Glimpse Group Inc (VRAR) - Net Assets
Based on the latest financial reports, Glimpse Group Inc (VRAR) has net assets worth $16.15 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.35 Million) and total liabilities ($2.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Glimpse Group Inc (VRAR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.15 Million |
| % of Total Assets | 88.02% |
| Annual Growth Rate | 50.21% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.51 |
Glimpse Group Inc - Net Assets Trend (2019–2025)
This chart illustrates how Glimpse Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Glimpse Group Inc for the complete picture of this company's asset base.
Annual Net Assets for Glimpse Group Inc (2019–2025)
The table below shows the annual net assets of Glimpse Group Inc from 2019 to 2025. For live valuation and market cap data, see VRAR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $16.94 Million | +46.78% |
| 2024-06-30 | $11.54 Million | +2.80% |
| 2023-06-30 | $11.22 Million | -61.05% |
| 2022-06-30 | $28.82 Million | +2559.24% |
| 2021-06-30 | $-1.17 Million | -283.32% |
| 2020-06-30 | $-305.69K | -120.74% |
| 2019-06-30 | $1.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glimpse Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5456155300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.06K | 0.12% |
| Other Components | $82.51 Million | 487.17% |
| Total Equity | $16.94 Million | 100.00% |
Glimpse Group Inc Competitors by Market Cap
The table below lists competitors of Glimpse Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Embelton Ltd
AU:EMB
|
$12.35 Million |
|
AVA Risk Group Ltd
AU:AVA
|
$12.36 Million |
|
YY Group Holding Limited Class A Ordinary Shares
NASDAQ:YYGH
|
$12.36 Million |
|
Benton Resources Inc
V:BEX
|
$12.36 Million |
|
Moksh Ornaments Limited
NSE:MOKSH
|
$12.34 Million |
|
Les Constructeurs Du Bois SA
PA:MLLCB
|
$12.34 Million |
|
BBGI SICAV SA
LSE:BBGI
|
$12.33 Million |
|
Spring Ventures Ltd
TA:SPRG
|
$12.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glimpse Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,538,485 to 16,935,890, a change of 5,397,405 (46.8%).
- Net loss of 2,552,651 reduced equity.
- Share repurchases of 175,760 reduced equity.
- New share issuances of 6,785,552 increased equity.
- Other factors increased equity by 1,340,264.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.55 Million | -15.07% |
| Share Repurchases | $175.76K | -1.04% |
| Share Issuances | $6.79 Million | +40.07% |
| Other Changes | $1.34 Million | +7.91% |
| Total Change | $- | 46.78% |
Book Value vs Market Value Analysis
This analysis compares Glimpse Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.73x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.21 | $0.59 | x |
| 2020-06-30 | $-0.03 | $0.59 | x |
| 2021-06-30 | $-0.11 | $0.59 | x |
| 2022-06-30 | $2.46 | $0.59 | x |
| 2023-06-30 | $0.81 | $0.59 | x |
| 2024-06-30 | $0.69 | $0.59 | x |
| 2025-06-30 | $0.86 | $0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glimpse Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.25%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.14x
- Recent ROE (-15.07%) is above the historical average (-103.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -377.92% | -566.48% | 0.48x | 1.40x | $-5.72 Million |
| 2020 | 0.00% | -256.69% | 0.97x | 0.00x | $-4.96 Million |
| 2021 | 0.00% | -178.04% | 1.06x | 0.00x | $-5.97 Million |
| 2022 | -20.70% | -82.09% | 0.19x | 1.33x | $-8.85 Million |
| 2023 | -254.49% | -211.86% | 0.56x | 2.16x | $-29.69 Million |
| 2024 | -55.42% | -72.63% | 0.57x | 1.35x | $-7.55 Million |
| 2025 | -15.07% | -24.25% | 0.55x | 1.14x | $-4.25 Million |
Industry Comparison
This section compares Glimpse Group Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $527,355,826
- Average return on equity (ROE) among peers: -32.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glimpse Group Inc (VRAR) | $16.15 Million | -377.92% | 0.14x | $12.35 Million |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $26.91 Million | -95.01% | 0.21x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 0.95% | 0.09x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $13.57 Million | 2.93% | 0.26x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $3.19 Billion | 9.35% | 0.71x | $15.05 Billion |
About Glimpse Group Inc
The Glimpse Group, Inc., an immersive technology company provides enterprise focused virtual reality (VR), augmented reality (AR), and spatial computing software and services in the United States. It offers Brightline Interactive, an immersive and interactive experience, training scenarios, and simulation for government and commercial customers; sector 5 digital for corporate immersive experience… Read more