The Glimpse Group, Inc. (VRAR)

NASDAQ: VRAR · IEX Real-Time Price · USD
6.41
+0.23 (3.72%)
At close: Aug 12, 2022 4:00 PM
6.49
+0.08 (1.25%)
After-hours: Aug 12, 2022 7:04 PM EDT
3.72%
Market Cap 81.70M
Revenue (ttm) 5.75M
Net Income (ttm) -7.83M
Shares Out 12.75M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 193,581
Open 6.18
Previous Close 6.18
Day's Range 6.11 - 6.50
52-Week Range 3.04 - 21.00
Beta n/a
Analysts Buy
Price Target 12.24 (+91.0%)
Earnings Date May 16, 2022

About VRAR

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, incl... [Read more...]

Industry Software-Infrastructure
IPO Date Jul 1, 2021
Employees 65
Stock Exchange NASDAQ
Ticker Symbol VRAR
Full Company Profile

Financial Performance

In 2021, VRAR's revenue was $3.42 million, an increase of 75.88% compared to the previous year's $1.95 million. Losses were -$6.09 million, 22.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VRAR stock is "Buy." The 12-month stock price forecast is 12.24, which is an increase of 90.95% from the latest price.

Price Target
$12.24
(90.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Glimpse Group Adds Its 9th and 10th Virtual and Augmented Reality US Patents

With The Closing of the Brightline Interactive Transaction, Glimpse Adds Its 9th and 10th US Patents: Immersive Ecosystem and System And Method for Generating An Augmented Reality Experience NEW YORK, N...

The Glimpse Group Completes Its Previously Announced Brightline Interactive Transaction, Making It One Of The Largest...

Scales Glimpse's Combined Annual Revenue Run Rate to Approximately $15 million, over 200 Immersive Technology Professionals, Top Tier Customer Base, 10 Patents and Global Operations Company to Host Corp...

The Glimpse Group Announces Record Unaudited Preliminary Revenues For Fiscal Q4 and Full Year 2022

Q4 FY 2022 Expected Revenues of approximately $2.5 Million, representing Year-over-Year Growth of approximately 2.5X; FY 2022 Expected Revenues of approximately $7.2 Million, representing Year-over-Year...

The Glimpse Group Issued Its 8th Virtual and Augmented Reality U.S. Patent

Glimpse, via its Subsidiary Company Post Reality, Issued a New U.S. Patent For The Marker-Based Positioning of Simulated Reality NEW YORK, NY / ACCESSWIRE / June 27, 2022 / The Glimpse Group, Inc. ("Gli...

The Glimpse Group Appoints Accomplished Technology Growth Executive, Sam Losar, as General Manager of Post Reality

Hire Expected to Propel Post Reality's Enterprise-Focused Augmented Reality SaaS Revenue Growth and Scaling NEW YORK, NY / ACCESSWIRE / June 21, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR), a ...

The Glimpse Group Acquires PulpoAR, an Augmented Reality SaaS Company Providing Artificial Intelligence-Based Virtual...

Asset Acquisition into QReal Subsidiary to Propel Glimpse's Artificial Intelligence (AI), Facial Recognition and Virtual Try-On Capabilities, While Adding New Customers in the Beauty and Retail Vertical...

The Glimpse Group merges Brightline Interactive, a Leading Immersive Technology Company, Into a Newly Formed Subsidia...

Pivotal Combination Increases Glimpse's Annual Revenue Base by Approximately $5 million, Strengthens Operating Foundation, Adds Tier 1 Customers and Deepens Executive Team NEW YORK, NY / ACCESSWIRE / Ma...

The Glimpse Group Reports Record Fiscal Third Quarter 2022 Financial Results

Fiscal Third Quarter Revenue Grows by 123% Year-over-Year to a Record $2.1 million, with Core Software & Services Revenue Growing by 176% Year-over-Year 9 Month Revenue Grows by 95% Year-over-Year to a ...

The Glimpse Group to Participate in the H.C. Wainwright Global Investment Conference May 23-26, 2022

NEW YORK, NY / ACCESSWIRE / May 12, 2022 / The Glimpse Group, Inc. ("Glimpse") ( NASDAQ:VRAR ,FSE:9DR), a diversified Virtual Reality ("VR") and Augmented Reality ("AR") platform company providing enter...

The Glimpse Group to Announce Its Fiscal Third Quarter 2022 Financial Results on Monday, May 16 at 4:30 p.m. Eastern ...

NEW YORK, NY / ACCESSWIRE / May 4, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR) ("Glimpse" or the "Company"), a diversified Virtual Reality and Augmented Reality ("VR" and "AR") platform compan...

