The Glimpse Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Glimpse Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 35% to $8,804,199. The net income raised on -$6,394,295 and profit margin reached -73%. Total operating expenses were $12,478,798.

Profit Margin

The Glimpse Group, Inc. (NASDAQ:VRAR): Profit margin
2019 983.18K -5.56M -566.48%
2020 1.94M -5.07M -260.87%
2021 3.42M -6.28M -183.61%
2022 7.26M -3.72M -51.29%
2023 13.48M -28.56M -211.86%
2024 8.80M -6.39M -72.63%

VRAR Income Statement (2019 – 2024)

2024 2023 2022 2021 2020 2019
Revenue
Revenue
8.80M13.48M7.26M3.42M1.94M983.18K
Cost of revenue
2.94M4.26M1.24M1.46M1.13M424.96K
Gross profit
5.86M9.21M6.02M1.96M808.12K558.21K
Operating exp.
Research and development
5.45M8.79M6.15M3.18M2.43M2.56M
Selling and marketing
2.81M7.48M3.14M1.26M1.46M1.18M
Total operating expenses
12.47M23.36M14.23M6.67M5.72M6.14M
Operating income
-6.61M-28.80M-8.20M-4.71M-4.92M-5.58M
Other income (expenses), net
221.76K242.40K2.23M-1.38M-72.87K6.89K
Income before tax
-6.39M-28.56M-5.96M-6.09M-4.99M-5.57M
Income tax expense
014.41M-2.23M190.64K81.45K-6.89K
Net income
-6.39M-28.56M-3.72M-6.28M-5.07M-5.56M
Earnings per share
Basic EPS
-0.38-2.05-0.32-0.61-0.49-0.54
Diluted EPS
-0.38-2.05-0.32-0.61-0.49-0.54
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