---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-006604"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:37:40.447266+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Glimpse Group Q2 FY2024 revenue falls 29% to $2.08M; net loss $0.74M; adjusted EBITDA loss narrows to $1.33M

## Summary
- Revenue Q2 FY2024 $2.08M, down 29% YoY from $2.95M; six-month revenue $5.18M, down 25%.
- Gross margin 68% vs 70% YoY; decline driven by higher contractor costs on project revenue.
- Net loss $0.74M vs prior-year net income $1.31M (included non-cash gain); six-month net loss $0.86M vs $4.07M.
- Adjusted EBITDA loss narrowed to $1.33M from $2.60M; cash expenses reduced ~50% from high; cash breakeven ~$3M/quarter.
- Cash and equivalents $5.22M as of Dec 31, 2023; no corporate debt or preferred equity.

## SEC filing metadata
- accession: 0001493152-24-006604
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/0001493152-24-006604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-006604
- JSON: https://secwatch.observer/filing/0001493152-24-006604.json
- Plain text: https://secwatch.observer/filing/0001493152-24-006604.txt

## Key facts
- Earnings Releases
  Glimpse Group, Inc. reported its quarter ended December 31, 2023 ("Q2 FY '24") results: revenue approximately $2.08 million, net income Net loss of $0.74 million.
  - Period: its quarter ended December 31, 2023 ("Q2 FY '24")
  - Revenue: approximately $2.08 million
  - Net income: Net loss of $0.74 million
  - Result: reported results
  source text: Total revenue for the three months ended December 31, 2023 was approximately $2.08 million compared to approximately $2.95 million for the three months ended December 31, 2022, a decrease of 29%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/0001493152-24-006604-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.