The Glimpse Group, Inc.

NasdaqCM:VRAR Stock Report

Market Cap: US$63.4m

Glimpse Group Balance Sheet Health

Financial Health criteria checks 3/6

Glimpse Group has a total shareholder equity of $10.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.2M and $4.3M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.41m
EquityUS$10.89m
Total liabilitiesUS$4.27m
Total assetsUS$15.17m

Recent financial health updates

Recent updates

One Analyst's Revenue Estimates For The Glimpse Group, Inc. (NASDAQ:VRAR) Are Surging Higher

Feb 19
One Analyst's Revenue Estimates For The Glimpse Group, Inc. (NASDAQ:VRAR) Are Surging Higher

Fewer Investors Than Expected Jumping On The Glimpse Group, Inc. (NASDAQ:VRAR)

Feb 16
Fewer Investors Than Expected Jumping On The Glimpse Group, Inc. (NASDAQ:VRAR)

The Glimpse Group, Inc. (NASDAQ:VRAR) Just Reported, And Analysts Assigned A US$2.73 Price Target

Nov 17
The Glimpse Group, Inc. (NASDAQ:VRAR) Just Reported, And Analysts Assigned A US$2.73 Price Target

One Analyst Just Shaved Their The Glimpse Group, Inc. (NASDAQ:VRAR) Forecasts Dramatically

Oct 05
One Analyst Just Shaved Their The Glimpse Group, Inc. (NASDAQ:VRAR) Forecasts Dramatically

The Glimpse Group, Inc.'s (NASDAQ:VRAR) Popularity With Investors Is Clear

Aug 05
The Glimpse Group, Inc.'s (NASDAQ:VRAR) Popularity With Investors Is Clear

The Glimpse Group GAAP EPS of -$0.51 misses by $0.24, revenue of $7.3M misses by $6.7M

Sep 28

The Glimpse Group Grows Revenue From Acquisitions But Operating Losses Mount

Aug 18

The Glimpse Group gains on announcing Q4 and FY22 prelim revenue

Jul 19

The Glimpse Group's Ecosystem Strengthens As The Stock Price Tumbles

Jun 23

Glimpse Group: Can This Little Known Metaverse Play Win Big?

Apr 11

The Glimpse Group Is Materially Undervalued, $21 Price Target

Apr 02

Momentum Builds As The Glimpse Group Moves Into 2022

Feb 16

The Glimpse Group: Ride The Metaverse Wave With This Overlooked Micro-Cap

Dec 14

The Glimpse Group: A Diversified Way To Bet On Virtual And Augmented Reality

Oct 17

Glimpse Group: Rare Virtual/Augmented Reality Pure Play

Aug 10

Financial Position Analysis

Short Term Liabilities: VRAR's short term assets ($3.4M) do not cover its short term liabilities ($4.1M).

Long Term Liabilities: VRAR's short term assets ($3.4M) exceed its long term liabilities ($137.0K).

Debt to Equity History and Analysis

Debt Level: VRAR is debt free.

Reducing Debt: VRAR has no debt compared to 5 years ago when its debt to equity ratio was 42.4%.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: VRAR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VRAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.9% each year

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Glimpse Group, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Casey RyanWestPark Capital, Inc.