Glimpse Group FY22: revenue $7.27M (+113%), core software +143%, net loss improves to $5.96M

Glimpse Group, Inc.

Total revenue $7.27M, up 113% YoY; core software & services revenue $4.18M, up 143%.
Gross profit margin 83% vs 57% prior year; expects decline to 60-70% with acquisitions.
Net loss $5.96M, improved 2% from $6.09M; adjusted EBITDA loss $3.97M vs $1.47M.
Cash $18.25M plus $0.24M bonds; no debt; net cash burn expected ~$4M for CY22.
Recent acquisitions (S5D, BLI, PulpoAR) closed; annual revenue run rate ~$15M.

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