratio over time. The equity ratio has improved, reflecting a stronger equity base despite past deficits.

Cash Flow

Cash flow analysis reveals mixed results. While operating cash flow is improving, free cash flow has been consistently negative, indicating ongoing cash management challenges. The company has raised substantial financing, enhancing liquidity, but the conversion of cash flow into net income remains low.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
1.42T	8.80M	13.48M	7.27M	3.42M	1.95M
	Gross Profit
1.02T	5.86M	9.22M	6.03M	1.96M	808.12K
	EBIT
-1.46T	-6.62M	-28.81M	-8.20M	-4.71M	-4.92M
	EBITDA
-1.46T	-6.58M	-11.68M	-7.48M	-5.88M	-4.89M
	Net Income Common Stockholders
-2.52T	-6.39M	-28.56M	-3.73M	-6.28M	-5.07M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.06T	1.85M	5.62M	16.49M	1.77M	1.03M
	Total Assets
20.24T	15.56M	24.28M	38.40M	3.22M	2.00M
	Total Debt
19.45B	543.51K	829.40K	0.00	2.05M	1.73M
	Net Debt
-7.04T	-1.30M	-4.79M	-16.25M	281.85K	697.57K
	Total Liabilities
3.52T	4.02M	13.05M	9.58M	4.39M	2.30M
	Stockholders Equity
16.73T	11.54M	11.22M	28.82M	-1.17M	-305.69K
Cash Flow		Free Cash Flow
257.46B	-5.24M	-9.31M	-5.14M	-1.24M	-2.06M
	Operating Cash Flow
298.91B	-5.21M	-9.16M	-4.94M	-1.21M	-2.02M
	Investing Cash Flow
-1.54T	-1.53M	-3.53M	-5.06M	-28.00K	-32.66K
	Financing Cash Flow
6.88T	2.97M	66.11K	26.48M	1.97M	1.89M

Glimpse Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VRAR, the sentiment is Neutral. The current price of 1.35 is below the 20-day moving average (MA) of 1.50, above the 50-day MA of 1.27, and above the 200-day MA of 1.28, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 48.12 is Neutral, neither overbought nor oversold. The STOCH value of 19.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VRAR.

Glimpse Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.97B	10.29	-7.47%	2.99%	7.32%	-8.06%
VRAR	56 Neutral	$29.48M	―	-40.76%	―	-12.30%	76.19%
APCX	49 Neutral	$10.72M	―	-220.48%	―	-25.38%	67.34%
AUID	47 Neutral	$67.08M	―	-168.24%	―	230.96%	91.63%
DTSS	45 Neutral	$16.23M	―	-501.24%	―	141.65%	60.23%
MSAI	43 Neutral	$23.38M	―	-308.31%	―	―	―
BNAI	35 Underperform	$16.21M	―	-254.58%	―	―	-20.33%

Glimpse Group Corporate Events

Glimpse Group Reports Q3 2025 Financial Results

On May 15, 2025, The Glimpse Group reported its Q3 FY 2025 financial results, showing a 25% decrease in revenue compared to the previous year, attributed to revenue recognition timing. Despite this, the company achieved a second consecutive quarter of positive cash flow and expects significant revenue growth in Q4 FY 2025 due to a large Department of Defense contract. The company remains well-positioned for future opportunities, with a strong cash position and no debt, and is considering a share buyback plan to address a perceived undervaluation.