earnings
confidence high
sentiment positive
materiality 0.70
Glimpse Group reports preliminary record FY22 revenue ~$7.2M, up 2.1x YoY; Q4 ~$2.5M
Glimpse Group, Inc.
2023-FY EPS reported
-$0.51
revenue$1,395,000
- Preliminary Q4 FY22 revenue $2.4-2.5M, 2.5x YoY vs $0.99M; highest quarterly revenue ever.
- Full-year FY22 revenue $7.15-7.25M, 2.1x YoY vs $3.42M, including S5D from Feb 2022.
- Cash and equivalents >$18M, no debt, no preferred equity, no material liabilities as of June 30.
- Brightline Interactive acquisition expected to close soon; it generated ~$5M revenue in CY2021.
- CEO: post-Brightline annual run rate ~$15M, representing ~4.5x growth since IPO.