The Glimpse Group Inc (VRAR)

Technology | Software Infrastructure
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 1,422,235,000,000 3,168,934 2,438,369 1,727,251
Cost of Revenue 402,209,000,000 1,144,007 515,303 534,981
Gross Profit 1,020,026,000,000 2,024,927 1,923,066 1,192,270
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 1,648,325,000,000 1,229,604 1,678,587 1,597,990
Operating Expenses 2,478,140,000,000 2,018,000 2,957,969 5,221,729
Operating Income -1,458,114,000,000 6,927 -1,034,903 -4,029,459
Interest Expense 0 0 0 0
Income Before Tax -1,502,202,000,000 25,872 -1,014,192,000,000 -3,994,229
Income Tax Expense 0 0 0 0
Net Income -1,502,202,000,000 25,872 -1,014,192,000,000 -3,994,229
Per Share
EPS -81,813.60 0.00 -55,834.61 -0.24
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 10,527,925 8,804,199 13,482,364 7,267,613 3,421,495
Cost of Revenue 3,407,946 2,941,460 4,266,013 1,241,149 1,461,210
Gross Profit 7,119,979 5,862,739 9,216,351 6,026,464 1,960,285
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 5,838,020 7,111,669 12,527,337 8,072,910 3,487,899
Operating Expenses 9,332,751 12,478,798 23,366,915 14,231,305 6,670,954
Operating Income -2,212,772 -6,616,059 -28,805,684 -8,204,841 -4,710,669
Interest Expense 0 0 0 32,227 180,641
Income Before Tax -2,552,651 -6,394,295 -28,563,283 -5,966,287 -6,091,687
Income Tax Expense 0 0 14,412,719 -2,238,554 0
Net Income -2,552,651 -6,394,295 -28,563,283 -3,727,733 -6,091,687
Per Share
EPS -0.13 -0.38 -2.05 -0.32 -0.64
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 6,832,725 1,848,295 5,619,083 16,249,666
Short Term Investments 0 0 0 239,314
Net Receivables 1,050,000 723,032 1,453,770 1,332,922
Inventory 0 0 158,552 39,484
Total Current Assets 8,172,657 3,520,289 7,793,568 18,340,869
Property Plant Equipment 122,094 620,133 892,283 245,970
Goodwill and Intangibles 10,918,317 11,345,467 15,520,789 17,528,245
Total Assets 19,279,066 15,558,603 24,278,407 38,397,084
Liabilities
Account Payables 228,371 181,668 455,777 340,139
Short Term Debt 127,045 364,688 405,948 0
Total Current Liabilities 2,338,472 2,427,598 8,126,121 4,239,415
Long Term Debt 4,704 178,824 423,454 0
Total Liabilities 2,343,176 4,020,118 13,054,575 9,580,215
Shareholders Equity
Retained Earnings -65,591,924 -63,039,273 -56,644,978 -28,081,695
Total Shareholders Equity 16,935,890 11,538,485 11,223,832 28,816,869
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 6,832,725 1,848,295 5,619,083 16,249,666 1,771,929
Short Term Investments 0 0 0 239,314 0
Net Receivables 1,050,000 723,032 1,453,770 1,332,922 626,244
Inventory 0 0 158,552 39,484 0
Total Current Assets 8,172,657 3,520,289 7,793,568 18,340,869 3,178,868
Property Plant Equipment 122,094 620,133 892,283 245,970 42,172
Goodwill and Intangibles 10,918,317 11,345,467 15,520,789 17,528,245 0
Total Assets 19,279,066 15,558,603 24,278,407 38,397,084 3,221,040
Liabilities
Account Payables 228,371 181,668 455,777 340,139 381,510
Short Term Debt 127,045 364,688 405,948 0 0
Total Current Liabilities 2,338,472 2,427,598 8,126,121 4,239,415 2,339,037
Long Term Debt 4,704 178,824 423,454 0 2,053,781
Total Liabilities 2,343,176 4,020,118 13,054,575 9,580,215 4,392,818
Shareholders Equity
Retained Earnings -65,591,924 -63,039,273 -56,644,978 -28,081,695 -22,115,408
Total Shareholders Equity 16,935,890 11,538,485 11,223,832 28,816,869 -1,171,778
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income -2,552,651 -6,394,295 -28,563,283 -5,966,287
Depreciation & Amortization 508,135 1,361,628 2,192,982 540,196
Stock Based Compensation 984,143 2,175,072 4,974,519 2,893,297
Change in Working Capital 607,073 -460,808 -2,418,660 -390,080
Operating Cash Flow -273,774 -5,209,847 -9,162,414 -4,940,865
Investing Activities
Capital Expenditure -42,508 -31,548 -146,333 -201,998
Investments -42,508 -31,548 -146,333 -201,998
Investing Cash Flow -1,542,508 -1,529,442 -3,534,280 -5,057,206
Financing Activities
Debt Repayment 0 0 0 -250,000
Common Stock Issued/Repurchased 175,760 2,968,501 326,435,066,111 25,399,764
Dividends Paid 0 0 0 0
Financing Cash Flow 6,800,712 2,968,501 66,111 26,475,808
Summary
Free Cash Flow -316,282 -5,241,395 -9,308,747 -5,142,863
Net Change in Cash 4,984,430 -3,770,788 -12,630,583 16,477,737
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income -2,552,651 -6,394,295 -28,563,283 -5,966,287 -6,091,687
Depreciation & Amortization 508,135 1,361,628 2,192,982 540,196 27,054
Stock Based Compensation 984,143 2,175,072 4,974,519 2,893,297 2,945,487
Change in Working Capital 607,073 -460,808 -2,418,660 -390,080 1,514,911
Operating Cash Flow -273,774 -5,209,847 -9,162,414 -4,940,865 -1,209,616
Investing Activities
Capital Expenditure -42,508 -31,548 -146,333 -201,998 -28,003
Investments -42,508 -31,548 -146,333 -201,998 -28,003
Investing Cash Flow -1,542,508 -1,529,442 -3,534,280 -5,057,206 -28,003
Financing Activities
Debt Repayment 0 0 0 -250,000 0
Common Stock Issued/Repurchased 175,760 2,968,501 326,435,066,111 25,399,764 969,838
Dividends Paid 0 0 0 0 0
Financing Cash Flow 6,800,712 2,968,501 66,111 26,475,808 1,974,702
Summary
Free Cash Flow -316,282 -5,241,395 -9,308,747 -5,142,863 -1,237,619
Net Change in Cash 4,984,430 -3,770,788 -12,630,583 16,477,737 737,083