회사 개요
The Glimpse Group, Inc. is an immersive technology company that develops and provides enterprise-focused software and services centered on virtual reality (VR), augmented reality (AR), and spatial computing within the United States. The firm operates within the Technology sector, specifically classified under the Software - Infrastructure industry, which implies a focus on foundational software solutions rather than consumer-facing applications or hardware manufacturing. As of the latest reporting period, the company maintains a market capitalization of $14.33M and employs approximately 40 individuals to support its operations. The relatively modest market cap combined with an annual revenue of $7.62M indicates that the company currently holds a niche position in the market, suggesting it is a small-cap entity with limited market penetration compared to larger technology peers.
재무 건전성
The company reported trailing twelve-month revenue of $7.62M, yet it recorded a net income of $-3,823,229, revealing a significant divergence where operating costs and expenses substantially exceeded total revenue generation. This gap is further highlighted by an EBITDA of $-3,939,495, indicating that the core business operations are currently generating negative cash earnings before interest, taxes, depreciation, and amortization. Free cash flow stands at $-3,826,330, which signifies a heavy reliance on external financing or existing cash reserves to sustain daily operations and strategic initiatives without organic cash generation. The gross margin is reported at 65.2%, suggesting that the company retains a healthy portion of revenue after direct costs, whereas the operating margin of -97.1% and profit margin of -50.2% demonstrate that high overhead or R&D expenses are eroding profitability at a substantial rate. On the balance sheet, the company holds $3.34M in cash against total debt of $200,569, resulting in a debt-to-equity ratio of 1.31, which suggests a leveraged financial structure where equity is less than debt obligations. Despite the leverage, the current ratio of 6.82 indicates a robust short-term liquidity position, meaning the company possesses ample current assets to cover its current liabilities many times over. Furthermore, the return on equity is -23.1% and the return on assets is -13.9%, metrics that collectively reveal that management has not yet been effective in generating positive returns on the capital invested by shareholders or utilized in the asset base.
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Valuation metrics for the company present a complex picture, with a forward P/E of -22.67 reflecting the inability to value the stock based on current earnings due to losses, while the trailing P/E is listed as N/A because there is no positive earnings base for the trailing twelve-month period. The price-to-book ratio is 0.94, which indicates that the market values the company at slightly less than its tangible book value, suggesting a lack of market premium or a potential undervaluation if assets were liquidated at current prices. Alternative valuation measures such as the price-to-sales ratio of 1.88 and an EV/EBITDA of -2.91 provide context on how the market prices the firm's sales and enterprise value relative to its negative earnings power. Price action over the past year shows a 52-week high of $1.85 and a 52-week low of $0.57, meaning the stock trades within a volatile range defined by these specific price points. The beta of 1.21 indicates that the stock's price volatility is higher than the broader market, moving approximately 21% more than the S&P 500 during periods of market fluctuation.
Growth & Income
Revenue growth year-over-year has declined by -59.0%, while earnings growth is listed as N/A due to the absence of positive earnings to measure growth against. The significant contraction in revenue suggests a challenging period for the business model, and since earnings are negative, the concept of earnings growing faster or slower than revenue does not apply in a traditional sense. The company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which implies that the firm reinvests all available resources back into the business rather than distributing cash to shareholders. Consequently, the overall growth and income profile is characterized by negative revenue momentum and a total lack of current income distribution, relying entirely on future operational improvements to restore profitability and cash flow generation.