- The Glimpse Group press release ( NASDAQ: VRAR ): Q2 GAAP EPS of $0.07.
- Revenue of $2.95M (+74.6% Y/Y).
- 1H FY '23 record revenue of approximately $6.9 million, a 155% increase compared to 1H FY '22 revenue of approximately $2.7 million.
- Net income for the three months ended December 31, 2022 was $1.31 million, as compared to a net loss of $1.57 million for the comparable 2021 period, an absolute change of $2.88 million.
- Adjusted EBITDA loss of $2.58 million for the three months ended December 31, 2022 increased by $1.77 million compared to a $0.81 million loss for the three months ended December 31, 2021.
- Adjusted EBITDA loss of $3.63 million for the six months ended December 31, 2022 increased by $2.19 million compared to a $1.44 million loss for the six months ended December 31, 2021.
- Net cash used in operating activities was $6.49 million for the six months ended December 31, 2022, compared to $2.36 million during the prior period, an increase of approximately $4.13 million.
For further details see:
The Glimpse Group GAAP EPS of $0.07, revenue of $2.95M