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Side-by-side financial comparison of Envirotech Vehicles, Inc. (EVTV) and Glimpse Group, Inc. (VRAR). Click either name above to swap in a different company.

Envirotech Vehicles, Inc. is the larger business by last-quarter revenue ($2.5M vs $1.3M, roughly 1.9× Glimpse Group, Inc.). Glimpse Group, Inc. runs the higher net margin — -94.3% vs -545.9%, a 451.6% gap on every dollar of revenue. On growth, Envirotech Vehicles, Inc. posted the faster year-over-year revenue change (908.5% vs -59.0%).

Envirotech Vehicles, Inc. is a provider of zero-emission commercial electric vehicles, with product lines covering light-duty delivery vans, medium-duty work trucks, and purpose-built special electric vehicles. It mainly serves North American logistics, municipal services, and last-mile delivery segments, supporting custom vehicle configuration to match clients' specific operational requirements.

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.

EVTV vs VRAR — Head-to-Head

Bigger by revenue
EVTV
EVTV
1.9× larger
EVTV
$2.5M
$1.3M
VRAR
Growing faster (revenue YoY)
EVTV
EVTV
+967.5% gap
EVTV
908.5%
-59.0%
VRAR
Higher net margin
VRAR
VRAR
451.6% more per $
VRAR
-94.3%
-545.9%
EVTV

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
EVTV
EVTV
VRAR
VRAR
Revenue
$2.5M
$1.3M
Net Profit
$-13.6M
$-1.2M
Gross Margin
-479.8%
60.7%
Operating Margin
-566.0%
-97.1%
Net Margin
-545.9%
-94.3%
Revenue YoY
908.5%
-59.0%
Net Profit YoY
-484.0%
-4837.1%
EPS (diluted)
$-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
EVTV
EVTV
VRAR
VRAR
Q4 25
$2.5M
$1.3M
Q3 25
$1.8M
$1.4M
Q2 25
$1.0M
Q1 25
$590.6K
Q4 24
$246.8K
Q3 24
$0
Q2 24
$812.8K
Q1 24
$810.5K
Net Profit
EVTV
EVTV
VRAR
VRAR
Q4 25
$-13.6M
$-1.2M
Q3 25
$-6.4M
$-1.0M
Q2 25
$-5.1M
Q1 25
$-14.0M
Q4 24
Q3 24
$-1.2M
Q2 24
$-755.1K
Q1 24
$-4.5M
Gross Margin
EVTV
EVTV
VRAR
VRAR
Q4 25
-479.8%
60.7%
Q3 25
4.5%
72.1%
Q2 25
-139.2%
Q1 25
20.2%
Q4 24
44.9%
Q3 24
Q2 24
25.1%
Q1 24
38.0%
Operating Margin
EVTV
EVTV
VRAR
VRAR
Q4 25
-566.0%
-97.1%
Q3 25
-334.5%
-95.6%
Q2 25
-458.4%
Q1 25
-2325.2%
Q4 24
Q3 24
Q2 24
-163.0%
Q1 24
-364.8%
Net Margin
EVTV
EVTV
VRAR
VRAR
Q4 25
-545.9%
-94.3%
Q3 25
-350.8%
-73.9%
Q2 25
-491.6%
Q1 25
-2376.8%
Q4 24
Q3 24
Q2 24
-92.9%
Q1 24
-559.2%
EPS (diluted)
EVTV
EVTV
VRAR
VRAR
Q4 25
$-0.06
Q3 25
$-0.05
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
EVTV
EVTV
VRAR
VRAR
Cash + ST InvestmentsLiquidity on hand
$359.0K
$3.3M
Total DebtLower is stronger
$485.8K
Stockholders' EquityBook value
$-8.9M
$15.3M
Total Assets
$4.7M
$16.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVTV
EVTV
VRAR
VRAR
Q4 25
$359.0K
$3.3M
Q3 25
$77.6K
$5.6M
Q2 25
$942.2K
Q1 25
$211.3K
Q4 24
$1.9M
Q3 24
$682.7K
Q2 24
$437.1K
Q1 24
$1.0M
Total Debt
EVTV
EVTV
VRAR
VRAR
Q4 25
$485.8K
Q3 25
$2.9M
Q2 25
$4.9M
Q1 25
$4.6M
Q4 24
$3.4M
Q3 24
$918.1K
Q2 24
$1.3M
Q1 24
$1.1M
Stockholders' Equity
EVTV
EVTV
VRAR
VRAR
Q4 25
$-8.9M
$15.3M
Q3 25
$1.9M
$16.2M
Q2 25
$5.9M
Q1 25
$9.2M
Q4 24
$20.9M
Q3 24
$19.0M
Q2 24
$18.1M
Q1 24
$18.5M
Total Assets
EVTV
EVTV
VRAR
VRAR
Q4 25
$4.7M
$16.0M
Q3 25
$18.2M
$18.3M
Q2 25
$22.7M
Q1 25
$24.8M
Q4 24
$32.7M
Q3 24
$22.8M
Q2 24
$22.5M
Q1 24
$23.2M
Debt / Equity
EVTV
EVTV
VRAR
VRAR
Q4 25
Q3 25
1.54×
Q2 25
0.84×
Q1 25
0.50×
Q4 24
0.16×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
EVTV
EVTV
VRAR
VRAR
Operating Cash FlowLast quarter
$708.3K
$-739.2K
Free Cash FlowOCF − Capex
$-747.3K
FCF MarginFCF / Revenue
-57.5%
Capex IntensityCapex / Revenue
0.0%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVTV
EVTV
VRAR
VRAR
Q4 25
$708.3K
$-739.2K
Q3 25
$-910.4K
$-1.3M
Q2 25
$-1.2M
Q1 25
$-4.2M
Q4 24
$-3.5M
Q3 24
$-1.1M
Q2 24
$-965.0K
Q1 24
$-735.6K
Free Cash Flow
EVTV
EVTV
VRAR
VRAR
Q4 25
$-747.3K
Q3 25
$-1.3M
Q2 25
Q1 25
$-4.4M
Q4 24
$-3.9M
Q3 24
$-1.2M
Q2 24
$-1.1M
Q1 24
FCF Margin
EVTV
EVTV
VRAR
VRAR
Q4 25
-57.5%
Q3 25
-92.8%
Q2 25
Q1 25
-744.1%
Q4 24
-1594.4%
Q3 24
Q2 24
-135.4%
Q1 24
Capex Intensity
EVTV
EVTV
VRAR
VRAR
Q4 25
0.0%
0.6%
Q3 25
0.0%
0.6%
Q2 25
0.0%
Q1 25
29.9%
Q4 24
174.4%
Q3 24
Q2 24
16.6%
Q1 24
0.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

EVTV
EVTV

Segment breakdown not available.

VRAR
VRAR

Software Services$1.2M90%
Other$124.4K10%

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