Perfect Corp
NYSE:PERF
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Perfect Corp
NYSE:PERF
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Perfect Corp
Perfect Corp makes augmented reality and artificial intelligence software that lets people virtually try on makeup, skincare effects, glasses, jewelry, and other beauty or fashion items before buying. It sells these tools to brands, retailers, and e-commerce companies that want to add interactive product experiences to their websites, apps, and stores. The company also offers consumer apps and AI-based skin analysis tools that help shoppers test looks, compare products, and get personalized recommendations. Its customers are mainly beauty, eyewear, jewelry, and fashion businesses that want to improve online shopping and reduce the uncertainty that comes with buying products you cannot physically test first. Perfect Corp makes money by charging businesses for software subscriptions, licensing, and related services that power these virtual try-on and beauty tech features. Its role is different from a normal cosmetics or fashion seller: it sits in the middle as the technology layer that helps brands turn product discovery into a more interactive shopping experience.
Perfect Corp makes augmented reality and artificial intelligence software that lets people virtually try on makeup, skincare effects, glasses, jewelry, and other beauty or fashion items before buying. It sells these tools to brands, retailers, and e-commerce companies that want to add interactive product experiences to their websites, apps, and stores.
The company also offers consumer apps and AI-based skin analysis tools that help shoppers test looks, compare products, and get personalized recommendations. Its customers are mainly beauty, eyewear, jewelry, and fashion businesses that want to improve online shopping and reduce the uncertainty that comes with buying products you cannot physically test first.
Perfect Corp makes money by charging businesses for software subscriptions, licensing, and related services that power these virtual try-on and beauty tech features. Its role is different from a normal cosmetics or fashion seller: it sits in the middle as the technology layer that helps brands turn product discovery into a more interactive shopping experience.
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%.