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Side-by-side financial comparison of APARTMENT INVESTMENT & MANAGEMENT CO (AIV) and Glimpse Group, Inc. (VRAR). Click either name above to swap in a different company.

APARTMENT INVESTMENT & MANAGEMENT CO is the larger business by last-quarter revenue ($2.1M vs $1.3M, roughly 1.6× Glimpse Group, Inc.). APARTMENT INVESTMENT & MANAGEMENT CO runs the higher net margin — 14155.2% vs -94.3%, a 14249.5% gap on every dollar of revenue. On growth, APARTMENT INVESTMENT & MANAGEMENT CO posted the faster year-over-year revenue change (16.7% vs -59.0%). Glimpse Group, Inc. produced more free cash flow last quarter ($-747.3K vs $-91.5M).

Beach Point Capital Management is an American hedge fund management firm headquartered in Santa Monica, California.The firm focuses on credit related investments.

The Glimpse Group, Inc. is a specialized immersive technology firm focused on developing virtual reality (VR) and augmented reality (AR) solutions. It serves enterprise, education, healthcare, and entertainment segments, offering custom immersive experiences and software tools for clients across North America and select global markets.

AIV vs VRAR — Head-to-Head

Bigger by revenue
AIV
AIV
1.6× larger
AIV
$2.1M
$1.3M
VRAR
Growing faster (revenue YoY)
AIV
AIV
+75.7% gap
AIV
16.7%
-59.0%
VRAR
Higher net margin
AIV
AIV
14249.5% more per $
AIV
14155.2%
-94.3%
VRAR
More free cash flow
VRAR
VRAR
$90.8M more FCF
VRAR
$-747.3K
$-91.5M
AIV

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AIV
AIV
VRAR
VRAR
Revenue
$2.1M
$1.3M
Net Profit
$297.3M
$-1.2M
Gross Margin
60.7%
Operating Margin
-97.1%
Net Margin
14155.2%
-94.3%
Revenue YoY
16.7%
-59.0%
Net Profit YoY
2721.3%
-4837.1%
EPS (diluted)
$2.07
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIV
AIV
VRAR
VRAR
Q4 25
$2.1M
$1.3M
Q3 25
$35.1M
$1.4M
Q2 25
$52.8M
Q1 25
$52.4M
Q4 24
$1.8M
Q3 24
$35.3M
Q2 24
$51.1M
Q1 24
$50.2M
Net Profit
AIV
AIV
VRAR
VRAR
Q4 25
$297.3M
$-1.2M
Q3 25
$283.1M
$-1.0M
Q2 25
$-19.3M
Q1 25
$-13.9M
Q4 24
Q3 24
$-21.9M
Q2 24
$-60.5M
Q1 24
$-10.2M
Gross Margin
AIV
AIV
VRAR
VRAR
Q4 25
60.7%
Q3 25
72.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
AIV
AIV
VRAR
VRAR
Q4 25
-97.1%
Q3 25
51.9%
-95.6%
Q2 25
56.0%
Q1 25
55.9%
Q4 24
Q3 24
50.0%
Q2 24
55.9%
Q1 24
57.8%
Net Margin
AIV
AIV
VRAR
VRAR
Q4 25
14155.2%
-94.3%
Q3 25
805.9%
-73.9%
Q2 25
-36.6%
Q1 25
-26.6%
Q4 24
Q3 24
-62.1%
Q2 24
-118.3%
Q1 24
-20.3%
EPS (diluted)
AIV
AIV
VRAR
VRAR
Q4 25
$2.07
$-0.06
Q3 25
$2.04
$-0.05
Q2 25
$-0.14
Q1 25
$-0.10
Q4 24
Q3 24
$-0.16
Q2 24
$-0.43
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIV
AIV
VRAR
VRAR
Cash + ST InvestmentsLiquidity on hand
$394.9M
$3.3M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$361.9M
$15.3M
Total Assets
$1.7B
$16.0M
Debt / EquityLower = less leverage
2.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIV
AIV
VRAR
VRAR
Q4 25
$394.9M
$3.3M
Q3 25
$404.4M
$5.6M
Q2 25
$41.4M
Q1 25
$49.1M
Q4 24
$141.1M
Q3 24
$82.6M
Q2 24
$88.5M
Q1 24
$121.8M
Total Debt
AIV
AIV
VRAR
VRAR
Q4 25
$738.6M
Q3 25
$828.5M
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$829.7M
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
AIV
AIV
VRAR
VRAR
Q4 25
$361.9M
$15.3M
Q3 25
$62.0M
$16.2M
Q2 25
$91.7M
Q1 25
$110.5M
Q4 24
$123.0M
Q3 24
$229.8M
Q2 24
$253.5M
Q1 24
$335.8M
Total Assets
AIV
AIV
VRAR
VRAR
Q4 25
$1.7B
$16.0M
Q3 25
$2.1B
$18.3M
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.1B
Debt / Equity
AIV
AIV
VRAR
VRAR
Q4 25
2.04×
Q3 25
13.37×
Q2 25
11.99×
Q1 25
9.80×
Q4 24
6.75×
Q3 24
5.44×
Q2 24
4.78×
Q1 24
3.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIV
AIV
VRAR
VRAR
Operating Cash FlowLast quarter
$8.1M
$-739.2K
Free Cash FlowOCF − Capex
$-91.5M
$-747.3K
FCF MarginFCF / Revenue
-4358.6%
-57.5%
Capex IntensityCapex / Revenue
4744.0%
0.6%
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters
$-143.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIV
AIV
VRAR
VRAR
Q4 25
$8.1M
$-739.2K
Q3 25
$8.9M
$-1.3M
Q2 25
$9.7M
Q1 25
$3.8M
Q4 24
$47.0M
Q3 24
$16.4M
Q2 24
$8.0M
Q1 24
$21.7M
Free Cash Flow
AIV
AIV
VRAR
VRAR
Q4 25
$-91.5M
$-747.3K
Q3 25
$-19.3M
$-1.3M
Q2 25
$-16.8M
Q1 25
$-15.4M
Q4 24
$-113.0M
Q3 24
$-19.6M
Q2 24
$-28.9M
Q1 24
$-19.2M
FCF Margin
AIV
AIV
VRAR
VRAR
Q4 25
-4358.6%
-57.5%
Q3 25
-55.0%
-92.8%
Q2 25
-31.8%
Q1 25
-29.3%
Q4 24
-6280.2%
Q3 24
-55.4%
Q2 24
-56.5%
Q1 24
-38.3%
Capex Intensity
AIV
AIV
VRAR
VRAR
Q4 25
4744.0%
0.6%
Q3 25
80.4%
0.6%
Q2 25
50.1%
Q1 25
36.7%
Q4 24
8890.4%
Q3 24
101.9%
Q2 24
72.2%
Q1 24
81.5%
Cash Conversion
AIV
AIV
VRAR
VRAR
Q4 25
0.03×
Q3 25
0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIV
AIV

Other Real Estate$2.0M97%
Other$66.0K3%

VRAR
VRAR

Software Services$1.2M90%
Other$124.4K10%

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