Glimpse Group reports FY2025 revenue up 20% to $10.5M and plans spin-out of Brightline Interactive

Glimpse Group, Inc.

FY2025 revenue $10.5M, up 20% from $8.8M in FY2024; Q4 FY2025 revenue $3.5M, up 105% YoY.
Net operating cash loss improved to -$0.27M from -$5.2M in FY2024, achieving cash flow neutrality for first time.
Brightline Interactive secured DoW contracts: $4M+ synthetic training ecosystem and $2M+ SpatialCore prime contract.
Board approved strategy to spin out BLI as independent public company; Glimpse shareholders to receive shares in distribution.
Cash position $6.85M with no debt as of June 30, 2025; expects FY2026 revenue to exceed FY2025 but with quarterly volatility.

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