The Glimpse Group (The Glimpse Group) Operating Income : $-11.43 Mil (TTM As of Dec. 2023)

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What is The Glimpse Group Operating Income?

The Glimpse Group's Operating Income for the three months ended in Dec. 2023 was $-2.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.43 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. The Glimpse Group's Operating Income for the three months ended in Dec. 2023 was $-2.07 Mil. The Glimpse Group's Revenue for the three months ended in Dec. 2023 was $2.08 Mil. Therefore, The Glimpse Group's Operating Margin % for the quarter that ended in Dec. 2023 was -99.81%.

The Glimpse Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Glimpse Group's annualized ROC % for the quarter that ended in Dec. 2023 was -41.90%. The Glimpse Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -925.00%.

The Glimpse Group Operating Income Historical Data

The historical data trend for The Glimpse Group's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Glimpse Group Operating Income Chart

The Glimpse Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Operating Income

-5.58

-4.92

-4.70

-8.21

-14.15

The Glimpse Group Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Operating Income	Get a 7-Day Free Trial												-4.00	-2.85	-4.47	-2.04	-2.07

The Glimpse Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.43 Mil.

The Glimpse Group (NAS:VRAR) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Glimpse Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-8.288 * ( 1 - 0% )	/	( (19.553	+	20.007)	/ 2 )
=	-8.288	/	19.78
=	-41.90 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	24.188	-	1.357	-	( 3.929	-	max(0, 5.612	-	8.89	+	3.929	))
=	19.553

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	22.075	-	0.931	-	( 5.221	-	max(0, 6.068	-	7.205	+	5.221	))
=	20.007

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

The Glimpse Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.288	/	( ( (0.964 + max(-3.209, 0))	+	(0.828 + max(-3.634, 0)) )	/	2 )
=	-8.288	/	( ( 0.964	+	0.828 )	/	2 )
=	-8.288	/	0.896
=	-925.00 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.202	+	0	+	0.775)	-	(1.357	+	0.209	+	3.62)
=	-3.209

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.246	+	0	+	0.738)	-	(0.931	+	0.137	+	4.55)
=	-3.634

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

The Glimpse Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-2.072	/	2.076
	=	-99.81 %

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

The Glimpse Group Operating Income Related Terms

Thank you for viewing the detailed overview of The Glimpse Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

The Glimpse Group (The Glimpse Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Glimpse Group Inc (NAS:VRAR) » Definitions » Operating Income

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Traded in Other Exchanges

9DR:Germany

Address

15 West 38th Street, 12th Floor, New York, NY, USA, 10018

Website

https://www.theglimpsegroup.com

The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.

Executives

Lemuel Amen	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Tyler Gates	officer: Chief Futurist Officer	4154 36TH STREET, ARLINGTON VA 22206
Alexander Ruckdaeschel	director	123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Jeffrey Ralph Meisner	director, officer: Chief Revenue Officer	401 PALLADIAN BLVD., SOUTHLAKE TX 76092
Lyron L Bentovim	director, 10 percent owner, officer: President & CEO	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Maydan Rothblum	director, officer: Chief Financial Officer & COO	19655 DESCARTES, FOOTHILL RANCH CA 92610
Jeffrey D. Enslin	director	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Ian Morgan Charles	director	35 ANTILLES WAY, TIBURON CA 94920
David John Smith	director, 10 percent owner, officer: Chief Creative Officer	15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Sharon T Rowlands	director	195 BROADWAY, NEW YORK NY 10007