Glimpse Group Inc
NASDAQ:VRAR
Income Statement
Earnings Waterfall
Glimpse Group Inc
Revenue
|
11.8m
USD
|
Cost of Revenue
|
-4m
USD
|
Gross Profit
|
7.8m
USD
|
Operating Expenses
|
-17.1m
USD
|
Operating Income
|
-9.3m
USD
|
Other Expenses
|
-16m
USD
|
Net Income
|
-25.3m
USD
|
Income Statement
Glimpse Group Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
5
N/A
|
6
+25%
|
7
+26%
|
10
+40%
|
11
+12%
|
13
+14%
|
13
+3%
|
13
-6%
|
12
-7%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Gross Profit |
3
N/A
|
5
+39%
|
6
+25%
|
8
+31%
|
8
+8%
|
9
+9%
|
9
0%
|
8
-9%
|
8
-8%
|
|
Operating Income | ||||||||||
Operating Expenses |
(10)
|
(13)
|
(12)
|
(18)
|
(16)
|
(19)
|
(23)
|
(16)
|
(17)
|
|
Selling, General & Administrative |
(5)
|
(6)
|
(8)
|
(10)
|
(12)
|
(12)
|
(13)
|
(12)
|
(10)
|
|
Research & Development |
(4)
|
(5)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(8)
|
(7)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
2
|
(1)
|
5
|
3
|
1
|
6
|
2
|
|
Operating Income |
(7)
N/A
|
(8)
-16%
|
(6)
+22%
|
(10)
-64%
|
(8)
+27%
|
(10)
-32%
|
(13)
-35%
|
(7)
+46%
|
(9)
-28%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
1
|
1
|
(0)
|
(15)
|
(16)
|
(16)
|
|
Total Other Income |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(7)
N/A
|
(8)
-7%
|
(6)
+24%
|
(10)
-62%
|
(7)
+30%
|
(10)
-51%
|
(29)
-178%
|
(23)
+18%
|
(25)
-9%
|
|
Net Income | ||||||||||
Income from Continuing Operations |
(7)
|
(8)
|
(6)
|
(10)
|
(7)
|
(10)
|
(29)
|
(23)
|
(25)
|
|
Net Income (Common) |
(7)
N/A
|
(8)
-7%
|
(6)
+24%
|
(10)
-62%
|
(7)
+30%
|
(10)
-51%
|
(29)
-178%
|
(23)
+18%
|
(25)
-9%
|
|
EPS (Diluted) |
-0.62
N/A
|
-0.62
N/A
|
-0.51
+18%
|
-0.72
-41%
|
-0.35
+51%
|
-0.74
-111%
|
-2.05
-177%
|
-1.58
+23%
|
-1.52
+4%
|