The Glimpse Group Reports Fiscal Year 2025 Net Loss of $2.55 Million, Improving from $6.39 Million Loss in 2024

Reuters09-30

The Glimpse Group Reports Fiscal Year 2025 Net Loss of $2.55 Million, Improving from $6.39 Million Loss in 2024

The Glimpse Group Inc. reported results for the fiscal year ended June 30, 2025. The company recorded a net loss of approximately $2.55 million, compared to a net loss of about $6.39 million in the prior year, reflecting an improvement of $3.84 million. Other income, primarily from interest income, was approximately $0.19 million for the year, down from $0.22 million in the previous period. The financial statements for the period reflect the consolidated performance of Glimpse and its wholly owned entities. The company noted that the change in net loss was influenced by factors including contingent consideration related to prior acquisitions and changes in short-term interest rates affecting income. Management continues to use EBITDA and Adjusted EBITDA as supplemental performance metrics. No additional significant business or operational updates were disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Glimpse Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-016073), on September 29, 2025, and is solely responsible for the information contained therein.

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The company recorded a net loss of approximately $2.55 million, compared to a net loss of about $6.39 million in the prior year, reflecting an improvement of $3.84 million. Other income, primarily from interest income, was approximately $0.19 million for the year, down from $0.22 million in the previous period. The financial statements for the period reflect the consolidated performance of Glimpse and its wholly owned entities. The company noted that the change in net loss was influenced by factors including contingent consideration related to prior acquisitions and changes in short-term interest rates affecting income. Management continues to use EBITDA and Adjusted EBITDA as supplemental performance metrics. 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