QReal Featured in Fourth Annual Snap Partner Summit

QReal's Lens for New York Department of Environmental Protection Highlighted in Keynote Address for Snap Lens Cloud Storage Services NEW YORK, NY / ACCESSWIRE / April 29, 2022 / QReal, LLC (https://www....

The Glimpse Group Issued Its 7th Virtual and Augmented Reality U.S. Patent

Glimpse, via its Subsidiary Company Foretell Reality, Issued a New U.S. Patent For a Cross Platform Virtual Reality System NEW YORK, NY / ACCESSWIRE / April 20, 2022 / The Glimpse Group, Inc. ("Glimpse"...

The Glimpse Group Accelerates Growth Potential With the Appointment of Immersive Technology Marketing Veteran James W...

With more than 20 years of marketing experience, James Watson has spent the last 10 years developing award winning marketing programs across the VR & AR sectors with leading global companies NEW YORK, N...

Adept XR Provides Maintenance Equipment VR Simulation For Goodway Technologies

NEW YORK, NY / ACCESSWIRE / March 29, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR), a diversified Virtual Reality ("VR") and Augmented Reality ("AR") platform company providing enterprise-focus...

The Glimpse Group Announces Augmented Reality Books Partnership between Post Reality and Educational Publishing Compa...

Partnership Entails the Development of Augmented Reality (AR) Capabilities for Lightswitch's Children's Books and a SaaS Business Model NEW YORK, NY / ACCESSWIRE / March 22, 2022 / The Glimpse Group, In...

The Glimpse Group Announces the Launch of Glimpse Israel

US based Virtual and Augmented Reality Company Expands Global Presence with Israel Operating Hub TEL AVIV, ISRAEL / ACCESSWIRE / March 17, 2022 / The Glimpse Group ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a ...

The Glimpse Group Issued Its 6th Virtual and Augmented Reality U.S. Patent

Glimpse, via its Subsidiary Company Foretell Reality, Issued a New U.S. Patent For Presenting a Simulated Reality Adaptive User Space NEW YORK, NY / ACCESSWIRE / March 15, 2022 / The Glimpse Group, Inc....

The Glimpse Group to Participate in the 34th Annual Roth Conference March 13-15, 2022

NEW YORK, NY / ACCESSWIRE / March 7, 2022 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Virtual Reality ("VR") and Augmented Reality ("AR") platform company providing enter...

The Glimpse Group Appoints M7 Innovations' Matt Maher as Advisor & Strategic Marketing Partner

Glimpse Engages Leading-Edge NYC-Based Creative Firm to Guide Marketing Efforts Amidst Rapid Metaverse Adoption and Market Growth NEW YORK, NY / ACCESSWIRE / March 1, 2022 / The Glimpse Group, Inc. (NAS...

The Glimpse Group Reports Record Fiscal Second Quarter 2022 Financial Results

6 Month Revenue Grows to a Record $2.71 million a 78% Increase Year-over-Year, with Core Software & Services Revenue Growing 166% Year-over-Year Fiscal Second Quarter Revenue Grows to a Record $1.69 mil...

QReal, in collaboration with Bollè and M7 Innovations, Wins Best Use of Technology in the Modern Retail Awards 2021 f...

The Commercial Results of The AR campaign Led To Significant Consumer Interactions With The Presented 3D Products And A Marked Increase in Year-over-Year Sales NEW YORK, NY / ACCESSWIRE / February 7, 20...

The Glimpse Group Closes Acquisition of Sector 5 Digital

Accretive Acquisition Expected to Approximately Double Glimpse's Annual Revenues NEW YORK, NY / ACCESSWIRE / February 1, 2022 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified ...

The Glimpse Group to Announce Its Fiscal Second Quarter 2022 Financial Results on Monday, February 14 at 4:30 p.m. Ea...

NEW YORK, NY / ACCESSWIRE / January 31, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR) ("Glimpse" or the "Company"), a diversified Virtual Reality and Augmented Reality ("VR" and "AR") platform c...

The Glimpse Group Creates a Fully Deployable Metaverse NFT

Glimpse Medal NFT Can Be Utilized Across All Augmented and Virtual Reality Platforms NEW YORK, NY / ACCESSWIRE / January 20, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR) ("Glimpse" or the "Comp...

The Glimpse Group Appoints Ian Charles to its Board of Directors

Veteran Tech CFO Brings Strong Growth and Scaling Financial Experience NEW YORK, NY / ACCESSWIRE / January 18, 2022 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Virtual Re...