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The Glimpse Group Provides Preliminary Unaudited Q4 Fiscal Year 鈥�25 Results: 100% Organic Revenue Growth ($3.5MM) And Positive EBITDA

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- The Glimpse Group, Inc. (鈥淕limpse鈥�) (NASDAQ: VRAR; FSE: 9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual AG真人官方ity (鈥淰R鈥�), Augmented AG真人官方ity (鈥淎R鈥�) and Spatial Computing software and services, provided preliminary and unaudited financial results for its fourth quarter fiscal year 2025, ended June 30, 2025 (鈥淨4 FY 鈥�25鈥�).

Preliminary Q4 FY鈥�25 Financial Results

The Company expects total revenues for Q4 FY鈥�25 to be approximately $3.50 million, representing: a) an increase of approximately 100% compared to revenues of $1.73 million in Q4 FY鈥�24, and b) an increase of approximately 150% compared to revenues of $1.42 million in Q3 FY鈥�25.

Adjusted EBITDA for Q4 FY鈥�25 was positive compared to an Adjusted EBITDA loss of approximately -$1.1 million in Q4 FY鈥�24.

The Company鈥檚 cash and equivalent position as of June 30, 2025 was approximately $6.85 million. We continue to maintain a clean capital structure with no debt, no convertible debt and no preferred equity.

Final recognized revenue and any other financials are subject to review, may change and will be released with the Company鈥檚 audited financial statements and related annual report towards the end of September 2025.

Lyron Bentovim, President & CEO of Glimpse, commented: 鈥淨4 FY鈥�25 revenue was our highest in over two years, entirely organic and primarily driven by Spatial Core鈥檚 Department of Defense (DoD) software and services contracts. In parallel, we maintained profitable operations鈥攁 continuation of our recent quarters.鈥�

Note about Non-GAAP Financial Measures

A non-GAAP financial measure is a numerical measure of a company鈥檚 performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with accounting principles generally accepted in the United States of America, or GAAP. Non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. Other companies may use different non-GAAP measures and presentation of results.

In addition to financial results presented in accordance with GAAP, this press release presents adjusted EBITDA, which is a non-GAAP measure.聽Adjusted EBITDA is determined by taking net loss and adding interest, taxes, depreciation, amortization and stock-based compensation expenses.聽The company believes that this non-GAAP measure, viewed in addition to and not in lieu of net loss, provides useful information to investors by providing a more focused measure of operating results.聽This metric is an integral part of the Company鈥檚 internal reporting to evaluate its operations and the performance of senior management. A reconciliation of adjusted EBITDA to net loss, the most comparable GAAP measure, is available in the accompanying financial tables below.聽The non-GAAP measure presented herein may not be comparable to similarly titled measures presented by other companies.

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ: VRAR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual AG真人官方ity, Augmented AG真人官方ity and Spatial Computing software & services. Glimpse's unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渧iew,鈥� 鈥渃ould,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥渟hould,鈥� and 鈥渨ould鈥� or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management鈥檚 best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Company Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
(917) 292-2685