24/7 Market News Snapshot 15 July, 2025 – The Glimpse Group, Inc. Common Stock (NASDAQ:VRAR)
DENVER, Colo., 15 July, 2025 (www.247marketnews.com) – (NASDAQ:VRAR) are discussed in this article.
The Glimpse Group, Inc. is experiencing notable momentum in the financial market, with a pre-market trading surge of 26.11%, bringing its stock price to $2.106, up from a previous close of $1.670. This significant increase indicates a strong bullish trend, supported by a trading volume of 1.45 million shares, reflecting heightened investor interest. Market sentiment is optimistic as the company aligns itself with the growing trends in immersive technology and virtual reality, positioning itself as a favorable opportunity for investors seeking high-growth prospects.
In addition to its robust market performance, Glimpse has announced impressive preliminary financial results for the fourth quarter of fiscal year 2025. The company is set to report total revenues of around $3.50 million for the quarter ending June 30, 2025, which represents a staggering 100% increase from $1.73 million year-over-year and a 150% uptick from the previous quarter’s $1.42 million. This remarkable growth is primarily attributed to contracts acquired through Spatial Core within the Department of Defense software and services sector.
Furthermore, Glimpse has turned a corner in its financial health by achieving positive Adjusted EBITDA for Q4 FY’25, rebounding from a loss of approximately $1.1 million in the same quarter of the previous fiscal year. President and CEO Lyron Bentovim emphasized that the latest quarter’s performance marks the highest revenue generation the company has experienced in over two years, showcasing a strong organic growth trajectory and an increasing demand for its innovative solutions.
As of June 30, 2025, Glimpse maintains a solid cash position of approximately $6.85 million, complemented by a capital structure free of debt or convertible securities. Full revenue figures and detailed financial data will be released along with the company’s audited financial statements at the end of September 2025, further highlighting its stronghold in the immersive technology sector.
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