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The Glimpse Group Provides Preliminary Unaudited Q4 Fiscal Year '25 Results: 100% Organic Revenue Growth ($3.5MM) And Positive EBITDA
Globenewswireยท 2025-07-15 09:00
Core Insights - The Glimpse Group, Inc. reported preliminary financial results for Q4 FY'25, indicating significant revenue growth driven by its Department of Defense contracts [1][4]. Financial Performance - Total revenues for Q4 FY'25 are expected to be approximately $3.50 million, marking a 100% increase from $1.73 million in Q4 FY'24 and a 150% increase from $1.42 million in Q3 FY'25 [2]. - Adjusted EBITDA for Q4 FY'25 was positive, contrasting with an Adjusted EBITDA loss of approximately -$1.1 million in Q4 FY'24 [2]. Cash Position - As of June 30, 2025, the company's cash and equivalents stood at approximately $6.85 million, with a clean capital structure that includes no debt, convertible debt, or preferred equity [3]. Business Commentary - The President & CEO highlighted that Q4 FY'25 revenue was the highest in over two years, driven entirely by organic growth from Spatial Core's contracts [4].