Perfect Corp
NYSE:PERF
Perfect Corp
Perfect Corp. engages in the provision of augmented reality (AR) and artificial intelligence (AI) SaaS solutions to the beauty and fashion industries. The company is headquartered in Taipei, New Taipei and currently employs 295 full-time employees. The company went IPO on 2021-03-01. The Company’s technologies include AgileHand, Makeup AR, Live 3D Face AR, Skincare AR and Face AI. Its services include Online Service, Smart Beauty Mirror for In-Store Consultation, YouCam for Web (Enterprise), AR Live Casting for Web and App, Beauty Advisor 1-on-1, Live AR for Corporate Training, AR Virtual Makeup for Google and YouTube, AR Virtual Makeup for Snapchat, AR Virtual Try-On for Instagram, WeChat Mini-Program, Taobao Mini-Program, Mobile SDK YouCam Makeup App Listing and Douyin Mini-Program. The firm offers solutions, including AR Makeup Virtual Try-On, YouCam Tutorial, AI Foundation Shade Finder and Matcher, AI Virtual Background Changer, AI Skin Analysis, AI Face Analyzer, AI Face Reshape Simulator, AI Personality Finder, In-Store Barcode Try-On, AI Virtual Hair Color Try-On and AR Hairstyle Virtual Try-On.
Perfect Corp. engages in the provision of augmented reality (AR) and artificial intelligence (AI) SaaS solutions to the beauty and fashion industries. The company is headquartered in Taipei, New Taipei and currently employs 295 full-time employees. The company went IPO on 2021-03-01. The Company’s technologies include AgileHand, Makeup AR, Live 3D Face AR, Skincare AR and Face AI. Its services include Online Service, Smart Beauty Mirror for In-Store Consultation, YouCam for Web (Enterprise), AR Live Casting for Web and App, Beauty Advisor 1-on-1, Live AR for Corporate Training, AR Virtual Makeup for Google and YouTube, AR Virtual Makeup for Snapchat, AR Virtual Try-On for Instagram, WeChat Mini-Program, Taobao Mini-Program, Mobile SDK YouCam Makeup App Listing and Douyin Mini-Program. The firm offers solutions, including AR Makeup Virtual Try-On, YouCam Tutorial, AI Foundation Shade Finder and Matcher, AI Virtual Background Changer, AI Skin Analysis, AI Face Analyzer, AI Face Reshape Simulator, AI Personality Finder, In-Store Barcode Try-On, AI Virtual Hair Color Try-On and AR Hairstyle Virtual Try-On.
Revenue Growth: Perfect Corp reported first quarter 2025 revenue of $16 million, up 12.1% year-over-year, in line with guidance.
Profitability: Net income surged to $2.3 million, marking a 264% increase year-over-year, with a strong net margin of 14.3%.
Cash Flow & Balance Sheet: The company generated $4.3 million in operating cash flow and holds $164.6 million in cash and equivalents.
B2C Subscription Momentum: Active paying subscribers reached 973,000, up 7.9% YoY, with higher average revenue per user driven by premium plan launches.
AI Product Launch: The YouCam AI Chat app launched globally with 8 language support, integrating multiple AI and generative features.
Wanna Acquisition Integration: Integration of Wanna is progressing smoothly, expanding the client base and product offerings, especially in shoes and fashion.
Guidance Reaffirmed: Management maintained its 2025 revenue growth guidance of 13% to 14.5%.